Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 45

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 45
---
 advised that:
it is incorporated under the laws of Belgium as a bank and is subject to regulation by the Belgian Banking and Finance Commission (Commission Bancaire et Financière) and the National Bank of Belgium (Banque Nationale de Belgique); it holds securities for its
participants and facilitates the clearance and settlement of securities transactions among them; it does so through simultaneous electronic
book-entry delivery against payments, thereby eliminating the need for physical movement of certificates; it provides other services to
its participants, including credit, custody, lending and borrowing of securities and tri-party collateral management; it interfaces with
the domestic markets of several countries; its customers include banks, including central banks, securities brokers and dealers, banks,
trust companies and clearing corporations and certain other professional financial intermediaries; indirect access to the Euroclear system
is also available to others that clear through Euroclear customers or that have custodial relationships with Euroclear customers; and
all securities in Euroclear are held on a fungible basis, which means that specific certificates are not matched to specific securities
clearance accounts.

Clearance and Settlement Procedures

We understand that investors
that hold their Notes through Clearstream or Euroclear accounts will follow the settlement procedures that are applicable to securities
in registered form. Notes will be credited to the securities custody accounts of Clearstream and Euroclear participants on the business
day following the settlement date for value on the settlement date. They will be credited either free of payment or against payment for
value on the settlement date.

We understand that secondary
market trading between Clearstream and/or Euroclear participants will occur in the ordinary way following the applicable rules and
operating procedures of Clearstream and Euroclear. Secondary market trading will be settled using procedures applicable to securities
in registered form.

You should be aware that investors
will only be able to make and receive deliveries, payments and other communications involving the Notes through Clearstream and Euroclear
on business days. Those systems may not be open for business on days when banks, brokers and other institutions are open for business
in the United States or Brazil.

In addition, because of time
zone differences, there may be problems with completing transactions involving Clearstream and Euroclear on the same business day as in
the United States or Brazil. U.S. and Brazilian investors who wish to transfer their interests in the Notes, or to make or receive a payment
or delivery of the Notes on a particular day may find that the transactions will not be performed until the next business day in Luxembourg
or