BRIEF

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

The Vanguard Group Discloses Position in International Paper Company

On June 7, 2024, The Vanguard Group, Inc. issued a public disclosure related to its interests and dealings in the securities of International Paper Company. The information was filed under Form 8.3, in compliance with Rule 8.3 of the Takeover Code.

The disclosure detailed that as of June 6, 2024, Vanguard holds 40,864,117 common shares of International Paper Company, representing an 11.77% interest in the company. Additionally, Vanguard made a purchase of 81,098 common shares and sold 3,878 common shares, both at a price of $44.43 per unit.

No cash-settled or stock-settled derivatives, nor rights to subscribe for new securities were reported. Vanguard also confirmed that there are no indemnity agreements, arrangements, or understandings related to the securities of International Paper Company.

R. P.

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