BRIEF

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

Vanguard Group Discloses Position in International Paper Company

The Vanguard Group, Inc. has made a public opening position disclosure concerning its interest in International Paper Company. According to Form 8.3 of the Takeover Code, the disclosure reveals that Vanguard holds 11.73% of the common stock in International Paper Company, accounting for a total of 40,736,146 shares.

The position was held as of 18 July 2024, with Vanguard purchasing 9,688 shares at a price of $45.87 per unit and selling 3,156 shares at the same rate. There are no additional cash-settled or stock-settled derivative transactions noted in the disclosure.

No indemnity, option arrangements, or other understandings were reported, and no supplemental Form 8 (Open Positions) is attached to this disclosure. The document was officially released on 19 July 2024.

R. P.

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