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:

03 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:

811,897

0.23%

535,065

0.15%

(2)

Cash-settled derivatives:

and/or controlled:

252,310

0.07%

44,055

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,064,207

0.31%

579,120

0.17%

(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

149,245

45.5873 USD

common stock

Purchase

59,431

45.2359 USD

common stock

Purchase

42,188

45.2436 USD

common stock

Purchase

32,976

45.3948 USD

common stock

Purchase

31,582

45.4382 USD

common stock

Purchase

21,774

45.1521 USD

common stock

Purchase

19,396

44.9703 USD

common stock

Purchase

16,455

45.0297 USD

common stock

Purchase

14,959

45.5500 USD

common stock

Purchase

13,398

44.9497 USD

common stock

Purchase

11,413

45.0172 USD

common stock

Purchase

7,365

45.1188 USD

common stock

Purchase

6,424

45.1050 USD

common stock

Purchase

5,365

45.2933 USD

common stock

Purchase

4,196

45.3380 USD

common stock

Purchase

2,788

44.8273 USD

common stock

Purchase

2,702

45.1376 USD

common stock

Purchase

2,655

45.0954 USD

common stock

Purchase

2,591

45.7406 USD

common stock

Purchase

2,561

44.8985 USD

common stock

Purchase

2,500

45.2915 USD

common stock

Purchase

2,306

45.1473 USD

common stock

Purchase

1,875

45.0857 USD

common stock

Purchase

1,814

44.7652 USD

common stock

Purchase

846

45.2393 USD

common stock

Purchase

700

45.1800 USD

common stock

Purchase

668

45.5082 USD

common stock

Purchase

609

45.1167 USD

common stock

Purchase

603

45.1903 USD

common stock

Purchase

509

45.0073 USD

common stock

Purchase

500

44.6400 USD

common stock

Purchase

458

45.1765 USD

common stock

Purchase

400

44.5775 USD

common stock

Purchase

400

44.6887 USD

common stock

Purchase

385

45.0090 USD

common stock

Purchase

340

44.7894 USD

common stock

Purchase

207

44.8797 USD

common stock

Purchase

200

44.9625 USD

common stock

Purchase

200

44.8250 USD

common stock

Purchase

191

44.9313 USD

common stock

Purchase

182

44.8492 USD

common stock

Purchase

163

45.5259 USD

common stock

Purchase

138

44.8026 USD

common stock

Purchase

118

44.5700 USD

common stock

Purchase

100

44.5800 USD

common stock

Purchase

39

44.7807 USD

common stock

Purchase

7

45.5900 USD

common stock

Purchase

2

44.6800 USD

common stock

Purchase

2

44.6000 USD

common stock

Sale

86,876

45.5947 USD

common stock

Sale

76,158

45.2551 USD

common stock

Sale

58,531

45.2311 USD

common stock

Sale

55,537

45.4998 USD

common stock

Sale

21,774

45.1521 USD

common stock

Sale

17,601

45.2908 USD

common stock

Sale

15,122

44.8952 USD

common stock

Sale

14,569

45.5500 USD

common stock

Sale

13,660

45.4956 USD

common stock

Sale

10,163

45.2069 USD

common stock

Sale

8,805

45.1354 USD

common stock

Sale

8,058

45.1899 USD

common stock

Sale

7,059

44.8090 USD

common stock

Sale

4,919

45.8099 USD

common stock

Sale

4,087

45.7822 USD

common stock

Sale

3,300

44.5401 USD

common stock

Sale

2,696

45.1325 USD

common stock

Sale

2,500

45.2915 USD

common stock

Sale

1,921

45.5898 USD

common stock

Sale

1,806

45.0942 USD

common stock

Sale

1,695

44.5604 USD

common stock

Sale

1,648

45.6123 USD

common stock

Sale

1,555

45.2012 USD

common stock

Sale

1,419

44.6283 USD

common stock

Sale

846

45.2393 USD

common stock

Sale

700

44.5350 USD

common stock

Sale

700

44.6471 USD

common stock

Sale

668

45.5082 USD

common stock

Sale

600

45.7666 USD

common stock

Sale

500

44.6400 USD

common stock

Sale

420

45.2223 USD

common stock

Sale

344

45.7673 USD

common stock

Sale

340

44.7894 USD

common stock

Sale

300

45.7766 USD

common stock

Sale

300

45.4833 USD

common stock

Sale

272

44.9042 USD

common stock

Sale

214

45.0200 USD

common stock

Sale

200

45.7850 USD

common stock

Sale

200

44.7850 USD

common stock

Sale

200

45.7500 USD

common stock

Sale

200

44.9625 USD

common stock

Sale

163

45.5259 USD

common stock

Sale

100

45.8600 USD

common stock

Sale

100

44.4700 USD

common stock

Sale

98

45.7900 USD

common stock

Sale

81

44.7900 USD

common stock

Sale

46

45.5100 USD

common stock

Sale

38

44.6700 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:

04 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213