The Vanguard Group's Disclosure on International Paper Company

The Vanguard Group, Inc. has made a disclosure under the rules of the Takeover Code. This involves its interests in the securities of International Paper Company. As of October 23, 2024, Vanguard holds 40,932,991 shares, representing an 11.79% stake in the company.

The disclosure also notes Vanguard's engagement with another party, Smith (DS) plc, related to this matter. Transactions include the purchase and sale of common stock. Specifically, 5,776 shares were purchased and 1,805 sold at a price of $49.05 per share, indicating active management of their positions.

No derivative positions or other complex financial instruments have been reported. Furthermore, Vanguard stated there are no indemnity or other arrangements concerning the securities in question, and no agreements affecting voting rights or future dealings.