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

The Vanguard Group, Inc. has disclosed its position related to International Paper Company under Rule 8.3 of the Takeover Code. As of January 7, 2025, Vanguard holds 11.88% of common stock in International Paper Company, totaling 41,274,755 shares.

This disclosure includes no additional agreements or arrangements related to options or derivatives for the relevant securities. Moreover, no supplemental form indicating open positions has been attached. Vanguard's position aligns with the Takeover Code requirement for disclosure of interests representing 1% or more in relevant securities.

Additionally, Vanguard is involved in disclosures with another entity, Smith (DS) plc, in connection to the same offeror/offeree. This follows recently executed transactions including buying 25,270 shares and selling 10,617 shares of common stock at a price of 53.61 USD per unit.