Company: SUZ
Filing Date: 2025-05-01
Form Type: F-3ASR
Source: 0001104659-25-042824
Chunk: 50

Company: Suzano S.A.
Filing Date: 2025-05-01
Form: F-3ASR
Chunk 50
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 debt
securities through Euroclear or Clearstream accounts will follow the settlement procedures that are applicable to securities in registered
form. Debt securities will be credited to the securities custody accounts of Euroclear and Clearstream participants on the business day
following the settlement date for value on the settlement date. They will be credited either free of payment or against payment for value
on the settlement date.

We understand that secondary market trading between
Euroclear or Clearstream participants will occur in the ordinary way following the applicable rules and operating procedures of Euroclear
and Clearstream. Secondary market trading will be settled using procedures applicable to securities in registered form.

You should be aware that investors will only be
able to make and receive deliveries, payments and other communications involving the debt securities through Euroclear and Clearstream
on business days. Those systems may not be open for business on days when banks, brokers and other institutions are open for business
in the United States or Brazil.

In addition, because of time zone differences,
there may be problems with completing transactions involving Euroclear and Clearstream on the same business day as in the United States
or Brazil. U.S. and Brazilian investors who wish to transfer their interests in the debt securities, or to make or receive a payment or
delivery of the debt securities on a particular day may find that the transactions will not be performed until the next business day in
Luxembourg or Brussels, depending on whether Euroclear or Clearstream is used.

Euroclear or Clearstream will credit payments
to the cash accounts of participants in Euroclear or Clearstream in accordance with the relevant systemic rules and procedures, to
the extent received by its depositary. Euroclear or Clearstream, as the case may be, will take any other action permitted to be taken
by a holder under the indenture on behalf of a Euroclear or Clearstream participant only in accordance with its relevant rules and
procedures.

Euroclear and Clearstream have agreed to the foregoing
procedures in order to facilitate transfers of the debt securities among participants of Euroclear and Clearstream. However, they are
under no obligation to perform or continue to perform those procedures, and they may discontinue those procedures at any time.

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Same-Day Settlement and Payment

The underwriters will settle the debt securities
in immediately available funds. We will make all payments of principal and interest on the debt securities in immediately available funds.
Secondary market trading between participants in Euroclear and Clearstream will occur in accordance with the applicable