X0306 4 2018-02-13 0 0000884887 ROYAL CARIBBEAN CRUISES LTD RCL 0001492662 Bayley Michael W ROYAL CARIBBEAN CRUISES LTD. 1050 CARIBBEAN WAY MIAMI FL 33132 0 1 0 0 Pres& CEO,Royal Caribbean Intl Common Stock 2018-02-13 4 A 0 10081 0 A 79530 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, 25% of the award vests on each of February 13, 2019, February 13, 2020, February 13, 2021 and August 2, 2021. Notwithstanding the foregoing vesting schedule, the shares vesting on August 2, 2021 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. Ryan Lawrence, Attorney-in-Fact for Michael W. Bayley 2018-02-14