Costamare Inc. Elects New Board Members at Recent Meeting

Costamare Inc. Elects Class III Directors
On a recent date, Costamare Inc. (the "Company") (NYSE: CMRE), a leader in the international container shipping sector, hosted a virtual gathering for its annual meeting of stockholders where significant corporate decisions were made.
Meet the Newly Elected Class III Directors
During the meeting, shareholders voted to elect Konstantinos Konstantakopoulos and Charlotte Stratos as the Class III directors. These individuals will serve terms that will extend until the next annual meeting of stockholders in 2028, provided they are duly elected and qualified.
Auditor Appointment Ratified
Additionally, stockholders supported the appointment of Ernst & Young (Hellas) as the Company’s independent auditors for the fiscal year ending December 31, 2025. This decision ensures that the Company’s financial practices continue to meet high standards of transparency and regulation.
About Costamare Inc.
Costamare Inc., recognized as one of the foremost operators of containerships globally, has a storied history spanning over five decades in the shipping industry. The Company boasts a fleet comprising 68 containerships, with a capacity reaching approximately 513,000 TEU. Moreover, four newbuild containerships are currently under construction, expected to add an additional capacity of 12,400 TEU to their fleet.
The Company’s Business Model
Costamare Inc. operates within the chartering space, providing shipping capacity for various logistics and transportation needs across the globe. This model allows for growth while maintaining flexibility in response to market demands.
Contact Information for Costamare Inc.
For inquiries, stakeholders can reach out to:
Gregory Zikos - Chief Financial Officer
Konstantinos Tsakalidis - Business Development
Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: ir@costamare.com
Frequently Asked Questions
What major decision was taken during the annual meeting?
The Company elected two new Class III directors and ratified the appointment of the independent auditors for the upcoming fiscal year.
Who are the newly elected Class III directors?
Konstantinos Konstantakopoulos and Charlotte Stratos were elected to serve on the board.
What is the significance of Ernst & Young's appointment?
They will serve as the Company’s independent auditors for 2025, ensuring compliance and financial integrity.
How many containerships does Costamare Inc. operate?
The Company operates a fleet of 68 containerships with a total capacity of approximately 513,000 TEU.
What capacities are included in the newbuild containerships?
Four newbuilds are under construction that will add a total capacity of 12,400 TEU to the fleet.
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