#1ZIM INVESTOR PRESENTATION FULL YEAR & Q4 2022 FINANCIAL RESULTS March 13, 2023#2Disclaimer | Forward-Looking Statements | This presentation contains or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and other comparable terminology. These forward- looking statements, which are subject to risks, uncertainties and assumptions about the Company, may include projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business as well as its intended dividend policy. 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, but are not limited to: market changes in freight, bunker, charter and other rates or prices, new legislation or regulation affecting the Company's operations, new competition and changes in the competitive environment, the outcome of legal proceedings to which the Company is a party, and other risks and uncertainties detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission, including under the caption "Risk Factors" in its 2021 Annual Report. Although the Company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, 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. The Company prepares its financial statements in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB). | 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 as a substitute for operating income, any other performance measures, or cash flow data, which were prepared in accordance with Generally Accepted Accounting Principles as measures of profitability or liquidity. Please note that Adjusted EBITDA does not take into account debt service requirements, or other commitments, including capital expenditures, and therefore, does not necessarily indicate the amounts that may be available for the Company's use. In addition, Non-IFRS financial measures, as those presented by the Company, may not be comparable to similarly titled measures reported by other companies, due to differences in the way these measures are calculated. | Adjusted EBITDA || Net income (loss) adjusted to exclude financial expenses (income), net, income taxes, depreciation and amortization in order to reach EBITDA, and further adjusted to exclude impairment of assets, non-cash charter hire expenses, capital gains (losses) beyond the ordinary course of business and expenses related to legal contingencies. | Adjusted EBIT | Net income (loss) adjusted to exclude financial expenses (income), net and income taxes, in order to reach our results from operating activities, or EBIT, and further adjusted to exclude impairment of assets, non-cash charter hire expenses, capital gains (losses) beyond the ordinary course of business and expenses related to legal contingencies. | Free cash flow | Net cash generated from operating activities minus capital expenditures, net. | Total cash position || Includes cash and cash equivalents and investments in bank deposits and other investment instruments. | Net debt | Face value of short- and long-term debt, minus cash and cash equivalents, bank deposits and other investment instruments. Net cash: cash and cash equivalents, bank deposits and other investment instruments exceeding the face value of short- and long-term debt. | Net leverage ratio || Net debt (defined above) divided by Adjusted EBITDA for the last twelve-month period. See the reconciliation of net income to Adjusted EBITDA and Adjusted EBIT below. ZIM **** *** ZIM#32022 highlights Financial highlights 2023 guidance Market update Summary **** *** ZIM Record Full Year Operational Results*: Strong Balance Sheet 3 Revenue Adj EBITDA Adj EBIT $12.6 Bm Bn $7.5 BM Bn $6.1 Bm Operating cash flow Total equity (12.31.2022) $6.1 Bn $5.9 Bn (+17%) (+14%) (+6%) (+2%) Margins Margins Adj EBITDA Adj EBIT 60% 49% * In terms of Adj. EBITDA, Adj. EBIT and operating cash flow; FY'22 net income totaled $4.63Bn compared to FY'21 net income of $4.65Bn; income tax for 2022 was $1.4Bn vs. $1.0Bn in 2021#42022 highlights Financial highlights 2023 guidance Market update Summary Building Resilience for Future Growth Operational Cost structure Agility Excellence Secure core newbuild fleet - 46 vessels (5 delivered) Commercial Diversification Customer centric Digital innovation Adapt network to market conditions Growth engines Disruptive technologies Early-stage Strategic partners SHIP4WD POWERED BY ZIM 40>>>>seas 4 LNG capacity (28 vessels) - reduced carbon footprint Improved cost structure and fuel efficiency Expand car carrier business Improve local representation in growth markets Focus on high paying cargo Kil Focus on profitability SODYC ZIMARK WAVE BL hoopo Capital allocation to ensure growth Build and secure financial resilience **** *** ZIM#52022 highlights Financial highlights 2023 guidance Market update Summary Building Long Term Shareholder Value Sn 5 $ 2023 Guidance Adjusted EBITDA $1.8 2.2 billion Adjusted EBIT $100 - 500 million $ Dividend Q4 dividend $6.40/share; ($769 million) 2022 total payout 44% of 2022 net income $16.95/share ($2.04 billion) **** *** ZIM#62022 highlights Financial highlights 2023 guidance Market update Summary Strong Results Across Key Operational and Financial Indicators* 6 Operational Q4-22 2022 Cash flow Q4-22 2022 Balance Sheet 31-12-22 Carried volume 823 3,380 (K TEUs) (-4%) (-3%) Free cash flow ($ Mn) 1,048 5,796 (-613) (+919) Total debt** ($ Mn) 4,332 (+991) Freight