Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 36

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 36
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 similar transaction.

<div align='center'>S-24</div>

The provisions under the indenture
relating to Suzano Netherlands’ obligation to make an offer to repurchase the Notes as a result of a Change of Control may be waived
or amended as described in “—Modification and Waiver.”

Consolidation, Merger or Sale of Substantially All Assets

a) Neither Suzano nor Suzano
Netherlands shall, without the consent of the Holders of a majority in aggregate principal amount of the Notes, consolidate with or merge
into any other corporation or convey or transfer all or substantially all of its properties and assets to any other Person, unless:

· the
Person formed by such consolidation or into which the Suzano or Suzano Netherlands is merged or the Person which acquires by conveyance,
transfers or leases all or substantially all of the properties and assets of Suzano or Suzano Netherlands (the “Successor Person”)
shall expressly assume, by a supplemental indenture, the due and punctual repayment of the principal and interest on all the Notes and
all other obligations of Suzano or Suzano Netherlands, as applicable, under the Indenture and the Notes,

·immediately after giving effect to such transaction, no Event of Default with respect to any Security shall have occurred and be continuing,

·Suzano or Suzano Netherlands have delivered to the Trustee (a) a certificate signed by an executive officer of Suzano and an executive officer of Suzano Netherlands stating that such consolidation, merger, conveyance or transfer and such supplemental indenture, if any, comply with the Indenture and that all conditions precedent herein provided, which relate to such transaction, have been complied with and (b) an Opinion of Counsel stating that such consolidation, merger, conveyance or transfer and such supplemental indenture, if any, comply with this Article and that all conditions herein provided, which relate to such transaction, have been complied with;

·the Successor Person shall expressly agree to withhold against any tax, duty, assessment or other governmental charge thereafter imposed or levied by Brazil, the Netherlands, a Successor Jurisdiction or any political subdivision or authority thereof or therein having power to tax as a consequence of such consolidation, merger, conveyance or transfer; and

·the Successor Person’s assumption of obligations includes the obligation to pay the Additional Amounts described under “Description of the Debt Securities—Payment of Additional Amounts” in the accompanying prospectus; provided thatthe definition of “Re