Mr. Fain served as Chairman and Chief Executive Officer of the Company from 1988 through January 2022 and continued as Chairman until November 2025. He has been a director of the Company since 1981 and continues to serve in that capacity. A recognized industry leader, Mr. Fain has participated in the shipping industry for over 50 years and has held numerous prominent leadership roles, including Chairman of the Cruise Lines International Association (CLIA), the largest cruise industry trade association. He is also the author of a best-selling book on developing a strong corporate culture based on his experience at the Company. Mr. Fain currently serves on the University of Miami Board of Trustees and the UHealth Board of Directors. He previously served as Chairman of the University of Miami Board of Trustees, the Miami Business Forum, the Greater Miami Convention and Visitors Bureau, the UHealth Board of Directors, and the United Way of Miami Dade. Mr. Fain s breadth of experiences, tenure and leadership provide incomparable insights into the history, operations, and strategic vision of the Company as well as the evolution and direction of the cruise industry as a whole. Having served as Chairman & CEO for over 33 years, Mr. Fain helped grow the Company from a one brand Caribbean centric operation with berthing capacity of approximately 5,000 to the second largest cruise company in the world with a portfolio of global and regional brands that operate around the globe.