National Storage Mechanism | Additional information

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:	SOCIETE GENERALE SA
(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	05/08/2024
(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
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	300,141	0.09	58,959	0.02
(2) Cash-settled derivatives:	2,070	0.00	1,081	0.00
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	17,200	0.00	0	0.00
TOTAL:	319,411	0.09	60,040	0.02

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
common stock	Purchase	45	44.43
common stock	Purchase	455	44.43
common stock	Purchase	300	44.43
common stock	Purchase	5	44.3
common stock	Purchase	6	43.75
common stock	Purchase	6	44.17
common stock	Purchase	6	44.19
common stock	Purchase	26	44.19
common stock	Purchase	68	44.19
common stock	Purchase	94	43.75
common stock	Purchase	94	44.17
common stock	Purchase	95	44.3
common stock	Purchase	100	43.82
common stock	Purchase	100	43.9
common stock	Purchase	100	43.9
common stock	Purchase	100	43.94
common stock	Purchase	100	43.95
common stock	Purchase	100	43.95
common stock	Purchase	100	43.96
common stock	Purchase	100	43.98
common stock	Purchase	100	43.98
common stock	Purchase	100	44.03
common stock	Purchase	100	44.16
common stock	Purchase	100	44.18
common stock	Purchase	100	44.19
common stock	Purchase	100	44.2
common stock	Purchase	100	44.2
common stock	Purchase	100	44.21
common stock	Purchase	100	44.22
common stock	Purchase	100	44.23
common stock	Purchase	100	44.25
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.35
common stock	Purchase	100	44.37
common stock	Purchase	100	44.39
common stock	Purchase	2	43.9
common stock	Purchase	20	44.18
common stock	Purchase	80	44.18
common stock	Purchase	98	43.9
common stock	Purchase	100	43.98
common stock	Purchase	100	44.17
common stock	Purchase	100	44.21
common stock	Purchase	100	44.28
common stock	Purchase	100	44.35
common stock	Purchase	100	44.18
common stock	Purchase	100	44.21
common stock	Purchase	100	44.28
common stock	Purchase	1	44.23
common stock	Purchase	3	44.3
common stock	Purchase	6	44.18
common stock	Purchase	8	44.18
common stock	Purchase	9	43.87
common stock	Purchase	11	44.24
common stock	Purchase	14	43.96
common stock	Purchase	32	44.02
common stock	Purchase	38	44.02
common stock	Purchase	38	44.3
common stock	Purchase	50	44.27
common stock	Purchase	59	44.3
common stock	Purchase	86	43.96
common stock	Purchase	89	44.24
common stock	Purchase	91	43.87
common stock	Purchase	94	44.18
common stock	Purchase	99	44.23
common stock	Purchase	100	43.84
common stock	Purchase	100	43.98
common stock	Purchase	100	44.09
common stock	Purchase	100	44.17
common stock	Purchase	100	44.18
common stock	Purchase	100	44.19
common stock	Purchase	100	44.19
common stock	Purchase	100	44.2
common stock	Purchase	100	44.21
common stock	Purchase	100	44.22
common stock	Purchase	100	44.22
common stock	Purchase	100	44.29
common stock	Purchase	100	44.3
common stock	Purchase	200	44.38
common stock	Purchase	6	44.25
common stock	Purchase	14	44.25
common stock	Purchase	30	44.25
common stock	Purchase	50	44.25
common stock	Purchase	100	43.88
common stock	Purchase	100	43.88
common stock	Purchase	100	43.97
common stock	Purchase	100	44
common stock	Purchase	100	44.17
common stock	Purchase	100	44.18
common stock	Purchase	100	44.19
common stock	Purchase	100	44.21
common stock	Purchase	100	44.21
common stock	Purchase	100	44.22
common stock	Purchase	100	44.29
common stock	Purchase	100	44.3
common stock	Purchase	100	44.38
common stock	Purchase	2,060	44.43
common stock	Purchase	1,832	45.4668
common stock	Purchase	250	44.25
common stock	Purchase	128	44.25
common stock	Purchase	1	44.24
common stock	Purchase	2	43.41
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.505
common stock	Purchase	2	43.62
common stock	Purchase	3	43.87
common stock	Purchase	6	43.325
common stock	Purchase	8	43.62
common stock	Purchase	8	43.62
common stock	Purchase	8	43.69
common stock	Purchase	11	44.52
common stock	Purchase	12	43.87
common stock	Purchase	13	43.6
common stock	Purchase	17	44.23
common stock	Purchase	18	43.72
common stock	Purchase	19	43.41
common stock	Purchase	20	43.67
common stock	Purchase	20	43.68
common stock	Purchase	20	44.24
common stock	Purchase	22	43.755
common stock	Purchase	53	43.45
common stock	Purchase	181	44.02
common stock	Purchase	1	44.08
common stock	Purchase	2	44.07
common stock	Purchase	2	44.1
common stock	Purchase	2	44.12
