Notes That the Board’s Steps “Reflect a Meaningful Effort to Ensure a Disciplined and Impartial Process”

Dissident Campaign Based on “Allegations Rather Than a Rigorously Supported Assessment”

ZIM Urges Shareholders to Support the Independent Board and the Ongoing Strategic Review by Voting ONLY FOR all Eight of ZIM’s Nominees and AGAINST all Three Dissident Nominees

HAIFA, Israel, Dec. 14, 2025 /PRNewswire/ — ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) (“ZIM” or the “Company”) today announced that leading independent proxy advisory firm Glass Lewis has recommended that shareholders vote ONLY FOR all eight of ZIM’s director nominees and AGAINST all three dissident nominees in connection with the Company’s Annual General Meeting on December 26, 2025.

ZIM Integrated Shipping Services Ltd. Logo

This follows the earlier recommendation from Institutional Shareholder Services (“ISS”), which also advised shareholders to vote FOR all eight ZIM nominees and AGAINST all three dissident nominees. Both major independent proxy advisors have now reviewed the contest and independently concluded that ZIM’s current Board is the right team to oversee the Company’s ongoing strategic review.

ZIM’s Board is overseeing a broad, comprehensive and independent strategic  
review, led exclusively by the independent Board and supported by
independent external financial and legal advisors.

 

No member of ZIM’s management is on the Board and management
is fully excluded from evaluating any value-maximizing alternatives
under consideration as part of the strategic review.

 

As previously disclosed, the Board has received multiple indications of 
interest following its outreach to strategic and financial parties. 

ZIM is pleased that Glass Lewis recognized the independence, rigor, and appropriateness of the Board’s approach and affirmed that the Dissident Group has not provided a compelling or substantiated case for Board change while the strategic review is underway.

In its report, Glass Lewis found that:1

  • There was “[n]o evidence to suggest that the process is flawed, conflicted, or misaligned with shareholder interests,” and that the Board’s actions reflect “a disciplined and impartial process.”
  • “The Dissident Group’s reported concerns regarding a potential management-led buyout appear to overlook the reality that the Company’s shareholder base is highly dispersed, with the 10 largest shareholders each only holding between approximately 1.2% and 4.1% of the Company’s ordinary shares. In such an ownership structure, no single investor or aligned bloc is likely to be able to single-handedly determine the outcome of a change-of-control transaction. Any acquisition proposal, whether from management or an external bidder, would require broad shareholder support to be consummated.”
  • The Dissident Group “has not articulated a sufficiently compelling case to warrant the election of its nominees at this time.”
  • The Dissident Group’s position relied heavily on “characterizations of press reports, rumors, and speculation about internal management conduct, none of which has been substantiated by contemporaneous evidence or financial analysis.”
  • With respect to the Dissident Group’s demands regarding risky amounts of capital returns, the Dissident Group’s premise “is not well supported,” noting that the Company operates in “a capital-intensive and highly cyclical industry, carries significant long-term charter commitments, and must maintain adequate liquidity to manage freight-rate volatility and operational risk.”
  • On board composition and independence, the Dissident Group “has not demonstrated that legacy influence remains a material governance concern or that additional changes to board composition are warranted on this basis” and that, by contrast, the dissident nominees “lack direct experience in maritime operations, industrial enterprises, or large-scale strategic transactions – areas that are central to overseeing a capital-intensive, globally regulated shipping business undergoing a late-stage evaluation of potential strategic alternatives.”

Based on this analysis, Glass Lewis recommends that ZIM shareholders vote “FOR” ZIM’s director nominees and “AGAINST” the election of the three nominees of the Dissident Group.

“We welcome the Glass Lewis recommendation to vote FOR all eight of ZIM’s nominees and AGAINST all three dissident nominees,” said Yair Seroussi, Chairman of the Board of Directors. “With both Glass Lewis and ISS independently supporting ZIM’s full slate and opposing the election of the Dissident Group’s nominees, shareholders now have clear external validation that the Board overseeing the strategic review is independent, qualified and acting in the best interests of all shareholders. I hope that the Israeli institutional investors will join all investors in achieving the appropriate result. We remain fully committed to a transparent, disciplined process as the review advances to its conclusion.”

