Company: CMDB
Filing Date: 2025-04-17
Form Type: 20FR12B/A
Source: 0001140361-25-014307
Chunk: 12

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-17
Form: 20FR12B/A
Chunk 12
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 to capitalize on freight market fluctuations and dynamics. Management of Our Fleet Following the spin-off, Costamare Shipping Company S.A. (“Costamare Shipping”) will continue to be the manager for our owned fleet of dry bulk vessels and provide us with commercial, technical and other services pursuant to the Framework Agreement (as defined below) and separate ship management agreements with the

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#### TABLE OF CONTENTS
relevant vessel-owning subsidiaries. Costamare Shipping is a ship management company that was established in 1974 and is controlled by Konstantinos Konstantakopoulos. Costamare Shipping has more than 50 years of experience in managing vessels of various types and sizes (including dry bulk vessels). Costamare Shipping has long established relationships in the market, with, among others, charterers, financial institutions and suppliers, and we believe it is recognized in the international shipping industry as a leading manager. Costamare Shipping Services Ltd. (“Costamare Services” and together with Costamare Shipping, “our affiliated managers”) is controlled by Konstantinos Konstantakopoulos and a member of his family and will continue to provide our vessel-owning subsidiaries with chartering, sale and purchase, insurance and certain representation and administrative services, pursuant to the Services Agreement (as defined below).

For the CBI fleet, CBI will continue to receive chartering, cargo sourcing and research services from CBI Services GmbH (“Local Agency A”), Costamare Bulkers Services APS (“Local Agency B”), and Costamare Bulkers Services Co. (“Local Agency D”), each of which is controlled by our largest shareholder, Konstantinos Konstantakopoulos, and Costamare Bulkers Services Pte. Ltd. (“Local Agency C”), which is controlled by Gregory Zikos, our chief executive officer (each, an “Agency Company”).

We believe that having several management and agency companies, both affiliated and third-party, involved in the management and commercial operations of our vessels provides us with a deep pool of operational management in multiple locations with market-specific experience and relationships, as well as the geographic flexibility needed to manage and crew our large and diverse fleet so as to provide a high level of service, while remaining cost-effective. For more information on the management of our fleet and our relationship with our managers, see “Item 4. Information on the Company—4.B. Business Overview—Management of Our Fleet” and “Item 7. Major Shareholders and Related Party Transactions—7.B. Related Party Transactions —Management