Company: CMDB
Filing Date: 2025-03-31
Form Type: 20FR12B
Source: 0001140361-25-011425
Chunk: 246

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-03-31
Form: 20FR12B
Chunk 246
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| •                                                                                                                                                                                                                         |     | excludes or limits the right of such holder to vote on any matter, except as such right may be limited by the voting rights given to new shares then being authorized of any existing or new class. |     |                                                                                                                                                                                                                                                 |     |                                                                                                                                                                                            |

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TABLE OF CONTENTS

| Marshall Islands                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     | Delaware                                                                                                                                                                                                                                                                                                                |
| Shareholder’s Derivative Actions                                                                                                                                                                                                                                                                                                                                                                                                                                                     |     |                                                                                                                                                                                                                                                                                                                         |
| An action may be brought in the right of a corporation to procure a judgment in its favor, by a holder of shares or of voting trust certificates or of a beneficial interest in such shares or certificates. It shall be made to appear that the plaintiff is such a holder at the time of bringing the action and that he was such a holder at the time of the transaction of which he complains, or that his shares or his interest therein devolved upon him by operation of law. |     | In any derivative suit instituted by a shareholder of a corporation, it shall be averred in the complaint that the plaintiff was a shareholder of the corporation at the time of the transaction of which he complains or that such shareholder’s shares thereafter devolved upon such shareholder by operation of law. |
| Complaint shall set forth with particularity the efforts of the plaintiff to secure the initiation of such action by the board of directors or the reasons for not making such effort.                                                                                                                                                                                                                                                                                               |     |                                                                                                                                                                                                                                                                                                                         |
| Such action shall not be discontinued, compromised or settled, without the approval of the High Court of the Marshall Islands.                                                                                                                                                                                                                                                                                                                                                       |     |                                                                                                                                                                                                                                                                                                                         |
| Reasonable expenses, including attorneys’ fees, may be awarded if the action is successful.                                                                                                                                                                                                                                                                                                                                                                                          |     |                                                                                                                                                                                                                                                                                                                         |
| Corporation may require a plaintiff bringing a derivative suit to give security for reasonable expenses if the plaintiff owns less than 5% of any class of stock and the shares have a value of less than $50,000.                                                                                                                                                                                                                                                                   |     |                                                                                                                                                                                                                                                                                                                         |

| E. | Tax Considerations |

Marshall Islands Tax Considerations We are a non-resident domestic Marshall Islands corporation. Because we do not, and we do not expect that we will, conduct business or operations in the Marshall Islands, under current Marshall Islands law we are not subject to tax on income or capital gains and our shareholders (so long as they are not citizens or residents of the Marshall Islands) will not be subject to Marshall Islands taxation or withholding on