Company: SUZ
Filing Date: 2025-11-06
Form Type: 6-K
Source: 0000909327-25-000055
Chunk: 21

Company: Suzano S.A.
Filing Date: 2025-11-06
Form: 6-K
Chunk 21
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            |     |  7,180,450 |            |
| Additions of merged companies         |     |            |            |     |    366,785 |            |
| Depletions                            |     | -3,936,128 |            |     | -4,831,916 |            |
| Transfers                             |     |     15,233 |            |     |    102,790 |            |
| Gain (loss) on fair value adjustments |     |    -73,248 |            |     |  1,431,530 |            |
| Disposals                             |     |    -23,383 |            |     |   -130,922 |            |
| Write-offs                            |     |   -101,764 |            |     |   -114,298 |            |
| Closing balance                       |     | 24,445,461 |            |     | 22,283,001 |            |

The Company reevaluates, on a semi-annual basis in June and December, the main assumptions used in measuring the fair value of biological assets, which are disclosed in Note 13 of the annual financial statements for the year ended December 31, 2024.

The Company manages the financial and climate risks related to its agricultural activities in a preventive manner. To reduce the risks arising from edaphoclimatic factors, the weather is monitored through meteorological stations and, in the event of pests and diseases, our Department of Forestry Research and Development, an area specialized in physiological and phytosanitary aspects, has procedures to diagnose and act rapidly against any occurrences and losses (Note 4.8).

The Company has no biological assets pledged as collateral on September 30, 2025 and December 31, 2024.

| 36 |

14 INVESTMENTS

14.1 Investments breakdown

|                                                                              |     |           | 09/30/2025 |     |           | 12/31/2024 |
| Investments in associates and joint ventures                                 |     |   265,190 |            |     |   453,371 |            |
| Goodwill                                                                     |     |   189,846 |            |     |   225,486 |            |
| Other investments evaluated at fair value through other comprehensive income |     |   962,341 |            |     | 1,138,066 |            |
|                                                                              |     | 1,417,377 |