#Israel #Board of Directors #ZIM Integrated Shipping #Haifa #Shareholder Group

ZIM Integrated Shipping Services: A Pivotal Agreement with Shareholders

ZIM Integrated Shipping Services Ltd., publicly listed on the NYSE under the ticker ZIM, has recently made headlines with a significant announcement regarding its governance structure. On December 16, 2025, the company confirmed that it has successfully reached an agreement with a shareholder group that includes Mor Gemel Pension Ltd., Reading Capital Ltd., and Sparta 24 Ltd. This consensus comes right before the company’s Annual and Extraordinary General Meeting of Shareholders scheduled for December 26, 2025.

This agreement marks a noteworthy shift as it will impact the composition of ZIM’s Board of Directors. The shareholder group, who initially intended to partake in a proxy contest, has now agreed to withdraw their contest in favor of a unified group of nominees proposed by the company’s board. This slate comprises ten directors, encompassing the current incumbents and two new recommendations: Ron Hadassi and Ran Gritzerstein.

The announcement further indicated that Dr. Keren Bar-Hava (CPA), who had previously sought a nomination for the board, has opted to withdraw her candidacy. Instead, she will serve in the capacity of an observer on the Board, reflecting a cooperative spirit among stakeholders striving to advance ZIM’s interests.

Each member of the shareholder group, composed of various institutional and retail investors from Israel, has expressed unwavering confidence in the existing Board of Directors. They acknowledged the Board’s ongoing strategic review efforts and expressed strong support for the nominees recommended for election. The shareholder group’s endorsement is particularly significant as it could foster a sense of unity and purpose as ZIM navigates its future strategies.

Yair Seroussi, Chairman of ZIM’s Board, highlighted the importance of this agreement, suggesting it represents a robust alignment of interests at a critical juncture for the company. With the shareholders’ support for the complete slate of nominees, the Board is better positioned to focus on completing its strategic review with an emphasis on maximizing shareholder value.

ZIM’s commitment to transparency and engagement is evident in the steps taken to keep shareholders updated as the strategic review unfolds. The Board has unanimously encouraged shareholders to cast their votes in favor of the proposed nominees, emphasizing that every vote carries substantial weight in shaping the company’s trajectory.

For shareholders needing assistance with the voting process ahead of the meeting, ZIM has designated Sodali Co, their proxy solicitor, as a resource for guidance. Shareholders with questions can contact them at toll-free numbers or via email, ensuring that every voice is heard during this pivotal moment.

About ZIM Integrated Shipping Services

Founded in 1945 in Israel, ZIM is recognized as a leading global container liner shipping company, boasting operations in over 90 countries and providing services to around 33,000 customers across more than 300 ports globally. The company's innovative approach incorporates digital strategies and a firm commitment to ESG principles, positioning it distinctively in the market. ZIM’s strategy revolves around agile fleet management, focusing on trade routes and markets where it excels.

For more information about ZIM and its strategic initiatives, participants can visit their official website at www.ZIM.com.

This pivotal agreement to clarify the Board’s composition ahead of the Annual General Meeting could very well be steering ZIM towards a promising path, both for its governance and operational strategies.