Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 34

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 16
Chunk 34
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 and Taiwan and the global security concerns and market volatility which are highly uncertain and difficult to predict;
•changes in global market conditions, impacting demand and pricing stability, including uncertainties related to global trade as a result of the imposition of tariffs by the United States in current administration;
•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;
•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 in “Item 3. Key Information — D. Risk Factors.”
The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “hope,” “intend,” “may,” “might,” “should,” “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, forward-looking information, events and circumstances discussed in this annual report 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 annual report.
Table of Contents

GLOSSARY OF CERTAIN TERMS USED IN THIS ANNUAL REPORT
Herein, “Suzano”, the “Company”, “we”, “us” and “our” refer to Suzano and its consolidated subsidiaries, unless the context otherwise requires. References to “Fibria” refer to former “Fibria Celulose S.A.”. All references herein to the “real,” “reais” or “R$” are to the Brazilian real, the official currency of Brazil. All references to “U.S. dollars,” “dollars” or “US$” are to United States dollars, the official currency of the United States.

ABTCP                            Brazilian Technical Association of Paper and Pulp, or Associação Brasileira Técnica de Papel e Celulose                 
ADR                              American Depositary Receipts.                                                                                           
ADS                              American Depositary Shares.                                                                                             
ANTAQ                            Brazilian regulatory agency regulating aquatic transportation,