Leading Proxy Advisor ISS Recommends Shareholders Vote FOR the ZIM Director Nominees

Core Viewpoint - ZIM Integrated Shipping Services Ltd. has received a recommendation from Institutional Shareholder Services (ISS) for shareholders to vote "FOR" all eight of ZIM's director nominees and "AGAINST" the three nominees proposed by dissident shareholders during the upcoming Annual Meeting on December 26, 2025 [1][4]. Group 1: Company Performance and Strategy - Since its IPO, ZIM has achieved peer-leading total shareholder returns through focused execution, agile operating strategies, disciplined capital allocation, and strong governance [2]. - The company has modernized its fleet, improved its cost structure, strengthened its balance sheet, and returned significant capital to shareholders over the past few years [2]. - ZIM's Board of Directors is conducting a strategic review with independent financial and legal advisors to maximize shareholder value, and they recommend protecting this review from disruptions by dissident shareholders [3]. Group 2: Board of Directors and Shareholder Recommendations - ISS supports the election of ZIM's full slate of nominees, stating that the dissident shareholders' nominees lack relevant experience for overseeing the business or participating in the strategic review [4][7]. - The Board of Directors urges all ZIM shareholders to vote "FOR ALL" of the company's nominees to protect their investment [5].