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:

29 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:

875,593

0.25%

343,315

0.09%

(2)

Cash-settled derivatives:

and/or controlled:

285,415

0.08%

23,331

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,161,008

0.33%

366,646

0.10%

(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

51,543

47.3048 USD

common stock

Purchase

50,107

48.4800 USD

common stock

Purchase

46,237

47.2900 USD

common stock

Purchase

40,809

47.5011 USD

common stock

Purchase

33,323

47.7321 USD

common stock

Purchase

28,608

47.6343 USD

common stock

Purchase

25,180

48.4817 USD

common stock

Purchase

16,913

47.6721 USD

common stock

Purchase

11,259

47.6651 USD

common stock

Purchase

10,346

47.6013 USD

common stock

Purchase

9,326

48.4900 USD

common stock

Purchase

8,119

47.2899 USD

common stock

Purchase

7,828

47.4813 USD

common stock

Purchase

7,780

47.7182 USD

common stock

Purchase

4,451

48.4730 USD

common stock

Purchase

3,660

48.4762 USD

common stock

Purchase

3,084

48.4646 USD

common stock

Purchase

2,193

47.6477 USD

common stock

Purchase

1,966

48.4628 USD

common stock

Purchase

1,931

47.7583 USD

common stock

Purchase

1,917

47.7576 USD

common stock

Purchase

1,541

48.4838 USD

common stock

Purchase

1,328

47.4734 USD

common stock

Purchase

1,103

48.0652 USD

common stock

Purchase

721

47.9584 USD

common stock

Purchase

685

48.4747 USD

common stock

Purchase

400

48.0100 USD

common stock

Purchase

200

47.8500 USD

common stock

Purchase

200

47.8800 USD

common stock

Purchase

200

47.6400 USD

common stock

Purchase

133

47.3405 USD

common stock

Purchase

126

48.0122 USD

common stock

Purchase

100

48.2100 USD

common stock

Purchase

100

48.4400 USD

common stock

Purchase

91

47.7650 USD

common stock

Purchase

29

47.6700 USD

common stock

Purchase

29

47.6250 USD

common stock

Purchase

22

47.7156 USD

common stock

Sale

100,000

48.4800 USD

common stock

Sale

70,835

47.6146 USD

common stock

Sale

51,870

47.2900 USD

common stock

Sale

40,858

47.4184 USD

common stock

Sale

31,315

47.3109 USD

common stock

Sale

13,087

47.3152 USD

common stock

Sale

8,428

47.7579 USD

common stock

Sale

8,119

47.2899 USD

common stock

Sale

7,181

47.4470 USD

common stock

Sale

4,359

47.8850 USD

common stock

Sale

4,335

47.6623 USD

common stock

Sale

4,200

47.8023 USD

common stock

Sale

3,989

47.6997 USD

common stock

Sale

3,731

47.6128 USD

common stock

Sale

3,598

47.7797 USD

common stock

Sale

3,370

48.0566 USD

common stock

Sale

3,179

47.9811 USD

common stock

Sale

2,849

47.9046 USD

common stock

Sale

2,576

47.5577 USD

common stock

Sale

2,492

47.6585 USD

common stock

Sale

1,816

47.7650 USD

common stock

Sale

1,541

48.4838 USD

common stock

Sale

1,165

47.4061 USD

common stock

Sale

1,103

48.0652 USD

common stock

Sale

600

47.5550 USD

common stock

Sale

432

47.5260 USD

common stock

Sale

400

47.5275 USD

common stock

Sale

392

47.3033 USD

common stock

Sale

322

47.2972 USD

common stock

Sale

280

47.3577 USD

common stock

Sale

241

47.6654 USD

common stock

Sale

163

47.6060 USD

common stock

Sale

115

47.3869 USD

common stock

Sale

107

47.3408 USD

common stock

Sale

102

47.5713 USD

common stock

Sale

101

47.6248 USD

common stock

Sale

100

47.3500 USD

common stock

Sale

100

47.5600 USD

common stock

Sale

58

47.6250 USD

common stock

Sale

30

47.6900 USD

common stock

Sale

21

47.7228 USD

common stock

Sale

19

48.1821 USD

common stock

Sale

10

47.7400 USD

common stock

Sale

5

47.4000 USD

common stock

Sale

5

47.3200 USD

common stock

Sale

1

47.2700 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

5,720

47.2890 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:

30 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213