Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 120

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 120
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 relevant vessel-owning subsidiary. Additionally, our sub-managers may, at our request or subject to our consent, subcontract certain services to certain of their affiliates having regard, for instance, to the nationality of the crew or the area of operations of our vessels. As discussed below, these arrangements will not result in any increase in the aggregate amount of management fees we will pay. In return for these services, we will pay the management fees described below in this section. As of March 13, 2025, Costamare Shipping itself or together with our sub-managers, V.Ships Greece, Navilands, Navilands (Shanghai) and FML, provide our fleet with technical crewing, commercial, provisioning, bunkering, sale and purchase, accounting and insurance services pursuant to separate ship-management agreements between each of our vessel-owning subsidiaries and Costamare Shipping and, in certain cases, the relevant sub-manager. In addition, Navilands may subcontract certain services to and enter into a relevant sub-management agreement with Navilands (Shanghai). Navilands and Navilands (Shanghai) are controlled by our largest shareholder, Konstantinos Konstantakopoulos. As of March 13, 2025, the following sub-managers provide services to the vessels indicated next to such sub-manager.

| Sub-manager    |     | Vessels* |
| V.Ships Greece |     |       11 |
| FML            |     |       13 |

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TABLE OF CONTENTS

| Sub-manager          |     | Vessels* |
| Navilands            |     |        6 |
| Navilands (Shanghai) |     |        8 |

| * | Includes one vessel we had agreed to sell. |

Costamare Services is an affiliated manager which was established in May 2015 and is controlled by our largest shareholder, Konstantinos Konstantakopoulos, and a member of his family. Costamare Services builds on the long-running relationships established by Costamare Shipping with our charterers. Costamare Services provides our vessel-owning subsidiaries with chartering, sale and purchase, insurance and certain representation and administrative services pursuant to the Services Agreement. The Services Agreement, including the fee structure thereunder, will be substantially similar to Services Agreement dated November 2, 2015 , as amended and restated on June 28, 2021, as amended on December 12, 2024, among the vessel-own