Company: CMDB
Filing Date: 2025-04-23
Form Type: 20FR12B/A
Source: 0001140361-25-015197
Chunk: 318

Company: Costamare Bulkers Holdings Ltd
Filing Date: 2025-04-23
Form: 20FR12B/A
Chunk 318
---
              |     |                  |     |             |     |              |
| Vessels                     |     |      $10,250 |     | $—               |     |     $10,250 |     | $—           |
| Total                       |     |      $10,250 |     | $—               |     |     $10,250 |     | $—           |

17. Comprehensive Income / (Loss): During the year ended December 31, 2023, Accumulated other comprehensive income decreased with net loss of $5,087 relating to (i) the change of the fair value of derivatives that qualify for hedge accounting (loss of $1,759), plus the settlements to net income of derivatives that qualify for hedge accounting (loss of $4,989) and (ii) reclassification of amount excluded from the interest rate caps assessment of hedge effectiveness based on an amortization approach to Interest and finance costs (gain of $1,661). During the year ended December 31, 2024, Accumulated other comprehensive loss increased with net loss of $904 relating to (i) the change of the fair value of derivatives that qualify for hedge accounting (gain of $1,352), plus the settlements to net income of derivatives that qualify for hedge accounting (loss of $4,231) and (ii) reclassification of amount excluded from the interest rate caps assessment of hedge effectiveness based on an amortization approach to Interest and finance costs (gain of $1,975).

F-35

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) 18. Subsequent Events:

| (a) | Vessel sale:On February 1, 2025, the Company decided to sell the 2008-built, 76,619 DWT capacity dry bulk vessel,Rose. The vessel is expected to be delivered to her new owners within the second quarter of 2025. |

| (b) | Related party loans:On March 14, 2025 Costamare granted a three-month extension to the $30,000 million unsecured loan facility provided to CBI on April 3, 2024, which originally matured on April 3, 2025 (Note 3(d)). Furthermore, in accordance with