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:

08 Nov 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:

853,591

0.25%

475,266

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

289,826

0.08%

13,660

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,143,417

0.33%

488,926

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

216,326

57.4574 USD

common stock

Purchase

63,445

57.4034 USD

common stock

Purchase

62,554

57.3800 USD

common stock

Purchase

40,949

57.7972 USD

common stock

Purchase

33,228

58.0485 USD

common stock

Purchase

16,022

57.7329 USD

common stock

Purchase

11,942

57.7499 USD

common stock

Purchase

9,071

58.4224 USD

common stock

Purchase

5,979

57.8116 USD

common stock

Purchase

5,767

57.3806 USD

common stock

Purchase

4,738

57.9364 USD

common stock

Purchase

4,702

58.4226 USD

common stock

Purchase

3,978

58.0315 USD

common stock

Purchase

2,899

57.5011 USD

common stock

Purchase

1,608

58.1550 USD

common stock

Purchase

1,476

58.4154 USD

common stock

Purchase

1,300

57.6969 USD

common stock

Purchase

1,024

58.4055 USD

common stock

Purchase

845

58.3618 USD

common stock

Purchase

782

57.5675 USD

common stock

Purchase

763

57.4056 USD

common stock

Purchase

613

58.5147 USD

common stock

Purchase

601

57.4994 USD

common stock

Purchase

475

57.5271 USD

common stock

Purchase

401

57.5049 USD

common stock

Purchase

209

57.5000 USD

common stock

Purchase

206

58.4456 USD

common stock

Purchase

122

57.5382 USD

common stock

Purchase

100

58.0800 USD

common stock

Purchase

100

58.4400 USD

common stock

Purchase

100

58.5800 USD

common stock

Purchase

95

58.1400 USD

common stock

Purchase

95

58.1000 USD

common stock

Purchase

78

57.8502 USD

common stock

Purchase

42

57.7133 USD

common stock

Purchase

28

57.8350 USD

common stock

Purchase

28

57.8475 USD

common stock

Purchase

17

58.2400 USD

common stock

Purchase

16

57.9950 USD

common stock

Purchase

14

57.8650 USD

common stock

Purchase

14

57.8550 USD

common stock

Purchase

9

57.9900 USD

common stock

Purchase

8

58.2500 USD

common stock

Purchase

5

58.0540 USD

common stock

Purchase

5

58.3200 USD

common stock

Purchase

4

58.1700 USD

common stock

Purchase

2

57.7275 USD

common stock

Purchase

1

57.8600 USD

common stock

Sale

265,785

57.5339 USD

common stock

Sale

63,755

57.5012 USD

common stock

Sale

52,336

57.3801 USD

common stock

Sale

20,099

57.9952 USD

common stock

Sale

14,897

57.3800 USD

common stock

Sale

10,965

57.5083 USD

common stock

Sale

10,826

57.4113 USD

common stock

Sale

9,887

57.6284 USD

common stock

Sale

9,071

58.4225 USD

common stock

Sale

8,639

58.4228 USD

common stock

Sale

5,767

57.3806 USD

common stock

Sale

4,801

57.7924 USD

common stock

Sale

3,269

58.0281 USD

common stock

Sale

2,470

57.9231 USD

common stock

Sale

2,168

57.9592 USD

common stock

Sale

1,682

57.9461 USD

common stock

Sale

1,655

58.0752 USD

common stock

Sale

1,386

57.6804 USD

common stock

Sale

1,242

57.6670 USD

common stock

Sale

888

58.2739 USD

common stock

Sale

777

57.4298 USD

common stock

Sale

763

57.4056 USD

common stock

Sale

558

57.5200 USD

common stock

Sale

508

57.5956 USD

common stock

Sale

485

57.9692 USD

common stock

Sale

442

58.4362 USD

common stock

Sale

440

58.0359 USD

common stock

Sale

432

58.4157 USD

common stock

Sale

264

58.4262 USD

common stock

Sale

210

57.9050 USD

common stock

Sale

198

58.0235 USD

common stock

Sale

190

58.1400 USD

common stock

Sale

153

57.9200 USD

common stock

Sale

130

57.8630 USD

common stock

Sale

113

57.9051 USD

common stock

Sale

100

58.3200 USD

common stock

Sale

100

58.4400 USD

common stock

Sale

100

57.7700 USD

common stock

Sale

100

57.4700 USD

common stock

Sale

42

57.7133 USD

common stock

Sale

34

57.3600 USD

common stock

Sale

31

57.8038 USD

common stock

Sale

30

58.1596 USD

common stock

Sale

29

57.6251 USD

common stock

Sale

25

57.7420 USD

common stock

Sale

25

57.8800 USD

common stock

Sale

20

57.9250 USD

common stock

Sale

6

58.1600 USD

common stock

Sale

6

57.7033 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:

11 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213