Form 8.3 - International Paper Company

LONDON, May 24, 2024--(BUSINESS WIRE)--

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Full name of discloser:		Millennium International Management LP
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree		International Paper Company
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure		23rd May 2024
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A"		Yes, Smith (DS) plc

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:		Common Stock (US4601461035)
		Interests				Short positions
		Number		%		Number		%
(1) Relevant securities owned and/or controlled:		2,531,917		0.729%		1,268,707		0.365%
(2) Cash-settled derivatives:		1,328		0.000%		814,272		0.234%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:		1,238,800		0.357%		462,800		0.133%
TOTAL:		3,772,045		1.086%		2,545,779		0.733%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit (USD)
US4601461035	Sale	66	42.91
US4601461035	Purchase	294	44.16
US4601461035	Sale	7,600	44.16
US4601461035	Sale	1	42.78
US4601461035	Sale	2,747	42.83
US4601461035	Purchase	100	42.82
US4601461035	Sale	4,639	42.81
US4601461035	Sale	5,422	42.80
US4601461035	Sale	66	42.87
US4601461035	Purchase	200	43.17
US4601461035	Sale	1,111	42.89
US4601461035	Purchase	100	42.94
US4601461035	Sale	6,238	42.90
US4601461035	Sale	10,821	42.88
US4601461035	Sale	1,053	42.86
US4601461035	Sale	2	43.23
US4601461035	Purchase	100	43.43
US4601461035	Purchase	200	44.09
US4601461035	Purchase	100	44.19
US4601461035	Purchase	100	44.43
US4601461035	Sale	31,361	44.16
US4601461035	Sale	58	42.82
US4601461035	Sale	2	42.81
US4601461035	Sale	1,725	42.99
US4601461035	Sale	8	43.14
US4601461035	Sale	7,058	42.93
US4601461035	Sale	6	42.73
US4601461035	Sale	1	42.69
US4601461035	Sale	2	43.19
US4601461035	Sale	3	43.01
US4601461035	Purchase	451	43.64
US4601461035	Sale	52	43.10
US4601461035	Sale	18	43.15
US4601461035	Sale	4	43.46
US4601461035	Purchase	262	43.65
US4601461035	Sale	13	42.96
US4601461035	Purchase	387	44.17
US4601461035	Purchase	445	43.75
US4601461035	Sale	1	43.59
US4601461035	Purchase	455	44.02
US4601461035	Purchase	22	44.08
US4601461035	Purchase	17	44.10
US4601461035	Purchase	1	44.09
US4601461035	Purchase	4,504	44.19
US4601461035	Purchase	400	44.14
US4601461035	Purchase	454	44.01
US4601461035	Purchase	945	44.07
US4601461035	Purchase	87	44.25
US4601461035	Purchase	5	44.04
US4601461035	Purchase	2,132	44.20
US4601461035	Purchase	840	44.18
US4601461035	Purchase	125	43.99
US4601461035	Purchase	478	44.36
US4601461035	Purchase	1	44.43
US4601461035	Purchase	875	44.32
US4601461035	Purchase	2	43.63
US4601461035	Purchase	2	44.35
US4601461035	Purchase	6	44.15
US4601461035	Purchase	15	43.95
US4601461035	Purchase	1	44.47
US4601461035	Purchase	3,897	44.22
US4601461035	Purchase	45	44.39
US4601461035	Sale	100	42.91
US4601461035	Sale	10,144	44.16
US4601461035	Purchase	151	43.68
US4601461035	Sale	397	42.78
US4601461035	Sale	200	42.82
US4601461035	Sale	100	42.81
US4601461035	Sale	3,819	43.16
US4601461035	Sale	395	42.79
US4601461035	Purchase	2,876	42.54
