<SEC-DOCUMENT>0001104659-20-045587.txt : 20200410
<SEC-HEADER>0001104659-20-045587.hdr.sgml : 20200410
<ACCEPTANCE-DATETIME>20200410170438
ACCESSION NUMBER:		0001104659-20-045587
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20200408
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200410
DATE AS OF CHANGE:		20200410

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ROYAL CARIBBEAN CRUISES LTD
		CENTRAL INDEX KEY:			0000884887
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER TRANSPORTATION [4400]
		IRS NUMBER:				980081645
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11884
		FILM NUMBER:		20787146

	BUSINESS ADDRESS:	
		STREET 1:		1050 CARIBBEAN WAY
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33132
		BUSINESS PHONE:		3055396000

	MAIL ADDRESS:	
		STREET 1:		1050 CARIBBEAN WAY
		CITY:			MIAMI
		STATE:			FL
		ZIP:			33132

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RA HOLDINGS INC
		DATE OF NAME CHANGE:	19920424
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>tm2015547-1_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="utf-8"?>
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:xs="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:iso4217="http://www.xbrl.org/2003/iso4217" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:us-gaap="http://fasb.org/us-gaap/2019-01-31" xmlns:us-roles="http://fasb.org/us-roles/2019-01-31" xmlns:country="http://xbrl.sec.gov/country/2017-01-31" xmlns:srt="http://fasb.org/srt/2019-01-31" xmlns:rcl="http://royalcaribbean.com/20200408">
<head>
     <title></title>
<meta http-equiv="Content-Type" content="text/html" /></head>
<!-- Field: Set; Name: xdx; ID: xdx_021_US%2DGAAP%2D2019 -->
<!-- Field: Set; Name: xdx; ID: xdx_03A_rcl_royalcaribbean.com_20200408 -->
<!-- Field: Set; Name: xdx; ID: xdx_043_20200407_20200408 -->
<!-- Field: Set; Name: xdx; ID: xdx_053_edei%2D%2DEntityCentralIndexKey_0000884887 -->
<!-- Field: Set; Name: xdx; ID: xdx_059_edei%2D%2DAmendmentFlag_false -->
<!-- Field: Set; Name: xdx; ID: xdx_06B_USD_1_iso4217%2D%2DUSD -->
<!-- Field: Set; Name: xdx; ID: xdx_062_Shares_2_xbrli%2D%2Dshares -->
<!-- Field: Set; Name: xdx; ID: xdx_06D_USDPShares_3_iso4217%2D%2DUSD_xbrli%2D%2Dshares -->
<body style="font: 10pt Times New Roman, Times, Serif">
<div style="display: none">
<ix:header>
  <ix:hidden>
    <ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityCentralIndexKey">0000884887</ix:nonNumeric>
    <ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:booleanfalse" name="dei:AmendmentFlag">false</ix:nonNumeric>
    </ix:hidden>
  <ix:references>
    <link:schemaRef xlink:href="rcl-20200408.xsd" xlink:type="simple" />
    </ix:references>
  <ix:resources>
    <xbrli:context id="From2020-04-07to2020-04-08">
      <xbrli:entity>
        <xbrli:identifier scheme="http://www.sec.gov/CIK">0000884887</xbrli:identifier>
      </xbrli:entity>
      <xbrli:period>
        <xbrli:startDate>2020-04-07</xbrli:startDate>
        <xbrli:endDate>2020-04-08</xbrli:endDate>
      </xbrli:period>
    </xbrli:context>
    <xbrli:unit id="USD">
      <xbrli:measure>iso4217:USD</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="Shares">
      <xbrli:measure>xbrli:shares</xbrli:measure>
    </xbrli:unit>
    <xbrli:unit id="USDPShares">
      <xbrli:divide>
        <xbrli:unitNumerator>
          <xbrli:measure>iso4217:USD</xbrli:measure>
        </xbrli:unitNumerator>
        <xbrli:unitDenominator>
          <xbrli:measure>xbrli:shares</xbrli:measure>
        </xbrli:unitDenominator>
      </xbrli:divide>
    </xbrli:unit>
    </ix:resources>
  </ix:header>
</div>


<p style="margin: 0">&#160;</p>

<p style="margin: 0"></p>

<!-- Field: Rule-Page --><div style="margin-top: 0pt; margin-bottom: 3pt; width: 100%"><div style="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="margin: 0"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0pt; margin-top: 0pt"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0pt; margin-top: 0pt"><span style="font-size: 11pt"><b>UNITED
STATES<br />
SECURITIES AND EXCHANGE COMMISSION</b></span><b><br />
WASHINGTON, D.C. 20549</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0pt; margin-top: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0pt; margin-top: 0pt"></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0pt; margin-top: 0pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-bottom: 0pt; margin-top: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 12pt"><b>FORM
<span id="xdx_907_edei--DocumentType_c20200407__20200408_zBwr6JvCNsw5"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:DocumentType">8-K</ix:nonNumeric></span></b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><br />
</span><span style="font: 12pt Times New Roman, Times, Serif"><b>CURRENT REPORT</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>Pursuant
To Section 13 or 15(d) of The Securities Exchange Act of 1934</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b>&#160;</b></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font: 10pt Times New Roman, Times, Serif"><b></b>Date
of report (Date of earliest event reported): <span id="xdx_90E_edei--DocumentPeriodEndDate_c20200407__20200408_z9A5Skow09m3"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:datemonthdayyearen" name="dei:DocumentPeriodEndDate">April 8, 2020</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">&#160;</p>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 25%">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font: bold 14pt Times New Roman, Times, Serif; padding-bottom: 7pt; width: 50%; text-align: center"><span id="xdx_90C_edei--EntityRegistrantName_c20200407__20200408_zw1eLY5CRmT7"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityRegistrantName">ROYAL CARIBBEAN CRUISES LTD.</ix:nonNumeric></span></td>
    <td style="width: 25%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">(Exact Name of Registrant as Specified in Charter)</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif">&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 6pt; text-align: center">Republic of <span id="xdx_909_edei--EntityIncorporationStateCountryCode_c20200407__20200408_z1ODaLE3D4K8"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt-sec:edgarprovcountryen" name="dei:EntityIncorporationStateCountryCode">Liberia</ix:nonNumeric></span></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">(State or Other Jurisdiction of Incorporation)</td>
    <td>&#160;</td></tr>
</table>




<p style="margin: 0">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: middle">
    <td style="width: 10%">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-bottom: 7pt; text-align: center; width: 30%"><b><span id="xdx_906_edei--EntityFileNumber_c20200407__20200408_zBk6jYN2Bgg2"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityFileNumber">1-11884</ix:nonNumeric></span></b></td>
    <td style="width: 20%">&#160;</td>
    <td style="border-bottom: Black 1pt solid; padding-bottom: 7pt; text-align: center; width: 30%"><b><span id="xdx_908_edei--EntityTaxIdentificationNumber_c20200407__20200408_zelSVvY7aRC7"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityTaxIdentificationNumber">98-0081645</ix:nonNumeric></span></b></td>
    <td style="width: 10%">&#160;</td></tr>
<tr style="vertical-align: middle">
    <td>&#160;</td>
    <td style="padding-top: 3pt">


        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Commission File Number)</p></td>
    <td>&#160;</td>
    <td style="padding-top: 3pt">


        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center">(IRS Employer Identification No.)</p></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: middle">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: middle">
    <td>&#160;</td>
    <td style="padding-bottom: 7pt; text-align: center"><b><span id="xdx_909_edei--EntityAddressAddressLine1_c20200407__20200408_zVQp3zlEr0cb"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityAddressAddressLine1">1050 Caribbean Way</ix:nonNumeric></span>, <span id="xdx_904_edei--EntityAddressCityOrTown_c20200407__20200408_z5YP4VAMhwOf"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityAddressCityOrTown">Miami</ix:nonNumeric></span>, <span id="xdx_907_edei--EntityAddressStateOrProvince_c20200407__20200408_zKisBVR4z87a"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">Florida</ix:nonNumeric></span></b></td>
    <td>&#160;</td>
    <td style="padding-bottom: 7pt; text-align: center"><b><span id="xdx_908_edei--EntityAddressPostalZipCode_c20200407__20200408_zCLFX1974fA5"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:EntityAddressPostalZipCode">33132</ix:nonNumeric></span></b></td>
    <td>&#160;</td></tr>
<tr style="vertical-align: middle">
    <td>&#160;</td>
    <td style="border-top: Black 1pt solid; padding-top: 3pt">


        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Address of Principal Executive Offices)</p></td>
    <td>&#160;</td>
    <td style="border-top: Black 1pt solid; padding-top: 3pt">


        <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center">(Zip Code)</p></td>
    <td>&#160;</td></tr>
</table>

<p style="margin: 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">Registrant's telephone number, including area code: <b><span id="xdx_90A_edei--CityAreaCode_c20200407__20200408_za2b5X3VYtP6"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:CityAreaCode">305</ix:nonNumeric></span>-<span id="xdx_90B_edei--LocalPhoneNumber_c20200407__20200408_zZeMpMxxxBn1"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:LocalPhoneNumber">539-6000</ix:nonNumeric></span></b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%">
<tr style="vertical-align: bottom">
    <td style="width: 25%">&#160;</td>
    <td style="border-bottom: Black 1pt solid; font: bold 10pt Times New Roman, Times, Serif; padding-bottom: 3pt; width: 50%; text-align: center">Not Applicable</td>
    <td style="width: 25%">&#160;</td></tr>
<tr style="vertical-align: bottom">
    <td>&#160;</td>
    <td style="font: 10pt Times New Roman, Times, Serif; text-align: center">(Former Name or Former Address, if Changed Since Last Report)</td>
    <td>&#160;</td></tr>
</table>


<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>


<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></p>

<!-- Field: Rule-Page --><div style="margin: 3pt auto; width: 25%"><div style="border-top: Black 1pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0.25in; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0in; margin-top: 0pt; margin-bottom: 0pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 3%">&#160;</td>
    <td style="width: 3%; text-align: center"><span style="font-family: Wingdings"><span id="xdx_904_edei--WrittenCommunications_c20200407__20200408_zfu72z97CkH8"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:booleanfalse" name="dei:WrittenCommunications">&#168;</ix:nonNumeric></span></span></td>
    <td style="width: 94%; text-align: left">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td style="text-align: center"><span style="font-family: Wingdings"><span id="xdx_906_edei--SolicitingMaterial_c20200407__20200408_z8HbmUOV6ySf"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:booleanfalse" name="dei:SolicitingMaterial">&#168;</ix:nonNumeric></span></span></td>
    <td style="text-align: left">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td style="text-align: center"><span style="font-family: Wingdings"><span id="xdx_90E_edei--PreCommencementTenderOffer_c20200407__20200408_z2WCPIexpjB"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:booleanfalse" name="dei:PreCommencementTenderOffer">&#168;</ix:nonNumeric></span></span></td>
    <td style="text-align: left">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td>&#160;</td>
    <td>&#160;</td></tr>
<tr style="vertical-align: top">
    <td>&#160;</td>
    <td style="text-align: center"><span style="font-family: Wingdings"><span id="xdx_909_edei--PreCommencementIssuerTenderOffer_c20200407__20200408_zAi1fJbFecm"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:booleanfalse" name="dei:PreCommencementIssuerTenderOffer">&#168;</ix:nonNumeric></span></span></td>
    <td style="text-align: left">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="border-bottom: Black 1pt solid; text-align: center; width: 32%">Title of each class</td>
    <td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; text-align: center; width: 32%">Trading Symbol(s)</td>
    <td style="width: 2%; padding-bottom: 1pt">&#160;</td>
    <td style="border-bottom: Black 1pt solid; width: 32%; text-align: center">Name of each exchange on which registered</td></tr>
<tr style="vertical-align: top">
    <td style="text-align: center"><span id="xdx_905_edei--Security12bTitle_c20200407__20200408_zsEnsq824JB4"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:Security12bTitle">Common stock, par value $0.01 per share</ix:nonNumeric></span></td>
    <td>&#160;</td>
    <td style="text-align: center"><span id="xdx_901_edei--TradingSymbol_c20200407__20200408_zIqSOQaw6728"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" name="dei:TradingSymbol">RCL</ix:nonNumeric></span></td>
    <td>&#160;</td>
    <td style="text-align: center"><span id="xdx_908_edei--SecurityExchangeName_c20200407__20200408_z8uzM9ATAVM3"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">New York Stock Exchange</ix:nonNumeric></span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">Indicate by check
mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of
this chapter) or Rule&#160;12b-2&#160;of the Securities Exchange Act of 1934&#160;(&#167;240.12b-2&#160;of this chapter).</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: right; margin-top: 0pt; margin-bottom: 0pt">Emerging growth company&#160;&#160;&#160;&#160;<span style="font-family: Wingdings"><span id="xdx_906_edei--EntityEmergingGrowthCompany_c20200407__20200408_zfSPh5Rbla28"><ix:nonNumeric contextRef="From2020-04-07to2020-04-08" format="ixt:booleanfalse" name="dei:EntityEmergingGrowthCompany">&#168;</ix:nonNumeric></span></span></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">If an emerging growth
company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any
new or revised financial accounting standards provided pursuant to Section&#160;13(a) of the Exchange Act.&#160;&#160;<span style="font-family: Wingdings">&#168;</span></p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"></p>

<!-- Field: Rule-Page --><div style="width: 100%"><div style="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&#160;</div></div><!-- Field: /Rule-Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"></p>

<!-- Field: Page; Sequence: 1 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page -->

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
<tr style="vertical-align: top; text-align: justify">
    <td style="width: 0in">&#160;</td>
    <td style="width: 0.8in; text-align: left"><span style="font: 10pt Times New Roman, Times, Serif"><b>Item 1.01</b></span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><b>Entry into a Material Definitive Agreement</b></span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 8, 2020, we amended the export-credit
backed loan facilities incurred to finance <i>Anthem of the Seas</i> and <i>Spectrum of the Seas</i>, respectively, in order to
incorporate the benefits of a 12-month debt holiday initiative being offered by Euler Hermes Aktiengesellschaft (&#8220;Hermes&#8221;),
the official export credit agency of Germany, to the cruise industry (the &#8220;Debt Holiday&#8221;). The intention of this initiative
is to provide interim debt service and financial covenant relief during the current global health crisis to cruise-line borrowers
with respect to their Hermes-guaranteed financings.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Under the terms of each amendment, the
lenders have made available to us a new tranche of each loan (the &#8220;Deferred Tranche&#8221;), the proceeds of which will be
used to repay any principal amortization payments due on such facilities between April 1, 2020 and March 31, 2021 (the &#8220;Deferral
Period&#8221;). The Deferred Tranche will be repayable in eight equal semi-annual installments between April 2021 and October 2024.
Interest on the Deferred Tranche will accrue at the same floating rate that applies to the existing loan (LIBOR <i>plus </i>1.30%
per annum, in the case of <i>Anthem</i> and LIBOR <i>plus </i>0.95% per annum, in the case of <i>Spectrum)</i>. Interest is payable
during the Deferral Period.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The lenders have also agreed that, during
the Deferral Period, a breach of the financial covenants will not trigger a mandatory prepayment under the Loan Agreements.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In the event we take certain actions while
the Deferred Tranche is outstanding, we will be required to prepay the outstanding balance of the Deferred Tranche. These actions
include the payment of dividends, the repurchase of stock, and the issuance of debt or equity other than for liquidity. These restrictions
are subject to customary carveouts such as, in the case of new debt, debt incurred to finance new ships.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain of the lenders participating in
the amended facilities, and affiliates of those parties, provide banking, investment banking and other financial services to us
from time to time for which they have received, and will in the future receive, customary fees.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The foregoing description of the provisions
of the amendments is summary in nature and is qualified in its entirety by reference to the full and complete terms of the amendments,
copies of which are filed herewith as Exhibit&#160;10.1 and 10.2 and incorporated herein by reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
<tr style="vertical-align: top; text-align: justify">
    <td style="width: 0in"><b>&#160;</b></td>
    <td style="width: 0.8in; text-align: left"><b>Item 2.03.</b></td>
    <td style="text-align: justify"><b>Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
    of a Registrant</b></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The disclosure required by this item is
included in Item&#160;1.01 of this Current Report on Form&#160;8-K and is incorporated herein by&#160;reference.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
<tr style="vertical-align: top; text-align: justify">
    <td style="width: 0in">&#160;</td>
    <td style="width: 0.8in; text-align: left"><span style="font: 10pt Times New Roman, Times, Serif"><b>Item 8.01.</b></span></td>
    <td style="text-align: justify"><span style="font: 10pt Times New Roman, Times, Serif"><b>Other Events</b></span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In addition to the two amendments referred
to above, we also amended the export-credit backed loan facility incurred to finance <i>Celebrity Reflection </i>in order to incorporate
the benefits of the Debt Holiday<i>. </i>Across these three facilities, the Debt Holiday initiative will generate $200 million
of incremental liquidity through April 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<!-- Field: Page; Sequence: 2 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>&#160;</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We are also seeking to incorporate the
Debt Holiday initiative across the remainder of our Hermes-backed facilities. If successful, this will generate an additional $320
million of liquidity through April 2021.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Certain statements in this document relating
to, among other things, our future performance constitutes forward-looking statements under the Private Securities Litigation Reform
Act of 1995. These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2020
and beyond. Words such as &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;could,&#8221; &#8220;driving,&#8221; &#8220;estimate,&#8221;
&#8220;expect,&#8221; &#8220;goal,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;plan,&#8221; &#8220;project,&#8221; &#8220;seek,&#8221;
&#8220;should,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; and similar expressions are intended to help identify forward-looking
statements. Forward-looking statements reflect management&#8217;s current expectations, are based on judgments, are inherently
uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements
to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements.
Examples of these risks, uncertainties and other factors include, but are not limited to the following: the impact of the economic
and geopolitical environment on key aspects of our business, such as the demand for cruises, passenger spending, and operating
costs; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments
and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; incidents
or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry
in general; concerns over safety, health and security of guests and crew; the impact of the global incidence and spread of COVID-19,
which has had and will continue to have a material negative impact on our operating results and liquidity, or other contagious
illnesses on economic conditions and the travel industry in general and the financial position and operating results of our company
in particular, such as: the current and potential additional governmental and self-imposed travel restrictions, the current and
potential extension of the suspension of cruises and new additional suspensions, guest cancellations, an inability to source our
crew or our provisions and supplies from certain places, the incurrence of COVID-19 and other contagious diseases on our ships
and an increase in concern about the risk of illness on our ships or when traveling to or from our ships, all of which reduces
demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in US foreign travel
policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to
recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness and restrictions
in the agreements governing our indebtedness that limit our flexibility in operating our business, including the significant portion
of assets that are collateral under these agreements; the impact of foreign currency exchange rates, interest rate&#160;and fuel
price fluctuations; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs associated
with protecting our systems and maintaining integrity and security of our business information, as well as personal data of our
guests, employees and others;&#160; the impact of new or changing legislation and regulations or governmental orders on our business;
pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality
on our business; emergency ship repairs, including the related lost revenue; the impact of issues at shipyards, including ship
delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; and the unavailability or cost
of air service.</p>

<p style="font: 13.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-size: 10pt">&#160;</span></p>

<!-- Field: Page; Sequence: 3 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">More information about factors that could
affect our operating results is included under the captions &#8220;Risk Factors&#8221; and &#8220;Management&#8217;s Discussion
and Analysis of Financial Condition and Results of Operations&#8221; in our most recent annual report on Form 10-K and our recent
quarterly reports on Form 10-Q, copies of which may be obtained by visiting our Investor Relations website at&#160;<span style="text-decoration: underline">www.rclinvestor.com</span>&#160;or
the SEC&#8217;s website at&#160;<span style="text-decoration: underline">www.sec.gov</span>. Undue reliance should not be placed on the forward-looking statements in this
document, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise
any forward-looking statements, whether as a result of new information, future events or otherwise.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><b>Item 9.01 Financial Statements and
Exhibits.</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in; background-color: white"><b>(d)&#160;&#160;&#160;
Exhibits</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><a href="tm2015547d1_ex10-1.htm" style="-sec-extract: exhibit">10.1 Sixth Amendment Agreement to a Credit Agreement dated as of June 8, 2011 (as amended and restated from time to time) &#8220;Anthem of the Seas&#8221; &#8211; ex Hull No. S-698, dated April 8, 2020 between the Company, the lenders party thereto, KfW IPEX-Bank GmbH, as Hermes agent, facility agent, initial mandated lead arrangers and the mandated lead arrangers.</a></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><a href="tm2015547d1_ex10-2.htm" style="-sec-extract: exhibit">10.2 Third Amendment Agreement to a Credit Agreement dated as of 13 November 2015 (as amended and restated from time to time) &#8220;Spectrum of the Seas&#8221; &#8211; ex Hull No. S-700, dated April 8, 2020 between the Company, the lenders party thereto, KfW IPEX-Bank GmbH, as Hermes agent, facility agent, initial mandated lead arrangers and the mandated lead arrangers</a></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">104 Cover Page Interactive Data File (embedded within the Inline XBRL document).&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<!-- Field: Page; Sequence: 4 -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <div style="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><b>SIGNATURES</b></p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&#160;</p>

<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%">
<tr style="vertical-align: top; text-align: justify">
    <td>&#160;</td>
    <td style="text-align: left">&#160;</td>
    <td colspan="2" style="text-align: justify"><span style="font-size: 10pt">ROYAL CARIBBEAN CRUISES LTD. </span></td></tr>
<tr style="vertical-align: top; text-align: justify">
    <td>&#160;</td>
    <td style="text-align: left">&#160;</td>
    <td colspan="2" style="text-align: justify">&#160;</td></tr>
<tr style="vertical-align: top; text-align: justify">
    <td><span style="font-size: 10pt">Date:</span></td>
    <td style="text-align: left"><span style="font-size: 10pt">April 10, 2020</span></td>
    <td style="text-align: justify"><span style="font-size: 10pt">By:</span></td>
    <td style="border-bottom: Black 1pt solid; text-align: justify"><span style="font-size: 10pt">/s/ Bradley H. Stein</span></td></tr>
<tr style="vertical-align: top; text-align: justify">
    <td style="width: 6%">&#160;</td>
    <td style="text-align: left; width: 43%">&#160;</td>
    <td style="text-align: justify; width: 2%"><span style="font-size: 10pt">Name:</span>&#160;&#160;</td>
    <td style="text-align: justify; width: 49%"><span style="font-size: 10pt">Bradley H. Stein</span></td></tr>
<tr style="vertical-align: top; text-align: justify">
    <td>&#160;</td>
    <td style="text-align: left">&#160;</td>
    <td style="text-align: justify">&#160;</td>
    <td style="text-align: justify"><span style="font-size: 10pt">Senior Vice President, General Counsel &#38; Secretary</span></td></tr>
</table>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<!-- Field: Page; Sequence: 5; Options: Last -->
    <div style="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><p style="margin: 0pt">&#160;</p></div>
    <!-- Field: /Page --><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#160;</p>

