BRIEF

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

The Vanguard Group Discloses Position in International Paper Company

On August 20, 2024, The Vanguard Group, Inc. filed a Form 8.3 disclosing its interests in the securities of International Paper Company. This disclosure is in accordance with Rule 8.3 of the Takeover Code.

The disclosure reveals that The Vanguard Group owns and/or controls 40,827,125 shares of common stock in International Paper Company. This represents 11.75% of the company's total stock. Additionally, there are no cash-settled or stock-settled derivatives or other agreements disclosed.

The latest dated position was held on August 19, 2024. The Vanguard Group also indicated disclosures for Smith (DS) plc, another party to the offer.

There have been minor dealings in the common stock, including a purchase of 3,860 shares and a sale of 2,718 shares, both at a price of $47.63 per share.

R. P.

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