Shareholders

Vitol is a leader in the energy sector, with clients including national oil companies, multinationals, leading industrial companies and utilities. They serve customers from over 40 offices around the world, trading and distributing energy safely and responsibly using their logistical expertise and infrastructure network.

It trades around 7.2 million barrels per day of crude oil and products, and charters over 6,000 ship voyages every year.

Founded in Rotterdam in 1966, deploying its scale and market understanding to help facilitate the energy transition. Their sustainable solutions leverage their financial strength and market expertise to build integrated sustainable energy solutions for their customers and business worldwide. To date, it has committed over $2.5 billion of capital to renewable power generation and sustainable energy solutions.

Vitol have been a 50% joint-shareholder of Cockett Group since 2012.

For more information visit www.vitol.com

Grindrod is a logistics services provider and is listed on the Johannesburg Stock Exchange (JSE), represented by subsidiaries, joint ventures and associated companies in 21 countries. They endeavor to provide the most cost-effective and efficient solution to move cargo across trade corridors - by road, rail, sea and air.

Established in 1910, it has diversified the business into providing freight solutions from point of origin to final destination.

Grindrod reported a resilient performance for 2024, and is well positioned to pursue growth in parallel with its optimisation workstream.

Grindrod first acquired a stake in Cockett Group in 2005 and since 2012 has been a 50/50 joint-shareholder.

For more information visit www.grindrod.com