<p style="margin: 0pt 0">&#160;</p>



<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt">&#160;</p>

<p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"></p>

</body>
</html>
<!-- Field: Set; Name: xdx; ID: xdx_08B_extensions -->
<!-- eJxFjV0KwjAQhE/QOyx5Fk1bBO2bFi1iFSkivsZ2lWCbLZv4dyRvaWwRl4VlmflmhBiIjJa6RobjvMhhj01bK4dQ4BkZTYneka7WCfhb4EVbx8q47v2BKXkGPTMeylPphc561xarBORkJMNROAUZJXEMs40IvnpK5qwrNE6rGpSpYMfUskan+NUn7NWTDDWvruqAbDWZBMKh7OU3RDKMYEt39SC+WsjzVASDbgKRMd3ab83NOmpgUWPju2yP/jf4ADFpSWw= -->
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>tm2015547d1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Exhibit
10.1</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Execution
version</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Sixth
Amendment Agreement to a Credit Agreement dated as of 8 June<BR>
2011 (as amended and restated from time to time)<BR>
 &quot;ANTHEM OF THE SEAS&quot; - ex-hull no S-698</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="text-align: left; font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Dated
8 April 2020</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT>&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(1)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Royal
                                         Caribbean Cruises Ltd.<BR>
                                         (as the Borrower)</B></FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(2)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>The
                                         Lenders party to the Credit Agreement<BR> (as the Lenders)</B></FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(3)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH<BR>
                                         (as Hermes Agent and Facility Agent)</B></FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(4)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH<BR> (as Initial Mandated Lead Arranger)</B></FONT></TD>
</TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(5)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>The
                                         Mandated Lead Arrangers party to the Credit Agreement<BR>
                                         (as Mandated Lead Arrangers)</B></FONT></TD>
</TR></TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><IMG SRC="tm2015547d1_ex10-1img001.jpg" ALT=""></FONT><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Contents</B></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; width: 15%; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Interpretation</FONT></TD>
    <TD STYLE="padding-top: 3pt; width: 10%; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Deferred Tranche</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Representations</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amendments to Credit Agreement</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fees, Costs and Expenses</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Notices, Counterparts, Third Party Rights,
    Governing Law, Jurisdiction and Process Agent</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">15</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule 1</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The Finance Parties</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule 2</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective Date Confirmation</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">17</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule 3</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions Precedent</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule 4</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment Schedule</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20</FONT></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Verdana, Helvetica, Sans-Serif">
    <TD STYLE="padding-top: 3pt; vertical-align: top; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule 5</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Form of Information Package</FONT></TD>
    <TD STYLE="padding-top: 3pt; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">22</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Amendment
Agreement</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Dated
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 April 2020</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Between:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Royal
                                         Caribbean Cruises Ltd.</B>, a corporation incorporated according to the law of the Republic
                                         of Liberia with registered office at 80 Broad Street, Monrovia, Republic of Liberia (the
                                         &quot;<B>Borrower</B>&quot;); and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         financial institutions identified as Lenders in Schedule 1 (together the &quot;<B>Lenders</B>&quot;
                                         and each a &quot;<B>Lender</B>&quot;); and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH</B>, acting as Hermes agent through its office at the address indicated
                                         against its name in Schedule 1 (in that capacity the &quot;<B>Hermes Agent</B>&quot;);
                                         and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH</B>, acting as facility agent through its office at the address indicated
                                         against its name in Schedule 1 (in that capacity the &quot;<B>Facility Agent</B>&quot;);
                                         and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH</B>, acting as initial mandated lead arranger (in that capacity the &quot;<B>Initial
                                         Mandated Lead Arranger</B>&quot;); and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         financial institutions identified as Mandated Lead Arrangers in Schedule 1 (together
                                         the &quot;<B>Mandated Lead Arrangers</B>&quot; and each a &quot;<B>Mandated Lead Arranger</B>&quot;),</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>amending
</B>a credit agreement dated as of 8 June 2011 as amended and restated on 17&nbsp;February 2012, further amended on 10 May 2012,
further amended on 2 April 2015, further amended on 3 February 2016 and further amended and restated on 3 July 2018 (the &quot;<B>Credit
Agreement</B>&quot;) made between the Borrower, the Lenders, the Hermes Agent, the Facility Agent, the Initial Mandated Lead Arranger
and the Mandated Lead Arrangers on the terms and subject to the conditions of which each of the Lenders agreed to advance (and
have advanced) to the Borrower its respective Commitment of an aggregate amount not exceeding the Maximum Loan Amount (the &quot;<B>Advanced
Loan</B>&quot;).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Whereas:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(A)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         &quot;Cruise Debt Holiday Principles&quot; dated 26 March 2020 (the &quot;<B>Principles</B>&quot;)
                                         which have been coordinated with Hermes set out certain key principles and parameters
                                         relating to, amongst other things, the temporary suspension of principal repayments in
                                         connection with certain qualifying loan agreements of which the Credit Agreement is one.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(B)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower has, by a consent request letter dated 31 March 2020 relating to the Principles,
                                         requested that the Facility Agent on behalf of the Finance Parties amend the Credit Agreement
                                         as detailed in this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(C)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Lenders have agreed to make available to the Borrower a US dollar loan facility up to
                                         the amount of the Deferred Tranche Maximum Loan Amount (as defined in Clause 5.1.1) for
                                         the purpose of paying the repayment instalments payable on the Repayment Dates falling
                                         during the Advanced Loan Deferral Period (as defined in Clause 3) upon the terms and
                                         conditions contained in this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">For
good and valuable consideration, the mutual sufficiency of which the parties hereby agree, <B>it is agreed that</B>:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Interpretation</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
                                         this Amendment Agreement:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;<B>Deferred
Tranche Effective Date</B>&quot; means the date on which the Facility Agent confirms to the Borrower in writing substantially
in the form set out in Schedule 2 that all of the conditions referred to in Clause 2.1 have been satisfied, which confirmation
the Facility Agent shall be under no obligation to give if a Default or a Prepayment Event shall have occurred for which relief
is not provided pursuant to the Principles and this Amendment Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;<B>Finance
Parties</B>&quot; means the Lenders, the Hermes Agent, the Facility Agent, the Initial Mandated Lead Arranger and the Mandated
Lead Arrangers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">All
                                         words and expressions defined in the Credit Agreement shall have the same meaning when
                                         used in this Amendment Agreement unless the context otherwise requires, and sections
                                         1.2 (<I>Use of Defined Terms</I>) and 1.3 (<I>Cross-References</I>) of the Credit Agreement
                                         shall apply to the interpretation of this Amendment Agreement as if they are set out
                                         in full.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         parties to this Amendment Agreement acknowledge and agree that they may execute this
                                         Amendment Agreement and any variation or amendment to the same, by electronic instrument.
                                         The parties agree that the electronic signatures appearing on the document shall have
                                         the same effect as handwritten signatures and the use of an electronic signature on this
                                         Amendment Agreement shall have the same validity and legal effect as the use of a signature
                                         affixed by hand and is made with the intention of authenticating this Amendment Agreement,
                                         and evidencing the parties' intention to be bound by the terms and conditions contained
                                         herein. For the purposes of using an electronic signature, the parties authorise each
                                         other to the lawful processing of personal data of the signers for contract performance
                                         and their legitimate interests including contract management.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">As
                                         conditions for the agreement of the Finance Parties to amend the Credit Agreement as
                                         detailed in this Amendment Agreement, the Borrower shall deliver or cause to be delivered
                                         to or to the order of the Facility Agent all of the documents and other evidence listed
                                         in Schedule 3.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">All
                                         documents and evidence delivered to the Facility Agent pursuant to Clause 2.1 shall:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">be
                                         in form and substance acceptable to the Facility Agent; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">if
                                         required by the Facility Agent, be certified, notarised, legalised or attested in a manner
                                         acceptable to the Facility Agent.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Deferred
                                         Tranche</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Pursuant
                                         to the Principles, the Lenders have agreed, for each instalment of principal of the Advanced
                                         Loan due to be repaid by the Borrower between and, in each case, including:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         later of:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1
                                         April 2020; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Deferred Tranche Effective Date; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">31
                                         March 2021</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(the
 &quot;<B>Advanced Loan Deferral Period</B>&quot;), to make available to the Borrower a US dollar loan facility in the aggregate
amount of such repayment instalments falling due during the Advanced Loan Deferral Period (the &quot;<B>Deferred Tranche</B>&quot;).
The Deferred Tranche shall be applied in payment of such repayment instalments. The Borrower may draw an amount under the Deferred
Tranche equal to the amount of the repayment instalment due on each scheduled Repayment Date for the Advanced Loan falling during
the Advanced Loan Deferral Period. Through this arrangement the principal amount of the Advanced Loan will not be increased but
in addition to the repayment terms of, and the interest rate already applicable to, the Advanced Loan, the Credit Agreement shall
be amended in accordance with the terms and conditions set out in Clause 5 to reflect the repayment profile and interest terms
applicable to the Deferred Tranche.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Each
                                         drawing under the Deferred Tranche will occur automatically on each scheduled Repayment
                                         Date for the Advanced Loan occurring during the Advanced Loan Deferral Period and shall
                                         be a notional drawing only effected by means of a book entry to finance the repayment
                                         of the repayment instalment to which it relates.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Deferred Tranche will:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">accrue
                                         interest at the Floating Rate and shall be repayable in accordance with the repayment
                                         schedule set out in Schedule 4 to this Amendment Agreement; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">be
                                         made available to the Borrower on the terms and conditions of the Credit Agreement as
                                         amended pursuant to Clause 5 of this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Representations</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Each
                                         of the representations contained in article VI of the Credit Agreement (excluding those
                                         in section 6.10) shall be deemed repeated by the Borrower (by reference to the facts
                                         and circumstances then existing) at the date of this Amendment Agreement and at the Deferred
                                         Tranche Effective Date, by reference to the facts and circumstances then pertaining,
                                         as if references to the Loan Documents include this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amendments
                                         to Credit Agreement</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">With
                                         effect from the Deferred Tranche Effective Date the Credit Agreement shall be read and
                                         construed as if:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         further sentence is inserted at the end of Recital (B) as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Lenders have also (but without increasing the Maximum Loan Amount and the Commitment of each Lender) agreed to make available
to the Borrower, upon the terms and conditions contained herein, a US dollar loan facility in the amount equal to the aggregate
of the principal portion of the repayment installments of the Loan payable on the Repayment Dates (as defined below) falling during
the Advanced Loan Deferral Period (as defined below) (the &quot;<B>Deferred Tranche Maximum Loan Amount</B>&quot;);&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">further
                                         sentences are inserted at the end of Recital (C) as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;An
advance under the Deferred Tranche (as defined below) will be available for the purpose of paying the principal portion of the
repayment instalment due on each Repayment Date falling during the Advanced Loan Deferral Period. Each advance of the Deferred
Tranche will be automatic and notional only, effected by means of a book entry to finance the repayment installment then due;&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">references
                                         to &quot;this Agreement&quot; are references to the Credit Agreement as amended and supplemented
                                         by this Amendment Agreement;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.4</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">unless
                                         the context otherwise requires or unless otherwise stated, references to the &quot;Loan&quot;
                                         include the Deferred Tranche;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.5</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">references
                                         to the &quot;Commitment Termination Date&quot;, &quot;Final Disbursement Date&quot; and
                                         &quot;First Disbursement Date&quot; are to the date applicable to the relevant part of
                                         the Loan;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.6</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         following terms are inserted in section 1.1 (<I>Defined Terms</I>) in the correct places
                                         alphabetically as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Advanced
Loan Deferral Period</B>&quot; means the period between and, in each case, including (a) the later of (i) April 1, 2020 and (ii)
the Deferred Tranche Effective Date, and (b) March 31, 2021.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Amendment
Agreement Number Six</B>&quot; means the amendment agreement dated April &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2020
and made between the parties hereto pursuant to which this Agreement was amended.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Benchmark
Successor Rate</B>&quot; is defined in Section 11.16.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Benchmark
Successor Rate Conforming Changes</B>&quot; means, with respect to any proposed Benchmark Successor Rate, any conforming changes
to the definition of Screen Rate, interest period, timing and frequency of determining rates, making payments of interest, yield
protection provisions relating to the cost element of any Floating Rate Loan (including but not limited to any break costs relating
to any early repayment</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">or
prepayment of any Floating Rate Loan), fallback (and market disruption) provisions for that Benchmark Successor Rate and other
administrative matters as may be appropriate, in the discretion of the Facility Agent in consultation with the Borrower, to reflect
the adoption of such Benchmark Successor Rate and to permit the administration thereof by the Facility Agent in a manner substantially
consistent with market practice (or, if the Facility Agent determines that adoption of any portion of such market practice is
not administratively feasible or that no market practice for the administration of such Benchmark Successor Rate exists, in such
other manner of administration as the Facility Agent determines is reasonably necessary in connection with the administration
of this Agreement).&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Debt
Incurrence</B>&quot; means any incurrence of indebtedness for borrowed money by the Borrower, whether pursuant to a public offering
or a Rule 144A or other private placement of debt securities (including debt securities convertible into equity securities) or
an incurrence of loans under any loan or credit facility, or any issuance of bonds, other than (a) any indebtedness incurred by
the Borrower between April 1, 2020 and December 31, 2021 (or such later date as may, with the prior consent of Hermes, be agreed
between the Borrower and the Lenders) for the purpose of providing crisis and/or recovery-related funding, (b) indebtedness provided
by banks or other financial institutions under the Borrower's senior unsecured revolving credit facilities in an aggregate amount
not greater than the commitments thereunder as in effect on the Deferred Tranche Effective Date plus the amount of any existing
uncommitted incremental facilities (i.e. any unused accordion) on such facilities, (c) indebtedness owed by the Borrower or any
of its Subsidiaries to the Borrower or any of its Subsidiaries, (d) issuances of commercial paper incurred in the ordinary course
of business of the Borrower and its Subsidiaries, (e) Capitalized Lease Liabilities incurred in the ordinary course of business
of the Borrower and its Subsidiaries, (f) purchase money indebtedness incurred in the ordinary course of business of the Borrower
and its Subsidiaries, (g) indebtedness under overdraft facilities in the ordinary course of business, (h) obligations in connection
with repurchase agreements and/or securities lending arrangements and (i) vessel financings and amendments thereto (provided,
however, that a refinancing of a vessel financing shall not be included in the carve-out hereunder). There shall be a presumption
that any indebtedness incurred by the Borrower between April&nbsp;1, 2020 and December 31, 2021 shall be for the purpose of providing
crisis and/or recovery-related funding unless the intended use of proceeds from such indebtedness are specifically identified
to be used for an alternative purpose. In the event there is any question as to whether funding qualifies as &quot;crisis and/or
recovery-related&quot;, Hermes, the Facility Agent and the Borrower shall negotiate a resolution in good faith for a maximum period
of fifteen (15) Business Days.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferral
Period</B>&quot; means the period from and including April 1, 2020 to and including March 31, 2021.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferred
Tranche</B>&quot; means the aggregate of the advances made by the Lenders under this Agreement from time to time during the Advanced
Loan</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Deferral
Period in an aggregate amount not to exceed the Deferred Tranche Maximum Loan Amount or as the case may be the aggregate outstanding
amount of such advances from time to time.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferred
Tranche Effective Date</B>&quot; has the meaning ascribed to such term in Amendment Agreement Number Six.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferred
Tranche Maximum Loan Amount</B>&quot; is defined in the preamble.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Equity
Interests</B>&quot; means, with respect to any Person, all of the shares, interests, rights, participations or other equivalents
(however designated) of capital stock of (or other ownership or profit interests or units in) such Person and all of the warrants,
options or other rights for the purchase, acquisition or exchange from such Person of any of the foregoing (including through
convertible securities) but excluding any debt securities convertible into such Equity Interests.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Equity
Issuance</B>&quot; means any issuance of Equity Interests by the Borrower, whether pursuant to a public offering or a Rule 144A
or other private placement, other than (i) issuances pursuant to employee and/or director stock plans in the ordinary course and
consistent with past practice, (ii) employee and/or director compensation plans in the ordinary course and consistent with past
practice, and (iii) issuances between April 1, 2020 and December 31, 2021 (or such later date as may, with the prior consent of
Hermes, be agreed between the Borrower and the Lenders) for the purpose of providing crisis and recovery-related funding. There
shall be a presumption that equity issued by the Borrower between April 1, 2020 and December 31, 2021 shall be for the purpose
of providing crisis and recovery-related funding unless the intended use of proceeds from such issuance is specifically identified
to be used for an alternative purpose. In the event there is any question as to whether funding qualifies as &quot;crisis and/or
recovery-related&quot;, Hermes, the Facility Agent and the Borrower shall negotiate a resolution in good faith for a maximum period
of fifteen (15) Business Days.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Information
Package</B>&quot; means the general test scheme/information package in connection with the application for a debt holiday in the
form of Exhibit J hereto submitted or to be submitted (as the case may be) by the Borrower in order to obtain the benefit of the
measures provided for in the Principles for the purpose of this Agreement and certain of its obligations under this Agreement.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Principles</B>&quot;
means the document titled &quot;Cruise Debt Holiday Principles&quot; and dated March 26, 2020 in the form of Exhibit I hereto
which sets out certain key principles and parameters relating to, amongst other things, the temporary suspension of repayments
of principal in connection with certain qualifying Loan Agreements (as defined therein) and being applicable to Hermes-covered
loan agreements such as this Agreement.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Restricted
Payments</B>&quot; means any dividend or other distribution (whether in cash, securities or other property (other than Equity
Interests), with</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">respect
to any Equity Interests in the Borrower, or any payment (whether in cash, securities or other property (other than Equity Interests)),
including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or
termination of any such Equity Interests in the Borrower.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Scheduled
Unavailability Date</B>&quot; means, where the administrator of the Screen Rate or a governmental authority having jurisdiction
over the Facility Agent has made a public statement identifying a specific date after which the Screen Rate shall no longer be
made available, or used for determining the interest rate of loans, that specific date.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Screen
Rate</B>&quot; means the London interbank offered rate as administered by the ICE Benchmark Administration (or any other Person
that takes over the administration of such rate) for Dollars for a period equal in length to six (6) months (or for such other
period as shall be agreed by the Borrower and the Facility Agent) which appears on pages LIBOR01 or LIBOR02 of the Thomson Reuters
screen (or any replacement Thomson Reuters page which displays that rate).&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Screen
Rate Replacement Event</B>&quot; means:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">if
                                         the Facility Agent determines (which determination shall be conclusive absent manifest
                                         error), or the Borrower or Required Lenders notify the Facility Agent (with, in the case
                                         of the Required Lenders, a copy to the Borrower) that the Borrower or Required Lenders
                                         (as applicable) have determined, that:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 127.6pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">adequate
                                         and reasonable means do not exist for ascertaining the LIBO Rate for any requested interest
                                         period, including, without limitation, because the Screen Rate is not available or published
                                         on a current basis and such circumstances are unlikely to be temporary; or</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 127.6pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         Scheduled Unavailability Date has occurred; or</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 127.6pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(iii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">syndicated
                                         loans currently being executed, or that include language similar to that contained in
                                         this definition, are being executed or amended (as applicable) to incorporate or adopt
                                         a new benchmark interest rate to replace the LIBO Rate; or</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">in
                                         the opinion of the Facility Agent and the Borrower, that Screen Rate is no longer appropriate
                                         for the purposes of calculating interest under this Agreement, including, but not limited
                                         to, as a result of (A) a substantial change in the economic characteristics or method
                                         of calculation of the Screen Rate, (B) any withdrawal of the administrator's right to
                                         publish the Screen Rate or (C) any prohibition for financial institutions to use the
                                         Screen Rate.&quot;;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.7</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         following terms in section 1.1 (<I>Defined Terms</I>) are deleted in total and replaced
                                         with new terms as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Commitment
Termination Date</B>&quot; means January 11, 2016 in respect of the Loan other than the Deferred Tranche and March 31, 2021 in
respect of the Deferred Tranche.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Final
Maturity</B>&quot; means (a) twelve (12) years after the Final Disbursement Date in the case of the Loan (other than the Deferred
Tranche) and (b) three (3) years six (6) months from the first Repayment Date falling on or after April 1, 2021 in the case of
the Deferred Tranche.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>First
Disbursement Date</B>&quot; means the date on which the Loan (other than the Deferred Tranche) is advanced, or, if the Borrower
elects the Alternative Disbursement Option in accordance with Section 2.3(b), the date on which the first advance of the Loan
(other than the Deferred Tranche) is made or, in the case of the Deferred Tranche, the date on which the first advance of the
Deferred Tranche is made in accordance with Section&nbsp;2.3(a).&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Fixed
Rate Loan</B>&quot; means the Loan (other than the Deferred Tranche) bearing interest at the Fixed Rate, or that portion of the
Loan (other than the Deferred Tranche) that continues to bear interest at the Fixed Rate after the termination of any Interest
Make-Up Agreement pursuant to Section&nbsp;3.3.3.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>LIBO
Rate</B>&quot; means the Screen Rate at or about 11:00 a.m. (London time) two (2) Business Days before the commencement of the
relevant interest period; provided that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">subject
                                         to Section 3.3.6, if the Screen Rate is not available at the relevant time, the LIBO
                                         Rate shall be the rate per annum certified by the Facility Agent to be the average of
                                         the rates quoted by the Reference Banks as the rate at which each of the Reference Banks
                                         was (or would have been) offered deposits of Dollars by prime banks in the London interbank
                                         market in an amount approximately equal to the amount of the Loan and for a period of
                                         six months;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">for
                                         the purposes of determining the post-maturity rate of interest under Section 3.3.4, the
                                         LIBO Rate shall be determined by reference to deposits on an overnight or call basis
                                         or for such other period or periods as the Facility Agent may determine after consultation
                                         with the Lenders, which period shall be no longer than one month unless the Borrower
                                         otherwise agrees; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 85.05pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(c)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">for
                                         the purposes of determining the Floating Rate in respect of the Deferred Tranche, if
                                         the LIBO Rate determined in accordance with the foregoing provisions of this definition
                                         is less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.&quot;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Loan</B>&quot;
means the aggregate of the advances made by the Lenders under this Agreement from time to time in an aggregate amount not to exceed
the aggregate of the US Dollar Maximum Loan Amount (and including for this</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">purpose
the Deferred Tranche Maximum Loan Amount) or, as the case may be, the aggregate outstanding amount of such advances from time
to time.&quot;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Loan
Documents</B>&quot; means this Agreement, the Amendment Agreement, Amendment Deed Number Two, Amendment Agreement Number Three,
Amendment Agreement Number Four, Amendment Agreement Number Five, Amendment Agreement Number Six, the Pledge Agreement, the Syndication
Side Letter and the Fee Letters.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.8</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         2.2(a) (C<I>ommitments of the Lenders; Termination and Reduction of Commitments</I>)
                                         is deleted in total and replaced with a new section as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Each
Lender will make its portion of the relevant part of the Loan available to the Borrower in accordance with Section 2.3 (i) two
(2) Business Days prior to the delivery of the Purchased Vessel to the Borrower under the Construction Contract pursuant to Section
2.3(a), (ii) on the relevant Repayment Date falling during the Advanced Loan Deferral Period in the case of the Deferred Tranche,
or (iii) if the Borrower elects the Alternative Disbursement Option in accordance with Section 2.3(b), as set forth in Section
2.3(b). The commitment of each Lender described in this Section 2.2 (herein referred to as its &quot;Commitment&quot;) shall be
the commitment of such Lender to make available to the Borrower its portion of (y) the Loan (excluding for this purpose the Deferred
Tranche) and (z) the Deferred Tranche. The Commitment referred to in paragraph (y) above is hereunder expressed as the initial
amount set forth opposite such Lender's name on its signature page attached hereto. The Commitment referred to in paragraph (z)
above is hereunder expressed as that Lender's Percentage of the amount of the Deferred Tranche as at the Deferred Tranche Effective
Date being the initial percentage set forth opposite such Lender's name on its signature page attached hereto. If any Lender becomes
a Lender pursuant to an assignment pursuant to Section 11.11.1, its Commitment shall be the aggregate of (A) the amount set forth
as such Lender's Commitment in the related Lender Assignment Agreement and (B) its Percentage of the amount of the Deferred Tranche
as at the Deferred Tranche Effective Date calculated by reference to the Percentage set forth as such Lender's Commitment in the
related Lender Assignment Agreement. In each case such amount may be reduced from time to time pursuant to Section 2.2(b) or reduced
or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 11.11.1.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Notwithstanding
the foregoing, each Lender's Commitment shall terminate (a) in the case of the Loan (other than the Deferred Tranche), on the
earlier of (i) the Commitment Termination Date if the Purchased Vessel is not delivered prior to such date and (ii) the delivery
of the Purchased Vessel and (b) in the case of the Deferred Tranche, on the last Repayment Date falling during the Advanced Loan
Deferral Period.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.9</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         2.2(b) (<I>Commitments of the Lenders; Termination and Reduction of Commitments</I>)
                                         is deleted in total and replaced with a new section as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Borrower may, by notice to the Facility Agent, at any time (i) prior to the date that is not less than 61 days prior to the First
Disbursement Date in respect of the Loan (other than the Deferred Tranche portion of the Loan), without premium or penalty, terminate,
or from time to time reduce, the Commitments and (ii) prior to the date on which the Commitments have been terminated but less
than 61 days prior to the First Disbursement Date in respect of the Loan (other than the Deferred Tranche portion of the Loan),
and subject to Section 4.4, terminate, or from time to time reduce, the Commitments. Any such termination or reduction of the
Commitments shall be applied to the respective Commitments of the Lenders, pro rata according to the amounts of their respective
Commitments.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.10</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         2.3(a) (<I>Borrowing Procedure</I>) is deleted in total and replaced with a new section
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;In
the case of the Loan (other than in respect an advance under the Deferred Tranche) and unless the Borrower has elected the Alternative
Disbursement Option in accordance with Section 2.3(b), the Borrower shall deliver a Loan Request and the documents required to
be delivered pursuant to Section 5.1.1(a) to the Facility Agent on or before 11:00 a.m., London time, not less than two (2) Business
Days in advance of the date that is two (2) Business Days prior to the anticipated delivery date of the Purchased Vessel. The
aggregate amount of the Loan (excluding the Deferred Tranche) to be advanced shall not exceed the US Dollar Maximum Loan Amount.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Any
drawings under the Deferred Tranche shall be automatically advanced in the manner contemplated by Recital (C).&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.11</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sentence is inserted at the end of section 2.3(d) (<I>Borrowing Procedure</I>) as
                                         follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;This
Section 2.3(d) is not applicable to the Deferred Tranche.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.12</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         first sentence of section 3.3.1 (<I>Rates</I>) is deleted in total and replaced with
                                         new sentences as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Loan (other than the Deferred Tranche) shall accrue interest from the First Disbursement Date to the date of repayment or prepayment
of the Loan (other than the Deferred Tranche) in full to the Lenders at the Fixed Rate, subject to (i) any election made by the
Borrower to elect the Floating Rate pursuant to Section 3.3.2 or (ii) any conversion of any portion of the Loan (other than the
Deferred Tranche) held by a Lender to a Floating Rate Loan upon the termination of the Interest Make-Up Agreement to which such
Lender is a party in accordance with Section 3.3.3. The Deferred Tranche shall accrue interest from the first Repayment Date to
fall during the Advanced Loan Deferral Period (or, in the case of a further advance in respect of the Deferred Tranche after the
first advance and in respect of that further advance, from the relevant Repayment Date in respect of the Loan to which that further
advance of the Deferred Tranche relates) to the date of repayment or prepayment of the Deferred Tranche in full to the Lenders
at the Floating Rate. The first advance and the second advance in</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">respect
of the Deferred Tranche shall be consolidated at and run concurrently from the time of the making of the second advance and interest
on the advances in respect of the Deferred Tranche shall be payable on each Repayment Date.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.13</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sub-section to section 4.12 (<I>Use of Proceeds</I>) is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Deferred Tranche shall be used for the purpose set out in Recital (C) and accordingly Sections 4.12(a) and (b) shall not apply
to the proceeds of the Deferred Tranche.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.14</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         first paragraph of article VI (<I>Representations and Warranties</I>) is deleted in total
                                         and replaced with a new paragraph as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;To
induce the Lenders and the Facility Agent to enter into this Agreement and to make the Loan hereunder, the Borrower represents
and warrants to the Facility Agent and each Lender as set forth in this Article VI as of the</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective
Date, the First Disbursement Date and the date of each additional advance or deemed advance of any portion of the Loan (including
the Deferred Tranche) after the First Disbursement Date (except as otherwise stated).&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.15</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new Section 7.1.1(i) (<I>Financial Information, Reports, Notices, etc.</I>) is inserted
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
soon as available and in any event within respectively five (5), ten (10) and thirty (30) days after the end of each monthly,
bi-monthly and quarterly period starting on April 1, 2020, the information set out in section&nbsp;(F) of the Information Package
(in reasonable detail and with appropriate calculations and computations in all respects reasonably satisfactory to the Facility
Agent);&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.16</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sub-section 7.2.2(g) (<I>Indebtedness</I>) is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;g.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;crisis
and recovery-related Indebtedness (as contemplated by the Principles) provided such Indebtedness is incurred between April 1,
2020 and December 31, 2021 or such later date as may, with the prior consent of Hermes, be agreed by all Lenders.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.17</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sentence is inserted at the end of section 8.1.4 (<I>Default on Other Indebtedness</I>)
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;This
Section 8.1.4 is subject to the further proviso that any breach of financial covenants equivalent to those in Section 7.2.4 under
or in relation to any other Hermes-backed facility agreement to which the Borrower or Silversea Cruise Holdings Ltd. is a party
as borrower or guarantor shall not, during the Deferral Period, constitute an Event of Default under this Agreement provided that
no Prepayment Event has occurred under Section 9.1.13.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.18</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         9.1.5 (<I>Non-Performance of Certain Covenants and Obligations</I>) is deleted in total
                                         and replaced with a new section as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Borrower shall default in the due performance and observance of any of the covenants set forth in Sections 4.12 or 7.2.4; provided
that any default in respect of the due performance or observance of any of the covenants set forth in Section 7.2.4 during the
Deferral Period (as long as no Event of Default under Section 8.1.5 occurs and is continuing, or no Prepayment Event under Section
9.1.12 or Section 9.1.13 occurs during the Deferral Period) shall not constitute a Prepayment Event.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.19</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new section 9.1.12 is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Section
9.1.12. <B>Dividend or New Debt</B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower declares, pays or makes or agrees to pay or make, directly or indirectly, any Restricted Payment, except for (i) dividends
or other distributions with respect to its Equity Interests payable solely in additional shares of its Equity Interests or options
to purchase Equity Interests, (ii) Restricted Payments pursuant to and in accordance with stock option plans or other benefit
plans (including with respect to performance shares issued in the ordinary course of business) for present or former officers,
directors, consultants or employees of the Borrower in the ordinary course of business consistent with past practice and (iii)
the payment of cash in lieu of the issuance of fractional shares in connection with the exercise of warrants, options or other
securities convertible into or exercisable for Equity Interests of the Borrower;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower completes a Debt Incurrence;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower completes an Equity Issuance;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower makes any payment of any kind under any shareholder loan other than any payments made pursuant to that certain $2,200,000,000
Term Loan Agreement, dated as of March 23, 2020, among the Borrower and Morgan Stanley Senior Funding, Inc., JPMorgan Chase Bank,
N.A., BOFA Securities, Inc., BNP Paribas Securities Corp. and Goldman Sachs Bank USA, as joint lead arrangers and joint bookrunners
and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent,</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">or
in any case resolves to do so.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.20</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new section 9.1.13 is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Section
9.1.13. <B>Principles</B>. The Borrower shall default in the due performance and observance of the Principles and if capable of
remedy such default shall continue unremedied for a period of ten (10) days after notice thereof shall have been given to the
Borrower by the Facility Agent; provided that, if the default does not otherwise constitute a Default or a Prepayment Event under
another Section of this Agreement, as amended to date, the Borrower, the Facility Agent and Hermes shall negotiate a resolution
in good faith for a maximum period of fifteen (15) days after notice thereof shall have been given to the Borrower by the Facility
Agent.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 1 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.21</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         9.2 (<I>Mandatory Prepayment</I>) is deleted in total and replaced with a new section
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;If
any Prepayment Event shall occur and be continuing, the Facility Agent, upon the direction of the Required Lenders, shall by notice
to the Borrower (a) require the Borrower to prepay in full on the date of such notice all principal of and interest on the Loan
and all other Obligations or, in the case of a Prepayment Event under Section 9.1.10, all principal of and interest on the relevant
advance or, in the case of a Prepayment Event under Section 9.1.12 or Section 9.1.13, all principal of and interest on the Deferred
Tranche (and, in such event, the Borrower agrees to so pay the full unpaid amount of the Loan, the relevant advance or the Deferred
Tranche, as the case may be, and all accrued and unpaid interest thereon and all other Obligations in respect thereof), (b) except
in the case of a Prepayment Event under Sections 9.1.10, 9.1.12 or 9.1.13, terminate the Commitments (if not theretofore terminated)
and (c) immediately terminate the waiver of the occurrence of any Prepayment Event in respect of Section&nbsp;7.2.4 contained
in Section 9.1.5, such that any breach of Section&nbsp;7.2.4 in existence as at the date of the notice from the Facility Agent
referred to in paragraph (a) of this Section 9.2 or any breach occurring at any time after such notice shall constitute a Prepayment
Event with all attendant consequences.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.22</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new section 11.16 is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Section
11.16. <B>Modification and/or Discontinuation of Benchmarks</B>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a Screen Rate Replacement Event has occurred then, promptly thereafter, the Facility Agent and the Borrower will enter into negotiations
with a view to amend this Agreement to replace the LIBO Rate with an alternate benchmark rate (including any mathematical or other
adjustments to the benchmark (if any) incorporated therein), giving due consideration to any evolving or then existing convention
for similar US dollar denominated syndicated credit facilities for such alternative benchmarks where such negotiations will take
into account the then current market standards and will be conducted with a view to reducing or eliminating, to the extent reasonably
practicable, any transfer of economic value from one party to another party (any such proposed rate, a &quot;<B>Benchmark Successor
Rate</B>&quot;), together with any proposed Benchmark Successor Rate Conforming Changes and any such amendment shall become effective
at 5:00 p.m., New York City time, on the fifth Business Day after the Facility Agent shall have posted such proposed amendment
to all Lenders and the Borrower unless, prior to such time, the Required Lenders have delivered to the Facility Agent written
notice that such Lenders does not accept such amendment. Such Benchmark Successor Rate shall be applied in a manner consistent
with market practice; provided that to the extent such market practice is not administratively feasible for the Facility Agent,
such Benchmark Successor Rate shall be applied in a manner as otherwise reasonably determined by the Facility Agent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 15; Options: NewSection; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
no Benchmark Successor Rate has been determined and either (x) the circumstances set out in paragraph (a) of the definition of
 &quot;Screen Rate Replacement Event&quot; in Section 1.1 exist or (y) the Scheduled Unavailability Date has occurred, the Facility
Agent will promptly so notify the Borrower and each Lender. Thereafter, (i) the obligation of the Lenders to make or maintain
the Loan shall be suspended and (ii) the Screen Rate shall no longer be utilized in determining the LIBO Rate. Upon receipt of
such notice, the Borrower may revoke any pending Loan Request.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Until
such time as a Benchmark Successor Rate and Benchmark Successor Rate Conforming Changes have been determined and agreed and without
prejudice to the obligation of the parties to enter into negotiations with a view to determining or agreeing a Benchmark Successor
Rate pursuant to paragraph (a) above, for any interest period starting after the Screen Rate Replacement Event, the LIBO Rate
shall be replaced by the weighted average of the rates notified to the Facility Agent by each Lender five (5) Business Days prior
to the first day of that interest period, to be that which expresses as a percentage rate per annum the cost the relevant Lender
would have of funding an amount equal to its participation in the Loan during the relevant interest period from whatever source
it may reasonably select. If such amount is less than zero, it shall be deemed to be zero.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything else herein, any definition of Benchmark Successor Rate shall provide that in no event shall such Benchmark Successor
Rate be less than zero for purposes of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
3.3.6 shall not apply following the occurrence of a Screen Rate Replacement Event.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Where
paragraph (a) above applies, the Borrower shall, within three (3) Business Days of demand, reimburse the Facility Agent for the
amount of all costs and expenses (including legal fees) reasonably incurred by the Facility Agent in responding to, evaluating,
negotiating or complying with the requirements set out in that paragraph.&quot;;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.23</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Exhibit
                                         A (<I>Preliminary Repayment Schedule</I>) is deleted in total and replaced with a new
                                         Exhibit A as set out in Schedule 4 to this Amendment Agreement;</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.24</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Principles are attached as a new Exhibit I; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.25</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Information Package as set out in Schedule 5 to this Amendment Agreement is attached
                                         as a new Exhibit J.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">All
                                         other terms and conditions of the Credit Agreement shall remain unaltered and in full
                                         force and effect.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fees,
                                         Costs and Expenses</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower shall pay to the Facility Agent and each Lender a handling fee in the amount
                                         and at the time agreed in Fee Letters.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower agrees to pay on demand all reasonable out-of-pocket costs and expenses of:</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.2.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Facility Agent in connection with the preparation, execution, delivery and administration,
                                         modification and amendment of this Amendment Agreement and the other documents to be
                                         delivered hereunder; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.2.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         CIRR Representative and any Lender in connection with the preparation, execution, delivery
                                         and administration, modification and amendment of any Interest Make-Up Agreement and
                                         any security or other documents executed or to be executed and delivered as a consequence
                                         of the parties entering into this Amendment Agreement and any other documents to be delivered
                                         under this Amendment Agreement,</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(including
the reasonable fees and out-of-pocket expenses of counsel to the Facility Agent and the CIRR Representative with respect to this
Amendment Agreement and those other documents as agreed with the Facility Agent and the CIRR Representative) in accordance with
the terms of section 11.3 of the Credit Agreement and as if references in that section to the Facility Agent are references to
the Facility Agent and the CIRR Representative.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower agrees to pay on demand any additional imputed or calculative funding cost on
                                         the Deferred Tranche incurred by a Lender or the CIRR Representative as a consequence
                                         of the parties entering into this Amendment Agreement which shall not exceed the difference
                                         between the interest payable on the Loan (other than the Deferred Tranche) in accordance
                                         with the Credit Agreement and the interest payable on the Deferred Tranche at the Floating
                                         Rate. The Facility Agent shall furnish to the Borrower a determination of such a funding
                                         cost reflecting the respective determinations which the Facility Agent has received from
                                         the CIRR Representative and each of the Lenders, which determination will then be applicable
                                         to all Lenders. None of the Facility Agent, a Lender or the CIRR Representative is required
                                         to provide to the Facility Agent (if applicable) or the Borrower evidence of how the
                                         determination of the funding cost has been made nor that it has been suffered.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Notices,
                                         Counterparts, Third Party Rights, Governing Law, Jurisdiction and Process Agent</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
provisions of sections 11.2 (<I>Notices</I>), 11.8 (<I>Execution in Counterparts</I>), 11.9 (<I>Third Party Rights</I>), 11.14.1
(<I>Governing Law</I>), 11.14.2 (<I>Jurisdiction</I>) and 11.14.3 (<I>Alternative Jurisdiction</I>) and 11.14.4 (<I>Service of
Process</I>) of the Credit Agreement shall apply to this Amendment Agreement as if they are set out in full and as if (a) references
to each Party are references to each party to this Amendment Agreement and (b) references to the Credit Agreement include this
Amendment Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
1<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
Finance Parties</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Facility
Agent</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">KfW
IPEX-Bank GmbH</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Palmengartenstrasse
7-9</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">60325
Frankfurt am Main</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Germany</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Hermes
Agent</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">KfW
IPEX-Bank GmbH</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Palmengartenstrasse
7-9</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">60325
Frankfurt am Main</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Germany</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Initial
Mandated Lead Arranger and Lender </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">KfW
IPEX-Bank GmbH</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Mandated
Lead Arranger and Lender</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">BNP
Paribas Fortis S.A./N.V.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">DNB
Bank ASA</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Skandinaviska
Enskilda Banken AB (publ)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Banco
Santander, S.A.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Lender</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Citibank
Europe Plc</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
2<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective
Date Confirmation</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">To:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Royal
Caribbean Cruises Ltd.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">To:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>KfW</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&quot;ANTHEM
OF THE SEAS&quot; (ex-hull no S-698)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">We,
<B>KfW IPEX-Bank GmbH</B>, refer to the sixth amendment agreement dated &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;April
2020 (the &quot;<B>Amendment Agreement</B>&quot;) relating to a credit agreement dated as of 8 June 2011 (as previously amended,
supplemented and/or restated from time to time) (the &quot;<B>Credit Agreement</B>&quot;) made between (among others) the above
named <B>Royal Caribbean Cruises Ltd.</B> as the Borrower, the financial institutions listed in it as the Lenders and ourselves
as the Hermes Agent and the Facility Agent in respect of a loan to the Borrower from the Lenders of up to the Maximum Loan Amount
(as defined in the Credit Agreement).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">We
hereby confirm that all conditions precedent referred to in Clause 2.1 of the Amendment Agreement have been satisfied. In accordance
with Clauses 1.1 and 5 of the Amendment Agreement the Deferred Tranche Effective Date is the date of this confirmation and the
amendments to the Credit Agreement are now effective.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Dated
 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;April 2020</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Signed:___________________________________</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">For
and on behalf of</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
IPEX-Bank GmbH</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(as
Facility Agent)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
3<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions
Precedent</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>1</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Borrower</B></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">A
                                         certificate of its Secretary or Assistant Secretary as to the incumbency and signatures
                                         of those of its officers authorised to act with respect to this Amendment Agreement and
                                         as to the truth and completeness of the attached resolutions of its Board of Directors
                                         then in full force and effect authorising the execution, delivery and performance of
                                         this Amendment Agreement, and upon which certificate the Lenders may conclusively rely
                                         until the Facility Agent shall have received a further certificate of the Secretary or
                                         Assistant Secretary of the Borrower cancelling or amending such prior certificate; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         Certificate of Good Standing issued by the relevant Liberian authorities in respect of
                                         the Borrower.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>2</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Legal
                                         opinions</B></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
Facility Agent shall have received opinions, addressed to the Facility Agent and each Lender from:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Watson
                                         Farley &amp; Williams LLP, counsel to the Borrower, as to Liberian law; and</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stephenson
                                         Harwood LLP, counsel to the Facility Agent,</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">or,
where applicable, a written approval in principle (which can be given by email) by any of the above counsel of the arrangements
contemplated by this Amendment Agreement and a confirmation that a formal legal opinion will follow promptly after the Deferred
Tranche Effective Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Principles</B></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Principles
                                         </B>Final approval of the Principles by Hermes (including deferral of the instalments
                                         of principal of the Advanced Loan due to be repaid during the Advanced Loan Deferral
                                         Period).</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Information
                                         Package</B> Evidence to the satisfaction of Hermes that the Borrower has sufficient crisis-related
                                         liquidity measures in place to be able to utilise the Deferred Tranche in accordance
                                         with the Credit Agreement as amended by this Amendment Agreement as set out in the completed
                                         Information Package (the form of which is set out in Schedule 5) submitted to Hermes.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Hermes
                                         Insurance Policy</B> Evidence to the satisfaction of each Lender that the Deferred Tranche
                                         is covered under the Hermes Insurance Policy.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>4</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Other
                                         documents and evidence</B></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Process
                                         agent</B> Evidence that any process agent appointed pursuant to Clause 7 has accepted
                                         its appointment.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4.2</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Fees,
                                         costs and expenses</B> The Fee Letter(s) and evidence that any documented costs and expenses
                                         due from the Borrower under Clause 6 of this Amendment Agreement have been paid or will
                                         be paid promptly on being demanded.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>5</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>CIRR
                                         requirements</B></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 42.55pt"></TD><TD STYLE="width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         CIRR Representative has confirmed to the Facility Agent that all relevant Lenders have
                                         signed respective amendments to their Option A Refinancing Agreements.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 2 -->
<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
4<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
Schedule</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Exhibit
A</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 80%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Repayment
    Schedule &ndash; Loan (other than Deferred Tranche) -<BR>
    &nbsp;&nbsp;Payments 10 and 11 fall in the Deferral Period</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">US
    Dollars ($)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; width: 13%; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No.<BR>
 &nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; width: 44%; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
    Dates</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; width: 43%; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Balance</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">0</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$742,101,104.98</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2015</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$711,180,225.60</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2016</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$680,259,346.22</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2016</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$649,338,466.84</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2017</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$618,417,587.46</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2017</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$587,496,708.08</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2018</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$556,575,828.70</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2018</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$525,654,949.32</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2019</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$494,734,069.94</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2019</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$463,813,190.56</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2020</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$432,892,311.18</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">11</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2020</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$401,971,431.80</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$371,050,552.42</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$340,129,673.04</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$309,208,793.66</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$278,287,914.28</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$247,367,034.90</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">17</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$216,446,155.52</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$185,525,276.14</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">19</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$154,604,396.76</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$123,683,517.38</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">21</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$92,762,638.00</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">22</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2026</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$61,841,758.62</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">23</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2026</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$30,920,879.24</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">24</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2027</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-left: 5.4pt; white-space: nowrap; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$0.00</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 22; Options: NewSection; Value: 20 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="width: 80%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Repayment
    Schedule &ndash; Deferred Tranche</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">US
    Dollars ($)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; width: 13%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No.<BR>
 &nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 44%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
    Dates</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 43%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Balance</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">0</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$61,841,758.76</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2021</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$54,111,538.91</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2021</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$46,381,319.06</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$38,651,099.21</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2022</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$30,920,879.36</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2023</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$23,190,659.51</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2023</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$15,460,439.66</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Apr-2024</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$7,730,219.81</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8-Oct-2024</FONT></TD>
    <TD STYLE="white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$0.00</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
5<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Form
of Information Package</FONT></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>General
test scheme / information package in connection with the Debt Holiday application</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>General:
</B>The completion of section A)-E) is required in connection with the initial Debt Holiday application. Section F) lists the
monitoring requirements within the 12 month Debt Holiday period</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>A)
Description of the current situation of the cruise line company (descriptive)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>[Content:
status of the fleet, impact of the corona crises on the operation, overview of booking status 2020 and 2021 (ticket price level
and occupancy in comparison to 2019 at the same time; current customer reaction (cancelation activities, new bookings, shift of
bookings, repayment of customer deposits.] </I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>B)
Overview of core financial figures: </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; width: 31%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; width: 23%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Actual
    FY 2019</B></FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; width: 23%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Estimate
    1Q2020</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; width: 23%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Debt
    Holiday Period 04/2020-03/2021</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    revenues:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; vertical-align: top; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD ROWSPAN="11" STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-----</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net
    cruise revenues:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">EBITDA:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net
    income:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">EPS
    <I>(if applicable):</I></FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net
    income margin:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    equity:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    assets:</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    liquidity (cash):</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    interest payments</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    OPEX</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    CAPEX </FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Principles
    (Hermes covered loans)</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Principles
    (all ECA covered loans)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>C)
Core Checklist&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>Notes:&nbsp;</I></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>It
is not required that a company uses all measures listed below. / Further measures can be added.</I></FONT></TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>There
is not a certain ratio (4<SUP>th</SUP> column) which has to be reached to enable the company to qualify for the Debt Holiday Initiative.</I></FONT></TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>Please
mark those positions with the note &ldquo;Estimate&rdquo; in the 2<SUP>nd</SUP> column in case the exact information is not available
yet.</I></FONT></TD>
</TR>
<TR STYLE="vertical-align: top; text-align: justify">
<TD></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>Finalized
measure:</I></FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: -0.25in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: -0.25in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">o</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>With
                                         regard to C2) &ndash; The measure has been irrevocable fixed/secured. / Binding Agreement
                                         is in place. </I></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">o</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>With
                                         regard to C3) &ndash; The process to introduce this cost cutting measure has already
                                         been firmly started. The liquidity effect is highly likely.</I></FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>No.</B></FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 36%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Criteria</B></FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 13%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Amount</B></FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 23%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Ratio
    compared to 2019</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; width: 26%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Note</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="5" STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>1)
        Liquidity Position (latest date available)</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1a</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Liquidity
    position &ndash; free cash </FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1b</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Liquidity
    position &ndash; free undrawn RCF or Corporate Term Loan</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">RCF
    and Corporate Term Loan to be described separately (amount, currency, maturity, repayment profile)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1c</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>TOTAL
    free liquidity position</B></FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    provide in addition the information about the amount of restricted cash.</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="5" STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>2)
        Measures implemented to increase the liquidity position (since the 1st January 2020)</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2a</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Draw
    down on existing RCF facilities</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of total RCF volume</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Drawn
    between the 1.1.2020 and application.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2b</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finalized
    additional RCF or Corporate Term Loans / fixed since 1<SUP>st</SUP> January 2020 </FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        increase of RCF/TL volume</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">RCF
    and Corporate Term Loan to be described separately (amount, currency, maturity, repayment profile)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2c</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Planned
    new RCF or Corporate Term Loans (or other debt)</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        increase of RCF /TL volume</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">RCF
    and Corporate Term Loan to be described separately (amount, currency, maturity, repayment profile) / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2d</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finalized
    capital increase, shareholder loans or mezzanine / fixed since 1<SUP>st</SUP> January 2020</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total assets</FONT></P></TD>
    <TD STYLE="border: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately&nbsp;&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; width: 2%; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2e</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; width: 36%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Planned
    capital increase, shareholder loans or mezzanine </FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; width: 13%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; width: 23%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; width: 26%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2f</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finalized
    other measures or other debt (e.g. Factoring a.o.) / fixed since 1<SUP>st</SUP> January 2020</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2g</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Planned
    other measures or other debt (e.g. Factoring a.o.)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2h</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Already
    secured TOTAL increase of the liquidity position in 2020 (only finalized measures)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Potential
    TOTAL increase of the liquidity positions in 2020 (finalized + planned measures)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="5" STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3)
        Cost cutting measures implemented to reduce the outflow of liquidity (since the 1st January 2020)</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3a</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reduction
        of OPEX</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(finalized
        / binding start of implementation done)</FONT></P></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.m.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally planned OPEX</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3b</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of OPEX (further potential)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.m.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally planned OPEX</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3c</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of CAPEX (not ship building contract related / finalized / binding start of implementation done)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total CAPEX which are due in 2020</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3d</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of CAPEX (not ship building contract related / further potential)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total CAPEX which are due in 2020</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3e</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of replacement investments (finalized /binding start of implementation done)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total replacement investments which are due in 2020</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Replacements
    of goods in the hotel operation (e.g. cutlery) / Please list separately</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3f
    </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of replacement investments (further potential)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total replacement investments which are due in 2020</FONT></P></TD>
    <TD STYLE="border: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Replacements
    of goods in the hotel operation (e.g. cutlery)&nbsp;&nbsp;/ Please list separately / Likeliness of finalization </FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; width: 2%; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3g</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; width: 36%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Dividend
    cuts (total potential effect within 2020)</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; width: 13%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; width: 23%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally planed dividends</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; width: 26%; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    describe which dividends have been announced to be cut so far. </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3h</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Pay
    cuts (total amount per month) (finalized)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.m.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally plant payroll</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    describe separately</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3i</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Already
    secured TOTAL cost cuttings within 2020 (only finalized measures)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Potential
        TOTAL cost cuttings within 2020 (finalized + potential measures)</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="5" STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>4)
        Further figures</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4a</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Average
    cash burn rate (per month within the shut down period / assuming all D3 measures are effective / fixed costs + necessary variable
    costs + interests + average CAPEX)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4b</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Amount
    of CAPEX 2020 which can not be postponed</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4c</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Percentage
    of the net cruise revenues of the FY 2019 which would have been required to enable a cash neutral operation in 2019 (based
    on an annual average + based on the cost structure of 2019 including CAPEX and including principles). </FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Indicator
    for the ramp up period</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4d</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Percentage
    of the net cruise revenues of the FY 2019 which would have been required to enable a cash neutral operation in 2019 (based
    on an annual average + based on the cost structure of 2019 excluding CAPEX and excluding principles).</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Indicator
    for the ramp up period</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4e</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; width: 36%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">What
    layup costs do you expect on average per vessel (per month)?</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; width: 23%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; width: 26%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Assumed:
        hot lay-up</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Including
cost positions: crew, food, port</FONT></P></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 27; Options: NewSection; Value: 25 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; border-bottom: Black 1pt dashed; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; border-bottom: Black 1pt dashed; width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; border-bottom: Black 1pt dashed; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; border-top: Black 1pt dashed; border-bottom: Black 1pt dashed; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border: Black 1pt dashed; width: 26%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">charges,
                                         fuel, hotel consumption</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
        many crew members will remain on average on board?</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>D)
Preliminary liquidity estimation of the cruise line (including shut down period and ramp up phase): </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="border-top: Black 1pt dashed; width: 22%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Case</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; width: 20%; padding-right: 5.4pt; padding-left: 0.5in; text-indent: -0.25in; text-align: left; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>1)&nbsp;&nbsp;&nbsp;
    Company&rsquo;s Case</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; width: 28%; padding-right: 5.4pt; padding-left: 0.5in; text-indent: -0.25in; text-align: left; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>2)&nbsp;&nbsp;&nbsp;
    Break-even Case A</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; width: 30%; padding-right: 5.4pt; padding-left: 0.5in; text-indent: -0.25in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>3)&nbsp;&nbsp;&nbsp;
    Break-even Case B</B></FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Description</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Company&rsquo;s
    most likely case</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Breakeven
    case only taking the finalized measures from section C2 and C3 into account. (excl. Debt Holiday) *</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Breakeven
    case taking all finalized and planned measures from section C2 and C3 into account. (incl. Debt Holiday) *</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Complete
    shut down period (end date)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><I>[e.g.
    End of June 2020] </I></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><I>[e.g.
    End of July 2020] </I></FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><I>[e.g.
    End of October 2020] </I></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Which
    of the <B>planned / potential liquidity and cost cutting measures</B> of section C2 and C3 have be considered? (Please state
    the number or describe if necessary)</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><I>[e.g.
    2c, 3b]</I></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">None</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><I>[e.g.
    2c, 2g, 3b]</I></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Minimum
    Liquidity Position:</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">USD
    / EUR 0</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">USD
    / EUR 0</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">How
    much liquidity will be required over time in each case? </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="border: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">*
Notes:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol"></FONT><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;
Case 1) - How long will be the shut down period last from the company&rsquo;s point of view?</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Symbol">&middot;</FONT>&nbsp;&nbsp;&nbsp;
Case 2) &ndash; It shows the maximum duration of the shut down period which the company can survive, based on all already secured
liquidity and cost cutting measured.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;
Case 3) &ndash; It shows the maximum duration of the shut down period which the company can survive, based on the assumption that
all liquidity and cost cutting measures are realized which are most realistic from the companies point of view. Not all potential
measures need to be included, only those which are most realistic from the companies point of view.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Symbol">&middot;</FONT>&nbsp;&nbsp;&nbsp;
It shall be assumed in all 3 cases that no new customer bookings will be done during the duration of the shut down period.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;
The Financial Covenant &ldquo;Minimum Liquidity&rdquo; shall not be taken into account.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"></P>

