MSC CruisesA global player on a path to further growth

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Our story begins in the heart of the Mediterranean Sea, in Sorrento, where

Gianluigi Aponte, MSC Group’sfounder and executive chairman,

was born.

He comes from a long line of captainsand ship owners, who have been playing

their part in the history of navigation throughout the world since 1675.

Our story

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Our mission, as a family-owned business, is to translate our love and passion for the

sea into unique and unforgettable emotions

for our guests through the discovery

of the world’s cultures, beauties and tastes.

MSC CruisesMasters of the Sea

MSC GROUP AND MSC CRUISES

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MSC GROUP: One family, Masters of the Sea

MSC

(Mediterranean Shipping

Company)Family owned since 1970

World’s 2nd biggest container carrier

480 agency offices

150 countries

More than 465 cargo vessels

MSC Group: 52,000 staff

MSC CRUISESWorld’s biggest privately owned cruise line

4th largest largest cruise brand in the world

Market leader in Europe, South America and South

Africa

16,000 employees and growing

In the midst of an unprecedented EUR 9bn

investment plan: 11 new ultra-modern ships in

the next ten years

12 elegant and technologically advanced ships

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Today’s fleet : 12 elegant and technologically advanced ships

Ship Year Tonnage GRT Cabins Guests Crew

MSC Preziosa 2013 139'400 1'751 4'345 1'388

MSC Divina 2012 139'400 1'751 4'345 1'388

MSC Splendida 2009 137'936 1'637 4'363 1'370

MSC Fantasia 2008 137'936 1'637 4'363 1'370

MSC Magnifica 2010 95'128 1'259 3'223 1'038

MSC Poesia 2008 92'627 1'275 3'223 1'039

MSC Orchestra 2007 92'409 1'275 3'223 1'054

MSC Musica 2006 92'409 1'275 3'223 1'014

MSC Sinfonia 2005 65'542 976 2'679 721

MSC Armonia 2004 65'542 976 2'679 721

MSC Opera 2004 65'875 1'071 2'679 721

MSC Lirica 2003 65'875 988 2'679 721

Total 15'871 41'024 12'545

MSC Fantasia

MSC Musica

MSC Lirica

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A ship – a living experience

We sail to 150+ of the world’s most sought-

after cruise destinations in the world

Our destinations and current global reach

850 cruises per year

150 destinations

167 itineraries

2,000 excursions

+190 different guest nationalities

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Building sustained growth on accomplished business successes

2003-2013

€ 5.7bn investment

12 ships in 10 years

2016–2026

€ 9bn investment

11 ships in 10 years

Ships YearTonnage

GRTPassengersCabins

MSC Meraviglia

2017 167,600 5,7002,250

MERAVIGLIA PLUS class

MSC Bellissima

MSC SEASIDE

class

WORLD class

2019 167,600 5,7002,250

2,444 6,297177,10020202022

2,067 5,179160,000201720182021

2,700 7,000200,000

2022202420252026

PROTOTYPE STILL UNDER

DEVELOPMENT

# Ships

1

1

2

2 + 1

2 + 2

Passenger growth: 800% in the first 10 years

9

0

500.000

1.000.000

1.500.000

2.000.000

2.500.000

3.000.000

3.500.000

4.000.000

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03

20

04

20

05

20

06

20

07

20

08

20

09

20

10

20

11

20

12

20

13

20

14

20

16

20

17

20

18

20

19

20

20

20

21

127

k

46

0k

38

0k

23

0k

62

0k

79

0k

1.1m

1.3

1m

1.3

4m

1.6

4m

1.6

7m

1.6

3m

1.7

1m

1.8

4m

2.2

8m

Total pax:

2.5

1m

2.7

5m

2.9

9m

3.4

4m

1.4

3m

CAGR: +18.96% Capacity will be doubled by 2022, and will reach 5 million passengers per year by 2026 with the delivery of the WORLD class ships

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Total:3,4m

1,7m

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A marvellous 167,600 GRT ship with 2,250 guest cabins, and a capacity of up to 5,700 guests

A 96 metre-long Mediterranean-style promenade, featuring the longest LED dome at sea

Duplex, luxury + modular cabins

12 dining venues, 20 bars and lounges, widest choice of Mediterranean and international cuisines

