Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 37

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 37
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d) One
or more final and non-appealable judgments or orders for the payment of money are rendered against Suzano, Suzano Netherlands or any
of their respective Subsidiaries, as applicable, and are not paid or discharged, and there is a period of 60 consecutive days following
entry of the final and non-appealable judgment or order that causes the aggregate amount for all such final and non-appealable judgments
or orders outstanding and not paid or discharged against all such Persons to exceed U.S.$125,000,000 or the equivalent thereof at the
time of determination (in excess of amounts which Suzano’s insurance carriers have agreed to pay under applicable policies) during
which a stay of enforcement, by reason of a pending appeal or otherwise, is not in effect;

e)
Proceedings are initiated against the Issuer or Suzano or any Material Subsidiary thereof under any applicable bankruptcy, reorganization,
insolvency, moratorium or intervention law or law with similar effect, or under any other law for the relief of, or relating to, debtors,
and any such proceeding is not dismissed or stayed within 60 days after the entering of such proceeding, or an administrator, receiver,
administrador judicial, liquidator, custodian, trustee, manager, fiduciary, statutory manager, intervener or assignee for the
benefit of creditors (or other similar official), excluding in any event a restructuring expert (herstructureringsdeskundige)
or an observer (observator), is appointed to take possession or control of, or a distress, execution, attachment or sequestration
or other process is levied, enforced upon, sued out or put in force against, all or any material part of the undertaking, property, assets
or revenues of the Issuer or Suzano or any Material Subsidiary thereof and is not dismissed or stayed within 60 days;

f) The
Issuer or Suzano or any Material Subsidiary thereof commences voluntarily or consents to judicial, administrative or other proceedings
relating to it under any applicable bankruptcy, reorganization, insolvency, moratorium or intervention law or law with similar effect,
or under any other law for the relief of, or relating to, debtors, or makes or enters into any composition, recuperação judicial or extrajudicial or other similar arrangement with its creditors, or appoints or applies for the appointment of an
administrator, receiver,