<!-- Field: Page; Sequence: 28; Options: NewSection; Value: 26 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 18.2pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">At
this point in time a full liquidity model on which the table D) was based does not have to be provided. But it shall be available
within the following 12 months in case questions arise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Please
provide the description of assumptions. It shall include but not limited to the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 57pt; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Symbol"></FONT>&nbsp;&nbsp;&nbsp;
Start liquidity position / start date of calculation</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 57pt; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Symbol"></FONT>&nbsp;&nbsp;&nbsp;
Assumptions for canceled cruises and the percentage of outflow of customer deposits</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 57pt; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Symbol"></FONT>&nbsp;&nbsp;&nbsp;
Assumptions on new bookings after the shut down period / What kind of vouchers will be offered? </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 57pt; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol"></FONT><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;
Dividend, CAPEX and average monthly OPEX assumption </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 57pt; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;
For Case 1) the following details shall be provided as well: Total Revenue, Net Cruise Revenue, EBITDA, EBIT, Net Profit, Interest
Expenses, Equity, Interest Bearing Debt, Total Assets</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>E)
Further questions</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">What
                                         support does the company expect from the local government?</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
                                         much can the operation in the offices and on board be reduced?</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
                                         flexible is the company to restart its operation?</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>F)
Debt Holiday Regular Reporting Requirements - Monitoring within the 12 month Debt Holiday (starting point: approval)</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="border-top: Black 1pt dashed; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>No.</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Rhythm</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; width: 87%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Description</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Reporting
        of the liquidity position</B> (C1a-c) and current developments in respect to the measures C2 and C3 above.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
        case the Net Liquidity Position does decease to 6x the average cash burn rate (C4a) the ECA can decide on its own discretion
        whether a shorter reporting rhythm shall be implemented (e.g. weekly).</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Def.
        &ldquo;Net Liquidity Position&rdquo; shall be the total free liquidity position (C1c) minus all planned debt repayments
        (bank loan, commercial papers, bonds) which are due within the following 6 months.</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Booking
    Curve</B> (average ticket price and occupancy including a comparison of both parameters at the same point in time in 2019)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Status
    of the fleet</B>: Active vessels (+ occupancy level) / Vessels in layup</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; border-left: Black 1pt dashed"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Confirmation
    </B>that <B>no dividends</B> have been <B>declared</B> / paid within the current month.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">bi-monthly</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-right: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Other
        Creditors and Debtors:</B> What is the company asking from the other creditors (e.g. Bondholder, LeaseCos, FactorCos etc.)
        and what is their response? Do the respective documentation include cross default clauses?</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
        do the debtors (like credit card companies) currently act? Do they withhold due payments?</FONT></P></TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">6.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">bi-monthly</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-right: Black 1pt dashed; border-left: Black 1pt dashed; width: 87%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Liquidity
        Forecast</B> of the following 12 months (based on secured liquidity and cost cutting measures and secured customer bookings)</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
case the Net Liquidity Position does decease to 6x the average cash burn rate (C4a) the ECA can decide on own discretion</FONT></P></TD></TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">whether
    a shorter reporting rhythm shall be implemented.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 3%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">bi-monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; width: 87%"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Status
        of signed building contracts</B></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Background
        - Extract from the preamble of the debt holiday terms and conditions: The intention of the Debt Holiday Initiative is
        to provide an interim relief to the Companies in their debt service obligations under existing financings. It is the firm
        understanding of the Lenders together with the respective ECAs that Companies taking advantage of the relief shall use
        its best endeavors fulfilling their contractual obligations under their existing shipbuilding contracts with the yard,
        i.e. do not unreasonably, unduly, and without consultation delay instalments and scheduled vessel deliveries and work
        reasonably together with the yards to resolve any crisis-related construction delays. For the avoidance of doubt, all
        measures to maintain a sufficient liquidity position of the Company during recovery will be considered reasonably by ECA.</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
        the light of this intention the ECA shall be updated about the company`s current plans to amendment any building contract
        or about any upcoming negotiations with the national yard.</FONT></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.</FONT></TD>
    <TD STYLE="border-top: Black 1pt dashed; border-left: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">quarterly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Unaudited
    financial statements</B> or management accounts (incl. P&amp;L (incl. EBITDA), balance sheet and cash flow statement)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dashed; border-left: Black 1pt dashed; border-top: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">quarterly</FONT></TD>
    <TD STYLE="border: Black 1pt dashed; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Despite
    the suspension of the official tests of the financial covenants the company shall provide the <B>calculation of the covenants</B>.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Herewith
the company confirms that the information above is true and accurate in all respects and based on the most recent &nbsp;information
available to the company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 20%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-----------------------</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 80%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">---------------------------------------------------</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(Date)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 0.75in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(Signature)</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 4 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
parties to this Amendment Agreement have signed this Amendment Agreement the day and year first before written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; width: 48%; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed
    </B>by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; width: 2%; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt; width: 50%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Royal Caribbean
    Cruises Ltd.</B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as Borrower)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ LUCY SHTENKO</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.625in; text-align: justify; padding-bottom: 1.5pt">LUCY SHTENKO</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.625in; text-align: justify; padding-bottom: 1.5pt">ATTORNEY-IN-FACT</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>KfW IPEX-Bank
    GmbH</B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as Lender and Initial
    Mandated</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Lead Arranger)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ MICHAEL BURGESS</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt">MICHAEL BURGESS</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt">ATTORNEY-IN-FACT</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>BNP Paribas Fortis
    S.A./N.V.</B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ VERONIQUE DE SCHEPPER</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as Lender and Mandated
    Lead Arranger)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Veronique de Schepper</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Head of Middle Office</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Financing Solutions
    Brussels</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ THI KAREN CHU
    VAN</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Thi Karen Chu Van</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Business Management</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Financing Solutions
    Brussels</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>DNB Bank ASA</B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as Lender and Mandated
    Lead Arranger)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ MICHAEL VOLKS</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt">MICHAEL VOLKS</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: justify; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.625in; text-align: left; padding-bottom: 1.5pt">ATTORNEY-IN-FACT</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><B>Skandinaviska Enskilda
    </B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif"><B>Banken AB (publ)</B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">(as Lender and Mandated
    Lead Arranger)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">/s/ MICHELLE WING YEE
    TSUI</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">MICHELLE WING YEE TSUI</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">ATTORNEY-IN-FACT</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    </TR>
</TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 31; Options: NewSection; Value: 28 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Split-Segment; Name: 5 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0.5in; text-indent: 0in; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; width: 48%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; width: 2%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; width: 50%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Banco Santander,
    S.A.</B></FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ ANTONIA TEKKI</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as Lender and Mandated
    Lead Arranger)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Antonia Tekki</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ JUAN CARLOS GARCIA
    ROSAS</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Juan Carlos Garcia Rosas</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Citibank Europe Plc
    </B>(as Lender)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ ALEX C. TAYLOR</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Alex C. Taylor</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Managing Director</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>KfW IPEX-Bank GmbH
    </B>(as Hermes Agent)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ MICHAEL BURGESS</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">MICHAEL BURGESS</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">ATTORNEY-IN-FACT</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed</B> by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>KfW IPEX-Bank GmbH
    </B>(as Facility Agent)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting by</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ MICHAEL BURGESS</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">MICHAEL BURGESS</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its duly authorised</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 0.625in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt">ATTORNEY-IN-FACT</TD>
    <TD STYLE="padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    </TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 32; Options: NewSection Last; Value: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 6pt">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></FONT></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>tm2015547d1_ex10-2.htm
<DESCRIPTION>EXHIBIT 10.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="margin: 0; font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Exhibit
10.2</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Third
Amendment Agreement to a Credit Agreement dated as of 13 November 2015 (as amended and restated from time to time)<BR>
 &ldquo;SPECTRUM OF THE SEAS&rdquo; &ndash; ex hull no S-700</B></FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Dated
8 April 2020</B></FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(1)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Royal Caribbean
    Cruises Ltd.<BR> (as the Borrower)</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(2)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>The Lenders
    party to the Credit Agreement<BR> (as the Lenders)</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(3)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW IPEX-Bank
    GmbH<BR> (as Hermes Agent and Facility Agent)</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(4)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW IPEX-Bank
    GmbH<BR> (as Initial Mandated Lead Arranger)</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>(5)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>The Mandated
    Lead Arrangers party to the Credit Agreement<BR>
    (as Mandated Lead Arrangers)</B></FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Contents</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Page</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Interpretation</FONT></TD>
                                <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; width: 5%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
                                <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Deferred
                                         Tranche</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Representations</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amendments
                                         to Credit Agreement</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fees,
                                         Costs and Expenses</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Notices,
                                         Counterparts, Third Party Rights, Governing Law, Jurisdiction and Process Agent</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">15</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
          <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
    1</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
    Finance Parties</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
    2</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective
    Date Confirmation</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">17</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
    3</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions
    Precedent</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
    4</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
    Schedule</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
    5</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Form
    of Information Package</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: right; padding-left: 10pt; text-indent: -10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">22</FONT></TD></TR>
</TABLE>

