BRIEF

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

Vanguard Group Discloses Stake in International Paper Company

The Vanguard Group, Inc. has disclosed its position regarding relevant securities of International Paper Company. This follows Rule 8.3 of the Takeover Code. As of August 1, 2024, Vanguard controls 40,755,432 shares, equating to 11.73% of the common stock.

The disclosure reveals no interests in cash-settled or stock-settled derivatives. Additionally, there have been purchases and sales of International Paper's common stock, with 17,402 shares purchased at $46.63 each and 2,506 shares sold at the same price.

No agreements, arrangements, or understandings involving voting rights, options, or derivatives are reported. Vanguard confirms that there are no indemnity or dealing arrangements in place.

The document concludes without attaching a Supplemental Form 8, as no open stock-settled derivative positions or additional agreements were disclosed.

R. P.

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