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:

07 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:

858,595

0.25%

475,157

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:

1,148,421

0.33%

488,817

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

131,984

58.4100 USD

common stock

Purchase

87,077

58.4172 USD

common stock

Purchase

55,559

58.7617 USD

common stock

Purchase

30,211

58.4993 USD

common stock

Purchase

14,132

58.6110 USD

common stock

Purchase

11,604

58.5442 USD

common stock

Purchase

8,148

58.6815 USD

common stock

Purchase

6,143

58.6087 USD

common stock

Purchase

3,589

58.7038 USD

common stock

Purchase

3,578

58.8513 USD

common stock

Purchase

3,033

58.5376 USD

common stock

Purchase

2,535

58.8815 USD

common stock

Purchase

2,272

58.5470 USD

common stock

Purchase

2,182

58.5665 USD

common stock

Purchase

2,038

58.5827 USD

common stock

Purchase

1,718

58.5763 USD

common stock

Purchase

1,622

58.4837 USD

common stock

Purchase

1,614

58.7998 USD

common stock

Purchase

1,152

58.6854 USD

common stock

Purchase

1,059

58.5242 USD

common stock

Purchase

944

58.2948 USD

common stock

Purchase

715

58.6836 USD

common stock

Purchase

643

58.6852 USD

common stock

Purchase

517

58.7033 USD

common stock

Purchase

400

58.4200 USD

common stock

Purchase

326

58.5851 USD

common stock

Purchase

304

58.8152 USD

common stock

Purchase

201

58.5503 USD

common stock

Purchase

200

59.1350 USD

common stock

Purchase

200

58.5500 USD

common stock

Purchase

195

58.4098 USD

common stock

Purchase

185

58.6052 USD

common stock

Purchase

176

58.8790 USD

common stock

Purchase

160

58.8490 USD

common stock

Purchase

154

58.6602 USD

common stock

Purchase

145

58.6900 USD

common stock

Purchase

123

58.7175 USD

common stock

Purchase

106

58.9802 USD

common stock

Purchase

100

58.7950 USD

common stock

Purchase

99

58.7718 USD

common stock

Purchase

98

58.8879 USD

common stock

Purchase

86

58.5800 USD

common stock

Purchase

84

58.7600 USD

common stock

Purchase

64

58.8250 USD

common stock

Purchase

64

58.8925 USD

common stock

Purchase

64

58.8425 USD

common stock

Purchase

52

58.7034 USD

common stock

Purchase

48

58.8033 USD

common stock

Purchase

31

59.0383 USD

common stock

Purchase

17

54.4000 EUR

common stock

Purchase

16

58.6800 USD

common stock

Purchase

10

58.3800 USD

common stock

Purchase

5

58.7500 USD

common stock

Purchase

5

58.4000 USD

common stock

Purchase

5

58.6700 USD

common stock

Purchase

4

58.5350 USD

common stock

Purchase

1

58.5700 USD

common stock

Sale

253,131

58.4100 USD

common stock

Sale

68,567

58.4548 USD

common stock

Sale

37,567

58.4112 USD

common stock

Sale

19,284

58.7911 USD

common stock

Sale

17,605

58.7416 USD

common stock

Sale

15,026

58.5544 USD

common stock

Sale

14,882

58.6804 USD

common stock

Sale

11,026

58.4124 USD

common stock

Sale

8,161

58.6311 USD

common stock

Sale

7,556

58.7983 USD

common stock

Sale

7,449

58.5837 USD

common stock

Sale

6,296

58.8003 USD

common stock

Sale

6,002

58.5857 USD

common stock

Sale

5,200

58.8356 USD

common stock

Sale

4,245

58.4841 USD

common stock

Sale

3,140

58.4459 USD

common stock

Sale

2,272

58.5470 USD

common stock

Sale

1,157

58.3157 USD

common stock

Sale

1,034

58.9938 USD

common stock

Sale

1,025

58.8496 USD

common stock

Sale

1,000

58.9330 USD

common stock

Sale

735

58.8178 USD

common stock

Sale

551

58.5864 USD

common stock

Sale

460

58.7150 USD

common stock

Sale

412

58.5726 USD

common stock

Sale

350

58.6950 USD

common stock

Sale

181

58.4500 USD

common stock

Sale

176

58.6088 USD

common stock

Sale

105

58.9838 USD

common stock

Sale

105

58.4342 USD

common stock

Sale

105

58.4419 USD

common stock

Sale

103

58.5800 USD

common stock

Sale

100

59.1000 USD

common stock

Sale

100

58.4800 USD

common stock

Sale

100

58.8700 USD

common stock

Sale

100

58.5650 USD

common stock

Sale

99

58.8000 USD

common stock

Sale

40

58.8200 USD

common stock

Sale

17

54.4000 EUR

common stock

Sale

10

58.5160 USD

common stock

Sale

10

58.6700 USD

common stock

Sale

9

58.5344 USD

common stock

Sale

5

58.6940 USD

common stock

Sale

5

58.5100 USD

common stock

Sale

2

58.6000 USD

common stock

Sale

2

58.5350 USD

common stock

Sale

1

58.6050 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

Increasing Long

339

58.4074 USD

common stock

SWAP

Increasing Long

3,901

58.4075 USD

common stock

SWAP

Increasing Long

251

58.4090 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:

08 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213