BRIEF

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

The Vanguard Group Discloses Position in International Paper Company

On July 12, 2024, The Vanguard Group, Inc. released its Form 8.3 regarding interests in the International Paper Company. This disclosure was made in accordance with Rule 8.3 of the Takeover Code.

The Vanguard Group, Inc. reported a 11.72% interest in the International Paper Company, amounting to 40,705,662 shares. The disclosure reflects the position held as of July 11, 2024. Additionally, the form indicates dealings with Smith (DS) plc.

Recent transactions by The Vanguard Group included the purchase of 11,623 shares and the sale of 5,815 shares of common stock, with each transaction priced at 42.91 USD per unit.

No arrangements or agreements related to options, derivatives, or other inducements to deal were reported. Also, there are no agreements impacting voting rights or future acquisitions tied to derivatives.

R. P.

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