BRIEF

on The Vanguard Group, Inc. (isin : US12572Q1058)

The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has made a public disclosure under Form 8.3 regarding its interests in the International Paper Company. As of October 14, 2024, Vanguard holds 11.78% of the common stock of the company, totaling 40,905,288 shares. This declaration comes as part of the regulations outlined in Rule 8.3 of the Takeover Code.

In recent transactions, Vanguard purchased 5,198 shares and sold 1,288 shares, both at a unit price of 48.08 USD. This disclosure also covers dealings with Smith (DS) plc. No agreements, arrangements, or understandings related to options or derivatives were reported.

The statement clarifies that no indemnities or other inducements for dealings exist in the context of this disclosure. Additionally, there is no supplemental form attached, indicating no other open positions to declare.

R. E.

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