Form 8.3 - International Paper Company

LONDON, June 28, 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		27th June 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:		2,697,023		0.777%		2,791,212		0.804%
(2) Cash-settled derivatives:		11,638		0.003%		204,926		0.059%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:		637,200		0.183%		22,000		0.006%
TOTAL:		3,345,861		0.963%		3,018,138		0.869%

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	288	42.97
US4601461035	Sale	26	43.20
US4601461035	Purchase	1,935	42.41
US4601461035	Purchase	240	42.33
US4601461035	Sale	9,289	43.02
US4601461035	Purchase	5,628	42.89
US4601461035	Sale	80	43.34
US4601461035	Purchase	80	43.25
US4601461035	Sale	618	43.07
US4601461035	Purchase	440	42.51
US4601461035	Purchase	1	42.69
US4601461035	Sale	938	42.73
US4601461035	Sale	440	43.35
US4601461035	Sale	42	43.23
US4601461035	Purchase	680	42.68
US4601461035	Purchase	3	43.15
US4601461035	Sale	2,952	43.01
US4601461035	Sale	3,372	42.92
US4601461035	Purchase	3,113	42.80
US4601461035	Sale	2,277	42.99
US4601461035	Sale	17,177	43.25
US4601461035	Sale	40,143	43.25
US4601461035	Purchase	57,319	43.25
US4601461035	Purchase	39,621	43.25
US4601461035	Purchase	3,608	43.25
US4601461035	Sale	43,229	43.25
US4601461035	Sale	403,705	43.25
US4601461035	Purchase	403,705	43.25
US4601461035	Purchase	1,443	42.47
US4601461035	Sale	2,814	42.47
US4601461035	Sale	38	42.97
US4601461035	Purchase	600	43.20
US4601461035	Sale	1,577	42.41
US4601461035	Sale	570	42.33
US4601461035	Purchase	24	42.89
US4601461035	Purchase	454	43.34
US4601461035	Sale	1,223	39.83
US4601461035	Sale	611	39.85
US4601461035	Purchase	448,087	43.25
US4601461035	Sale	200	39.86
US4601461035	Sale	1,160	42.51
US4601461035	Sale	569	39.88
US4601461035	Sale	1,153	39.90
US4601461035	Sale	336	39.84
US4601461035	Sale	129	42.69
US4601461035	Purchase	3,212	42.73
US4601461035	Sale	6,618	40.25
US4601461035	Sale	200	40.10
US4601461035	Sale	84	40.13
US4601461035	Purchase	300	43.35
US4601461035	Sale	200	39.89
US4601461035	Sale	100	39.75
US4601461035	Sale	50	40.05
US4601461035	Sale	1,081	40.26
US4601461035	Purchase	340	42.62
US4601461035	Sale	180	42.62
US4601461035	Sale	95	40.12
US4601461035	Sale	3,112	42.92
US4601461035	Purchase	1	42.34
US4601461035	Sale	304	42.34
US4601461035	Sale	50	40.27
US4601461035	Sale	20,038	40.00
US4601461035	Sale	988	40.40
US4601461035	Sale	300	40.43
US4601461035	Purchase	102	42.99
US4601461035	Sale	200	39.87
US4601461035	Sale	200	40.41
US4601461035	Sale	552	40.45
US4601461035	Sale	256	40.54
US4601461035	Sale	29	40.06
US4601461035	Sale	3	40.28
US4601461035	Sale	10	40.09
US4601461035	Sale	8,861	40.60
US4601461035	Sale	12,653	40.66
US4601461035	Sale	217	40.51
US4601461035	Sale	180	40.52
US4601461035	Sale	94	40.48
US4601461035	Sale	21	40.47
US4601461035	Sale	7,661	40.70
US4601461035	Sale	1,660	40.67
US4601461035	Sale	362	40.81
US4601461035	Sale	251	40.53
US4601461035	Sale	50	40.42
US4601461035	Sale	1,699	40.63
US4601461035	Sale	488	40.61
US4601461035	Sale	167	40.62
US4601461035	Sale	762	40.71
US4601461035	Sale	1,600	40.80
US4601461035	Sale	369	40.68
US4601461035	Sale	434	40.99
US4601461035	Sale	228	41.01
US4601461035	Sale	15	41.13
