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:

01 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:

894,164

0.26%

454,115

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:

1,258,465

0.36%

454,115

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

69,425

49.1537 USD

common stock

Purchase

60,875

49.0901 USD

common stock

Purchase

13,166

49.2100 USD

common stock

Purchase

11,834

48.8577 USD

common stock

Purchase

11,771

48.7001 USD

common stock

Purchase

11,573

49.0001 USD

common stock

Purchase

10,544

49.2101 USD

common stock

Purchase

7,066

48.9183 USD

common stock

Purchase

6,745

48.9285 USD

common stock

Purchase

6,109

48.9094 USD

common stock

Purchase

5,557

48.8732 USD

common stock

Purchase

5,341

49.0778 USD

common stock

Purchase

1,747

48.9360 USD

common stock

Purchase

1,738

49.0314 USD

common stock

Purchase

1,568

48.9812 USD

common stock

Purchase

1,478

49.0315 USD

common stock

Purchase

1,231

48.9676 USD

common stock

Purchase

1,164

48.9408 USD

common stock

Purchase

730

48.9613 USD

common stock

Purchase

502

49.1620 USD

common stock

Purchase

498

49.1431 USD

common stock

Purchase

429

49.0145 USD

common stock

Purchase

428

48.9373 USD

common stock

Purchase

419

49.1808 USD

common stock

Purchase

319

49.0710 USD

common stock

Purchase

270

43.3433 EUR

common stock

Purchase

182

49.0690 USD

common stock

Purchase

153

48.9847 USD

common stock

Purchase

130

49.2084 USD

common stock

Purchase

100

48.7800 USD

common stock

Purchase

21

49.0100 USD

common stock

Purchase

16

49.0075 USD

common stock

Purchase

12

49.2200 USD

common stock

Purchase

11

49.1627 USD

common stock

Purchase

6

48.9800 USD

common stock

Purchase

6

49.2150 USD

common stock

Purchase

5

49.2300 USD

common stock

Sale

55,871

49.2100 USD

common stock

Sale

49,628

48.9953 USD

common stock

Sale

28,850

49.1743 USD

common stock

Sale

18,639

49.0953 USD

common stock

Sale

11,944

49.0476 USD

common stock

Sale

10,544

49.2101 USD

common stock

Sale

9,178

48.9739 USD

common stock

Sale

7,926

48.7797 USD

common stock

Sale

6,968

48.8282 USD

common stock

Sale

6,043

48.9888 USD

common stock

Sale

4,004

48.8585 USD

common stock

Sale

3,600

48.9319 USD

common stock

Sale

2,898

49.1232 USD

common stock

Sale

2,776

48.9494 USD

common stock

Sale

2,227

48.9468 USD

common stock

Sale

2,194

49.1308 USD

common stock

Sale

2,124

49.0932 USD

common stock

Sale

1,891

48.7437 USD

common stock

Sale

1,324

48.7965 USD

common stock

Sale

1,071

48.7821 USD

common stock

Sale

1,065

48.8398 USD

common stock

Sale

1,047

48.7569 USD

common stock

Sale

893

48.8458 USD

common stock

Sale

887

48.8072 USD

common stock

Sale

864

49.0140 USD

common stock

Sale

712

48.9578 USD

common stock

Sale

562

48.8567 USD

common stock

Sale

502

49.1620 USD

common stock

Sale

455

48.8088 USD

common stock

Sale

444

49.1464 USD

common stock

Sale

417

48.9100 USD

common stock

Sale

413

48.8411 USD

common stock

Sale

270

43.3433 EUR

common stock

Sale

233

49.0512 USD

common stock

Sale

216

48.9333 USD

common stock

Sale

206

48.6824 USD

common stock

Sale

203

49.0204 USD

common stock

Sale

200

48.7500 USD

common stock

Sale

200

48.8000 USD

common stock

Sale

150

49.1200 USD

common stock

Sale

144

49.2050 USD

common stock

Sale

128

49.2200 USD

common stock

Sale

110

48.6300 USD

common stock

Sale

101

49.0701 USD

common stock

Sale

100

48.7900 USD

common stock

Sale

98

49.1939 USD

common stock

Sale

32

48.8300 USD

common stock

Sale

26

48.6412 USD

common stock

Sale

16

49.0075 USD

common stock

Sale

6

48.9800 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

7,509

49.2075 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:

02 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213