Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 24

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 24
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 as total        
 current and non-current debt plus total equity. |

In August 2025, we
commenced an offering of R$2 billion in rural product notes (CPR-Fs), in Brazil, and our Board of Directors authorized the issuance of
up to RMB 1.5 billion Panda Bonds, in China’s interbank bond market. These transactions are not reflected in the capitalization
table above. See “Summary-Recent Developments”.

<div align='center'>S-19

DESCRIPTION OF THE NOTES</div>

The following description of the particular terms of the Notes supplements the description of the general terms set forth in the accompanying prospectus under the headings “Description of the Debt Securities” and “Description of the Guarantees.” It is important for you to consider the information contained in the accompanying prospectus and this prospectus supplement before making a decision to invest in the Notes. If any specific information regarding the Notes in this prospectus supplement is inconsistent with the more general terms of the Notes described in the accompanying prospectus, you should rely on the information contained in this prospectus supplement. In this description and in the related sections entitled “Description of the Debt Securities” and “Description of the Guarantees” in the accompanying prospectus, references to “Suzano” mean Suzano S.A. only and do not include the Issuer or any of Suzano’s other subsidiaries or associated companies.

General

The Issuer will issue the
Notes under the indenture among the Issuer, Suzano, as guarantor, and The Bank of New York Mellon, as trustee, registrar, paying agent
and transfer agent, dated as of September 10, 2025, as supplemented by a first supplemental indenture dated on or about the delivery
date of the Notes, between the Issuer, Suzano, as guarantor, and The Bank of New York Mellon, as trustee, registrar, paying agent and
transfer agent (the “”). The Notes will be issued only in fully registered form without coupons in minimum
denominations of US$1,000 and integral multiples thereof. The Notes will be unsecured and will rank equally with all of the Issuer’s
other existing and future unsecured and unsubordinated debt.

Principal and Interest

The rate of interest payable
on the Notes may be subject to adjustment as described below.

The Notes bear interest from
and including September 10, 2025 at a rate of 5.500% per annum, payable semi-ann