US4601461035	Sale	150	41.84
US4601461035	Sale	50	40.46
US4601461035	Sale	235	40.65
US4601461035	Sale	1,513	41.75
US4601461035	Sale	3,354	41.80
US4601461035	Sale	700	41.74
US4601461035	Sale	22,795	41.50
US4601461035	Sale	859	40.98
US4601461035	Sale	408	41.00
US4601461035	Sale	1,543	40.97
US4601461035	Sale	100	40.91
US4601461035	Sale	394	41.83
US4601461035	Sale	733	41.30
US4601461035	Sale	2,122	41.35
US4601461035	Sale	521	41.39
US4601461035	Sale	10,308	41.44
US4601461035	Sale	50	41.33
US4601461035	Sale	210	41.46
US4601461035	Sale	25,261	41.45
US4601461035	Sale	150	41.51
US4601461035	Sale	100	40.85
US4601461035	Sale	249	41.32
US4601461035	Sale	134	41.70
US4601461035	Sale	8,303	41.40
US4601461035	Sale	100	40.69
US4601461035	Sale	2,970	41.42
US4601461035	Sale	215	41.38
US4601461035	Sale	100	41.73
US4601461035	Sale	100	41.78
US4601461035	Sale	100	40.89
US4601461035	Sale	50	41.77
US4601461035	Sale	100	41.71
US4601461035	Sale	7,233	41.69
US4601461035	Sale	239	41.81
US4601461035	Sale	39	41.34
US4601461035	Sale	4,617	41.47
US4601461035	Sale	200	41.85
US4601461035	Sale	257	40.64
US4601461035	Sale	9,123	41.98
US4601461035	Sale	50	41.82
US4601461035	Sale	9,098	42.00
US4601461035	Sale	3,076	42.01
US4601461035	Sale	1,789	42.04
US4601461035	Sale	191	41.76
US4601461035	Sale	2,376	42.03
US4601461035	Sale	2,766	42.08
US4601461035	Sale	1,577	42.22
US4601461035	Sale	2,891	42.13
US4601461035	Sale	2,095	42.24
US4601461035	Sale	2,669	42.23
US4601461035	Sale	100	40.74
US4601461035	Sale	1,376	42.26
US4601461035	Sale	683	42.27
US4601461035	Sale	2,602	42.25
US4601461035	Sale	1,281	42.28
US4601461035	Sale	1,577	42.30
US4601461035	Sale	1,898	42.29
US4601461035	Purchase	1	42.32
US4601461035	Sale	1,205	42.32
US4601461035	Sale	231	42.35
US4601461035	Sale	323	42.36
US4601461035	Sale	1,797	42.42
US4601461035	Sale	579	42.40
US4601461035	Sale	1,138	42.43
US4601461035	Purchase	62	42.45
US4601461035	Sale	2,559	42.45
US4601461035	Purchase	710	42.48
US4601461035	Sale	4,373	42.48
US4601461035	Sale	3,463	42.46
US4601461035	Sale	1,805	42.44
US4601461035	Sale	1,099	41.41
US4601461035	Purchase	24,784	42.49
US4601461035	Sale	3,959	42.49
US4601461035	Sale	100	40.93
US4601461035	Sale	27,750	42.18
US4601461035	Sale	50,000	41.15
US4601461035	Purchase	1,300	42.38
US4601461035	Sale	676	42.38
US4601461035	Sale	100	42.39
US4601461035	Sale	310	41.52
US4601461035	Sale	301	42.54
US4601461035	Sale	1,521	42.65
US4601461035	Purchase	10	42.64
US4601461035	Sale	913	42.64
US4601461035	Sale	100	40.79
US4601461035	Sale	215	42.63
US4601461035	Sale	91	41.04
US4601461035	Purchase	651	42.55
US4601461035	Sale	1,084	42.20
US4601461035	Sale	39	41.07
US4601461035	Sale	2,760	42.05
US4601461035	Sale	941	42.07
US4601461035	Sale	324	42.31
US4601461035	Sale	5,195	42.12
US4601461035	Sale	3,062	42.09
US4601461035	Sale	3,706	42.02
US4601461035	Sale	3,475	41.99
US4601461035	Sale	1,335	41.49
US4601461035	Sale	216	41.36
US4601461035	Purchase	3,212	42.10
US4601461035	Sale	2,933	42.10
US4601461035	Sale	2,607	42.15
US4601461035	Sale	167	41.43
US4601461035	Sale	1,213	42.19
US4601461035	Sale	1,265	42.21
US4601461035	Sale	804	42.06
US4601461035	Sale	2,762	42.11
US4601461035	Sale	60	41.37
US4601461035	Sale	2,395	42.14
