Company: CMRE-PC
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001140361-25-005199
Chunk: 167

Company: Costamare Inc.
Filing Date: 2025-02-20
Form: 20-F
Item: Item 6
Chunk 167
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 committee. The audit committee is responsible for:
 

•   the appointment, compensation, retention and oversight of independent auditors and approving any non-audit services performed by such auditors;
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•   assisting the board in monitoring the integrity of our financial statements, the independent auditors’ qualifications and independence, the performance of the independent accountants and our internal audit function and our
                                                                                          compliance with legal and regulatory requirements;                                                                                      
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•   annually reviewing an independent auditors’ report describing the auditing firm’s internal quality-control procedures, and any material issues raised by the most recent internal quality control review, or peer review, of the
                                                                                                             auditing firm;                                                                                                         
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•   discussing the annual audited financial and quarterly statements with management and the independent auditors;
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•   discussing earnings press releases, as well as financial information and earnings guidance provided to analysts and rating agencies;
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•   discussing policies with respect to risk assessment and risk management;
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•   meeting separately, and periodically, with management, internal auditors and the independent auditors;
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•   reviewing with the independent auditors any audit problems or difficulties and management’s responses;
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•   setting clear hiring policies for employees or former employees of the independent auditors;
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•   annually reviewing the adequacy of the audit committee’s written charter, the scope of the annual internal audit plan and the results of internal audits;
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•   establishing procedures for the consideration of all related-party transactions, including matters involving potential conflicts of interest or potential usurpations of corporate opportunities;
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•   reporting regularly to the full board of directors; and
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•   handling such other matters that are specifically delegated to the audit committee by the board of directors from time to time.
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Corporate Governance, Nominating and Compensation Committee
 
Our corporate governance, nominating and compensation committee consists of Konstantinos Konstantakopoulos, Vagn Lehd Møller and Charlotte Stratos. Mr. Konstantakopoulos is the chairman of the committee. The corporate governance, nominating and compensation committee is responsible for:

•   nominating candidates, consistent with criteria approved by the full board of directors, for the approval of the full board of directors to fill board vacancies as and when they arise, as well as putting in place plans for