Zim Integrated Shipping Services Ltd. · NYSE:ZIM
Zim Integrated Shipping Services — Q2 2026 Earnings Presentation
20 slides from Zim Integrated Shipping Services's earnings presentation, Aug 19, 2026
Slide 1: Investor Presentation Q2 2026 Financial Results
Investor Presentation Q2 2026 FINANCIAL RESULTS August 19, 2026
Slide 2: Disclaimer
Disclaimer 2 agreements and strategic partnerships; formation of new alliances among global carriers, changes in and disintegration of existing alliances and collaborations, including alliances and collaborations to which we are not a party to; our anticipated insurance costs; our expectations regar
Slide 3: Improved Market Conditions and Strategic Execution Drive Strong Q2 2026 Results
Improved Market Conditions and Strategic Execution Drive Strong Q2 2026 Results 3 Note: Figures in parentheses reflect year-over-year comparison; Fleet percentages (40% LNG-powered, 60% newbuild) reflect share of operated capacity (TEU) Q2 2026 corporate update Investor Presentation Cash Flow from O
Slide 4: Full Year 2026 Guidance
Full Year 2026 Guidance 4 Q2 2026 corporate update Investor Presentation 2026 $2.0 Bn to $2.4 Bn Adjusted EBITDA $700 Mn to $1.1 Bn Adjusted EBIT 2026 Guidance Drivers Freight rates: higher vs. 2025 Operated capacity: stable capacity YoY Volume: slightly higher vs. 2025 Bunker costs: meaningfully hi
Slide 5: Dividend Policy and Expected Dividend
Dividend Policy and Expected Dividend 5 Policy: distribute between 30-50% of annual net income Q2 2026 corporate update Investor Presentation Based on 2026 guidance, expect to pay dividends for this year Note: all future dividends are subject to the discretion of Company's Board of Directors and to
Slide 6: Pending Transaction with Hapag-Lloyd
Pending Transaction with Hapag-Lloyd 6 Targeted Closing Q4 2026 ZIM shareholders to receive $35/share ZIM shareholders approval obtained State of Israel approval (“Golden Share”) pending Antitrust approvals pending 1 2 3 4 Q2 2026 corporate update Investor Presentation Closing remains subject to cus
Slide 7: Modern, Cost Effective Fleet; Optionality to Adjust Fleet Size
Note: fleet percentages (40% LNG-powered, 60% newbuild) reflect share of operated capacity (TEU) Modern, Cost Effective Fleet; Optionality toAdjust Fleet Size 7 Vessels 128 115 containerships 13 car carriers ~40% ~60% LNG powered Newbuild 707K TEU Re deliveries YTD 2026 2026 2027 4 chartered vessels
Slide 8: Investing in Modern and Competitive Capacity
Investing in Modern and Competitive Capacity 8 X 8,000 TEU Vessels(Scrubber Fitted) X 3,000-5,000 TEU Vessels(Some Scrubber Fitted) X 12,000 TEU Vessels(Scrubber Fitted) X 11,500 TEU LNG-fueled Vessels 2 10 4 20 New charter agreements to secure 40 additional vessels, including 36 newbuilds 250K TEU
Slide 9: Strong Freight Rates Support Improved Earnings for 2026
Strong Freight Rates Support Improved Earnings for 2026 9 USEC SCFI: Q3 QTD average rate ~3x Q1 average Q2 2026 market update Investor Presentation Key freight rate drivers Resilient consumer demand (frontloading & restocking); supported by technology and energy investments Supply constraints: Panam
Slide 10: Competing Dynamics: Demand vs. Supply Growth with Major Disruptions
Competing Dynamics: Demand vs. Supply Growth with Major Disruptions 10 Delivered On Order Average of TEU 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 5,000 10,000 15,000 20,000 25,000 Average of TEU Cellular Containerships Deliveries by TEU TEU Total 3.5M 3.0M 2.5M 2.0M 1.5M 1.0M
Slide 11: Key Operational and Financial Indicators
Key Operational and Financial Indicators 11 Note: Operational and cash flow metrics – figures in parentheses reflect year-over-year comparisonBalance sheet metrics – figure in parentheses reflect comparison to year-end 2025 Q2-26 H1-26 Operational Carried volume (K TEU) 922 (+3%) 1,788 (-3%) Revenue
Slide 12: Q2 & H1 2026 Financial Highlights
12 XX% - margin Q2 & H1 2026 Financial Highlights Financial highlights Investor Presentation Adjusted EBITDA ($Mn) Adjusted EBIT ($Mn) Revenue ($Mn) +9% 3,642 3,177 H1.25 H1.26 Q2.25 Q2.26 -13% 1,636 1,781 +4% 1,251 804 -36% 472 491 +14% 612 -73% 149 +226% 318 4 -99% 24 77 29% 28% 34% 25% 9% 10% 17%
Slide 13: Average Freight Rate up by 8%, Driven by Strong Transpacific Trade
Average Freight Rate up by 8%, Driven by Strong Transpacific Trade 13 922 895 Latin America Intra-Asia Atlantic Cross-Suez Pacific Q2.2026 Q2.2025 +3% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Volume Breakdown By Geographic Trade Zone (K TEU) ZIM Average Freight Rate ($/TEU) Q2 2026 Financial highligh
Slide 14: Key Takeaways
Key Takeaways 14 Investor Presentation Differentiated commercial and operational strategy underpins strong market position Strong balance sheet and liquidity, enabling ZIM to navigate a highly volatile operating environment Strong operational and financial results in Q2 driven by improved market con
Slide 15: Appendix
Appendix
Slide 16: Q2 2026 Cash Flow Bridge ($Mn)
Q2 2026 Cash Flow Bridge ($Mn) 16 395 -9 386 -4 -7 -389 Cash Flow from Operations CAPEX, net Debt Service Net changein Total CashPosition Others Free Cash Flow Investor Presentation
Slide 17: H1 2026 Cash Flow Bridge ($Mn)
H1 2026 Cash Flow Bridge ($Mn) 17 657 -36 621 -781 -6 -106 Cash Flow from Operations CAPEX, net Dividend Net changein Total CashPosition Others Free Cash Flow Debt Service -272 Investor Presentation
Slide 18: Disclaimer: Use of Non-IFRS Financial Measures
Disclaimer 18 Use of Non-IFRS Financial Measures The Company presents non-IFRS measures as additional performance measures as the Company believes that it enables the comparison of operating performance between periods on a consistent basis. These measures should not be considered in isolation, or a
Slide 19: Reconciliation of Net Income to Adjusted EBIT, Adjusted EBITDA & Adjusted Net Income
Reconciliation of Net Income to Adjusted EBIT, Adjusted EBITDA & Adjusted Net Income 19 * The tables may contain slight summation differences due to rounding ($ in Mn) Q2’26 Q2’25 RECONCILIATION OF NET INCOME (LOSS) TO ADJUSTED EBIT* Net income 64 24 Financial expenses, net 84 100 Income taxes (3) 2
Slide 20: Thank you
Thank you
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