IMPORTANT INFORMATION
If you would like to view the information contained in this area of the website (this “Site”), please read this notice carefully. This notice applies to all persons who view the information contained in this Site and, depending on where you are located, may affect your rights or responsibilities. International Paper Company (“International Paper”) reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit this Site. In addition, the contents of this Site may be amended at any time, in whole or in part, at the sole discretion of International Paper.
To allow you to view the information contained in this Site, you must read this notice and then click “I ACCEPT”. If you are unable to agree, you should click “I DECLINE” and you will not be able to view information contained in this Site. If you access these materials on this Site, you agree to be bound by the terms and conditions below. If you do not agree to the terms and conditions, do not access this Site or view any of these materials.
Important Additional Information
Electronic versions of the material you are seeking access to are being made available on this Site by International Paper in good faith and for information purposes only.
Neither this Site, its contents, nor any copy of these may be taken or transmitted directly or indirectly into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of such jurisdiction, or would result in a requirement to comply with any consent or other formality which International Paper regards as unduly onerous. Any failure to comply with this restriction may constitute a violation of such laws or regulations. Persons into whose possession the contents of this Site or other information referred to herein comes should inform themselves about, and observe, any restrictions in such laws or regulations.
This Site contains information which has been prepared for the purpose of complying with the applicable laws and regulations of the United Kingdom and information disclosed may not be the same as that which would have been disclosed if this information had been prepared in accordance with the laws and regulations of jurisdictions outside the United Kingdom.
Forward-Looking Statements
Certain statements included within the contents of this Site that are not historical in nature may be considered “forward-looking statements” (including within the meaning of U.S. federal securities laws), including any statements regarding the effects of the combination (the “Combination”) of International Paper and DS Smith plc (“DS Smith”) on the parties thereto or assuming completion of the Combination, the combined group of International Paper and DS Smith (the “Combined Company”).
Forward-looking statements can be identified by the use of forward-looking or conditional words such as “expects,” “anticipates,” “believes,” “estimates,” “could,” “should,” “can,” “forecast,” “intend,” “look,” “may,” “will,” “remain,” “confident,” “commit” and “plan” or similar expressions. These statements are not guarantees of future performance and reflect management’s current views and speak only as to the dates the statements are made and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements. All statements, other than statements of historical fact, are forward-looking statements, including, but not limited to, statements regarding anticipated financial results, economic conditions, industry trends, future prospects, and the execution and consummation of corporate transactions or contemplated acquisitions, including the Combination. Factors which could cause actual results to differ include but are not limited to: (i) our ability to consummate and achieve the benefits expected from, and other risks associated with, acquisitions, joint ventures, divestitures, spinoffs, capital investments and other corporate transactions, including, but not limited to, the Combination and our ability to integrate and implement our plans, forecasts, and other expectations with respect to the Combined Company; (ii) uncertainty as to whether or when the Combination may be completed, if at all; (iii) risks with respect to climate change and global, regional, and local weather conditions, as well as risks related to our targets and goals with respect to climate change and the emission of greenhouse gases and other environmental, social and governance matters, including our ability to meet such targets and goals; (iv) loss contingencies and pending, threatened or future litigation, including with respect to environmental related matters; (v) the level of our indebtedness, risks associated with our variable rate debt, and changes in interest rates (including the impact of current elevated interest rate levels); (vi) the impact of global and domestic economic conditions and industry conditions, including with respect to current negative macroeconomic conditions, inflationary pressures and changes in the cost or availability of raw materials, energy sources and transportation sources, supply chain shortages and disruptions, competition we face, cyclicality and changes in consumer preferences, demand and pricing for our products, and conditions impacting the credit, capital and financial markets; (vii) risks arising from conducting business internationally, domestic and global geopolitical conditions, military conflict (including the Russia/Ukraine conflict, the conflict in the Middle East, the possible expansion of such conflicts, and the potential geopolitical and economic consequences associated therewith), changes in currency exchange rates, trade protectionist policies, downgrades in our credit ratings, and/or the credit ratings of banks issuing certain letters of credit, issued by recognized credit rating organizations; (viii) the amount of our future pension funding obligations, and pension and healthcare costs; (ix) the costs of compliance, or the failure to comply with, existing and new environmental (including with respect to climate change and greenhouse gas emissions), tax, labor and employment, privacy, anti- bribery and anti-corruption, and other U.S. and non-U.S. governmental laws and regulations; (x) any material disruption at any of our manufacturing facilities or other adverse impact on our operations due to severe weather, natural disasters, climate change or other causes; (xi) our ability to realize expected benefits and cost savings associated with restructuring initiatives; (xii) cybersecurity and information technology risks, including as a result of security breaches and cybersecurity incidents; (xiii) our exposure to claims under our agreements with Sylvamo Corporation; (xiv) our failure to realize the anticipated benefits of the spin-off of Sylvamo Corporation and the qualification of such spin-off as a tax-free transaction for U.S. federal income tax purposes; and (xv) our ability to attract and retain qualified personnel.
No Profit Forecasts or Estimates
Except where otherwise expressly stated, nothing in this Site should be construed as a profit estimate or profit forecast. Except where otherwise expressly stated, no statement in this Site, or the information within it, including statements regarding the potential effect of the Combination on cash flows and capital returns should be interpreted to mean that cash flows or capital returns of International Paper for the current or future financial years will necessarily match or exceed the historical cash flows or capital returns of International Paper or DS Smith.
No Offer of Securities
The contents of this Site do not constitute or form part of any offer or invitation to purchase, acquire, subscribe for, sell, dispose of or issue, or any solicitation of any offer to sell, dispose of, purchase, acquire or subscribe for, any security, including any shares of common stock of International Paper.
Miscellaneous
The contents of this Site are not to be construed as legal, business or tax advice. Each shareholder should consult its own legal adviser, financial adviser or tax adviser for legal, financial or tax advice, respectively.
Certain figures contained in the information in this Site, including financial information, may have been subject to rounding adjustments. Accordingly, in certain instances, the sum or percentage change of the numbers contained in the information in this Site may not conform precisely with the total figure given. Except as explicitly stated in this Site, none of the contents of other sections of International Paper’s website, nor any website accessible by hyperlinks on International Paper’s website, is incorporated in or forms part of, this Site or its contents.
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