common stock	Purchase	2	44.2
common stock	Purchase	2	44.28
common stock	Purchase	3	44.3
common stock	Purchase	8	44.02
common stock	Purchase	8	44.14
common stock	Purchase	8	44.19
common stock	Purchase	10	44.3
common stock	Purchase	15	43.82
common stock	Purchase	15	44.3
common stock	Purchase	17	44.05
common stock	Purchase	17	44.22
common stock	Purchase	20	44.19
common stock	Purchase	22	44.17
common stock	Purchase	23	44.12
common stock	Purchase	25	44.06
common stock	Purchase	25	44.17
common stock	Purchase	27	44.3
common stock	Purchase	35	44.12
common stock	Purchase	42	44.02
common stock	Purchase	42	44.3
common stock	Purchase	43	44.26
common stock	Purchase	45	44.28
common stock	Purchase	46	44.15
common stock	Purchase	50	44.24
common stock	Purchase	50	44.3
common stock	Purchase	51	44.08
common stock	Purchase	51	44.08
common stock	Purchase	51	44.1
common stock	Purchase	52	44.3
common stock	Purchase	54	44.15
common stock	Purchase	54	44.38
common stock	Purchase	54	44.38
common stock	Purchase	54	44.38
common stock	Purchase	57	44.26
common stock	Purchase	60	44.36
common stock	Purchase	63	44.3
common stock	Purchase	65	44.12
common stock	Purchase	66	44.07
common stock	Purchase	68	44.35
common stock	Purchase	74	44.12
common stock	Purchase	75	44.06
common stock	Purchase	75	44.12
common stock	Purchase	75	44.17
common stock	Purchase	80	44.19
common stock	Purchase	81	44.28
common stock	Purchase	82	44.295
common stock	Purchase	83	44.22
common stock	Purchase	85	43.82
common stock	Purchase	85	44.28
common stock	Purchase	91	43.96
common stock	Purchase	92	44.02
common stock	Purchase	92	44.19
common stock	Purchase	96	44.15
common stock	Purchase	98	44.2
common stock	Purchase	100	43.8
common stock	Purchase	100	44.05
common stock	Purchase	100	44.06
common stock	Purchase	100	44.06
common stock	Purchase	100	44.06
common stock	Purchase	100	44.07
common stock	Purchase	100	44.07
common stock	Purchase	100	44.09
common stock	Purchase	100	44.12
common stock	Purchase	100	44.12
common stock	Purchase	100	44.13
common stock	Purchase	100	44.14
common stock	Purchase	100	44.14
common stock	Purchase	100	44.17
common stock	Purchase	100	44.17
common stock	Purchase	100	44.17
common stock	Purchase	100	44.18
common stock	Purchase	100	44.19
common stock	Purchase	100	44.2
common stock	Purchase	100	44.2
common stock	Purchase	100	44.22
common stock	Purchase	100	44.22
common stock	Purchase	100	44.22
common stock	Purchase	100	44.23
common stock	Purchase	100	44.24
common stock	Purchase	100	44.25
common stock	Purchase	100	44.25
common stock	Purchase	100	44.26
common stock	Purchase	100	44.26
common stock	Purchase	100	44.26
common stock	Purchase	100	44.275
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.28
common stock	Purchase	100	44.29
common stock	Purchase	100	44.29
common stock	Purchase	100	44.29
common stock	Purchase	100	44.29
common stock	Purchase	100	44.29
common stock	Purchase	100	44.29
common stock	Purchase	100	44.29
common stock	Purchase	100	44.295
common stock	Purchase	100	44.295
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.3
common stock	Purchase	100	44.31
common stock	Purchase	100	44.34
common stock	Purchase	100	44.35
common stock	Purchase	100	44.35
common stock	Purchase	100	44.35
common stock	Purchase	100	44.36
common stock	Purchase	100	44.37
common stock	Purchase	100	44.39
common stock	Purchase	100	44.39
common stock	Purchase	117	44.3
common stock	Purchase	140	44.36
common stock	Purchase	155	44.3
common stock	Purchase	200	44.08
common stock	Purchase	200	44.295
common stock	Purchase	200	44.3
common stock	Purchase	200	44.3
common stock	Purchase	234	44.3
common stock	Purchase	268	44.28
common stock	Purchase	600	44.28
common stock	Purchase	600	44.3
common stock	Purchase	600	44.33
common stock	Purchase	1,500	44.28
common stock	Purchase	95	44.29
common stock	Purchase	40	44.391
common stock	Purchase	201	44.43
common stock	Purchase	45	44.31
common stock	Purchase	4,245	44.43
common stock	Purchase	2	44.43
common stock	Purchase	2	44.43
common stock	Purchase	5	44.43
common stock	Purchase	7	44.43
common stock	Purchase	15	44.43
common stock	Purchase	18	44.43
common stock	Purchase	18	44.43
common stock	Purchase	21	44.33
common stock	Purchase	23	44.43
common stock	Purchase	24	44.43
common stock	Purchase	24	44.43
common stock	Purchase	25	44.43
common stock	Purchase	30	44.43
common stock	Purchase	37	44.43
common stock	Purchase	51	44.43
common stock	Purchase	53	44.43
common stock	Purchase	54	44.43
