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 Nov 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:

851,436

0.25%

528,762

0.15%

(2)

Cash-settled derivatives:

and/or controlled:

291,432

0.08%

13,660

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,142,868

0.33%

542,422

0.15%

(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

98,434

57.2459 USD

common stock

Purchase

58,134

57.3099 USD

common stock

Purchase

33,794

57.3100 USD

common stock

Purchase

32,808

57.3237 USD

common stock

Purchase

25,613

56.8376 USD

common stock

Purchase

19,186

57.1889 USD

common stock

Purchase

10,742

57.0751 USD

common stock

Purchase

10,623

57.2591 USD

common stock

Purchase

9,226

57.1939 USD

common stock

Purchase

5,120

56.8024 USD

common stock

Purchase

4,466

57.1597 USD

common stock

Purchase

4,415

56.8460 USD

common stock

Purchase

3,453

56.9306 USD

common stock

Purchase

2,507

57.2277 USD

common stock

Purchase

1,889

57.1930 USD

common stock

Purchase

1,437

56.9153 USD

common stock

Purchase

1,357

57.1203 USD

common stock

Purchase

1,195

57.1704 USD

common stock

Purchase

1,034

57.0039 USD

common stock

Purchase

683

57.0391 USD

common stock

Purchase

505

56.9738 USD

common stock

Purchase

270

57.0250 USD

common stock

Purchase

256

56.9791 USD

common stock

Purchase

211

57.0735 USD

common stock

Purchase

200

57.2200 USD

common stock

Purchase

150

57.1180 USD

common stock

Purchase

150

57.0133 USD

common stock

Purchase

130

56.7215 USD

common stock

Purchase

124

56.8887 USD

common stock

Purchase

108

57.2771 USD

common stock

Purchase

75

53.6200 EUR

common stock

Purchase

49

56.7000 USD

common stock

Purchase

42

57.2146 USD

common stock

Purchase

38

57.0270 USD

common stock

Purchase

5

56.7400 USD

common stock

Purchase

5

56.7600 USD

common stock

Purchase

2

56.8750 USD

common stock

Purchase

1

56.6900 USD

common stock

Sale

133,547

57.1304 USD

common stock

Sale

63,387

57.3100 USD

common stock

Sale

58,134

57.3099 USD

common stock

Sale

27,306

57.3140 USD

common stock

Sale

12,541

57.0968 USD

common stock

Sale

12,136

57.2558 USD

common stock

Sale

8,990

57.3098 USD

common stock

Sale

8,989

57.1256 USD

common stock

Sale

7,912

57.1039 USD

common stock

Sale

7,906

57.2766 USD

common stock

Sale

7,220

57.3351 USD

common stock

Sale

7,129

57.3469 USD

common stock

Sale

4,427

57.1367 USD

common stock

Sale

3,724

57.2861 USD

common stock

Sale

3,697

57.3858 USD

common stock

Sale

2,837

57.2445 USD

common stock

Sale

2,822

57.0066 USD

common stock

Sale

1,775

57.1211 USD

common stock

Sale

1,405

56.9065 USD

common stock

Sale

1,357

57.1203 USD

common stock

Sale

1,318

57.4001 USD

common stock

Sale

1,257

57.3913 USD

common stock

Sale

1,192

57.0305 USD

common stock

Sale

847

57.3415 USD

common stock

Sale

800

57.2287 USD

common stock

Sale

433

57.3219 USD

common stock

Sale

336

57.1371 USD

common stock

Sale

309

57.4351 USD

common stock

Sale

300

57.4333 USD

common stock

Sale

249

57.0849 USD

common stock

Sale

229

57.3702 USD

common stock

Sale

210

56.9404 USD

common stock

Sale

141

57.2952 USD

common stock

Sale

135

57.0250 USD

common stock

Sale

131

57.0971 USD

common stock

Sale

116

57.1355 USD

common stock

Sale

110

57.2554 USD

common stock

Sale

100

56.9200 USD

common stock

Sale

100

56.9600 USD

common stock

Sale

100

56.9700 USD

common stock

Sale

94

57.2223 USD

common stock

Sale

75

53.6200 EUR

common stock

Sale

74

57.2625 USD

common stock

Sale

52

57.4038 USD

common stock

Sale

40

56.7400 USD

common stock

Sale

35

56.9500 USD

common stock

Sale

21

57.3500 USD

common stock

Sale

12

56.6400 USD

common stock

Sale

12

57.0025 USD

common stock

Sale

12

57.5000 USD

common stock

Sale

7

56.9950 USD

common stock

Sale

6

57.5100 USD

common stock

Sale

6

57.4500 USD

common stock

Sale

6

56.9800 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 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213