Norwegian Cruise Line Holdings Ltd. – Credit Agreements Watch

from 8-K 212 pages [*]: The Identified Information Has Been Omitted From the Agreement Because It Is Both (I) Not Material and (II) Is the Type That the Registrant Treats as Private or Confidential. Dated 17 July 2025 Ncl Nextgen Class II Ltd. as Borrower Ncl Corporation Ltd. as Guarantor Bnp Paribas Crédit Agricole Corporate and Investment Bank as Joint Coordinators Cassa Depositi E Prestiti S.P.A. Crédit Agricole Corporate and Investment Bank Bnp Paribas Caixabank, S.A., Succursale in Italia Banco Bilbao Vizcaya Argentaria, S.A., Milan Branch Banco Santander, S.A. as Joint Bookrunners Cassa Depositi E Prestiti S.P.A. Crédit Agricole Corporate and Investment Bank Bnp Paribas Caixabank, S.A., Succursale in Italia Banco Bilbao Vizcaya Argentaria, S.A., Milan Branch Banco Santander, S.A. Kfw Ipex-Bank Gmbh Intesa Sanpaolo Bank Luxembourg S.A. as Mandated Lead Arrangers Commerzbank AG, New York Branch Hsbc Bank PLC as Lead Arrangers Unicredit S.P.A. Banco Bpm Jp Morgan Chase Bank N.A., London Branch as Arrangers the Banks and Financial Institutions Listed in Schedule 1 as Original Lenders Crédit Agricole Corporate and Investment Bank as Facility Agent and Eca Agent Crédit Agricole Corporate and Investment Bank as Security Agent Sace Facility Agreement Relating to the Part Financing of a Cruise Vessel With Hull No. [*] Currently Under Construction by Fincantieri S.P.A. Index

from 8-K 215 pages This Incremental Assumption and Amendment No. 2 to the Credit Agreement, Dated as of June 26, 2025 (This “Amendment”), Among Ncl Corporation Ltd., a Bermuda Exempted Company Limited by Shares (The “Borrower”), the Other Loan Parties Party Hereto, the Lenders Party Hereto and Jpmorgan Chase Bank, N.A., as Administrative Agent for the Lenders (The “Administrative Agent”) and Collateral Agent for the Secured Parties (The “Collateral Agent”)

from 10-Q 16 pages Dated 11 March 2025 ​ Amendment to the Term Loan Facility ​ ​ Leonardo Six, Ltd. as Borrower ​ and ​ Ncl Corporation Ltd. as Guarantor ​ and ​ Ncl International, Ltd. as Shareholder ​ and ​ Norwegian Cruise Line Holdings Ltd. as the Holding and ​ Ncl (Bahamas) Ltd. as Charterer

from 10-Q 16 pages Dated 11 March 2025 ​ Amendment to the Term Loan Facility ​ ​ Leonardo Five, Ltd. as Borrower ​ and ​ Ncl Corporation Ltd. as Guarantor ​ and ​ Ncl International, Ltd. as Shareholder ​ and ​ Norwegian Cruise Line Holdings Ltd. as the Holding and ​ Ncl (Bahamas) Ltd. as Charterer

from 10-Q 15 pages Dated 11 March 2025 ​ Amendment to the Term Loan Facility ​ ​ Leonardo Four, Ltd. as Borrower ​ and ​ Ncl Corporation Ltd. as Guarantor ​ and ​ Ncl International, Ltd. as Shareholder ​ and ​ Norwegian Cruise Line Holdings Ltd. as the Holding and ​ Ncl (Bahamas) Ltd. as Charterer

from 10-Q 15 pages Dated 11 March 2025 ​ Amendment to the Term Loan Facility ​ ​ Leonardo Three, Ltd. as Borrower ​ and ​ Ncl Corporation Ltd. as Guarantor ​ and ​ Ncl International, Ltd. as Shareholder ​ and ​ Norwegian Cruise Line Holdings Ltd. as the Holding and ​ Ncl (Bahamas) Ltd. as Charterer