common stock	Purchase	73	44.43
common stock	Purchase	100	44.43
common stock	Purchase	103	44.02
common stock	Purchase	103	44.43
common stock	Purchase	104	44.43
common stock	Purchase	207	44.02
common stock	Purchase	207	44.02
common stock	Purchase	207	44.43
common stock	Purchase	212	44.43
common stock	Purchase	258	44.43
common stock	Purchase	529	44.43
common stock	Purchase	1,190	44.43
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
common stock	Purchase	40	40.655
Class of relevant security	Purchase/sale	Number of securities	Price per unit USD
common stock	Sale	3	43.93
common stock	Sale	3	44
common stock	Sale	3	44.01
common stock	Sale	3	44.03
common stock	Sale	3	44.04
common stock	Sale	3	44.04
common stock	Sale	3	44.1
common stock	Sale	3	44.15
common stock	Sale	3	44.15
common stock	Sale	3	44.16
common stock	Sale	3	44.2
common stock	Sale	3	44.22
common stock	Sale	3	44.27
common stock	Sale	3	44.27
common stock	Sale	3	44.27
common stock	Sale	3	44.29
common stock	Sale	3	44.29
common stock	Sale	3	44.04
common stock	Sale	18	44.2
common stock	Sale	40	44.13
common stock	Sale	60	44.13
common stock	Sale	77	44.21
common stock	Sale	82	44.2
common stock	Sale	97	44.04
common stock	Sale	32	44.43
common stock	Sale	50	43.815
common stock	Sale	62	43.8
common stock	Sale	100	43.9
common stock	Sale	150	43.81
common stock	Sale	315	43.81
common stock	Sale	1,147	44.43
common stock	Sale	523	44.43
common stock	Sale	100	44.43
common stock	Sale	954	44.43
common stock	Sale	45	44.43
common stock	Sale	450	44.43
common stock	Sale	2,501	44.43
common stock	Sale	100	44.43
common stock	Sale	296	44.43
common stock	Sale	1	43.87
common stock	Sale	1	44.15
common stock	Sale	2	44.15
common stock	Sale	2	44.35
common stock	Sale	9	44.32
common stock	Sale	30	44.35
common stock	Sale	30	44.39
common stock	Sale	30	44.39
common stock	Sale	31	44.25
common stock	Sale	33	44.32
common stock	Sale	35	44.33
common stock	Sale	50	44.35
common stock	Sale	50	44.35
common stock	Sale	61	44.41
common stock	Sale	65	44.33
common stock	Sale	77	44.15
common stock	Sale	79	44.21
common stock	Sale	80	44.18
common stock	Sale	91	44.32
common stock	Sale	94	44.35
common stock	Sale	95	44.22
common stock	Sale	100	43.95
common stock	Sale	100	43.95
common stock	Sale	100	44.2
common stock	Sale	100	44.25
common stock	Sale	100	44.25
common stock	Sale	100	44.26
common stock	Sale	100	44.27
common stock	Sale	100	44.28
common stock	Sale	100	44.32
common stock	Sale	100	44.33
common stock	Sale	100	44.35
common stock	Sale	100	44.38
common stock	Sale	100	44.39
common stock	Sale	100	44.39
common stock	Sale	100	44.39
common stock	Sale	100	44.39
common stock	Sale	100	44.39
common stock	Sale	100	44.39
common stock	Sale	100	44.39
common stock	Sale	100	44.4
common stock	Sale	100	44.4
common stock	Sale	100	44.4
common stock	Sale	100	44.4
common stock	Sale	100	44.4
common stock	Sale	100	44.41
common stock	Sale	100	44.41
common stock	Sale	100	44.41
common stock	Sale	100	44.43
common stock	Sale	200	44.39
common stock	Sale	221	44.35
common stock	Sale	340	44.39
common stock	Sale	4	44.43
common stock	Sale	25	44.43
common stock	Sale	75	44.43
common stock	Sale	96	44.43
common stock	Sale	100	44.33
common stock	Sale	100	44.38
common stock	Sale	100	44.38
common stock	Sale	100	44.39
common stock	Sale	100	44.4
common stock	Sale	100	44.44
common stock	Sale	223	44.38
common stock	Sale	300	44.4
common stock	Sale	500	44.44
common stock	Sale	600	44.4
Class of relevant security	Purchase/sale	Number of securities	Price per unit EUR
common stock	Sale	1,832	41.6496

(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 USD
common stock	CFD	Increasing a short position	250	44.25
common stock	CFD	Increasing a short position	128	44.25
common stock	CFD	Increasing a long position	32	44.43

(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

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(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

Is a Supplemental Form 8 (Open Positions) attached?

YES

Date of disclosure:	06/08/2024
Contact name:	Paul Jenkins
Telephone number:	+44 20 7676 6969

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

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:	SOCIETE GENERALE SA
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

common stock

Listed Put Option

Written

17,200

American

17/01/2025

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.

Date of disclosure:

Contact name:

Telephone number: