Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 21

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 21
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 the 2026 Notes or 2027 Notes that are the subject of the Tender Offer and that will be repurchased
with the proceeds of this offering. Because the underwriters or their affiliates may receive a portion of the proceeds from this offering,
the underwriters may be deemed to have a “conflict of interest” with us. For a description of the Tender Offers, see
“Summary—Recent Developments.”

<div align='center'>S-13

SELECTED FINANCIAL AND OPERATING INFORMATION</div>

This prospectus supplement
incorporates by reference and is qualified in its entirety by our audited consolidated financial statements as of December 31, 2024
and 2023 and for the years ended December 31, 2024, 2023 and 2022, which have been prepared in accordance with International Financial
Reporting Standards as issued by the International Accounting Standards Board (IASB), (the “IFRS Accounting Standards”), included
in Suzano’s 2024 Form 20-F and our unaudited condensed consolidated interim financial information as of and for the three and
six-month periods ended June 30, 2025, which have been prepared in accordance with IAS 34 Interim Financial Reporting, as issued
by IASB, included in our Form 6-K furnished to the SEC on August 7, 2025, incorporated by reference into this prospectus supplement.

The selected financial data
and operating information as of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022, presented
in the tables below have been derived from Suzano’s audited consolidated financial statements and were audited by PricewaterhouseCoopers
Auditores Independentes Ltda.

<div align='center'>SUZANO – CONSOLIDATED BALANCE SHEET</div>

|                                  |     |  As of June 30, |          |     |                 |           |     | As of December 31, |          |     |                    |           |     |      |           |     |      |           |
| Assets                           |     |            2025 |          |     |            2025 |           |     |               2024 |          |     |               2024 |           |     | 2023 |           |     | 2022 |           |
|                                  |     | -in millions of 
          US$ (1 |