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 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:

888,608

0.26%

452,725

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

361,536

0.10%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,250,144

0.36%

452,725

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

54,753

47.9089 USD

common stock

Purchase

46,942

47.9115 USD

common stock

Purchase

45,266

47.9231 USD

common stock

Purchase

41,653

47.8985 USD

common stock

Purchase

37,616

47.8937 USD

common stock

Purchase

28,145

47.9248 USD

common stock

Purchase

20,394

47.8483 USD

common stock

Purchase

17,546

47.8731 USD

common stock

Purchase

12,887

47.8939 USD

common stock

Purchase

12,840

47.8453 USD

common stock

Purchase

10,867

47.8853 USD

common stock

Purchase

9,872

47.8893 USD

common stock

Purchase

7,711

47.9281 USD

common stock

Purchase

7,181

47.9588 USD

common stock

Purchase

6,448

47.9031 USD

common stock

Purchase

6,375

47.9136 USD

common stock

Purchase

5,735

47.9500 USD

common stock

Purchase

5,427

47.8587 USD

common stock

Purchase

4,325

47.8795 USD

common stock

Purchase

4,000

47.8892 USD

common stock

Purchase

3,473

47.8869 USD

common stock

Purchase

3,165

47.9508 USD

common stock

Purchase

3,154

47.9018 USD

common stock

Purchase

2,064

47.9489 USD

common stock

Purchase

1,777

47.8680 USD

common stock

Purchase

1,422

47.8547 USD

common stock

Purchase

1,416

47.8401 USD

common stock

Purchase

1,162

47.8733 USD

common stock

Purchase

798

47.8694 USD

common stock

Purchase

735

47.9442 USD

common stock

Purchase

359

47.8380 USD

common stock

Purchase

300

48.1000 USD

common stock

Purchase

288

47.9738 USD

common stock

Purchase

269

47.9600 USD

common stock

Purchase

261

47.6650 USD

common stock

Purchase

250

48.2094 USD

common stock

Purchase

221

47.8689 USD

common stock

Purchase

200

47.8500 USD

common stock

Purchase

200

47.8050 USD

common stock

Purchase

200

47.7100 USD

common stock

Purchase

200

47.8650 USD

common stock

Purchase

200

47.8750 USD

common stock

Purchase

169

47.9015 USD

common stock

Purchase

150

47.8600 USD

common stock

Purchase

127

47.9053 USD

common stock

Purchase

114

47.9071 USD

common stock

Purchase

100

47.7600 USD

common stock

Purchase

42

47.8900 USD

common stock

Purchase

16

47.8387 USD

common stock

Sale

71,680

47.9100 USD

common stock

Sale

66,081

47.8599 USD

common stock

Sale

60,458

47.8937 USD

common stock

Sale

41,071

47.9088 USD

common stock

Sale

28,210

47.9437 USD

common stock

Sale

27,029

47.8735 USD

common stock

Sale

15,684

47.9334 USD

common stock

Sale

13,171

47.9493 USD

common stock

Sale

12,365

47.9048 USD

common stock

Sale

8,600

47.8763 USD

common stock

Sale

7,450

47.9300 USD

common stock

Sale

7,013

47.9169 USD

common stock

Sale

5,218

47.8715 USD

common stock

Sale

4,431

47.9500 USD

common stock

Sale

4,288

47.8868 USD

common stock

Sale

3,680

47.8535 USD

common stock

Sale

3,316

47.9690 USD

common stock

Sale

3,165

47.9508 USD

common stock

Sale

3,116

47.8770 USD

common stock

Sale

3,045

47.9756 USD

common stock

Sale

2,064

47.9489 USD

common stock

Sale

1,926

47.9450 USD

common stock

Sale

830

47.9001 USD

common stock

Sale

798

47.8694 USD

common stock

Sale

789

47.8936 USD

common stock

Sale

706

47.9350 USD

common stock

Sale

685

47.8682 USD

common stock

Sale

500

47.9700 USD

common stock

Sale

500

48.0700 USD

common stock

Sale

452

47.9444 USD

common stock

Sale

443

47.8520 USD

common stock

Sale

405

47.8971 USD

common stock

Sale

400

47.8250 USD

common stock

Sale

394

47.8440 USD

common stock

Sale

369

47.8638 USD

common stock

Sale

310

47.7279 USD

common stock

Sale

300

47.9016 USD

common stock

Sale

286

47.9065 USD

common stock

Sale

281

47.8395 USD

common stock

Sale

272

47.8234 USD

common stock

Sale

271

47.9032 USD

common stock

Sale

264

47.9568 USD

common stock

Sale

250

48.2094 USD

common stock

Sale

205

47.9000 USD

common stock

Sale

187

47.8571 USD

common stock

Sale

169

47.9015 USD

common stock

Sale

127

47.8100 USD

common stock

Sale

101

47.8500 USD

common stock

Sale

100

47.9200 USD

common stock

Sale

100

48.1400 USD

common stock

Sale

87

47.6650 USD

common stock

Sale

37

47.8400 USD

common stock

Sale

34

47.9338 USD

common stock

Sale

20

47.8695 USD

common stock

Sale

15

47.8613 USD

common stock

Sale

11

47.7600 USD

common stock

Sale

4

47.8550 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

336

47.9510 USD

common stock

SWAP

Decreasing Long

2,429

47.9525 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:

04 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213