NCLH Appoints Jason Montague as Chief Luxury Officer

• Advancing NCLH’s “Charting the Course” strategy, Montague will oversee Oceania Cruises and
Regent Seven Seas Cruises as they execute their long-term newbuild and refurbishment program.
• Industry veteran and President of Oceania Cruises, Frank A. Del Rio, will report to Montague.
• President of Regent Seven Seas Cruises, Andrea DeMarco, to step down after creating a new brand
strategy that lays the foundation for a banner 2025.

MIAMI – Jan 6, 2025 – Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) today announced a new
leadership structure to execute on its multibillion-dollar fleet expansion for its ultra-premium and luxury
cruise brands. Jason Montague has been appointed Chief Luxury Officer for NCLH, effective February 17,
2025, overseeing both Regent Seven Seas Cruises and Oceania Cruises, capitalizing on his extensive
industry expertise and strong track record previously leading these brands. This appointment
underscores NCLH’s focus on its Charting the Course strategy, which includes adding five newbuilds to its
upscale brands’ fleets and plans to refurbish nearly all their existing vessels.

“With over 20 years of expertise in luxury hospitality and a strong track record of driving excellence,
Jason brings exceptional strategic expertise to our company and to our executive team,” “Having already led Oceania Cruises and Regent Seven Seas Cruises in the past, Jason is uniquely positioned to shape their future. His unwavering passion for these brands, coupled with his financial acumen, alignment with our corporate culture and strong focus on executing our Charting the Course strategy, make him the ideal leader for this next phase of growth. Jason is ready to hit the ground running from day one, and I am confident his leadership will propel our brands forward, setting new standards in upscale travel.”

Sommer, president and CEO at Norwegian Cruise Line Holdings.

To advance NCLH’s bold vision for the future, the company plans to substantially increase its presence
and positioning in the ultra-premium and luxury markets. Over the next five years, NCLH will execute its
previously announced multibillion-dollar investment in its upscale brands as it pursues continued
leadership in this market. For Oceania Cruises, the brand is expecting three newbuilds through 2029,
starting with Allura later this year. Additionally, the brands’ ships Marina and Riviera will be refurbished
in 2026 and 2027, respectively. For Regent Seven Seas Cruises, two new vessels will be added through
2029, in addition to planned enhancements to Seven Seas Mariner and Seven Seas Voyager in 2025 and
2026, respectively.

"I am deeply honored to once again lead Regent Seven Seas Cruises and collaborate with Frank in leading Oceania Cruises,". "This is an exciting time for these two award-winning brands, as we are ready to execute on our commitment to delivering sophisticated mid-sized, upscale and luxurious ships with elegant designs and state-of-theart offerings. Also, the passion and exceptional talent of team members across each brand, both shoreside and shipside, are a true inspiration. I am confident we will set new standards and create unforgettable experiences for our guests."

Montague, incoming chief luxury officer at Norwegian Cruise Line Holdings.

Before this appointment, Montague served as a Special Advisor to NCLH for two years after leading the
Regent Seven Seas Cruises brand as President and Chief Executive Officer until 2022. Before that, he
served as President and Chief Operating Officer for both the Oceania Cruises and Regent Seven Seas
Cruises brands, where he successfully oversaw the launch of Sirena for Oceania Cruises and the Seven
Seas Explorer for Regent Seven Seas Cruises. Before NCLH’s acquisition of Prestige, Montague was Chief
Financial Officer and Executive Vice President at Prestige, where he played a key role in launching
Oceania Cruises, overseeing the purchase of its initial R-class vessels, securing an investment from Apollo
Global Management, and acquiring Regent Seven Seas Cruises. He also led the financing and delivery of
Oceania Cruises’ new ships, Marina and Riviera. Prior to that, he served as Oceania Cruises’ VP &
Treasurer and SVP of Finance. Earlier, he ran a consulting practice focused on strategic planning for SMEs
and was VP of Finance at Alton Entertainment Corporation. Montague holds a B.B.A. in Accounting from
the University of Miami.

To provide transition support, Andrea DeMarco, president of Regent Seven Seas Cruises will remain in
her role through March 4, 2025. DeMarco’s leadership has been instrumental in the success of Regent
Seven Seas Cruises over the last few years. “We are grateful to Andrea for her more than a decade of
contribution to the company and for setting the foundation for Regent Seven Seas Cruises’ continued
growth and success. We wish her the very best in her next chapter,” said Harry Sommer, president and
CEO at Norwegian Cruise Line Holdings.