Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 7

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 7
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 page 3 of this registration statement, our predecessor combined carve-out financial statements and the notes to those financial statements and the consolidated financial statements of Costamare Bulkers Holdings and the notes to those financial statements appearing elsewhere in this registration statement.

#### Our History
Costamare Bulkers Holdings Limited (“Costamare Bulkers Holdings”) was incorporated in the Republic of the Marshall Islands on September 29, 2023 under the BCA. Costamare Bulkers Holdings (i) serves as the ultimate holding company of the subsidiaries that held, hold or were formed for the purpose of holding all dry bulk vessels owned indirectly by Costamare Inc. and (ii) following the spin-off and the completion of the Restructuring Transactions, will also serve as the holding company of CBI, which contains Costamare Inc.’s dry bulk operating platform.

Members of the Konstantakopoulos family, which has a long history of operating and investing in the international shipping industry, including a long history of vessel ownership, are the major shareholders of Costamare Inc. The Konstantakopoulos family’s involvement in the shipping industry began in 1974. Costamare Inc. was formed in 2008 as a containership owning company and completed an initial public offering in 2010. Since its inception, Costamare Inc. has concentrated on building a large, modern and reliable fleet. Costamare Inc. is run and supported by highly skilled, experienced and loyal personnel. Under Konstantinos Konstantakopoulos’s leadership, Costamare Inc. has continued to foster a company culture focusing on excellent customer service, industry leadership and innovation. In June 2021, Costamare Inc. began acquiring the dry bulk vessels that will be separated from Costamare Inc. in connection with the spin-off. In November 2022, Costamare Inc. established and capitalized with an aggregate investment of approximately $200 million the dry bulk operating platform under CBI that will also be acquired by Costamare Bulkers Holdings following the spin-off. We decided to invest in the dry bulk sector because supply of dry bulk vessels continues to remain limited, particularly in relation to other shipping sectors, and restrained ordering of newbuildings is expected to support limited supply growth in the coming years. Additionally, dry bulk demand continues to benefit from investment in infrastructure, industrial, energy and utilities construction and increased manufacturing and we believe we are well positioned to capitalize on an increase in global trade.

#### Our Vision
Our vision is to be the dry