OneSpaWorld Holdings Limited (NASDAQ:OSW), ("OneSpaWorld," or the "Company"), the pre-eminent global provider of health and wellness services and products onboard cruise ships and in destination resorts around the world, today provided additional details for its first quarter 2025 dividend payment, the declaration of which was previously reported on February 19, 2025. The quarterly dividend of $0.04 per common share is payable on March 26, 2025, to shareholders of record at the close of business on March 12, 2025.

About OneSpaWorld

Headquartered in Nassau, Bahamas, OneSpaWorld is one of the largest health and wellness services companies in the world. OneSpaWorld's distinguished health and wellness centers offer guests a comprehensive suite of premium health, wellness, fitness and beauty services, treatments, and products, currently onboard 199 cruise ships and at 50 destination resorts around the world. OneSpaWorld holds the leading market position within the cruise industry segment of the international leisure market, which it has earned over six decades of exceptional service; expansive global recruitment, training and logistics platforms; irreplicable operating infrastructure; powerful team; and continual service and product innovation, delivering tens of millions of extraordinary guest experiences and outstanding service to its cruise line and destination resort partners.

On March 19, 2019, OneSpaWorld completed a series of mergers pursuant to which OSW Predecessor, comprised of direct and indirect subsidiaries of Steiner Leisure Ltd., and Haymaker Acquisition Corp. ("Haymaker"), a special purpose acquisition company, each became indirect wholly owned subsidiaries of OneSpaWorld (the "Business Combination"). Haymaker is the acquirer and OSW Predecessor the predecessor, whose historical results have become the historical results of OneSpaWorld.

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 about expected dividend payments and reflects OneSpaWorld's current beliefs and expectations. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially due to various factors. For further discussion of risks and uncertainties relevant to OneSpaWorld's business that could cause actual results to differ from OneSpaWorld's expectations, see OneSpaWorld's Form 10-K and Form 10-Q filings with the United States Securities and Exchange Commission. You should not place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. These forward-looking statements should not be relied upon as representing the Company's assessments as of any date subsequent to the date of this communication.

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Investors:

Allison Malkin, 203-682-8225

allison.malkin@icrinc.com

OneSpaWorld Declares First Quarter 2025 Dividend