Your Vote is Important

With both Glass Lewis and ISS recommending FOR all eight of ZIM’s director nominees, the Board strongly urges all ZIM shareholders to protect the value of their investment by voting “FOR ALL” of the Company’s nominees and AGAINST the three dissident nominees TODAY.

If shareholders have questions or require assistance in voting their shares for the Meeting, please contact the Company’s proxy solicitor, Sodali & Co, at the following contact information:

Sodali & Co
Toll Free: (800) 662-5200
Brokers and Banks: (203) 658-9400
Email: ZIM@info.sodali.com

About ZIM

Founded in Israel in 1945, ZIM is a leading global container liner shipping company with established operations in more than 90 countries serving approximately 33,000 customers in over 300 ports worldwide. ZIM leverages digital strategies and a commitment to ESG values to provide customers with innovative seaborne transportation and logistics services and exceptional customer experience. ZIM’s differentiated global-niche strategy, based on agile fleet management and deployment, covers major trade routes with a focus on select markets where the company holds competitive advantages. Additional information about ZIM is available at www.ZIM.com

Forward-Looking Statements

This press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995). In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “proposed,” potential” or “continue,” the negative of these terms and other comparable terminology. These statements are only predictions based on the Company’s current expectations and projections about future events or results. There are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause such differences include risks and uncertainties detailed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including under the caption “Risk Factors” in its 2024 Annual Report filed with the SEC on March 12, 2025. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company assumes no duty to update any of these forward-looking statements after the date hereof to conform its prior statements to actual results or revised expectations, except as otherwise required by law.

[1] Permission to quote was neither sought nor obtained.

Investors:
Sodali & Co
ZIM@info.sodali.com 

Logo – https://mma.prnewswire.com/media/1933864/ZIM_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/leading-proxy-advisor-glass-lewis-recommends-shareholders-vote-for-the-zim-director-nominees-302641731.html

SOURCE Zim Integrated Shipping Services Ltd.

A Statement from Dr. David Jeremiah on the Violence that Occurred this Weekend

SAN DIEGO, Dec. 14, 2025 /PRNewswire/ — It is with a heavy heart that we extend our condolences, sympathy & prayers to the families affected by the terroristic event at Bondi Beach in Australia and the mass shooting at Brown University in Rhode Island. No family should have to endure this kind of pain and trauma. That these horrific events have occurred so close to Christmas, a time of joy, hope, and peace makes it even harder.

At times like this, words can seem hollow, and even well-meaning statements can appear to be empty platitudes, but I believe every word spoken by Jesus holds immense truth. In His Sermon on the Mount, He said, “Blessed are those who mourn, for they will be comforted.” So that is my prayer for the families and communities of Brown University and Bondi Beach.

May the God of all comfort sustain you today and, in the days, ahead. It will not be easy, and the heartache will still be felt, but I know God will be with us as. As we enter the third Sunday of Advent, and the start of Hanukkah, may the miracle of these blessed seasons and the hope, joy, and promise they instill in our hearts anchor us to our Savior who came once and is coming again to restore all things.

Dr. David Jeremiah is a renowned Bible teacher, New York Times bestselling author, and founder/host of Turning Point Broadcast Ministry. With over forty years of ministry, his teaching has led to the creation of programming such as ProphecyExplained, BibleStrong.org, Airship Genesis, PassagesTV, Why the Nativity?, PerhapsToday, and The Coming Golden Age to name a few.

Follow Turning Point and Dr. Jeremiah on Social Media and on YouTube –

https://www.davidjeremiah.org/facebook
https://www.davidjeremiah.org/twitter
https://www.davidjeremiah.org/instagram
https://www.davidjeremiah.org/youtube

About Turning Point
Turning Point Ministries was founded in 1982 as Dr. David Jeremiah’s broadcast ministry to deliver the unchanging Word of God to an ever-changing world. More than four decades later, with a multimedia network featuring radio, television, online programming, magazines, and books, Turning Point reaches people around the globe with the saving knowledge of Jesus Christ. Turning Point is a 501(c)(3) nonprofit organization wholly supported by patrons and not underwritten by any church or organization.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-heartfelt-condolence-302641714.html

SOURCE Turning Point with David Jeremiah

A Statement from Dr. David Jeremiah on the Violence that Occurred this Weekend

SAN DIEGO, Dec. 14, 2025 /PRNewswire/ — It is with a heavy heart that we extend our condolences, sympathy & prayers to the families affected by the terroristic event at Bondi Beach in Australia and the mass shooting at Brown University in Rhode Island. No family should have to endure this kind of pain and trauma. That these horrific events have occurred so close to Christmas, a time of joy, hope, and peace makes it even harder.