US4601461035	Sale	600	41.48
US4601461035	Sale	775	42.52
US4601461035	Purchase	7,078	42.50
US4601461035	Sale	1,880	42.50
US4601461035	Sale	85	41.31
US4601461035	Sale	7,893	41.72
US4601461035	Purchase	100	42.98
US4601461035	Sale	2,197	41.64
US4601461035	Purchase	258	42.93
US4601461035	Sale	100	42.93
US4601461035	Purchase	100	42.94
US4601461035	Sale	537	42.58
US4601461035	Sale	2,400	42.75
US4601461035	Sale	812	42.76
US4601461035	Purchase	3,212	42.90
US4601461035	Sale	4	42.37
US4601461035	Purchase	4	42.59
US4601461035	Sale	321	42.59
US4601461035	Purchase	152	42.87
US4601461035	Purchase	338	42.82
US4601461035	Purchase	3,000	43.37
US4601461035	Purchase	618	43.29
US4601461035	Purchase	6,004	43.17
US4601461035	Purchase	301	43.32
US4601461035	Purchase	1,924	43.28
US4601461035	Purchase	2,457	43.33
US4601461035	Purchase	100	43.30
US4601461035	Sale	463	42.16
US4601461035	Purchase	709	43.38
US4601461035	Purchase	2,836	43.26
US4601461035	Purchase	900	43.36
US4601461035	Purchase	1	42.53
US4601461035	Sale	713	42.53
US4601461035	Purchase	400	42.84
US4601461035	Sale	127	42.66
US4601461035	Purchase	10	42.77
US4601461035	Purchase	6,998	43.16
US4601461035	Purchase	255	43.13
US4601461035	Purchase	100	43.05
US4601461035	Sale	2,440	41.53
US4601461035	Sale	319	42.17
US4601461035	Sale	117,647	41.55
US4601461035	Purchase	3	42.56
US4601461035	Sale	28	42.56
US4601461035	Purchase	749	43.21
US4601461035	Sale	306	42.97
US4601461035	Sale	1,822	42.89
US4601461035	Sale	1,767	43.34
US4601461035	Purchase	69,621	43.25
US4601461035	Sale	1,489	43.25
US4601461035	Sale	150	43.07
US4601461035	Sale	275	42.73
US4601461035	Sale	977	43.35
US4601461035	Sale	3	42.62
US4601461035	Sale	208	42.68
US4601461035	Sale	41	43.15
US4601461035	Sale	2	42.92
US4601461035	Sale	319	42.80
US4601461035	Sale	570	42.70
US4601461035	Sale	240	42.99
US4601461035	Sale	331	42.24
US4601461035	Sale	362	42.23
US4601461035	Sale	1	42.26
US4601461035	Sale	507	42.25
US4601461035	Sale	357	42.45
US4601461035	Sale	18	42.48
US4601461035	Sale	309	42.49
US4601461035	Sale	516	42.54
US4601461035	Sale	651	42.65
US4601461035	Sale	1,084	42.63
US4601461035	Sale	2,014	42.55
US4601461035	Sale	372	42.20
US4601461035	Sale	18	42.31
US4601461035	Sale	193	42.12
US4601461035	Sale	76	42.19
US4601461035	Sale	1	42.95
US4601461035	Sale	1,414	42.98
US4601461035	Sale	1	42.67
US4601461035	Sale	3,420	42.93
US4601461035	Sale	6,125	42.94
US4601461035	Sale	541	42.58
US4601461035	Sale	1,555	42.57
US4601461035	Sale	1,968	42.72
US4601461035	Sale	678	42.71
US4601461035	Sale	2,741	42.59
US4601461035	Sale	859	42.61
US4601461035	Sale	1,442	42.60
US4601461035	Sale	1,560	42.87
US4601461035	Sale	12	43.45
US4601461035	Sale	39	43.00
US4601461035	Sale	40	42.82
US4601461035	Sale	1,764	42.74
US4601461035	Sale	6,359	43.37
US4601461035	Sale	3,769	43.29
US4601461035	Sale	193	43.18
US4601461035	Sale	1	43.10
US4601461035	Sale	498	43.31
US4601461035	Sale	16	43.32
US4601461035	Sale	350	43.28
US4601461035	Sale	455	43.27
US4601461035	Sale	2,199	43.33
US4601461035	Sale	17	43.39
US4601461035	Sale	24	43.41
US4601461035	Sale	3	43.24
US4601461035	Sale	332	43.30
US4601461035	Sale	1,113	43.38
US4601461035	Sale	1,179	43.26
US4601461035	Sale	7,089	43.36
