Costamare Bulkers (CMDB) Registration Filing summary

Company overview and business model

• Recently spun off as a standalone public company, consolidating all dry bulk shipping operations previously held by its parent and operating both owned and chartered-in vessels globally.

• Provides transportation of dry bulk commodities for industrial users, traders, and producers, utilizing a mix of time charters, spot charters, and contracts of affreightment.

• Employs active commercial strategies, including trading forward freight agreements and bunker swaps for hedging and directional positioning.

• Incorporated in the Marshall Islands with principal executive offices in Monaco.

Financial performance and metrics

• Combined carve-out and consolidated financial statements for 2023 and 2024 have been audited by Ernst & Young (Hellas).

• As of the prospectus date, 24,203,746 common shares are issued and outstanding; no preferred shares outstanding.

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including vessel acquisitions, investments, working capital, and debt repayment.

• May raise additional funds through equity or debt financings outside this offering.