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:

25 Oct 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:

894,581

0.26%

352,145

0.10%

(2)

Cash-settled derivatives:

and/or controlled:

279,695

0.08%

23,331

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,174,276

0.34%

375,476

0.11%

(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

104,203

48.5496 USD

common stock

Purchase

25,881

48.5707 USD

common stock

Purchase

17,272

48.5820 USD

common stock

Purchase

11,018

48.6219 USD

common stock

Purchase

8,960

48.5700 USD

common stock

Purchase

8,950

48.5349 USD

common stock

Purchase

7,775

48.6600 USD

common stock

Purchase

5,070

48.5715 USD

common stock

Purchase

4,826

48.5359 USD

common stock

Purchase

3,875

48.5476 USD

common stock

Purchase

3,360

48.6573 USD

common stock

Purchase

2,622

48.5292 USD

common stock

Purchase

2,198

48.5945 USD

common stock

Purchase

1,028

48.5365 USD

common stock

Purchase

942

48.7397 USD

common stock

Purchase

658

48.6384 USD

common stock

Purchase

381

48.5443 USD

common stock

Purchase

369

48.5404 USD

common stock

Purchase

260

48.6261 USD

common stock

Purchase

235

48.6706 USD

common stock

Purchase

225

48.6800 USD

common stock

Purchase

214

48.6646 USD

common stock

Purchase

205

48.5635 USD

common stock

Purchase

185

48.5546 USD

common stock

Purchase

161

48.5846 USD

common stock

Purchase

139

48.6559 USD

common stock

Purchase

119

48.5737 USD

common stock

Purchase

111

48.6456 USD

common stock

Purchase

111

48.5800 USD

common stock

Purchase

101

48.6300 USD

common stock

Purchase

100

48.5500 USD

common stock

Purchase

100

48.6900 USD

common stock

Purchase

85

48.6000 USD

common stock

Purchase

64

48.5465 USD

common stock

Purchase

56

48.6278 USD

common stock

Purchase

46

48.6017 USD

common stock

Purchase

46

48.6080 USD

common stock

Purchase

42

48.5661 USD

common stock

Purchase

41

48.5795 USD

common stock

Purchase

26

48.5780 USD

common stock

Purchase

22

48.5890 USD

common stock

Purchase

22

48.5640 USD

common stock

Purchase

11

48.6100 USD

common stock

Sale

51,256

48.5658 USD

common stock

Sale

27,333

48.5302 USD

common stock

Sale

17,959

48.6182 USD

common stock

Sale

17,682

48.5673 USD

common stock

Sale

12,847

48.5784 USD

common stock

Sale

11,535

48.5700 USD

common stock

Sale

10,085

48.5295 USD

common stock

Sale

8,498

48.6313 USD

common stock

Sale

7,469

48.5404 USD

common stock

Sale

6,488

48.6053 USD

common stock

Sale

5,070

48.5715 USD

common stock

Sale

4,648

48.5234 USD

common stock

Sale

3,100

48.5422 USD

common stock

Sale

3,010

48.5603 USD

common stock

Sale

2,748

48.5665 USD

common stock

Sale

2,630

48.5040 USD

common stock

Sale

2,176

48.5107 USD

common stock

Sale

1,895

48.6287 USD

common stock

Sale

1,252

48.4977 USD

common stock

Sale

1,070

48.5589 USD

common stock

Sale

1,001

48.5282 USD

common stock

Sale

749

48.5009 USD

common stock

Sale

707

48.5056 USD

common stock

Sale

694

48.5704 USD

common stock

Sale

658

48.5605 USD

common stock

Sale

606

48.6405 USD

common stock

Sale

591

48.5530 USD

common stock

Sale

524

48.7349 USD

common stock

Sale

438

48.5888 USD

common stock

Sale

431

48.6830 USD

common stock

Sale

401

48.5606 USD

common stock

Sale

344

48.6090 USD

common stock

Sale

300

48.6533 USD

common stock

Sale

279

48.6321 USD

common stock

Sale

275

48.6809 USD

common stock

Sale

255

48.4521 USD

common stock

Sale

208

48.6537 USD

common stock

Sale

200

48.5450 USD

common stock

Sale

200

48.5550 USD

common stock

Sale

200

48.5850 USD

common stock

Sale

170

48.6000 USD

common stock

Sale

148

48.5050 USD

common stock

Sale

122

48.5000 USD

common stock

Sale

117

48.7564 USD

common stock

Sale

100

48.5500 USD

common stock

Sale

67

48.5041 USD

common stock

Sale

40

48.4500 USD

common stock

Sale

24

48.5308 USD

common stock

Sale

9

48.6244 USD

common stock

Sale

8

48.7500 USD

common stock

Sale

5

48.4700 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:

28 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213