US4601461035	Sale	29	42.53
US4601461035	Sale	65	43.12
US4601461035	Sale	2,293	43.40
US4601461035	Sale	25	42.84
US4601461035	Sale	110	42.85
US4601461035	Sale	10	43.13
US4601461035	Sale	959	43.06
US4601461035	Sale	1	42.56
US4601461035	Sale	164	43.11
US4601461035	Sale	527	42.81
US4601461035	Sale	2,536	43.42
US4601461035	Sale	6	43.44
US4601461035	Sale	155	43.47
US4601461035	Sale	1	43.46
US4601461035	Sale	5	43.43
US4601461035	Sale	1,100	42.47
US4601461035	Sale	1,191	43.20
US4601461035	Sale	20	42.33
US4601461035	Sale	100	42.89
US4601461035	Sale	805	43.34
US4601461035	Sale	18,558	43.25
US4601461035	Sale	2,675	42.69
US4601461035	Sale	1,449	42.73
US4601461035	Sale	3,670	43.35
US4601461035	Sale	3,149	43.23
US4601461035	Sale	150	42.80
US4601461035	Sale	20	42.34
US4601461035	Sale	2	42.26
US4601461035	Sale	106	42.27
US4601461035	Sale	1,101	42.25
US4601461035	Sale	23	42.30
US4601461035	Sale	427	42.35
US4601461035	Sale	200	42.36
US4601461035	Sale	482	42.42
US4601461035	Sale	100	42.40
US4601461035	Sale	120	42.45
US4601461035	Sale	100	42.44
US4601461035	Purchase	927	42.18
US4601461035	Sale	1,303	42.39
US4601461035	Sale	1,816	42.65
US4601461035	Sale	100	42.20
US4601461035	Sale	100	42.07
US4601461035	Sale	500	42.09
US4601461035	Sale	280	42.21
US4601461035	Sale	557	42.52
US4601461035	Sale	195	42.50
US4601461035	Purchase	275	42.98
US4601461035	Sale	1,332	42.67
US4601461035	Sale	500	42.96
US4601461035	Purchase	251	42.93
US4601461035	Sale	563	42.93
US4601461035	Sale	11	42.94
US4601461035	Sale	100	42.58
US4601461035	Sale	1,298	42.75
US4601461035	Purchase	100	42.76
US4601461035	Sale	20	42.76
US4601461035	Sale	262	42.90
US4601461035	Sale	3,668	42.57
US4601461035	Sale	1,300	42.37
US4601461035	Sale	734	42.72
US4601461035	Sale	20	42.71
US4601461035	Sale	120	42.59
US4601461035	Sale	3,682	42.61
US4601461035	Sale	2,202	42.60
US4601461035	Purchase	300	42.87
US4601461035	Sale	190	42.87
US4601461035	Purchase	233	42.79
US4601461035	Sale	950	42.83
US4601461035	Sale	100	43.45
US4601461035	Purchase	2,063	43.00
US4601461035	Sale	799	42.82
US4601461035	Sale	100	42.74
US4601461035	Sale	354	43.37
US4601461035	Purchase	100	43.29
US4601461035	Sale	100	43.29
US4601461035	Sale	42	43.18
US4601461035	Purchase	100	43.10
US4601461035	Sale	5,191	43.31
US4601461035	Sale	2,650	43.32
US4601461035	Sale	2,336	43.28
US4601461035	Sale	400	43.27
US4601461035	Sale	676	43.33
US4601461035	Sale	1,963	43.39
US4601461035	Sale	2,154	43.24
US4601461035	Sale	1,281	43.30
US4601461035	Sale	2,038	43.38
US4601461035	Sale	1	43.26
US4601461035	Sale	1,713	42.53
US4601461035	Purchase	25	42.78
US4601461035	Sale	100	43.40
US4601461035	Sale	101	42.84
US4601461035	Sale	322	42.66
US4601461035	Purchase	100	43.08
US4601461035	Purchase	60	43.05
US4601461035	Sale	124	43.05
US4601461035	Purchase	100	43.06
US4601461035	Sale	400	42.81
US4601461035	Purchase	146	43.04
US4601461035	Sale	258	43.04
US4601461035	Sale	20	43.61
US4601461035	Sale	100	43.47
US4601461035	Sale	100	43.19
US4601461035	Sale	137	43.21
US4601461035	Sale	526	42.47
US4601461035	Sale	1,265	42.97
US4601461035	Sale	28	43.20
US4601461035	Sale	900	42.41
US4601461035	Sale	2,104	42.33
US4601461035	Sale	870	43.02
US4601461035	Purchase	57	42.89
