BRIEF

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

Vanguard Group's Recent Activity in International Paper Company Shares

The Vanguard Group, Inc. disclosed their latest holdings in International Paper Company as per the recent Form 8.3 filing required under the Takeover Code. As of 24 April 2024, the investment firm held 40,683,797 shares, constituting an 11.71% ownership. This disclosure is part of a broader requirement for any entity with interests in securities representing 1% or more.

The document also detailed the latest transactions involving International Paper's shares. The Vanguard Group purchased 13,179 shares and sold 2,688 shares, each transaction priced at $34.43. Additionally, the disclosure included dealing in securities of another entity, Smith (DS) plc, but specific details regarding this were not provided.

No new rights to subscribe for new securities were reported, and no agreements or arrangements concerning the voting rights of the shares were disclosed. The filing reiterated the absence of any indemnity or dealing arrangements that might influence trading activities.

R. H.

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