Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 15

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 15
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 inception of judicial proceedings in the relevant jurisdiction, which attachment is likely to result in priorities benefitting
those creditors when compared to the rights of holders of the Notes.

Brazil’s foreign exchange policy may affect our ability to make money remittances outside Brazil with respect to the Guarantee.

Under current Brazilian regulations,
we are not required to obtain authorization from the Central Bank in order to make payments in U.S. dollars outside Brazil to holders
of the Notes, including under the Guarantee. However, we cannot assure that these regulations will continue to be in force at the time
we may be required to perform our payment obligations under the Notes or the Guarantee. If these regulations or their interpretation
are modified and an authorization from the Central Bank is required, we would be required to seek an authorization from the Central Bank
to transfer the amounts under Notes or the Guarantee out of Brazil or, alternatively, make such payments with funds held by us outside
Brazil. We cannot assure that such an authorization will be obtained or that such funds will be available. If such authorization is not
obtained, we may be unable to make payments to holders of the Notes in U.S. dollars. If we are unable to obtain the required approvals
as needed for the payment of amounts owed by the Guarantor through remittances from Brazil, we may have to seek other lawful mechanisms
to effect payment of amounts due under the Notes. However, we cannot assure you that other remittance mechanisms will be available in
the future, and even if they are available in the future, we cannot assure you that payment on the Notes would be possible through such
mechanism.

<div align='center'>S-10</div>

The interests of our controlling shareholder may conflict with the interests of the holders of the Notes.

Our controlling shareholder has the power to, among other things, elect a majority of the members of our board of directors and to decide any matters requiring shareholder approval, including related-party transactions, corporate reorganizations and dispositions, and the timing and payment of any future dividends, subject to the requirements of mandatory dividends under Brazilian Corporate Law. Our controlling shareholders may have an interest in making acquisitions, disposals of assets, partnerships, seeking financing or making other decisions that may conflict with the interests of the holders of the Notes. We have entered into, and we intend to continue to enter into, arm’s-length commercial and financial transactions with our controlling shareholder and related companies. Commercial and financial transactions between related parties and us may result in conflicts of interest, which may adversely