At times like this, words can seem hollow, and even well-meaning statements can appear to be empty platitudes, but I believe every word spoken by Jesus holds immense truth. In His Sermon on the Mount, He said, “Blessed are those who mourn, for they will be comforted.” So that is my prayer for the families and communities of Brown University and Bondi Beach.

May the God of all comfort sustain you today and, in the days, ahead. It will not be easy, and the heartache will still be felt, but I know God will be with us as. As we enter the third Sunday of Advent, and the start of Hanukkah, may the miracle of these blessed seasons and the hope, joy, and promise they instill in our hearts anchor us to our Savior who came once and is coming again to restore all things.

Dr. David Jeremiah is a renowned Bible teacher, New York Times bestselling author, and founder/host of Turning Point Broadcast Ministry. With over forty years of ministry, his teaching has led to the creation of programming such as ProphecyExplained, BibleStrong.org, Airship Genesis, PassagesTV, Why the Nativity?, PerhapsToday, and The Coming Golden Age to name a few.

Follow Turning Point and Dr. Jeremiah on Social Media and on YouTube –

https://www.davidjeremiah.org/facebook
https://www.davidjeremiah.org/twitter
https://www.davidjeremiah.org/instagram
https://www.davidjeremiah.org/youtube

About Turning Point
Turning Point Ministries was founded in 1982 as Dr. David Jeremiah’s broadcast ministry to deliver the unchanging Word of God to an ever-changing world. More than four decades later, with a multimedia network featuring radio, television, online programming, magazines, and books, Turning Point reaches people around the globe with the saving knowledge of Jesus Christ. Turning Point is a 501(c)(3) nonprofit organization wholly supported by patrons and not underwritten by any church or organization.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-heartfelt-condolence-302641714.html

SOURCE Turning Point with David Jeremiah

A Statement from Dr. David Jeremiah on the Violence that Occurred this Weekend

SAN DIEGO, Dec. 14, 2025 /PRNewswire/ — It is with a heavy heart that we extend our condolences, sympathy & prayers to the families affected by the terroristic event at Bonsai Beach in Australia and the mass shooting at Brown University in Rhode Island. No family should have to endure this kind of pain and trauma. That these horrific events have occurred so close to Christmas, a time of joy, hope, and peace makes it even harder.

At times like this, words can seem hollow, and even well-meaning statements can appear to be empty platitudes, but I believe every word spoken by Jesus holds immense truth. In His Sermon on the Mount, He said, “Blessed are those who mourn, for they will be comforted.” So that is my prayer for the families and communities of Brown University and Bonsai Beach.

May the God of all comfort sustain you today and, in the days, ahead. It will not be easy, and the heartache will still be felt, but I know God will be with us as. As we enter the third Sunday of Advent, and the start of Hanukkah, may the miracle of these blessed seasons and the hope, joy, and promise they instill in our hearts anchor us to our Savior who came once and is coming again to restore all things.

Dr. David Jeremiah is a renowned Bible teacher, New York Times bestselling author, and founder/host of Turning Point Broadcast Ministry. With over forty years of ministry, his teaching has led to the creation of programming such as ProphecyExplained, BibleStrong.org, Airship Genesis, PassagesTV, Why the Nativity?, PerhapsToday, and The Coming Golden Age to name a few.

