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Form 8-K · Current Report · Filed 2024-05-31

Royal Caribbean Cruises Ltd. Shareholders Approve Director Elections and Executive Compensation

On May 29, 2024, Royal Caribbean Cruises Ltd.

Filer
Royal Caribbean Group RCL · NYSE
Filed
Accession
0001104659-24-067297
CIK
0000884887
Signal
Medium impactConsumer Cyclical

Details

held its Annual Meeting where shareholders voted on three key proposals. All fourteen director nominees were elected, with majority votes for each. The advisory approval of the company's compensation of its named executive officers also received majority support. Additionally, the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024 was approved by a majority of the votes cast.

Items reported

Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved Say-on-Pay Approved

Market reaction

Close before filing

$147.49

Next session

+2.4%

Since filing

+115.8%

Latest close

$318.30

What happened, not what will happen — closing prices around the filing date.

About Royal Caribbean Group

Royal Caribbean Group is a prominent player in the global cruise industry, operating a diverse range of brands including Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. The company is renowned for providing innovative and luxurious cruise experiences, often integrating cutting-edge technology and exceptional amenities to elevate passenger comfort and entertainment. Royal Caribbean Group offers itineraries to destinations worldwide, serving various demographics from adventure seekers to luxury travelers. With a strong emphasis on expanding its fleet with environmentally friendly and technologically advanced ships, the company plays a vital role in setting industry standards for sustainability and customer satisfaction. Headquartered in Miami, Florida, Royal Caribbean Group significantly contributes to tourism sectors across numerous regions, impacting local economies through its robust network of ports and services. Its strategic focus on personalized experiences and destination-rich voyages underscores its influence in reshaping the contemporary cruising landscape.

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