Form 8.3 - INTERNATIONAL PAPER COMPANY

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Full name of discloser:

Barclays PLC.

(b)

Owner or controller of interest and short

positions disclosed, if different from 1(a):

(c)

Name of offeror/offeree in relation to whose

INTERNATIONAL PAPER COMPANY

relevant securities this form relates:

(d)

If an exempt fund manager connected with an

offeror/offeree, state this and specify identity of

offeror/offeree:

(e)

Date position held/dealing undertaken:

06 Jun 2024

(f)

In addition to the company in 1(c) above, is the discloser making

YES:

disclosures in respect of any other party to the offer?

DS SMITH PLC

2.

POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a)

Interests and short positions in the relevant securities of the offeror or offeree

to which the disclosure relates following the dealing(if any)

Class of relevant security:

common stock

Interests

Short Positions

Number

(%)

Number

(%)

(1)

Relevant securities owned

and/or controlled:

869,273

0.25%

444,638

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

125,920

0.04%

48,060

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

995,193

0.29%

492,698

0.14%

(b)

Rights to subscribe for new securities (including directors and other executive

options)

Class of relevant security in relation to

which subscription right exists

Details, including nature of the rights

concerned and relevant percentages:

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchases and sales

Class of relevant

Purchase/sale

Number of

Price per unit

security

securities

common stock

Purchase

133,304

44.2793 USD

common stock

Purchase

126,998

44.4036 USD

common stock

Purchase

96,475

44.3298 USD

common stock

Purchase

81,367

44.2901 USD

common stock

Purchase

54,380

44.3389 USD

common stock

Purchase

32,125

44.2538 USD

common stock

Purchase

31,189

44.3916 USD

common stock

Purchase

30,083

44.2181 USD

common stock

Purchase

26,535

44.3900 USD

common stock

Purchase

22,596

44.1870 USD

common stock

Purchase

14,288

44.3317 USD

common stock

Purchase

11,477

44.1809 USD

common stock

Purchase

10,675

44.3981 USD

common stock

Purchase

8,970

44.1811 USD

common stock

Purchase

8,761

44.2517 USD

common stock

Purchase

7,487

44.2575 USD

common stock

Purchase

7,268

44.1133 USD

common stock

Purchase

4,168

44.4300 USD

common stock

Purchase

3,420

44.4393 USD

common stock

Purchase

2,968

44.3380 USD

common stock

Purchase

2,936

44.4500 USD

common stock

Purchase

2,934

44.2211 USD

common stock

Purchase

2,273

44.2650 USD

common stock

Purchase

2,133

44.2287 USD

common stock

Purchase

1,603

44.2915 USD

common stock

Purchase

1,417

44.0300 USD

common stock

Purchase

1,394

44.2964 USD

common stock

Purchase

1,325

44.2460 USD

common stock

Purchase

1,299

44.2998 USD

common stock

Purchase

1,187

44.3629 USD

common stock

Purchase

1,000

44.3667 USD

common stock

Purchase

923

44.4418 USD

common stock

Purchase

800

44.2012 USD

common stock

Purchase

654

44.3866 USD

common stock

Purchase

508

44.4574 USD

common stock

Purchase

500

44.2780 USD

common stock

Purchase

442

44.1439 USD

common stock

Purchase

370

44.3037 USD

common stock

Purchase

320

44.4067 USD

common stock

Purchase

308

44.4163 USD

common stock

Purchase

303

44.2639 USD

common stock

Purchase

200

44.4000 USD

common stock

Purchase

200

44.1900 USD

common stock

Purchase

200

44.0600 USD

common stock

Purchase

100

44.4800 USD

common stock

Purchase

100

44.3400 USD

common stock

Purchase

100

44.2600 USD

common stock

Purchase

100

44.0000 USD

common stock

Purchase

25

44.1988 USD

