Costamare Bulkers Holdings Limited Primed for a Strong Performance Moving Forward in Dry Bulk Market,Hellenic Shipping News 21/02/2026 Costamare Bulkers Holdings Limited reported unaudited financial results for the fourth quarter (“Q4 2025”) and year ended December 31, 2025. This earnings release focuses on the financial results and management’s discussion and analysis for the three-month period ended December 31, 2025, reflecting the Company’s performance during its second full quarter as an independent, publicly traded company. Costamare Bulkers had no operating activity during the year ended December 31, 2024 and remained a wholly-owned subsidiary of Costamare Inc. (“Costamare”), a New York Stock Exchange (“NYSE”) listed company, until May 6, 2025, when it became an independent, publicly traded company on NYSE through a spin-off from Costamare. Costamare Bulkers had nominal operations from January 1, 2025 until late March 2025, when Costamare transferred to it the entities engaged in the dry bulk business, which own, have owned, or were formed with the intention to own dry bulk vessels. The results of these entities are included in Costamare Bulkers’ consolidated statement of operations for the three-month period and year ended December 31, 2025. On May 6, 2025, the Company acquired Costamare Bulkers Inc. (“CBI”), a dry bulk operating platform, from Costamare and a minority shareholder, whose results are included from that date forward. No comparative figures are presented for the three-month period and year ended December 31, 2024, as Costamare Bulkers had nominal operations during that time. Financial Highlights and Operational Updates I. PROFITABILITY – LIQUIDITY – DEBT Q4 2025 Adjusted Net Loss1 of $1.7 million ($0.07 loss per share). Q4 2025 liquidity of $311.0 million. Debt3 of $155.6 million and Cash4 of $226.3 million, resulting in negative net debt5 position of $70.7 million as of the end of Q4. II. OPERATING PLATFORM – EFFECTIVE CONCLUSION OF AGREEMENT WITH CARGILL Following the Strategic Cooperation Agreement with Cargill International S.A. (“Cargill”) (announced on September 29, 2025), the Company has concluded the transfer of the majority of its trading book6, which included chartered-in vessels7, cargo transportation commitments and derivatives positions. The operating platform8 is currently focused on Kamsarmax-type vessels consisting of 20 third-party owned dry bulk vessels of which: 6 Capesize vessels chartered-in under period charters out of which 5 are expected to be redelivered within 2026. All such vessels constitute legacy transactions into which the Company entered prior to the Strategic Cooperation Agreement. 12 Kamsarmax vessels chartered-in under period charters or for time charter trips. Two of the period chartered-in vessels constitute legacy transactions into which the Company entered prior to the Strategic Cooperation Agreement. 2 newbuild Kamsarmax vessels, which will be chartered-in under period charters with purchase options upon delivery. Delivery of vessels expected in Q2 2026 and Q2 2027 – Q1 2028 respectively. III. FLEET RENEWAL – SALE AND PURCHASE ACTIVITY Vessel Disposals Agreement for the sale of the 2011-built, 180,643 DWT capacity dry bulk vessel, Miracle (expected conclusion within Q1 – Q2 2026) with estimated capital gains of approximately $7.0 million on top of a $4.7 million profitability9 since her acquisition in February 202410. Sale of the 2008-built, 56,557 DWT capacity dry bulk vesse