Carnival Corporation Announces that the Micky and Madeleine Arison Family Foundation Commits $3 Million to Support Ukraine Humanitarian Relief Efforts

Rhea-AI Summary

Carnival Corporation (NYSE: CCL; NYSE: CUK) announced a $3 million commitment from the Micky and Madeleine Arison Family Foundation to support humanitarian aid for Ukrainian refugees. This includes $1 million each to World Central Kitchen, Direct Relief, and UNICEF USA. Additionally, Carnival Cruise Line donated $50,000 to World Central Kitchen. The company emphasizes its commitment to humanitarian efforts amidst the ongoing crisis in Ukraine, with CEO Arnold Donald expressing solidarity with affected individuals.

Positive

• The Micky and Madeleine Arison Family Foundation pledged $3 million for Ukraine humanitarian relief.
• Donation breakdown includes $1 million each to three reputable organizations aiding Ukrainian refugees.
• Carnival Cruise Line contributed an additional $50,000 to World Central Kitchen.

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• None.

MIAMI, March 18, 2022 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced that the Micky and Madeleine Arison Family Foundation pledged $3 million in donations to organizations providing vital medical and humanitarian aid to Ukrainian refugees displaced or forced to flee abroad.

The family foundation of Carnival Corporation's Chairman Micky Arison and his wife Madeleine will dedicate $1 million to each of the following organizations involved in relief efforts:

• World Central Kitchen: providing fresh meals to Ukrainian families fleeing home and remaining in the country
• Direct Relief: providing medical aid, medicines and supplies to people displaced within Ukraine and those who have fled to neighboring countries
• UNICEF USA: working with partners to reach vulnerable children and families with essential services – including health, education, protection, water and sanitation – as well as life-saving supplies

In addition, Carnival Corporation's namesake brand, Carnival Cruise Line, has made a $50,000 donation to World Central Kitchen, honoring its employees and crew members from Ukraine. In Europe, Costa Group – which includes the Costa Cruises and AIDA Cruises brands – was able to donate medical supplies and medicines to support the treatment of injuries and common diseases in Ukraine. Additional support efforts are underway by other Carnival Corporation brands.

"We stand for peace and our hearts go out to everyone whose lives have been upended by the invasion of Ukraine," said Arnold Donald, CEO of Carnival Corporation. "We have crew members from 145 countries and we sail with guests from nations around the globe, so we feel deeply the human impact of this humanitarian crisis and we join many others in supporting relief efforts."

About Carnival Corporation & plc
Carnival Corporation & plc is one of the world's largest leisure travel companies with a portfolio of nine of the world's leading cruise lines sailing to all seven continents. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.

Additional information can be found on www.carnivalcorp.com, www.carnival.com, www.princess.com, www.hollandamerica.com, www.seabourn.com, www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and www.cunard.com.

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SOURCE Carnival Corporation & plc

FAQ

What is Carnival Corporation's recent donation to Ukraine humanitarian efforts?

Carnival Corporation announced a $3 million donation from the Micky and Madeleine Arison Family Foundation for Ukrainian humanitarian relief.

How much did Carnival Cruise Line donate for Ukrainian aid?

Carnival Cruise Line donated $50,000 to World Central Kitchen to support Ukrainian relief efforts.

Which organizations received donations from the Arison Family Foundation for Ukraine support?

The Arison Family Foundation allocated $1 million each to World Central Kitchen, Direct Relief, and UNICEF USA for Ukrainian humanitarian aid.

What does Carnival Corporation's CEO say about the Ukraine crisis?

CEO Arnold Donald stated that Carnival stands for peace and expresses deep concern for those affected by the Ukraine crisis.

What is the significance of the Arison Family Foundation's pledge for Carnival Corporation?

The pledge highlights Carnival Corporation's commitment to humanitarian efforts and community support amidst global crises.