Grindrod Shipping Holdings Ltd. announced on February 17, 2022, the Board announced the appointment of Mr. Paul Charles Over, as a new non-independent, non-executive director to its board of directors (the “Board”), effective immediately. Mr. Over, who is British, is based in Hong Kong and has extensive experience in the shipping industry, holds non-executive director positions in Asia Maritime Pacific of Hong Kong, Taylor Maritime (HK) Ltd. as well as being a current member of the Owners Board of the UK P&I Club. Mr. Over will not be a member of any committees of the Board.

After the changes, the Board will consist of seven members, three of whom are independent directors, Mr. Michael Hankinson, Mr. John Herholdt and Mr. Quah Ban Huat. The two non-independent directors are Mr. Murray Grindrod and Mr. Paul Charles Over, with Mr. Martyn Wade and Mr. Stephen Griffiths as executive directors. Both the Audit and Risk Committee and the Compensation and Nomination Committee will remain entirely independent with an independent Chairman of each committee.