Costamare Inc. Reports 2025 Net Income of $370 million in Hellenic Shipping News 19/02/2026 Costamare Inc. yesterday reported unaudited financial results for the fourth quarter and year ended December 31, 2025. Discontinued operations as a result of Costamare Bulkers Holdings Limited Spin-Off The financial results for the year ended December 31, 2025 reflect the spin-off of Costamare’s dry bulk business (consisting of Costamare’s dry bulk owned fleet and its dry bulk operating platform, Costamare Bulkers Inc. (“CBI”)) into a standalone public company, which was completed on May 6, 2025. Accordingly, the results of the dry bulk business are presented as discontinued operations for all periods shown. For the year ended December 31, 2025, the results of discontinued operations include the dry bulk business up to May 6, 2025, the effective date of the spin-off. In comparison, the three-month period ended December 31, 2024 and year of 2024 include the results of discontinued operations of the dry bulk business for the entire periods, respectively. These differences in reporting periods should be taken into account when evaluating the results of discontinued operations between periods. I. PROFITABILITY AND LIQUIDITY • FY 2025 Adjusted Net Income from Continuing operations available to common stockholders1 of $375.6 million ($3.12 per share). • FY 2025 Net Income from Continuing operations available to common stockholders of $371.0 million ($3.09 per share). • Q4 2025 Adjusted Net Income from Continuing operations available to common stockholders1 of $71.8 million ($0.60 per share). • Q4 2025 Net Income from Continuing operations available to common stockholders of $72.6 million ($0.60 per share). • Q4 2025 liquidity of $589.6 million2. II. ENTERED INTO 12 NEW FIXTURES ON A FORWARD BASIS OF UP TO 3 YEARS – INCREMENTAL CONTRACTED REVENUES OF $940 MILLION / FULLY EMPLOYED CONTAINERSHIP FLEET FOR 20263 • 96% and 92% of the containership fleet4 fixed for 2026 and 2027, respectively. • Increase in contracted revenues of approximately $940 million, stemming from forward fixing of: o Five 14,400 TEU-capacity vessels (minimum period of 8 years). o Four 5,000 TEU-capacity vessels (minimum period of approximately 3 years). o Two 9,400 TEU-capacity vessels (minimum period of approximately 3 years). o One 4,200 TEU-capacity vessel (minimum period of 3 years). • For all forward fixtures, a TEU-weighted duration of approximately 6 years. • Contracted revenues for the containership fleet of approximately $3.4 billion with a TEU-weighted duration of 4.5 years5. III. NEW DEBT FINANCING • Bilateral financing agreement, for the pre- and post-delivery financing of the two 3,100 TEU vessels announced in the previous quarter, bringing the total number of 3,100 TEU newbuilding orders with committed financing to six. • Bilateral financing agreement, from a European financial institution for effectively refinancing a facility which matured earlier this year (“old facility”). The new facility will be secured by two of the five vessels originally securing the old facility, with the other three becoming mortgage-free.The new facility has: • o Tenor of five years. o Significantly lower funding cost than the old facility. • Costamare has no significant debt maturities until 2027. IV. LEASE FINANCING PLATFORM • Controlling interest in Neptune Maritime Leasing Limited (“NML”). • Increased our investment commitment in NML to $247.8 million, of which $182.2 million has been in