Company: SUZ
Filing Date: 2025-05-01
Form Type: F-3ASR
Source: 0001104659-25-042824
Chunk: 25

Company: Suzano S.A.
Filing Date: 2025-05-01
Form: F-3ASR
Chunk 25
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 transaction, no Event of Default with respect to any debt security issued under the applicable 
 indenture will have occurred and be continuing; and                                                                                    |

| · | Suzano, Suzano Austria or Suzano Netherlands, as the case may be, has delivered to the trustee under the applicable indenture: |

| o | a certificate signed by an executive officer stating that such consolidation, merger, conveyance, transfer or lease complies with 
 this covenant and that all relevant conditions precedent provided in the applicable indenture have been complied with; and        |

| o | an opinion of counsel stating that such consolidation, merger, conveyance, transfer or lease complies with this covenant and that 
 all relevant conditions precedent provided in the applicable indenture have been complied with.                                   |

Upon any consolidation, merger, conveyance or transfer in accordance with these conditions, the successor person will succeed to, and be substituted for, and may exercise every right and power of,Suzano, Suzano Austria and Suzano Netherlands, as the case may be, under the debt
securities with the same effect as if the successor person had been named as the issuer or guarantor, as applicable, of the debt securities
issued under the applicable indenture. If a successor person is incorporated in or considered to be resident in a jurisdiction other than
Brazil, Austria or the Netherlands (as applicable), such jurisdiction will be referred to as a “successor jurisdiction.” No
successor person will have the right to redeem the debt securities unless Suzano, Suzano Austria and Suzano Netherlands, as applicable,
would have been entitled to redeem the debt securities in similar circumstances. (Article 8)

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If the conditions described above are satisfied,Suzano, Suzano Austria and Suzano Netherlands will not need to obtain the consent
of the holders in order to merge or consolidate or convey or transfer all or substantially all of its properties and assets to any other
person. Also, Suzano, Suzano Austria and Suzano Netherlands will not need to satisfy these conditions if they enter into other types of
transactions, including the following:

| · | any transaction in which Suzano, Suzano Austria or Suzano Netherlands acquires the stock or assets of another person; |

| · | any transaction that involves a change of control of Suzano, Suzano Austria or Suzano Netherlands, but in which Suzano, Suzano Austria 
 or Suzano Netherlands do not merge or consolidate; and                                                                                 |

| · | any transaction