#Israel #Haifa #Director Nominees #ZIM Integrated #Institutional Shareholder

ZIM Integrated Shipping Services: A Strong Support from ISS

In a recent announcement, ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) received a significant endorsement from the renowned proxy advisory firm, Institutional Shareholder Services (ISS). The advisory has urged shareholders to vote in favor of all eight of ZIM’s director nominees, explaining that the dissident shareholders’ proposals lack compelling rationale and relevant industry experience.

ZIM's journey since its Initial Public Offering (IPO) has been marked by impressive shareholder returns. This achievement hinges on the company’s ability to execute its strategies with precision, maintain an agile operational model, and adhere to disciplined capital allocation practices. Notably, ZIM has also focused on modernization, enhancing its fleet, improving cost structures, and reinforcing its balance sheet, thus returning substantial capital to its shareholders.

As ZIM approaches its annual meeting set for December 26, 2025, the company's Board of Directors emphasizes the importance of protecting its strategic direction from perceived disruptions posed by the dissenting shareholders. The Board has recently initiated a comprehensive strategic review with independent advisors to ensure that the focus remains squarely on maximizing shareholder value.

ISS's Evaluation of the Dissident Shareholders

The ISS report was critical of the dissident shareholders, indicating that their nominees did not possess adequate experience within the shipping industry, which is essential for overseeing ZIM's operations. According to ISS, the suggestions from the dissenting group have not added value or presented constructive solutions aimed at enhancing the company's business or shareholder returns. This analysis underlines the substantial expertise that ZIM’s board members bring to the table, reinforcing the credibility of ZIM’s governance.

Chairman of the Board, Yair Seroussi, expressed satisfaction with ISS's recommendation, highlighting the absence of relevant experience among the dissident nominees. He encouraged all ZIM shareholders to vote in favor of the company’s qualified directors to further support strategic initiatives that promise to bolster ZIM’s position as a leader in the global shipping industry.

The Importance of Your Vote

Shareholders play a critical role in shaping the future of ZIM and ensuring that the company thrives. The Board of Directors has strongly urged shareholders to back the entirety of ZIM's nominees as a measure of safeguarding their investments. This recommendation comes amidst an accreditation of ZIM's commitment to a focused, cohesive strategy that leverages collective industry knowledge and operational expertise.

For shareholders requiring assistance in casting their votes ahead of the meeting, the company has partnered with Sodali & Co for guidance. They can be contacted via their toll-free number or email for any inquiries related to voting processes.

About ZIM

Founded in 1945 in Israel, ZIM has grown into a prominent player within the global container liner shipping sector, operating in over 90 countries and serving a vast customer base across more than 300 ports worldwide. With a strong commitment to digital innovation and sustainability, ZIM continues to pursue groundbreaking logistics solutions while fostering an exceptional customer experience.

As the company navigates its strategic initiatives, the vote on December 26 presents a pivotal opportunity for shareholders to support a governance framework that has consistently delivered value and solidified ZIM’s market position. Shareholder engagement and participation remain essential as the company gears toward future growth and success.