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:

12 Jun 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:

857,873

0.25%

328,482

0.09%

(2)

Cash-settled derivatives:

and/or controlled:

93,360

0.03%

44,055

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

951,233

0.27%

372,537

0.11%

(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

129,197

44.8543 USD

common stock

Purchase

85,344

44.8755 USD

common stock

Purchase

82,571

44.8585 USD

common stock

Purchase

65,925

44.9105 USD

common stock

Purchase

35,324

44.8568 USD

common stock

Purchase

33,729

44.8803 USD

common stock

Purchase

27,575

44.8928 USD

common stock

Purchase

12,020

44.8808 USD

common stock

Purchase

11,100

44.6600 USD

common stock

Purchase

10,423

44.8718 USD

common stock

Purchase

9,276

44.8881 USD

common stock

Purchase

8,734

44.9493 USD

common stock

Purchase

8,573

44.7586 USD

common stock

Purchase

7,648

44.8957 USD

common stock

Purchase

5,240

44.7534 USD

common stock

Purchase

4,713

44.9151 USD

common stock

Purchase

4,397

44.9154 USD

common stock

Purchase

2,789

44.8577 USD

common stock

Purchase

2,150

44.8523 USD

common stock

Purchase

1,989

44.8805 USD

common stock

Purchase

1,920

44.7855 USD

common stock

Purchase

1,853

44.7298 USD

common stock

Purchase

1,833

44.7444 USD

common stock

Purchase

1,805

44.7603 USD

common stock

Purchase

1,700

44.8252 USD

common stock

Purchase

1,301

44.7429 USD

common stock

Purchase

1,300

44.8526 USD

common stock

Purchase

1,293

44.7576 USD

common stock

Purchase

1,063

44.7272 USD

common stock

Purchase

1,006

44.9115 USD

common stock

Purchase

1,000

44.8660 USD

common stock

Purchase

927

44.7610 USD

common stock

Purchase

880

44.8883 USD

common stock

Purchase

840

44.6582 USD

common stock

Purchase

813

44.6850 USD

common stock

Purchase

811

44.9104 USD

common stock

Purchase

708

44.9672 USD

common stock

Purchase

611

44.7698 USD

common stock

Purchase

607

44.7768 USD

common stock

Purchase

600

44.9316 USD

common stock

Purchase

600

44.9350 USD

common stock

Purchase

417

44.7134 USD

common stock

Purchase

400

44.9037 USD

common stock

Purchase

400

44.8350 USD

common stock

Purchase

310

44.6422 USD

common stock

Purchase

273

44.9494 USD

common stock

Purchase

260

44.8007 USD

common stock

Purchase

238

44.8400 USD

common stock

Purchase

235

44.7905 USD

common stock

Purchase

220

44.9218 USD

common stock

Purchase

220

44.9122 USD

common stock

Purchase

220

44.9500 USD

common stock

Purchase

200

44.8450 USD

common stock

Purchase

200

44.8375 USD

common stock

Purchase

123

44.6722 USD

common stock

Purchase

107

44.7900 USD

common stock

Purchase

106

41.2000 EUR

common stock

Purchase

100

45.1000 USD

common stock

Purchase

100

44.9900 USD

common stock

Purchase

100

44.9650 USD

common stock

Purchase

100

44.8500 USD

common stock

Purchase

100

44.9100 USD

common stock

Purchase

100

44.6300 USD

common stock

Purchase

95

44.9062 USD

common stock

Purchase

89

44.7200 USD

common stock

Purchase

88

44.9171 USD

common stock

Purchase

62

44.7709 USD

common stock

Purchase

46

44.8482 USD

common stock

Purchase

38

44.9773 USD

common stock

Purchase

20

45.0100 USD

common stock

Purchase

19

44.9200 USD

common stock

Purchase

10

45.0975 USD

common stock

Sale

150,304

44.8632 USD

common stock

Sale

80,271

44.8575 USD

common stock

Sale

67,939

44.9103 USD

common stock

Sale

37,335

44.8740 USD

common stock

Sale

34,186

44.8908 USD

common stock

Sale

33,729

44.8803 USD

common stock

Sale

19,414

44.9166 USD

common stock

Sale

17,146

44.7586 USD

common stock

Sale

17,091

44.7191 USD

common stock

Sale

10,813

44.8533 USD

common stock

Sale

10,107

44.9376 USD

common stock

Sale

9,789

44.9239 USD

common stock

Sale

8,093

44.6391 USD

common stock

Sale

7,065

44.6566 USD

common stock

Sale

5,415

44.8890 USD

common stock

Sale

4,861

44.8540 USD

common stock

Sale

4,783

44.8792 USD

common stock

Sale

4,225

44.8497 USD

common stock

Sale

3,672

44.8128 USD

common stock

Sale

3,070

44.9158 USD

common stock

Sale

2,800

44.8385 USD

common stock

Sale

2,513

44.9100 USD

common stock

Sale

1,200

44.9070 USD

common stock

Sale

1,103

45.0840 USD

common stock

Sale

1,100

44.8772 USD

common stock

Sale

1,006

44.9115 USD

common stock

Sale

1,000

44.7920 USD

common stock

Sale

903

44.7731 USD

common stock

Sale

811

44.9104 USD

common stock

Sale

530

44.8657 USD

common stock

Sale

500

44.9200 USD

common stock

Sale

243

44.9184 USD

common stock

Sale

237

44.8375 USD

common stock

Sale

192

44.7053 USD

common stock

Sale

106

45.0100 USD

common stock

Sale

106

41.2000 EUR

common stock

Sale

100

44.8800 USD

common stock

Sale

100

44.7700 USD

common stock

Sale

95

44.9062 USD

common stock

Sale

88

44.9171 USD

common stock

Sale

88

44.9589 USD

common stock

Sale

46

44.8482 USD

common stock

Sale

40

45.0400 USD

common stock

Sale

38

44.9773 USD

common stock

Sale

10

45.0975 USD

common stock

Sale

2

44.7300 USD

common stock

Sale

1

45.2400 USD

(b)

Cash-settled derivative transactions

Class of

Product

Nature of dealing

Number of

Price per

relevant

description

reference

unit

security

securities

(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:

13 Jun 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213