Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 302

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 302
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 agreement discussed in Note 7.14, the then outstanding balance of $19,608 was fully repaid. |

| 2. | On July 16, 2021, Costamare entered into a hunting license facility agreement with a bank for an amount of up to $120,000, in order to finance the acquisition cost of the dry bulk vesselsBernis,Verity,Dawn,Discovery,Clara,Serena,Parity,Taibo,Thunder,Curacao,EquityandRose.Three tranches of the facility with an aggregate amount of $34,200 were drawn during July 2021, to finance the acquisition of the first three vessels, three tranches of the facility with an aggregate amount of $28,050 were drawn during August 2021, to finance the acquisition of the subsequent three vessels, three tranches of the facility with an aggregate amount of $27,600 were drawn during September 2021, to finance the acquisition of the subsequent three vessels and three last tranches of the facility with an aggregate amount of $30,150 were drawn during October and November 2021, to finance the acquisition of the last three vessels. On December 21, 2021, the Company prepaid the amount of $38,844 regarding the tranches of the dry bulk vesselsClara,Rose,ThunderandEquity. On January 7, 2022, the Company prepaid the amount of $51,885 |

F-23

TABLE OF CONTENTS

COSTAMARE BULKERS HOLDINGS LIMITED PREDECESSOR Notes to Combined Carve-out Financial Statements December 31, 2023 and 2024 (Expressed in thousands of U.S. dollars, except share and per share data, unless otherwise stated) regarding the tranches of the dry bulk vessels Bernis, Verity, Dawn, Discoveryand Parity(Note 7.4) .On March 16, 2023, the Company prepaid the amount of $6,985 due to the sale of dry bulk vessel Taibo(Note 5). On June 20, 2023, following the execution of the loan agreement discussed in Note 7.9, the then outstanding balance of $16,310 was fully repaid.

| 3. | On July 27, 2021, Amoroto Marine Corp., Bermeo Marine Corp., Bermondi Marine Corp., Briande Marine Corp., Camarat Marine Corp., Camino Marine Corp., Canadel Marine