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:

17 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:

866,113

0.25%

386,692

0.11%

(2)

Cash-settled derivatives:

and/or controlled:

286,750

0.08%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,152,863

0.33%

386,692

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

101,874

47.1405 USD

common stock

Purchase

82,786

46.6300 USD

common stock

Purchase

57,798

46.7458 USD

common stock

Purchase

51,745

46.7938 USD

common stock

Purchase

39,620

46.8133 USD

common stock

Purchase

23,903

47.0827 USD

common stock

Purchase

23,062

47.0274 USD

common stock

Purchase

13,844

47.3000 USD

common stock

Purchase

10,000

47.1267 USD

common stock

Purchase

7,666

46.7129 USD

common stock

Purchase

7,231

46.8464 USD

common stock

Purchase

6,754

47.0194 USD

common stock

Purchase

5,721

46.6301 USD

common stock

Purchase

4,209

46.7874 USD

common stock

Purchase

3,193

46.6316 USD

common stock

Purchase

1,496

46.7977 USD

common stock

Purchase

1,028

47.3967 USD

common stock

Purchase

969

46.7668 USD

common stock

Purchase

800

46.5000 USD

common stock

Purchase

657

46.8931 USD

common stock

Purchase

599

46.6364 USD

common stock

Purchase

591

46.6856 USD

common stock

Purchase

542

47.3700 USD

common stock

Purchase

500

46.8235 USD

common stock

Purchase

280

46.7233 USD

common stock

Purchase

200

46.5200 USD

common stock

Purchase

200

46.4300 USD

common stock

Purchase

200

46.5100 USD

common stock

Purchase

182

47.0342 USD

common stock

Purchase

145

46.6400 USD

common stock

Purchase

120

46.5500 USD

common stock

Purchase

104

46.6755 USD

common stock

Purchase

100

46.4150 USD

common stock

Purchase

63

46.6200 USD

common stock

Purchase

48

46.4200 USD

common stock

Purchase

13

43.6300 EUR

common stock

Purchase

11

43.6100 EUR

common stock

Sale

106,987

46.7111 USD

common stock

Sale

86,864

46.6370 USD

common stock

Sale

57,266

47.1696 USD

common stock

Sale

19,717

46.9310 USD

common stock

Sale

16,147

47.0994 USD

common stock

Sale

15,141

46.7583 USD

common stock

Sale

13,844

47.3000 USD

common stock

Sale

10,215

47.0962 USD

common stock

Sale

10,000

47.1267 USD

common stock

Sale

9,106

46.8094 USD

common stock

Sale

8,523

47.2967 USD

common stock

Sale

8,069

47.0278 USD

common stock

Sale

7,369

47.2850 USD

common stock

Sale

7,313

46.9024 USD

common stock

Sale

6,954

47.0095 USD

common stock

Sale

6,880

47.0051 USD

common stock

Sale

4,681

47.1450 USD

common stock

Sale

4,662

47.1176 USD

common stock

Sale

4,555

46.6300 USD

common stock

Sale

3,830

46.8030 USD

common stock

Sale

3,656

47.2467 USD

common stock

Sale

3,193

46.6316 USD

common stock

Sale

3,120

46.7861 USD

common stock

Sale

2,936

47.3625 USD

common stock

Sale

2,632

46.6301 USD

common stock

Sale

2,625

46.9090 USD

common stock

Sale

2,073

46.8723 USD

common stock

Sale

2,045

46.9169 USD

common stock

Sale

2,000

46.7935 USD

common stock

Sale

1,900

50.0000 USD

common stock

Sale

1,610

47.0213 USD

common stock

Sale

1,569

46.6302 USD

common stock

Sale

1,199

47.3191 USD

common stock

Sale

1,100

46.8327 USD

common stock

Sale

1,042

47.3700 USD

common stock

Sale

1,028

47.3967 USD

common stock

Sale

994

47.3456 USD

common stock

Sale

868

46.7178 USD

common stock

Sale

767

47.0415 USD

common stock

Sale

700

46.6928 USD

common stock

Sale

695

47.3965 USD

common stock

Sale

657

46.8931 USD

common stock

Sale

547

47.1580 USD

common stock

Sale

500

46.8235 USD

common stock

Sale

463

46.9271 USD

common stock

Sale

432

46.9709 USD

common stock

Sale

286

46.7566 USD

common stock

Sale

200

46.5000 USD

common stock

Sale

200

46.9050 USD

common stock

Sale

200

46.6250 USD

common stock

Sale

200

47.5000 USD

common stock

Sale

155

47.3687 USD

common stock

Sale

150

46.6500 USD

common stock

Sale

101

47.1885 USD

common stock

Sale

100

46.4350 USD

common stock

Sale

100

47.0900 USD

common stock

Sale

100

47.3200 USD

common stock

Sale

51

47.3151 USD

common stock

Sale

48

46.4200 USD

common stock

Sale

24

47.3100 USD

common stock

Sale

13

43.6300 EUR

common stock

Sale

11

43.6100 EUR

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

common stock

SWAP

Decreasing Long

1,897

46.6324 USD

common stock

SWAP

Decreasing Long

1,131

46.6325 USD

(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:

18 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213