Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 137

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 8
Chunk 137
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 General's Office of the National Treasury (“ PGFN”) filed a tax execution to collect the amounts, at which time the Company filed the appropriate motions to stay the tax execution, which were partially upheld. The Company has filed an Appeal, which is awaiting judgment. For the year ended December 31, 2024, the estimated amount of exposure is R$101.7 million

Table of Co ntents

Labor Proceedings

As of December 31, 2024, we were involved as defendant in 1,178 labor proceedings assessed as reasonably probable, which represents a contingency provision, net of judicial deposits, of R$262.3 million, duly provisioned in our audited consolidated financial statements. Additionally, we were involved in 1,135 labor proceedings assessed as reasonably possible, with a total amount under dispute of R$171.5 million. We are also involved in collective disputes filed by labor unions located in the states of Bahia, Espírito Santo, São Paulo, Maranhão and Mato Grosso do Sul.

The labor proceedings filed against us involve common matters under dispute in other agroindustrial companies, such as overtime and termination payments, additional compensation for allegedly unsafe/unhealthy labor conditions, in addition to lawsuits filed by outsourced and third-party employees claiming that we are secondarily or jointly liable for compensation owed to them by their original employers.

Civil, Land and Environmental Proceedings

As of December 31, 2024, we were involved in 97 judicial civil and environmental proceedings assessed as reasonably probable, for which we have a provision of, R$328.8 million, net of judicial deposits.. In addition, we have other civil and environmental proceedings assessed as reasonably possible, representing a contingency of R$5,065.7 million.

The civil judicial proceedings refer mainly to indemnification claims, real estate possession challenges, claims for the revision of contractual provisions, bankruptcy, reimbursement of funds claimed from landowners and land lawsuits.

The environmental judicial proceedings involving us mainly relate to licensing issues and environmental impacts of our activities. We are also a party in administrative proceedings that discuss issues related to forestry operations and environmental licensing. Claims deemed material are outlined below.

Environmental Matters

We currently have two relevant class actions (ação civil pública) filed by the Federal Public Prosecution Office in the north and northeast regions of Brazil, which: (i) the first, challenge the jurisdiction of the state’s environmental agency, in favor of Brazilian’s Federal Environmental Angecy - IBAMA jurisdiction, to grant environmental licenses and claiming compensation