Core Viewpoint - International Paper has completed the divestiture of five European plants to PALM Group to meet regulatory commitments from its acquisition of DS Smith Plc [1][2]. Group 1: Company Overview - International Paper is a global leader in sustainable packaging solutions, headquartered in Memphis, Tennessee, with operations in over 30 countries and more than 65,000 employees [3]. - The company reported net sales of $18.6 billion for 2024 and acquired DS Smith in 2025, enhancing its position in the North American and EMEA regions [3]. Group 2: Details of the Divestiture - The divestiture includes three plants in Normandy, France, one box plant in Ovar, Portugal, and one box plant in Bilbao, Spain [1]. - This sale was part of the agreement with the European Commission to satisfy obligations related to the acquisition of DS Smith Plc [2]. Group 3: About PALM Group - PALM is a family-owned company based in Aalen, Germany, and is a leading European producer of containerboard, graphic paper, and corrugated packaging [4]. - In 2024, PALM operated five paper mills and 33 corrugated box plants in Europe, employing 4,200 people and achieving a turnover of €2 billion [4].

10 June 2025 | 3:34PM BRT Pulp & Paper Monthly Tracker — May 2025 This monthly report includes charts and tables with key global data points for the pulp and paper sector. We track information from different data providers for both up- and downstream products across the supply chain, including inventories, production, apparent consumption and prices. Key highlights of the month: Marcio Farid +55(11)3371-4580 | marcio.farid@gs.com Goldman Sachs do Brasil CTVM S.A. Henrique Marques +55(11)3371-0778 | henrique ...