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Costamare Inc. Announces Election of Class III Directors at 2025 Annual Meeting of Stockholders

1. Costamare elected two new Class III directors for a 2028 term. 2. Ernst & Young appointed as independent auditors for 2025 fiscal year. 3. Costamare operates 68 containerships, with 4 under construction. 4. The company has a 51-year history in the shipping industry. 5. Forward-looking statements indicate potential risks impacting future results.

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FAQ

Why Neutral?

Despite new appointments, no immediate financial impact is outlined. Historical trends show strategic director changes often lead to uncertain stock performance.

How important is it?

The leadership changes may influence corporate strategy, though material impacts are uncertain.

Why Short Term?

The director elections themselves don't indicate immediate market shifts. However, future strategic directions from new directors may emerge in the near term.

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CMRE PR BCMRE PR CCMRE PR D
October 02, 2025 07:31 ET  | Source: Costamare Inc MONACO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced the election of two Class III directors at the Company’s virtual annual meeting of stockholders held today. The elected Class III directors are Konstantinos Konstantakopoulos and Charlotte Stratos who were elected to hold office for a term ending at the annual meeting of stockholders in 2028 and until their successors have been duly elected and qualified. Stockholders also ratified the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A. as the Company’s independent auditors for the fiscal year ending December 31, 2025. About Costamare Inc. Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has 51 years of history in the international shipping industry and a fleet of 68 containerships, with a total capacity of approximately 513,000 TEU. The Company also has four newbuild containerships under construction with a total capacity of 12,400 TEU. The Company participates in a lease financing business. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C” and “CMRE PR D”, respectively. Forward-Looking Statements This press release contains “forward-looking statements”. In some cases, you can identify these statements by forward-looking words such as “believe”, “intend”, “anticipate”, “estimate”, “project”, “forecast”, “plan”, “potential”, “may”, “should”, “could” and “expect” and similar expressions. These statements are not historical facts but instead represent only the Company’s belief regarding future results, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that actual results may differ, possibly materially, from those anticipated in these forward-looking statements. For a discussion of some of the risks and important factors that could affect future results, see the discussion in the Company’s Annual Report on Form 20-F (File No. 001-34934) under the caption “Risk Factors”. Company Contacts:Gregory Zikos - Chief Financial OfficerKonstantinos Tsakalidis - Business Development Costamare Inc., MonacoTel: (+377) 93 25 09 40Email: ir@costamare.com

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