STRICTLY CONFIDENTIALTaylor Maritime Investments LTD • September 30th, 2022 • Deep sea foreign transportation of freight • Delaware
Reference is made to the exclusivity agreement dated August 25, 2022 made between Taylor Maritime Investments Limited (“TMI”) and Grindrod Shipping Holdings Ltd. (the “Company”) (the “Exclusivity Agreement”) in connection with the potential acquisition by TMI (or a subsidiary or affiliate of it) of the shares in the entire issued and to be issued share capital of the Company not already owned by TMI or a subsidiary or affiliate thereof (the “Proposed Transaction”).
