BRIEF

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

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

On September 26, 2024, The Vanguard Group, Inc. released Form 8.3 in compliance with Rule 8.3 of the Takeover Code. The disclosure pertains to its interests in the securities of International Paper Company.

The document reveals that as of September 25, 2024, Vanguard controls a significant portion of International Paper Company's common stock. Specifically, the group holds 40,888,634 shares, accounting for 11.77% of the company's total common stock.

In addition, the form reports recent transactions involving International Paper's common stock. Vanguard purchased 13,075 shares at $48.09 each and executed several sales, including 126,134 shares at the same price.

No indemnity, option arrangements, or other dealings were disclosed. There are also no agreements or understandings relating to the voting rights of these securities beyond those stated.

R. E.

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