Norwegian Cruise Line refreshes Board of Directors

Russell W. Galbut and Chad A. Leat Bring Extensive, Diverse Experience to Company’s Board

Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) together with NCL Corporation Ltd, today announced two new independent members have been appointed to the Company’s Board of Directors.

Mr. Russell W. Galbut, Managing Principal of Crescent Heights, one of America’s largest and most respected residential developers of quality condominiums, and Mr. Chad A. Leat, retired Vice Chairman of Global Banking at Citigroup Inc., joined the Board effective November 11, 2015. Mr. Galbut and Mr. Leat fill two formerly vacant director seats, resulting in a full Board comprised of 11 members.

“It is my pleasure to welcome Russell and Chad to our board of directors,” said Walter L. Revell, chairman of the Board. “Our board is committed to recruiting the best leaders across business disciplines and with diverse backgrounds that will support Frank and his team in continuing Norwegian’s successful track record.”

“The extensive knowledge and experience that Russell and Chad bring to our board will be invaluable,” said Frank J. Del Rio, president and chief executive officer of Norwegian Cruise Line Holdings and a member of the Company’s Board. “Each will offer fresh perspectives and contribute to the development of Norwegian’s short and long-term growth strategies for delivering industry-leading returns and building shareholder value,” continued Del Rio.

In addition to their appointment to the Board, Mr. Leat was also appointed to the Audit Committee of the Board, where he will serve as Chairperson, and Mr. Galbut to the Compensation Committee of the Board.

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