Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 191

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 191
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,000,000 18

1.2.4 Share capital increase

On April 25, 2024, the Board of Directors approved the increase in the Company's share capital, in the amount of R$ 10,000,000

1.2.5 Acquisition of equity interest in a specialty fibers business

On August 30, 2024, the Company acquired from B & C Alpha Zweite Holding GmbH & Co KG (“ B& C”) 5,792,727 15 229,971 1,436,814 39.70

The main terms and conditions of the Lenzing Transaction are:

(i) the right of Suzano to hold two out of ten seats on Lenzing’s Supervisory Board; and

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(ii) Suzano has a right to alter the controlling position by acquiring an additional 15

Management assessed the Lenzing Transaction in accordance with CPC 18 (R3)/ IAS 28 and even though Suzano has two seats on Lenzing’s Supervisory Board, it was concluded that Suzano does not have significant influence over Lenzing since it has no power to participate in decision making, policy making and decisions about dividends or other distributions. Therefore, the investment was recorded at fair value through other comprehensive income (FVOCI), in accordance with CPC 48/IFRS 9 Financial Instruments.

1.2.6 Share purchase agreement - Timber

On July 31, 2024, the Company concluded the transaction to purchase 100 2,143,821

Considering the characteristics of the assets (substantially land and biological assets), the Company elected to apply the optional concentration test to identify a concentration of fair value under paragraph B7A of IFRS 3 and therefore the Timber Transaction was accounted for as an asset acquisition.

The impact of this acquisition is reflected in the line-item asset acquisition, net of cash, in the consolidated statement of cash flow. The cash of these companies was R$ 19,113

On September 30, 2024, these companies were merged to the Company. The merger did not result in a capital increase, given that the Company already held, directly or indirectly, 100

1.2.7 Acquisition of Pactiv Evergreen Inc. assets

On October 1, 2024, the Company, through its indirect subsidiary Suzano Packaging LLC, acquired the inventories and property, plant and e equipment comprising the integrated