BRIEF

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

Vanguard's Position in International Paper Revealed

The Vanguard Group, Inc. has disclosed its interest in International Paper Company, complying with Rule 8.3 of the Takeover Code. The disclosure, dated October 2, 2024, details Vanguard's positions relating to holdings in International Paper’s common stock. Vanguard holds 40,869,011 shares, representing 11.77% of International Paper's common stock.

Additionally, the disclosure reveals transactions involving common stock purchases and sales. Specifically, 23,097 shares were purchased at $48.11 per share, while 4,476 shares were sold at the same price. No cash-settled or stock-settled derivatives were reported, and there are no positions disclosed for other securities such as options.

No indemnities, options, or significant agreements affecting voting rights or future securities transactions were reported. The form did not require a Supplemental Form 8 attachment to indicate any open positions.

R. P.

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