rate ($/TEU) 2,122 3,240 (-42%) (+16%) Cash 108% conversion rate (+38%) 77% Cash, bank deposit and 4,611 (+3%) investment instruments ($ Mn) (+761) Revenue 2,189 12,562 ($ Mn) (-37%) (+17%) Net cash (Net debt) 279 ($ Mn) (-230) * Operational and cash flow metrics - figures in parentheses reflect comparison to the same period prior year Balance sheet metrics - figure in parentheses reflect comparison to year-end 2021 ** Face value Net leverage 0.0x ratio **** *** ZIM#72022 highlights Financial highlights 2023 guidance Market update Summary **** *** ZIM Maintaining Strong Earnings and Low Leverage Ratio 7 3.4x $414 $465 $620 $1,759 $1,036 $2,949 $4,767 $6,597 $9,075 $8,930 $8,310 $7,541 0.0x Q1/20 Q2/20 03/20 04/20 Q1/21 Q2/21 Q3/21 Q4/21 Q1/22 Q2/22 03/22 04/22 LTM Adj. EBITDA ($ Mn) Net Leverage Ratio#82022 highlights Financial highlights 2023 guidance Market update Summary Solid Execution Support Strong Results and Profitability -37% +17% +14% -59% 61% 60% Revenue ($Mn) 3,466 2,189 10,729 12,562 Adjusted EBITDA ($Mn) 68% 44% 2,362 973 6,597 7,541 04.21 Q4.22 FY.21 FY.22 Q4.21 04.22 FY.21 FY.22 +6% 0% -72% -76% 54% 49% 61% 27% Adjusted 2,113 EBIT 585 5,820 6,145 Net Income 1,708 417 4,649 4,629 ($Mn) ($Mn) 04.21 Q4.22 FY.21 FY.22 Q4.21 Q4.22 FY.21 FY.22 8 **** *** ZIM XX% - margin#92022 highlights Financial highlights 2023 guidance Market update Volume Breakdown By Geographic Trade Zone (K TEU) 858 823 3,481 Summary **** *** ZIM 3,380 1,376 1,160 345 619 428 496 1,058 303 291 939 84 115 163 108 Pacific Cross-Suez Atlantic Intra-Asia 251 250 202 238 57 59 Latin America Q4.2021 Q4.2022 FY.2021 FY.2022 9#102022 highlights Financial highlights 2023 guidance Market update Summary Cash Flow 2022 Highlights ($m) 6,110 -314 5,796 -3,303 (1,670) 59 -88 Cash Flow from CAPEX, Net Operations Free Cash Flow Dividend* Debt Service Financing Initiatives Net Change in ST Loans & Others Full year 2022 cash flow bridge ($ Mn) 10 * Includes final 2021 dividend paid in April 2022; excludes final 2022 dividend payable in April 2023 792 Net Change in Total Cash Position **** *** ZIM#112022 highlights Financial highlights 2023 guidance Market update Summary |2023 Full Year Guidance 11 Adjusted EBITDA Adjusted EBIT Average freight rates Carried volume Bunker rates $1.8 - 2.2 Bn $100 - 500 Mn Significantly lower Higher Slightly lower ZIM **** *** ZIM#122022 highlights Financial highlights 2023 guidance Market update Summary **** *** ZIM | 2022 Dividend $2.85/share Q1 2022 interim dividend (20% of Q1 2022 net income) $4.75/share Q2 2022 interim dividend ($3.33 -30% of Q2 2022 net income + $1.42 - onetime "catch up", 10% of Q1 net income) $2.95/share Q3 2022 interim dividend (30% of Q3 2022 net income) $6.40/share Q4 2022 dividend* (30% of Q4 2022 net income + "catch up" to 44% of 2022 net income) $16.95/shar 12 * Record date - March 24, 2023; ex-dividend date - April 4, 2023; payout date - April 3, 2022 Total 2022 payout 44% of 2022 net income ZIM#132022 highlights Financial highlights 2023 guidance Market update Summary Capital Allocation Priorities for 2023 (and Beyond) 13 Capacity prepayment for LNG vessels Equipment renew container fleet; reefer fleet M&A focus on SEA and LATAM 187 Return capital to shareholders ZIM **** *** ZIM#142022 highlights Financial highlights 2023 guidance Market update Summary Supply/Demand Balance is a Threat; Potential Mitigating Factors are Possible Supply/Demand Balance 14 30M - 8.6% 20M 7.6% 6.3% 5.8% 4.0% 3.8% 10M 10% 8.8% Scrapping Restocking 8.2% 6.7% 4.5% 2.2% 4.1% 1.4% 1.8% 1.9% 2.9% 1.7% 1.8% -1.0% 0.1% 0% 0 -10% 2014 2015 2016 2017 2018 2019 2020 2021 2022 F 2023 F 2024 F Fleet Capacity (year and Mteu) % Annual Capacity Growth Global Throughput Growth Source: Alphaliner Monthly Monitor, Februaryy 2023 Slippage IMO2023 **** *** ZIM#15Q&A SESSION#162022 highlights Financial highlights 2023 guidance Market developments Summary **** *** ZIM Solid Foundation for Any Market Diversified commercial presence Competitive cost structure Growth engines Significant LNG "green" capacity Strong balance sheet 16 N#17APPENDIX#18Reconciliation of Net income to Adjusted EBITDA and Adjusted EBIT 2022 2021 2020 ($ in Mn) RECONCILIATION OF NET INCOME TO ADJUSTED EBIT 18 Net income Financial expenses, net Income taxes Operating income (EBIT) Non-cash charter hire expenses (1)(2) Capital gain, beyond the ordinary course of business Impairment losses (recoveries) of assets 4,629 4,649 524 109 157 181 1,398 1,010 17 6,136 5,816 722 0 2 8 (1) 0 0 0 0 (4) Expenses related to legal contingencies 10 2 m Adjusted EBIT 6,145 5,820 729 RECONCILIATION OF NET INCOME TO ADJUSTED EBITDA Net income 4,629 4,649 524 Financial expenses, net 109 157 181 Income taxes 1,398 1,010 17 Depreciation and amortization EBITDA Non-cash charter hire expenses (1)(2) Capital gain, beyond the ordinary course of business Impairment losses (recoveries) of assets Expenses related to legal contingencies Adjusted EBITDA 1,396 780 314 7,532 6,596 1,036 0 (1) 1 (1) 0 0 0 0 (4) 10 2 3 7,541 6,597 1,036 Notes: (1) Mainly related to amortization of deferred charter hire costs, recorded in connection with the 2014 restructuring. (2) Following the adoption of IFRS 16 on January 1, 2019, part of the adjustments are recorded as amortization of right-of-use assets. **** *** ZIM