US4601461035	Purchase	592	43.17
US4601461035	Purchase	36	43.04
US4601461035	Sale	2,600	42.98
US4601461035	Purchase	400	42.97
US4601461035	Purchase	965	43.13
US4601461035	Sale	1	42.84
US4601461035	Purchase	100	43.30
US4601461035	Sale	200	42.89
US4601461035	Purchase	200	43.06
US4601461035	Sale	200	43.06
US4601461035	Purchase	200	43.05
US4601461035	Purchase	331	43.22
US4601461035	Purchase	100	42.99
US4601461035	Sale	304	42.99
US4601461035	Purchase	668	43.14
US4601461035	Sale	1,062	43.14
US4601461035	Purchase	14	43.25
US4601461035	Sale	567	43.25
US4601461035	Sale	1,278	42.94
US4601461035	Purchase	500	43.07
US4601461035	Sale	300	43.07
US4601461035	Sale	1,190	42.90
US4601461035	Purchase	100	43.02
US4601461035	Sale	1	43.02
US4601461035	Sale	200	42.88
US4601461035	Sale	42	42.93
US4601461035	Sale	100	42.85
US4601461035	Sale	926	42.86
US4601461035	Purchase	400	43.11
US4601461035	Purchase	465	43.01
US4601461035	Sale	2,302	43.01
US4601461035	Sale	1,781	43.40
US4601461035	Purchase	212	43.64
US4601461035	Purchase	409	43.10
US4601461035	Sale	2,145	43.43
US4601461035	Sale	28	43.47
US4601461035	Purchase	188	43.26
US4601461035	Sale	227	43.26
US4601461035	Sale	368	43.15
US4601461035	Purchase	61	43.60
US4601461035	Sale	41	43.65
US4601461035	Sale	827	42.96
US4601461035	Purchase	150	43.61
US4601461035	Sale	300	43.37
US4601461035	Sale	422	43.35
US4601461035	Purchase	100	43.57
US4601461035	Purchase	418	43.28
US4601461035	Sale	1,014	43.28
US4601461035	Purchase	500	43.36
US4601461035	Sale	100	44.17
US4601461035	Purchase	419	43.32
US4601461035	Sale	3	43.77
US4601461035	Purchase	37	43.59
US4601461035	Sale	1,487	44.02
US4601461035	Sale	1,203	44.11
US4601461035	Sale	4,526	44.08
US4601461035	Sale	300	43.93
US4601461035	Sale	1,322	44.09
US4601461035	Sale	1,844	44.23
US4601461035	Purchase	100	43.67
US4601461035	Sale	1,514	44.26
US4601461035	Sale	724	44.01
US4601461035	Sale	1,979	44.07
US4601461035	Sale	108	44.04
US4601461035	Sale	331	44.18
US4601461035	Sale	622	43.99
US4601461035	Sale	1,523	44.33
US4601461035	Sale	1,422	44.34
US4601461035	Sale	100	44.06
US4601461035	Sale	859	44.24
US4601461035	Sale	791	44.05
US4601461035	Sale	4,858	44.13
US4601461035	Sale	100	44.12
US4601461035	Sale	670	44.35
US4601461035	Sale	808	44.38
US4601461035	Sale	650	43.90
US4601461035	Sale	100	43.95
US4601461035	Sale	100	44.40
US4601461035	Sale	300	44.22
US4601461035	Purchase	46	42.91
US4601461035	Purchase	7,247	44.16
US4601461035	Sale	44,449	44.16
US4601461035	Purchase	6	43.73
US4601461035	Purchase	22	43.91
US4601461035	Sale	208	43.91
US4601461035	Purchase	783	42.78
US4601461035	Purchase	328	42.83
US4601461035	Purchase	49	42.74
US4601461035	Purchase	691	42.75
US4601461035	Purchase	32	42.82
US4601461035	Purchase	32	42.60
US4601461035	Purchase	141	42.81
US4601461035	Purchase	2	42.80
US4601461035	Purchase	169	42.79
US4601461035	Sale	4	42.79
US4601461035	Purchase	300	42.92
US4601461035	Purchase	966	42.87
US4601461035	Purchase	698	42.54
US4601461035	Sale	1,642	42.54
US4601461035	Purchase	656	42.76
US4601461035	Purchase	85	43.17
US4601461035	Purchase	400	43.04
