Grindrod Shipping Holdings Ltd. announced the following changes to executive management and Board of Directors. Effective from March 31, 2023, Mr. Stephen Griffiths will be retiring from the Company as Interim Chief Executive Officer after more than 13 years of service with Grindrod Shipping and its predecessors. Concurrently, the Board of Directors has appointed Mr. Edward Buttery as Chief Executive Officer, effective April 1, 2023.

Mr. Buttery will remain on the Board as an Executive Director but will relinquish his position as a Compensation and Nomination Committee member. Mr. Buttery is the Founder, Chief Executive Officer and Executive Director of Taylor and has extensive experience in the shipping and maritime finance fields over the last 17 years. Prior to Taylor, Mr. Buttery was a Chartering Manager at Pacific Basin, Deputy COO of Asia Maritime Pacific, and a member of the ship finance team at Nordea Bank.