BRIEF

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

Vanguard Group Discloses Significant Position in International Paper

The Vanguard Group, Inc. has revealed its significant holding in International Paper Company as per the requirements of Form 8.3. The disclosure, dated 10th December 2024, shows that Vanguard holds 11.84% of International Paper's common stock, amounting to 41,123,331 shares.

This disclosure, made under the Takeover Code rules, is part of Vanguard's regulated communication of their interests, exceeding 1% in relevant securities. The disclosure also mentions Smith (DS) plc as another entity of interest.

In recent transactions, Vanguard purchased 12,635 shares and sold 19,788 shares of International Paper at USD 55.78 per unit. The document confirms no derivative-related agreements affecting voting rights or future securities transactions are in place, nor are any open positions filed in Supplemental Form 8.

R. E.

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