<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>





<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Amendment
Agreement</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Dated
8 April 2020</B></FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Between:</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Royal
                                         Caribbean Cruises Ltd.</B>, a corporation incorporated according to the law of the Republic
                                         of Liberia with registered office at 80 Broad Street, Monrovia, Republic of Liberia (the
                                         &quot;<B>Borrower</B>&quot;); and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         financial institutions identified as Lenders in Schedule 1 (together the &quot;<B>Lenders</B>&quot;
                                         and each a &quot;<B>Lender</B>&quot;); and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH</B>, acting as Hermes agent through its office at the address indicated
                                         against its name in Schedule 1 (in that capacity the &quot;<B>Hermes Agent</B>&quot;);
                                         and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH</B>, acting as facility agent through its office at the address indicated
                                         against its name in Schedule 1 (in that capacity the &quot;<B>Facility Agent</B>&quot;);
                                         and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
                                         IPEX-Bank GmbH</B>, acting as initial mandated lead arranger (in that capacity the &quot;<B>Initial
                                         Mandated Lead Arranger</B>&quot;); and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         financial institutions identified as Mandated Lead Arrangers in Schedule 1 (together
                                         the &quot;<B>Mandated Lead Arrangers</B>&quot; and each a &quot;<B>Mandated Lead Arranger</B>&quot;),</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>amending
</B>a credit agreement dated as of 13 November 2015 as amended and restated on 7 September 2016 and as further amended and restated
on 3 July 2018 (the &quot;<B>Credit Agreement</B>&quot;) made between the Borrower, the Lenders, the Hermes Agent, the Facility
Agent, the Initial Mandated Lead Arranger and the Mandated Lead Arrangers on the terms and subject to the conditions of which
each of the Lenders agreed to advance (and have advanced) to the Borrower its respective Commitment of an aggregate amount not
exceeding the Maximum Loan Amount (the &quot;<B>Advanced Loan</B>&quot;).</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Whereas:</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(A)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         &quot;Cruise Debt Holiday Principles&quot; dated 26 March 2020 (the &quot;<B>Principles</B>&quot;)
                                         which have been coordinated with Hermes set out certain key principles and parameters
                                         relating to, amongst other things, the temporary suspension of principal repayments in
                                         connection with certain qualifying loan agreements of which the Credit Agreement is one.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(B)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower has, by a consent request letter dated 31 March 2020 relating to the Principles,
                                         requested that the Facility Agent on behalf of the Finance Parties amend the Credit Agreement
                                         as detailed in this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.65in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(C)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Lenders have agreed to make available to the Borrower a US dollar loan facility up to
                                         the amount of the Deferred Tranche Maximum Loan Amount (as defined in Clause 5.1.1) for
                                         the purpose of paying the repayment instalments payable on the Repayment Dates falling
                                         during the Advanced Loan Deferral Period (as defined in Clause 3) upon the terms and
                                         conditions contained in this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">For
good and valuable consideration, the mutual sufficiency of which the parties hereby agree, <B>it is agreed that</B>:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Interpretation</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
                                         this Amendment Agreement:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;<B>Deferred
Tranche Effective Date</B>&quot; means the date on which the Facility Agent confirms to the Borrower in writing substantially
in the form set out in Schedule 2 that all of the conditions referred to in Clause 2.1 have been satisfied, which confirmation
the Facility Agent shall be under no obligation to give if a Default or a Prepayment Event shall have occurred for which relief
is not provided pursuant to the Principles and this Amendment Agreement.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;<B>Finance
Parties</B>&quot; means the Lenders, the Hermes Agent, the Facility Agent, the Initial Mandated Lead Arranger and the Mandated
Lead Arrangers.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">All
                                         words and expressions defined in the Credit Agreement shall have the same meaning when
                                         used in this Amendment Agreement unless the context otherwise requires, and sections
                                         1.2 (<I>Use of Defined Terms</I>) and 1.3 (<I>Cross-References</I>) of the Credit Agreement
                                         shall apply to the interpretation of this Amendment Agreement as if they are set out
                                         in full.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">The
                                         parties acknowledge and agree that they may execute this Amendment Agreement and any
                                         variation or amendment to the same, by electronic instrument. The parties agree that
                                         the electronic signatures appearing on the document shall have the same effect as handwritten
                                         signatures and the use of an electronic signature on this Amendment Agreement shall have
                                         the same validity and legal effect as the use of a signature affixed by hand and is made
                                         with the intention of authenticating this Amendment Agreement, and evidencing the parties&rsquo;
                                         intention to be bound by the terms and conditions contained herein. For the purposes
                                         of using an electronic signature, the parties authorise each other to the lawful processing
                                         of personal data of the signers for contract performance and their legitimate interests
                                         including contract management.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">As
                                         conditions for the agreement of the Finance Parties to amend the Credit Agreement as
                                         detailed in this Amendment Agreement, the Borrower shall deliver or cause to be delivered
                                         to or to the order of the Facility Agent all of the documents and other evidence listed
                                         in Schedule 3.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">All
                                         documents and evidence delivered to the Facility Agent pursuant to Clause 2.1 shall:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">be
                                         in form and substance acceptable to the Facility Agent; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">if
                                         required by the Facility Agent, be certified, notarised, legalised or attested in a manner
                                         acceptable to the Facility Agent.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Deferred
                                         Tranche</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Pursuant
                                         to the Principles, the Lenders have agreed, for each instalment of principal of the Advanced
                                         Loan due to be repaid by the Borrower between and, in each case, including:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         later of:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1
                                         April 2020; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Deferred Tranche Effective Date; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">31
                                         March 2021</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(the
 &quot;<B>Advanced Loan Deferral Period</B>&quot;), to make available to the Borrower a US dollar loan facility in the aggregate
amount of such repayment instalments falling due during the Advanced Loan Deferral Period (the &quot;<B>Deferred Tranche</B>&quot;).
The Deferred Tranche shall be applied in payment of such repayment instalments. The Borrower may draw an amount under the Deferred
Tranche equal to the amount of the repayment instalment due on each scheduled Repayment Date for the Advanced Loan falling during
the Advanced Loan Deferral Period. Through this arrangement the principal amount of the Advanced Loan will not be increased but
in addition to the repayment terms of, and the interest rate already applicable to, the Advanced Loan, the Credit Agreement shall
be amended in accordance with the terms and conditions set out in Clause 5 to reflect the repayment profile and interest terms
applicable to the Deferred Tranche.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Each
                                         drawing under the Deferred Tranche will occur automatically on each scheduled Repayment
                                         Date for the Advanced Loan occurring during the Advanced Loan Deferral Period and shall
                                         be a notional drawing only effected by means of a book entry to finance the repayment
                                         of the repayment instalment to which it relates.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Deferred Tranche will:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">accrue
                                         interest at the Floating Rate and shall be repayable in accordance with the repayment
                                         schedule set out in Schedule 4 to this Amendment Agreement; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">be
                                         made available to the Borrower on the terms and conditions of the Credit Agreement as
                                         amended pursuant to Clause 5 of this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Representations</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Each
                                         of the representations contained in article VI of the Credit Agreement (excluding those
                                         in section 6.10) shall be deemed repeated by the Borrower (by reference to the facts
                                         and circumstances then existing) at the date of this Amendment Agreement and at the Deferred
                                         Tranche Effective Date, by reference to the facts and circumstances then pertaining,
                                         as if references to the Loan Documents include this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amendments
                                         to Credit Agreement</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">With
                                         effect from the Deferred Tranche Effective Date the Credit Agreement shall be read and
                                         construed as if:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         further sentence is inserted at the end of Recital (B) as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Lenders have also (but without increasing the Maximum Loan Amount and the Commitment of each Lender) agreed to make available
to the Borrower, upon the terms and conditions contained herein, a US dollar loan facility in the amount equal to the aggregate
of the principal portion of the repayment instalments of the Loan payable on the Repayment Dates (as defined below) falling during
the Advanced Loan Deferral Period (as defined below) (the &quot;<B>Deferred Tranche Maximum Loan Amount</B>&quot;);&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         further sentence is inserted at the end of Recital (C) as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;An
advance under the Deferred Tranche (as defined below) will be available for the purpose of paying the principal portion of the
repayment instalment due on each Repayment Date falling during the Advanced Loan Deferral Period. Each advance of the Deferred
Tranche will be automatic and notional only, effected by means of a book entry to finance the repayment instalment then due;&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">references
                                         to &quot;this Agreement&quot; are references to the Credit Agreement as amended and supplemented
                                         by this Amendment Agreement;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.4</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">unless
                                         the context otherwise requires or unless otherwise stated, references to the &quot;Loan&quot;
                                         include the Deferred Tranche;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.5</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">references
                                         to the &quot;Commitment Termination Date&quot; and &quot;Disbursement Date&quot; are
                                         to the date applicable to the relevant part of the Loan;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.6</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         following terms are inserted in section 1.1 (<I>Defined Terms</I>) in the correct places
                                         alphabetically as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Advanced
Loan Deferral Period</B>&quot; means the period between and, in each case, including (a) the later of (i) April 1, 2020 and (ii)
the Deferred Tranche Effective Date, and (b) March 31, 2021.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Amendment
Agreement Number Three</B>&quot; means the amendment agreement dated April , 2020 and made between the parties hereto pursuant
to which this Agreement was amended.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Benchmark
Successor Rate</B>&quot; is defined in Section 11.18.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Benchmark
Successor Rate Conforming Changes</B>&quot; means, with respect to any proposed Benchmark Successor Rate, any conforming changes
to the definition of Screen Rate, Interest Period, timing and frequency of determining rates, making payments of interest, yield
protection provisions relating to the cost element of any Floating Rate Loan (including but not limited to any break costs relating
to any early repayment or prepayment of any Floating Rate Loan), fallback (and market disruption) provisions for that Benchmark
Successor Rate and other administrative matters as may be appropriate, in the discretion of the Facility Agent in consultation
with the Borrower, to reflect the adoption of such Benchmark Successor Rate and to permit the administration thereof by the Facility
Agent in a manner substantially consistent with market practice (or, if the Facility Agent determines that adoption of any portion
of such market practice is not administratively feasible or that no market practice for the administration of such Benchmark Successor
Rate exists, in such other manner of administration as the Facility Agent determines is reasonably necessary in connection with
the administration of this Agreement).&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Debt
Incurrence</B>&quot; means any incurrence of indebtedness for borrowed money by the Borrower, whether pursuant to a public offering
or a Rule 144A or other private placement of debt securities (including debt securities convertible into equity securities) or
an incurrence of loans under any loan or credit facility, or any issuance of bonds, other than (a) any indebtedness incurred by
the Borrower</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">between
April 1, 2020 and December 31, 2021 (or such later date as may, with the prior consent of Hermes, be agreed between the Borrower
and the Lenders) for the purpose of providing crisis and/or recovery-related funding, (b) indebtedness provided by banks or other
financial institutions under the Borrower's senior unsecured revolving credit facilities in an aggregate amount not greater than
the commitments thereunder as in effect on the Deferred Tranche Effective Date plus the amount of any existing uncommitted incremental
facilities (i.e. any unused accordion) on such facilities, (c) indebtedness owed by the Borrower or any of its Subsidiaries to
the Borrower or any of its Subsidiaries, (d) issuances of commercial paper incurred in the ordinary course of business of the
Borrower and its Subsidiaries, (e) Capitalised Lease Liabilities incurred in the ordinary course of business of the Borrower and
its Subsidiaries, (f) purchase money indebtedness incurred in the ordinary course of business of the Borrower and its Subsidiaries,
(g) indebtedness under overdraft facilities in the ordinary course of business, (h) obligations in connection with repurchase
agreements and/or securities lending arrangements and (i) vessel financings and amendments thereto (provided, however, that a
refinancing of a vessel financing shall not be included in the carve-out hereunder). There shall be a presumption that any indebtedness
incurred by the Borrower between April&nbsp;1, 2020 and December 31, 2021 shall be for the purpose of providing crisis and/or
recovery-related funding unless the intended use of proceeds from such indebtedness are specifically identified to be used for
an alternative purpose. In the event there is any question as to whether funding qualifies as &quot;crisis and/or recovery-related&quot;,
Hermes, the Facility Agent and the Borrower shall negotiate a resolution in good faith for a maximum period of fifteen (15) Business
Days.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;<B>Deferral
Period</B>&quot; means the period from and including April 1, 2020 to and including March 31, 2021.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferred
Tranche</B>&quot; means the aggregate of the advances made by the Lenders under this Agreement from time to time during the Advanced
Loan Deferral Period in an aggregate amount not to exceed the Deferred Tranche Maximum Loan Amount or as the case may be the aggregate
outstanding amount of such advances from time to time.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferred
Tranche Effective Date</B>&quot; has the meaning ascribed to such term in Amendment Agreement Number Three.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Deferred
Tranche Maximum Loan Amount</B>&quot; is defined in the preamble.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Equity
Interests</B>&quot; means, with respect to any Person, all of the shares, interests, rights, participations or other equivalents
(however designated) of capital stock of (or other ownership or profit interests or units in) such Person and all of the warrants,
options or other rights for the purchase, acquisition or exchange from such Person of any of the foregoing (including through
convertible securities) but excluding any debt securities convertible into such Equity Interests.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Equity
Issuance</B>&quot; means any issuance of Equity Interests by the Borrower, whether pursuant to a public offering or a Rule 144A
or other private placement, other than (i) issuances pursuant to employee and/or director stock plans in the ordinary course and
consistent with past practice , (ii) employee and/or director</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">compensation
plans in the ordinary course and consistent with past practice , and (iii) issuances between April 1, 2020 and December 31, 2021
(or such later date as may, with the prior consent of Hermes, be agreed between the Borrower and the Lenders) for the purpose
of providing crisis and recovery-related funding. There shall be a presumption that equity issued by the Borrower between April
1, 2020 and December 31, 2021 shall be for the purpose of providing crisis and recovery-related funding unless the intended use
of proceeds from such issuance is specifically identified to be used for an alternative purpose. In the event there is any question
as to whether funding qualifies as &quot;crisis and/or recovery-related&quot;, Hermes, the Facility Agent and the Borrower shall
negotiate a resolution in good faith for a maximum period of fifteen (15) Business Days.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Information
Package</B>&quot; means the general test scheme/information package in connection with the application for a debt holiday in the
form of Exhibit H hereto submitted or to be submitted (as the case may be) by the Borrower in order to obtain the benefit of the
measures provided for in the Principles for the purpose of this Agreement and certain of its obligations under this Agreement.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Principles</B>&quot;
means the document titled &quot;Cruise Debt Holiday Principles&quot; and dated March 26, 2020 in the form of Exhibit G hereto
which sets out certain key principles and parameters relating to, amongst other things, the temporary suspension of repayments
of principal in connection with certain qualifying Loan Agreements (as defined therein) and being applicable to Hermes-covered
loan agreements such as this Agreement.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Restricted
Payments</B>&quot; means any dividend or other distribution (whether in cash, securities or other property (other than Equity
Interests), with respect to any Equity Interests in the Borrower, or any payment (whether in cash, securities or other property
(other than Equity Interests)), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination of any such Equity Interests in the Borrower.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Scheduled
Unavailability Date</B>&quot; means, where the administrator of the Screen Rate or a governmental authority having jurisdiction
over the Facility Agent has made a public statement identifying a specific date after which the Screen Rate shall no longer be
made available, or used for determining the interest rate of loans, that specific date.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Screen
Rate</B>&quot; means the London interbank offered rate as administered by the ICE Benchmark Administration (or any other Person
that takes over the administration of such rate) for Dollars for a period equal in length to six (6) months (or for such other
period as shall be agreed by the Borrower and the Facility Agent) which appears on pages LIBOR01 or LIBOR02 of the Thomson Reuters
screen (or any replacement Thomson Reuters page which displays that rate).&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Screen
Rate Replacement Event</B>&quot; means:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">if
                                         the Facility Agent determines (which determination shall be conclusive absent manifest
                                         error), or the Borrower or Required Lenders notify the Facility Agent (with, in the case
                                         of the Required Lenders, a copy to the Borrower) that the Borrower or Required Lenders
                                         (as applicable) have determined, that:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 127.6pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(i)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">adequate
                                         and reasonable means do not exist for ascertaining the LIBO Rate for any requested Interest
                                         Period, including, without limitation, because the Screen Rate is not available or published
                                         on a current basis and such circumstances are unlikely to be temporary; or</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 127.6pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(ii)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         Scheduled Unavailability Date has occurred; or</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 127.6pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(iii)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">syndicated
                                         loans currently being executed, or that include language similar to that contained in
                                         this definition, are being executed or amended (as applicable) to incorporate or adopt
                                         a new benchmark interest rate to replace the LIBO Rate; or</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">in
                                         the opinion of the Facility Agent and the Borrower, that Screen Rate is no longer appropriate
                                         for the purposes of calculating interest under this Agreement, including, but not limited
                                         to, as a result of (A) a substantial change in the economic characteristics or method
                                         of calculation of the Screen Rate, (B) any withdrawal of the administrator's right to
                                         publish the Screen Rate or (C) any prohibition for financial institutions to use the
                                         Screen Rate.&quot;;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.7</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         following terms in section 1.1 (<I>Defined Terms</I>) are deleted in total and replaced
                                         with new terms as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Commitment
Termination Date</B>&quot; means January 6, 2020 in respect of the Loan other than the Deferred Tranche and March 31, 2021 in
respect of the Deferred Tranche.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Disbursement
Date</B>&quot; means the date on which the Loan (other than the Deferred Tranche) is advanced; provided that if the Loan (excluding
the Deferred Tranche) is re-borrowed pursuant to Section 3.7, then, for all purposes of this Agreement concerning such re-borrowed
Loan, the Disbursement Date shall be the date of such re-borrowing. When such expression is prefaced by the word &ldquo;expected&rdquo;,
it shall denote the date on which the Borrower then reasonably expects the Loan to be disbursed based upon the then-scheduled
Delivery Date of the Vessel.&rdquo;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Final
Maturity</B>&quot; means (a) twelve (12) years after the Disbursement Date in the case of the Loan (other than the Deferred Tranche)
and (b) three (3) years and six (6) months from the first Repayment Date falling on or after April 1, 2021 in the case of the
Deferred Tranche.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Fixed
Rate Loan</B>&quot; means the Loan (other than the Deferred Tranche) bearing interest at the Fixed Rate, or that portion of the
Loan (other than the Deferred Tranche) that continues to bear interest at the Fixed Rate after the termination of any CIRR Agreement
pursuant to Section 3.3.3.&quot;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>LIBO
Rate</B>&quot; means the Screen Rate at or about 11:00 a.m. (London time) two (2) Business Days before the commencement of the
relevant Interest Period; provided that:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">subject
                                         to Section 3.3.6, if the Screen Rate is not available at the relevant time, the LIBO
                                         Rate shall be the rate per annum certified by the Facility</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 127.6pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Agent
to be the average of the rates quoted by the Reference Banks as the rate at which each of the Reference Banks was (or would have
been) offered deposits of Dollars by prime banks in the London interbank market in an amount approximately equal to the amount
of the Loan and for a period of six months;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 127.6pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">for
                                         the purposes of determining the post-maturity rate of interest under Section 3.3.4, the
                                         LIBO Rate shall be determined by reference to deposits on an overnight or call basis
                                         or for such other period or periods as the Facility Agent may determine after consultation
                                         with the Lenders, which period shall be no longer than one month unless the Borrower
                                         otherwise agrees; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 85.05pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(c)</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">for
                                         the purposes of determining the Floating Rate in respect of the Deferred Tranche, if
                                         the LIBO Rate determined in accordance with the foregoing provisions of this definition
                                         is less than zero, such rate shall be deemed to be zero for the purposes of this Agreement.&quot;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Loan</B>&quot;
means the principal sum in Dollars, not exceeding the US Dollar Maximum Loan Amount (and including for this purpose the Deferred
Tranche Maximum Loan Amount), advanced or, as the case may be, to be advanced by the Lenders to the Borrower upon the conditions
of this Agreement or (as the context may require), the amount thereof for the time advanced and outstanding under this Agreement.&rdquo;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;&quot;<B>Loan
Documents</B>&quot; means this Agreement, Amendment Number One, Amendment Number Two, Amendment Agreement Number Three, the Pledge
Agreement and the Fee Letters.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.8</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         2.2(a) (C<I>ommitments of the Lenders</I>) is deleted in total and replaced as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Each
Lender will make its portion of the relevant part of the Loan available to the Borrower in accordance with Section 2.5 either
(i) two (2) Business Days prior to the delivery of the Purchased Vessel to the Borrower under the Construction Contract or (ii)
on the relevant Repayment Date falling during the Advanced Loan Deferral Period in the case of the Deferred Tranche. The commitment
of each Lender described in this Section 2.2 (herein referred to as its &quot;Commitment&quot;) shall be the commitment of such
Lender to make available to the Borrower its portion of (y) the Loan (excluding for this purpose the Deferred Tranche) and (z)
the Deferred Tranche. The Commitment referred to in paragraph (y) above is hereunder expressed as the initial amount set forth
opposite such Lender's name in Schedule 1 hereto. The Commitment referred to in paragraph (z) above is hereunder expressed as
that Lender's Percentage of the amount of the Deferred Tranche as at the Deferred Tranche Effective Date, being the initial percentage
set forth opposite such Lender's name in Schedule 1 hereto. If any Lender becomes a Lender pursuant to an assignment pursuant
to Section 11.11.1, its Commitment shall be the aggregate of (A) the amount set forth as such Lender's Commitment in the related
Lender Assignment Agreement and (B) its Percentage of the amount of the Deferred Tranche as at the Deferred Tranche Effective
Date calculated by reference to the Percentage set forth as such Lender's Commitment in the related</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Lender
Assignment Agreement. In each case such amount may be reduced from time to time pursuant to Section 2.3 or reduced or increased
from time to time pursuant to assignments by or to such Lender pursuant to Section 11.11.1.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Each
Lender's Commitment shall terminate (a) in the case of the Loan (other than the Deferred Tranche), on the earlier of (i) the Commitment
Termination Date if the Purchased Vessel is not delivered to the Borrower prior to such date and (ii) the delivery to the Borrower
of the Purchased Vessel and (b) in the case of the Deferred Tranche, on the last Repayment Date falling during the Advanced Loan
Deferral Period.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.9</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new paragraph shall be inserted at the end of section 2.3 (<I>Voluntary Reduction of
                                         Commitments</I>) as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;This
<U>Section 2.3</U> shall not apply in any respects to the Deferred Tranche or any arrangements related thereto.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.10</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         2.5(a) (<I>Borrowing Procedure</I>) is deleted in total and replaced with a new section
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;In
the case of the Loan (other than in respect an advance under the Deferred Tranche), the Borrower shall deliver a Loan Request
and the documents required to be delivered pursuant to Section 5.1.1(a) to the Facility Agent on or before 11:00 a.m., London
time, not less than two (2) Business Days in advance of the date that is two (2) Business Days prior to the anticipated Delivery
Date. The aggregate amount of the Loan (excluding the Deferred Tranche) to be advanced shall not exceed the US Dollar Maximum
Loan Amount.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Any
drawings under the Deferred Tranche shall be automatically advanced in the manner contemplated by Recital (C).&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.11</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sentence is inserted at the end of section 2.5 (<I>Borrowing Procedure</I>) after
                                         paragraph (d) as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;This
Section 2.5 is not applicable to the Deferred Tranche.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.12</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         3.1(a) (<I>Repayments</I>) shall be deleted in total and replaced with the following:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&ldquo;Subject
to Section 3.1.b), the Borrower shall repay the Loan in the instalments and on the dates set out in Exhibit F.&rdquo;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.13</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         first sentence of section 3.3.1 (<I>Rates</I>) is deleted in total and replaced with
                                         new sentences as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Loan (other than the Deferred Tranche) shall accrue interest from the Disbursement Date to the date of repayment or prepayment
of the Loan (other than the Deferred Tranche) in full to the Lenders at the Fixed Rate, subject to (i) any election made by the
Borrower to elect the Floating Rate pursuant to Section 3.3.2 or (ii) any conversion of any portion of the Loan (other than the
Deferred Tranche) held by a Lender to a Floating Rate Loan upon the termination of the CIRR Agreement to which such Lender is
a party in accordance with Section 3.3.3. The Deferred Tranche shall accrue interest from the first Repayment Date to fall during</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
Advanced Loan Deferral Period (or, in the case of a further advance in respect of the Deferred Tranche after the first advance
and in respect of that further advance, from the relevant Repayment Date in respect of the Loan to which that further advance
of the Deferred Tranche relates) to the date of repayment or prepayment of the Deferred Tranche in full to the Lenders at the
Floating Rate. The first advance and the second advance in respect of the Deferred Tranche shall be consolidated at and run concurrently
from the time of the making of the second advance and interest on the advances in respect of the Deferred Tranche shall be payable
on each Repayment Date.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.14</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sub-section b. to section 4.12 (<I>Use of Proceeds</I>) is inserted as follows (and
                                         the existing provisions of section 4.12 (<I>Use of Proceeds</I>) shall become sub-section
                                         a.):</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Deferred Tranche shall be used for the purpose set out in Recital (C) and accordingly the provisions of sub-section a. above shall
not apply to the proceeds of the Deferred Tranche.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.15</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         first paragraph of article VI (<I>Representations and Warranties</I>) is deleted in total
                                         and replaced with a new paragraph as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;To
induce the Lenders and the Facility Agent to enter into this Agreement and to make the Loan hereunder, the Borrower represents
and warrants to the Facility Agent and each Lender as set forth in this Article VI as of the Effective Date, the Disbursement
Date and the date of each additional advance or deemed advance of any portion of the Loan (including the Deferred Tranche) after
the Disbursement Date (except as otherwise stated).&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.16</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new Section 7.1.1(h) (<I>Financial Information, Reports, Notices, etc.</I>) is inserted
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;h.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;as
soon as available and in any event within respectively five (5), ten (10) and thirty (30) days after the end of each monthly,
bi-monthly and quarterly period starting on April 1, 2020, the information set out in section&nbsp;(F) of the Information Package
(in reasonable detail and with appropriate calculations and computations in all respects reasonably satisfactory to the Facility
Agent);&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.17</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sub-section 7.2.2(g) (<I>Indebtedness</I>) is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;g.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;crisis
and recovery-related Indebtedness (as contemplated by the Principles) provided such Indebtedness is incurred between April 1,
2020 and December 31, 2021 or such later date as may, with the prior consent of Hermes, be agreed by all Lenders.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.18</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new sentence is inserted at the end of section 8.1.4 (Default on Other Indebtedness)
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;This
Section 8.1.4 is subject to the further proviso that any breach of financial covenants equivalent to those in Section 7.2.4 under
or in relation to any other Hermes-backed facility agreement to which the Borrower or Silversea Cruise Holdings Ltd. is a party
as borrower or guarantor shall not, during the Deferral</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Period,
constitute an Event of Default under this Agreement provided that no Prepayment Event has occurred under Section 9.1.14.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.19</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         9.1.4 (<I>Non-Performance of Certain Covenants and Obligations</I>) is deleted in total
                                         and replaced with a new section as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;The
Borrower shall default in the due performance and observance of any of the covenants set forth in Sections 4.12 or 7.2.4; provided
that any default in respect of the due performance or observance of any of the covenants set forth in Section 7.2.4 during the
Deferral Period (as long as no Event of Default under Section 8.1.5 occurs and is continuing, or no Prepayment Event under Section
9.1.13 or 9.1.14 occurs during the Deferral Period) shall not constitute a Prepayment Event.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.20</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new section 9.1.13 is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Section
9.1.13. <B>Dividend or New Debt</B>.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Borrower declares, pays or makes or agrees to pay or make, directly or indirectly, any Restricted Payment, except for (i) dividends
or other distributions with respect to its Equity Interests payable solely in additional shares of its Equity Interests or options
to purchase Equity Interests, (ii) Restricted Payments pursuant to and in accordance with stock option plans or other benefit
plans (including with respect to performance shares issued in the ordinary course of business) for present or former officers,
directors, consultants or employees of the Borrower in the ordinary course of business consistent with past practice and (iii)
the payment of cash in lieu of the issuance of fractional shares in connection with the exercise of warrants, options or other
securities convertible into or exercisable for Equity Interests of the Borrower;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower completes a Debt Incurrence;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower completes an Equity Issuance;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the
Borrower makes any payment of any kind under any shareholder loan other than any payments made pursuant to that certain $2,200,000,000
Term Loan Agreement, dated as of March 23, 2020, among the Borrower and Morgan Stanley Senior Funding, Inc., JPMorgan Chase Bank,
N.A., BOFA Securities, Inc., BNP Paribas Securities Corp. and Goldman Sachs Bank USA, as joint lead arrangers and joint bookrunners
and Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent,</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">or
in any case resolves to do so.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.21</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new section 9.1.14 is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Section
9.1.14. <B>Principles</B>. The Borrower shall default in the due performance and observance of the Principles and if capable of
remedy such default shall continue unremedied for a period of ten (10) days after notice thereof shall have been given to the
Borrower by the Facility Agent; provided that, if the default does not otherwise constitute a Default or a Prepayment Event under
another section of this Agreement, as amended to date, the Borrower, the Facility Agent and Hermes</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">shall
negotiate a resolution in good faith for a maximum period of fifteen (15) days after notice thereof shall have been given to the
Borrower by the Facility Agent.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.22</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">section
                                         9.2 (<I>Mandatory Prepayment</I>) is deleted in total and replaced with a new section
                                         as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 84.95pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;If
any Prepayment Event shall occur and be continuing (and subject, in the case of Section 9.1.11, to Section 11.17), the Facility
Agent, upon the direction of the Required Lenders, shall by notice to the Borrower (a) if the Disbursement Date has occurred and
the Loan disbursed (but without prejudice to the last paragraph of Section 9.1), require the Borrower to prepay in full on the
date of such notice all principal of and interest on the Loan and all other Obligations or, in the case of a Prepayment Event
under Sections 9.1.13 or 9.1.14, all principal of and interest on the Deferred Tranche (and, in such event, the Borrower agrees
to so pay the full unpaid amount of the Loan or the Deferred Tranche, as the case may be, and all accrued and unpaid interest
thereon and all other Obligations in respect thereof), (b) if the Disbursement Date has not occurred (and except in the case of
a Prepayment Event under Sections 9.1.13 or 9.1.14), terminate the Commitments; provided that if such Prepayment Event arises
under Section 9.1.12, the remedy available under this Section 9.2 shall be limited to that provided about in clause (a) and only
with respect to the portion of the Loan held by the affected Lender that gave the relevant Illegality Notice and (c) immediately
terminate the waiver of the occurrence of any Prepayment Event in respect of Section&nbsp;7.2.4 contained in Section 9.1.4, such
that any breach of Section&nbsp;7.2.4 in existence as at the date of the notice from the Facility Agent referred to in paragraph
(a) of this Section 9.2 or any breach occurring at any time after such notice shall constitute a Prepayment Event with all attendant
consequences.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 84.95pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.23</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         new section 11.18 is inserted as follows:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&quot;Section
11.18. <B>Modification and/or Discontinuation of Benchmarks</B>.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a Screen Rate Replacement Event has occurred then, promptly thereafter, the Facility Agent and the Borrower will enter into negotiations
with a view to amend this Agreement to replace the LIBO Rate with an alternate benchmark rate (including any mathematical or other
adjustments to the benchmark (if any) incorporated therein), giving due consideration to any evolving or then existing convention
for similar US dollar denominated syndicated credit facilities for such alternative benchmarks where such negotiations will take
into account the then current market standards and will be conducted with a view to reducing or eliminating, to the extent reasonably
practicable, any transfer of economic value from one party to another party (any such proposed rate, a &quot;<B>Benchmark Successor
Rate</B>&quot;), together with any proposed Benchmark Successor Rate Conforming Changes and any such amendment shall become effective
at 5:00 p.m., New York City time, on the fifth Business Day after the Facility Agent shall have posted such proposed amendment
to all Lenders and the Borrower unless, prior to such time, the Required Lenders have delivered to the Facility Agent written
notice that such Lenders does not accept such amendment. Such Benchmark Successor Rate shall be applied in a manner consistent
with market practice; provided that to the extent such market practice is not administratively feasible for the Facility Agent,
such Benchmark Successor Rate</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">shall
be applied in a manner as otherwise reasonably determined by the Facility Agent.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
no Benchmark Successor Rate has been determined and either (x) the circumstances set out in paragraph (a) of the definition of
 &quot;Screen Rate Replacement Event&quot; in Section 1.1 exist or (y) the Scheduled Unavailability Date has occurred, the Facility
Agent will promptly so notify the Borrower and each Lender. Thereafter, (i) the obligation of the Lenders to make or maintain
the Loan shall be suspended and (ii) the Screen Rate shall no longer be utilised in determining the LIBO Rate. Upon receipt of
such notice, the Borrower may revoke any pending Loan Request.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Until
such time as a Benchmark Successor Rate and Benchmark Successor Rate Conforming Changes have been determined and agreed and without
prejudice to the obligation of the parties to enter into negotiations with a view to determining or agreeing a Benchmark Successor
Rate pursuant to paragraph (a) above, for any Interest Period starting after the Screen Rate Replacement Event, the LIBO Rate
shall be replaced by the weighted average of the rates notified to the Facility Agent by each Lender five (5) Business Days prior
to the first day of that Interest Period, to be that which expresses as a percentage rate per annum the cost the relevant Lender
would have of funding an amount equal to its participation in the Loan during the relevant Interest Period from whatever source
it may reasonably select. If such amount is less than zero, it shall be deemed to be zero.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything else herein, any definition of Benchmark Successor Rate shall provide that in no event shall such Benchmark Successor
Rate be less than zero for purposes of this Agreement.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(e)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section
3.3.6 shall not apply following the occurrence of a Screen Rate Replacement Event.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(f)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Where
paragraph (a) above applies, the Borrower shall, within three (3) Business Days of demand, reimburse the Facility Agent for the
amount of all costs and expenses (including legal fees) reasonably incurred by the Facility Agent in responding to, evaluating,
negotiating or complying with the requirements set out in that paragraph.&quot;;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 85.05pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.24</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         repayment schedule set out in Schedule 4 to this Amendment Agreement is attached as a
                                         new Exhibit F;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.25</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Principles are attached as a new Exhibit G; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1.26</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Information Package as set out in Schedule 5 to this Amendment Agreement is attached
                                         as a new Exhibit H.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">All
                                         other terms and conditions of the Credit Agreement shall remain unaltered and in full
                                         force and effect.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fees,
                                         Costs and Expenses</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower shall pay to the Facility Agent and each Lender a handling fee in the amount
                                         and at the time agreed in Fee Letters.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 1 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower agrees to pay on demand all reasonable out-of-pocket costs and expenses of:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.2.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         Facility Agent in connection with the preparation, execution, delivery and administration,
                                         modification and amendment of this Amendment Agreement and the other documents to be
                                         delivered hereunder; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.2.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">the
                                         CIRR Representative and any Lender in connection with the preparation, execution, delivery
                                         and administration, modification and amendment of any CIRR Agreement and any security
                                         or other documents executed or to be executed and delivered as a consequence of the parties
                                         entering into this Amendment Agreement and any other documents to be delivered under
                                         this Amendment Agreement,</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(including
the reasonable fees and out-of-pocket expenses of counsel to the Facility Agent and the CIRR Representative with respect to this
Amendment Agreement and those other documents as agreed with the Facility Agent and the CIRR Representative) in accordance with
the terms of section 11.3 of the Credit Agreement and as if references in that section to the Facility Agent are references to
the Facility Agent and the CIRR Representative.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6.3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Borrower agrees to pay on demand any additional imputed or calculative funding cost on
                                         the Deferred Tranche incurred by a Lender or the CIRR Representative as a consequence
                                         of the parties entering into this Amendment Agreement which shall not exceed the difference
                                         between the interest payable on the Loan (other than the Deferred Tranche) in accordance
                                         with the Credit Agreement and the interest payable on the Deferred Tranche at the Floating
                                         Rate. The Facility Agent shall furnish to the Borrower a determination of such a funding
                                         cost reflecting the respective determinations which the Facility Agent has received from
                                         the CIRR Representative and each of the Lenders, which determination will then be applicable
                                         to all Lenders. None of the Facility Agent, a Lender or the CIRR Representative is required
                                         to provide to the Facility Agent (if applicable) or the Borrower evidence of how the
                                         determination of the funding cost has been made nor that it has been suffered.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Notices,
                                         Counterparts, Third Party Rights, Governing Law, Jurisdiction and Process Agent</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         provisions of sections 11.2 (<I>Notices</I>), 11.8 (<I>Execution in Counterparts</I>),
                                         11.9 (<I>Third Party Rights</I>), 11.14.1 (<I>Governing Law</I>), 11.14.2 (<I>Jurisdiction</I>)
                                         and 11.14.3 (<I>Alternative Jurisdiction</I>) and 11.14.4 (<I>Service of Process</I>)
                                         of the Credit Agreement shall apply to this Amendment Agreement as if they are set out
                                         in full and as if (a) references to each Party are references to each party to this Amendment
                                         Agreement and (b) references to the Credit Agreement include this Amendment Agreement.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
parties to this Amendment Agreement have signed this Amendment Agreement the day and year first before written.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
1<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
Finance Parties</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 50%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Facility
    Agent</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">KfW
                                         IPEX-Bank GmbH</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Palmengartenstrasse
        7-9</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">60325
        Frankfurt am Main</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Germany</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 50%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Hermes
    Agent</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">KfW
                                         IPEX-Bank GmbH</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Palmengartenstrasse
        7-9</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">60325
        Frankfurt am Main</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Germany</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 50%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Initial
    Mandated Lead Arranger</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">KfW
    IPEX-Bank GmbH</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 50%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Mandated
    Lead Arranger</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bayerische
    Landesbank Munich</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 70%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-top: 1.5pt; width: 72%; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Lenders</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-top: 1.5pt; width: 28%; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Commitments</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">KfW
    IPEX-Bank GmbH</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">46.12%</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Bayerische
    Landesbank Munich</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.76%</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">BNP
                                         Paribas Fortis S.A./N.V.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">12.98%</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Commerzbank
                                         AG, New York Branch</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.69%</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">DZ
    Bank AG Deutsche Zentral-Genossenschaftsbank, New York Branch</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.76%</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; border-left: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Skandinaviska
    Enskilda Banken AB (publ)</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; padding-right: 5.4pt; font: 10pt Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt solid; text-align: justify; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">11.69%</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
2<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective
Date Confirmation</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">To:</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Royal
    Caribbean Cruises Ltd.</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify; width: 0.5in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">To:</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW</B></FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&quot;SPECTRUM
OF THE SEAS&quot; (ex-hull no S-700)</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">We,
<B>KfW IPEX-Bank GmbH</B>, refer to the third amendment agreement dated &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;April
2020 (the &quot;<B>Amendment Agreement</B>&quot;) relating to a credit agreement dated as of 13 November 2015 (as previously amended,
supplemented and/or restated from time to time) (the &quot;<B>Credit Agreement</B>&quot;) made between (among others) the above
named <B>Royal Caribbean Cruises Ltd.</B> as the Borrower, the financial institutions listed in it as the Lenders and ourselves
as the Hermes Agent and the Facility Agent in respect of a loan to the Borrower from the Lenders of up to the Maximum Loan Amount
(as defined in the Credit Agreement).</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">We
hereby confirm that all conditions precedent referred to in Clause 2.1 of the Amendment Agreement have been satisfied. In accordance
with Clauses 1.1 and 5 of the Amendment Agreement the Deferred Tranche Effective Date is the date of this confirmation and the
amendments to the Credit Agreement are now effective.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 1in; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Dated</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">April
                                         2020</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify; width: 5%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Signed:</FONT></TD>
<TD STYLE="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; text-align: justify; width: 45%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify; width: 50%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">For
and on behalf of</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>KfW
IPEX-Bank GmbH</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(as
Facility Agent)</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
3<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Conditions
Precedent</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>1</B></FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Borrower</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">A
                                         certificate of its Secretary or Assistant Secretary as to the incumbency and signatures
                                         of those of its officers authorised to act with respect to this Amendment Agreement and
                                         as to the truth and completeness of the attached resolutions of its Board of Directors
                                         then in full force and effect authorising the execution, delivery and performance of
                                         this Amendment Agreement, and upon which certificate the Lenders may conclusively rely
                                         until the Facility Agent shall have received a further certificate of the Secretary or
                                         Assistant Secretary of the Borrower cancelling or amending such prior certificate; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">a
                                         Certificate of Good Standing issued by the relevant Liberian authorities in respect of
                                         the Borrower.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>2</B></FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Legal
                                         opinions</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
Facility Agent shall have received opinions, addressed to the Facility Agent and each Lender from:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Watson
                                         Farley &amp; Williams LLP, counsel to the Borrower, as to Liberian law; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Norton
                                         Rose Fulbright LLP, counsel to the Facility Agent,</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">or,
where applicable, a written approval in principle (which can be given by email) by any of the above counsel of the arrangements
contemplated by this Amendment Agreement and a confirmation that a formal legal opinion will follow promptly after the Deferred
Tranche Effective Date.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 42.55pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3</B></FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Principles</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Principles
                                         </B>Final approval of the Principles (including deferral of the instalments of principal
                                         of the Advanced Loan due to be repaid during the Advanced Loan Deferral Period) by Hermes.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Hermes
                                         Insurance Policy: </B>Evidence to the satisfaction of each Lender that the Deferred Tranche
                                         is covered under the Hermes Insurance Policy.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.3</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Information
                                         Package</B> Evidence to the satisfaction of Hermes that the Borrower has sufficient crisis-related
                                         liquidity measures in place to be able to utilise the Deferred Tranche in accordance
                                         with the Credit Agreement as amended by this Amendment Agreement as set out in the completed
                                         Information Package (the form of which is set out in Schedule 5 hereto) submitted to
                                         Hermes.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>4</B></FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Other
                                         documents and evidence</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Process
                                         agent</B> Evidence that any process agent appointed pursuant to Clause 7 has accepted
                                         its appointment.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4.2</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Fees,
                                         costs and expenses</B> The Fee Letter(s) and evidence that any documented costs and expenses
                                         due from the Borrower under Clause 6 of this Amendment Agreement have been paid or will
                                         be paid promptly on being demanded.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>5</B></FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>CIRR
                                         requirements</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.55pt"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5.1</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         CIRR Representative has confirmed to the Facility Agent that all relevant Lenders have
                                         signed respective amendments to their Option A Refinancing Agreements.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 2 -->
<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
4<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
Schedule</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Exhibit
F</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 80%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Repayment
    Schedule &ndash; Loan (other than Deferred Tranche) -&nbsp;&nbsp;Payments 2 and 3 fall in the Deferral Period</B></FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">US
    Dollars ($)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 75%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No.</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 3%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 39%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
    Dates</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 50%; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Balance</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">0</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$908,000,924.06</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2019</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$870,167,552.22</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2020</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$832,334,180.38</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2020</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$794,500,808.54</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$756,667,436.70</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$718,834,064.86</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$681,000,693.02</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$643,167,321.18</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$605,333,949.34</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$567,500,577.50</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$529,667,205.66</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">11</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$491,833,833.82</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$454,000,461.98</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2025</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$416,167,090.14</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2026</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$378,333,718.30</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2026</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$340,500,346.46</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2027</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$302,666,974.62</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">17</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2027</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$264,833,602.78</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2028</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$227,000,230.94</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">19</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2028</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$189,166,859.10</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2029</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$151,333,487.26</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">21</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2029</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$113,500,115.42</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">22</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2030</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$75,666,743.58</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">23</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2030</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$37,833,371.74</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">24</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2031</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$0.00</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 80%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Repayment
    Schedule &ndash;Deferred Tranche</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 10%; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">US
    Dollars ($)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 5.4pt; padding-bottom: 5pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 1pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 75%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">No.</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Repayment
    Dates</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Balance</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 8%; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">0</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 19%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 19%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; width: 51%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$75,666,743.68</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$66,208,400.72</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2021</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$56,750,057.76</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$47,291,714.80</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2022</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$37,833,371.84</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$28,375,028.88</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$18,916,685.92</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Apr-2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$9,458,342.96</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9-Oct-2024</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">$0.00</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Schedule
5<FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>




