ZIM Announces Agreement with Shareholder Group

Core Viewpoint - ZIM Integrated Shipping Services Ltd. has reached an agreement with a shareholder group regarding the composition of its Board of Directors ahead of the upcoming Annual Meeting on December 26, 2025 [1][2]. Group 1: Shareholder Agreement - The shareholder group led by Mor Gemel Pension Ltd., Reading Capital Ltd., and Sparta 24 Ltd. has agreed to withdraw its proxy contest [2]. - ZIM's Board of Directors has approved a unified slate of ten director nominees, including incumbent directors and two additional nominees, Ron Hadassi and Ran Gritzerstein [2][5]. - Dr. Keren Bar-Hava has withdrawn her candidacy for election as a director and will serve as an observer to the Board [3]. Group 2: Support for the Board - Members of the shareholder group express full confidence in ZIM's Board of Directors and support the ongoing strategic review [4]. - The shareholder group encourages all ZIM shareholders to vote in favor of the ten director nominees recommended by the Board [4][5]. - Yair Seroussi, Chairman of ZIM's Board, stated that the agreement reflects strong alignment between the Board and shareholders, allowing the Board to focus on maximizing value for all shareholders [5]. Group 3: Voting Information - ZIM shareholders are encouraged to vote FOR all ten director nominees to support the Board's full slate [6]. - Shareholders who have already voted can change their vote by submitting a new proxy using their original control number [6]. Group 4: Company Overview - ZIM is a leading global container liner shipping company founded in Israel in 1945, operating in over 90 countries and serving approximately 33,000 customers in more than 300 ports worldwide [7]. - The company leverages digital strategies and ESG values to provide innovative transportation and logistics services [7]. - ZIM's strategy focuses on agile fleet management and deployment, covering major trade routes with a competitive advantage in select markets [7].