BRIEF

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

The Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has released a Form 8.3 under Rule 8.3 of the Takeover Code. The disclosure pertains to relevant securities held in International Paper Company. As of October 3, 2024, Vanguard controls 40,880,069 common stock shares, representing 11.77% of the company's share capital.

The form also details recent trading activity. Vanguard purchased 16,330 common stock at a rate of 47.95 USD each. Concurrently, 5,272 stocks were sold at the same unit price. There are no cash-settled or stock-settled derivatives reported, and no agreements or understandings concerning options or derivatives are mentioned.

No supplemental forms have been attached to the disclosure. The absence of any indemnity or arrangement related to the securities is noted as "none" in the submission.

R. E.

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