Costamare: First interest-bearing period of a common bond loan

Costamare Participations Plc announces that according to the terms of the Common Bond Loan issued by the Company from 12.05.2021, the date of determination (record date) of the beneficiaries of the KOD interest for the first Interest Period, ie from 25.05.2021 to 25.11.2021, is Wednesday 24 November 2021. From Tuesday 23 November 2021 (ex-coupon date) the Company’s bonds will be traded on the Athens Stock Exchange without the right to collect the first coupon.

The gross amount of interest due for the first Interest Period amounts to 1,387,500.00 Euros, ie an amount of 13.8750 Euros per bond with a nominal value of 1,000 Euros, which has been calculated at an interest rate of 2.70% per annum (before taxes), based on year 360 days and the actual number of days (ACT / 360) and corresponds to 100,000 bonds currently being traded on the regulated market of the Athens Stock Exchange.

The payment of the due interest to the Beneficiaries Bondholders (hereinafter the “Bondholders”) will be made through “HELLENIC CENTRAL SECURITIES DEPOSIT SA.” (ATHEXCSD) on Thursday 25 November 2021 as follows:

1. Through the Participants in the DSS. (mainly credit institutions and investment firms licensed to provide ancillary custody and financial management services on financial instruments), authorized by the Bondholders to collect the due interest, in accordance with the ATHEXCSD Regulations in force.

2. Especially in the cases of payment of coupons to the heirs of deceased Bondholders, whose titles are kept in the Special Account of their Share in the DSS. under the management of ATHEXCSD, the payment of the due interest to the legal heirs will be made a) through ATHEXCSD within one (1) year from the date of payment of the coupon at the offices of the Payment Manager at 110 Athens Avenue, in Athens, every working day from 09:00 to 16:00, or in a bank account designated by the heirs of deceased Bondholders to the Payment Manager, upon written request), and b) by cash deposit in the Deposits and Loans Fund (TSI) after the expiration of a (1) year to be set up by ATHEXCSD. All costs of the recommendation (indicative, and not restrictive, right and end of the TSI, etc.) are borne by the beneficiaries.

It is clarified that according to the current legislation the right to collect interest is statute-barred after the lapse of five years from the end of the year in which the claim was born (ie for the interest of the above first interest period until 31-12-2026) and that after the above Upon expiration, any uncollected amounts are definitively transferred to the Greek State.