<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Form
of Information Package</FONT></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>General
test scheme / information package in connection with the Debt Holiday application</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>General:
</B>The completion of section A)-E) is required in connection with the initial Debt Holiday application. Section F) lists the
monitoring requirements within the 12 month Debt Holiday period</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>A)
Description of the current situation of the cruise line company (descriptive)</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>[Content:
status of the fleet, impact of the corona crises on the operation, overview of booking status 2020 and 2021 (ticket price level
and occupancy in comparison to 2019 at the same time; current customer reaction (cancelation activities, new bookings, shift of
bookings, repayment of customer deposits.] </I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>B)
Overview of core financial figures: </B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; background-color: #F2F2F2">
    <TD STYLE="border: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; width: 31%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; width: 23%; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Actual
    FY 2019</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; width: 23%; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Estimate
    1Q2020</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; width: 23%; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Debt
    Holiday Period 04/2020-03/2021</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    revenues:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD ROWSPAN="11" STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>-----</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net
    cruise revenues:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">EBITDA:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net
    income:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">EPS
    <I>(if applicable):</I></FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Net
    income margin:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    equity:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    assets:</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    liquidity (cash):</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    interest payments</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    OPEX</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total
    CAPEX </FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Principals
    (Hermes covered loans)</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Principals
    (all ECA covered loans)</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 4 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>C)
Core Checklist</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>Notes:
</I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<I>It is not required that a company uses all measures listed below. / Further measures can be added.</I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<I>There is not a certain ratio (4<SUP>th</SUP> column) which has to be reached to enable the company to qualify for the Debt
Holiday Initiative. </I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<I>Please mark those positions with the note &ldquo;Estimate&rdquo; in the 2<SUP>nd</SUP> column in case the exact information
is not available yet. </I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: left; text-indent: -0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<I>Finalized measure: </I></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.75in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">o</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>With
                                         regard to C2) &ndash; The measure has been irrevocable fixed/secured. / Binding Agreement
                                         is in place. </I></FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.75in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">o</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><I>With
                                         regard to C3) &ndash; The process to introduce this cost cutting measure has already
                                         been firmly started. The liquidity effect is highly likely.</I></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>No.</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Criteria</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Amount</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Ratio
    compared to 2019</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Note</B></FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="6" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>1)
        Liquidity Position (latest date available)</B></FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1a</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Liquidity
    position &ndash; free cash </FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1b</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Liquidity
    position &ndash; free undrawn RCF or Corporate Term Loan</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">RCF
    and Corporate Term Loan to be described separately (amount, currency, maturity, repayment profile)</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1c</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>TOTAL
    free liquidity position</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    provide in addition the information about the amount of restricted cash.</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="6" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>2)
        Measures implemented to increase the liquidity position (since the 1st January 2020)</B></FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2a</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Draw
    down on existing RCF facilities</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of total RCF volume</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Drawn
    between the 1.1.2020 and application.</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2b</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finalized
    additional RCF or Corporate Term Loans / fixed since 1<SUP>st</SUP> January 2020 </FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        increase of RCF/TL volume</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">RCF
    and Corporate Term Loan to be described separately (amount, currency, maturity, repayment profile)</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2c</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Planned
    new RCF or Corporate Term Loans (or other debt)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        increase of RCF /TL volume</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">RCF
    and Corporate Term Loan to be described separately (amount, currency, maturity, repayment profile) / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2d</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finalized
    capital increase, shareholder loans or mezzanine / fixed since 1<SUP>st</SUP> January 2020</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total assets</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 33%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 13%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 24%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 26%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%; border: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2e</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 34%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Planned
    capital increase, shareholder loans or mezzanine </FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 13%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 24%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 26%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2f</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finalized
    other measures or other debt (e.g. Factoring a.o.) / fixed since 1<SUP>st</SUP> January 2020</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2g</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Planned
    other measures or other debt (e.g. Factoring a.o.)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Measure
    to be described separately / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2h</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Already
    secured TOTAL increase of the liquidity position in 2020 (only finalized measures)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Potential
    TOTAL increase of the liquidity positions in 2020 (finalized + planned measures)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="5" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>3)
        Cost cutting measures implemented to reduce the outflow of liquidity (since the 1st January 2020)</B></FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3a</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reduction
        of OPEX</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(finalized
        / binding start of implementation done)</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.m.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally planned OPEX</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3b</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of OPEX (further potential)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.m.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally planned OPEX</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3c</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of CAPEX (not ship building contract related / finalized / binding start of implementation done)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total CAPEX which are due in 2020</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3d</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of CAPEX (not ship building contract related / further potential)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total CAPEX which are due in 2020</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    list separately / Likeliness of finalization</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3e</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of replacement investments (finalized /binding start of implementation done)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total replacement investments which are due in 2020</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Replacements
    of goods in the hotel operation (e.g. cutlery) / Please list separately</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3f
    </FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Reduction
    of replacement investments (further potential)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of total replacement investments which are due in 2020</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Replacements
    of goods in the hotel operation (e.g. cutlery)&nbsp;&nbsp;/ Please list separately / Likeliness of finalization </FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%; border: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3g</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 34%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Dividend
    cuts (total potential effect within 2020)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 13%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 24%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.a.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally planed dividends</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 26%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    describe which dividends have been announced to be cut so far. </FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3h</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Pay
    cuts (total amount per month) (finalized)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of net cruise revenues p.m.</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">xx%
        of originally plant payroll</FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Please
    describe separately</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3i</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&hellip;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Already
    secured TOTAL cost cuttings within 2020 (only finalized measures)</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Potential
        TOTAL cost cuttings within 2020 (finalized + potential measures)</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">xx%
    of net cruise revenues p.a.</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; background-color: #F2F2F2">
    <TD COLSPAN="5" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>4)
        Further figures</B></FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4a</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Average
    cash burn rate (per month within the shut down period / assuming all D3 measures are effective / fixed costs + necessary variable
    costs + interests + average CAPEX)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4b</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Amount
    of CAPEX 2020 which can not be postponed</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4c</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Percentage
    of the net cruise revenues of the FY 2019 which would have been required to enable a cash neutral operation in 2019 (based
    on an annual average + based on the cost structure of 2019 including CAPEX and including principals). </FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Indicator
    for the ramp up period</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; border-left: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4d</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Percentage
    of the net cruise revenues of the FY 2019 which would have been required to enable a cash neutral operation in 2019 (based
    on an annual average + based on the cost structure of 2019 excluding CAPEX and excluding principals).</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-right: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Indicator
    for the ramp up period</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border: Black 1pt dotted; width: 3%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4e</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; width: 34%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">What
    layup costs do you expect on average per vessel (per month)?</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; width: 13%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; width: 24%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; width: 26%; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Assumed:
        hot lay-up</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Including
        cost positions: crew, food, port</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%; border: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 34%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 13%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 24%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 26%; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">charges,
        fuel, hotel consumption</FONT></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
        many crew members will remain on average on board?</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>D)
Preliminary liquidity estimation of the cruise line (including shut down period and ramp up phase): </B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 3pt; width: 2%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; width: 25%; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Case</FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; width: 21%; text-align: left; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1)&nbsp;&nbsp;&nbsp;
    Company&rsquo;s Case</FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; width: 21%; text-align: left; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2)&nbsp;&nbsp;&nbsp;
    Break-even Case A</FONT></TD>
    <TD STYLE="border: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; width: 31%; text-align: left; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3)&nbsp;&nbsp;&nbsp;
    Break-even Case B</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: left; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Description</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Company&rsquo;s
    most likely case</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Breakeven
    case only taking the finalized measures from section C2 and C3 into account. (excl. Debt Holiday) *</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Breakeven
    case taking all finalized and planned measures from section C2 and C3 into account. (incl. Debt Holiday) *</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Complete
    shut down period (end <BR>
    date)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: italic 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">[e.g.
    End of June 2020]</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: italic 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">[e.g.
    End of July 2020]</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: italic 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">[e.g.
    End of October 2020]</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Which
    of the <B>planned / potential liquidity and cost cutting measures</B> of section C2 and C3 have be considered? (Please state
    the number or describe if necessary)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: italic 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">[e.g.
    2c, 3b]</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">None</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: italic 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; vertical-align: top; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">[e.g.
    2c, 2g, 3b]</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Minimum
    Liquidity Position:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&hellip;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">USD
    / EUR 0</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">USD
    / EUR 0</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-right: 3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: justify; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
    much liquidity will be required over time in each case?</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&hellip;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&hellip;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-right: 3pt; padding-top: 3pt; text-align: right; padding-left: 5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&hellip;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">*
Notes:&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Case
                                         1) - How long will be the shut down period last from the company&rsquo;s point of view?</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Case
                                         2) &ndash; It shows the maximum duration of the shut down period which the company can
                                         survive, based on all already secured liquidity and cost cutting measured.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Case
                                         3) &ndash; It shows the maximum duration of the shut down period which the company can
                                         survive, based on the assumption that all liquidity and cost cutting measures are realized
                                         which are most realistic from the companies point of view. Not all potential measures
                                         need to be included, only those which are most realistic from the companies point of
                                         view.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">It
                                         shall be assumed in all 3 cases that no new customer bookings will be done during the
                                         duration of the shut down period.</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The
                                         Financial Covenant &ldquo;Minimum Liquidity&rdquo; shall not be taken into account.</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"></P>

<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">At
this point in time a full liquidity model on which the table D) was based does not have to be provided. But it shall be available
within the following 12 months in case questions arise.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Please
provide the description of assumptions. It shall include but not limited to the following:</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Start
                                         liquidity position / start date of calculation</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Assumptions
                                         for canceled cruises and the percentage of outflow of customer deposits</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Assumptions
                                         on new bookings after the shut down period / What kind of vouchers will be offered?</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Dividend,
                                         CAPEX and average monthly OPEX assumption</FONT></TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top; text-align: justify">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.5in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">For
                                         Case 1) the following details shall be provided as well: Total Revenue, Net Cruise Revenue,
                                         EBITDA, EBIT, Net Profit, Interest Expenses, Equity, Interest Bearing Debt, Total Assets</FONT></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>E)
Further questions</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1.</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">What
                                         support does the company expect from the local government?</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2.</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
                                         much can the operation in the offices and on board be reduced?</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: top">
<TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 0.25in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3.</FONT></TD><TD STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
                                         flexible is the company to restart its operation?</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>F)
Debt Holiday Regular Reporting Requirements - Monitoring within the 12 month Debt Holiday (starting point: approval)</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 4%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>No.</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt dotted; vertical-align: top; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 10%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Rhythm</B></FONT></TD>
    <TD STYLE="border: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 83%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Description</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">1.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Reporting
                                         of the liquidity position</B> (C1a-c) and current developments in respect to the measures
                                         C2 and C3 above.</FONT></P> <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
                                         case the Net Liquidity Position does decease to 6x the average cash burn rate (C4a) the
                                         ECA can decide on its own discretion whether a shorter reporting rhythm shall be implemented
                                         (e.g. weekly).</FONT></P> <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Def.
                                         &ldquo;Net Liquidity Position&rdquo; shall be the total free liquidity position (C1c)
                                         minus all planned debt repayments (bank loan, commercial papers, bonds) which are due
                                         within the following 6 months.</FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Booking
    Curve (average ticket price and occupancy including a comparison of both parameters at the same point in time in 2019)</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Status
    of the fleet: Active vessels (+ occupancy level) / Vessels in layup</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">4.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Confirmation
    that no dividends have been declared / paid within the current month.</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">5.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">bi-monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Other
                                         Creditors and Debtors:</B> What is the company asking from the other creditors (e.g.
                                         Bondholder, LeaseCos, FactorCos etc.) and what is their response? Do the respective documentation
                                         include cross default clauses?</FONT></P> <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">How
                                         do the debtors (like credit card companies) currently act? Do they withhold due payments?</FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">6.</FONT></TD>
    <TD STYLE="border-left: Black 1pt dotted; vertical-align: top; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">bi-monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Liquidity
                                         Forecast</B> of the following 12 months (based on secured liquidity and cost cutting
                                         measures and secured customer bookings)</FONT></P> <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
                                         case the Net Liquidity Position does decease to 6x the average cash burn rate (C4a) the
                                         ECA can decide on own discretion whether a shorter reporting rhythm shall be implemented.</FONT></P></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 4%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">7.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 10%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">bi-monthly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 83%"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Status
                                         of signed building contracts</B></FONT></P> <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: justify; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Background
- Extract from the preamble of the debt holiday terms and conditions: The intention of the Debt Holiday Initiative is to provide
an interim relief to the Companies in their debt service obligations under existing financings. It is the firm understanding of
the Lenders together with the respective ECAs that Companies taking advantage of the relief shall use its best endeavors fulfilling
their contractual obligations under their existing shipbuilding contracts with the yard, i.e. do not unreasonably, unduly, and
without consultation delay instalments and scheduled vessel deliveries and work reasonably together with the yards to resolve
any crisis-related construction delays. For the avoidance of doubt, all measures to maintain a sufficient liquidity position of
the Company during recovery will be considered reasonably by ECA.</FONT></P></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; text-align: left; vertical-align: top">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; width: 3%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 4%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 10%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; width: 83%"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">In
                                         the light of this intention the ECA shall be updated about the company`s current plans
                                         to amendment any building contract or about any upcoming negotiations with the national
                                         yard.</FONT></P></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">8.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">quarterly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Unaudited
    financial statements or management accounts (incl. P&amp;L (incl. EBITDA), balance sheet and cash flow statement)</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">9.</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt dotted; vertical-align: top; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">quarterly</FONT></TD>
    <TD STYLE="border-right: Black 1pt dotted; border-bottom: Black 1pt dotted; border-left: Black 1pt dotted; font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 5pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Despite
    the suspension of the official tests of the financial covenants the company shall provide the <B>calculation of the covenants</B>.</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 70.8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Herewith
the company confirms that the information above is true and accurate in all respects and based on the most recent &nbsp;information
available to the company.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-family: Arial, Helvetica, Sans-Serif; border-collapse: collapse; width: 100%">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 30%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-----------------------</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 70%; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">----------------------------------------------------</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(Date)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(Signature)</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Split-Segment; Name: 6 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">EXECUTION
VERSION - SPECTRUM</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 48%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed
    by</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 2%; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Royal
    Caribbean Cruises Ltd.</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as
    Borrower)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; vertical-align: middle; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; vertical-align: middle; text-align: left; padding-bottom: 1.5pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
                                         LUCY SHTENKO</FONT></P>


</TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="padding-left: 0.625in; font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">LUCY
    SHTENKO</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; vertical-align: middle; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; vertical-align: middle; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>

<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="padding-left: 0.625in; font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><P STYLE="font-family: Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">ATTORNEY-IN-FACT</FONT></P>


</TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; vertical-align: middle; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed
    by</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>KfW
    IPEX-Bank GmbH</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as
    Lender and Initial Mandated</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Lead
    Arranger)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    MICHAEL BURGESS</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="padding-left: 0.625in; font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">MICHAEL
    BURGESS</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="padding-left: 0.625in; font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">ATTORNEY-IN-FACT</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-indent: 0.75in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed
    by</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Bayerische
    Landesbank Munich</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as
    Lender and Mandated Lead Arranger)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    HERTA ALBERT</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    MARIE-SOPHIE SCHWARZ</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed
    by</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>BNP
    Paribas Fortis S.A./N.V.</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    VERONIQUE DE SCHEPPER</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as
    Lender and Mandated Lead Arranger)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Veronique
    de Schepper</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Head
    of Middle Office</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financing
    Solutions Brussels</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    THI KAREN CHU VAN</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Thi
    Karen Chu Van</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Business
    Management</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financing
    Solutions Brussels</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Signed
    by</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Commerzbank
    AG, New York Branch</B></FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(as
    Lender and Mandated Lead Arranger)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    CHRISTINA SERRANO</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    BIANCA NOTARI</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt">&nbsp;</TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.375in; text-align: left; padding-bottom: 1.5pt">&nbsp;</TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>



<!-- Field: Split-Segment; Name: 7 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 48%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Signed
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; width: 2%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-style: normal; font-weight: normal">)</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">DZ
    Bank AG, New York Branch</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-style: normal; font-weight: normal">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(as
    Lender and Mandated Lead Arranger)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-style: normal; font-weight: normal">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">acting
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-style: normal; font-weight: normal">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    MATTHEW BAMBURY</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.625in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">MATTHEW
    BAMBURY</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">its
    duly authorised</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.625in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">ATTORNEY-IN-FACT</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 48%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Signed
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; width: 2%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Skandinaviska
    Enskilda Banken AB (publ)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(as
    Lender and Mandated Lead Arranger)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">acting
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">/s/
    MICHELLE WING YEE TSUI</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.625in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">MICHELLE
    WING YEE TSUI</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">its
    duly authorised</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.625in; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">ATTORNEY-IN-FACT</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Signed
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">KfW
    IPEX-Bank GmbH (as Hermes Agent)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 48%; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 2%; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/
    MICHAEL BURGESS</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.625in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">MICHAEL
    BURGESS</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.625in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">ATTORNEY-IN-FACT</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.5in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Signed
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">KfW
    IPEX-Bank GmbH (as Facility Agent)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 48%; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; width: 2%; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/
    MICHAEL BURGESS</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">acting
    by</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.625in; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">MICHAEL
    BURGESS</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">its
    duly authorised</FONT></TD>
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 10pt Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; padding-left: 0.625in; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">ATTORNEY-IN-FACT</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 1.5pt; text-align: right; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-left: 0.375in; padding-top: 1.5pt; text-align: left; padding-bottom: 1.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.75in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

