NOTICE OF CHANGE OF LOCATION
OF ANNUAL MEETING OF SHAREOWNERS
TO BE HELD ON MAY 11, 2020
Dear
Shareowners:
NOTICE IS HEREBY GIVEN that the location of the annual meeting of shareowners (the Annual Meeting) of
International Paper Company (the Company) has been changed from a hybrid format to a virtual-only format.
As previously
announced, the Annual Meeting will be held on May 11, 2020 at 11:00 a.m. (CDT). The Board of Directors of the Company has determined that, in order to protect the health and safety of its shareowners, employees, directors and communities amidst
the COVID-19 pandemic, the Company will hold its Annual Meeting in a virtual meeting format only, via live webcast. As such, you will not be able to attend the Annual Meeting in person. The items of business
are the same as set forth in the Proxy Statement previously mailed or made available to you.
As described in the Proxy Statement for the
Annual Meeting previously distributed, you are entitled to vote at the Annual Meeting if you were a shareowner as of the close of business on March 12, 2020, the record date, or you held your shares in street name on such date. In
any such event, you may vote prior to the Annual Meeting by following the instructions set forth in the proxy materials previously distributed.
The Annual Meeting will be held at www.virtualshareholdermeeting.com/IP2020. If you are a shareowner or hold your shares in street
name and desire to attend and be able to vote your shares at the Annual Meeting, and ask questions during the Annual Meeting, you must enter the control number found on your proxy card, voting instruction form or notice you previously
received. Online check-in will be available approximately 15 minutes before the meeting starts. All participants should reference the Rules for Conduct of Meeting, which will be posted on the meeting site.
Whether or not you plan to attend the Annual Meeting, we urge you to vote and submit your proxy in advance of the meeting by one of the
methods described in the proxy materials for the Annual Meeting. The proxy card included with the proxy materials previously distributed will not be updated to reflect the change in location and may continue to be used to vote your shares in
connection with the Annual Meeting. If you have already submitted your proxy, no additional action is required.
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By Order of the Board of Directors,
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Sharon R. Ryan
Senior Vice President
General Counsel & Corporate Secretary
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Memphis, Tennessee
April 27, 2020
The Companys Proxy
Statement and 2019 Annual Report are available at www.internationalpaper.com.