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ O Class Plus Two, LLC as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Oceania Cruises Ltd. as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 19 December 2018 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of the 1,258 Passenger Cruise Ship Newbuilding Presently Designated as Hull No. [*] at Fincantieri S.P.A ​ ​

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ O Class Plus One, LLC as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Oceania Cruises Ltd. as Shareholder and as Charterer ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 19 December 2018 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of M.V. "Vista" ​ ​

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Explorer III New Build, LLC as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Seven Seas Cruises Ltd. as Shareholder and Charterer ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 19 December 2018 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of M.V. "Seven Seas Grandeur" ​ ​

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Leonardo Six, Ltd. as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Ncl International, Ltd. as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 19 December 2018 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of the 3,300 Passenger Cruise Ship Newbuilding Presently Designated as Hull No. [*] at Fincantieri S.P.A ​ ​

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Leonardo Five, Ltd. as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Ncl International, Ltd as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ and ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​

from 10-K 9 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Leonardo Four, Ltd. as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Ncl International, Ltd. as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ and ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 12 April 2017 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of the 3,300 Passenger Cruise Ship Newbuilding Presently Designated as Hull No. [*] at Fincantieri S.P.A ​ ​

from 10-K 9 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Leonardo Three, Ltd. as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Ncl International, Ltd. as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ and ​ Bnp Paribas as Facility Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 12 April 2017 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of the 3,300 Passenger Cruise Ship Newbuilding Presently Designated as Hull No. [*] at Fincantieri S.P.A ​ ​

from 10-K 11 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Leonardo Two, Ltd. as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Ncl International, Ltd. as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Ncl (Bahamas) Ltd. as Charterer ​ Crédit Agricole Corporate and Investment Bank as Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 12 April 2017 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of M.V "Norwegian Viva". ​

from 10-K 11 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Leonardo One, Ltd. as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Ncl International, Ltd. as Shareholder ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Ncl (Bahamas) Ltd. as Charterer ​ Crédit Agricole Corporate and Investment Bank as Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 12 April 2017 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of M.V "Norwegian Prima". ​

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Explorer II New Build, LLC as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Seven Seas Cruises Ltd. as Shareholder and Charterer ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ ​ Crédit Agricole Corporate and Investment Bank as Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 30 March 2016 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of M.V "Seven Seas Splendor". ​

from 10-K 10 pages Dated 31 January 2025 ​ Amendment to the Term Loan Facility ​ ​ ​ ​ Explorer New Build, LLC as Borrower ​ Ncl Corporation Ltd. as Guarantor ​ Seven Seas Cruises Ltd. as Shareholder and Charterer ​ Norwegian Cruise Line Holdings Ltd. as the Holding ​ Crédit Agricole Corporate and Investment Bank as Agent ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Supplemental Agreement Relating to a Facility Agreement Originally Dated 31 July 2013 (As Amended, Amended and Restated and as Supplemented From Time to Time) in Respect of the Part Financing of M.V "Seven Seas Explorer". ​

from 10-K 19 pages Ninth Supplemental Agreement Relating to the Secured Credit Agreement Dated 14 July 2014, as Most Recently Amended and Restated on 15 June 2023 and as Most Recently Amended on 30 November 2023 for the Dollar Equivalent of Up to €748,685,000 Pre and Post Delivery Finance for Hull No. [*] ​

from 10-K 19 pages Eighth Supplemental Agreement Relating to the Secured Credit Agreement Dated 14 July 2014, as Most Recently Amended and Restated on 15 June 2023 and as Most Recently Amended on 30 November 2023 for the Dollar Equivalent of Up to €710,831,000 Pre and Post Delivery Finance for Hull No. [*]

from 10-K 18 pages Eighth Supplemental Agreement Relating to the Secured Credit Agreement Dated 12 October 2012, as Most Recently Amended and Restated on 15 June 2023 and as Most Recently Amended on 30 November 2023 for the Dollar Equivalent of Up to €729,854,685.50 Pre and Post Delivery Finance for Hull No. [*]