<!-- Field: Page; Sequence: 32; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>tm2015547d1_ex10-1img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2015547d1_ex10-1img001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !] LD# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M/"NLZ;>W4;W$,UG T\EK(@$C*HR=G.&_.@#T6BO)/^&B/!O_ #ZZO_X#I_\
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M@Z*T;JV]64J@RP/=MQ[=*N6/@;3;*_BO_M5[<7J/+))//(K/,TB!"7PH'"J
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M2VO+WP3K=M8;OM<ME*L07JQ*G@>YZ?C6[69KNMV/A[1[G4]2F$-K N68]_0
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M#TJO'97=K(+J+1[B<S0R1R1RO$) [-N+'YMNUL\X.1@<4 :<DFGZ5>R7UYJ
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M%((\W(RR\Y/.#ZT6]EJ<>F:=I=[I<D\*6T:W$EMY0#,#]P[I,@# )(SG/&*
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MT;J(!*@^SDL3ALG!!W9.W/(Z&@#L@P;D4M5=/@:UL+>!VW-%$J$^I  S5J@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "J6IZ59:SI\UAJ%M'<VLR[7BD&0?\ Z]7:* /&]0_9S\.7
M-TTMGJ>H6D;'/E?+(%]@2 ?SS79>"?AGH'@7?+IZ2SWDB[7NK@AGQZ#   ^E
M=E10!A^+/"UEXQT";1M0EN(K:9E9FMV ?*D$8)!';TJ'P;X.T_P1HITO39KF
M6 RM+NN65FR<9Y50,<>E=%2&@#SGXB^!O"WBS5+2XU[4;^VFAA*1K;.H!7.<
MG*-S6(G[.O@YU#+J6N$$9!\Z+_XU73>.?^0E:_\ 7+^M=!;^(])2WC5KQ 0H
M!&#Z5U2P[]E&<$W<X(8U>WG3J-)1V.&'PT\'KX<;P3_:FI^2UZ+DG>GF^8%Q
MC/E[<8/I^-=UX:T"R\'^'8-(LY9WM;8,5>=@6P22<D #OZ5RL4\=SXW2:%M\
M;S@JWKQ73>++[[)HKHK8DG/ECZ=_TIU,-RSA!;R)HX[FIU*DMHMD&KRZ)XQT
MBZT"2\D$=ZFQC#\KXZ\$@CM5/P?X)T?X<Z9?)87-Y)!,PEE:Z96*X&.-JBN=
M$$^D-I]__P ]!Y@]L'I^6/SKO=6E6?PW=3(<J]N6!]B*=?#QA*/*[I_YDX7&
MSJTY\ZM**O\ A=')^-M-\*>/-/MK+5-3NH8[>0RH;7"L3C'.Y&XJ.X^'/ACQ
M+X+TWPVNI7[6&FN7C>*1!*3@_>RF/XCV%3>&=)T_4+2X>\7+(V =Y7 Q4.AX
MM?%HAM9"\)=TSG[RX/\ A6L\+2]Y1;O'[C&EF%;W)32M-VTW.5M?@=\/[VY^
MSV^LZXTN"=OFQ#IU_P"65=#8?"WPEX4TK5M-_M345AUB 02M/-&6"@DY7"
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ML6QT\V4,BO+(06VG.T#GFB^\$PS2F2TN#""<[&7</PYI;'P3!#*KW<YGP<[
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M#"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ H
MHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *#110 F*
M,4M% "8HQ2T4 &*3%+10 F*,4M% "8HQ2T4 )BC%+10 F*,4M% "8I<444 )
MBC%+10 F*,4M% !1110 4444 %%)10 M%)10 M%)10 M%)10 M%)10 M%)10
M M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10
M M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10
M M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10
L M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10 M%)10!__]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>5
<FILENAME>rcl-20200408.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" ?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.2a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
    <!-- Field: Doc-Info; Name: Misc; Value: +K85w7xRiXgen8uNbXAsWamNibPtzp5xaekhuWh2bUn6XywsOBCyVCoZALYmsf8C -->
<schema xmlns="http://www.w3.org/2001/XMLSchema" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2019-01-31" xmlns:srt="http://fasb.org/srt/2019-01-31" xmlns:srt-types="http://fasb.org/srt-types/2019-01-31" xmlns:rcl="http://royalcaribbean.com/20200408" elementFormDefault="qualified" targetNamespace="http://royalcaribbean.com/20200408">
    <annotation>
      <appinfo>
	<link:roleType roleURI="http://royalcaribbean.com/role/Cover" id="Cover">
	  <link:definition>00000001 - Document - Cover</link:definition>
	  <link:usedOn>link:presentationLink</link:usedOn>
	  <link:usedOn>link:calculationLink</link:usedOn>
	  <link:usedOn>link:definitionLink</link:usedOn>
	</link:roleType>
	<link:linkbaseRef xlink:type="simple" xlink:href="rcl-20200408_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Presentation Links" />
	<link:linkbaseRef xlink:type="simple" xlink:href="rcl-20200408_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:title="Label Links" />
      </appinfo>
    </annotation>
    <import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
    <import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
    <import namespace="http://xbrl.sec.gov/dei/2019-01-31" schemaLocation="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd" />
    <import namespace="http://fasb.org/us-gaap/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd" />
    <import namespace="http://fasb.org/us-types/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
    <import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
    <import namespace="http://xbrl.sec.gov/country/2017-01-31" schemaLocation="https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd" />
    <import namespace="http://fasb.org/srt/2019-01-31" schemaLocation="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd" />
    <import namespace="http://fasb.org/srt-types/2019-01-31" schemaLocation="http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd" />
</schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>rcl-20200408_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.2a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" roleURI="http://www.xbrl.org/2009/role/negatedLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" />
    <link:roleRef xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" roleURI="http://www.xbrl.org/2009/role/netLabel" />
    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CoverAbstract" xlink:to="dei_CoverAbstract_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CoverAbstract_lbl" xml:lang="en-US">Cover [Abstract]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="dei_DocumentType" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentType_lbl" xml:lang="en-US">Document Type</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="dei_AmendmentFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentFlag_lbl" xml:lang="en-US">Amendment Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentDescription" xlink:label="dei_AmendmentDescription" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentDescription" xlink:to="dei_AmendmentDescription_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AmendmentDescription_lbl" xml:lang="en-US">Amendment Description</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentRegistrationStatement" xlink:label="dei_DocumentRegistrationStatement" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentRegistrationStatement" xlink:to="dei_DocumentRegistrationStatement_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentRegistrationStatement_lbl" xml:lang="en-US">Document Registration Statement</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAnnualReport" xlink:label="dei_DocumentAnnualReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAnnualReport" xlink:to="dei_DocumentAnnualReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAnnualReport_lbl" xml:lang="en-US">Document Annual Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="dei_DocumentQuarterlyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentQuarterlyReport" xlink:to="dei_DocumentQuarterlyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentQuarterlyReport_lbl" xml:lang="en-US">Document Quarterly Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentTransitionReport" xlink:label="dei_DocumentTransitionReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentTransitionReport" xlink:to="dei_DocumentTransitionReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentTransitionReport_lbl" xml:lang="en-US">Document Transition Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="dei_DocumentShellCompanyReport" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyReport" xlink:to="dei_DocumentShellCompanyReport_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyReport_lbl" xml:lang="en-US">Document Shell Company Report</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyEventDate" xlink:label="dei_DocumentShellCompanyEventDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentShellCompanyEventDate" xlink:to="dei_DocumentShellCompanyEventDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentShellCompanyEventDate_lbl" xml:lang="en-US">Document Shell Company Event Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodStartDate" xlink:label="dei_DocumentPeriodStartDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodStartDate" xlink:to="dei_DocumentPeriodStartDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodStartDate_lbl" xml:lang="en-US">Document Period Start Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="dei_DocumentPeriodEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentPeriodEndDate_lbl" xml:lang="en-US">Document Period End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="dei_DocumentFiscalPeriodFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xml:lang="en-US">Document Fiscal Period Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="dei_DocumentFiscalYearFocus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentFiscalYearFocus_lbl" xml:lang="en-US">Document Fiscal Year Focus</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="dei_CurrentFiscalYearEndDate" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xml:lang="en-US">Current Fiscal Year End Date</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="dei_EntityFileNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFileNumber" xlink:to="dei_EntityFileNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFileNumber_lbl" xml:lang="en-US">Entity File Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="dei_EntityRegistrantName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityRegistrantName_lbl" xml:lang="en-US">Entity Registrant Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="dei_EntityCentralIndexKey" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCentralIndexKey_lbl" xml:lang="en-US">Entity Central Index Key</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPrimarySicNumber" xlink:label="dei_EntityPrimarySicNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPrimarySicNumber" xlink:to="dei_EntityPrimarySicNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPrimarySicNumber_lbl" xml:lang="en-US">Entity Primary SIC Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="dei_EntityTaxIdentificationNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityTaxIdentificationNumber" xlink:to="dei_EntityTaxIdentificationNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xml:lang="en-US">Entity Tax Identification Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="dei_EntityIncorporationStateCountryCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityIncorporationStateCountryCode" xlink:to="dei_EntityIncorporationStateCountryCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="dei_EntityAddressAddressLine1" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine1" xlink:to="dei_EntityAddressAddressLine1_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine1_lbl" xml:lang="en-US">Entity Address, Address Line One</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="dei_EntityAddressAddressLine2" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine2" xlink:to="dei_EntityAddressAddressLine2_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine2_lbl" xml:lang="en-US">Entity Address, Address Line Two</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="dei_EntityAddressAddressLine3" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressAddressLine3" xlink:to="dei_EntityAddressAddressLine3_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressAddressLine3_lbl" xml:lang="en-US">Entity Address, Address Line Three</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="dei_EntityAddressCityOrTown" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCityOrTown" xlink:to="dei_EntityAddressCityOrTown_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCityOrTown_lbl" xml:lang="en-US">Entity Address, City or Town</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="dei_EntityAddressStateOrProvince" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressStateOrProvince" xlink:to="dei_EntityAddressStateOrProvince_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressStateOrProvince_lbl" xml:lang="en-US">Entity Address, State or Province</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCountry" xlink:label="dei_EntityAddressCountry" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressCountry" xlink:to="dei_EntityAddressCountry_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressCountry_lbl" xml:lang="en-US">Entity Address, Country</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityAddressPostalZipCode" xlink:to="dei_EntityAddressPostalZipCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityAddressPostalZipCode_lbl" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CountryRegion" xlink:label="dei_CountryRegion" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CountryRegion" xlink:to="dei_CountryRegion_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CountryRegion_lbl" xml:lang="en-US">Country Region</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="dei_CityAreaCode" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CityAreaCode" xlink:to="dei_CityAreaCode_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_CityAreaCode_lbl" xml:lang="en-US">City Area Code</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_LocalPhoneNumber" xlink:to="dei_LocalPhoneNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_LocalPhoneNumber_lbl" xml:lang="en-US">Local Phone Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Extension" xlink:label="dei_Extension" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Extension" xlink:to="dei_Extension_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Extension_lbl" xml:lang="en-US">Extension</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="dei_WrittenCommunications" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_WrittenCommunications" xlink:to="dei_WrittenCommunications_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_WrittenCommunications_lbl" xml:lang="en-US">Written Communications</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="dei_SolicitingMaterial" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SolicitingMaterial" xlink:to="dei_SolicitingMaterial_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SolicitingMaterial_lbl" xml:lang="en-US">Soliciting Material</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="dei_PreCommencementTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementTenderOffer" xlink:to="dei_PreCommencementTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementTenderOffer_lbl" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="dei_PreCommencementIssuerTenderOffer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_PreCommencementIssuerTenderOffer" xlink:to="dei_PreCommencementIssuerTenderOffer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_PreCommencementIssuerTenderOffer_lbl" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="dei_Security12bTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12bTitle" xlink:to="dei_Security12bTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12bTitle_lbl" xml:lang="en-US">Title of 12(b) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="dei_NoTradingSymbolFlag" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_NoTradingSymbolFlag" xlink:to="dei_NoTradingSymbolFlag_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_NoTradingSymbolFlag_lbl" xml:lang="en-US">No Trading Symbol Flag</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_TradingSymbol_lbl" xml:lang="en-US">Trading Symbol</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="dei_SecurityExchangeName" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityExchangeName" xlink:to="dei_SecurityExchangeName_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityExchangeName_lbl" xml:lang="en-US">Security Exchange Name</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12gTitle" xlink:label="dei_Security12gTitle" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_Security12gTitle" xlink:to="dei_Security12gTitle_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_Security12gTitle_lbl" xml:lang="en-US">Title of 12(g) Security</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityReportingObligation" xlink:label="dei_SecurityReportingObligation" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_SecurityReportingObligation" xlink:to="dei_SecurityReportingObligation_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_SecurityReportingObligation_lbl" xml:lang="en-US">Security Reporting Obligation</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AnnualInformationForm" xlink:label="dei_AnnualInformationForm" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AnnualInformationForm" xlink:to="dei_AnnualInformationForm_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AnnualInformationForm_lbl" xml:lang="en-US">Annual Information Form</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="dei_AuditedAnnualFinancialStatements" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AuditedAnnualFinancialStatements" xlink:to="dei_AuditedAnnualFinancialStatements_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_AuditedAnnualFinancialStatements_lbl" xml:lang="en-US">Audited Annual Financial Statements</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="dei_EntityWellKnownSeasonedIssuer" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityWellKnownSeasonedIssuer" xlink:to="dei_EntityWellKnownSeasonedIssuer_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityWellKnownSeasonedIssuer_lbl" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="dei_EntityVoluntaryFilers" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityVoluntaryFilers" xlink:to="dei_EntityVoluntaryFilers_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityVoluntaryFilers_lbl" xml:lang="en-US">Entity Voluntary Filers</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="dei_EntityCurrentReportingStatus" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCurrentReportingStatus" xlink:to="dei_EntityCurrentReportingStatus_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCurrentReportingStatus_lbl" xml:lang="en-US">Entity Current Reporting Status</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="dei_EntityInteractiveDataCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityInteractiveDataCurrent" xlink:to="dei_EntityInteractiveDataCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xml:lang="en-US">Entity Interactive Data Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityFilerCategory" xlink:to="dei_EntityFilerCategory_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityFilerCategory_lbl" xml:lang="en-US">Entity Filer Category</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitySmallBusiness" xlink:label="dei_EntitySmallBusiness" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntitySmallBusiness" xlink:to="dei_EntitySmallBusiness_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntitySmallBusiness_lbl" xml:lang="en-US">Entity Small Business</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityEmergingGrowthCompany" xlink:to="dei_EntityEmergingGrowthCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xml:lang="en-US">Entity Emerging Growth Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="dei_EntityExTransitionPeriod" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityExTransitionPeriod" xlink:to="dei_EntityExTransitionPeriod_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityExTransitionPeriod_lbl" xml:lang="en-US">Elected Not To Use the Extended Transition Period</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="dei_DocumentAccountingStandard" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentAccountingStandard" xlink:to="dei_DocumentAccountingStandard_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentAccountingStandard_lbl" xml:lang="en-US">Document Accounting Standard</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="dei_OtherReportingStandardItemNumber" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_OtherReportingStandardItemNumber" xlink:to="dei_OtherReportingStandardItemNumber_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_OtherReportingStandardItemNumber_lbl" xml:lang="en-US">Other Reporting Standard Item Number</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityShellCompany" xlink:label="dei_EntityShellCompany" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityShellCompany" xlink:to="dei_EntityShellCompany_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityShellCompany_lbl" xml:lang="en-US">Entity Shell Company</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPublicFloat" xlink:label="dei_EntityPublicFloat" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityPublicFloat" xlink:to="dei_EntityPublicFloat_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityPublicFloat_lbl" xml:lang="en-US">Entity Public Float</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityBankruptcyProceedingsReportingCurrent" xlink:to="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityBankruptcyProceedingsReportingCurrent_lbl" xml:lang="en-US">Entity Bankruptcy Proceedings, Reporting Current</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="dei_EntityCommonStockSharesOutstanding" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCommonStockSharesOutstanding" xlink:to="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentsIncorporatedByReferenceTextBlock" xlink:to="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="dei_DocumentsIncorporatedByReferenceTextBlock_lbl" xml:lang="en-US">Documents Incorporated by Reference [Text Block]</link:label>
    </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>rcl-20200408_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII" standalone="no"?>
    <!-- Field: Doc-Info; Name: Generator; Value: GoFiler Complete; Version: 5.2a -->
    <!-- Field: Doc-Info; Name: VendorURI; Value: http://www.novaworks.co -->
    <!-- Field: Doc-Info; Name: Status; Value: 0x00000000 -->
<link:linkbase xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
    <link:roleRef roleURI="http://royalcaribbean.com/role/Cover" xlink:href="rcl-20200408.xsd#Cover" xlink:type="simple" />
    <link:presentationLink xlink:type="extended" xlink:role="http://royalcaribbean.com/role/Cover" xlink:title="00000001 - Document - Cover">
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="loc_deiCoverAbstract" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_deiDocumentType" />
      <link:presentationArc order="0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentType" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_deiAmendmentFlag" />
      <link:presentationArc order="10" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentDescription" xlink:label="loc_deiAmendmentDescription" />
      <link:presentationArc order="20" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAmendmentDescription" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentRegistrationStatement" xlink:label="loc_deiDocumentRegistrationStatement" />
      <link:presentationArc order="30" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentRegistrationStatement" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAnnualReport" xlink:label="loc_deiDocumentAnnualReport" />
      <link:presentationArc order="40" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAnnualReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentQuarterlyReport" xlink:label="loc_deiDocumentQuarterlyReport" />
      <link:presentationArc order="50" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentQuarterlyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentTransitionReport" xlink:label="loc_deiDocumentTransitionReport" />
      <link:presentationArc order="60" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentTransitionReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyReport" xlink:label="loc_deiDocumentShellCompanyReport" />
      <link:presentationArc order="70" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyReport" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentShellCompanyEventDate" xlink:label="loc_deiDocumentShellCompanyEventDate" />
      <link:presentationArc order="80" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentShellCompanyEventDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodStartDate" xlink:label="loc_deiDocumentPeriodStartDate" />
      <link:presentationArc order="90" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodStartDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_deiDocumentPeriodEndDate" />
      <link:presentationArc order="100" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentPeriodEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:label="loc_deiDocumentFiscalPeriodFocus" />
      <link:presentationArc order="110" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalPeriodFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:label="loc_deiDocumentFiscalYearFocus" />
      <link:presentationArc order="120" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentFiscalYearFocus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:label="loc_deiCurrentFiscalYearEndDate" />
      <link:presentationArc order="130" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCurrentFiscalYearEndDate" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_deiEntityFileNumber" />
      <link:presentationArc order="140" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFileNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_deiEntityRegistrantName" />
      <link:presentationArc order="150" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityRegistrantName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_deiEntityCentralIndexKey" />
      <link:presentationArc order="160" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCentralIndexKey" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPrimarySicNumber" xlink:label="loc_deiEntityPrimarySicNumber" />
      <link:presentationArc order="170" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPrimarySicNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_deiEntityTaxIdentificationNumber" />
      <link:presentationArc order="180" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityTaxIdentificationNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_deiEntityIncorporationStateCountryCode" />
      <link:presentationArc order="190" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityIncorporationStateCountryCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_deiEntityAddressAddressLine1" />
      <link:presentationArc order="200" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine1" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_deiEntityAddressAddressLine2" />
      <link:presentationArc order="210" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine2" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine3" xlink:label="loc_deiEntityAddressAddressLine3" />
      <link:presentationArc order="220" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressAddressLine3" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_deiEntityAddressCityOrTown" />
      <link:presentationArc order="230" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCityOrTown" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_deiEntityAddressStateOrProvince" />
