ZIM Integrated Shipping Services Ltd. announced that after ten years with ZIM, including the past five years as EVP Cross Suez and Atlantic Trades, Mr. Rani Ben Yehuda informed the Company of his desire to retire from the Company. Mr. Ben Yehuda will be succeeded by Mr. Assaf Tiran. Mr. Tiran, who currently serves as ZIM's VP Global Customer Service, will be promoted to EVP Cross Suez and Atlantic Trades.

Ms. Karin Schweitzer has been appointed as ZIM's VP Global Customer Service, replacing Mr. Tiran. Mr. Nir Avni has been appointed as VP Medium & Small Countries, replacing Ms. Hani Kalinski who will be assuming the role of EVP Transpacific Trade, as previously announced. Two members of ZIM's senior management, Ms. Yael Livnat, VP Network Development & Cooperation, and Mr. Yair Teitelbaum, VP Global Sales, will be promoted to EVPs in recognition of their efforts and successful service as members of the Company's management team.