Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 8

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 8
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heid) incorporated under the laws of the Netherlands,
with its corporate seat (statutaire zetel) in Amsterdam, the Netherlands, having its registered office at Spaces Zuidas I, Office
4.10, Barbara Strozzilaan 201, 1083 HN Amsterdam, and registered with the trade register of the Dutch chamber of commerce under number
92243207. Suzano Netherlands is a wholly owned finance subsidiary of Suzano S.A., and its corporate object is to raise credit and/or
liquid assets, including through the issuance of debt securities, for the purpose of financing the activities of Suzano S.A., its subsidiaries,
other affiliates and/or companies in which Suzano S.A. holds a direct or indirect equity interest.

<div align='center'>Recent Developments</div>

On August 6, 2025, we
signed a wood swap agreement with Eldorado Brasil Celulose S.A. involving 18 million cubic meters of standing wood in Mato Grosso do
Sul, under which Suzano will receive mature wood to be harvested between 2025 and 2027 in exchange for immature wood to be delivered
between 2028 and 2031. The transaction also includes a payment by us to Eldorado in the amount of R$1.317 billion, of which R$878 million
will be paid in 2025 and R$439 million in 2026.

<div align='center'>S-2</div>

On August 14, 2025,
we commenced an offering of R$2 billion in rural product notes (CPR-Fs), in Brazil, in up to three series, to support the formation and
preservation of forests. The offering is subject, among other factors, to market conditions and compliance with the applicable contractual,
regulatory and normative requirements and was conducted under the automatic registration rite as per CVM regulations. This offering is
expected to close by September 16, 2025. On August 18, 2025, our Board of Directors authorized our finance subsidiary, Suzano
International Finance B.V., to issue up to RMB 1.5 billion Panda Bonds, guaranteed by us, in China’s interbank bond market, with
a maturity of up to five years , which is expected to close in late September 2025. In addition, we have obtained an aggregate amount
of R$2,415.3 million in bilateral loans since June 30, 2025 in