Enhanced Investments - Financial Portal

Grindrod Shipping Holdings Ltd. Announces Disclosure Update

Published: 2023-10-20 14:00:27 ET

GRINDROD SHIPPING HOLDINGS LTD.
ABBREVIATED NAME: GRINSHIP
Registered in Singapore with registration number 201731497H
JSE Share code: GSH
ISIN: SG9999019087
Primary listing on NASDAQ Global Select Market
Secondary listing on the JSE Main Board

Grindrod Shipping Holdings Ltd. Announces Disclosure Update

On 20 October 2023, Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or
"Company" or “we” or “us” or “our”), a global provider of maritime transportation services predominantly
in the drybulk sector, provided the following update.

As previously announced, Taylor Maritime Investments Limited (LON: TMI) (“TMI”), through a wholly-owned
subsidiary, has acquired approximately 83.23% of the outstanding shares of Grindrod Shipping Holdings Ltd.
(NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping”). TMI publishes from time to time annual and quarterly
financial information as well as other important information concerning its business on the London Stock
Exchange website, TMI’s website (https://taylormaritimeinvestments.com) and elsewhere. Such information
may include financial and other information concerning Grindrod Shipping.

For example, today, TMI published its sustainability report for 2023 (the “Report”) on the London Stock
Exchange and its website which included information regarding Grindrod Shipping. The Report is compiled
based on guidance from the Task Force on Climate-Related Financial Disclosure, the Global Reporting
Initiative Standards and Sustainability Accounting Reporting Board for marine transportation with focus on six
key areas, consisting of climate change and environmental management, health, safety and development,
community engagement, compliance and conduct, strong corporate governance and responsible investment.
Such information is not included as part of, or incorporated by reference in, this 6-K or any of Grindrod
Shipping’s public filings or press releases.

About Grindrod Shipping

Grindrod Shipping predominantly owns and operates a diversified fleet of owned and long-term and short-
term chartered-in drybulk vessels. The drybulk business, which operates under the brand “Island View
Shipping” (“IVS”) includes a core fleet of handysize and supramax/ultramax drybulk carriers. The Company is
based in Singapore, with offices in London, Durban, Tokyo and Rotterdam. Grindrod Shipping is listed on
NASDAQ under the ticker “GRIN” and on the JSE under the ticker “GSH”.
Company Contact: Investor Relations / Media Contact:
Edward Buttery
CEO
Grindrod Shipping Holdings Ltd. Grindrod Shipping Holdings Ltd.
1 Temasek Avenue, #10-02 Millenia Tower 1 Temasek Avenue, #10-02 Millenia Tower
Singapore, 039192 Singapore, 039192
Email: ir@grindrodshipping.com Email: ir@grindrodshipping.com
Website: www.grinshipping.com Website: www.grinshipping.com

By order of the Board
20 October 2023
Sponsor: Grindrod Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.