Company: SUZ
Filing Date: 2025-05-01
Form Type: F-3ASR
Source: 0001104659-25-042824
Chunk: 44

Company: Suzano S.A.
Filing Date: 2025-05-01
Form: F-3ASR
Chunk 44
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 body) of such person is at the time owned or controlled directly or indirectly by such corporate entity,
by one or more wholly-owned subsidiaries of such corporate entity or by such corporate entity and one or more wholly-owned subsidiaries
thereof.

<div align='center'>27

FORM OF SECURITIES, CLEARING AND SETTLEMENT</div>

Global Securities

Unless otherwise specified in the applicable prospectus
supplement, the following information relates to the form, clearing and settlement of U.S. dollar-denominated debt securities.

We will issue the securities in global form. Securities
issued in global form will be represented, at least initially, by one or more global debt securities. Upon issuance, global securities
will be deposited with the trustee as custodian for The Depository Trust Company (“DTC”), and registered in the name of Cede &
Co., as DTC’s partnership nominee. Ownership of beneficial interests in each global security will be limited to persons who have
accounts with DTC, whom we refer to as DTC participants, or persons who hold interests through DTC participants. We expect that, under
procedures established by DTC, ownership of beneficial interests in each global security will be shown on, and transfer of ownership of
those interests will be effected only through, records maintained by DTC (with respect to interests of DTC participants) and the records
of DTC participants (with respect to other owners of beneficial interests in the global securities).

Beneficial interests in the global securities
may be credited within DTC to Euroclear Bank SA/NV (“Euroclear”) and Clearstream Banking, S.A. (“Clearstream”)
on behalf of the owners of such interests.

Investors may hold their interests in the global
securities directly through DTC, Euroclear or Clearstream, if they are participants in those systems, or indirectly through organizations
that are participants in those systems.

Beneficial interests in the global securities
may not be exchanged for securities in physical, certificated form except in the limited circumstances described below.

Book-Entry Procedures for Global Securities

Interests in the global securities will be subject
to the operations and procedures of DTC, Euroclear and Clearstream. We provide the following summaries of those operations and procedures
solely for the convenience of investors. The operations and procedures of each settlement system are controlled by that settlement system
and may be changed at any time. We are not responsible for those operations or procedures.

DTC has advised that it is:

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