BRIEF

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

Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. revealed its position in International Paper Company through a Form 8.3 disclosure, as required by Rule 8.3 of the Takeover Code. The disclosure, dated November 13, 2024, highlights Vanguard's holding of common stock in International Paper Company.

Vanguard controls 40,958,079 shares, representing 11.79% of the company's common stock. The document details transactions made, including a purchase of 25,504 shares and a sale of 43,876 shares, each at a price of 57.31 USD per unit.

No indemnity, option arrangements, or agreements concerning securities transactions or voting rights with any other parties are reported. No supplemental Form 8 is attached to the disclosure.

The takeover panel’s Market Surveillance Unit is available for consultation, ensuring compliance with public disclosure requirements under Rule 8 of the Code. Vanguard's declaration includes the required regulatory contact details.

R. H.

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