Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 61

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 61
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 credit rules that is permitted under temporary guidance and complies with the specific requirements set forth in such guidance. Additionally, capital gain or loss recognized by a U.S. holder on the sale or other disposition of
the Notes generally will be U.S. source gain or loss for U.S. foreign tax credit purposes. Consequently, even if the withholding tax qualifies
as a creditable tax, a U.S. holder may not be able to credit the tax against its U.S. federal income tax liability unless such credit
can be applied (subject to generally applicable conditions and limitations) against tax due on other income treated as derived from foreign
sources. If the Brazilian tax is not a creditable tax, the tax would reduce the amount realized on the sale or other disposition of the
Notes even if the U.S. holder has elected to claim a foreign tax credit for other taxes in the same year. The temporary guidance discussed
above also indicates that the Treasury and the IRS are considering proposing amendments to the December 2021 regulations and that
the temporary guidance can be relied upon until additional guidance is issued that withdraws or modifies the temporary guidance. U.S.
holders should consult their own tax advisors regarding the application of the foreign tax credit rules to a sale or other disposition
of the Notes and any Brazilian tax imposed on such sale or disposition

Substitution of the Issuer. The terms of the Notes provide that, in certain circumstances, the obligations of the Issuer under the Notes
may be assumed by another entity. See “Description of the Notes—Substitution of the Issuer.” Any such assumption might
be treated for U.S. federal income tax purposes as a deemed disposition of Notes by a U.S. holder in exchange for new notes issued by
the new obligor. As a result of this deemed disposition, a U.S. holder could be required to recognize capital gain or loss (subject in
the case of a loss, to the application of the wash sale rules) for U.S. federal income tax purposes equal to the difference, if any, between
the issue price of the new notes (as determined for U.S. federal income tax purposes), and the U.S. holder’s tax basis in the Notes.
The Issuer has no obligation to indemnify the holder for such tax. U.S. holders should consult their tax advisers concerning the U.S.
federal income tax consequences to them of a change in obligor with respect to the Notes.

Specified Foreign Financial Assets.Individual U.S. holders that own