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:

03 May 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:

740,942

0.21%

737,260

0.21%

(2)

Cash-settled derivatives:

and/or controlled:

425,250

0.12%

64,080

0.02%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,166,192

0.34%

801,340

0.23%

(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

280,985

36.2009 USD

common stock

Purchase

113,877

36.2636 USD

common stock

Purchase

80,010

36.1279 USD

common stock

Purchase

70,996

36.2283 USD

common stock

Purchase

36,122

36.0644 USD

common stock

Purchase

23,150

36.2775 USD

common stock

Purchase

18,295

36.0963 USD

common stock

Purchase

15,378

35.9727 USD

common stock

Purchase

14,617

36.0238 USD

common stock

Purchase

13,860

36.0655 USD

common stock

Purchase

8,186

36.2800 USD

common stock

Purchase

7,415

36.2010 USD

common stock

Purchase

3,162

36.1935 USD

common stock

Purchase

2,441

36.0985 USD

common stock

Purchase

2,268

36.1102 USD

common stock

Purchase

1,819

36.0897 USD

common stock

Purchase

1,526

36.2670 USD

common stock

Purchase

1,360

35.9878 USD

common stock

Purchase

1,286

36.1518 USD

common stock

Purchase

953

36.1778 USD

common stock

Purchase

921

36.1768 USD

common stock

Purchase

882

36.2112 USD

common stock

Purchase

521

36.2134 USD

common stock

Purchase

300

36.1100 USD

common stock

Purchase

295

35.9750 USD

common stock

Purchase

287

35.9400 USD

common stock

Purchase

245

36.1275 USD

common stock

Purchase

215

35.8557 USD

common stock

Purchase

200

36.1150 USD

common stock

Purchase

169

36.1346 USD

common stock

Purchase

140

36.2854 USD

common stock

Purchase

125

35.9416 USD

common stock

Purchase

116

36.0226 USD

common stock

Purchase

102

36.2596 USD

common stock

Purchase

79

36.0560 USD

common stock

Purchase

77

35.8550 USD

common stock

Purchase

55

36.0914 USD

common stock

Purchase

46

35.9763 USD

common stock

Purchase

29

36.0006 USD

common stock

Purchase

28

36.1667 USD

common stock

Purchase

20

35.9850 USD

common stock

Purchase

5

36.1800 USD

common stock

Purchase

2

35.8500 USD

common stock

Purchase

1

35.8600 USD

common stock

Sale

212,297

36.2434 USD

common stock

Sale

141,007

36.2406 USD

common stock

Sale

56,282

36.0201 USD

common stock

Sale

46,091

36.0929 USD

common stock

Sale

42,980

36.2597 USD

common stock

Sale

30,150

36.2277 USD

common stock

Sale

23,440

36.2749 USD

common stock

Sale

23,192

36.0535 USD

common stock

Sale

20,948

36.1539 USD

common stock

Sale

18,258

36.0593 USD

common stock

Sale

16,176

36.2800 USD

common stock

Sale

13,658

36.1098 USD

common stock

Sale

11,241

36.1214 USD

common stock

Sale

8,001

36.2290 USD

common stock

Sale

5,373

36.0049 USD

common stock

Sale

4,489

36.0735 USD

common stock

Sale

3,455

36.1167 USD

common stock

Sale

3,080

36.0981 USD

common stock

Sale

3,077

36.0712 USD

common stock

Sale

2,787

35.9836 USD

common stock

Sale

2,504

36.1310 USD

common stock

Sale

2,268

36.1102 USD

common stock

Sale

1,954

36.1132 USD

common stock

Sale

1,880

36.0708 USD

common stock

Sale

1,585

35.9834 USD

common stock

Sale

1,347

36.0998 USD

common stock

Sale

1,286

36.1518 USD

common stock

Sale

1,147

36.0077 USD

common stock

Sale

910

36.0236 USD

common stock

Sale

901

35.9920 USD

common stock

Sale

798

35.9902 USD

common stock

Sale

792

36.1332 USD

common stock

Sale

755

35.9559 USD

common stock

Sale

695

36.0251 USD

common stock

Sale

635

35.9885 USD

common stock

Sale

590

35.9750 USD

common stock

Sale

500

36.0420 USD

common stock

Sale

497

35.9601 USD

common stock

Sale

450

35.9155 USD

common stock

Sale

401

36.0750 USD

common stock

Sale

370

35.9400 USD

common stock

Sale

303

36.0902 USD

common stock

Sale

300

35.9500 USD

common stock

Sale

245

36.1275 USD

common stock

Sale

233

35.9779 USD

common stock

Sale

200

36.1600 USD

common stock

Sale

187

36.0806 USD

common stock

Sale

169

36.1346 USD

common stock

Sale

155

36.1519 USD

common stock

Sale

129

35.9441 USD

common stock

Sale

125

35.9416 USD

common stock

Sale

125

36.1170 USD

common stock

Sale

100

36.0200 USD

common stock

Sale

20

35.9850 USD

common stock

Sale

18

36.2100 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:

07 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213