4,600,000 Shares Costamare Inc.Underwriting Agreement • January 26th, 2018 • Costamare Inc. • Deep sea foreign transportation of freight • New York
Costamare Inc., a Marshall Islands corporation (the “Company”), proposes to issue and sell to the several Underwriters named in Schedule I hereto (the “Underwriters”), for whom Morgan Stanley & Co. LLC is acting as Representative (the “Representative”), 4,600,000 shares (the “Firm Shares”) of its 8.875% Series E Cumulative Redeemable Perpetual Preference Stock, par value $0.0001 per share, liquidation preference $25.00 per share (the “Series E Preferred Stock”). The Company also proposes to issue and sell to the several Underwriters not more than an additional 686,000 shares of its Series E Preferred Stock (the “Additional Shares”), if and to the extent that the Representative shall have determined to exercise the right to purchase such shares of Series E Preferred Stock granted to the Underwriters in Section 2 hereof. The Firm Shares and the Additional Shares are hereinafter collectively referred to as the “Shares.” The Shares shall have the rights, powers and preferences set forth in
