ZIM Updates On Withholding Tax Procedures On June 2022 Cash Dividend

 ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on June 8, 2022, as previously announced by the Company on May 18, 2022 (the “Dividend”), and in accordance with its previously obtained tax ruling (the “Ruling’) from the Israeli Tax Authority (“ITA”), certain shareholders of the Company (“Shareholders”) may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in comparison to the generally applicable withholding tax rate (the “Reduced Withholding Tax Rate”), under certain terms and conditions as set forth below. The Ruling also applies to any future dividend distributions to be made by the Company on or before December 31, 2022, if declared by the Company.