Investor Presentaiton

Q2 2022 Income Statement Snapshot Q2 2022 RESULTS Notes 114,133 (*) Interest and finance costs minus Interest Income 1,712 49 (**) Non-GAAP items, see Appendix I for definitions and reconciliations to (3,452) 983 the nearest GAAP measure. 1,705 Ownership Days (incl. dry bulk vessels) Average Number of Vessels Voyage Revenues Net Interest and Finance Costs (*) Adjusted Net Income Available to Common Stockholders (**) Weighted Average Number of Shares Q2 2021 6,509 Q2 2022 10,715 % Change 64.6% 71.5 117.7 64.6% 166,770 290,927 74.4% 19,319 29,957 55.1% 58,275 122,844,260 118,563 103.5% 124,306,059 Q2 2022 RESULTS – Non-Cash and Other Adjustments Net Income Available to Common Stockholders Q2 2021 82,762 Accrued charter revenue Amortization of time charter assumed (Gain) on sale of vessels, net (Gain)/Loss on derivative instruments One-off write-off of loan deferred financing fees Change in fair value of equity securities Non-cash G&A expenses Realized (gain)/loss on Euro/USD FX contracts Non-recurring payments for loan cancelation fees Adjusted Net Income Available to Common Stockholders(**) Adjusted EPS(**) Q2 2022 1,114 (345) (1,666) (105) (25,157) 1,768 1,808 (96) 619 1,006 58,275 118,563 $0.47 $0.95 All numbers in thousands of U.S. dollars, except ownership days, number of vessels, share and per share data. COSTAMARE INC. 0

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