Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 58

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 58
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 those circumstances. The temporary guidance discussed above also indicates that the Treasury and the IRS
are considering proposing amendments to the December 2021 regulations and that the temporary guidance can be relied upon until additional
guidance is issued that withdraws or modifies the temporary guidance. U.S. holders should consult their own tax advisors regarding the
application of these rules to their particular situations.

Sale, Exchange and Retirement of Notes. Upon the sale, exchange or retirement of a Note (including, under certain circumstances,
the assumption of the Issuer’s obligations by a Successor Issuer, as described under “Description of the Notes—Substitution
of the Issuer”), a U.S. holder generally will recognize gain or loss equal to the difference between the amount realized on the
sale, exchange or retirement (less any accrued interest, which will be taxable as such) and the U.S. holder’s tax basis in such
Note. A U.S. holder’s tax basis in a Note will generally equal the cost of the Note to such holder. Gain or loss recognized by
a U.S. holder generally will be long-term capital gain or loss if the U.S. holder has held the Note for more than one year at the time
of disposition. Long-term capital gains recognized by an individual holder generally are subject to tax at a lower rate than short-term
capital gains or ordinary income. The deduction of capital losses is subject to limitations.

<div align='center'>S-39</div>

A U.S. holder generally will not be entitled to credit any Brazilian tax imposed on the sale or other disposition of the Notes against such U.S. holder’s U.S. federal income tax liability, except in the case of a U.S. holder that consistently elects to apply a modified version of the U.S. foreign tax credit rules that is permitted under temporary guidance and complies with the specific requirements set forth in such guidance. Additionally, capital gain or loss recognized by a U.S. holder on the sale or other disposition of
the Notes generally will be U.S. source gain or loss for U.S. foreign tax credit purposes. Consequently, even if the withholding tax
qualifies as a creditable tax, a U.S. holder may not be able to credit the tax against its U.S. federal income tax liability unless such
credit can be applied (subject to generally applicable conditions and limitations) against tax due on other income treated as derived
from foreign sources. If the Brazilian tax is not a creditable tax, the tax would reduce