Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 189

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 189
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spin Oy (Direct/Indirect) (“ Woodspin”)                           Development and production of cellulose-based fibers, yarns and textile filaments             Finland                                   50.00           50.00  
  Fair value through other comprehensive income                                                                                                                                                                                        
  Bem Agro Integração e Desenvolvimento S. A. (Indirect) (4)            Software solutions based on artificial intelligence and computer vision for agribusiness      Brazil                                     5.82                  
  Celluforce Inc. (Direct)                                              Nanocrystalline pulp research and development                                                 Canada                                     8.28            8.28  
  Lenzing Aktiengesellschaft (Indirect) (5)                             Production of wood-based cellulose fibers                                                     Austria                                   15.00                  
  Nfinite Nanotechnology Inc. (Indirect) (2)                            Research and development of smart nanocoatings                                                Canada                                     5.00                  

(1) On March 27, 2024, the entity was liquidated.

(2) On March 8, 2024, Suzano Ventures LLC acquired an equity interest in the legal entity Nfinite Nanotechnology Inc., which is an associate of Suzano S. A.

(3) On July 9, 2024, establishment of legal entity with is a subsidiary of Suzano S. A

(4) On July 19, 2024, Suzano Ventures LLC acquired an equity interest in the legal entity Bem Agro Integração e Desenvolvimento S. A., which is an associate of Suzano S. A.

(5) On August 30, 2024, Suzano International Trade GmbH acquired an equity interest in the legal entity Lenzing Aktiengesellschaft (note 1.2.5), which is an associate of Suzano S. A.

(6) On December 13, 2024, Suzano Ventures LLC acquired an equity interest in the legal entity Simplifyber, Inc., which is an associate of Suzano S. A.

(7) On July 30, August 30 and December 31, 2024, there was a change in the percentage of participation due to the dilution of shares.

1.2 Major events in the year

1.2.1 Effects of the war between Russia and Ukraine, and Middle East conflict

The Company has continuously monitored the impacts of the current war between Russia and Ukraine, and the Middle East conflict, both direct