Slide 1: Second Quarter 2025 Financial Results Conference Call
Second Quarter 2025 Financial Results Conference Call July 31, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain “forward-looking statements” (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended). All statements, other than statements of historical facts, that address activities, events or developments that Cost
Slide 3: Highlights (1/4)
Highlights (1/4) Q2 2025 – Financial Results ► Q2 2025 Net Income from Continuing operations available to common stockholders of $99.6 million ($0.83 per share). ► Q2 2025 Adjusted Net Income from Continuing operations available to common stockholders(1) of $92.5 million ($0.77 per share). ► Liquidi
Slide 4: Highlights (2/4)
Highlights (2/4) Shipbuilding contracts for four 3,100 TEU containerships ► Conclusion of four newbuilding contracts with a Chinese shipyard. ► Delivery of the vessels is expected between Q2 2027 and Q4 2027. ► Upon delivery, each vessel will commence an 8-year charter with a leading liner company.
Slide 5: Highlights (3/4)
Highlights (3/4) Debt Financings and Capital Structure ► New bilateral loan facilities(1) from two European financial institutions for the refinancing of existing indebtedness of four of our 14,424 TEU vessels and two of our 12,690 TEU vessels: - Total amount to be drawn of approximately $365.0 mill
Slide 6: Highlights (4/4)
Highlights (4/4) Lease Financing Platform – Neptune Maritime Leasing Limited (“NML”) ► Controlling interest in NML. ► $182.2 million invested to date. ► Financing of 47(1) shipping assets through sale and lease-back transactions representing total investments and commitments of more than 650(1) mill
Slide 7: Container Market Environment
Container Market Environment Charter Rates (1) 12m Timecharter Rates ► Charter rates remain at healthy levels across all segments. 160 000 120 000 ► The continued tight supply of tonnage, along with the 80 000 increased ton miles due to the closure of the Suez canal, is supporting the current charte
Slide 8: Thank You! Q&A
COSTAMARE ING. Thank You! Q&A
Slide 9: Appendix I – Net Income to Adj. Net Income Reconciliation
Appendix Ι – Net Income to Adj. Net Income Reconciliation Adjusted Net Income from continuing operations available to common stockholders and Adjusted Earnings per Share Expressed in thousands of U.S. dollars, Three-month period ended June 30 from continuing operations represent Net Income from cont
Slide 10: Appendix II – Containership Operating Fleet Charter Status (1/6)
Appendix II – Containership Operating Fleet Charter Status (1/6) (1) Charterer Age Vessels 4 YM TIPTOP 4 YM TARGET 5 YM TOTALITY 5 YM TRUTH 12,000 – 15,000 TEUs 5 YM TRIUMPH 9 THESEUS 10x Vessels 9 TAURUS 9 TALOS 9 TITAN 9 TRITON Aug/25 Aug/26 Aug/27 Aug/28 Aug/29 Aug/30 Aug/31 Aug/32 9 CAPE AKRITAS
Slide 11: Appendix II – Containership Operating Fleet Charter Status (2/6)
Appendix II – Containership Operating Fleet Charter Status (2/6) Charterer Age Vessels(1) 12 VANTAGE / Confidential 12 12 VALENCE VALIANT 12 VALUE 7,500 – 10,000 TEUs Confidential 12 VALOR 18x Vessels / Confidential 11 MSC AZOV 15 NAVARINO 12 MSC ATHOS / Confidential 12 29 MSC ATHENS KOTKA / Confide
Slide 12: Appendix II – Containership Operating Fleet Charter Status (3/6)
Appendix II – Containership Operating Fleet Charter Status (3/6) (1) Charterer Age Vessels 21 ARGUS Confidential / Confidential 21 ARIES 22 ZIM VIETNAM 5,000 – 7,500 TEUs 22 ZIM AMERICA 12x Vessels / 20 MAERSK KOWLOON / Confidential 29 KURE 19 GLEN CANYON / Confidential 25 TAMPA I 23 PORTO GERMENO 2
Slide 13: Appendix II – Containership Operating Fleet Charter Status (4/6)
Appendix II – Containership Operating Fleet Charter Status (4/6) (1) Charterer Age Vessels 17 TRADER Confidential / Confidential 20 ETOILE 1,000 – 5,000 TEUs 15 VULPECULA 23x Vessels Confidential / Confidential 24 LUEBECK 16 VELA Confidential 16 NORFOLK Confidential / Confidential 17 MICHIGAN 12 MAR
Slide 14: Appendix II – Containership Operating Fleet Charter Status (5/6)
Appendix II – Containership Operating Fleet Charter Status (5/6) Charterer Age Vessels (1) 16 VIRGO 17 DYROS 1,000 – 5,000 TEUs 25 AREOPOLIS 23x Vessels 14 NEOKASTRO 21 LAKONIA 11 LEONIDIO Confidential 24 ARKADIA 11 KYPARISSIA 7 POLAR BRASIL 15 ANDROUSA Confidential 16 GIALOVA 18 SCORPIUS 23 ULSAN A
Slide 15: Appendix II – Containership Operating Fleet Charter Status (6/6)
Appendix II – Containership Operating Fleet Charter Status (6/6) (1) Charterer Vessels NEWBUILDING 1 NEWBUILDING 2 Confidential 3,100 TEUs NEWBUILDING 3 4x Newbuilding Vessels NEWBUILDING 4 Aug-25 Aug-26 Aug-27 Aug-28 Aug-29 Aug-30 Aug-31 Aug-32 Aug-33 Aug-34 Aug-35 Note 1. Based on latest charters