Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 234

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 234
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 of shares held by them on their behalf and may require us to make available shelf registration statements permitting sales of shares into the market from time to time over an extended period. In addition, those persons have the ability to exercise certain piggyback registration rights in connection with registered offerings initiated by us. Immediately after the distribution, our shareholders will own a total of approximately 15.1 million shares entitled to these registration rights.

#### Trademark License Agreement
Under the trademark license agreement entered into with us in connection with the spin-off, during the term of the Framework Agreement and following its termination, Costamare Shipping, an affiliated manager, will agree to grant us a non-transferable, royalty free license and right to use the Costamare trademarks, which consist of the name “COSTAMARE” and the Costamare logo in connection with the operation of our dry bulk vessel business. We will pay no additional consideration for this license and right. Costamare Shipping will retain the right to use the trademarks in its own business or to maintain existing, or grant new, licenses or rights permitting any other person to use the trademarks; provided that in all such cases the use, maintenance or grant must be consistent with the license and right granted to us under the licensing agreement.

#### CBI Exchange Agreement
**Promptly after the spin-off and distribution are complete, we will exchange the equity interests in CBI that are held by the CBI Minority Investor, Jens Jacobsen, our chief commercial officer and a member of our board of directors, of an aggregate of 2.5% of CBI’s shares, for 0.75% of our outstanding shares (approximately 181,528 of our shares based on approximately 120,111,089 issued and outstanding shares of Costamare Inc. as of April 11, 2025 and the application of the distribution ratio).

Procedures for Review and Approval of Related Party Transactions

Related party transactions, which for purposes of review and approval, means transactions in which the Company or one of its subsidiaries is a participant and any of the Company’s directors, nominees for director, executive officers, employees, significant shareholders or members of their immediate families (other than immediate family members of employees who are not executive officers) have a direct or indirect interest, will be subject to review and approval or ratification by the board of directors and the audit committee, and will be evaluated pursuant to procedures established by the board of directors.

Where appropriate, such transactions will be subject to the approval of our independent directors