Follow Turning Point and Dr. Jeremiah on Social Media and on YouTube –

https://www.davidjeremiah.org/facebook
https://www.davidjeremiah.org/twitter
https://www.davidjeremiah.org/instagram
https://www.davidjeremiah.org/youtube

About Turning Point
Turning Point Ministries was founded in 1982 as Dr. David Jeremiah’s broadcast ministry to deliver the unchanging Word of God to an ever-changing world. More than four decades later, with a multimedia network featuring radio, television, online programming, magazines, and books, Turning Point reaches people around the globe with the saving knowledge of Jesus Christ. Turning Point is a 501(c)(3) nonprofit organization wholly supported by patrons and not underwritten by any church or organization.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/a-heartfelt-condolence-302641714.html

SOURCE Turning Point with David Jeremiah

Festivals United Newark (FUN) brings ice skating, ice go-karts, and igloos to Mulberry Commons Park

NEWARK, N.J., Dec. 13, 2025 /PRNewswire/ — Newark Winter Village has returned to Mulberry Commons Park, transforming the heart of downtown Newark into a festive winter destination. Presented as part of Festivals United Newark (FUN), the seasonal attraction offers ice skating, ice go-karts, private igloos, live entertainment, and an expanded holiday marketplace, drawing thousands of residents and visitors to the city throughout the holiday season. Today, youth from Nassan’s Place, Brick4Kidz, and the Boys & Girls Club of Newark filled Mulberry Commons with laughter and movement as they skated, rode bumper cars, and embraced the magic of winter in the city. Marcy DePina, Executive Director of the Newark City Parks Foundation, was present, reinforcing the city’s ongoing commitment to vibrant downtown public spaces.

The buzz around Newark Winter Village isn’t contained to Mulberry Commons. As thousands of visitors lace up skates, race ice go-karts, and gather in glowing igloos throughout the season, the festival’s unmistakable magic is capturing attention far beyond Newark’s borders. The Village continues to position the city as a winter destination while showcasing how public spaces can be activated to spark joy, connection, and community pride. 

“Newark Winter Village is about creating shared experiences that bring families together and celebrate who we are as a city,” said First Lady Linda Baraka. “This is what it looks like when culture, creativity, and community come together in a public space.” That momentum is powered regularly by Baraka, founder of Newark Winter Village and the driving force who organizes and hosts the beloved event each year. A constant and visible presence, she ensures the Village delivers on its promise of joy, access, and authentic community connection.

The Village also welcomed siblings Michele and Jordan Morgan of The Morgans of Newark, who visited alongside Michele’s husband, award-winning actor and Newark native Tobias Truvillion, in support of the celebration. The Morgan family underwrote the Winter Village skating rink to help ensure access for children and families throughout the season. “When we were kids, we skated in our sneakers,” said Michele Morgan. “Being able to support the rink and provide skate rentals for today’s kids is incredibly meaningful. It’s our way of giving back to the city that raised us.”

Newark Winter Village also became the backdrop for a heartfelt surprise. Shane McKay of Long Island proposed to Ayana Perkins of the Bronx inside one of the Village’s heated igloos, beautifully decorated by Ayana’s family and friends. She said YES, transforming a winter night into a moment of celebration, love, and unforgettable magic.

Open now through January 4, 2026, Newark Winter Village invites residents and visitors to enjoy a festive, family-friendly destination in the heart of downtown Newark. In addition to ice skating, go-karts, and cozy igloos, the expanded holiday marketplace features rotating local vendors and food trucks—including Newark vs. Everybody, Love of Neighbor, Hitting Ur Belly, and Big Roc’s Deli—making the Village a one-stop destination for seasonal fun, shopping, and community celebration.

For more information visit: http://www.festivalsunitednewark.org

About Festivals United Newark | www.festivalsunitednewark.org  
Funded through a $1.5 million grant awarded to the Newark Alliance from the New Jersey Economic Development Authority, Festivals United Newark (FUN) is a unique partnership of leading festival and event organizers in the City of Newark, NJ. For the first time, Newark’s major festival planners have come together to form a coalition of the city’s most beloved cultural events. Together under one umbrella, FUN members include AfroBeat Fest, Halsey Festival, Lincoln Park Music Festival, Newark Arts Festival, Newark Pride, and Newark Winter Village, all in partnership with the Newark City Parks Foundation. FUN ensures a summer, fall, and winter filled with music, art, food and community. FUN is more than just a name – it’s a movement. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/newark-winter-village-returns-bringing-winter-magic-to-the-city-through-january-4-302641663.html

SOURCE Festivals United Newark (FUN)

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