US4601461035	Purchase	2	43.34
US4601461035	Sale	347	43.34
US4601461035	Purchase	99,493	43.25
US4601461035	Sale	18,793	43.25
US4601461035	Sale	48	43.07
US4601461035	Sale	200	42.51
US4601461035	Sale	1,270	42.69
US4601461035	Sale	223	42.73
US4601461035	Purchase	1,090	43.35
US4601461035	Sale	565	43.35
US4601461035	Purchase	7	42.62
US4601461035	Sale	310	42.62
US4601461035	Purchase	798	43.23
US4601461035	Sale	1,484	43.23
US4601461035	Sale	678	42.68
US4601461035	Sale	42	43.15
US4601461035	Sale	128	43.01
US4601461035	Purchase	24	42.34
US4601461035	Sale	255	42.34
US4601461035	Purchase	4	42.70
US4601461035	Sale	201	42.70
US4601461035	Purchase	1	42.99
US4601461035	Sale	20	42.99
US4601461035	Sale	100	42.04
US4601461035	Sale	200	42.08
US4601461035	Purchase	318	42.22
US4601461035	Sale	100	42.22
US4601461035	Purchase	100	42.26
US4601461035	Sale	8	42.26
US4601461035	Purchase	1,042	42.27
US4601461035	Sale	597	42.27
US4601461035	Purchase	584	42.25
US4601461035	Sale	439	42.25
US4601461035	Purchase	220	42.28
US4601461035	Sale	42	42.28
US4601461035	Sale	340	42.30
US4601461035	Sale	100	42.29
US4601461035	Sale	101	42.32
US4601461035	Sale	1,333	42.35
US4601461035	Sale	173	42.36
US4601461035	Sale	256	42.42
US4601461035	Sale	1,200	42.40
US4601461035	Sale	1,200	42.45
US4601461035	Sale	805	42.48
US4601461035	Purchase	116	42.46
US4601461035	Sale	23	42.46
US4601461035	Sale	10,404	42.44
US4601461035	Sale	1,195	42.49
US4601461035	Purchase	3,011	42.18
US4601461035	Sale	614	42.18
US4601461035	Sale	1,214	42.38
US4601461035	Sale	1,743	42.39
US4601461035	Sale	905	42.54
US4601461035	Sale	352	42.65
US4601461035	Sale	1,125	42.64
US4601461035	Purchase	4	42.63
US4601461035	Sale	459	42.63
US4601461035	Sale	100	42.55
US4601461035	Purchase	100	42.20
US4601461035	Sale	1,841	42.20
US4601461035	Sale	100	42.07
US4601461035	Sale	93	42.15
US4601461035	Purchase	118	42.19
US4601461035	Sale	9	42.19
US4601461035	Purchase	100	42.14
US4601461035	Sale	65	42.14
US4601461035	Sale	200	42.52
US4601461035	Sale	846	42.50
US4601461035	Sale	190	42.95
US4601461035	Sale	100	42.98
US4601461035	Sale	575	42.67
US4601461035	Purchase	1	42.93
US4601461035	Sale	433	42.93
US4601461035	Sale	128	42.94
US4601461035	Sale	100	42.88
US4601461035	Sale	704	42.58
US4601461035	Sale	141	42.75
US4601461035	Sale	118	42.76
US4601461035	Sale	95	43.14
US4601461035	Purchase	1	43.03
US4601461035	Sale	113	43.03
US4601461035	Sale	100	42.90
US4601461035	Sale	171	42.57
US4601461035	Sale	159	42.37
US4601461035	Sale	6,036	42.72
US4601461035	Sale	1,330	42.71
US4601461035	Purchase	1	42.59
US4601461035	Sale	562	42.59
US4601461035	Sale	1,885	42.61
US4601461035	Purchase	2	42.60
US4601461035	Sale	3,052	42.60
US4601461035	Sale	480	42.87
US4601461035	Purchase	100	42.79
US4601461035	Sale	100	42.79
US4601461035	Sale	1,433	42.83
US4601461035	Sale	200	43.45
US4601461035	Purchase	1	43.00
US4601461035	Sale	311	43.00
US4601461035	Purchase	9	42.82
US4601461035	Sale	2,470	42.82
US4601461035	Sale	2,345	42.74
US4601461035	Purchase	306	43.37
US4601461035	Sale	154	43.37
US4601461035	Purchase	2,917	43.29
US4601461035	Sale	6,563	43.29
US4601461035	Sale	302	43.17
US4601461035	Purchase	2	43.18
US4601461035	Sale	147	43.18
