Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 32

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 7
Chunk 32
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 parties, we shall observe the usual market prices and conditions, as well as the corporate governance practices adopted by us and those recommended and/or required by the legislation.

Transactions with Suzano Holding S. A.

The transactions with our controlling shareholder, Suzano Holding S. A, in the year ended December 31, 2024, totaled R$66,000.0, mainly related to administrative expenses sharing and, to a lesser extent, to guarantees provided by Suzano Holding S. A.

Other Transactions

We are currently engaged in commercial pulp transactions with Ibema Companhia Brasileira de Papel (Ibema) that is a joint venture between us and Ibema Participações S. A (Ibemapar) concluded in January 2016. Currently, we hold 49.9% of Ibema's share capital and Ibemapar holds the remaining 50.1%.

In the year December 31, 2024, 2023 and 2022, our net revenues from these transactions were R$224.4 million, R$193.0 million and R$237.1 million, respectively.

We also enter into expense sharing with certain other parties controlled by some of our controlling shareholders in the ordinary course of business.

C. Interests of Experts and Counsel

Not applicable.

ITEM 8. FINANCIAL INFORMATION