The Vanguard Group, Inc.: Disclosure on International Paper Company

The Vanguard Group, Inc. has submitted Form 8.3 in accordance with Rule 8.3 of the Takeover Code. This form reveals significant interests in the securities of the International Paper Company. As of July 16, 2024, Vanguard possesses 40,719,856 shares, amounting to 11.72% of the common stock of International Paper Company.

The disclosure also includes minor transactions. Vanguard purchased 12,430 common shares at $45.51 per unit and sold 883 shares at the same price. All interests and short positions are fully disclosed, with no additional agreements or arrangements regarding these securities.

No indemnities, other dealing arrangements, or agreements for options or derivatives are in place. The disclosure form was published on July 17, 2024, emphasizing Vanguard's significant stock position while maintaining transparency in compliance with regulatory norms.