Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 221

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 221
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 meeting separately, and periodically, with management, internal auditors and the independent auditors; |

| • | reviewing with the independent auditors any audit problems or difficulties and management’s responses; |

| • | setting clear hiring policies for employees or former employees of the independent auditors; |

| • | 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; |

| • | establishing procedures for the consideration of all related-party transactions, including matters involving potential conflicts of interest or potential usurpations of corporate opportunities; |

| • | reporting regularly to the full board of directors; and |

| • | handling such other matters that are specifically delegated to the audit committee by the board of directors from time to time. |

Corporate Governance, Nominating and Compensation Committee Upon the completion of the spin-off, our corporate governance, nominating and compensation committee will consist of Gregory Zikos, David Grant and Katerina Eleftheriou. Gregory Zikos will be 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 succession, in particular, of the chairman of the board of directors and executive officers; |

| • | selecting, or recommending that the full board of directors select, the director nominees for the next annual meeting of shareholders; |

| • | developing and recommending to the full board of directors corporate governance guidelines applicable to us and keeping such guidelines under review; |

| • | overseeing the evaluation of the board and management; and |

| • | handling such other matters that are specifically delegated to the corporate governance, nominating and compensation committee by the board of directors from time to time. |

| D. | Employees |

We have four shore-based officers, our chief executive officer, our chief commercial officer, our chief financial officer and our general counsel and secretary. We will not pay any compensation to our officers for their services as officers. Our officers are employed by and will receive compensation for their services from Costamare Shipping or Costamare Services or Local Agency B and in certain cases also from CBI. As of December 31, 2024, Costamare Shipping, Costamare Services and the Agency Companies employed, in the aggregate, approximately 260 people and approximately