US4601461035	Purchase	1,049	42.98
US4601461035	Purchase	448	42.97
US4601461035	Purchase	92	43.00
US4601461035	Sale	2	43.13
US4601461035	Purchase	256	42.84
US4601461035	Purchase	169	42.89
US4601461035	Sale	38	42.89
US4601461035	Purchase	11	43.06
US4601461035	Purchase	24	43.05
US4601461035	Sale	121	43.05
US4601461035	Purchase	648	42.99
US4601461035	Sale	6	42.99
US4601461035	Purchase	138	43.14
US4601461035	Sale	18	43.25
US4601461035	Purchase	15	42.94
US4601461035	Purchase	363	43.07
US4601461035	Purchase	372	42.90
US4601461035	Sale	1,737	42.90
US4601461035	Purchase	224	43.02
US4601461035	Purchase	140	42.95
US4601461035	Sale	16	42.95
US4601461035	Purchase	3	42.88
US4601461035	Purchase	444	42.93
US4601461035	Purchase	1,271	42.85
US4601461035	Purchase	4,136	42.86
US4601461035	Sale	21	42.86
US4601461035	Purchase	100	42.70
US4601461035	Purchase	365	42.77
US4601461035	Purchase	110	42.72
US4601461035	Purchase	361	43.11
US4601461035	Purchase	8	43.50
US4601461035	Sale	151	43.50
US4601461035	Purchase	446	43.23
US4601461035	Purchase	378	43.27
US4601461035	Purchase	10	43.44
US4601461035	Sale	38	43.44
US4601461035	Purchase	555	43.01
US4601461035	Purchase	18	43.20
US4601461035	Purchase	136	43.03
US4601461035	Sale	8	43.48
US4601461035	Purchase	4	43.40
US4601461035	Sale	54	43.40
US4601461035	Sale	28	43.49
US4601461035	Sale	23	43.64
US4601461035	Sale	115	43.42
US4601461035	Sale	126	43.66
US4601461035	Sale	1	43.58
US4601461035	Sale	2	43.10
US4601461035	Sale	1,562	43.43
US4601461035	Sale	52	43.47
US4601461035	Purchase	28	43.46
US4601461035	Sale	169	43.46
US4601461035	Purchase	58	43.33
US4601461035	Sale	912	43.33
US4601461035	Sale	375	43.31
US4601461035	Sale	70	43.53
US4601461035	Purchase	183	43.21
US4601461035	Sale	135	43.60
US4601461035	Purchase	536	42.96
US4601461035	Sale	17	43.61
US4601461035	Sale	27	43.45
US4601461035	Purchase	108	43.41
US4601461035	Sale	549	43.41
US4601461035	Sale	13	43.51
US4601461035	Purchase	100	43.37
US4601461035	Sale	4,006	43.37
US4601461035	Sale	1,010	43.35
US4601461035	Sale	598	43.57
US4601461035	Purchase	6	43.56
US4601461035	Sale	121	43.56
US4601461035	Purchase	6	43.62
US4601461035	Sale	62	43.55
US4601461035	Purchase	9	43.54
US4601461035	Sale	13	43.54
US4601461035	Purchase	26	44.17
US4601461035	Sale	400	44.17
US4601461035	Purchase	100	43.32
US4601461035	Sale	100	43.32
US4601461035	Purchase	6	43.77
US4601461035	Purchase	4	43.75
US4601461035	Sale	6	43.75
US4601461035	Sale	228	43.39
US4601461035	Sale	9	43.59
US4601461035	Sale	31	43.86
US4601461035	Sale	55	44.11
US4601461035	Purchase	1,090	44.08
US4601461035	Sale	6,043	44.08
US4601461035	Sale	12	43.82
US4601461035	Purchase	434	44.10
US4601461035	Sale	104	44.10
US4601461035	Sale	217	43.93
US4601461035	Purchase	105	44.09
US4601461035	Sale	1,264	44.09
US4601461035	Purchase	12	44.19
US4601461035	Sale	510	44.19
US4601461035	Purchase	57	44.23
US4601461035	Sale	179	44.23
US4601461035	Sale	3,002	44.21
US4601461035	Sale	3,353	44.26
US4601461035	Sale	146	43.38
US4601461035	Sale	33	43.87
US4601461035	Purchase	39	44.14
US4601461035	Sale	477	44.14