US4601461035	Sale	90	43.10
US4601461035	Purchase	1,418	43.31
US4601461035	Sale	1,500	43.31
US4601461035	Purchase	1,352	43.32
US4601461035	Sale	2,668	43.32
US4601461035	Purchase	246	43.28
US4601461035	Sale	4,015	43.28
US4601461035	Purchase	100	43.27
US4601461035	Sale	1,470	43.27
US4601461035	Purchase	753	43.33
US4601461035	Sale	2,782	43.33
US4601461035	Purchase	71	43.39
US4601461035	Sale	134	43.39
US4601461035	Sale	401	43.41
US4601461035	Purchase	767	43.24
US4601461035	Sale	1,114	43.24
US4601461035	Purchase	1,266	43.30
US4601461035	Sale	3,038	43.30
US4601461035	Sale	534	43.38
US4601461035	Purchase	2,276	43.26
US4601461035	Sale	3,150	43.26
US4601461035	Sale	1,124	43.36
US4601461035	Sale	499	42.86
US4601461035	Sale	8	42.91
US4601461035	Sale	106	42.78
US4601461035	Purchase	16	43.40
US4601461035	Sale	322	43.40
US4601461035	Sale	3,214	42.66
US4601461035	Sale	100	42.85
US4601461035	Purchase	3	43.08
US4601461035	Purchase	100	43.16
US4601461035	Sale	3	43.13
US4601461035	Purchase	27	43.06
US4601461035	Sale	218	42.17
US4601461035	Sale	100	42.56
US4601461035	Sale	1,007	43.11
US4601461035	Sale	400	42.81
US4601461035	Sale	76	43.04
US4601461035	Sale	19	43.61
US4601461035	Sale	29	43.53
US4601461035	Sale	12	43.22
US4601461035	Sale	202	43.44
US4601461035	Sale	100	43.47
US4601461035	Sale	834	43.19
US4601461035	Sale	340	43.21
US4601461035	Sale	6	43.43
US4601461035	Sale	273	43.62
US4601461035	Sale	100	42.47
US4601461035	Purchase	2,235	42.97
US4601461035	Sale	5,481	42.97
US4601461035	Purchase	3,044	42.41
US4601461035	Sale	203	42.33
US4601461035	Purchase	649	43.02
US4601461035	Sale	219	43.02
US4601461035	Purchase	3,090	42.89
US4601461035	Sale	1,861	42.89
US4601461035	Purchase	600	43.34
US4601461035	Purchase	307,605	43.25
US4601461035	Sale	447,689	43.25
US4601461035	Purchase	500	43.07
US4601461035	Sale	200	43.07
US4601461035	Purchase	27,154	39.90
US4601461035	Purchase	100	42.69
US4601461035	Sale	8	42.69
US4601461035	Purchase	5,190	43.35
US4601461035	Sale	12,077	43.35
US4601461035	Purchase	2,150	42.62
US4601461035	Sale	100	42.62
US4601461035	Sale	100	42.68
US4601461035	Sale	112	43.15
US4601461035	Purchase	7,772	43.01
US4601461035	Sale	1,100	43.01
US4601461035	Sale	2,241	42.92
US4601461035	Purchase	1,541	42.80
US4601461035	Sale	36	42.80
US4601461035	Purchase	946	42.34
US4601461035	Sale	400	42.34
US4601461035	Purchase	48	42.70
US4601461035	Sale	200	42.70
US4601461035	Purchase	1,833	42.99
US4601461035	Sale	1,342	42.99
US4601461035	Sale	1,455	41.84
US4601461035	Sale	165	41.75
US4601461035	Sale	17,739	41.80
US4601461035	Sale	270	41.74
US4601461035	Sale	1,366	41.83
US4601461035	Sale	14,437	41.70
US4601461035	Sale	636	41.60
US4601461035	Sale	588	41.58
US4601461035	Sale	200	41.73
US4601461035	Sale	200	41.68
US4601461035	Sale	789	41.78
US4601461035	Sale	1,221	41.86
US4601461035	Sale	2,037	41.88
US4601461035	Sale	727	41.77
US4601461035	Sale	55	41.66
US4601461035	Sale	2,325	41.71
US4601461035	Sale	260	41.69
US4601461035	Sale	1,088	41.81
US4601461035	Sale	832	41.85
US4601461035	Sale	2,293	41.89
US4601461035	Purchase	980	41.98
US4601461035	Sale	409	41.98
US4601461035	Sale	308	41.95
US4601461035	Sale	915	41.90
US4601461035	Sale	1,135	41.82
US4601461035	Purchase	2,521	42.00
