Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 258

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 258
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, modified by Law No. 11,638/07, profit retention is carried out based on a capital budget. This practice aims to meet the needs of the Company's investment plan, previously approved at the Ordinary General Meeting. In the year ended December 31, 2024, the Company absorbed the loss for the year in the amount of R$( 7,315,184 5,157,140 14,972,324

24.4 Other reserves

These are changes that occur in shareholders' equity arising from transactions and other events that do not originate with shareholders and are disclosed net of tax effects, as set forth below:

                                                                                                            Exchange variation and fair value of financial assets                                                               
  Balances at December 31, 2022                                              ( 45,746)      ( 144,799)                                                                      2,163        3,218       1,904,680       1,719,516  
  Actuarial loss                                                                             ( 84,828)                                                                                                               ( 84,828)  
  Loss on conversion of financial assets and fair value                                                     ( 865)                                                                                                              
  Gain on conversion of financial statements and on foreign investments                                                                                                                  5,178                           5,178  
  Partial realization of deemed cost, net of taxes                                                                                                                                                  ( 100,705)      ( 100,705)  
  Balances at December 31, 2023                                              ( 45,746)      ( 229,627)                                                                      1,298        8,396       1,803,975       1,538,296  
  Actuarial loss                                                                                90,931                                                                                                                  90,931  
  Loss on conversion of financial assets and fair value                                                                                                                ( 364,231)                                   ( 364,231)  
  Gain on conversion of financial statements and on foreign investments                                                                                                                163,185                         163,185  
  Partial realization of deemed cost, net of taxes                                                                                                                                                   ( 79,385)       ( 79,385)  
  Balances at December 31, 2024                                              ( 45,746)      ( 138,696)                                                                 ( 362,933)      171,580       1,724,590       1,348,796  

  F-84  

Table of Contents

24.5 Treasury shares

On December 31, 2024, the Company had 24,875,787 34,765