Company: SUZ
Filing Date: 2025-05-01
Form Type: F-3ASR
Source: 0001104659-25-042824
Chunk: 49

Company: Suzano S.A.
Filing Date: 2025-05-01
Form: F-3ASR
Chunk 49
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 sources that we believe to be reliable, but we take no responsibility for the accuracy of
this information.

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Euroclear and Clearstream

Clearstream has advised that: it is a duly licensed
bank organized as a société anonyme incorporated under the laws of Luxembourg and is subject to regulation by the
Luxembourg Commission for the Supervision of the Financial Sector (Commission de Surveillance du Secteur Financier); it holds securities
for its customers and facilitates the clearance and settlement of securities transactions among them, and does so through electronic book-entry
transfers between the accounts of its customers, thereby eliminating the need for physical movement of certificates; it provides other
services to its customers, including safekeeping, administration, clearance and settlement of internationally traded securities and lending
and borrowing of securities; it interfaces with the domestic markets in over 30 countries through established depositary and custodial
relationships; its customers include worldwide securities brokers and dealers, banks, trust companies and clearing corporations and may
include certain other professional financial intermediaries; its U.S. customers are limited to securities brokers and dealers and banks;
and indirect access to the Clearstream system is also available to others that clear through Clearstream customers or that have custodial
relationships with its customers, such as banks, brokers, dealers and trust companies.

Euroclear has advised that: it is incorporated
under the laws of Belgium as a bank and is subject to regulation by the Belgian Financial Services and Markets Authority (L’Autorité des Services et Marchés Financiers) and the National Bank of Belgium (Banque Nationale de Belgique); it holds securities
for its participants and facilitates the clearance and settlement of securities transactions among them; it does so through simultaneous
electronic book-entry delivery against payments, thereby eliminating the need for physical movement of certificates; it provides other
services to its participants, including credit, custody, lending and borrowing of securities and tri-party collateral management; it interfaces
with the domestic markets of several countries; its customers include banks, including central banks, securities brokers and dealers,
banks, trust companies and clearing corporations and certain other professional financial intermediaries; indirect access to the Euroclear
system is also available to others that clear through Euroclear customers or that have custodial relationships with Euroclear customers;
and all securities in Euroclear are held on a fungible basis, which means that specific certificates are not matched to specific securities
clearance accounts.

Clearance and Settlement Procedures

We understand that investors that hold their