(IP)

Role: Director
Signature: /s/ Amy M. Beeson, attorney-in-fact for Mr. Macpherson
Stock symbol: IP
Transactions as of: May 8, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/11/2023, 11:30 AM
Previous filing: Apr 4, 2023
Next filing: Oct 3, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IP	Restricted Stock Units	Award	$0	+9.49K	+89.19%	$0.00	20.1K	May 8, 2023	Common Stock	9.49K		By Plan	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The units reported were awarded to the reporting person for service as a director for the 2023-2024 performance year. Restricted stock units (units) held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Common Stock. The units are settled in cash on January 1 following the year in which the reporting person terminates service as a director.
F2	Share numbers are rounded.

Content

The units reported were awarded to the reporting person for service as a director for the 2023-2024 performance year. Restricted stock units (units) held in the Restricted Stock and Deferred Compensation Plan for Non-Employee Directors represent one share of International Paper Common Stock. The units are settled in cash on January 1 following the year in which the reporting person terminates service as a director.

Share numbers are rounded.