Press Releases October 6, 2026 07:35 AM

Costamare Inc. Announces Election of Class I Director at 2026 Annual Meeting of Stockholders

Costamare Inc. Elects New Class I Director and Ratifies Auditors at 2026 Annual Meeting

By Nina Shah
Share
Twitter Reddit Facebook LinkedIn
CMRE

Costamare Inc., a leading international containership owner and provider, announced the election of Konstantinos Zacharatos as Class I director for a term ending in 2029. The company's stockholders also ratified Ernst & Young (Hellas) as independent auditors for the fiscal year ending December 31, 2026. The company operates a fleet of 69 containerships with additional vessels under construction and acquisition.

Costamare Inc. Announces Election of Class I Director at 2026 Annual Meeting of Stockholders
CMRE
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Election of Konstantinos Zacharatos to Class I director position, term through 2029.
  • Ratification of Ernst & Young (Hellas) as independent auditors for fiscal year 2026.
  • Costamare manages a fleet of 69 containerships with sizable newbuild and acquisition plans, impacting the shipping and global trade sectors.

MONACO, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced the election of one Class I director at the Company’s virtual annual meeting of stockholders held today.

The elected Class I director is Konstantinos Zacharatos, who was elected to hold office for a term ending at the annual meeting of stockholders in 2029 and until his successor has 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, 2026.

About Costamare Inc.

Costamare Inc. is one of the world's leading owners and providers of containerships for charter. The Company has 52 years of history in the international shipping industry and a fleet of 69 containerships in the water (including two vessels we have agreed to sell), with a total capacity of approximately 520,000 TEU. The Company also has 22 newbuild containerships under construction and has agreed to acquire two secondhand containerships. These 24 vessels have a total capacity of approximately 152,600 TEU. The Company also 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 Officer
Konstantinos Tsakalidis - Business Development

Costamare Inc., Monaco
Tel: (+377) 93 25 09 40
Email: [email protected]


Risks

  • Forward-looking statements entail uncertainties that could cause actual results to differ materially, including market conditions affecting shipping demand and vessel values.
  • Dependence on global trade volumes and shipping industry dynamics introduces operational and financial risks.
  • Potential impacts of economic cycles on the leasing and chartering business model may affect financial performance.

More from Press Releases

Conexeu Sciences Advances Ten Minute Tissue™ Toward Planned FDA 510(k) Submission Oct 6, 2026 TowneBank Enhances North Carolina Presence Through Agreement To Acquire blueharbor bank Oct 6, 2026 PowerCompute Increases Contracted Power at Mississippi Site to 11 Megawatts Under TVA's New Data Center Tariff Oct 6, 2026 Runway Growth Finance Corp. Announces Date for Third Quarter 2026 Financial Results and Conference Call Oct 6, 2026 ZenaTech Advances ZenaDrone 2000 Heavy-Lift Interceptor Toward Flight Testing for Counter-UAS and Maritime Defense Oct 6, 2026