Board Converting News, January 16, 2023

IP Announces Changes To Senior Executive Team

• Tom Hamic has been named Senior Vice President, North American Container and Chief Commercial Offi- cer. Hamic joined the company in 1991 and has served in a variety of sales, marketing and strategy leadership roles, including positions in the company’s container- board and North American container businesses. • Jay Royalty has been named Senior Vice President, Containerboard and Recycling. He will also retain in- terim responsibility for the company’s EMEA Packaging business. Royalty joined the company in 1991 and has served in a variety of converting, sales, marketing and finance leadership roles. He most recently served as Senior Vice President, EMEA Packaging. • Clay Ellis has been named Senior Vice President, Glob- al Cellulose Fibers. Ellis joined the company in 1992 and has served in a variety of manufacturing, engineer- ing, technical and commercial leadership roles, includ- ing positions in the company’s pulp business. Most recently, he served as Senior Vice President, Enterprise Operational Excellence.

Memphis, Tennessee based International Paper (IP) has announced changes to its senior leadership team, includ- ing the retirement of a long-serving executive and organi- zational shifts to enhance agility in serving customers and driving profitable growth. Greg Wanta, Senior Vice President of the company’s North American Container business, will retire after tran- sitioning responsibilities. “I want to thank Greg for his 31 years of service and wish him well in his retirement. Greg led the North American Container business since 2016 and his contributions to the company are foundational to our growth plans,” said Mark Sutton, Chairman and Chief Executive Officer. The following moves are effective immediately:

DESIGNS THAT INCREASE PRODUCTION

“These moves reflect our leadership bench strength,” said Sutton. “Each of these business leaders have demonstrated strategic agility and drive in achieving industry-leading re- sults.” The International Paper Board of Directors has elected two new executives to Sutton’s leadership team. Aimee Gregg has been elected Senior Vice President, Supply Chain and Information Tech- nology. Gregg joined the company in 2002 and has served in a variety of sales, operations and business leadership roles in the compa- ny’s North American Industrial Packaging busi- ness. She most recently served as Vice Pres- ident and General Manager, Containerboard and Recycling. Allison Magness has been elected Senior Vice President, Manufacturing and Environ- ment, Health and Safety. Magness joined the company in 2000 and has served in a variety of engineering, manufacturing, and business leadership roles. She most recently served as Vice President, South Area, North American Container. “These functional roles have an increas- ingly important impact in differentiating the company’s performance and in improving the customer experience,” said Sutton. “Aimee and Allison bring capabilities and perspective that will be key in accelerating initiatives that support business strategies. I’m excited about what’s next for our company with the diverse talent and perspective of our senior leaders guiding plans to Build a Better IP.” For more information on the company and its initiatives, visit internationalpaper.com .

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January 16, 2023

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