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 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:

863,418

0.25%

427,164

0.12%

(2)

Cash-settled derivatives:

and/or controlled:

332,163

0.10%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,195,581

0.34%

427,164

0.12%

(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

231,300

47.1947 USD

common stock

Purchase

66,573

47.3332 USD

common stock

Purchase

37,016

47.3402 USD

common stock

Purchase

33,647

47.3406 USD

common stock

Purchase

23,538

47.4352 USD

common stock

Purchase

22,493

47.3712 USD

common stock

Purchase

16,293

47.2844 USD

common stock

Purchase

14,498

47.3783 USD

common stock

Purchase

12,143

47.3885 USD

common stock

Purchase

10,175

47.4837 USD

common stock

Purchase

9,539

47.0102 USD

common stock

Purchase

9,492

47.3250 USD

common stock

Purchase

8,752

47.3955 USD

common stock

Purchase

8,711

47.4541 USD

common stock

Purchase

7,763

47.4035 USD

common stock

Purchase

4,191

47.2445 USD

common stock

Purchase

3,618

47.5374 USD

common stock

Purchase

2,940

47.3521 USD

common stock

Purchase

1,881

47.3400 USD

common stock

Purchase

1,679

47.4445 USD

common stock

Purchase

1,665

47.3396 USD

common stock

Purchase

1,300

47.3653 USD

common stock

Purchase

1,283

47.4480 USD

common stock

Purchase

1,282

47.4701 USD

common stock

Purchase

1,162

47.3188 USD

common stock

Purchase

1,121

47.4347 USD

common stock

Purchase

904

47.0600 USD

common stock

Purchase

900

47.1883 USD

common stock

Purchase

800

47.4500 USD

common stock

Purchase

700

47.6742 USD

common stock

Purchase

624

47.5181 USD

common stock

Purchase

614

47.4499 USD

common stock

Purchase

589

47.3841 USD

common stock

Purchase

443

47.3101 USD

common stock

Purchase

400

47.0725 USD

common stock

Purchase

333

47.3951 USD

common stock

Purchase

300

47.3133 USD

common stock

Purchase

268

47.2886 USD

common stock

Purchase

221

47.5797 USD

common stock

Purchase

210

47.6309 USD

common stock

Purchase

203

47.3931 USD

common stock

Purchase

200

47.5450 USD

common stock

Purchase

160

47.3320 USD

common stock

Purchase

100

47.1300 USD

common stock

Purchase

50

42.7000 EUR

common stock

Purchase

36

47.0800 USD

common stock

Sale

115,650

47.1947 USD

common stock

Sale

68,546

47.3478 USD

common stock

Sale

39,814

47.2869 USD

common stock

Sale

33,647

47.3406 USD

common stock

Sale

27,704

47.3400 USD

common stock

Sale

23,801

47.3522 USD

common stock

Sale

23,538

47.4352 USD

common stock

Sale

23,179

47.3190 USD

common stock

Sale

19,729

47.2542 USD

common stock

Sale

14,397

47.4782 USD

common stock

Sale

10,614

47.2519 USD

common stock

Sale

10,554

47.4608 USD

common stock

Sale

9,917

47.2419 USD

common stock

Sale

8,464

47.4023 USD

common stock

Sale

8,180

47.3071 USD

common stock

Sale

7,829

47.1570 USD

common stock

Sale

7,330

47.4223 USD

common stock

Sale

6,473

47.2346 USD

common stock

Sale

6,306

47.2369 USD

common stock

Sale

5,834

47.3399 USD

common stock

Sale

5,712

47.4521 USD

common stock

Sale

5,448

47.1794 USD

common stock

Sale

5,417

47.1095 USD

common stock

Sale

4,892

47.1881 USD

common stock

Sale

4,880

47.1684 USD

common stock

Sale

4,255

47.4269 USD

common stock

Sale

3,956

47.3685 USD

common stock

Sale

3,618

47.5374 USD

common stock

Sale

2,607

47.2034 USD

common stock

Sale

2,513

47.4003 USD

common stock

Sale

2,338

47.4707 USD

common stock

Sale

2,237

47.0676 USD

common stock

Sale

2,116

47.3033 USD

common stock

Sale

2,040

47.2676 USD

common stock

Sale

2,020

47.3276 USD

common stock

Sale

1,860

47.2060 USD

common stock

Sale

1,832

47.3307 USD

common stock

Sale

1,681

47.4240 USD

common stock

Sale

1,483

47.3670 USD

common stock

Sale

1,414

47.3112 USD

common stock

Sale

1,400

47.1875 USD

common stock

Sale

1,347

47.1148 USD

common stock

Sale

1,314

47.1315 USD

common stock

Sale

1,297

47.0766 USD

common stock

Sale

1,286

47.3726 USD

common stock

Sale

1,211

47.3458 USD

common stock

Sale

1,183

47.2161 USD

common stock

Sale

1,027

47.0624 USD

common stock

Sale

994

47.5086 USD

common stock

Sale

904

47.0600 USD

common stock

Sale

900

47.3666 USD

common stock

Sale

602

47.2970 USD

common stock

Sale

600

47.1883 USD

common stock

Sale

524

47.1981 USD

common stock

Sale

408

47.2428 USD

common stock

Sale

301

47.2946 USD

common stock

Sale

300

47.3500 USD

common stock

Sale

257

47.2582 USD

common stock

Sale

252

47.5130 USD

common stock

Sale

248

47.4691 USD

common stock

Sale

203

47.3931 USD

common stock

Sale

200

47.0300 USD

common stock

Sale

200

46.9050 USD

common stock

Sale

199

47.3374 USD

common stock

Sale

184

47.2658 USD

common stock

Sale

100

47.1000 USD

common stock

Sale

100

47.0200 USD

common stock

Sale

100

47.1900 USD

common stock

Sale

99

47.0000 USD

common stock

Sale

96

47.3133 USD

common stock

Sale

89

47.3986 USD

common stock

Sale

78

47.5157 USD

common stock

Sale

76

47.1042 USD

common stock

Sale

68

47.3200 USD

common stock

Sale

64

47.3600 USD

common stock

Sale

55

47.3350 USD

common stock

Sale

50

42.7000 EUR

common stock

Sale

34

47.6050 USD

common stock

Sale

20

47.5200 USD

common stock

Sale

11

47.1800 USD

common stock

Sale

5

47.0920 USD

common stock

Sale

3

47.0573 USD

common stock

Sale

3

47.5148 USD

common stock

Sale

2

47.1158 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

19,700

47.4563 USD

common stock

SWAP

Increasing Long

1,036

47.3389 USD

common stock

SWAP

Increasing Long

2,911

47.3390 USD

common stock

SWAP

Decreasing Long

820

47.3425 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:

09 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213