Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 317

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 317
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 FFAs, the bunker swap agreements and EUA Futures discussed in Note 15 are determined through Level 2 of the fair value hierarchy as defined in FASB guidance for Fair Value Measurements and are derived principally from publicly available market data and in case there is no such data available, interest rates, yield curves and other items that allow value to be determined. The fair value of the interest rate cap agreements discussed in Note 15 equates to the amount that would be paid or received by the Company to cancel the agreements. As of December 31, 2023, the fair value of these derivative instruments in aggregate amounted to an asset of $7,944. The fair value of the forward freight agreements, the EUA futures and bunker swap agreements discussed in Note 15(c) determined through Level 2 of the fair value hierarchy as of December 31, 2023 and 2024, amounted to a net asset of $8,701 and a net liability of $19,295, respectively. The following tables summarize the hierarchy for determining and disclosing the fair value of assets and liabilities by valuation technique on a recurring basis as of the valuation date:

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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)

|                                           |     | December 31, 
         2023 |     | Quoted Prices    
 in Active        
 Markets for      
 Identical Assets 
 (Level 1)        |     | Significant 
       Other 
  Observable 
      Inputs 
   (Level 2) |     | Unobservable 
 Inputs       
 (Level 3)    |
|:------------------------------------------|:----|-------------:|:----|:-----------------|:----|------------:|:----|:-------------|
| Recurring measurements:                   |     |              |     |                  |     |             |     |              |
| Forward Freight Agreements-asset position |     |      $11,211 |     | $—               |     |     $11,211 |     | $—           |
| Bunker swap agreements-liability position |     |       -2,510 |     | —                |     |      -2,510 |     | —            |
| Interest rate caps-asset position         |     |        7,944 |