US4601461035	Sale	3,066	42.00
US4601461035	Sale	160	42.01
US4601461035	Sale	400	42.04
US4601461035	Sale	180	42.03
US4601461035	Sale	385	42.08
US4601461035	Purchase	50	42.22
US4601461035	Sale	241	42.22
US4601461035	Sale	249	42.13
US4601461035	Purchase	450	42.24
US4601461035	Sale	100	42.24
US4601461035	Purchase	2,077	42.23
US4601461035	Sale	100	42.23
US4601461035	Purchase	1,799	42.26
US4601461035	Sale	391	42.26
US4601461035	Purchase	1,651	42.27
US4601461035	Sale	812	42.25
US4601461035	Purchase	300	42.28
US4601461035	Sale	17	42.28
US4601461035	Sale	53	42.30
US4601461035	Sale	778	41.87
US4601461035	Sale	193	42.35
US4601461035	Sale	14,243	42.42
US4601461035	Purchase	13	42.43
US4601461035	Purchase	918	42.48
US4601461035	Sale	126	42.46
US4601461035	Purchase	100	42.44
US4601461035	Purchase	100	42.49
US4601461035	Purchase	3,988	42.18
US4601461035	Sale	558	42.18
US4601461035	Sale	383	42.38
US4601461035	Purchase	200	42.39
US4601461035	Sale	200	42.54
US4601461035	Purchase	42,761	42.65
US4601461035	Purchase	10,080	42.64
US4601461035	Sale	300	42.64
US4601461035	Sale	198	42.20
US4601461035	Sale	200	42.05
US4601461035	Sale	180	42.07
US4601461035	Sale	38	42.31
US4601461035	Sale	6	42.12
US4601461035	Sale	127	42.09
US4601461035	Purchase	200	41.99
US4601461035	Sale	90	41.99
US4601461035	Sale	128	42.10
US4601461035	Sale	51	42.15
US4601461035	Purchase	257	42.19
US4601461035	Sale	1,039	42.19
US4601461035	Sale	655	42.21
US4601461035	Sale	15	42.06
US4601461035	Sale	93	42.11
US4601461035	Sale	133	42.14
US4601461035	Purchase	1,026	42.52
US4601461035	Sale	207	42.52
US4601461035	Sale	20	42.50
US4601461035	Purchase	8,755	42.95
US4601461035	Sale	4,177	42.95
US4601461035	Sale	1,196	41.72
US4601461035	Purchase	200	39.81
US4601461035	Purchase	2,552	42.98
US4601461035	Sale	1,604	42.98
US4601461035	Purchase	164	42.96
US4601461035	Sale	3,775	42.96
US4601461035	Purchase	215	42.93
US4601461035	Sale	3,880	42.93
US4601461035	Purchase	3,025	42.94
US4601461035	Sale	6,225	42.94
US4601461035	Purchase	387	42.88
US4601461035	Sale	2,143	42.88
US4601461035	Purchase	400	42.58
US4601461035	Sale	400	42.58
US4601461035	Purchase	115	42.75
US4601461035	Sale	1,023	42.75
US4601461035	Purchase	23,571	42.76
US4601461035	Sale	7	42.76
US4601461035	Purchase	2,676	43.03
US4601461035	Purchase	388	42.90
US4601461035	Sale	72	42.90
US4601461035	Sale	23	42.72
US4601461035	Purchase	768	42.71
US4601461035	Sale	120	42.71
US4601461035	Sale	620	42.59
US4601461035	Purchase	9,604	42.60
US4601461035	Sale	261	42.60
US4601461035	Purchase	11,034	42.87
US4601461035	Sale	28	42.87
US4601461035	Sale	49	41.59
US4601461035	Sale	200	41.54
US4601461035	Purchase	1,336	42.79
US4601461035	Purchase	8,228	42.83
US4601461035	Sale	105	42.83
US4601461035	Purchase	10,260	43.00
US4601461035	Sale	176	43.00
US4601461035	Purchase	200	42.82
US4601461035	Sale	171	42.82
US4601461035	Sale	22	41.61
US4601461035	Purchase	4,838	43.37
US4601461035	Sale	200	43.37
US4601461035	Purchase	2,038	43.29
US4601461035	Sale	6,004	43.17
US4601461035	Sale	273	43.10
US4601461035	Purchase	900	43.31
US4601461035	Purchase	200	43.32
US4601461035	Sale	67	41.57
US4601461035	Purchase	500	43.28
US4601461035	Sale	130	41.93
