|  Norwegian Cruise Line Holdings Ltd. Schedule II Valuation and Qualifying Accounts (in thousands)  
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  
|  |  |  |  |  | Additions |  |  |  |  |  |  |  
|  |      |  |  |      | Charged to |      | Charged to  |      |  |  |      |  |  |  
|  |   | Balance |  | costs and |  | other |  |  |  |  | Balance |  
| Description |  | December 31, 2021 |   | expenses (a) |   | accounts |  | Deductions (b) |   | December 31, 2022 |  
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  
| Valuation allowance on deferred tax assets |  | $ |  87,849 |  | $ |  52,219 |  | $ |  — |  | $ |  (335) |  | $ |  139,733 |   
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  
|  |      |  |  |      | Charged to  |      | Charged to  |      |  |  |      |  |  |  
|  |   | Balance |  | costs and |  | other |  |  |  |  | Balance |  
| Description |  | December 31, 2022 |   | expenses (a) |   | accounts |  | Deductions (b) |   | December 31, 2023 |  
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  
| Valuation allowance on deferred tax assets |  | $ |  139,733 |  | $ |  561,693 |  | $ |  — |  | $ |  (6,661) |  | $ |  694,765 |   
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  
|  |      |  |  |      | Charged to  |      | Charged to  |      |  |  |      |  |  |  
|  |  | Balance |  | costs and |  | other |  |  |  |  | Balance |  
| Description |   | December 31, 2023 |   | expenses (a) |   | accounts |  | Deductions (b) |   | December 31, 2024 |  
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  
| Valuation allowance on deferred tax assets |  | $ |  694,765 |  | $ |  28,421 |  | $ |  — |  | $ |  (164,496) |  | $ |  558,690 |  
|  | (a) | Amount relates to recognition of valuation allowances on net U.S. and Bermuda deferred tax assets. | 
 
|  | (b) | Amount relates to (i) utilization of deferred tax assets and (ii) reversal of valuation allowances. | 
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