BRIEF

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

The Vanguard Group's Position on International Paper Company Shares

The Vanguard Group, Inc. has disclosed its position regarding its interests in International Paper Company securities. As per Form 8.3, Vanguard holds 40,942,948 common stocks, representing an 11.79% stake in the company. Disclosure under Rule 8.3 of the Takeover Code is mandated when a party's interest in relevant securities amounts to 1% or more.

The disclosure outlines Vanguard's trading activities involving common stock, with recent transactions including the purchase of 4,868 shares and the sale of 5,159 shares at a price of 48.57 USD per unit. No additional agreements, options, or derivatives concerning these securities are reported. The date of the position held is specified as 25 October 2024, with the disclosure filed on 28 October 2024.

R. P.

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