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:

04 Dec 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:

1,021,878

0.29%

607,748

0.17%

(2)

Cash-settled derivatives:

and/or controlled:

321,176

0.09%

13,660

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,343,054

0.39%

621,408

0.18%

(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

194,048

57.7200 USD

common stock

Purchase

77,702

57.7226 USD

common stock

Purchase

37,500

57.8117 USD

common stock

Purchase

20,814

57.7803 USD

common stock

Purchase

16,967

57.7712 USD

common stock

Purchase

15,976

57.8750 USD

common stock

Purchase

10,663

57.9105 USD

common stock

Purchase

10,341

57.7364 USD

common stock

Purchase

9,563

57.7841 USD

common stock

Purchase

9,500

57.9510 USD

common stock

Purchase

9,398

57.8704 USD

common stock

Purchase

6,239

57.7980 USD

common stock

Purchase

5,532

57.8402 USD

common stock

Purchase

4,983

57.9491 USD

common stock

Purchase

4,877

57.9675 USD

common stock

Purchase

3,461

57.7773 USD

common stock

Purchase

3,400

57.5826 USD

common stock

Purchase

3,217

57.9402 USD

common stock

Purchase

2,857

57.7199 USD

common stock

Purchase

2,088

57.9418 USD

common stock

Purchase

1,614

57.7092 USD

common stock

Purchase

1,407

57.7764 USD

common stock

Purchase

1,384

57.9511 USD

common stock

Purchase

1,317

57.8037 USD

common stock

Purchase

1,221

57.9571 USD

common stock

Purchase

1,197

57.8026 USD

common stock

Purchase

988

57.6988 USD

common stock

Purchase

915

57.9889 USD

common stock

Purchase

585

57.9876 USD

common stock

Purchase

571

57.9662 USD

common stock

Purchase

549

57.9800 USD

common stock

Purchase

452

57.8259 USD

common stock

Purchase

400

57.9650 USD

common stock

Purchase

304

57.9260 USD

common stock

Purchase

298

57.8633 USD

common stock

Purchase

287

57.9639 USD

common stock

Purchase

224

57.7269 USD

common stock

Purchase

216

58.0293 USD

common stock

Purchase

210

57.9190 USD

common stock

Purchase

205

57.8900 USD

common stock

Purchase

200

58.0650 USD

common stock

Purchase

197

57.6800 USD

common stock

Purchase

174

58.1739 USD

common stock

Purchase

170

58.1885 USD

common stock

Purchase

105

57.6133 USD

common stock

Purchase

100

57.9200 USD

common stock

Purchase

100

57.5500 USD

common stock

Purchase

64

57.8757 USD

common stock

Purchase

19

57.9900 USD

common stock

Sale

128,312

57.7200 USD

common stock

Sale

95,052

57.7333 USD

common stock

Sale

37,874

57.7199 USD

common stock

Sale

28,957

57.9370 USD

common stock

Sale

23,475

57.8319 USD

common stock

Sale

17,613

57.8697 USD

common stock

Sale

14,545

57.7635 USD

common stock

Sale

9,684

57.7216 USD

common stock

Sale

9,500

57.8123 USD

common stock

Sale

7,841

57.7448 USD

common stock

Sale

7,650

57.7760 USD

common stock

Sale

6,320

57.8187 USD

common stock

Sale

5,385

57.9746 USD

common stock

Sale

3,452

57.9080 USD

common stock

Sale

3,400

57.5826 USD

common stock

Sale

3,292

57.9730 USD

common stock

Sale

2,527

57.7984 USD

common stock

Sale

2,349

57.8042 USD

common stock

Sale

2,275

57.9176 USD

common stock

Sale

1,830

57.9265 USD

common stock

Sale

1,811

57.8501 USD

common stock

Sale

1,647

57.7167 USD

common stock

Sale

1,616

57.7799 USD

common stock

Sale

1,608

57.9431 USD

common stock

Sale

1,581

57.8627 USD

common stock

Sale

1,221

57.7104 USD

common stock

Sale

1,049

57.9629 USD

common stock

Sale

820

57.8322 USD

common stock

Sale

726

57.7161 USD

common stock

Sale

692

57.6792 USD

common stock

Sale

660

57.8258 USD

common stock

Sale

652

57.9329 USD

common stock

Sale

559

57.9831 USD

common stock

Sale

555

57.8473 USD

common stock

Sale

506

57.7237 USD

common stock

Sale

494

57.6988 USD

common stock

Sale

458

58.0122 USD

common stock

Sale

452

57.8259 USD

common stock

Sale

399

57.7396 USD

common stock

Sale

388

57.8020 USD

common stock

Sale

274

58.0000 USD

common stock

Sale

266

57.7049 USD

common stock

Sale

220

57.9863 USD

common stock

Sale

200

57.7700 USD

common stock

Sale

197

57.6800 USD

common stock

Sale

156

57.6600 USD

common stock

Sale

132

57.8584 USD

common stock

Sale

100

57.9900 USD

common stock

Sale

100

57.9400 USD

common stock

Sale

100

58.1300 USD

common stock

Sale

100

57.7300 USD

common stock

Sale

99

57.7930 USD

common stock

Sale

77

57.6035 USD

common stock

Sale

29

57.7120 USD

common stock

Sale

17

58.0100 USD

common stock

Sale

5

57.8500 USD

common stock

Sale

4

57.5550 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

2,415

57.7189 USD

common stock

SWAP

Decreasing Long

522

57.7225 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:

05 Dec 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213