Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 94

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 94
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 or with respect to any debt security; or |

| f) | to make any change in the percentage of the principal amount of the 
 debt securities required for amendments or waivers.                 |

It is not necessary for holders of the debt securities
to approve the particular form of any proposed amendment, supplement or waiver, but is sufficient if their consent approves the substance
thereof.

Neither Suzano nor any of its subsidiaries or
affiliates may, directly or indirectly, pay or cause to be paid any consideration, whether by way of interest, fee or otherwise, to any
holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of the indentures or the debt securities
unless such consideration is offered to be paid or agreed to be paid to all holders of the debt securities that consent, waive or agree
to amend such term or provision within the time period set forth in the solicitation documents relating to the consent, waiver or amendment.

Changes Not Requiring Approval

Each indenture provides that some changes do not require any approval by holders of outstanding debt securities under that indenture ( Section 9.01).Those types of changes include:

| a) | to cure any ambiguity, defect or inconsistency in the applicable indenture 
 with respect to the debt securities;                                       |

| b) | to comply with the covenant described under the caption “—Certain                 
 Covenants—Consolidation, Merger or Sale of Substantially All Assets” with respect 
 to the debt securities;                                                           |

| c) | to evidence and provide for the acceptance of an appointment by a successor 
 trustee with respect to the debt securities;                                |

| d) | to provide for uncertificated debt securities in addition to or in 
 place of Certificated debt securities;                             |

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| e) | to provide for any guarantee of the debt securities, to secure the                                
 debt securities or to confirm and evidence the release, termination or discharge of any guarantee 
 of or lien securing the debt securities when such release, termination or discharge is permitted  
 by the indentures;                                                                                |

| f) | to provide for or confirm the issuance of additional debt securities; 
 or                                                                    |

| g) | to make any other change that does not materially, adversely affect                           
 the rights of any holder of debt securities or to conform the indentures to this “Description 
 of Debt Securities.”                                                                          |

Changes Requiring Majority Approval

Except as otherwise provided in