International Paper Finalizes Board Committee Assignments for New Independent Directors

Executive Summary

On October 8, 2026, International Paper Company filed a Current Report on Form 8-K under Item 5.02 (Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers) to disclose committee appointments for two newly added independent directors and update transition arrangements for retiring directors.

Key Disclosures

1. Committee Assignments for New Directors:

   • Katherine Collins (appointed effective October 1, 2026) has been named to:
     • Audit and Finance Committee
     • Governance Committee
   • Lori J. Ryerkerk (appointed effective October 1, 2026) has been named to:
     • Management Development and Compensation Committee
     • Safety, Sustainability and Technology Committee

2. Director Retirements & Transition Support:

   • As previously announced, Directors Ahmet C. Dorduncu and Kathryn D. Sullivan will retire from the Board effective December 31, 2026.
   • Through their retirement date, both directors will serve in an advisory, non-voting capacity as invited guests at Audit and Finance and Safety, Technology and Sustainability committee meetings to facilitate an orderly transition.

Market & Governance Impact

• Trading Significance: Low. This filing reflects standard corporate governance updates following board expansion and committee structuring, with no immediate direct financial or operational impact.