Business
Leading Proxy Advisor ISS Recommends Shareholders Vote FOR the ZIM Director Nominees
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company") today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that shareholders vote ONLY "FOR" all eight of ZIM's director nominees and AGAINST the three director nominees proposed by the dissident shareholders in connection with the Company's Annual Meeting on December 26, 2025.
About this update from Zim Integrated Shipping Services Ltd.
[{"type":"text","content":"HAIFA, Israel, Dec. 8, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company") today announced that leading independent proxy advisory firm Institutional Shareholder Services ("ISS") has recommended that shareholders vote ONLY "FOR" all eight of ZIM's director nominees and AGAINST the three director nominees proposed by the dissident shareholders in connection with the Company's Annual Meeting on December 26, 2025.","length":516,"tagName":"p"},{"type":"image","alt":"ZIM Logo","displaySize":"","headline":null,"caption":"ZIM Logo","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":128,"url":"https://media.zenfs.com/en/prnewswire.com/4f1f929ed85457cd8714eb77ee9b15c7"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.buqqoHjVmbppBjwkNBVGg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIyNjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/4f1f929ed85457cd8714eb77ee9b15c7","width":400,"height":128}}},{"type":"text","content":" ","length":6,"tagName":"p"},{"type":"text","content":"Since its IPO, ZIM has delivered peer-leading total shareholder returns through its commitment to focused execution, an agile operating strategy, disciplined capital allocation and strong governance. Over the last few years, the Company has modernized its fleet, improved its cost structure, strengthened its balance sheet and returned significant amounts of capital to shareholders.","length":388,"tagName":"p"},{"type":"text","content":"Consistent with its commitment to maximizing value to shareholders, ZIM's independent, qualified Board of Directors, composed of directors who bring deep industry, financial, regulatory, operational, and transactional expertise, is conducting a robust, objective strategic review with the assistance of independent financial and legal advisors. The Board recommends protecting this focused review from disruption by dissident shareholders.","length":443,"tagName":"p"},{"type":"text","content":"ZIM is pleased that ISS recognizes the strength of the Company's Board and supports the election of the full slate of ZIM nominees.","length":135,"tagName":"p"},{"type":"text","content":"In its report, ISS found that the dissident shareholders:","length":57,"tagName":"p"},{"type":"list","items":[{"val...