US4601461035	Sale	341	44.01
US4601461035	Sale	1,153	44.07
US4601461035	Purchase	6	44.25
US4601461035	Purchase	71	44.04
US4601461035	Sale	2,404	44.04
US4601461035	Sale	1	44.20
US4601461035	Purchase	17	44.18
US4601461035	Sale	100	44.18
US4601461035	Sale	415	44.27
US4601461035	Sale	44	43.72
US4601461035	Sale	1	44.36
US4601461035	Purchase	100	44.34
US4601461035	Sale	6,263	44.06
US4601461035	Purchase	34	44.43
US4601461035	Sale	150	44.43
US4601461035	Sale	1,170	44.29
US4601461035	Sale	783	44.24
US4601461035	Purchase	175	44.05
US4601461035	Sale	1,519	44.05
US4601461035	Sale	129	43.80
US4601461035	Purchase	11	43.88
US4601461035	Purchase	116	44.13
US4601461035	Sale	326	44.13
US4601461035	Purchase	64	44.32
US4601461035	Purchase	4	43.81
US4601461035	Sale	386	44.12
US4601461035	Purchase	80	44.35
US4601461035	Sale	194	43.71
US4601461035	Purchase	100	44.28
US4601461035	Sale	95	44.28
US4601461035	Purchase	6	44.15
US4601461035	Sale	28	44.15
US4601461035	Sale	405	44.46
US4601461035	Purchase	879	44.03
US4601461035	Sale	1,701	44.03
US4601461035	Sale	115	44.38
US4601461035	Sale	43	43.97
US4601461035	Sale	17	43.92
US4601461035	Purchase	18	44.00
US4601461035	Sale	68	44.00
US4601461035	Purchase	194	43.95
US4601461035	Sale	482	43.95
US4601461035	Sale	200	44.47
US4601461035	Purchase	251	43.24
US4601461035	Sale	185	43.96
US4601461035	Sale	44	43.74
US4601461035	Purchase	44	44.40
US4601461035	Sale	20	44.40
US4601461035	Purchase	3	44.31
US4601461035	Sale	100	44.31
US4601461035	Purchase	2	44.22
US4601461035	Purchase	2	44.39
US4601461035	Purchase	12	44.42
US4601461035	Sale	300	44.42
US4601461035	Purchase	100	43.85
US4601461035	Purchase	64	43.84
US4601461035	Sale	214	43.98
US4601461035	Sale	22	44.30
US4601461035	Purchase	12	43.70
US4601461035	Sale	887	42.37
US4601461035	Sale	416	42.35
US4601461035	Sale	655	42.36
US4601461035	Sale	1,330	42.34
US4601461035	Sale	1,496	42.40
US4601461035	Sale	2,118	42.38
US4601461035	Purchase	2,667	42.91
US4601461035	Sale	753	42.91
US4601461035	Sale	196	42.30
US4601461035	Sale	480	42.31
US4601461035	Sale	5,974	42.32
US4601461035	Purchase	8,469	44.16
US4601461035	Sale	100	44.16
US4601461035	Purchase	200	43.91
US4601461035	Sale	100	42.28
US4601461035	Sale	261	42.48
US4601461035	Sale	1,672	42.47
US4601461035	Sale	90	42.45
US4601461035	Sale	155	42.49
US4601461035	Sale	874	42.39
US4601461035	Sale	56	42.51
US4601461035	Sale	250	42.44
US4601461035	Sale	50	42.41
US4601461035	Purchase	872	42.78
US4601461035	Sale	1,943	42.78
US4601461035	Purchase	2,426	42.83
US4601461035	Sale	1,125	42.83
US4601461035	Sale	659	42.74
US4601461035	Sale	550	42.53
US4601461035	Sale	303	42.61
US4601461035	Purchase	129	42.75
US4601461035	Sale	1,212	42.75
US4601461035	Sale	742	42.55
US4601461035	Sale	647	42.62
US4601461035	Sale	90	42.59
US4601461035	Purchase	100	42.68
US4601461035	Sale	300	42.68
US4601461035	Purchase	2,981	42.82
US4601461035	Sale	1,928	42.82
US4601461035	Sale	1,183	42.63
US4601461035	Sale	1,463	42.60
US4601461035	Purchase	1,787	42.81
US4601461035	Sale	2,826	42.81
US4601461035	Sale	1,023	42.56
US4601461035	Purchase	532	42.80
