Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 299

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 299
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 relation to two of its dry bulk vessels in the amount of $434. The fair values of these vessels were determined through Level 2 inputs of the fair value hierarchy (Note 16). As of December 31, 2024, 36 of the Company’s 38 vessels, with a total carrying value of $622,629, have been provided as collateral to secure the long-term debt discussed in Note 7. Two of the Company’s vessels were unencumbered. 6. Deferred Charges, net: Deferred charges, net include the unamortized dry-docking and special survey costs. The amounts in the accompanying predecessor combined carve-out balance sheets are as follows:

| Balance, January 1, 2023               |     | $16,184 |
| Additions                              |     |  12,123 |
| Amortization                           |     |  -4,438 |
| Write-off and other movements (Note 5) |     |  -5,270 |
| Balance, December 31, 2023             |     | $18,599 |
| Additions                              |     |   8,357 |
| Amortization                           |     |  -6,282 |
| Write-off and other movements (Note 5) |     |  -1,555 |
| Balance, December 31, 2024             |     | $19,119 |

During the year ended December 31, 2024, four vessels underwent and completed their dry-docking and special surveys. During the year ended December 31, 2023, eight vessels underwent and completed their dry-docking and special surveys and one was in the process of completing her dry-docking and special survey. The amortization of the dry-docking and special survey costs is separately reflected in the accompanying predecessor combined carve-out statements of operations.

F-22

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) 7. Long-Term Debt: The amounts shown in the accompanying predecessor combined carve-out balance sheets consist of the following Term Loans:

|    |     | Borrower(s)                                    |     | December 31, 
         2023 |     | December 31, 
         2024 |
|:---|: