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:

24 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:

887,404

0.26%

348,785

0.10%

(2)

Cash-settled derivatives:

and/or controlled:

279,695

0.08%

23,331

0.01%

(3)

Stock-settled derivatives (including options)

and agreements to purchase/sell:

0

0.00%

0

0.00%

TOTAL:

1,167,099

0.34%

372,116

0.11%

(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

78,903

48.6400 USD

common stock

Purchase

52,298

48.6547 USD

common stock

Purchase

47,522

48.6189 USD

common stock

Purchase

25,294

48.5863 USD

common stock

Purchase

20,158

48.6877 USD

common stock

Purchase

15,251

48.5975 USD

common stock

Purchase

14,274

48.6403 USD

common stock

Purchase

10,840

48.6449 USD

common stock

Purchase

4,692

48.6731 USD

common stock

Purchase

4,523

48.5841 USD

common stock

Purchase

2,199

48.6457 USD

common stock

Purchase

2,094

48.6398 USD

common stock

Purchase

2,008

48.6080 USD

common stock

Purchase

1,500

48.5373 USD

common stock

Purchase

1,377

48.6105 USD

common stock

Purchase

1,354

48.6155 USD

common stock

Purchase

1,155

48.6559 USD

common stock

Purchase

1,044

48.6328 USD

common stock

Purchase

900

48.5655 USD

common stock

Purchase

550

48.6498 USD

common stock

Purchase

484

48.6789 USD

common stock

Purchase

462

48.5620 USD

common stock

Purchase

400

48.5200 USD

common stock

Purchase

318

48.5583 USD

common stock

Purchase

300

48.5633 USD

common stock

Purchase

125

48.6560 USD

common stock

Purchase

102

48.5747 USD

common stock

Purchase

100

48.6100 USD

common stock

Purchase

80

48.5900 USD

common stock

Purchase

43

48.6213 USD

common stock

Purchase

37

49.0500 USD

common stock

Purchase

22

48.7000 USD

common stock

Purchase

10

49.1150 USD

common stock

Purchase

10

48.5550 USD

common stock

Sale

63,951

48.6359 USD

common stock

Sale

47,398

48.6419 USD

common stock

Sale

31,556

48.6299 USD

common stock

Sale

14,274

48.6403 USD

common stock

Sale

13,658

48.5995 USD

common stock

Sale

11,979

48.5623 USD

common stock

Sale

11,311

48.6400 USD

common stock

Sale

9,129

48.6805 USD

common stock

Sale

7,196

48.6536 USD

common stock

Sale

6,542

48.6718 USD

common stock

Sale

5,984

48.5846 USD

common stock

Sale

5,861

48.5908 USD

common stock

Sale

4,980

48.5892 USD

common stock

Sale

3,822

48.6420 USD

common stock

Sale

3,817

48.6828 USD

common stock

Sale

3,643

48.6764 USD

common stock

Sale

3,600

48.5913 USD

common stock

Sale

3,342

48.5897 USD

common stock

Sale

3,246

48.5878 USD

common stock

Sale

2,407

48.5735 USD

common stock

Sale

2,219

49.1000 USD

common stock

Sale

2,198

48.6426 USD

common stock

Sale

2,100

48.5635 USD

common stock

Sale

2,094

48.6398 USD

common stock

Sale

1,693

48.6831 USD

common stock

Sale

1,354

48.6155 USD

common stock

Sale

1,154

48.6819 USD

common stock

Sale

1,136

48.5393 USD

common stock

Sale

1,057

48.6494 USD

common stock

Sale

742

48.6193 USD

common stock

Sale

701

48.7027 USD

common stock

Sale

550

48.6498 USD

common stock

Sale

540

48.6585 USD

common stock

Sale

463

48.5602 USD

common stock

Sale

446

48.6285 USD

common stock

Sale

380

48.5900 USD

common stock

Sale

302

48.6353 USD

common stock

Sale

300

48.5200 USD

common stock

Sale

203

48.5889 USD

common stock

Sale

187

48.6573 USD

common stock

Sale

132

48.4724 USD

common stock

Sale

130

48.6560 USD

common stock

Sale

54

48.5866 USD

common stock

Sale

52

48.4600 USD

common stock

Sale

43

48.7200 USD

common stock

Sale

30

48.6300 USD

common stock

Sale

5

48.5550 USD

common stock

Sale

5

48.4700 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

Increasing Long

866

48.6374 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:

25 Oct 2024

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213