Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 109

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 109
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, or any of the Significant Subsidiaries thereof, and are not paid or discharged, and there is a period of 60 consecutive
days following entry of the final and non-appealable judgment or order that causes the aggregate amount for all such final and non-appealable
judgments or orders outstanding and not paid or discharged against all such Persons to exceed US$125,000,000 or the equivalent thereof
at the time of determination (in excess of amounts which any insurance carriers have agreed to pay under applicable policies) during
which a stay of enforcement, by reason of a pending appeal or otherwise, is not in effect;

e) Proceedings
are initiated against Suzano, Suzano Austria or Suzano Netherlands, as applicable, or any of the Significant Subsidiaries thereof under
any applicable bankruptcy, reorganization, insolvency, moratorium or intervention law or law with similar effect, or under any other
law for the relief of, or relating to, debtors, and any such proceeding is not dismissed or stayed within 60 days after the entering
of such proceeding, or an administrator, receiver, administrador judicial, liquidator, custodian, trustee, manager, fiduciary,
statutory manager, intervener or assignee for the benefit of creditors (or other similar official), excluding in any event a restructuring
expert (herstructureringsdeskundige) or an observer (observator) in the case of Suzano Netherlands, is appointed to take
possession or control of, or a distress, execution, attachment or sequestration or other process is levied, enforced upon, sued out or
put in force against, all or any material part of the undertaking, property, assets or revenues of Suzano, Suzano Austria or Suzano Netherlands,
as applicable, or any of the Significant Subsidiaries thereof and is not dismissed or stayed within 60 days;

f) Suzano,
Suzano Austria or Suzano Netherlands, as applicable, or any of the Significant Subsidiaries thereof commences voluntarily or consents
to judicial, administrative or other proceedings relating to it under any applicable bankruptcy, reorganization, insolvency, moratorium
or intervention law or law with similar effect, or under any other law for the relief of, or relating to, debtors, or makes or enters
into any composition, recuperação judicial or extrajudicial or other similar arrangement with its creditors, or appoints
or applies for the appointment of