X0306 4 2017-02-07 0 0000884887 ROYAL CARIBBEAN CRUISES LTD RCL 0001391438 Kulovaara Harri U ROYAL CARIBBEAN CRUISES LTD. 1050 CARIBBEAN WAY MIAMI FL 33132 0 1 0 0 EVP, Maritime Common Stock 2017-02-07 4 A 0 3157 0 A 30819 D Represents shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. In accordance with our vesting into retirement policy, award vests in one installment on the first anniversary of the grant date but will be subject to restrictions on transferability through the fourth anniversary of the grant date. Granted in consideration for service as an officer of the issuer. Carrie Levine Schwartz, Attorney-in-Fact for Harri U. Kulovaara 2017-02-09