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:

28 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:

875,849

0.25%

337,595

0.09%

(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:

1,155,544

0.33%

360,926

0.10%

(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

110,309

48.6472 USD

common stock

Purchase

43,020

48.6857 USD

common stock

Purchase

25,663

48.6754 USD

common stock

Purchase

21,384

48.6689 USD

common stock

Purchase

19,363

48.7619 USD

common stock

Purchase

11,961

48.6554 USD

common stock

Purchase

11,199

48.7206 USD

common stock

Purchase

9,779

48.6469 USD

common stock

Purchase

9,425

48.6400 USD

common stock

Purchase

7,936

48.6485 USD

common stock

Purchase

6,770

48.7128 USD

common stock

Purchase

6,062

48.6599 USD

common stock

Purchase

3,038

48.7085 USD

common stock

Purchase

2,222

48.6399 USD

common stock

Purchase

1,757

48.7475 USD

common stock

Purchase

1,514

48.7413 USD

common stock

Purchase

1,355

48.7022 USD

common stock

Purchase

1,221

48.7548 USD

common stock

Purchase

1,212

48.7129 USD

common stock

Purchase

1,014

48.7415 USD

common stock

Purchase

903

48.7589 USD

common stock

Purchase

806

48.7355 USD

common stock

Purchase

759

48.7452 USD

common stock

Purchase

655

48.8138 USD

common stock

Purchase

502

48.7700 USD

common stock

Purchase

460

48.7191 USD

common stock

Purchase

456

48.5855 USD

common stock

Purchase

295

48.8600 USD

common stock

Purchase

205

48.6348 USD

common stock

Purchase

200

48.6700 USD

common stock

Purchase

136

48.6702 USD

common stock

Purchase

92

44.6400 EUR

common stock

Purchase

73

45.0000 EUR

common stock

Purchase

2

48.3000 USD

common stock

Sale

159,030

48.6676 USD

common stock

Sale

19,126

48.7184 USD

common stock

Sale

17,662

48.6400 USD

common stock

Sale

16,936

48.6438 USD

common stock

Sale

14,145

48.6653 USD

common stock

Sale

12,015

48.6238 USD

common stock

Sale

7,259

48.7771 USD

common stock

Sale

6,638

48.6609 USD

common stock

Sale

6,585

48.6710 USD

common stock

Sale

6,413

48.6454 USD

common stock

Sale

5,548

48.6669 USD

common stock

Sale

5,106

48.7326 USD

common stock

Sale

4,100

48.7363 USD

common stock

Sale

3,683

48.6967 USD

common stock

Sale

3,644

48.6836 USD

common stock

Sale

2,972

48.6678 USD

common stock

Sale

2,222

48.6399 USD

common stock

Sale

1,996

48.7273 USD

common stock

Sale

1,207

48.8237 USD

common stock

Sale

1,014

48.7415 USD

common stock

Sale

769

48.7518 USD

common stock

Sale

676

48.6830 USD

common stock

Sale

635

48.7528 USD

common stock

Sale

632

48.7930 USD

common stock

Sale

626

48.7432 USD

common stock

Sale

508

48.7044 USD

common stock

Sale

313

48.8200 USD

common stock

Sale

300

48.7666 USD

common stock

Sale

202

48.7695 USD

common stock

Sale

134

48.7995 USD

common stock

Sale

100

48.6900 USD

common stock

Sale

100

48.6300 USD

common stock

Sale

95

48.7018 USD

common stock

Sale

92

44.6400 EUR

common stock

Sale

73

45.0000 EUR

common stock

Sale

11

48.7536 USD

common stock

Sale

2

48.3000 USD

common stock

Sale

1

48.6200 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:

29 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213