Reported Revenues of $1.64 Billion, Net Income of $24 million, Adjusted EBITDA1 of $472 Million and Adjusted EBIT1 of $149 Million2 Mr. Glickman concluded, "Given our performance to date, we have increased the midpoints of our 2025 guidance ranges. We now expect full year Adjusted EBITDA between $1.8 billion and $2.2 billion and Adjusted EBIT between $550 million and $950 million. We intend to draw on our transformed fleet and improved cost structure to continue to create long-term value for our shareholder ...

Core Viewpoint - ZIM Integrated Shipping Services Ltd. has announced an update regarding the dividend distribution scheduled for June 9, 2025, and has obtained an extension of a tax ruling from the Israeli Tax Authority concerning withholding tax procedures for shareholders [1][2]. Dividend Announcement - The company declared a dividend payment of $0.74 per ordinary share, totaling approximately $89 million, to be paid to shareholders as of June 2, 2025, with the payment date set for June 9, 2025 [6]. Tax Withholding Procedures - The current Israeli withholding tax rate on dividends is 30% for substantial shareholders and 25% for other ordinary shareholders. However, certain shareholders may qualify for a reduced withholding tax rate due to the recent ruling [7][8]. - To benefit from the reduced withholding tax rate, shareholders must comply with specific terms outlined in the ruling, including submitting required documentation by July 3, 2025 [10][11]. Agent Appointment - ZIM has appointed IBI Trust Management as the processing agent to facilitate the implementation of the tax ruling procedures for shareholders [9]. Eligibility for Reduced Tax Rate - Shareholders residing in countries with tax treaties with Israel may apply for a reduced tax withholding rate during the designated period, with applications evaluated based on Israeli tax laws and applicable treaties [8][14]. - Non-Israeli corporate shareholders must provide additional documentation, including a declaration of residency and shareholder register, to qualify for the reduced rate [14].

Group 1 - ZIM Integrated Shipping Services Ltd. will release its first quarter 2025 financial results on May 19, 2025, before U.S. financial markets open [1] - A conference call and webcast will be held at 8:00 AM ET to review the results and provide a corporate update [1][2] - The conference call will be available via live webcast on ZIM's website, with a replay accessible after the call [2] Group 2 - ZIM, founded in 1945, is a leading global container liner shipping company operating in over 90 countries and serving approximately 33,000 customers in more than 300 ports worldwide [3] - The company leverages digital strategies and ESG values to offer innovative transportation and logistics services, focusing on customer experience [3] - ZIM's strategy includes agile fleet management and deployment, targeting major trade routes and select markets where it holds competitive advantages [3]