Vanguard Discloses Position in International Paper Company

The Vanguard Group, Inc. has disclosed its position in International Paper Company as per Form 8.3 under Rule 8.3 of the Takeover Code. As of the latest practicable date, 27 December 2024, Vanguard holds an interest in 41,171,001 shares of common stock, representing an 11.85% position in the company. This disclosure also includes Vanguard's dealings in Smith (DS) plc.

Recent activity shows Vanguard engaged in purchases and sales of International Paper's common stock. Purchases included 27,802 and 705 shares at prices of $54.49 and $54.93 USD, respectively, while 5,619 shares were sold at $54.49 USD per share. There are no cash-settled or stock-settled derivatives, nor are there any agreements or arrangements concerning the securities that might induce dealings.

The disclosure indicates no additional agreements or arrangements regarding voting rights or the future acquisition or disposal of relevant securities. Supplemental Form 8, detailing open positions, is not attached.