US4601461035	Purchase	400	43.27
US4601461035	Purchase	1,043	43.33
US4601461035	Sale	4,900	43.39
US4601461035	Purchase	550	43.41
US4601461035	Purchase	1,000	43.30
US4601461035	Sale	458	42.16
US4601461035	Purchase	422	43.26
US4601461035	Sale	565	41.67
US4601461035	Sale	155	41.79
US4601461035	Purchase	2,600	43.36
US4601461035	Sale	6,023	43.36
US4601461035	Sale	11	42.86
US4601461035	Purchase	12	42.91
US4601461035	Sale	269	42.91
US4601461035	Purchase	1,015	42.53
US4601461035	Sale	105	42.53
US4601461035	Purchase	92	42.78
US4601461035	Sale	72	43.12
US4601461035	Purchase	10,767	43.40
US4601461035	Sale	100	43.40
US4601461035	Sale	91	41.96
US4601461035	Purchase	33	42.84
US4601461035	Sale	45	42.84
US4601461035	Purchase	352	42.66
US4601461035	Sale	5,086	42.66
US4601461035	Sale	473	41.92
US4601461035	Sale	144	41.97
US4601461035	Sale	177	41.91
US4601461035	Purchase	248	42.85
US4601461035	Sale	6	42.85
US4601461035	Purchase	1,600	43.08
US4601461035	Sale	58	43.08
US4601461035	Purchase	190	43.16
US4601461035	Sale	7,340	43.16
US4601461035	Sale	405	43.13
US4601461035	Sale	2	43.05
US4601461035	Purchase	2,571	43.06
US4601461035	Sale	66	43.06
US4601461035	Sale	11	43.09
US4601461035	Purchase	10,265	39.78
US4601461035	Purchase	695	42.56
US4601461035	Sale	100	42.56
US4601461035	Sale	140	43.11
US4601461035	Sale	4	43.04
US4601461035	Purchase	263	43.61
US4601461035	Purchase	700	43.42
US4601461035	Purchase	700	43.63
US4601461035	Purchase	114	43.19
US4601461035	Purchase	60	43.21
US4601461035	Sale	749	43.21
US4601461035	Purchase	1,930	43.46
US4601461035	Sale	1,700	43.43
US4601461035	Purchase	20,000	39.80
US4601461035	Purchase	20,000	41.41
US4601461035	Sale	39,621	43.25
US4601461035	Purchase	13	43.25
US4601461035	Sale	192	42.26
US4601461035	Sale	200	42.28
US4601461035	Purchase	69	43.25
US4601461035	Sale	69	43.25
US4601461035	Sale	321,328	43.25

(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	85,000	42.50	American	18/10/2024
US4601461035	Call Option	Purchasing	200,000	45.00	American	18/10/2024
US4601461035	Put Option	Purchasing	20,000	41.00	American	05/07/2024
US4601461035	Put Option	Selling	200,000	37.50	American	18/10/2024

(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:		28th June 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	17/01/2025
US4601461035	Call Option	Purchased	300	40.00	American	17/01/2025
US4601461035	Put Option	Purchased	800	32.50	American	17/01/2025
US4601461035	Put Option	Purchased	1,200	35.00	American	19/07/2024
US4601461035	Call Option	Purchased	27,000	37.50	American	19/07/2024
US4601461035	Call Option	Purchased	160,000	42.50	American	20/09/2024
US4601461035	Call Option	Purchased	12,200	45.00	American	17/01/2025
US4601461035	Call Option	Purchased	200,400	45.00	American	18/10/2024
US4601461035	Call Option	Purchased	17,200	45.00	American	20/09/2024
US4601461035	Call Option	Purchased	10,000	50.00	American	20/09/2024
US4601461035	Call Option	Purchased	10,000	47.50	American	20/09/2024
US4601461035	Put Option	Written	200,000	37.50	American	18/10/2024
US4601461035	Put Option	Purchased	20,000	41.00	American	05/07/2024

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/20240628414699/en/

Contacts

Millennium Partners, L.P.