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

The Vanguard Group, Inc. has filed a Form 8.3 regarding its interests in International Paper Company. This disclosure was made in accordance with Rule 8.3 of the Takeover Code. The position concerned was held as of May 31, 2024.

Vanguard holds a significant interest in International Paper Company, owning 40,765,958 common stock shares, which represents 11.74% of the company's relevant securities. Additionally, Vanguard revealed transactions in International Paper Company's common stock, purchasing 7,711 shares and selling 59,169 shares, both at a price of $45.09 per unit.

The disclosure also clarified that there were no indemnity or option arrangements, nor any agreements relating to voting rights of relevant securities. There are also no arrangements or understandings related to options or derivatives.