Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 222

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 222
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 also employed by Costamare Shipping and/or Costamare Services. As of December 31, 2022, Costamare Shipping, Costamare Services and the Agency Companies employed, in the aggregate, approximately 175 people and approximately 950 seafarers were serving on our owned vessels. As of December 31, 2022, CBI had three shore-based employees, of which one was also employed by Costamare Services. Our managers are responsible for recruiting, either directly or through manning agents, the officers and crew for our owned vessels that they manage. We believe the streamlining of crewing arrangements through our managers ensures that all of our owned vessels will be crewed with experienced crews that have the qualifications and licenses required by international regulations and shipping conventions.

| E. | Share Ownership |

The common shares beneficially owned by our directors and executive officers and/or entities affiliated with these individuals are disclosed in “Item 7. Major Shareholders and Related Party Transactions—7.A. Major Shareholders” below. Equity Compensation Plans We have not adopted any equity compensation plans.

| F. | Disclosure of a Registrant’s Action to Recover Erroneously Awarded Compensation |

Not applicable.

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TABLE OF CONTENTS

| ITEM 7. | MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS |

| A. | Major Shareholders |

The information below describes the beneficial ownership of our shares prior to and immediately after completion of the spin-off and the Restructuring Transactions by:

| • | each person or entity that we know beneficially owns, or immediately following the spin-off and the completion of the Restructuring Transactions will (based on the assumptions described below) beneficially own, 5% or more of our shares; |

| • | each of our officers and directors; and |

| • | all our directors and officers as a group. |

Beneficial ownership is determined in accordance with the rules of the SEC. In general, a person who has voting power or investment power with respect to securities is treated as a beneficial owner of those securities. Beneficial ownership does not necessarily imply that the named person has the economic or other benefits of ownership. For purposes of this table, shares subject to options, warrants or rights or shares exercisable within 60 days of March 13, 2025 are considered as beneficially owned by the person holding those options, warrants or rights. Each shareholder is entitled to one vote for each share held. Information for certain holders is based on their latest