      <link:presentationArc order="240" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressStateOrProvince" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCountry" xlink:label="loc_deiEntityAddressCountry" />
      <link:presentationArc order="250" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressCountry" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_deiEntityAddressPostalZipCode" />
      <link:presentationArc order="260" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityAddressPostalZipCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CountryRegion" xlink:label="loc_deiCountryRegion" />
      <link:presentationArc order="270" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCountryRegion" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_deiCityAreaCode" />
      <link:presentationArc order="280" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiCityAreaCode" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_deiLocalPhoneNumber" />
      <link:presentationArc order="290" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiLocalPhoneNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Extension" xlink:label="loc_deiExtension" />
      <link:presentationArc order="300" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiExtension" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_deiWrittenCommunications" />
      <link:presentationArc order="310" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiWrittenCommunications" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_deiSolicitingMaterial" />
      <link:presentationArc order="320" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSolicitingMaterial" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_deiPreCommencementTenderOffer" />
      <link:presentationArc order="330" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_deiPreCommencementIssuerTenderOffer" />
      <link:presentationArc order="340" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiPreCommencementIssuerTenderOffer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_deiSecurity12bTitle" />
      <link:presentationArc order="350" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12bTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_NoTradingSymbolFlag" xlink:label="loc_deiNoTradingSymbolFlag" />
      <link:presentationArc order="360" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiNoTradingSymbolFlag" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_deiTradingSymbol" />
      <link:presentationArc order="370" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiTradingSymbol" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_deiSecurityExchangeName" />
      <link:presentationArc order="380" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityExchangeName" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12gTitle" xlink:label="loc_deiSecurity12gTitle" />
      <link:presentationArc order="390" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurity12gTitle" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityReportingObligation" xlink:label="loc_deiSecurityReportingObligation" />
      <link:presentationArc order="400" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiSecurityReportingObligation" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AnnualInformationForm" xlink:label="loc_deiAnnualInformationForm" />
      <link:presentationArc order="410" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAnnualInformationForm" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AuditedAnnualFinancialStatements" xlink:label="loc_deiAuditedAnnualFinancialStatements" />
      <link:presentationArc order="420" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiAuditedAnnualFinancialStatements" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityWellKnownSeasonedIssuer" xlink:label="loc_deiEntityWellKnownSeasonedIssuer" />
      <link:presentationArc order="430" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityWellKnownSeasonedIssuer" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityVoluntaryFilers" xlink:label="loc_deiEntityVoluntaryFilers" />
      <link:presentationArc order="440" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityVoluntaryFilers" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCurrentReportingStatus" xlink:label="loc_deiEntityCurrentReportingStatus" />
      <link:presentationArc order="450" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCurrentReportingStatus" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInteractiveDataCurrent" xlink:label="loc_deiEntityInteractiveDataCurrent" />
      <link:presentationArc order="460" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityInteractiveDataCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFilerCategory" xlink:label="loc_deiEntityFilerCategory" />
      <link:presentationArc order="470" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityFilerCategory" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitySmallBusiness" xlink:label="loc_deiEntitySmallBusiness" />
      <link:presentationArc order="480" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntitySmallBusiness" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_deiEntityEmergingGrowthCompany" />
      <link:presentationArc order="490" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityEmergingGrowthCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityExTransitionPeriod" xlink:label="loc_deiEntityExTransitionPeriod" />
      <link:presentationArc order="500" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityExTransitionPeriod" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentAccountingStandard" xlink:label="loc_deiDocumentAccountingStandard" />
      <link:presentationArc order="510" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentAccountingStandard" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_OtherReportingStandardItemNumber" xlink:label="loc_deiOtherReportingStandardItemNumber" />
      <link:presentationArc order="520" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiOtherReportingStandardItemNumber" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityShellCompany" xlink:label="loc_deiEntityShellCompany" />
      <link:presentationArc order="530" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityShellCompany" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityPublicFloat" xlink:label="loc_deiEntityPublicFloat" />
      <link:presentationArc order="540" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityPublicFloat" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityBankruptcyProceedingsReportingCurrent" xlink:label="loc_deiEntityBankruptcyProceedingsReportingCurrent" />
      <link:presentationArc order="550" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityBankruptcyProceedingsReportingCurrent" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:label="loc_deiEntityCommonStockSharesOutstanding" />
      <link:presentationArc order="560" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiEntityCommonStockSharesOutstanding" xlink:type="arc" />
      <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentsIncorporatedByReferenceTextBlock" xlink:label="loc_deiDocumentsIncorporatedByReferenceTextBlock" />
      <link:presentationArc order="570" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_deiCoverAbstract" xlink:to="loc_deiDocumentsIncorporatedByReferenceTextBlock" xlink:type="arc" />
    </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>8
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "tm2015547-1_8k.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 1,
   "dts": {
    "definitionLink": {
     "remote": [
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml",
      "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml"
     ]
    },
    "inline": {
     "local": [
      "tm2015547-1_8k.htm"
     ]
    },
    "labelLink": {
     "local": [
      "rcl-20200408_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "rcl-20200408_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "rcl-20200408.xsd"
     ],
     "remote": [
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd",
      "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 59,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2019-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "rcl",
   "nsuri": "http://royalcaribbean.com/20200408",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2015547-1_8k.htm",
      "contextRef": "From2020-04-07to2020-04-08",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "00000001 - Document - Cover",
     "role": "http://royalcaribbean.com/role/Cover",
     "shortName": "Cover",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "b",
       "span",
       "p",
       "body",
       "html"
      ],
      "baseRef": "tm2015547-1_8k.htm",
      "contextRef": "From2020-04-07to2020-04-08",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentDescription": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Description of changes contained within amended document.",
        "label": "Amendment Description"
       }
      }
     },
     "localname": "AmendmentDescription",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AnnualInformationForm": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.",
        "label": "Annual Information Form"
       }
      }
     },
     "localname": "AnnualInformationForm",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_AuditedAnnualFinancialStatements": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.",
        "label": "Audited Annual Financial Statements"
       }
      }
     },
     "localname": "AuditedAnnualFinancialStatements",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CountryRegion": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Region code of country",
        "label": "Country Region"
       }
      }
     },
     "localname": "CountryRegion",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_CurrentFiscalYearEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "End date of current fiscal year in the format --MM-DD.",
        "label": "Current Fiscal Year End Date"
       }
      }
     },
     "localname": "CurrentFiscalYearEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "gMonthDayItemType"
    },
    "dei_DocumentAccountingStandard": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.",
        "label": "Document Accounting Standard"
       }
      }
     },
     "localname": "DocumentAccountingStandard",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "accountingStandardItemType"
    },
    "dei_DocumentAnnualReport": {
     "auth_ref": [
      "r13"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an annual report.",
        "label": "Document Annual Report"
       }
      }
     },
     "localname": "DocumentAnnualReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentFiscalPeriodFocus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Fiscal period values are FY, Q1, Q2, and Q3.  1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.",
        "label": "Document Fiscal Period Focus"
       }
      }
     },
     "localname": "DocumentFiscalPeriodFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "fiscalPeriodItemType"
    },
    "dei_DocumentFiscalYearFocus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.",
        "label": "Document Fiscal Year Focus"
       }
      }
     },
     "localname": "DocumentFiscalYearFocus",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "gYearItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",
        "label": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentPeriodStartDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The start date of the period covered in the document, in CCYY-MM-DD format.",
        "label": "Document Period Start Date"
       }
      }
     },
     "localname": "DocumentPeriodStartDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentQuarterlyReport": {
     "auth_ref": [
      "r9"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as an quarterly report.",
        "label": "Document Quarterly Report"
       }
      }
     },
     "localname": "DocumentQuarterlyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentRegistrationStatement": {
     "auth_ref": [
      "r14"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a registration statement.",
        "label": "Document Registration Statement"
       }
      }
     },
     "localname": "DocumentRegistrationStatement",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentShellCompanyEventDate": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Date of event requiring a shell company report.",
        "label": "Document Shell Company Event Date"
       }
      }
     },
     "localname": "DocumentShellCompanyEventDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentShellCompanyReport": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.",
        "label": "Document Shell Company Report"
       }
      }
     },
     "localname": "DocumentShellCompanyReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentTransitionReport": {
     "auth_ref": [
      "r12"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a form used as a transition report.",
        "label": "Document Transition Report"
       }
      }
     },
     "localname": "DocumentTransitionReport",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_DocumentsIncorporatedByReferenceTextBlock": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Documents incorporated by reference.",
        "label": "Documents Incorporated by Reference [Text Block]"
       }
      }
     },
     "localname": "DocumentsIncorporatedByReferenceTextBlock",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "textBlockItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine3": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 3 such as an Office Park",
        "label": "Entity Address, Address Line Three"
       }
      }
     },
     "localname": "EntityAddressAddressLine3",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCountry": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "ISO 3166-1 alpha-2 country code.",
        "label": "Entity Address, Country"
       }
      }
     },
     "localname": "EntityAddressCountry",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "countryCodeItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityBankruptcyProceedingsReportingCurrent": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not.  Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.",
        "label": "Entity Bankruptcy Proceedings, Reporting Current"
       }
      }
     },
     "localname": "EntityBankruptcyProceedingsReportingCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityCommonStockSharesOutstanding": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.",
        "label": "Entity Common Stock, Shares Outstanding"
       }
      }
     },
     "localname": "EntityCommonStockSharesOutstanding",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "sharesItemType"
    },
    "dei_EntityCurrentReportingStatus": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Current Reporting Status"
       }
      }
     },
     "localname": "EntityCurrentReportingStatus",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityExTransitionPeriod": {
     "auth_ref": [
      "r18"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.",
        "label": "Elected Not To Use the Extended Transition Period"
       }
      }
     },
     "localname": "EntityExTransitionPeriod",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityFilerCategory": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.",
        "label": "Entity Filer Category"
       }
      }
     },
     "localname": "EntityFilerCategory",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "filerCategoryItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInteractiveDataCurrent": {
     "auth_ref": [
      "r16"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).",
        "label": "Entity Interactive Data Current"
       }
      }
     },
     "localname": "EntityInteractiveDataCurrent",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityPrimarySicNumber": {
     "auth_ref": [
      "r11"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.",
        "label": "Entity Primary SIC Number"
       }
      }
     },
     "localname": "EntityPrimarySicNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "sicNumberItemType"
    },
    "dei_EntityPublicFloat": {
     "auth_ref": [],
     "crdr": "credit",
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.",
        "label": "Entity Public Float"
       }
      }
     },
     "localname": "EntityPublicFloat",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "monetaryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityShellCompany": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.",
        "label": "Entity Shell Company"
       }
      }
     },
     "localname": "EntityShellCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntitySmallBusiness": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).",
        "label": "Entity Small Business"
       }
      }
     },
     "localname": "EntitySmallBusiness",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r15"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_EntityVoluntaryFilers": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.",
        "label": "Entity Voluntary Filers"
       }
      }
     },
     "localname": "EntityVoluntaryFilers",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_EntityWellKnownSeasonedIssuer": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.",
        "label": "Entity Well-known Seasoned Issuer"
       }
      }
     },
     "localname": "EntityWellKnownSeasonedIssuer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "yesNoItemType"
    },
    "dei_Extension": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Extension number for local phone number.",
        "label": "Extension"
       }
      }
     },
     "localname": "Extension",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_NoTradingSymbolFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true only for a security having no trading symbol.",
        "label": "No Trading Symbol Flag"
       }
      }
     },
     "localname": "NoTradingSymbolFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_OtherReportingStandardItemNumber": {
     "auth_ref": [
      "r10"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.",
        "label": "Other Reporting Standard Item Number"
       }
      }
     },
     "localname": "OtherReportingStandardItemNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "otherReportingStandardItemNumberItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_Security12gTitle": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(g) registered security.",
        "label": "Title of 12(g) Security"
       }
      }
     },
     "localname": "Security12gTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SecurityReportingObligation": {
     "auth_ref": [
      "r7"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.",
        "label": "Security Reporting Obligation"
       }
      }
     },
     "localname": "SecurityReportingObligation",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "securityReportingObligationItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r8"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r17"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://royalcaribbean.com/role/Cover"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 3
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-23"
  },
  "r10": {
   "Name": "Form 20-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220",
   "Subsection": "f"
  },
  "r11": {
   "Name": "Form 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "240",
   "Subsection": "f"
  },
  "r12": {
   "Name": "Forms 10-K, 10-Q, 20-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-1-"
  },
  "r13": {
   "Name": "Forms 10-K, 20-F, 40-F",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d-1"
  },
  "r14": {
   "Name": "Forms 20-F, 40-F",
   "Number": "249",
   "Publisher": "SEC",
   "Section": "220 and 240",
   "Subsection": "f"
  },
  "r15": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r16": {
   "Name": "Regulation S-T",
   "Number": "232",
   "Publisher": "SEC",
   "Section": "405"
  },
  "r17": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  },
  "r18": {
   "Name": "Securities Act",
   "Number": "7A",
   "Publisher": "SEC",
   "Section": "B",
   "Subsection": "2"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "g"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12, 13, 15d"
  },
  "r5": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r6": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r7": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "15",
   "Subsection": "d"
  },
  "r8": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r9": {
   "Name": "Form 10-Q",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13",
   "Subsection": "a-13"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>9
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
M4$L#!!0    ( )*(BE ?(\\#P    !,"   +    7W)E;',O+G)E;'.MDD^+
MPD ,Q;]*F?L:5\'#8CUYZ6U9_ )Q)OU#.Y,A$[%^>X>];+=44/ 87O+>CT?V
M/S2@=AQ2V\54C'X(J32M:OP"2+8ECVG%D4)6:A:/FD=I(*+ML2'8K-<[D*F'
M.>RGGD7E2B.5^S3%":4A+<TXP)6E/S/WJVR;A5ND9T*YKCM+1[873T$7LF<;
M!I99-G\LCNVW<+ZT+/0:S>,*P).B0\5?UX^8 TBTH_0(:+L A#&^NQT:E8(C
M-R."?S]PN -02P,$%     @ DHB*4"?HAPZ"    L0   !    !D;V-0<F]P
M<R]A<' N>&UL38Y-"\(P$$3_2NG=;BGH06) L$?!D_>0;FP@R8;-"OGYIH(?
MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
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M?_C=A%UO[,'^8^.KH&SAUUW(+U!+ P04    " "2B(I0F5R<(Q &  "<)P
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MERF_*?EBTK(#.1'_\''P=1_]!5!+ P04    " "2B(I0NJ$YBM<!   R!@
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MY];0\$'B<UCQ',SI;G\*+TWRL&6=-XJ<[O9GJ,6@WLX%][]$\0-02P,$%
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M2P$"% ,4    " "2B(I0)^B'#H(   "Q    $               @ 'I
M9&]C4')O<',O87!P+GAM;%!+ 0(4 Q0    ( )*(BE FN:JM[@   "L"   1
M              "  9D!  !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0    (
M )*(BE"97)PC$ 8  )PG   3              "  ;8"  !X;"]T:&5M92]T
M:&5M93$N>&UL4$L! A0#%     @ DHB*4&5P><V= @  DPL  !@
M     ( !]P@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0    (
M )*(BE"/Q4JO5 (  .,%   4              "  <H+  !X;"]S:&%R9613
M=')I;F=S+GAM;%!+ 0(4 Q0    ( )*(BE"ZH3F*UP$  #(&   -
M      "  5 .  !X;"]S='EL97,N>&UL4$L! A0#%     @ DHB*4# #][XW
M 0  (@(   \              ( !4A   'AL+W=O<FMB;V]K+GAM;%!+ 0(4
M Q0    ( )*(BE#_P"8(O0   (4"   :              "  ;81  !X;"]?
M<F5L<R]W;W)K8F]O:RYX;6PN<F5L<U!+ 0(4 Q0    ( )*(BE +C]@#(0$
M %<$   3              "  :L2  !;0V]N=&5N=%]4>7!E<UTN>&UL4$L%
3!@     *  H @ (  /T3      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>10
<FILENAME>0001104659-20-045587-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001104659-20-045587-xbrl.zip
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MF[NNQ9;8K7:)7RN<$;'GOU!+ P04    " "2B(I0C0:JSEL'   _60  %
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M;9TPS!UA^9BSI,\E"=['5\R@E!$SV!I9B)!OB'A2^=PDJP<E$TK=5(W>GG^
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M7X.YB8]M9Q^3(I@% Q?G+=EVXZ'"GU#7IH);%J->T?8'\  LO5:JYY3\,>K
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MV&#<1:X?9BV^,\_Q)90![TZ6A'WL.6AJ&;$FQ-9I(1AV _J%J;Z\;,X&,T#
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M#:)<J@%],8^M''QU>H2J7#XYQ.A>?9#G!;*%@XR 60:3]CGVU.FP3P?MD[@
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MNBR:$$C>"=&J.PS-;C;-[JV29O_1_Z,"S5Y>7?SWSBGW[MDOP][G9_#>SR+
M?3ZY0_,8K=Y/W')<!PX ?61(>[-)>W^=2)L(]M)S(G@/^Q6(E;PS7P2WX=T!
M]^Z,^K#I]'I07_6AG"#G4"<J<NPI[YF'\I?HEZ^UW_]%!S%S>K23<[[ $)PT
MM;<_(9T^EPXO?_V%W5R? 7D/N[N=@X/]([OS?\7WSNY.QQG>[>YVVO\:W?W
M3K[<_NV''Q(*6.H^:W*L_6Y+#O&.-B(]".80K((3_#\[.^R3(US[ [OB=^(C
M/.3/6'@6!K;8SHX^&N>7OY>)XTZWQ&-UB)_U_ ",KN2S4Y=;]ZP#(PI]U[%_
M^+D\1D$AS]P,?E 4 @,H&<L(AKS3"P2_W^F)OA_ J+G[R,=A7MX>EHP2AYX=
M1NZ=J8\L]^;,8KW#U9(+]-9)Z?FB^PRN!O$:+M+#NN[K^J*H?RXP?8B4C&1:
MXP%/6=,7R7\EU:?'0(L:M60).;7A=Q'8W.-31YUH#"DGLFW'NY/\9F]4\A;2
MV_4P#_Y:%@O0#]$\:N\EOO].7LU\<KQ+'LXE'/5@%(B(1]GDB/G&ENSN7TMH
M;\$#[>;L%J65U)2<EKQGW7J1$(@+,,N >L(7C,N0S%+W:*]>)',N^B( :Y[=
M@@%N#43-"&?/$(X>UGZ]".=:@*P*03GE=60XAFZ281W4BVZ2+,<0G8D3CL1Z
MD=&^(2,]K,-ZD=$G@<;7F1\"'6&\[^+[2'BAJ!L?ZA@*2H9U5"\*^NK#9Y*(
M8C*]>!#!;[<#)[#9%44[KI$BPI8<ZR\^+)H'KV=?^&.+_3T.G-!V+)1^1(%7
M@0^/4S'HNI'A@2%#/:P;T'+MV!6L9O;_[4"P3XX'6K@@\G/JQ\P.#15-4%'-
M7  7_;X GO0@&!8/ &_S^DXP?(Y+:>G4=&2H:8*::N8=2!U*(-Z$)>P:BK9C
M0T839%0_7P$?4^6:'F'-B"A35V6(2!-1S1P'G_Q@B 6/EU[?5Q(-]"3K/AN_
MJPDUE;J[EY^W\:( 8^VR*[HFN\)D5RPUNR)Q16XU,@[()S,M7GODZ[*\JGJ9
M9?G+2_[.ET&;;5K0-IV*Z%$([\/:+NE\:3!_7)[??O[;#Y3_\MQ9/56$.C,G
M?4KZ^=3,\_UN^^#@)6H(E5VN),-\02670( MQIGE!R,_D J>X^G?$,W"@E]0
M3=-IZ"Y_1(T0?P03(^ZYCE5A%'#G%Z<'D^#LT8D&+!!W3A@)#(;[_;YC"<8C
M=KS+3@.?V^PF @D1M=BOOA?X#PXL@GYE]D';4:5D>XFP@8=0U8WB&L@/FQ_1
MJSRA2,Y1 5).GE62OLWY7,GY[*[D?%:CR#YYH+$RR?'@Q5$LO3\.>GZ<OB-A
M9W2)J>.QU)L.M._?"7A;0 <R(6UU<4K9%4:#<17!K0%PA<+SS$%Y0P=E;U6"
M[$6E?5)\61$*J+0DE5-):C0(_/ANP)PHS @7/"?<M@,,&SJ>#2.2&O/<Q^..
MXRFEIWI\*(H'$GZ-!O >BX^XA<6PN8.9K9G-'J=JY],<O T^>/OK>/#ZNO2[
MOD<O7YUN#I\Y?"6'[V =#Y^CZMJ'NKS7Q?)>KLI[GSH7JBK^Q>7*1CM\0^?D
M<%W-J&FE]E/,J@JOSQVJ*:])STBIF?7DP6IMPJ&JF8,3UIV@6X&98L00?F.6
MS)#F,\!?&>&^3H-]]3W6.9*S_R1Z0<R#,=[0;;%^')"YKF_#*W>!*M7W6XV2
M"[J)$[YS4/J$/99]RR&-I7A9<7Q[, V7KC\F#UI*A3(_O!"?400(.V$+UI/N
MZQSZ6BL+:R5_R1H[\I.\#B8_FXW*LM7 @>-UTTZN+\<1P<MD6G(8]_XEK$@[
M+*TTGP9V[W'@P)FC@Z>\F-JQ0KMM$_JO_4 9@=OPM*W&@#\(_9'=U$_5TR9E
M%-9UI#+ SOSAT(F(:.#YW(/'PG/O,"^,#S'IE7E^Q,1W"]Y%7E6:V7=G& _9
M%Q^N/Y%7Y;?D1+U^JX'79/:C7?/#M2X<X \X*H*')B"S<9K*R4HTE6IX/_+P
MRC@,.Q>]B'W&% D0 E>! RK,R!6A4A,DR^L> I,(@&=A'+; &]);,GRAPF D
M1R0NUT.F;OD4\*'W4HQ&L?%0 $N+P8J 704[G-V+,1LE[R;..^(!B!O@Q&&%
M]P?"Y9$,,+601WIW8.+[RJ<-GRMA$HDAQJ1 Q(5QB'4G&*H"%JN&  (DT!EO
MJ,U5&  ("$_(F@*:KY[@GS%01W^,0W-]XN1*'F8$21DP$W-0*(GV)NAJAJU,
M82NG-60KB4XRX+"ZO3'%=3VL%X6S\6<,RA]S103'4W&5O4Z6JV3.(9%URE=:
ME4XSO0@5J8%R^>65/M37>F+ W;Y6P H%&%)C+3U951QU(;,%'&,71D+^#SB4
M)<T>S"'=Y$-Z5L-#JLT-:58D-L>0W\.O#T"PO.>*"2N#L]]NF.V[+@^D,$H<
M[O$(+J[HIE"6B#I_13B"<GN$#E3?\>1Y.G-Y#+K+0;O3[C2!\*LZ2D9Q,/+A
M 2C ^5@;0HD$)P\.=Z6PA<]H392AER:V8[(;AAY<EVSWN0=@QX%^HS:LY%SE
M2H J<04[Z]M3)KW7A$4O6IW5] UMD,*/J&J\ 1ZUM%8U<V0U[WUDWT:TX!_P
M;3=2V?O(?N=N7"-(N6>M=SFX5BYO62_$1W8['@E\'.\YUD?V%02M7*RO/BY!
M)Y?LK._";W*PB!N:EKVD9A=KX0#YA/S[SO>EE_ !C@4Q7%0>':!N2@N45M@P
MCL J A,,@[H.T,<X;PN-E Z'[A140)&'M1A8J0Z915K>@6J(QNJ'FJ_+<M2M
M!?>YJI?.U5F%QC4=MFU=Q:-1X:>04WM%!%5)?RW7TSYL B&^E /3WVK;%\V-
MM<=3&RQ;#6VQY"OP,U'6H8 'D&1"EP>:$*FL*O@E+%FV'TY&>."FP"'72!CW
MP"[Q,%[ECK<:CC0"L#8R<8]F \E=Z02!B[6ME='] VUVP?M2XZ+;[F1\L2$P
MN!!#URTU;BN#+;#5*)E%.,"W]02+T<S$[I%^#]9?9O;#F^YPD9P^&)2PBCQV
M8=!H75ZEIM?%0_H<&HEO63$-%.:IAA$(UQ%]6("0PEDCS,['(".8=6',O6C2
MA\1D&.\I"V<-J'!MCXWRLVTU$J23DF.R\  N*\9OMQKY .[Z;[X1WM.$=W<5
MPOO$K9*\]@@&N^1&XCNB*8;$C#->GM*03H8=XO<A9I_BH4&A\#@05=0'X/(S
MW3W N5W,D%7B I=*AL,>,5J(_G4G0,*@5 ?IRJ@2;H--8=L_7?[\F_2^G:N)
MWZ(CZZ=WES\WZ<&=]AY==1;X8;ASC:(*G0'J"B7,7N">E^O)1R,WZ6_BY)1Z
M^8XI*X0YCS0$L# #H45OA=?#\O=CU]T(SYKA/M.XSU[]O/_:/T(T/XVZK7O/
M?W2%?2?H+)+3) FGC6'MQ\"[L+.[H(=4>'WIZ_ 5WI@]<)BG/'HJ:TQW0]<<
