The Vanguard Group's Disclosure on International Paper Company

The Vanguard Group, Inc. has disclosed its positions related to International Paper Company, indicating a holding of 11.78% of its common stock, equivalent to 40,926,724 shares. This disclosure aligns with Rule 8.3 of the Takeover Code, requiring transparency from stakeholders holding 1% or more of relevant securities.

Furthermore, Vanguard reported recent trades involving International Paper's common stock, including a purchase of 7,456 shares at $47.29 each and sales totaling 8,943 shares at prices up to $48.15. It also mentioned involvement in another related party, Smith (DS) plc.

No derivative transactions or rights to subscribe to new securities were highlighted, and there are no existing agreements or understandings impacting the disclosure.