US4601461035	Sale	2,515	42.80
US4601461035	Sale	400	42.66
US4601461035	Purchase	1,000	43.09
US4601461035	Sale	282	43.09
US4601461035	Purchase	800	43.16
US4601461035	Sale	199	43.16
US4601461035	Purchase	340	42.79
US4601461035	Sale	1,660	42.79
US4601461035	Purchase	1,541	42.92
US4601461035	Sale	542	42.92
US4601461035	Purchase	1,803	42.87
US4601461035	Sale	1,043	42.87
US4601461035	Sale	136	42.58
US4601461035	Purchase	384	42.54
US4601461035	Sale	664	42.54
US4601461035	Purchase	860	42.76
US4601461035	Sale	716	42.76
US4601461035	Purchase	200	43.17
US4601461035	Sale	381	43.17
US4601461035	Purchase	222	43.04
US4601461035	Sale	100	43.04
US4601461035	Purchase	3,887	42.98
US4601461035	Sale	181	42.98
US4601461035	Purchase	8,534	42.97
US4601461035	Sale	400	42.97
US4601461035	Purchase	8,226	43.00
US4601461035	Sale	100	43.00
US4601461035	Purchase	1,576	43.13
US4601461035	Sale	100	43.13
US4601461035	Purchase	1,607	42.84
US4601461035	Sale	238	42.84
US4601461035	Purchase	2,694	43.30
US4601461035	Sale	200	43.30
US4601461035	Purchase	1,411	42.89
US4601461035	Sale	500	42.89
US4601461035	Purchase	3,018	43.06
US4601461035	Purchase	7,845	42.25
US4601461035	Purchase	4,625	43.05
US4601461035	Sale	100	43.05
US4601461035	Purchase	2,398	43.22
US4601461035	Sale	332	43.22
US4601461035	Sale	50	42.43
US4601461035	Purchase	1,807	42.99
US4601461035	Sale	100	42.99
US4601461035	Purchase	716	43.14
US4601461035	Sale	100	43.14
US4601461035	Purchase	984	43.25
US4601461035	Sale	406	42.94
US4601461035	Purchase	100	43.07
US4601461035	Sale	218	43.07
US4601461035	Purchase	1,278	42.90
US4601461035	Sale	824	42.90
US4601461035	Purchase	800	43.02
US4601461035	Sale	224	43.02
US4601461035	Purchase	72	42.24
US4601461035	Purchase	471	42.15
US4601461035	Purchase	1,100	42.95
US4601461035	Sale	600	42.95
US4601461035	Purchase	256	42.16
US4601461035	Purchase	40	42.22
US4601461035	Purchase	2,355	42.88
US4601461035	Sale	500	42.88
US4601461035	Purchase	1,370	42.93
US4601461035	Sale	544	42.93
US4601461035	Purchase	806	42.85
US4601461035	Sale	660	42.85
US4601461035	Purchase	303	42.86
US4601461035	Sale	440	42.86
US4601461035	Sale	700	42.70
US4601461035	Sale	162	42.67
US4601461035	Purchase	100	42.73
US4601461035	Sale	100	42.73
US4601461035	Purchase	2,841	42.77
US4601461035	Sale	954	42.77
US4601461035	Sale	200	42.72
US4601461035	Sale	300	42.69
US4601461035	Purchase	433	42.71
US4601461035	Sale	801	42.71
US4601461035	Sale	198	43.18
US4601461035	Purchase	170	43.19
US4601461035	Sale	40	43.19
US4601461035	Purchase	5,122	43.11
US4601461035	Purchase	2,830	43.12
US4601461035	Purchase	2,720	43.29
US4601461035	Purchase	1,105	43.50
US4601461035	Purchase	1,446	43.23
US4601461035	Purchase	1,210	43.27
US4601461035	Sale	200	43.27
US4601461035	Purchase	133	43.01
US4601461035	Sale	100	43.01
US4601461035	Purchase	9,252	43.20
US4601461035	Purchase	317	43.03
US4601461035	Sale	131	43.03
US4601461035	Purchase	693	43.48
US4601461035	Purchase	898	43.40
US4601461035	Purchase	243	43.49
US4601461035	Purchase	100	43.64
US4601461035	Sale	373	42.64
US4601461035	Purchase	58	43.66
US4601461035	Purchase	164	43.58
