BRIEF

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

The Vanguard Group, Inc.'s Stake in International Paper Company

The Vanguard Group, Inc. has disclosed its significant position in International Paper Company. The information was provided through a Form 8.3 filing on July 2, 2024, revealing the ownership of 11.71% of International Paper Company's common stock.

The form outlines Vanguard's control over 40,686,898 shares. Additionally, the disclosure includes transactions made on July 1, 2024: a purchase of 18,036 shares at $43.34 per share and a sale of 3,824 shares at the same price.

The filing confirms that there are no cash-settled or stock-settled derivatives involved. Moreover, it states that Vanguard has not entered into any indemnity or option arrangements concerning these securities.

The disclosure also covers Vanguard's agreements and understandings related to voting rights, asserting that there are no such arrangements in place.

R. H.

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