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:

05 Sep 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:

841,662

0.24%

462,403

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

363,783

0.10%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,205,445

0.35%

462,403

0.13%

(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

62,577

47.4446 USD

common stock

Purchase

44,036

47.3661 USD

common stock

Purchase

37,073

47.2451 USD

common stock

Purchase

34,192

47.2151 USD

common stock

Purchase

18,397

47.2196 USD

common stock

Purchase

15,685

47.2348 USD

common stock

Purchase

15,397

47.5200 USD

common stock

Purchase

14,440

47.2060 USD

common stock

Purchase

14,107

47.2660 USD

common stock

Purchase

12,234

47.1609 USD

common stock

Purchase

11,802

47.2904 USD

common stock

Purchase

11,114

47.5197 USD

common stock

Purchase

10,024

47.2344 USD

common stock

Purchase

8,390

47.2215 USD

common stock

Purchase

5,625

47.3895 USD

common stock

Purchase

5,449

47.1822 USD

common stock

Purchase

4,588

47.1078 USD

common stock

Purchase

4,274

47.2255 USD

common stock

Purchase

2,178

47.1207 USD

common stock

Purchase

1,300

47.2200 USD

common stock

Purchase

1,088

47.3434 USD

common stock

Purchase

977

47.4705 USD

common stock

Purchase

928

47.1290 USD

common stock

Purchase

900

47.1366 USD

common stock

Purchase

898

47.4712 USD

common stock

Purchase

810

47.1801 USD

common stock

Purchase

700

47.2557 USD

common stock

Purchase

700

47.4100 USD

common stock

Purchase

500

47.0880 USD

common stock

Purchase

400

47.1500 USD

common stock

Purchase

300

47.2166 USD

common stock

Purchase

285

47.0066 USD

common stock

Purchase

245

47.1211 USD

common stock

Purchase

218

47.1104 USD

common stock

Purchase

200

47.2600 USD

common stock

Purchase

155

47.2341 USD

common stock

Purchase

138

47.3220 USD

common stock

Purchase

100

47.0600 USD

common stock

Purchase

100

46.9500 USD

common stock

Purchase

100

47.1600 USD

common stock

Purchase

96

47.2300 USD

common stock

Purchase

74

47.0050 USD

common stock

Purchase

40

47.0950 USD

common stock

Purchase

23

46.9350 USD

common stock

Purchase

4

47.5600 USD

common stock

Sale

106,111

47.2067 USD

common stock

Sale

90,423

47.2962 USD

common stock

Sale

42,592

47.4907 USD

common stock

Sale

19,408

47.5200 USD

common stock

Sale

16,785

47.2906 USD

common stock

Sale

11,202

47.2031 USD

common stock

Sale

10,577

47.2902 USD

common stock

Sale

10,572

47.3488 USD

common stock

Sale

4,900

47.1855 USD

common stock

Sale

4,110

47.2673 USD

common stock

Sale

2,989

47.4063 USD

common stock

Sale

2,938

47.4153 USD

common stock

Sale

1,926

47.3518 USD

common stock

Sale

1,850

47.1233 USD

common stock

Sale

1,300

47.2200 USD

common stock

Sale

1,295

47.2973 USD

common stock

Sale

1,183

47.3023 USD

common stock

Sale

970

47.4724 USD

common stock

Sale

898

47.4712 USD

common stock

Sale

714

47.3708 USD

common stock

Sale

710

47.3011 USD

common stock

Sale

700

47.4100 USD

common stock

Sale

229

47.6000 USD

common stock

Sale

200

47.2350 USD

common stock

Sale

178

47.2663 USD

common stock

Sale

169

47.4756 USD

common stock

Sale

138

47.3220 USD

common stock

Sale

96

47.2300 USD

common stock

Sale

74

47.0050 USD

common stock

Sale

40

47.0950 USD

common stock

Sale

32

47.4350 USD

common stock

Sale

7

47.2050 USD

common stock

Sale

5

47.0600 USD

common stock

Sale

2

46.8100 USD

(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

3,871

47.5225 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:

06 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213