Filled with the latest cutting-edge technology

Featuring exclusively Cirque du Soleil and other world-class entertainment

Enhanced MSC Yacht Club: private solarium, pool, restaurant and more

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June 2017: MSC MERAVIGLIA – the ship for all seasons

December 2017: MSC SEASIDE – the ship that follows the sun

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A highly innovative 160,000 GRT ship with 2,070 guest cabins, and a capacity of up to 5,179 guests

MSC Seaside will lead the way for a new generation of cruise ships with their revolutionary architecture and cutting-edge technology

She will be the first ship in the MSC Cruises' fleet to be christened in the United States, sailing in the Caribbean year-round from Miami's Port starting in December 2017

MSC Seaside will offers a unique cruise experience in total connection with the sea, with connecting inside and outside public spaces. A unique waterfront promenade wraps right around the 323-metre ship

• A magnificent 331m long, 177,100 GRT ultramodern mega-ship

• 2,444 guest cabins, (200 more than MSC Meraviglia), with a capacity of up to 6,297 guests

• Featuring the first ever fine art museum at sea

• An extended 111m long Mediterranean-style promenade and featuring a longer 95m LED sky screen

• Brand-new MSC Aurea Spa wellness restaurant

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November 2019: MERAVIGLIA-PLUS

2022 – 2026: WORLD class

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WORLD class prototype under development

The four ships provided under the LOI –two firm orders and two further options –will be delivered in 2022, 2024, 2025, 2026

These will be based on yet another advanced new next-generation prototype and will form what will be known as the “World Class” of MSC Cruises ships

They will feature a GRT in excess of 200,000 tonnes, more than 2,700 cabins and approx. 7,000 total capacity

The announcement of the WORLD class at the Élysée Palace on 4 June 2016

TAKING CRUISE EXPERIENCES TO NEW HEIGHTS

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MSC Cruises: key differentiators

Design

Expertise QualityFood

Entertainment

Itineraries

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1. The elegant side of the Mediterranean

2. A passion for the sea that translates into creating unique and

unforgettable emotions for guests

3. Discovery of the world’s cultures, beauties and tastes, all year-round

4. Ultra-modern, elegantly designed ships

5. Comfortable accommodation with family friendly options

6. International dining with always fresh and authentic food

7. Award-winning entertainment

8. Plenty of relaxation to reinvigorate body and soul

9. Impeccable service and high-level expertise

10.World-class partnerships for the ultimate on-board experiences

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What distinguishes an MSC cruises experience?

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Strategic partnerships

MSC Cruises: Masters of the Sea

300 years of seafaring tradition

Passion for creating unique experiences

Meticulous attention to every detail and commitment to excellence

Our Partners: World-Class Experts

Best-in-class in their field

Internationally recognised

Award-winning companies, brands and professionals

Strategic approach that brings together the expertise of MSC Cruises with that of other leaders in their fields

The unique “ship within a ship” concept is specially designed for guests seeking exclusivity and privacy in a world full of choice.

MSC Yacht Club guests enjoy the unparalleled luxury of a private yacht, whilst having access to the vast array of facilities, entertainment and services that an MSC Cruises ship offers.

MSC Yacht Club

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THE FACILITIES: our ships are designed with a wide range of facilities thought especially for the delight of our guests from Aquapark, to casino, theatre and MSC spa

THE SERVICES: to complete the facilities, we have set up an offering to entertain our guests and offer an exceptional experience, i.e. kids clubs, sports and fitness activities, specialty restaurants and live entertainment.

Every element designed to create a unique experience

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Next-generation technology at sea

Partnering with Samsung for latest, next-generation technology on the whole fleet, starting with MSC Meraviglia

Covers everything from latest displays and mobile solutions to medical equipment, as well as products for augmented reality experiences

Other guest-friendly technology includes Near Field Communication (NFC), usingcruise card, bracelet or smartphone

iBeacon technology to communicate with guests' mobile devices and send tailored pushnotifications about info and offers relating to their interests

BELLA EXPERIENCE

Designed to ensure a pleasant stay on board

Guests’ experience range

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FANTASTICA EXPERIENCE

Designed for even greater comfort and flexibility

AUREA EXPERIENCE

Designed to offer reinvigorating, all-inclusive comfort

MSC YACHT CLUB EXPERIENCE

The elite cruise for exclusive travel

WELLNESS EXPERIENCE

POWERED BY TECHNOGYM

Designed to give you wellness at its best