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 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:

890,100

0.26%

443,737

0.13%

(2)

Cash-settled derivatives:

and/or controlled:

348,736

0.10%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,238,836

0.36%

443,737

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

210,394

47.3466 USD

common stock

Purchase

146,144

47.3100 USD

common stock

Purchase

128,500

47.4300 USD

common stock

Purchase

88,889

47.5623 USD

common stock

Purchase

53,432

47.5484 USD

common stock

Purchase

40,449

47.4203 USD

common stock

Purchase

38,339

47.4557 USD

common stock

Purchase

30,268

47.3926 USD

common stock

Purchase

29,843

47.3462 USD

common stock

Purchase

10,885

47.3630 USD

common stock

Purchase

10,558

47.3983 USD

common stock

Purchase

9,842

47.4432 USD

common stock

Purchase

7,504

47.6900 USD

common stock

Purchase

6,387

47.6901 USD

common stock

Purchase

5,910

47.4855 USD

common stock

Purchase

4,373

47.6700 USD

common stock

Purchase

3,750

47.5402 USD

common stock

Purchase

3,686

47.4729 USD

common stock

Purchase

2,700

47.3511 USD

common stock

Purchase

2,403

47.4617 USD

common stock

Purchase

2,236

47.4722 USD

common stock

Purchase

1,741

47.3285 USD

common stock

Purchase

1,484

47.4950 USD

common stock

Purchase

1,239

47.6461 USD

common stock

Purchase

1,190

47.5828 USD

common stock

Purchase

1,035

47.4985 USD

common stock

Purchase

1,026

47.4429 USD

common stock

Purchase

919

47.3628 USD

common stock

Purchase

908

47.3679 USD

common stock

Purchase

820

47.3636 USD

common stock

Purchase

700

47.3342 USD

common stock

Purchase

671

47.6071 USD

common stock

Purchase

509

47.4591 USD

common stock

Purchase

499

47.4663 USD

common stock

Purchase

401

47.4455 USD

common stock

Purchase

330

47.4684 USD

common stock

Purchase

322

47.3968 USD

common stock

Purchase

321

47.4373 USD

common stock

Purchase

278

47.3000 USD

common stock

Purchase

224

47.3444 USD

common stock

Purchase

200

47.2250 USD

common stock

Purchase

200

47.3600 USD

common stock

Purchase

159

47.4749 USD

common stock

Purchase

100

47.3350 USD

common stock

Purchase

90

43.2266 EUR

common stock

Purchase

15

47.3500 USD

common stock

Purchase

4

47.7100 USD

common stock

Purchase

3

47.3950 USD

common stock

Sale

210,394

47.3466 USD

common stock

Sale

146,144

47.3100 USD

common stock

Sale

128,500

47.4300 USD

common stock

Sale

76,402

47.4291 USD

common stock

Sale

31,269

47.3239 USD

common stock

Sale

30,058

47.5736 USD

common stock

Sale

28,231

47.6988 USD

common stock

Sale

25,654

47.5614 USD

common stock

Sale

21,691

47.6527 USD

common stock

Sale

20,418

47.5353 USD

common stock

Sale

17,175

47.2590 USD

common stock

Sale

10,703

47.6900 USD

common stock

Sale

9,846

47.5122 USD

common stock

Sale

9,842

47.4432 USD

common stock

Sale

9,166

47.4768 USD

common stock

Sale

6,900

47.3613 USD

common stock

Sale

6,387

47.6901 USD

common stock

Sale

5,693

47.4587 USD

common stock

Sale

4,799

47.6478 USD

common stock

Sale

4,589

47.4123 USD

common stock

Sale

4,471

47.4542 USD

common stock

Sale

4,165

47.3182 USD

common stock

Sale

3,827

47.3932 USD

common stock

Sale

3,769

47.4482 USD

common stock

Sale

3,428

47.3418 USD

common stock

Sale

3,347

47.4694 USD

common stock

Sale

2,314

47.2982 USD

common stock

Sale

1,951

47.4188 USD

common stock

Sale

1,834

47.4032 USD

common stock

Sale

1,698

47.4533 USD

common stock

Sale

1,533

47.4449 USD

common stock

Sale

1,336

47.4080 USD

common stock

Sale

1,310

47.3563 USD

common stock

Sale

1,114

47.4373 USD

common stock

Sale

992

47.5106 USD

common stock

Sale

800

47.2100 USD

common stock

Sale

713

47.4222 USD

common stock

Sale

604

47.3887 USD

common stock

Sale

499

47.4663 USD

common stock

Sale

485

47.5936 USD

common stock

Sale

400

47.7975 USD

common stock

Sale

370

47.3051 USD

common stock

Sale

328

47.4076 USD

common stock

Sale

322

47.3968 USD

common stock

Sale

316

47.4200 USD

common stock

Sale

308

47.7320 USD

common stock

Sale

305

47.2090 USD

common stock

Sale

280

47.2703 USD

common stock

Sale

252

47.4933 USD

common stock

Sale

204

47.4247 USD

common stock

Sale

200

47.4150 USD

common stock

Sale

194

47.6751 USD

common stock

Sale

180

47.4400 USD

common stock

Sale

178

47.2971 USD

common stock

Sale

163

47.2518 USD

common stock

Sale

100

47.3050 USD

common stock

Sale

100

47.7300 USD

common stock

Sale

90

43.2266 EUR

common stock

Sale

43

47.2200 USD

common stock

Sale

34

47.6730 USD

common stock

Sale

4

47.7100 USD

common stock

Sale

3

47.4900 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

7,700

47.3772 USD

common stock

SWAP

Decreasing Long

91

47.6909 USD

common stock

SWAP

Decreasing Long

366

47.6910 USD

common stock

SWAP

Decreasing Long

546

47.6924 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 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213