FINCANTIERI: DISCOVERY PRINCESS FLOATS OUT IN MONFALCONE

Trieste, March 18, 2021 - Discovery Princess, the sixth Royal-class ship built for the ship operator Princess Cruises, a brand within Carnival Corporation, floated out today at Fincantieri's shipyard in Monfalcone. Interior fittings will now begin, leading the vessel to delivery, scheduled next year.

The new unit, at 145,000 gross tons, is built on the basis of the successful sister vessel project of Royal Princess, Regal Princess, Majestic Princess, Sky Princess and Enchanted Princess, built and delivered in the same shipyard starting from 2013, introducing a new generation of ships so well-received by the cruise passengers.

Like her sister ships, the vessel will represent a new technological benchmark in Europe and worldwide for her innovative layout, outstanding performances and the top quality of its state-of-the-art marine technology. She will be the best proof that innovation and customer care are fundamental levers in showcasing market leadership and will further consolidate Fincantieri's long-time partnership with Carnival Corporation, the world's largest cruise ship operator and leisure travel company.

The partnership between the Monfalcone yard and Princess Cruises will continue with two next-generation cruise ships. These will be the largest built so far in Italy with a gross-tonnage of 175,000 tons, will accommodate approximately 4,300 guests and will be the first of the ship owner's fleet to be dual-fuel powered primarily by Liquefied Natural Gas (LNG).

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Fincantieri is one of the world's largest shipbuilding groups, global Italian leader in cruise ship design, reference player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high-complexity ferries to mega yachts, as well as production of systems and component equipment for mechanical and electrical segments, from cruise ship interiors solutions, electronic and software systems, to infrastructures and maritime constructions, as well as after-sales services. With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in four continents and with over 20,000 employees.

The Group's clients include the biggest cruise operators, being exclusive supplier for the Italian Navy and reference partner for the US Navy, as well as numerous foreign navies. Fincantieri also plays a key role in some of the main European defence companies within supranational programs.

Fincantieri's main strategic leverage is expanding its competences and skills. This key element allows the company to successfully operate in its core business, as well as in different high value-added sectors and markets in terms of organizational structure, management of complexity, innovation, and sustainability.

www.fincantieri.com

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Fincantieri S.p.A. published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 12:09:01 UTC.