Costamare Bulkers Holdings Limited Reports Third Quarter Net Income of $17 Million

Costamare Bulkers Holdings Limited reported unaudited financial results for the third quarter (“Q3 2026”) and nine-month period (“9M 2026”) ended September 30, 2026.

OPERATIONAL AND STRATEGIC UPDATES • Owned-fleet employment and optionality7: 29 owned vessels, 24 of which are on period charters. Based on the current employment of the owned fleet, management estimates that approximately 80% and 52% of the available days for Q4 2026 and Q1 2027, respectively, will be covered by vessels on fixed rate charters (including those that were subsequently converted from an index linked rate). 12 vessels of our fleet are employed under index-linked charter agreements which generally provide the option to convert to a fixed rate based on the prevailing FFA curve. 5 vessels of our fleet are employed under short-term time charter trips.

• Operating platform: The dry bulk operating platform (“CBI”) comprises7 32 third-party chartered-in dry bulk vessels, primarily Kamsarmax/Panamax, the majority of which are employed under fixed-rate charter-out agreements. The platform focuses on shorter-duration employment, retaining flexibility to adjust chartering strategy to the changing market conditions.

• Fleet renewal – sale of older tonnage: During Q3 2026, the Company completed the sale of the 2009-built Supramax Bermondi, recognizing a gain of approximately $2.5 million and releasing capital from older tonnage while preserving financial flexibility for future opportunities.

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