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:

02 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:

892,185

0.26%

455,661

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

364,301

0.10%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,256,486

0.36%

455,661

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

54,973

48.2277 USD

common stock

Purchase

24,441

48.6483 USD

common stock

Purchase

21,873

48.3923 USD

common stock

Purchase

15,857

48.5087 USD

common stock

Purchase

12,749

48.6180 USD

common stock

Purchase

12,473

48.3287 USD

common stock

Purchase

10,873

48.5908 USD

common stock

Purchase

10,832

48.1100 USD

common stock

Purchase

8,807

48.6825 USD

common stock

Purchase

6,842

48.8183 USD

common stock

Purchase

4,609

48.4831 USD

common stock

Purchase

2,671

48.6168 USD

common stock

Purchase

2,405

49.0783 USD

common stock

Purchase

2,180

48.4906 USD

common stock

Purchase

1,432

48.8833 USD

common stock

Purchase

1,144

48.5989 USD

common stock

Purchase

1,128

48.6491 USD

common stock

Purchase

1,091

48.2186 USD

common stock

Purchase

1,022

48.3450 USD

common stock

Purchase

1,014

48.7024 USD

common stock

Purchase

846

48.1230 USD

common stock

Purchase

840

48.4931 USD

common stock

Purchase

659

48.5196 USD

common stock

Purchase

522

48.6329 USD

common stock

Purchase

465

48.8735 USD

common stock

Purchase

443

48.4631 USD

common stock

Purchase

430

48.7046 USD

common stock

Purchase

380

48.7838 USD

common stock

Purchase

357

48.6748 USD

common stock

Purchase

220

48.9081 USD

common stock

Purchase

218

48.1391 USD

common stock

Purchase

200

48.3200 USD

common stock

Purchase

182

48.4909 USD

common stock

Purchase

109

49.1240 USD

common stock

Purchase

100

49.1000 USD

common stock

Purchase

93

48.1200 USD

common stock

Purchase

40

48.7300 USD

common stock

Purchase

35

48.5850 USD

common stock

Purchase

35

48.4850 USD

common stock

Purchase

35

49.0000 USD

common stock

Purchase

19

48.6900 USD

common stock

Purchase

13

48.6219 USD

common stock

Purchase

1

48.3100 USD

common stock

Sale

54,818

48.4910 USD

common stock

Sale

29,925

48.1416 USD

common stock

Sale

20,362

48.4459 USD

common stock

Sale

13,935

48.5932 USD

common stock

Sale

11,384

48.7278 USD

common stock

Sale

10,592

48.1100 USD

common stock

Sale

7,113

48.6876 USD

common stock

Sale

6,870

48.3656 USD

common stock

Sale

6,052

48.2307 USD

common stock

Sale

5,846

48.5751 USD

common stock

Sale

5,723

48.1278 USD

common stock

Sale

4,200

48.3491 USD

common stock

Sale

3,740

48.3697 USD

common stock

Sale

3,421

48.9117 USD

common stock

Sale

3,300

48.7227 USD

common stock

Sale

2,738

48.5516 USD

common stock

Sale

1,992

48.1434 USD

common stock

Sale

1,825

48.3646 USD

common stock

Sale

1,694

48.4987 USD

common stock

Sale

1,200

48.5954 USD

common stock

Sale

1,134

48.8161 USD

common stock

Sale

1,100

49.0790 USD

common stock

Sale

846

48.1230 USD

common stock

Sale

793

48.4539 USD

common stock

Sale

622

48.7409 USD

common stock

Sale

605

49.0866 USD

common stock

Sale

592

48.4976 USD

common stock

Sale

564

48.6491 USD

common stock

Sale

506

48.9768 USD

common stock

Sale

500

48.1350 USD

common stock

Sale

497

48.6297 USD

common stock

Sale

465

48.8735 USD

common stock

Sale

400

48.3475 USD

common stock

Sale

365

48.6946 USD

common stock

Sale

348

48.6435 USD

common stock

Sale

300

48.4033 USD

common stock

Sale

200

49.0800 USD

common stock

Sale

200

49.0400 USD

common stock

Sale

200

49.1150 USD

common stock

Sale

100

49.1000 USD

common stock

Sale

100

48.1300 USD

common stock

Sale

100

48.1650 USD

common stock

Sale

100

49.0200 USD

common stock

Sale

100

48.2300 USD

common stock

Sale

96

48.6722 USD

common stock

Sale

70

48.5885 USD

common stock

Sale

70

48.4850 USD

common stock

Sale

67

48.7932 USD

common stock

Sale

65

48.7607 USD

common stock

Sale

60

48.6716 USD

common stock

Sale

60

48.6566 USD

common stock

Sale

50

48.6150 USD

common stock

Sale

48

48.6439 USD

common stock

Sale

33

48.4900 USD

common stock

Sale

26

48.3000 USD

common stock

Sale

20

48.6600 USD

common stock

Sale

20

49.0972 USD

common stock

Sale

10

48.8100 USD

common stock

Sale

10

48.7500 USD

common stock

Sale

10

48.7300 USD

common stock

Sale

1

48.3100 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:

03 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213