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 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:

750,445

0.22%

735,158

0.21%

(2)

Cash-settled derivatives:

and/or controlled:

416,880

0.12%

27,615

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,167,325

0.34%

762,773

0.22%

(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

203,059

35.2593 USD

common stock

Purchase

147,754

35.0235 USD

common stock

Purchase

97,665

35.2265 USD

common stock

Purchase

69,831

35.1701 USD

common stock

Purchase

65,217

35.3586 USD

common stock

Purchase

61,038

35.2075 USD

common stock

Purchase

58,613

35.1671 USD

common stock

Purchase

43,326

35.3270 USD

common stock

Purchase

34,222

35.1823 USD

common stock

Purchase

31,315

35.0843 USD

common stock

Purchase

25,951

34.9100 USD

common stock

Purchase

17,418

35.2164 USD

common stock

Purchase

10,600

34.7764 USD

common stock

Purchase

10,500

34.9435 USD

common stock

Purchase

10,228

35.0604 USD

common stock

Purchase

9,720

34.9573 USD

common stock

Purchase

8,910

35.1164 USD

common stock

Purchase

8,198

35.2860 USD

common stock

Purchase

7,491

35.2800 USD

common stock

Purchase

7,461

35.1966 USD

common stock

Purchase

7,223

35.1431 USD

common stock

Purchase

6,866

35.1921 USD

common stock

Purchase

6,443

35.0242 USD

common stock

Purchase

6,359

35.0475 USD

common stock

Purchase

5,733

35.1322 USD

common stock

Purchase

3,867

35.2927 USD

common stock

Purchase

3,110

35.1499 USD

common stock

Purchase

2,172

35.0856 USD

common stock

Purchase

2,128

35.0334 USD

common stock

Purchase

1,971

35.0438 USD

common stock

Purchase

1,900

35.0584 USD

common stock

Purchase

1,713

35.1948 USD

common stock

Purchase

1,512

35.2016 USD

common stock

Purchase

1,380

35.3963 USD

common stock

Purchase

1,351

35.2461 USD

common stock

Purchase

1,127

35.2405 USD

common stock

Purchase

1,003

35.1698 USD

common stock

Purchase

888

34.9850 USD

common stock

Purchase

867

35.2450 USD

common stock

Purchase

860

35.3712 USD

common stock

Purchase

701

35.0403 USD

common stock

Purchase

700

35.3721 USD

common stock

Purchase

619

34.9803 USD

common stock

Purchase

545

35.3484 USD

common stock

Purchase

513

34.8984 USD

common stock

Purchase

500

34.9620 USD

common stock

Purchase

436

34.8456 USD

common stock

Purchase

403

34.9593 USD

common stock

Purchase

401

35.1029 USD

common stock

Purchase

326

35.2053 USD

common stock

Purchase

300

35.3100 USD

common stock

Purchase

287

34.8400 USD

common stock

Purchase

200

34.9500 USD

common stock

Purchase

200

35.3000 USD

common stock

Purchase

200

34.9225 USD

common stock

Purchase

170

35.3964 USD

common stock

Purchase

100

34.9600 USD

common stock

Purchase

100

35.4950 USD

common stock

Purchase

80

35.1845 USD

common stock

Purchase

55

35.2145 USD

common stock

Purchase

36

34.8883 USD

common stock

Purchase

30

35.4800 USD

common stock

Purchase

28

35.3096 USD

common stock

Purchase

4

35.1125 USD

common stock

Sale

143,022

35.0150 USD

common stock

Sale

105,482

35.1788 USD

common stock

Sale

101,294

35.0875 USD

common stock

Sale

83,827

35.2967 USD

common stock

Sale

54,190

35.3264 USD

common stock

Sale

50,225

35.2018 USD

common stock

Sale

49,333

35.2044 USD

common stock

Sale

42,303

35.2977 USD

common stock

Sale

36,249

35.1681 USD

common stock

Sale

34,222

35.1823 USD

common stock

Sale

33,860

35.2055 USD

common stock

Sale

26,199

35.3605 USD

common stock

Sale

22,198

35.0072 USD

common stock

Sale

22,190

35.2770 USD

common stock

Sale

20,384

35.0221 USD

common stock

Sale

17,437

35.3092 USD

common stock

Sale

15,627

35.1991 USD

common stock

Sale

14,369

35.2930 USD

common stock

Sale

10,600

34.7764 USD

common stock

Sale

10,016

35.2255 USD

common stock

Sale

8,819

35.2800 USD

common stock

Sale

8,698

35.2857 USD

common stock

Sale

7,603

35.2824 USD

common stock

Sale

7,579

35.2471 USD

common stock

Sale

6,606

35.1489 USD

common stock

Sale

6,559

35.2002 USD

common stock

Sale

4,458

34.9278 USD

common stock

Sale

3,483

35.3041 USD

common stock

Sale

2,818

35.4300 USD

common stock

Sale

2,556

35.2145 USD

common stock

Sale

1,700

34.9232 USD

common stock

Sale

1,512

35.2016 USD

common stock

Sale

1,380

35.3963 USD

common stock

Sale

1,351

35.2461 USD

common stock

Sale

1,252

35.2124 USD

common stock

Sale

964

34.8758 USD

common stock

Sale

888

34.9850 USD

common stock

Sale

875

35.0761 USD

common stock

Sale

860

35.3712 USD

common stock

Sale

775

35.1987 USD

common stock

Sale

697

35.2052 USD

common stock

Sale

545

35.3484 USD

common stock

Sale

463

35.3100 USD

common stock

Sale

423

35.3066 USD

common stock

Sale

398

35.0000 USD

common stock

Sale

389

35.2861 USD

common stock

Sale

384

35.1895 USD

common stock

Sale

371

34.7897 USD

common stock

Sale

337

35.1967 USD

common stock

Sale

330

35.2797 USD

common stock

Sale

269

34.6700 USD

common stock

Sale

260

35.3244 USD

common stock

Sale

253

35.4253 USD

common stock

Sale

189

35.3424 USD

common stock

Sale

170

35.3491 USD

common stock

Sale

100

34.8400 USD

common stock

Sale

100

35.2900 USD

common stock

Sale

56

35.4000 USD

common stock

Sale

36

34.8883 USD

common stock

Sale

28

35.3096 USD

common stock

Sale

15

35.3466 USD

common stock

Sale

12

35.3579 USD

common stock

Sale

10

35.4450 USD

common stock

Sale

10

35.3900 USD

common stock

Sale

10

35.4350 USD

common stock

Sale

10

35.4200 USD

common stock

Sale

2

34.8700 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:

02 May 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213