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1

The merger involved

a total of 161 people.

Organizational structure

To strengthen the business and

respond more effectively to market

trends, in 2015 the Costa Crociere

Group changed its organizational

structure by merging and integrating

1

the Marine Operations function into the

newly established subsidiary Carnival

Maritime GmbH headquartered in

Hamburg (Germany). This was done

to concentrate in the one center of

excellence all the fleet operations

activities of both Costa Cruises and

AIDA Cruises, thereby enabling greater

synergies in terms of expertise and

technological infrastructure.

The same logic was behind the

appointmentof theCostaAsiaPresident,

who will be directly overseeing the

development of the rapidly growing

cruise industry in China. The strategic

objectives guiding the reorganization

were as follows:

Reduction in complexity

Creation of greater synergies between the different brands

Improved efficiency in terms of operating costs and investments

Sharing and implementation of best practices

Greater focus on reference markets, especially China

Costa Crociere Group

DIGITAL

UNIT

STRATEGIC

DEVELOPMENT

HUMAN

RESOURCES

FINANCE

ADMINISTRATION

& CONTROL

COSTA CRUISES

AIDA

CARNIVAL

MARITIME

RISK ADVISORY

& ASSURANCE

SHARED

SERVICES

NEW

BUILDING

CEO