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:

06 Sep 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:

827,904

0.24%

500,225

0.14%

(2)

Cash-settled derivatives:

and/or controlled:

381,319

0.11%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

123,800

0.04%

0

0.00%

TOTAL:

1,333,023

0.38%

500,225

0.14%

(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

47,124

46.9294 USD

common stock

Purchase

39,032

47.1244 USD

common stock

Purchase

31,637

47.2430 USD

common stock

Purchase

29,958

47.0369 USD

common stock

Purchase

28,802

47.1702 USD

common stock

Purchase

27,669

47.1100 USD

common stock

Purchase

15,213

47.1502 USD

common stock

Purchase

12,153

47.1663 USD

common stock

Purchase

10,094

47.1950 USD

common stock

Purchase

6,172

47.1102 USD

common stock

Purchase

5,018

47.1347 USD

common stock

Purchase

3,033

47.2783 USD

common stock

Purchase

2,959

47.1058 USD

common stock

Purchase

2,578

47.1927 USD

common stock

Purchase

2,359

47.0147 USD

common stock

Purchase

1,986

47.1900 USD

common stock

Purchase

1,732

46.8985 USD

common stock

Purchase

1,723

47.1706 USD

common stock

Purchase

1,578

47.0667 USD

common stock

Purchase

1,266

47.0021 USD

common stock

Purchase

1,042

47.1828 USD

common stock

Purchase

703

47.1608 USD

common stock

Purchase

610

46.9927 USD

common stock

Purchase

590

47.1341 USD

common stock

Purchase

514

47.1485 USD

common stock

Purchase

409

47.1107 USD

common stock

Purchase

400

47.1250 USD

common stock

Purchase

269

47.2527 USD

common stock

Purchase

200

47.2380 USD

common stock

Purchase

200

47.6600 USD

common stock

Purchase

200

47.0375 USD

common stock

Purchase

174

47.2004 USD

common stock

Purchase

159

47.0800 USD

common stock

Purchase

100

47.7400 USD

common stock

Purchase

100

47.5900 USD

common stock

Purchase

100

47.0400 USD

common stock

Purchase

100

46.8200 USD

common stock

Purchase

92

47.1406 USD

common stock

Purchase

22

47.4786 USD

common stock

Purchase

5

47.3000 USD

common stock

Purchase

3

47.2800 USD

common stock

Sale

47,124

46.9294 USD

common stock

Sale

44,960

47.2136 USD

common stock

Sale

43,572

47.1275 USD

common stock

Sale

29,958

47.0369 USD

common stock

Sale

22,380

47.1100 USD

common stock

Sale

14,341

47.1751 USD

common stock

Sale

13,173

47.0227 USD

common stock

Sale

11,404

47.1110 USD

common stock

Sale

9,006

47.0985 USD

common stock

Sale

8,967

47.2052 USD

common stock

Sale

6,172

47.1102 USD

common stock

Sale

5,937

47.2135 USD

common stock

Sale

5,323

47.1224 USD

common stock

Sale

5,000

47.1618 USD

common stock

Sale

4,186

47.1808 USD

common stock

Sale

3,832

47.1866 USD

common stock

Sale

3,337

47.1142 USD

common stock

Sale

2,874

47.2845 USD

common stock

Sale

2,200

47.0100 USD

common stock

Sale

1,756

47.0194 USD

common stock

Sale

1,713

47.3440 USD

common stock

Sale

1,611

47.0001 USD

common stock

Sale

1,455

47.1284 USD

common stock

Sale

1,433

46.9281 USD

common stock

Sale

991

47.0200 USD

common stock

Sale

900

46.9488 USD

common stock

Sale

900

46.9466 USD

common stock

Sale

856

46.8995 USD

common stock

Sale

790

47.3112 USD

common stock

Sale

743

47.1753 USD

common stock

Sale

510

46.9667 USD

common stock

Sale

480

47.0106 USD

common stock

Sale

451

46.9613 USD

common stock

Sale

318

47.0800 USD

common stock

Sale

315

46.8972 USD

common stock

Sale

277

47.1994 USD

common stock

Sale

243

47.1867 USD

common stock

Sale

214

46.9000 USD

common stock

Sale

200

47.2380 USD

common stock

Sale

200

46.8900 USD

common stock

Sale

200

47.6600 USD

common stock

Sale

189

47.2049 USD

common stock

Sale

174

47.2004 USD

common stock

Sale

160

46.9043 USD

common stock

Sale

126

46.9526 USD

common stock

Sale

106

47.5800 USD

common stock

Sale

105

47.1876 USD

common stock

Sale

101

47.0502 USD

common stock

Sale

100

46.8500 USD

common stock

Sale

99

46.9400 USD

common stock

Sale

80

47.3656 USD

common stock

Sale

62

47.0300 USD

common stock

Sale

50

47.1420 USD

common stock

Sale

50

47.1300 USD

common stock

Sale

24

47.1350 USD

common stock

Sale

22

47.4786 USD

common stock

Sale

15

47.1500 USD

common stock

Sale

13

47.2600 USD

common stock

Sale

1

47.2590 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

21,760

46.9794 USD

common stock

SWAP

Decreasing Long

4,224

47.1125 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?

YES

Date of disclosure:

09 Sep 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO

PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1.

KEY INFORMATION

Identity of the person whose positions/dealings

Barclays PLC.

are being disclosed:

Name of offeror/offeree in relation to whose

INTERNATIONAL PAPER CO

relevant securities this from relates:

2.

OPTIONS AND DERIVATIVES

Class of relevant security

Product description

Writing, purchasing, selling, varying etc

Number of securities to which option relates

Exercise price per unit

Type

Expiry date

common stock

Put Options

Written

123,800

45.0000

American

20 Sep 2024

3.

AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood: