BRIEF

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

The Vanguard Group, Inc. Discloses Interests in International Paper Company

The Vanguard Group, Inc. has filed Form 8.3, revealing its interests in International Paper Company. As of July 9, 2024, Vanguard owns and controls 40,697,825 shares, representing 11.72% of International Paper's common stock. This disclosure is required under Rule 8.3 of the Takeover Code.

In recent transactions, Vanguard purchased 5,163 shares at $42.55 per unit and 347 shares at $43.00 per unit. Additionally, 2,369 shares were sold at $42.55 per unit. No cash-settled or stock-settled derivatives were involved in this disclosure.

No indemnity or other dealing arrangements are reported by Vanguard. Similarly, there are no agreements, arrangements, or understandings related to options or derivatives.

R. H.

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