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:

09 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:

865,804

0.25%

418,734

0.12%

(2)

Cash-settled derivatives:

and/or controlled:

323,733

0.09%

0

0.00%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,189,537

0.34%

418,734

0.12%

(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

77,100

47.4986 USD

common stock

Purchase

45,056

47.1373 USD

common stock

Purchase

37,024

47.1783 USD

common stock

Purchase

27,185

47.0989 USD

common stock

Purchase

27,170

47.2188 USD

common stock

Purchase

19,688

47.1765 USD

common stock

Purchase

18,460

47.1000 USD

common stock

Purchase

16,807

47.2917 USD

common stock

Purchase

11,516

47.1510 USD

common stock

Purchase

10,706

47.0923 USD

common stock

Purchase

9,652

47.1698 USD

common stock

Purchase

8,182

47.1017 USD

common stock

Purchase

8,106

47.1372 USD

common stock

Purchase

8,069

47.1345 USD

common stock

Purchase

6,981

47.1508 USD

common stock

Purchase

6,386

47.0952 USD

common stock

Purchase

6,271

47.1271 USD

common stock

Purchase

5,701

47.2230 USD

common stock

Purchase

5,560

47.1319 USD

common stock

Purchase

4,558

47.1238 USD

common stock

Purchase

3,927

47.1331 USD

common stock

Purchase

3,311

47.0689 USD

common stock

Purchase

1,718

47.0352 USD

common stock

Purchase

1,100

47.1197 USD

common stock

Purchase

1,084

47.2367 USD

common stock

Purchase

833

47.2614 USD

common stock

Purchase

826

47.1250 USD

common stock

Purchase

700

47.1742 USD

common stock

Purchase

622

47.1246 USD

common stock

Purchase

549

47.1167 USD

common stock

Purchase

508

47.0950 USD

common stock

Purchase

500

47.1100 USD

common stock

Purchase

500

47.1150 USD

common stock

Purchase

500

47.2520 USD

common stock

Purchase

500

47.0260 USD

common stock

Purchase

493

47.0488 USD

common stock

Purchase

481

47.1374 USD

common stock

Purchase

448

47.1445 USD

common stock

Purchase

379

47.1555 USD

common stock

Purchase

297

47.1281 USD

common stock

Purchase

282

47.1200 USD

common stock

Purchase

226

47.1155 USD

common stock

Purchase

213

47.1147 USD

common stock

Purchase

200

47.0800 USD

common stock

Purchase

200

47.3700 USD

common stock

Purchase

200

47.1675 USD

common stock

Purchase

100

47.1400 USD

common stock

Purchase

100

47.2050 USD

common stock

Purchase

100

47.2650 USD

common stock

Purchase

100

47.0500 USD

common stock

Purchase

49

47.1300 USD

common stock

Sale

96,326

47.1539 USD

common stock

Sale

38,550

47.4986 USD

common stock

Sale

31,800

47.1292 USD

common stock

Sale

27,075

47.0995 USD

common stock

Sale

20,675

47.2861 USD

common stock

Sale

17,204

47.1000 USD

common stock

Sale

14,976

47.2691 USD

common stock

Sale

11,516

47.1510 USD

common stock

Sale

10,706

47.0923 USD

common stock

Sale

10,457

47.1107 USD

common stock

Sale

9,045

47.0653 USD

common stock

Sale

9,043

47.1002 USD

common stock

Sale

8,961

47.1560 USD

common stock

Sale

8,490

47.0788 USD

common stock

Sale

6,475

47.0328 USD

common stock

Sale

5,126

47.2626 USD

common stock

Sale

3,526

47.0290 USD

common stock

Sale

3,300

47.0675 USD

common stock

Sale

3,245

47.1697 USD

common stock

Sale

3,100

47.2229 USD

common stock

Sale

2,800

47.0317 USD

common stock

Sale

2,523

47.3482 USD

common stock

Sale

2,300

46.9947 USD

common stock

Sale

1,578

47.2369 USD

common stock

Sale

1,500

47.2273 USD

common stock

Sale

1,326

47.1246 USD

common stock

Sale

1,314

47.1091 USD

common stock

Sale

1,300

47.0469 USD

common stock

Sale

1,226

47.2233 USD

common stock

Sale

1,119

47.0917 USD

common stock

Sale

1,101

47.1222 USD

common stock

Sale

1,100

47.4459 USD

common stock

Sale

1,094

47.1850 USD

common stock

Sale

800

46.9600 USD

common stock

Sale

700

47.1585 USD

common stock

Sale

700

47.1014 USD

common stock

Sale

614

47.2498 USD

common stock

Sale

600

47.3643 USD

common stock

Sale

600

47.2100 USD

common stock

Sale

597

46.9755 USD

common stock

Sale

500

47.0940 USD

common stock

Sale

498

47.1019 USD

common stock

Sale

429

47.1166 USD

common stock

Sale

401

47.0774 USD

common stock

Sale

400

47.0500 USD

common stock

Sale

400

46.9325 USD

common stock

Sale

387

47.0894 USD

common stock

Sale

336

47.1100 USD

common stock

Sale

300

47.1066 USD

common stock

Sale

300

47.0900 USD

common stock

Sale

297

47.1281 USD

common stock

Sale

244

47.5926 USD

common stock

Sale

200

47.1175 USD

common stock

Sale

200

46.9750 USD

common stock

Sale

173

47.1273 USD

common stock

Sale

107

47.0173 USD

common stock

Sale

101

46.9404 USD

common stock

Sale

100

47.0600 USD

common stock

Sale

100

47.1050 USD

common stock

Sale

100

47.3750 USD

common stock

Sale

52

47.3092 USD

common stock

Sale

20

47.2300 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

Decreasing Long

5,800

47.2039 USD

common stock

SWAP

Decreasing Long

2,263

47.1024 USD

common stock

SWAP

Decreasing Long

367

47.1025 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:

10 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213