Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 56

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 56
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 the partners therein, persons subject to the alternative minimum tax, or U.S. holders that have a “functional currency”
other than the U.S. dollar.

This summary addresses only
U.S. federal income tax consequences, and does not address consequences arising under U.S. state, local, non-U.S. tax laws, the Medicare
tax on net investment income, special timing rules prescribed under section 451(b) of the Code or from the possible applicability
of U.S. federal gift or estate tax laws. Investors should consult their own tax advisors in determining the tax consequences to them
of holding Notes under such tax laws, as well as the application to their particular situation of the U.S. federal income tax considerations
discussed below. Furthermore, this discussion does not address all of the U.S. federal income tax considerations that may be relevant
to a potential investor whose 2026 Notes or 2027 Notes are repurchased in the Tender Offer, and such persons should consult their own
tax advisors regarding the U.S. federal income tax consequences to them of the redemption of their 2026 Notes or 2027 Notes pursuant
to the Tender Offer and the acquisition of the Notes pursuant to this offering, including the potential for the transactions to be characterized
as an exchange. The Issuer intends for the sale of such Notes pursuant to the Tender Offer to be treated as a sale for cash for U.S.
federal income tax purposes.

<div align='center'>S-38</div>

As used herein, a “U.S.
holder” is a beneficial owner of a Note that, for U.S. federal income tax purposes, is a citizen or resident of the United States
or a U.S. domestic corporation or that otherwise will be subject to U.S. federal income taxation on a net income basis in respect of
the Note.

Each U.S. holder should consult its own tax advisor regarding the tax consequences of the acquisition, ownership and disposition of the Notes, including the relevance to your particular situation of the considerations discussed below, as well as the relevance to your particular situation of U.S. state, local or other tax laws.

U.S. Holders

Payments of Interest and Additional Amounts. The gross amount of stated interest and Additional Amounts (i.e., without reduction
for withholding tax at the appropriate withholding tax rate applicable to the U.S. holder) will be taxable to a U.S. holder as ordinary
interest income at the time it accrues or is actually or constructively received