The company said its Management Development and Compensation Committee approved the 2025 Long-Term Incentive Compensation Plan, under the shareowner-approved 2024 Long-Term Incentive Compensation Plan, on December 9, 2024.

1. 01

   The company said its Management Development and Compensation Committee approved the 2025 Long-Term Incentive Compensation Plan, under the shareowner-approved 2024 Long-Term Incentive Compensation Plan, on December 9, 2024.

2. 02

   The company said the 2025 LTIP will set executive equity awards as 100% performance stock units, with a sole performance metric of 100% relative total shareowner return. In the prior year, the awards were 80% performance stock units and 20% restricted stock units.

3. 03

   International Paper said it approved target total LTIP award values of $12,500,000 for Andrew K. Silvernail, $3,500,000 for Timothy S. Nicholls, $2,800,000 for W. Thomas Hamic and $2,000,000 for Joseph R. Saab for annual equity grants on January 1, 2025.

4. 04

   The company said it will measure TSR over a 3-year period against a peer group of the 40 constituents of the S&P Composite 1500 Materials Index with the highest 3-year stock price correlation with the company. The PSUs will vest after a 3-year performance period, and the performance range remains 0% to 200%.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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