IPC Files Report on Form 8-K.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE

21 August 2025

International Paper Company Files Current Report on Form 8-K

MEMPHIS, Tenn. - International Paper Company (the "Company" or "International Paper") has filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the "SEC") reporting that on 20 August 2025, the Company entered into a Securities Purchase Agreement, by and among the Company, International Paper Holdings (Luxembourg) S.à r.l., private limited liability company (société à responsabilité limitée) organized and existing under the laws of the Grand Duchy of Luxembourg ("IP Lux Holdings"), English Oak, LLC, a Delaware limited liability company ("English Oak," and together with the Company and IP Lux Holdings, the "Sellers"), Absorbent Fiber Topco, Inc., a Delaware corporation ("Parent"), Absorbent Fiber Bidco, Inc., a Delaware corporation and an indirect wholly owned subsidiary of Parent ("Paper Acquisition US") and Absorbent Fiber Acquisitions Canada, Ltd., an Alberta corporation and a direct wholly owned subsidiary of Paper Acquisition US ("Paper Acquisition Canada," and together with Paper Acquisition US, collectively, "Buyer"), pursuant to which, among other things, the Sellers will sell to Buyer all of the issued and outstanding equity interests of GCF US Holdings LLC, a Delaware limited liability company, GCF (Asia) Limited, a Hong Kong limited company, International Paper Cellulose Fibers (Poland) sp. z o.o., a limited liability company (spółka z ograniczoną odpowiedzialnością) organized and existing under the laws of the Republic of Poland and International Paper Canada Pulp Holdings ULC, an unlimited liability corporation organized under the laws of the Province of Alberta, which entities represent all of the Company's Global Cellulose Fibers business.

The Current Report on Form 8-K is available on the SEC's website at sec.gov and on the SEC Filings page of the Company's website at SEC Filings | International Paper.

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 www.internationalpaper.com. 

For further information please contact:

Investor Inquiries

Mandi Gilliland
Senior Director, Investor Relations
+1 901 419 4595

Media Inquiries

Jessica Seidner

+1 901 419 4337

newsroom@ipaper.com