INTERNATIONAL PAPER CO /NEW/

Our 2030 goals establish the foundation for our efforts to support healthy and abundant forests, strengthen

communities, operate sustainably and advance renewable solutions. Through these efforts and more, the Company

tackles the toughest issues in the value chain to improve its environmental footprint and promote the long-term

sustainability of natural capital.

Our approach to sustainability considers our entire value chain, from sourcing raw materials responsibly and

working safely, to making renewable, recyclable products and providing a market for recovered products. To help

inform and prioritize the focus of our sustainability strategy, we have engaged with internal and external

stakeholders, assessed key issues, associated risks and opportunities, and incorporated sustainability

considerations into our processes.

The Company’s operations are subject to extensive and evolving federal, state, local, and international laws and

regulations governing the protection of the environment and became more so in 2025 in light of our increased scale

and global presence. Company manufacturing processes involve discharges to water, air emissions, water intake

and waste handling and disposal activities, all of which are subject to a variety of environmental laws and

regulations, along with requirements of environmental permits or analogous authorizations issued by various

governmental authorities. Our continuing objectives include: (i) controlling emissions and discharges from our

facilities to avoid adverse impacts on the environment, and (ii) maintaining compliance with applicable laws and

regulations.

The Company has been named as a potentially responsible party ("PRP") in environmental remediation actions

under various federal and state laws, including the Comprehensive Environmental Response, Compensation and

Liability Act of 1980, as amended ("CERCLA"). For additional information regarding certain remediation actions, see

Note 14 Commitments and Contingent Liabilities of Item 8. Financial Statements and Supplementary Data. For

additional information regarding risks associated with environmental matters, see Item 1A. Risk Factors –We are

subject to a wide variety of laws, regulations and other governmental requirements that may change in

significant ways, and the cost of compliance with such requirements, or the failure to comply with such

requirements, could impact our business and results of operations.