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:

01 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:

881,112

0.25%

345,003

0.09%

(2)

Cash-settled derivatives:

and/or controlled:

275,608

0.07%

16,536

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,156,720

0.32%

361,539

0.09%

(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

120,440

55.5306 USD

common stock

Purchase

115,292

55.6922 USD

common stock

Purchase

28,679

55.5916 USD

common stock

Purchase

25,284

55.1106 USD

common stock

Purchase

24,725

55.1019 USD

common stock

Purchase

23,223

55.7700 USD

common stock

Purchase

22,297

55.1486 USD

common stock

Purchase

21,038

55.4747 USD

common stock

Purchase

14,480

55.7651 USD

common stock

Purchase

11,720

55.4448 USD

common stock

Purchase

10,691

55.2791 USD

common stock

Purchase

8,259

55.1762 USD

common stock

Purchase

7,737

55.2304 USD

common stock

Purchase

5,386

55.4984 USD

common stock

Purchase

3,787

55.2249 USD

common stock

Purchase

3,138

55.3842 USD

common stock

Purchase

2,600

55.2000 USD

common stock

Purchase

2,504

55.1416 USD

common stock

Purchase

2,285

55.2283 USD

common stock

Purchase

2,259

55.1798 USD

common stock

Purchase

1,977

55.0739 USD

common stock

Purchase

1,797

55.2355 USD

common stock

Purchase

1,600

55.3343 USD

common stock

Purchase

1,214

55.4541 USD

common stock

Purchase

1,200

55.3158 USD

common stock

Purchase

1,097

55.0609 USD

common stock

Purchase

1,034

55.3505 USD

common stock

Purchase

900

55.2522 USD

common stock

Purchase

790

55.1875 USD

common stock

Purchase

636

55.2591 USD

common stock

Purchase

614

54.9438 USD

common stock

Purchase

570

55.2310 USD

common stock

Purchase

461

54.9915 USD

common stock

Purchase

433

55.1414 USD

common stock

Purchase

427

55.5418 USD

common stock

Purchase

331

55.4240 USD

common stock

Purchase

302

55.2449 USD

common stock

Purchase

250

55.3220 USD

common stock

Purchase

170

55.2356 USD

common stock

Purchase

166

55.3639 USD

common stock

Purchase

160

54.9648 USD

common stock

Purchase

150

54.8775 USD

common stock

Purchase

136

54.9791 USD

common stock

Purchase

127

54.8979 USD

common stock

Purchase

120

55.7960 USD

common stock

Purchase

118

55.0006 USD

common stock

Purchase

104

55.4011 USD

common stock

Purchase

100

55.5900 USD

common stock

Purchase

73

55.6300 USD

common stock

Purchase

52

55.4169 USD

common stock

Purchase

30

54.8900 USD

common stock

Purchase

5

54.8800 USD

common stock

Purchase

5

55.4600 USD

common stock

Purchase

1

55.0200 USD

common stock

Sale

120,570

55.7700 USD

common stock

Sale

68,128

55.3462 USD

common stock

Sale

57,168

55.5336 USD

common stock

Sale

37,905

55.6644 USD

common stock

Sale

26,627

55.0882 USD

common stock

Sale

23,621

55.5060 USD

common stock

Sale

22,568

55.5472 USD

common stock

Sale

18,989

55.1356 USD

common stock

Sale

12,939

55.2931 USD

common stock

Sale

11,720

55.4448 USD

common stock

Sale

10,901

55.0646 USD

common stock

Sale

9,445

55.5368 USD

common stock

Sale

6,989

55.4360 USD

common stock

Sale

5,826

55.6554 USD

common stock

Sale

5,179

55.3495 USD

common stock

Sale

4,553

55.5050 USD

common stock

Sale

3,096

55.4537 USD

common stock

Sale

3,065

55.1663 USD

common stock

Sale

2,150

55.4768 USD

common stock

Sale

1,665

55.3271 USD

common stock

Sale

1,535

55.0480 USD

common stock

Sale

1,531

55.4751 USD

common stock

Sale

1,466

55.4526 USD

common stock

Sale

1,034

55.3505 USD

common stock

Sale

950

55.5242 USD

common stock

Sale

900

55.0144 USD

common stock

Sale

895

54.9771 USD

common stock

Sale

828

55.3861 USD

common stock

Sale

698

55.2212 USD

common stock

Sale

614

54.9438 USD

common stock

Sale

578

55.2442 USD

common stock

Sale

442

55.1637 USD

common stock

Sale

308

55.4257 USD

common stock

Sale

302

55.2449 USD

common stock

Sale

300

55.3333 USD

common stock

Sale

300

54.8775 USD

common stock

Sale

195

55.1777 USD

common stock

Sale

170

55.2356 USD

common stock

Sale

167

55.6519 USD

common stock

Sale

136

55.4615 USD

common stock

Sale

132

55.2057 USD

common stock

Sale

127

54.8979 USD

common stock

Sale

98

55.2728 USD

common stock

Sale

79

54.9343 USD

common stock

Sale

75

54.9513 USD

common stock

Sale

62

55.7391 USD

common stock

Sale

25

55.0341 USD

common stock

Sale

25

55.2260 USD

common stock

Sale

25

55.3920 USD

common stock

Sale

20

54.9725 USD

common stock

Sale

15

54.8966 USD

common stock

Sale

12

55.4300 USD

common stock

Sale

10

54.9975 USD

common stock

Sale

10

55.5250 USD

common stock

Sale

10

54.9150 USD

common stock

Sale

9

55.8300 USD

common stock

Sale

5

55.0300 USD

common stock

Sale

5

55.4600 USD

common stock

Sale

5

55.5400 USD

common stock

Sale

2

55.1000 USD

common stock

Sale

1

55.0200 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

Closing Long

7,600

55.2713 USD

common stock

SWAP

Increasing Long

4,411

55.7674 USD

common stock

SWAP

Increasing Long

3,173

55.7675 USD

common stock

SWAP

Decreasing Long

2,662

55.7709 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:

04 Nov 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213