INTERNATIONAL PAPER CO

Ticker: IP CUSIP: 460146103 Class: COM

Front Street Capital Management, Inc.'s Holding History (CIK: 0001683182)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 229,819 Value ($000) $9 Avg Close $40.85 Range $35.35 - $49.08

Q3 2025

Shares 103,464 Value ($000) $5 Avg Close $48.00 Range $43.94 - $54.91

Q2 2025

Shares 69,536 Value ($000) $3 Avg Close $45.98 Range $41.92 - $53.17

Q1 2025

Shares 21,175 Value ($000) $1 Avg Close $52.74 Range $47.11 - $57.79

Q4 2024

Shares 13,425 Value ($000) $1 Avg Close $51.32 Range $43.58 - $57.99

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	229,819	$9	$40.85	$35.35 - $49.08
Q3 2025	103,464	$5	$48.00	$43.94 - $54.91
Q2 2025	69,536	$3	$45.98	$41.92 - $53.17
Q1 2025	21,175	$1	$52.74	$47.11 - $57.79
Q4 2024	13,425	$1	$51.32	$43.58 - $57.99