REG - International Paper - Current Report on Form 8-K

International Paper CoAnnouncement

14/04/2025 12:00

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RNS Number : 9255E  International Paper Company  14 April 2025

14 April 2025

International Paper Company

Current Report on Form 8-K

MEMPHIS, Tenn. - On 14 April 2025, International Paper Company (the "Company")
filed a Current Report on Form 8-K with the U.S. Securities and Exchange
Commission announcing publication of a press release noting that the company
has entered into exclusive negotiations with PALM Group of Germany after
receiving an irrevocable offer for the purchase of five corrugated box plants
in Europe. Upon completion of the required French works council consultation
and/or employee information processes, the parties expect to enter into a
definitive share purchase agreement. The sale of these plants was agreed to
with the European Commission as a remedy for IP's acquisition of DS Smith Plc,
as published on the Commission's website on 24 January 2025.

The person responsible for arranging for the release of this announcement on
behalf of the Company is Joseph R. Saab, Senior Vice President, General
Counsel and Corporate Secretary.

About International Paper

International Paper (NYSE: IP; LSE: IPC) is the global leader in sustainable
packaging solutions. With company headquarters in Memphis, Tennessee, USA, and
EMEA (Europe, Middle East and Africa) headquarters in London, UK, we employ
more than 65,000 team members and serve customers around the world with
operations in more than 30 countries. Together with our customers, we make the
world safer and more productive, one sustainable packaging solution at a time.
Net sales for 2024 were $18.6 billion. In 2025, International Paper acquired
DS Smith creating an industry leader focused on the attractive and growing
North American and EMEA regions. Additional information can be found by
visiting internationalpaper.com (http://internationalpaper.com/) .

For further information please contact:

Investor Inquiries

José Maria Rodriguez Meis

Vice President, Investor Relations

+1 901 419 3919

Media Inquiries

Amy Simpson

+1 901 419 4964

newsroom@ipaper.com

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