Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 47

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 47
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 and all of which are subject to change or to different interpretation,
possibly with retroactive effect. Any such change may invalidate the contents of this section, which will not be updated to reflect such
change. Where this section refers to “the Netherlands” and “Dutch” it refers only to the part of the Kingdom of
the Netherlands located in Europe. In addition, this section is based on the assumption that the Notes do not qualify as equity for Dutch
tax purposes.

This section is intended as general information only, it does not constitute tax or legal advice and it does not purport to describe all possible Dutch tax considerations or consequences that may be relevant to a holderand does not purport to deal with the tax consequences
applicable to all categories of investors, some of which may be subject to special rules. In view of its general nature, it should be
treated with appropriate caution.

PROSPECTIVE INVESTORS SHOULD CONSULT THEIR OWN TAX ADVISERS AS TO THE CONSEQUENCES OF PURCHASING THE NOTES, INCLUDING, WITHOUT LIMITATION, THE CONSEQUENCES OF THE RECEIPT OF INTEREST AND THE SALE OR OTHER DISPOSITION OF THE NOTES OR COUPONS.

For Dutch tax purposes, a
holder of Notes may include, without limitation:

| · | an owner of one or more Notes who, in addition                      
 to the title to such Notes, has an economic interest in such Notes; |

| · | a person or an entity that holds the entire economic 
 interest in one or more Notes;                       |

| · | a person or an entity that holds an interest                                                                                          
 in an entity, such as a partnership or a mutual fund, that is transparent for Dutch tax purposes, the assets of which comprise one or 
 more Notes; and                                                                                                                       |

a person who or an entity
that does not have the legal title to the Notes, but to whom the Notes are attributed based either on such person or entity holding a
beneficial interest in the Notes or based on specific statutory provisions, including statutory provisions pursuant to which the Notes
are attributed to a person who is, or who has directly or indirectly inherited the Notes from a person who was, the settlor, grantor or
similar originator of a trust, foundation or similar entity that holds the Notes.

<div align='center'>S-32</div>

Dutch Withholding Tax

Holders of Notes Not Affiliated with the Issuer

All payments made bythe Issuer under the Notes to holders of Notes