common stock

Purchase

21

44.4023 USD

common stock

Purchase

15

44.1600 USD

common stock

Purchase

8

44.1687 USD

common stock

Purchase

5

44.1300 USD

common stock

Sale

144,103

44.2849 USD

common stock

Sale

98,536

44.3264 USD

common stock

Sale

80,549

44.4100 USD

common stock

Sale

79,853

44.2885 USD

common stock

Sale

64,350

44.4000 USD

common stock

Sale

54,380

44.3389 USD

common stock

Sale

43,430

44.1287 USD

common stock

Sale

33,805

44.3549 USD

common stock

Sale

20,327

44.3914 USD

common stock

Sale

14,768

44.2564 USD

common stock

Sale

14,472

44.3125 USD

common stock

Sale

12,490

44.3940 USD

common stock

Sale

12,461

44.4300 USD

common stock

Sale

10,675

44.3981 USD

common stock

Sale

9,861

44.3875 USD

common stock

Sale

8,956

44.3672 USD

common stock

Sale

8,216

44.3700 USD

common stock

Sale

6,211

44.1592 USD

common stock

Sale

5,812

44.3395 USD

common stock

Sale

4,450

44.2358 USD

common stock

Sale

3,703

44.2044 USD

common stock

Sale

2,700

44.1522 USD

common stock

Sale

2,336

44.2060 USD

common stock

Sale

2,258

44.4528 USD

common stock

Sale

1,912

44.2214 USD

common stock

Sale

1,532

44.1775 USD

common stock

Sale

1,514

44.3744 USD

common stock

Sale

1,393

44.3100 USD

common stock

Sale

1,000

44.3667 USD

common stock

Sale

907

44.2210 USD

common stock

Sale

905

44.2500 USD

common stock

Sale

700

44.4235 USD

common stock

Sale

649

44.4689 USD

common stock

Sale

610

44.1877 USD

common stock

Sale

527

44.2048 USD

common stock

Sale

508

44.4574 USD

common stock

Sale

505

44.1994 USD

common stock

Sale

504

44.3565 USD

common stock

Sale

492

44.3628 USD

common stock

Sale

462

44.1400 USD

common stock

Sale

423

44.3560 USD

common stock

Sale

418

44.2374 USD

common stock

Sale

407

44.3317 USD

common stock

Sale

400

44.2512 USD

common stock

Sale

347

44.4779 USD

common stock

Sale

338

44.4384 USD

common stock

Sale

320

44.4067 USD

common stock

Sale

300

44.4766 USD

common stock

Sale

300

44.4800 USD

common stock

Sale

233

44.3400 USD

common stock

Sale

162

44.4589 USD

common stock

Sale

102

44.0300 USD

common stock

Sale

100

44.2600 USD

common stock

Sale

91

44.4400 USD

common stock

Sale

70

44.6412 USD

common stock

Sale

66

44.6000 USD

common stock

Sale

59

44.2200 USD

common stock

Sale

41

44.1712 USD

common stock

Sale

25

44.1988 USD

common stock

Sale

21

44.4023 USD

common stock

Sale

19

44.0200 USD

common stock

Sale

15

44.1600 USD

common stock

Sale

8

44.1687 USD

common stock

Sale

5

44.1300 USD

common stock

Sale

2

44.2400 USD

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

(c)

Stock-settled derivative transactions (including options)

(i)

Writing, selling, purchasing or varying

Class

Product

Writing,

Number

Exercise

Type

Expiry

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

relates

(ii)

Exercising

Class of relevant

Product description

Exercising/ exercised against

Number of

Exercise price per

security

securities

unit

(d)

Other dealings (including subscribing for new securities)

Class of relevant

Nature of Dealings

Details

Price per unit (if

security

applicable)

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

formal or informal, relating to relevant securities which may be an inducement to deal

or refrain from dealing entered into by the exempt principal trader making the disclosure and any party

to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights of future acquisition or disposal of any relevant securities to which

any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

07 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213