US4601461035	Purchase	2,573	43.10
US4601461035	Purchase	57	43.43
US4601461035	Purchase	200	43.47
US4601461035	Purchase	500	43.26
US4601461035	Sale	38	42.46
US4601461035	Purchase	1,982	43.15
US4601461035	Purchase	629	43.46
US4601461035	Purchase	3,134	43.08
US4601461035	Purchase	1,511	43.33
US4601461035	Purchase	155	43.31
US4601461035	Purchase	24	43.34
US4601461035	Purchase	810	42.13
US4601461035	Purchase	369	43.53
US4601461035	Purchase	100	43.60
US4601461035	Purchase	300	43.65
US4601461035	Purchase	6,974	42.96
US4601461035	Sale	263	42.96
US4601461035	Purchase	638	43.61
US4601461035	Purchase	110	43.45
US4601461035	Purchase	137	43.41
US4601461035	Purchase	200	43.52
US4601461035	Purchase	201	43.51
US4601461035	Sale	49	43.51
US4601461035	Purchase	347	43.35
US4601461035	Purchase	7	43.56
US4601461035	Purchase	9	43.62
US4601461035	Purchase	1,674	43.28
US4601461035	Purchase	577	43.55
US4601461035	Purchase	2,860	44.17
US4601461035	Purchase	1,030	43.32
US4601461035	Purchase	300	43.77
US4601461035	Purchase	100	43.75
US4601461035	Purchase	1,024	43.39
US4601461035	Purchase	106	43.59
US4601461035	Purchase	2	44.02
US4601461035	Purchase	2,854	44.11
US4601461035	Purchase	9,339	44.08
US4601461035	Sale	82	44.08
US4601461035	Purchase	5,585	44.10
US4601461035	Purchase	352	43.93
US4601461035	Purchase	2,516	44.09
US4601461035	Purchase	22	44.19
US4601461035	Purchase	101	44.23
US4601461035	Purchase	105	44.26
US4601461035	Sale	100	43.38
US4601461035	Purchase	494	43.87
US4601461035	Purchase	1,023	44.14
US4601461035	Purchase	5,795	44.01
US4601461035	Sale	492	44.01
US4601461035	Purchase	12,329	44.07
US4601461035	Purchase	9,253	44.04
US4601461035	Purchase	100	44.20
US4601461035	Purchase	17,565	44.18
US4601461035	Purchase	314	43.99
US4601461035	Purchase	100	43.72
US4601461035	Purchase	11,843	44.06
US4601461035	Purchase	281	44.43
US4601461035	Purchase	1,026	44.05
US4601461035	Sale	96	44.05
US4601461035	Purchase	88	43.80
US4601461035	Purchase	300	43.94
US4601461035	Purchase	300	43.88
US4601461035	Purchase	16,203	44.13
US4601461035	Sale	82	44.13
US4601461035	Purchase	896	44.32
US4601461035	Purchase	5,625	44.12
US4601461035	Sale	20	44.12
US4601461035	Purchase	509	44.35
US4601461035	Purchase	100	44.45
US4601461035	Purchase	1,312	44.15
US4601461035	Purchase	608	44.03
US4601461035	Purchase	304	43.89
US4601461035	Purchase	500	43.97
US4601461035	Purchase	417	43.92
US4601461035	Purchase	233	43.90
US4601461035	Purchase	3,614	44.00
US4601461035	Purchase	23	43.96
US4601461035	Purchase	200	43.74
US4601461035	Purchase	91	44.31
US4601461035	Purchase	200	44.22
US4601461035	Purchase	142	43.98
US4601461035	Sale	50	42.33
US4601461035	Purchase	8,000	45.10
US4601461035	Sale	5,000	42.80
US4601461035	Sale	51	44.16
US4601461035	Sale	22	44.16
US4601461035	Purchase	4	42.91
US4601461035	Purchase	8,871	44.16
US4601461035	Purchase	1,159	43.73
US4601461035	Purchase	108	43.68
US4601461035	Sale	310	43.68
US4601461035	Purchase	466	43.91
US4601461035	Sale	462	43.06
US4601461035	Sale	392	43.22
US4601461035	Sale	43	42.90
US4601461035	Sale	956	43.80

