Item 1.01 Entry into a Material Definitive Agreement.

On October 1, 2021, International Paper Company ("International Paper") completed the previously announced spin-off (the "Spin-Off") of its printing papers business into a new, publicly-traded company, Sylvamo Corporation ("Sylvamo"), listed on the New York Stock Exchange. In connection with the Spin-Off, International Paper entered into the Separation and Distribution Agreement, dated as of September 29, 2021, with Sylvamo (the "Agreement"). The terms and conditions of the Agreement are the same as the terms and conditions thereof as previously reported under "The Distribution-Relationships Between Sylvamo and International Paper Following the Distribution-Separation and Distribution Agreement" in Sylvamo's registration statement on Form 10, as amended (File No. 001-40718) (the "Registration Statement"), which description is incorporated by reference herein. The foregoing summary of the Agreement does not purport to be a complete description of all of their terms and conditions and is subject to, and qualified in its entirety by, the full text of the Agreement, a copy of which is filed as Exhibit 2.1 to this report and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.



Exhibit
Number                                    Description

2.1            Separation and Distribution Agreement, dated as of September 29,
             2021, between International Paper Company and Sylvamo Corporation

104          Cover Page to this Current Report on Form 8-K in Inline XBRL




                                       2

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