MCV**P@6>$_B>8Y&3/HA)@:LPAMN,FR@_M>RS0]@='L4!7C0:"4X>>^5TMWTK
M+G#EBN$'XM^"C 9D)@-8 U3Q(U2Y,R]6FDLL627W2@<H1_7B;2B3, ] I#95
M57B8U'T'2E8ZZ.S(TM%4"9'V^\YW8/VPJ0-)!#;ZZ"C#CQ(A-%?V-$/F,7SD
MX1F0@>(I%%PE7DR"&(T'L!-43$81QW]DW@U$""9-SP>C!H>;S_<KBZ=4& &Z
M*AVOS3[Y038T14D><4@I]N4;W\IY/'%M_ !%-"875BF)EJDN274U""8TJ!#7
MDFB^ST:@)?L>;#[HSUP+7QP&QA'1*,-I!QS( JXDH!Y2\ROM 3S2"9#&8"6'
M:"J3.!8A)=-8;DS)BLE[X W\;G."4\:C.W<?@25)T?(N"F^5GC:6E%;CS3VI
M(HLSTJ.O)$":]S\E0PESQ*<F*8%LKI*+,$>24BOOCY2:@BU<!_84E36+/(=2
M1JJ/*TE N--/)!#%LY.)YYV+&4>FUL&D")8R3,EQD&*(Z5%E!%FGZ9X1*1O-
M FKH$\H3<T+&R5G29Z-P'++>[HS[GL[G1@2#UIJ(4U*=3LHOI.35B+->%5T>
M/5L8CE*%4!BMPN)[RQ*C*)M9F"=E4[#[5BAV)=S7Z5?,&'<"D1CVQ1 3*#58
MD>'(,*CG1QRM;/B1'"+X(SFLHDBFG<,!X&B?>I6*=Y\Z(!NAD[QF#N:^2;*D
M),NN2;)<59*E\>K,W:QM27(@3=29FQ&7M$1<5W:[UKK(,DEO-6KSE;+.JCE"
M"I5O.82 3,E.BYQ%!".0EJKDRU&5HR0MW9][&%2+8L?:I8.I64ZB'B5N( W"
M )I["[4>&HS%0]%*/?;&"GWM<[1LG7ZOO:(4V6I8/"Z/R(MH"/"U"?#XH+W[
M% &^K,J2KZ3*LE,EOIY@UAO'QMN@P5X-\<@FZFKS6>J&-.M FJN0SROQN>U5
M89 )[$-G$PAPZ0GCZD/'0RA!N,GQ7L"J)!.9@/8JK4#/0O^]""5 Y34G8&1;
MC10#((RIHJ.L]%[5UI,Q,G_5? Z>J,@%L^!E6XW;,OR!I(8%\X,=Z=/5HYLY
MWC8E%R;+@8F2=L ?"89-3E=6Q611#](B(H& /WI-\Q )96^C1?&5W16JZ+5=
M@"=(<@KR2Y:N:T#0!4\N*LY,0BI3DH#"=I4)FIB$EEB=^7'GG_GHP+)BO4X/
MT[LL!#Q#MSMF3J/7W)9Y$'H%TCG+5#N_WTHR(G5R& L(V,Z%1]ECN5V6HLS6
MY !:,W+KMQJXWPJK$$=#?4<H>)7D(I:F_&7JKC0H!<X@$'V70 !S,QD%?M]Q
M95IM,@=Z+!R([.A+@3%67ZFR2,:S@<)[J4ZJE4CMBVJYHLC-D&],LK&$>=(A
MIY(]3$GUL530PFK%6:RJBE([G:G).L&4K<TA*BA*+8__W"- /H%<S)$IL6I%
M? ^F*).C92A1EK11<G3/]^\93#.@6I.^2N;*<89J+8RFB@1XO"R0="*)IR7"
MC8@<&BXQC4O4L,:DE"481]QKD^'R+<T5!59 -0OB:CE)2M/2@(!@FU !R35I
MCUH&Z%B'1/N:H@,^AV-KB5=:H[\_JQ;+^&C>RLE9B;97*9./ZK"FV_H3L.=Y
MG/.79Z9K8ZPDR_5@5G6N47@V/7=D?Q5G!8P3D!E 3]R4!=6!"2^3GE:CMU2T
MM5,[+TN'><A.CHL'S/GWRZD\=UM\U^63T< /*^9R*X '=MCN[#93-<G&AV,_
MCY'@D9C,#=F&#P(-VJ!%1Y];424!@$+%":QX*+/(J>388^*[$Z+VUM3JG$16
MF@77@,7%4<'K.O<PRJ-G5(M>/L5I Q])7'<8>J4"9<*:2-Z4P$-)?T92.")3
M;L1F2\773" ^, G$E$"\9Q*(30)Q#83VP4K*^#0CK2*WT$XI2.%-8+Y&>YQ"
MB*O1'O]PHBK:H\)IZ0?^L#Q.DU=G9J&.D5N,V]51YA&=1[:M<TPBYJL?@65[
ML0Y6E0G,J_3D5%T(T8 B/<5!53F$-1.)38! "F ^7 O+B;C+MD^;U%':=UW_
M,=P(NEU(GH!*HEP*.B@%F/)E#F[H@QD91^1ZETYSRAB9U;10IX?DFR!2U%D^
MO#FUX\E6H^#@;)4TV2AOG2$!G%IS9#_)4>;S?-*,*&7!I[DT(S](H0@G([YN
MT@LLL0>?:%62[2?2$T#>S>J90&4/F9UQ5;95V6;-\M^U(MJW*1U>+!Y6$N10
M++]*?$X)AY#0/)\2#V=&/*Q:/)QX6PW=%'=&ZE$)9Z)LI%XVCM7/P^P5.D!-
M8[Y;C2=3,(N)ESG&^G0N4IM=4#=N-<U";ZPT2S29D4ZN(L&4Y"-A'E+K!8E(
M6=DBW98P1\.BUX5%OY1#KR2=*'5F5_.J2"J4'FYMH^IN]H$H\9&7!*!S_<C#
M>#1RZ9M*$0&*=DQ)V-@$>6!.R1.G9"4!: G#7A%8>#I@.X+4*&3W]$M@]1$6
MDT\>'7FN4%#)GRJ%#74H:E)&F_/Q%L['2GSSSY4B*75GW 38?@![CJ/&A^J;
MO*"E+D3\39>=.V$O#D*1Z'A:]E3RB^HG!F$T_8E!$E&FX/9D:4@@7/& 25$(
M_PS*744V@>?:',6W<!0/ZU>7+$UG,HJD8RUK=&=R3CKM#O4 *6D1HAQJE@^R
M!6''75Z-#7!W-. ]H4M3C#U?S2Q;:%D8L;R)<M2MQNQZU$S+J)'T2\Z#1\.V
M>5/AW$M\$+;M-!5<0Z=%B UD&&P[3E/Z0I^(F\F2Q.U>4Y4T[\FG=-IJ0FN]
M,^OI+$I)29MG6XW4 OP:#WNP\S?.]U):2ON.I"#<LJF8)!*Y)O/_+6EJJX%4
M0@G5FDJSK1LP@ !R/9OHK+L$9DU=]IB:KZ]%7V^7FDY!U1S N^^W&C>QA=TQ
MP*"ZSG=[='*-O&ZT' -!=F@VK#8;QLY\#S&*41Z<#;".?:(584L6_(#9/*(B
M;I\Z%(T"'UW&-DL>S?)/;M%E5OIX2SX^"2X2=3C:KWQC!<@*Y)U)D9(49RT6
M.4/9_,5F_4"FV5&S:UM$9*S@EUC^#H,=\GO\3;EPR=FK']=B8TR VVK X"-%
MD-0N,U1-0%U9"J4&:/DP N$FW0=P/OER*1++VZE$Q1 MUO2[,-Q(1E;Q)DKR
MH\>E+Z%EP"\%#]QQZG->)QI[M4,Q1XKJH4E1I135_3>=HKK)A^"9 _8#Y'\B
M@^%2SM>:+0K;]9#TMZ7*%MP+T "=,(A'R#N;6>8I0XD\FBH/TMXD&+]$GAU&
MP++1>!@B8'@0HNF),#$2; ;D"_; (VD@Y843@HS()H$46D# =9AH%[NJ:V52
MIYJFL:1@)-*BX;8_TD\D*)N9HT>]%,6-C(5G)R%S3 (!CRE%3L\BH1<;5^.8
ML4>+)]-[]#J/L+F7 T=UVX>!.Z4SUN*/JBJPN75F.B2DT[@MS:[X:&R4A_(J
MOQ\@COJ87$3),VI7/7_BYJ1#3WX=GEQ)JED):5OQPJV&;%BC%@='GG^@:J\W
M?>H.2E6.7=EZ,'1/X,MX,%;TX"E!GU!#_O$JU2AK6S2-?KIJ_?1<].!$7GK4
MW!SDTX0]BM3L)%]+I<Z&FX3M810':;$G3SDP*M\3XV(9%C9M%T1H6=.2PV\]
MU['@@7TAD[ZH!?LU5J-W]O=/\ !(^@1N](#D2_XUS3IQ".BCB[$G/2:5I;I@
M\2L@17*&RGIZ>#?&HH"<TTN:#'DS:)3YB6+Z7*A2/7 9*)T..TW)@*Y.K&M1
MYP5<IA"G)^_M^9X-FZO:&@Y06^5-M9B9Y5,OQ!0)R1<G@(TGW4+G<,[(?:#=
M/,BHY-&7#B7IK2>6WDI/'SQ'-DD,U1+*ON;46D+F(R+Z5.H72/'45#ZCRHQL
MEB:OH#R2W1$#D$N4I_@.+@N$Y</BCW<D#@P8$;"<6'M&WJK<4LA'T"B AKAW
M'Z8D()-$L+TZ)H8X42RS'],L'#W8_T H+,^A*"/M+]4'/OCN@QQ;=N.0-E Z
M>&GZHTJ.E+P9/J/EI-V39HF.U(12Z"C2H,>H5'>5\_A4HOO(C;6K1R.5D4FB
MJ@JW&K$GWR:]T3!P?"W,/S/V;:<MVG1;[%$[;8D40?J!+UE\YG)8<:NPXG1F
MBT63DI:).3LPSQL0F;"Q/'#2J&SA6E9R*;S-;B8'@FQ!G(\(:!-''*1Y2OM*
MS<"Q>R@^+!_#432$'O8>I;'V)XFRY*6BR<[X"%/D0(.W@60YT.<7!S3T9,-G
MOI1EWIGDPC[UTGX3CP)8V7"_9('E9_SI5Q:G*5UV):^\*VREI$0\:G; ^T42
M?^*M\+P!D RPXSM5WIL3X%L-Y89()IEX)9-SGF&WKJ 3GD7G"Y4[N\D>X'7"
MU>?9NY/?)/Y.=:Z SK8U.VAM-0:P% ^D1)*JA8JDOE]FE!6?JDI&O 3D#S,!
MDO6W>/ @=C"9.SG#3<),#+*@BPP+GN/A2*Z ?/,,[EV.2D_,6ZH(LSEX\MY9
MO!4TUKF8J\ZPT!B%E&D4)P^S@-6'LB:'>$1N2M1)?B0LIZ^B4M@%3K8=(L=)
MC]HMVS1.Y)PN<$A/&A-JR&UV*=<9]DQF[P54\("K!S9PF*B6?J(8Z'%C2CJ^
MB@P2J87D9HSYC_DIZPBYEF4E^JH67X7.D9ZX\R.'>#YZV'R79 K2R)WOP_PX
MTCS-$N2HS!R7/C%B"WVG'^$&;W<.FNQ4G]YS,-"-"KMZ%59&Y[8:3X?GB.HE
M[J56%_,*%OD&LU_7(Z+VUG<WDWM<'C%+-#@E054&LVKDKOBSKNW1>F,NKB6+
M%&'*I.;@OR5)TS(@O$ZK66=7\9%Q%9.K^,"XBC?T$#QSP$61-L5.)0T7'1K?
M+2HG+#,\RRH4_4#[]BRR6:3KM\!'XPA]I5+O+,"D)\QU@F<:^?CJ\K'@:LB(
MRX':=!2;9*&%H%WW9+24]A4=NTAJ9?!%:<J*V>/7W^.9Q:R%#!#I_!-\V'/-
M^5SYWEV0LQE=[#(58LXL#^#[H8_EW&[20P_LUD"$:8X&_$C:#/Q+.5Q8,:B0
M+[7?%#W=#]R5T#';RH\"M!'"5-%\;I)C3CK,6!CYH$%A-F)RO__HP3@&S@@?
M26T#HO3ULI;#(=BOIF0@<M32IY,._)%<03!.,)U'A1'*&63='N1B@HE;,/90
M9:D$*.(HBR7CMU O4ZY3]2Y4@.Y\2K),;;A(=HV@B%\2"LBZ_S%])$6HP\<]
M&42@(<C-9<G>FN/U:L=+N9K+XU>9P$QQRYX9KF+Y:!5%KZ:$J_)1("?K%L^^
M0@Q'KC\60GOW; >SRM&W2N<2'N=-=>92\4<QG#WB81HT;E$V\?276/YP)+Q0
M!GZ?>A<K>Q4F-^AWJ>SEW%R7'M#::DQ$M-A" UI3':[*>[S5*'<?2[^UBCKB
M@CSE,7YB=:8YB\DS66G@53W%^AS!8XV3V#B):SW@O)RXI&Q8E7ARQ:U[?E?N
M201R$%CJ$6$6+&+F#\4[)[T96!W=.S7'11;)T8>2,$B3&*!/BFL,GJT&/H^D
MT?>!TP.EZN\Z_3Z,>RKJBV>;CE+ZT?:DU=Z<X"0.ZDODW_29WT-T(/J^!_-"
M]4TC2<",PQ@K<G6@C8:K+DY[/Y?QQH+CE 2"1)75H>!L++',V6KH?]7TG^YH
M2O5$!(KL;87ARR(GPJY(JC8UB+% &Y.$V&=%PNF3TLI359TB8R7=0R6]%#$5
M:?U2T?I60]:7A (I!C1P343W8JPA4) "\?E@X/"AH%S%3+)X"_U@WET8)1H6
MAI1;"BYK./(#U%O".$351J7()0F8H1*7&FJEY$#K 4F10_ LTN!.X]]9M)=(
M8G U:<0]0:9$KF96"J =DDXH*BFA*!-,E\ZUT!R65SXLU\#[ \<B/(XK12VE
MAH7M(.OT[-2>M3&_T>E)/6%;ZRY(6SP<M+(69<9@\!&4>PQ:;VHG3+@-FE+S
M7:=%K7/HZ=B$GBCT=&A"3QMZ")X-:$%^R*1*:L)?XN2MZ23[5=<UO)CII>]J
M-EO8E#7KEP,CBJK,T!K$IX4.3(JC3Q.T4P=]+;)C5J;]:^I3!*$KI$F./T=.
MH/PS&5]C"\8,!\!U54X]F)-1!I5#.1M+G7_%E3%R>]5R6[<S [']FZ? ]J25
M7XB$:<<[N1T*I0E^H DG4QDIW7UWJ+AY*A.7Q]' #_#A T[9Q?\"(@]M1^5,
MXJ5EGH8!5SDIB4N1X(\DZIUTHY"BR1,/BW)_]=$3IBNR\X/3Z8[,!6V8G$F@
MVN<:9]$I37PRV>)-[?I)&QGKS'>5;YD;AJ'IU=,T[O-6X[J$@A6*CF>33PKV
M$-/FI8L:\]Z5UU33MLADJEZ>763JA$[R=3_;.J^;.+,,LZ@4V(C?(Q?7M#VE
M @G?++VJYP1$'"I7B$K"D]##P"U=X=VAW\0'-OZ=;1\V,7TZ&H0T@K[V :O2
M-74S3"CULBHG;\$#HIUY^9/75(<'3#*!0R)?SAW,YLOEZ;?KW0Z>$/EC5S.
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M)22&X0(%[(/^JP3L-X7?$XA8+-]RDJEBRXWKVT@7A4D 1JJ0(R5/]U[HMO>
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M?T3.?)%=C?\(F0<F(5(JSEIVU(@#(8%_>!1Q+.Y54+<5!OMOD"%/CY9'Z3"
MQ"V$)+M+'32Y^-]D4FZH0\33VQ2#(HL'3=979E8'7?WZ;0M=H$N9PZ-(K2>
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MLGA(6I;KB%B_%Z>K];,^/2*[QPZ5/WA**"3Q!_%=!)8C1Z7SREIZUY-]V&J
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M&?S8M27I8"*5S)\F#X6,'P$/X:ZN4B.*H";3JE5WPA@SA=?)*XH;1L;O(\Q
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M^&.+_1T,V=!VK,1RO@I\+#*1AVX3Z+C&BC7I<+)OO<ZP"34<(%@N7=6WFJB
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M:<O483L6JKD2=K]R;/@@T![G_)7G:D057G\%J^?;3>,/VOQCN!(-F/"12/U
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MAX./,JUJF[ L4=WW)@*_3;;ST^FU6H2L#+B2SPUAC*IK/>NCK:#R,72JEDK
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ME!'FT=,"]OGTY,]!M"]#20**_0.XAU25Y_H3B#L>$&,_ZS:3WJ,(BJ/HG:1
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M2WMU(X2^*[X[Z#5P\LP C%F4LFA\@<*?DL@3>[\@<W]=?*N+UPP^@6:0+>T
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M6!>/9&P,?B]D0JA>%$VC-.H]V3-'\(T=P9N(1W&8*R7ONT)$>!#A>;*WJ^P
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M.+^H+H3$)81D< B).SB$9/0HD&E2S:Y?=[U<)T&F2V&4;N/'X@Y02P,$%
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M1M[[1M3S!%[RD?!5#GW&4RNM)]"? ==%)X@T<?P<1F QUVG;R58 I A>63\
MOPP?KUC669D,PFR"]#OL4Q#FLV5U-#$\=A)1(T7U\;<+Z0O<H2!$$T"5D*HJ
MHA2I -09>GHXG:1>I@W3>V#J!SZ0 #@!W"AW7 8F0=&OQ,<..1 '?)+0MK#>
M0-.P#)%^8']&Z,.3$A=1K9EPX(5Z"96DIO>!._";C<FLV>#Z:O1TTQR1ZI'J
M+X=H+;W>0Z^-"ZR?U)'3.3TXT%HOZR*948R&/0TSZ]' UJA3$K) /5J[&!Q6
M-I(K/ GT@,:G0V%<I>WUR[5ZC>&;0:IU*7N=/G@QTIN+*AN;4AD32F]K"P8T
M-V("U5E!/H*]_T*5HY4S]\F9IFG&>B&Z(L>DO)(RK&' $L_E\QNYA T)@4U(
M_EE.F<TI#Z?SW*4>R7.-T^[].GXYAD0Q5:H;&3&3BDZ>XXAQG*]W+3*=[;>W
MO/4DO-4TC28'-;LZ9"C2V%(Y50O6*'9F255,X <QQT /_$B1.?R1(J=QK%I#
M@%4YADC\6AW\]['R"S4F;:1E@=UN5C[D;[DBHX7)7U<CO4PBM_1]#WTWSG:[
MU,Y,O>!$J?&P@#*1ZV9J4P"'\@A9%T^QXU@'+TSS39WN*6S3<1,39L':-9EJ
MOC0T8Y \P'QLHT*CQ3@\$NTL'V"=MLUFUF<W+/<[S:MUKH<*Y?&88I"653:1
M55X?=O:6R"J/XI4=WK2FWFX-/LEFB-B(A>66)^"6?M.XI9Y>F6HX+S9Q; H3
MK6J1"W3.'MC.V15TSCXE]3R\=7;#!7'#+/RFA8[WZQ@N*<)0]P6+VT7;ATJS
M./<>!6*C%&8U$&89AB0/8OLHJ!C=?Y)B=VYO94 P44+-?57X*QI@A<(NBT.G
M%+#VRAH_C_6YO75=!4*3MC-B'X=4B0FSNKGK547=Z79@V;D;\CM"+56/JQHD
M\] W63^I0/0ZLZ=%G)RJN]&F!#K"%.G:&;>$49-6-!6W+-O7D*IJ[]U4?#(U
MY(!*E#02NBIWQV+>-+Y67'?QFG<2MA5;-_M84.L@0BCFCK##!5,_KJK",CN0
M/;,J60X&[;2^W)3CLI!P8#VXE#M1Q^5HRFQ/+Z ]IP=J>PO/6T/[XFIH:AKE
MBM/*[LK2Z5P+KD$FPB<(Q< CS-S"DXS#8" ]56.</@-=%A@BO_I*=*0G;UM<
MIMRQWMZ3Q?R;9AB<<T2(7M@T0)&)PFE:5J82FB0)M8AC_T" K>D.=L?/DX=U
MO,39DE/UI6>R<P%]1)4G2L8LO (41B@JI>I?T#L2^/"(JI]%)=U5$S7UL_2#
MX#N#QPRI\7"@ZU4+XJ=>]\1,O0.75PWY,E;HD")ZH3EV*XKN$T5-2[#7ZR^L
ME#LV);'9M-X W[YY:7LPA\.D7MFEMFX-VB_X@]0">446NU&))I.N8#9GV-T/
M46#& *B$R#E0%G9UK\6FQ( MCS><QYMFIM<JJZ:Q-;,C05,S9(I#8Q[?-65<
M]8KFB,-Y&!LOU%*UU: +[/9!PQ@27%=0H4"TW#;?6J*=1;2-LQ5KAGNR4$.>
MV(OXY!PW'M3,/R]F:H\=\</ +<3#(*K9(J0!I]A1I[O7RDQ3%R^.8][&@L=B
MNMIS!UX(#8B448(#[M3"B2#U*$,G&:GF) (J\9GX(2.TF%O&A%9@DO/@HQ"\
M)"YE%Q9>1G5%!"'85#_BK(6/U3 >6'J="2$*^RJ]4XJ(J4)J:>>D*J*=#>-C
M];L5E;-V^[!A@C(EWSK2 NW<J7&2+Y'D+;7?0^V-,PS^D'$=PT #=PW"8%2=
M!2IJJGD EQ1EXF[]:2D(UZ:FR$I;B[[A?/;L0:'#!K9M\#JCO/6$9+3BR5J4
M:*]%<&@B-4P1,P=LV"OAR)A[;.>T1;.5 \\+[J)-X+!EU&3HBN^5H')3!JS8
M.^=% 7@R24P1=Q4KI^*<>=.4325.<3PSY=[5Q5LS)XQM;Y6BA>V*H5;ST G;
M"Q2:J5462ZJRXC/M1&9E2^,@S-!Y9TT#,^.M\8;W3 ;+C^_J"Z#M5OV:JZJ+
MS*]MJSJI7+W;._W%]:'8Y^*P!>K<#VV=^^HF1#TU3=F2]Z>QCAYM'C4M9[9J
M\^C,FD=/:QZ=^-M;7&GE>06(%:J9:A+[^:3HH(BA7)HX.LOXV-ZZM]J[7.-=
ML"SNKTCL, S1,_.8I5FL64%Z^D2FQ)(,L[0J$:L1VX\H1RS4%&+@&!Y1FRCK
M1#;6SUY'/[MIA8E9XJ->+%CQB\J&F*"7GK"$(T2F\RD591=I,87"R!N//7JG
M5O:(,F,S"JHV0&U9?FXX/S>M=D,-.ZHYPF+V6"3$R=/SD[(W07O&"'HTS>1*
M J#N5S_5GEH@*LT>R\F6DU?.R4W+TCY4,V=\F(N1XC@RL(7)W$?;W:AJ4+SJ
MQX\RZB=A)%+K/E/F]6]/%2/3?86A\,0MUDSB#)9\5-/RM^7OE?/W4</XNQZ
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M""\=P87/4^P@)16[DVE'+%]!:!D/EANKJA/\$J7"Z7+936@;\$W!0V^2RT?
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M(TXVXO0D$:<W#8LXU<$*PI;1S+-*70'I1W!NZ$HI"YOF# S2IE94:-C4^L_
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M% ?.=WTC!K:TKVY,#]P7OAC(>'M+O9ZK82L_?-Z8TH\EHRC)D-*H !QQAIT
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M0[5]8+D5VI;%;>#1)Y29[V?@QU16YRO>PEAB!*8F#O']_1MSU3A?5_B!,N+
M.YWX+K(<_ A'Y\K8-#]CN<3 8&28G9"WN6>(V!TN5QLSN>U79Q/S[P*3[;A@
MQR'WA"#><;$:^QTI^;N($1(*C)K0C31&4XH=[R9DN99.$]:9./K9!5K2/N'8
MM\TN P\H \Z -6UOZ5)(M,U5X6P,WE T4+8K0LO#ACCLEGN)-@@#7^BY)K3A
MRM51+^Q070T^-,)(!>@%AY3%X4R)-A!EJ8QBWQ('#+0("P^0N%!DJ4^A:Q+<
M"+JPIKA)=L6*"RCB/ L(\0H?_VR(Q2EJT](U$:F/LMB$1K06!C$2Z#)FASC;
M>DRSK;%B_+\#N,\9,IN:<*T]58PX#PLSJG/@7R7^S(6=X0%B ]62/D^Z+/)B
M<X@ITYR=^#A=NYV-PZ8KJ955A3G47;/)W]5@FW>A1-N9D)A5O!SV(3?+)LH2
M@$"NZ'T6M[.#!S&<?2[9G&6<[*G\%YX;JZS+<[5HTH1O*G3+KFB1D&DAI6^D
M<T0+144(XP94+TWY[/0^M+>WHGG/L3[:J='IQ0.;7K3IQ:=.+\X0/@6HW1R"
MH2M4,">#W"IE ZTL:$1M/5K6?C!;\Z!53:G>W(%2$%62;;'SHZ6BJ#)TDA&:
M6DYQ"&IN/CA/<35=,0"]HETNX&?MM,TS[]5'\G$[\.R474IC[B9J'=^<(=AO
M'BSR=U\'3!71324=*A,@RCQ,W88HH#C:8#)=6YR#UJ8"J-2]P*XHBE>FD>LT
M>*I- 8/X33U8DB*2N>Q'JNJC)!JK2A[=86.>,-LETXI,?=/4B,22&)XG4DQJ
MCLRT,J=.2(?]CGF>4#A"CF,Z@US0L)0?P"A^"![!=Z&,2$&EQVJQ:"V)R#)S
M0_HN?@?/S--GJ0+"V"0SD[>1KNJX EG=1TD8:+1"@X$+K(].42E=-\T0Z/%(
M51X]P]<N.V=YBC8]C>0H5SV'\HD*;0=%:40S5-JJ)L;/^L ,($&*)9SY)7-%
M5+O(9' .AI73K+Q6A7="W@PI*@A.!=HN>D-"&B%-(D?.]#7@&GE<?X.L7'"E
M(N7?D#L4IZ/77#Y)Q]"5'I;<V[YV7!06F?B!O8:1&GQ+I90.CKFX4<O$WV'7
M_&2DT1^BN)CR4<L#CR1(/%>1#M89J<8%"H"HK")($.Z9QE"B"$QPFM*E+"F<
M(3)D6:72@9%O?0=/(#!O% 5)B(/P9*Q%6(:N3)-4.^QB8-PP6@DX/>@;JO:5
MOT08M&%-^1'O-,1 [1.^;:5>,WJ7O@0QB@F*\P"-4#$%(I#?,.&!4:JB7FT#
M=9(9'O>YV]IKUOE;'_6LR-5ES/)TM=C!/&R!FE3[KAH#%4W7[EIJ6ATUB1K4
ME*8.]CO[G:,<VHL:L*62.$84E9+2\_6#/>'5G?"@Q@G_@1(!#)1I6T![N%')
M B8::)NY!O$0SICM[)<U+A" *T94;@,"9T2E*%7Z6X?.0$RE934J1Q]I^"]0
MO,)'&9'+!%#Y!!L(Q*O.:;(,G+K*QS8%$8'2N3$H-(%1:!70SBJ&M35%?;J3
M%+9 J5J*AJHT0\ZK4V4E9@-M9:\M$'B:TMZFC3&-:TV3RPIO(AVFR/.4"5VP
M Y9."DO3+5EB$3%_XYCCA\DPKUFA</YC*/M@UGYZMP%E")9AF\ZPZSW^,=^0
M&(HBWQ6XZ9=WJ+DM1UF.6CE'-6VX7#V.JIBH9293EM7@X:)JL%YC2Y%Q?^U8
MIMUHIGTPJS6MB^S$JX/YK(%X1#@R@^=\A:>7@IR=J8*LC*-4I .</83D27RJ
MRM)!?=TJ4V=P<A#J(G]5&_1"V:P?>*[EM7MVNVD:[9,0"*:X,*V?I9&;<QVY
M>9G$;NG\'CKO- V5Y[J6[5:">*%.P<5&C[,AO.1A9'$@A$GKJ?!GS3D&NM-*
M);=5UADN!QP+]XICG)&W_KRWG(JPQQ08'MH"P]45&#Y)*#NW^&]C8$WX],V(
M<(J^\!$>L7J:M7@6JXI6H(J:YMX\4!654,U]G8+3@[73(=U!$N\&@]UQX&"9
M>T6J+1AL0EN>Y90&1^^ YQIG -8+WDUGEZO V@E>0_63X;@ X23J1]U#,U%V
M7*ZS!-ZLL8A1J8\SUY.4UM14Q M-(Y >41 X2=H[UZ^S!UDG$%81$!*#C?U;
MZ?$DTJ-I.KN>]#B[N+K"HB@UP$+#5.OF0NTH/E"BU/4AB[+G'HF"RZ.E%V4)
MM40J[.\Z]\^&I*022#V0H D[JK@T?05OE D<2E[D@#E*9=0U5D'5UNB.4\'U
M7)F933$NR<S<PC0\Z<*WGW7#]@8(T674/&FQL^P:N;2:3'6;Y,QCK"M30$ %
M.SEG'>-8&/C1FQ/QH:1"!8]/PPKAR.[9.AJG;)<I#DE?17M2H;#X"EH5\WS4
M%JC\2&X8?+?;V9^9("%VB!#)B=!["!LG+88S5YBQ/Z'(?RD.U/T7?X:5U(ZN
MALZL<?%D3GS3X'*6[<2#[LG- 9.CL=&3<!1.XBGY8EI*J 6E%LQE)6!>OJ26
M&\-$=[M7FC EK5S'&"BV02VHE55W3E:7CG!V"MV#@1VC94R-5?1%?(=%ZS$]
MO.ZH,0/9\A"'.[GI+E5;5Y*S-9:0"O5*F3MO85/'IQ,$G[R ZIIK+$(U1E[/
M0I\8)"$8C<,IE$N>-J6EO6VJJ<@09HTE$ F#GL#VI*S;B32G)!2*W(TB30@5
M>@3;7*FW\U:HIJB:/#'+4C>(>+EFUK9>17$/%$0+8K&8KG$"1ZFSC *,1X=]
M0<@4?>L2YL1"7"HC4\M>IUR(P$)U$U"E7B>@G?3Y6F8%*7$(FHZH3/5A<,?J
M>4Q3A$6M?'EQEW9GTX E/]  C#+W3I203' W(#%F*S!69$D<-\R.4!BA-8LP
M$E01J$M!*%T/98CS/1%1Z0I[;>&U7P+8>^H<_LSOVNP?X+I'KG12K_\R#+"!
M3W'VRV06RR?W\$GC OCU+&Y29I&I HP,KC%XO0IO7O,=0<RW\>77]/*Y";FA
M@9=G-/7!&@N 2[ZA2TXS:';3[D&G2Q\J<&SA?;7</ O3VS4#@>I:^W2MDQP(
MW=1U<Y\^H$_#[M]*I=:UV*A[__E5F*K7=&YL+M*PUQ,*+N@"ZAH+,/#G650#
MVR +00IE\*E#FHI@J#=3%+OB0FNLHVCK(YQW\3:5NZ1"66+F]FR"L=.LT@P2
M-#G CIF$24@/$=Q4N+,_I-"R52IP(GBH 2I468]!TUMVS&L=>J0?4[5U9*NV
MUKMJJ[KP;U$/9LYR/3$P45X)GC)>=4_Z#U^]Z='9WNI.7R*2?PFUO^8Q'_,W
M2_=H+I\U<).>_H@?*=T_29_R(Y=*RC_-CJ_.Z\E[.64OZ(%>SR$Z/5I2TESE
M<02D;GY2_LD2G1T2:)F/H6X\)9O?L84?8XS1=/]&ZX(.Y7X*#IWY0(@F.3QO
MYP _8E[%\TI?7*(X5$]0$!SO3S]DT'S*3"2O_/3#E&7W%)MN-J1RZQ>\WWP-
MF[ZO-GGJW85/)J\P&Z'J_G/P1YT&T<OS_]JEB>F_C/J_%KC;?*1ASW?)/;!I
M;T!H"A^+2J(HYY(?[[Y9AV<XVMOO'6:K^Q3" 0R2$'RR$?N-2W\=GN$7@<.%
M)[FE%F1$ZO\U;-GKX/Q95;O9JE8-?[:*UBK:)@MXJVB;\0Q6T5I%:Q7M@Q3M
M!8+/<@VDH:8[TZ@9[L+%0D39#INI>A<ZBB=2O*L^IU2/SE"15M9966=EW;VR
MSH@WM0]6QC5*QIWR";R#,*3Z>."P1-1'6?=;XDMG:*7=VDN[XPV1=M7,4B$#
MCWL_59[:+/=]B<).%RJ7!=LL,42+GR4[9LFH^T3/ZC:V]_K9-O8L&(VDFG-J
MM<9S:XT%+..Z6UC];$O;V&<@VH.C3K?WDR74M3%O+,F^[AP?-9!B;;Q_KDEY
M^N6R#I8Y#V6?1^Q3 *<3L6^=D\ZK+YU_=M8AXCQE/%N^);[M]CIO7EO&73?&
M19M6A'^A.JI3*/]+;I[Z*;6[6MY=8][M=H[>-)!W7Y*9^/%_JQTB3^;D%_91
M)#$:C>Q_@[\9PF;^(OP@BH0/+_)!3 ;D;":T9-U,4W+%FSR?UI_A"+Y]IT&8
M_%9&W_5XJ',_^BX]EQ.E"Y^=G+*=<=+W6I9X%Y/)-O2]8!/2L6U"LDU(3]R$
MU+--2,TYXH>O]9PFQ<A;.-&/9@*]U,.BUKT9:1X$P^G7JX_G5T^$QK!:2ZS&
M!2O5NWZ>O<[A8XC^.G@[UZYYW"H?OJ[WIQ^N@HDI_SK#@%Q?<)^=A8E$F,7/
M,:+T5">Y<NWKZZ%'+/%;XB\1_W\._M@<\F[6&F%WU1#N;Y?G9]=7O_^VO?7U
M$[O^]9Q].S_YIMYB.^+'[C AV$#V;?=X;Z]5.(Y&/M@Z;/X?H@UK(OJ>RHR?
M?F@K0!.#91(3\DT&,<U34 Q5#/P8._5D'$K0+KV]WA[;P9NI@X>E58!PX-K4
M^PBYXJDQ\(B[QQP%MU)>&2?4H.X^^Q+<BE$?'JFWUSUD._#Z.!2W,D@B;Z*>
M3+BP(U$R'GMT 05E_2H($<TPIHLA+*$:XX3[ O^V2BLN8[[DETMH=P:W<H>/
M AQ@C^"444N-ENH':$7ZL!:7&:T[1^'BH^5Q^]H*:8_ZX24BC_I (7&BT)(\
M&<5J[)2,S1=U^8_&4 XCI)-H>TN_J]JK2B"_T\,4#$8R@HXS#Q$WRUB3:M-R
M]X./)F/SL=_X#SE*1@JL\T1/U\+3<04\BEIR%9I.RP*M+$$$;&_A0(C^!+%@
MT6U12(P(YI2;O3E&6$YTZY1,0.!2.#Q$U?)X$@G6ZW0-,M1,;!V%Z@CL&@VD
M<#OLH@BZ2EBJZG(1Z\+UD. .YUVU$D<U=<88^6(RTI@]L4C';#@Y_\R0-="\
MN<-L]";$DO*#.ST:= 7HU@VR;Q_V'-J.G;9B"U;O$K'U9NS8(P'WNM)?II.-
ME%@<M/+\9JU6N0MG<5$W%^WSY<&36>IO!O7/\^X.?WI$Q)-0U4KNW72^9FZ!
M\!(>X> QSU"BIO(C+&N7]Y:]Q+5DTF:M\5,0@GF %C+B@@^Y-P!3HME+5D[=
M]M:T5]?L=8/5O[U5]#!:S5YQXQ*9KVTBTR8RGSB1N6\3F<TYXL?4=QJ'?WOK
MTGC\FYS!7'WF9H- Y,&FZ$ZE09[?D85EF3AC99)F_0"T+>W.IMUGGV?:;=PH
MA9,Z@YKP<&AF*(5#91R!Z>B$(N;A!(< G421C&+NQ[F7>1H0Q1%CHS[8F0H
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MI,F3FQVMPUKM?!&F*CEE%,_RF(?&KK&8U$SV0>!YP1W.@1V-8RS6'L0B+!2
M;F]55X NNT33FDX-$N8/=ZCVF^GG71KNW!3/S5)O@TV1_<89_@46J&&1(+?@
M&$@OTW5:26678SMJ^C(&'%W2&MFGL%&&IK101LHHR7HA%]VHX-YBYL!5W2QN
M0GU"?8P$C+ETX870)':*G_QH5G0).Q&XI(!5_XT-5EHQL&(QT#2/I#3::Z$_
M%WZ4A&H.;  V,-P#A<+YK72Q,-+X):K_B#MD=@++YB-M9(56-175F4Z/[45
M+_#E1%\T[:,KK] RMF7L%3/V?O,8^\(G-P\9L!8*K/.=WPAJ>KV/IS6[I>R<
MYO2'/&)1@@4G$AU1!ZLLHEWJ(19U*D@\^6<B78QNC 2/L "&/&N/.T;;HP>.
M/R:Q]&0DJEL59;$!<N';4UU,=8-B9-J8YWO@L TB9D$2F]9:4_]29Q=R!VF.
M1[5"X\MX#BJ^( LW,S7#[)!AP"(.6G B_1'&*3 A4N/VUCAZ"3+TX7+FH)D>
M_E>L9:I!YF[@),HOH<2@%GTV.K#QE/_LUL-!,Z,#@2.B.GX!-W.!<W8#A9O]
M"<:3\6KJ,Q@Z""2!?HR3,$JP @E4N$8X.";K ?2U&-=3DU@NJJ^,?+P)"FM5
MBURDO>V-;6];07O;4Y*/;GZRLK_1LK^!(:%/0D3M.LT.063,IA]CX4<JJ<*N
M,3TML)P=G(YP)VH5+*M,.1C+2[@55ZICP24B T!*?5$5'=+*Y2C%IIF/GD,A
MY""DG&B-%8!#2M],TZ?4R*[BX".<,.1N@E:R F45;M1A,]VHLXNKJQH<$((!
M(4,Q>QR?)?=-(O=GUY^'C?.=KFNE,9"]V)48AR("EN%438/^CZ[:F5F\G&+'
M93T<NFD,E5B-!40$&60Z/?#V4_AL,F1?QQ1]/(&E:M!#T&FIXMR$X.#3@T$L
MX(3U]JP3MK@3MBZ@%/D'^C8&IH9/WR ?O6-?@/G@V-43KNWS-7_=&:+*@454
M:8Z<?/A:087R"?+0]I8YV_7$4UDJ;I*#7G7X*/O__,=0]B5LZZ>5@YH]=K7W
MF>]Y<[ULSC_*?->*U@D\CX\CD!WFIZ<8*%!ON3_=-US/*.K#IYBX5PVE^,B'
M?+WLAWP<759/K<_)*WS<-%O_L^_R:/A.E2KN$&0YVOK^5%%#B^WFM<RENEH$
MM@-&S_;9 )T#7710*GDL^^4O@JR>8,K@PMO6\*V:->9O+FSLDS_XTKGR]V_J
MP3^B\ 9'>N=_SA]^N"G'O9X3#!=3ZR>?+W[Y\A]_.SO_<GU^]6 M?WRX"B4_
M<T[IXX"9[X8R%KO1F&, P0_N0C[.5..]<GIUA/<EZ"PB9"ARL*KGW__I_JFB
MS[4_B\OAU6[1F]7MT6,-_)+1A%V'T;-OV&'. Y@U"+>A^WG*/4XU;DLQDQXV
M3?PQ)["2(>+T\8?OZ=Z]-L-CGGCA9UJY1_:8IRB;TXHOGHT-%I>\JR+D9WKP
M__EF[W5[;V^O_:9WT-D[LG)@B7*@:^7 >LF!"H_PS>Y7)][M[77?O$3A\/IX
MK]T].FX?'O8ZO9X5#DL4#CTK'#9 .)R,P]WI:5TO1#CL]]K[^P?M[NN]SOYK
M*QR6*!SVK7#8 .&@+(>7*1R.WQRT#\&M>+WWNG-X8(7#$H7#@14.&R <M.4P
MWT?<5.%P>-0^ K?B8/^H<[QGA<,2A<.A%0X;(!RTY? RA4/W=?LUN!5[1P>=
MUS8@N4SA<&2%PP8(!VTYS \@;:AP.'K=I6S%T9O]SIX-2"Y3.!Q;X; !PD%;
M#B]3.!SL4[9BO]?M=&U <IG"X;45#AL@'+3E,#^ZO*G"8>^PO;^_WWYS\*:S
M;P.2RQ0.\U/C5CBLAW#0EL.+% Z'6., ;L7A\7'GT 8DEUH$9:LA-T$Z:--A
M?NYI4Z5#[PVE*WI[AYTC&Y%<JG2P-9*;(!VT[? BI</!FV[[-3@6\/_.:QN2
M7*ITL$62FR =M.TP/S6]J=+A\( 2%@='W<X;&Y-<JG2P59*;(!VT[? RI4/W
MB#(6>V_V.ET;E%RJ=+!EDIL@';3M,+]R94.EP_[Q:TI9''=?=_9M5'*ITL'6
M26Z"=-"VP\N4#@=[E+/8/SCJ'-BHY%*E@RV4W 3IH&V'^85MFRH=]GKMHZ.C
M]IOC@\Z1C4HN53K82LE-D [:=GB1TJ%W=$ YBZ.]7N?81B67*AULJ>0F2 =M
M.\P_S$V5#KUCREGT]O<Z;VQ4<JG2P=9*;H)TT+;#BY0.W==OVEWP+%X?ONET
M;51RJ9A0ME9R$Z2#MAU>)&)<][!+.8N#U\>=GHU*+E4ZV%K)39 .VG9XF=*A
MNT\YBVX7KFZCDDN5#K96<A.D@[(=]E\F9MPAI2R.#_8[AS8HN53A8$LE-T$X
M*-/A90J'_6/*6.P?=SO'-B:Y5.&P4-O.W,E?ST!03S5V<+,EBC8W7B30W%YG
MKS)\N5Y#T%:TQD4FDW?M9/+%)Y,WDG@V?3#NHF)I?6:8+N$Q-V$X;GD4[D+S
M;#>/&AYA^ZZ C1J^6:NT;!O-3@^9:KL91WZ_2;>@4E8VP]Z4Q;!G9]HN[%0W
MQW58[T&VZSB]]NPKTC.0;.]OZ[Q'FS6]UDZL?8X08&X.=Q.C@:LM0<H-X=Z,
MI(%Q%M[8)UJUG;YBACSLUGG@U:4^CVSJTP[A?;A9]5)R%B]S. [(B-[>Z_;!
MWE[GV-9/V7F\5D[<6VCY(N7$(=@2AWOMO</CSK&MPK:C>:V<N->>>)$C<PZ.
MV[TWW?9Q]Z#SVO9RV2F]5D[<:T^\2#F1J[Y\;:LO[<!>*R?NM2=>Y""=WFN0
M$8?MO=[KSFL;Q[2S>ZV<N->>>)%RHONZ_:9[U#YZ?=AY8^.8=HROE1/WVA,O
M<KC.F_;!(9@4![W.&QO&M -]K9BXUYQXD6)B5BO7<L1#C>\VH:['KF*35V&[
M%&MV*?9LE^*:=RF6UM@///>1"T5-I%^1OBOPJGO2?_BZ37O:]M;A]"7R:EH]
MX&/^9NGNK-LF51ZN^F]%JW_X6C\%X6A[*QBP"Q^8<\1C&?@@6ISOP#M/L_.-
MEL"/-=C>GW[X1?@BY-[V5BPB$*? 0"/!7C&9V^^QVF]XC3F![PN'7KV3\9#%
M0\$^BG[,?D4YS">,C\<>W 8_4>@%;>+3/ZF*?/0)O45CX_3#->RX$XS&GJ!3
M -:(](&<M';/6TQ&+ 2E*[$I=\:!25_&<,^9!]<!M:V^\JG%/!G%$7YM>VL4
MP!>#$%P(<PMLH8GHPG KO'2WQ^!3<)_"M<?P+(';[(U>$V(X:6UO?121$\JQ
M.7_<=R<)0S@+%LDXX84WPD1& D[15V3#_0G;<<T%;D5KY5SZ,D[FXL/_.8./
MHW;>WHIB'B>1.8*!)T3<9A(VWXG3<PG"P.=P/' Z\$G%/0$P"IU>FP6W(KR5
MX@X_WP^"[\AT^K*]O=X>X[Z+/W39#BSFNXC9.)0.G+.X%2#+\=W <1(X;F>B
MQ #<'>Z%-PK@B]TWC,=TSXB#O(_E"(QU0T0.[$8P$B%P.5=R8,?!5B]/41:^
M=@L21$1MYL,*]?+@MV@H!_B$VUO9:Z%IM<,G2:_LBG$ M!IU_B_841>6 )<A
M&DY!-'S-D0V0&!"?].'H4-H/Y$T2BN@M6U>.WQB0%+@/6%0W89#X+MXK"-^R
M_^=3#_];J&G;!0=4U(P2ZGZ_9^RM6KS!K-1E^_#'[>W_-+N[UEQV9FC!?* I
MH674_@ZH=T_MVZ?_)CE^+^**W=1[-O4<I!5X.D+M7/?_1?UJ=_6QNXH.@-HU
MXP5<DA? ]@Y>X0[O[NV_4ETAQ9U^FHSB PZJ6I#?=R(S<HZ//+!':MB*$[L.
M8B-80K A_00LA0=EL)YL9YL(KV'W9O;>7'W]0R6#N]TR]L@R-FJ=9.,N_EFB
MX%L40^PIMWM=!-\7H=64CI0\N?1;2V9^T=M@.?59./7\].+ZXXGE2\N7EB^;
MQ)>I!I6^$XR$95#+H)9!F\2@YY<:>/;]Q8<=.3"IWKXG6F\+V1=+J78;+,,^
M/\.6-*K)M5D"M7QJ^;1!?)H+FF,]5#RQ+&I9U+)H0UF41Y&(;5S7LJAET::R
MJ"=!C;J@2+'B,!JV++-:9K7,VE!FE9@8QZ817>"[T 2-%T:E=ALLLS:"6;]>
MGO^7)4S+GY8_F\F?9R? H,R2IN50NPU64#5-4%V&TG?DF'N1VJZ=7T4X$A%S
ML$U1N,P+X-OSAYF^3'JUVV"WP4JOIDDO[GGL_.S$BB_+MW8;ZHNO%/*L&C2H
MD<WCSPA\MF^!S]8<^"RW^&]C3\;PZ1N,>+]C7_@(-NY /<U:/$NSUOC^],-9
M:WOK#*$JSH;"^8YP0\T'J'A_\>%+$(N(,)F6#E^B_NX<2O]>(+C=O4[O<#X8
MW+?)J!]X0 XCZ8).20GB452U^-^P'1<?+F+$I?*#.,.FBH<\9CS%)$H0!@?M
MLI'@$>*4$/ 4?*XOO."NPUZQ3TD8#T68?<#A/KS+0!$*MV./88%CN(;]$^8D
M8._!H^#29X0YQ'8.WG_[_?)#/'S_"O]%Z)-DY+<08-@9LB&/$#FH+P@4:(@'
M&##A8Q&YQC-2YPBO_IG 1@TF8 2%*3[<]I9! ;@@\#&$GNJL OIG\P[MT@."
MIQK@[["= ?Q(T$DR\*,,T@T.5+"?/??/)'AG\"Q^#NE7IJ'9>G2\OELX7L*&
MPLOC)\0/!*C*(?]M;QE:N>72H[.>B-B>VT+G]DGZ\ Q_ :=HB?6V<M\R5*,\
MBE$9Y4BON0!65'.CE3VW5V'/J;;T908E'@AAKYYNKW.LCI=\CL==Z3Y"F7_N
M0<'[>=!*E@<G"B3U!["[LJ<7^A.*&QZ2H#[KM=C/OLNCX3N& )*:(DFJ]X4
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M*/K/GHM.G4Y"9?FGGT-Z73.8KZ#48_Y=^,72ROOH^Y%!&O5WYWCJW)K9O;C
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MN<+CF$2%[?)4P0>93,Y0P#>!\E46!#\&VQ-*;5+=!>%WEMVH8D]Q99%N/ F
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M#   $               @ $     <F-L+3(P,C P-# X+GAS9%!+ 0(4 Q0
M   ( )*(BE!$Y.I4_ H  -^'   4              "  7D#  !R8VPM,C R
M,# T,#A?;&%B+GAM;%!+ 0(4 Q0    ( )*(BE"-!JK.6P<  #]9   4
M          "  :<.  !R8VPM,C R,# T,#A?<')E+GAM;%!+ 0(4 Q0    (
M )*(BE Z+3UH\Q\   ";   2              "  306  !T;3(P,34U-#<M
M,5\X:RYH=&U02P$"% ,4    " "2B(I0?5CFGYEP  !*@P4 %@
M    @ %7-@  =&TR,#$U-30W9#%?97@Q,"TQ+FAT;5!+ 0(4 Q0    ( )*(
MBE#T9]%_VG4  -^0!@ 6              "  22G  !T;3(P,34U-#=D,5]E
?>#$P+3(N:'1M4$L%!@     &  8 B@$  #(= 0    $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>tm2015547-1_8k_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:iso4217="http://www.xbrl.org/2003/iso4217"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="rcl-20200408.xsd" xlink:type="simple"/>
    <context id="From2020-04-07to2020-04-08">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0000884887</identifier>
        </entity>
        <period>
            <startDate>2020-04-07</startDate>
            <endDate>2020-04-08</endDate>
        </period>
    </context>
    <unit id="USD">
        <measure>iso4217:USD</measure>
    </unit>
    <unit id="Shares">
        <measure>shares</measure>
    </unit>
    <unit id="USDPShares">
        <divide>
            <unitNumerator>
                <measure>iso4217:USD</measure>
            </unitNumerator>
            <unitDenominator>
                <measure>shares</measure>
            </unitDenominator>
        </divide>
    </unit>
    <dei:EntityCentralIndexKey contextRef="From2020-04-07to2020-04-08">0000884887</dei:EntityCentralIndexKey>
    <dei:AmendmentFlag contextRef="From2020-04-07to2020-04-08">false</dei:AmendmentFlag>
    <dei:DocumentType contextRef="From2020-04-07to2020-04-08">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate contextRef="From2020-04-07to2020-04-08">2020-04-08</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName contextRef="From2020-04-07to2020-04-08">ROYAL CARIBBEAN CRUISES LTD.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode contextRef="From2020-04-07to2020-04-08">N0</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber contextRef="From2020-04-07to2020-04-08">1-11884</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber contextRef="From2020-04-07to2020-04-08">98-0081645</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1 contextRef="From2020-04-07to2020-04-08">1050 Caribbean Way</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown contextRef="From2020-04-07to2020-04-08">Miami</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince contextRef="From2020-04-07to2020-04-08">FL</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode contextRef="From2020-04-07to2020-04-08">33132</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode contextRef="From2020-04-07to2020-04-08">305</dei:CityAreaCode>
    <dei:LocalPhoneNumber contextRef="From2020-04-07to2020-04-08">539-6000</dei:LocalPhoneNumber>
    <dei:WrittenCommunications contextRef="From2020-04-07to2020-04-08">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial contextRef="From2020-04-07to2020-04-08">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer contextRef="From2020-04-07to2020-04-08">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer contextRef="From2020-04-07to2020-04-08">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle contextRef="From2020-04-07to2020-04-08">Common stock, par value $0.01 per share</dei:Security12bTitle>
    <dei:TradingSymbol contextRef="From2020-04-07to2020-04-08">RCL</dei:TradingSymbol>
    <dei:SecurityExchangeName contextRef="From2020-04-07to2020-04-08">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany contextRef="From2020-04-07to2020-04-08">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>1</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>3</UnitCount>
  <MyReports>
    <Report instance="tm2015547-1_8k.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>00000001 - Document - Cover</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://royalcaribbean.com/role/Cover</Role>
      <ShortName>Cover</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="tm2015547-1_8k.htm">tm2015547-1_8k.htm</File>
    <File>rcl-20200408.xsd</File>
    <File>rcl-20200408_lab.xml</File>
    <File>rcl-20200408_pre.xml</File>
    <File>tm2015547d1_ex10-1.htm</File>
    <File>tm2015547d1_ex10-2.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2019-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>false</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>15
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.1</span><table class="report" border="0" cellspacing="2" id="idp6607593312">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover<br></strong></div></th>
<th class="th"><div>Apr. 08, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Apr.  08,  2020<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">1-11884<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">ROYAL CARIBBEAN CRUISES LTD.<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0000884887<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">98-0081645<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">N0<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1050 Caribbean Way<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">Miami<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">FL<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">33132<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">305<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">539-6000<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common stock, par value $0.01 per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">RCL<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>16
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
