NEW SHIP SILVER DAWN FLOATS OUT IN ANCONA:

EXCITEMENT BUILDS FOR THE 10TH SHIP IN SILVERSEA'S FLEET

(Monaco/Trieste --January 14, 2021) Silversea Cruises' new ship Silver Dawn touched water for the first time today during her float-out at the Fincantieri shipyard in Ancona, Italy. The fitting out phase will now begin - during which Fincantieri's skilled craftspeople will bring the ship's elegant interiors to life. Silver Dawn will become the 10th ship in the leading ultra-luxury cruise line's fleet. With the delivery of both Silver Origin and Silver Moon in 2020, and with the delivery of Silver Dawn scheduled for November 2021, Silversea Cruises- and the global cruise industry in general-continues to demonstrate great resilience.

"We proudly celebrate this major milestone in the build of our beautiful new Silver Dawn" says Roberto Martinoli, President and CEO of Silversea Cruises. "Our long-term collaboration with Fincantieri continues to push boundaries in the ultra-luxury cruise industry, while the ongoing support and expertise of the Royal Caribbean Group has been invaluable to the ship's build. While Silver Dawn takes influence from our beloved ships Silver Muse and Silver Moon, our guests will benefit from many pioneering enhancements aboard the tenth ship in our fleet. We look forward to revealing these in the coming months".

Luigi Matarazzo, General Manager Merchant Ships Division of Fincantieri, stated: "Based on the very successful design of Silver Muse, Silver Dawn is the fourth ship we will have built for Silversea. For a shipbuilder

there can be no better acknowledgement than the one of a demanding and prestigious owner who welcomes

innovation with enthusiasm. We are therefore extremely proud to celebrate the launch of this ship. She

consolidates the technological and management leadership of our Group which takes on even greater value

in the very challenging situation we are experiencing".

The third ship in the Muse-class series, and part of a long-term plan to grow and enhance the cruise line's

already luxurious fleet, Silver Dawn will be a sistership to Silversea's Silver Muse, built in the Fincantieri

shipyard of Sestri Ponente (Genoa) in April 2017, and Silver Moon, which was delivered in Ancona in October

2020.

Accommodating just 596 guests in 298 ocean-view suites - 96% of which will have a private veranda - and

with a crew-to-guest ratio of 1:1.45, Silver Dawn will maintain the small-ship intimacy and spacious

accommodation which are the hallmarks of the Silversea experience. She will offer guests many exciting

enhancements when compared to Silver Muse and Silver Moon, which will be unveiled in due course.

Providing superlative comfort and an enhanced onboard experience, she will unlock authentic travel

experiences for Silversea's discerning guests in the world's most spectacular destinations.

Download images from Silver Dawn's float out:https://www.dropbox.com/sh/k0f9v6mbbf2hp1e/AACpwrINln0JWGZ2oW3IBaL9a?dl=0

View Silver Dawn's scheduled voyages: https://www.silversea.com/ships/silver-dawn.html

Please refer tohttps://www.silversea.com/health-and-travel-notice.htmlfor the latest health and travel

advisories pertaining to cruise travel.

About Silversea

Part of the Royal Caribbean Group, Silversea Cruisesis recognised as an innovator in the ultra-luxury cruise industry, offering guests large-ship amenities aboard its intimate, all-suite vessels: Silver Wind, Silver Shadow, Silver Whisper, Silver Spirit, Silver Muse and Silver Moon - all designed to offer an atmosphere of conviviality and casual elegance. With the inclusion of the expedition ships Silver Origin, Silver Explorer, and Silver Cloud, Silversea's itineraries encompass all seven continents and feature worldwide luxury cruises to the Mediterranean, the Caribbean, the Galapagos, both Polar Regions, and hundreds of fascinating destinations in between. Silversea is also looking forward to the launch of three new ultra-luxuryships: Silver Dawn and two Evolution-classships. Browse Silversea's blog,Discover,and subscribeto receive the latest content directly into your inbox.

About Fincantieri

Fincantieri is one of the world's largest shipbuilding groups and number one for diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry sectors, from naval to offshore vessels, from high-complexity special vessels and ferries to mega yachts, as well as in ship repairs and conversions, production of systems and mechanical and electrical component equipment, cruise ship interiors solutions, electronic systems and software, infrastructures and maritime constructions as well as after-sales services. With over 230 years of history and more than 7,000 vessels built, Fincantieri has always kept its management offices, as well as all its distinctive engineering and production skills, in Italy. With over 9,500 employees and a supplier network that employs nearly 50,000 people in Italy

alone, Fincantieri has enhanced a fragmented production capacity over several shipyards into a strength, acquiring the widest portfolio of clients and products in the cruise business. To hold its own in relation to competition and assert itself at global level, Fincantieri has broadened its product portfolio becoming world leader in the sectors in which it operates. The Group now has 18 shipyards operating in four continents, nearly 20,000 employees, and is the leading Western shipbuilder; its clients include the world's biggest cruise operators and the Italian and the US Navy as well as numerous foreign navies. Fincantieri is also a partner of some of the main European defence companies within supranational programs. Fincantieri's business is widely diversified by end markets, geographical exposure and by client base, with revenue generated from cruise ship, naval vessel, Offshore and Specialized Vessel construction and from the supply of solutions for electronic systems and software and for maritime infrastructure and works. Compared with less diversified players, such diversification allows it to mitigate the effects of any fluctuations in demand on the end markets served. www.fincantieri.com

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FINCANTIERI S.p.A. - Media Relations

Antonio Autorino

Marco Cappeddu

Laura Calzolari

Tel. +39 040 3192473

Tel. +39 02 72491125

Tel. +39 040 3192527

Mob. +39 335 7859027

Mob. +39 342 5806290

Mob. +39 334 6587922

antonio.autorino@fincantieri.it

marco.cappeddu@fincantieri.it

laura.calzolari@fincantieri.it

Cristiano Musella

Micaela Longo

Emanuele Macaluso

Tel. +39 040 3192225

Tel. +39 040 3192247

Tel. +39 040 3192667

Mob. +39 366 9254543

Mob. +39 366 6856280

Mob. +39 344 2737019

cristiano.musella@fincantieri.it

micaela.longo@fincantieri.it

emanuele.macaluso@fincantieri.it

FINCANTIERI S.p.A. - Investor Relations

Caterina Venier Romano

Valentina Fantigrossi

Tel. +39 040 3192229

Tel. +39 040 3192243

caterina.venierromano@fincantieri.it

valentina.fantigrossi@fincantieri.it

SILVERSEA CRUISES - Media Relations

Americas:

BRAD BALL

Director of Public Relations, The Americas Silversea Cruises

Wells Fargo Center | 333 SE 2nd Avenue | Suite 2600 | Miami, FL 33131 USA +1 954 713 4030 | +1 954 701 2579 Mobile

bradb@silversea.com|Silversea.com

International Markets:

MATTHEW SCOTT

Content and Communications Manager

Silversea Cruises | 7 Rue du Gabian | Block D - Level 11 | 98000 Monaco

+33 643 91 38 79

MatthewS@Silversea.com | Silversea.com

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Fincantieri S.p.A. published this content on 14 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2021 16:07:01 UTC