Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 84

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 84
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 which we operate or to which we export our products;                                               |

| · | the competitive nature of the industries in which we operate; |

| · | our level of capitalization, including the levels of our indebtedness and overall leverage; |

| · | the cost and availability of financing; |

| · | our compliance with the covenants contained in the instruments governing our indebtedness; |

| · | the implementation of our financing strategy and capital expenditure plans; |

| · | the impact of the ongoing wars in Ukraine and in the Middle East, the economic sanctions imposed on Russia and their impact on the 
 global economy, which are highly uncertain and difficult to predict;                                                               |

| · | inflation and fluctuations in currency exchange rates, including the Brazilian real and the U.S. dollar; |

| · | legal and administrative proceedings to which we are or may become a party; |

| · | the volatility of the prices of the raw materials we sell or purchase to use in our business; |

| · | our ability to comply with our ESG targets and commitments; |

| · | the implementation of new technologies to mitigate operational risks or achieve our ESG targets and commitments; |

| · | compliance with financial covenants; |

| · | changes in labor costs, maintenance costs |

| · | other statements included in this annual report that are not historical; and |

| · | other factors or trends affecting our financial condition or results of operations, including those factors identified or discussed 
 under “Risk Factors.”                                                                                                               |

The words “anticipate,” “believe,”
“continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,”
“might,”, “plan”, “potential” “should,” “target”, “would,” “will,”
“understand” and similar words are intended to identify forward-looking statements. We undertake no obligation to update publicly
or revise any forward-looking statements because of new information, future events or otherwise. In light of these risks and uncertainties,
the forward-looking information, events and circumstances discussed in this prospectus might not occur and are not guarantees of future
performance. Our actual results and performance may differ substantially from the forward-looking statements included in this prospectus.

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INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE</div>

This prospectus incorporates important business
and financial information about us that is not included in or delivered with this prospectus. The SEC allows us to “inc