Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 26

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 26
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 on June 30, 2025, as reported by the Central Bank of Brazil.                                                                        |

| (2) | Numbers in the “As adjusted” column are adjusted to reflect the net proceeds from certain                                        
 bilateral financial loans obtained by Suzano since June 30, 2025, in the ordinary course of business, in the aggregate amount of 
 R$2,415.3 million.                                                                                                               |

| (3) | Numbers in the “As further adjusted” column are adjusted to reflect (i) the net                                                          
 proceeds after deducting underwriting discounts and offering expenses payable by us from the gross proceeds of the issuance of the Notes 
 in the amount of US$                                                                                                                     
 million (R$                                                                                                                              
 million) less underwriting discounts and offering expenses that are payable by us in the estimated amount                                
 of approximately U.S.$                                                                                                                   
 million (R$                                                                                                                              
 million); and (ii) the use of proceeds therefrom to purchase US$           million of 2026 Notes                                         
 and 2027 Notes pursuant to the Tender Offers and the subsequent make-whole redemption.                                                   |

| (4) | Total capitalization is defined as total current and non-current debt plus total equity. |

In August 2025, we commenced
an offering of R$2 billion in rural product notes (CPR-Fs), in Brazil, and our Board of Directors authorized the issuance of up to RMB
1.5 billion Panda Bonds, in China’s interbank bond market. These transactions are not reflected in the capitalization table above.
See “Summary-Recent Developments”.

<div align='center'>S-19

DESCRIPTION OF THE NOTES</div>

The following description of the particular terms of the Notes supplements the description of the general terms set forth in the accompanying prospectus under the headings “Description of the Debt Securities” and “Description of the Guarantees.” It is important for you to consider the information contained in the accompanying prospectus and this prospectus supplement before making a decision to invest in the Notes. If any specific information regarding the Notes in this prospectus supplement is inconsistent with the more general terms of the Notes described in the accompanying prospectus, you should rely on the information contained in this prospectus supplement. In this description and in the related sections entitled “Description of the Debt Securities” and “Description of the Guarantees” in the accompanying prospectus, references to “Suzano” mean Suzano S.A. only and do not include the Issuer or