Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 21

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 6
Chunk 21
---
 ended December 31, 2024 is detailed in the table below (the percentages reflect the percentage of total remuneration represented by the category)

  Elements of Remuneration      Board of directors      Board of Executive Officers (Statutory)      Fiscal Council  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Fixed Remuneration                          60.3                                         15.8                83.3  
  Benefits                                     0.1                                          1.3                 0.0  
  Social Contribution                         12.1                                          3.6                16.7  
  Variable Remuneration                        0.0                                         12.4                 0.0  
  Cessation                                    0.0                                          2.1                0,0%  
  Long Term Incentive Plan                    27.5                                         64.8                 0.0  
  TOTAL                                      100.0                                        100.0               100.0  

Table of Co ntents

In addition to receiving a fixed salary, our entire board of executive officers participate in a profit-sharing program based on the achievement of certain personal and corporate goals. We also provide the following benefits, among others, to certain members of our board of directors and our entire board of executive officers: life insurance, health care plans, dental care, meal vouchers, transport, payroll loans and private pension plans. In addition to the benefits, we offer our management team long-term incentive programs.

Until 2023, we had three long-term Incentive plans based on shares: (i) the Phantom Share Plan, (ii) the Share Appreciation Rights (“ SAR”), and (iii) the Performance Share Plan. In 2024, the Company’s management decided to discontinue the SAR Plan and keep the Phantom Share Plan and the Performance Share Plan, upon the approval of two new Plans. With this new structure, the Company’s purpose is: i) aligning the interests of managers with the interests of the Company and its shareholders; ii) attracting, rewarding, retaining and encourage them to conduct the Company’s business sustainably, within appropriate risk limits and aligned with the interests of shareholders; and iii) grant them a financial incentive. This changes were approved by our shareholders at the Annual and Extraordinary Meetings held on April 25, 2024.

Performance Shares Plan

Members of the Board of Directors, both the statutory and non-statutory board officers, and key employees