(b) Cash-settled derivative transactions

Class of relevant security		Product description e.g. CFD		Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position		Number of reference securities		Price per unit

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit (USD)	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
US4601461035	Call Option	Selling	10,000	42.50	American	6/21/2024

(ii) Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit (USD)

(d) Other dealings (including subscribing for new securities)

Class of relevant security		Nature of dealing e.g. subscription, conversion		Details		Price per unit (if applicable)

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

NONE

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

NONE

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:		24th May 2024
Contact name:		Stephen Glasper
Telephone number:		+44 203 398 2166

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

1. KEY INFORMATION

Full name of person making disclosure:	Millennium International Management LP
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	International Paper Company

2. STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit (USD)	Type e.g. American, European etc.	Expiry date
US4601461035	Call Option	Purchased	100	35.00	American	1/17/2025
US4601461035	Call Option	Purchased	300	40.00	American	1/17/2025
US4601461035	Put Option	Purchased	800	32.50	American	1/17/2025
US4601461035	Put Option	Purchased	800	35.00	American	6/21/2024
US4601461035	Put Option	Purchased	1,200	35.00	American	7/19/2024
US4601461035	Call Option	Purchased	27,000	37.50	American	7/19/2024
US4601461035	Call Option	Written	300,000	50.00	American	10/18/2024
US4601461035	Call Option	Purchased	429,800	42.50	American	6/21/2024
US4601461035	Call Option	Purchased	300,000	42.50	American	10/18/2024
US4601461035	Put Option	Written	125,000	37.50	American	6/21/2024
US4601461035	Call Option	Purchased	12,200	45.00	American	1/17/2025
US4601461035	Call Option	Purchased	400	45.00	American	10/18/2024
US4601461035	Call Option	Purchased	83,400	46.00	European	5/24/2024
US4601461035	Put Option	Written	83,400	46.00	European	5/24/2024
US4601461035	Call Option	Purchased	160,000	42.50	American	9/20/2024
US4601461035	Call Option	Written	160,000	50.00	American	9/20/2024
US4601461035	Call Option	Purchased	17,200	45.00	American	9/20/2024

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to cash-settled derivatives.

The currency of all prices and other monetary amounts should be stated.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240524100281/en/

Contacts

Millennium Partners, L.P.