Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 83

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 4
Chunk 83
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, along with Itaú Unibanco, Marfrig, Rabobank, Santander and Vale announced the creation of "Biomas", a new company focused entirely on the restoration, conservation and preservation of forests in Brazil. The company’s mission is to restore and protect, over the next 20 years, four million hectares of native forest in some of Brazil's most valuable ecosystems, including the Amazon, Atlantic Forest and Cerrado biomes.

In June 2023, we completed the purchase of Kimberly-Clark's Tissue business in Brazil and became the Brazilian market leader in the toilet paper segment with 24% of the toilet paper market in terms of transaction value. The acquisition involved a factory located in Mogi das Cruzes (SP), which contractually provides for an installed capacity of approximately 130 thousand tons per year for manufacturing, marketing, distribution and/or sale of tissue products in the country, including ownership of the brand.” NEVE”, bringing to us a complementarity of brands, product categories and geography.

In 2024, we celebrated our first centenary by planting the future for the next 100 years: through a legacy project that involves partnerships with both international and Brazilian universities to enhance sustainability education and investments aimed at protecting biodiversity. Below are some of the highlights for the year:

• In July 2024, we concluded the construction of our new pulp production mill with a nominal capacity of 2,550,000 tons of eucalyptus pulp per year, located in the municipality of Ribas do Rio Pardo, in the state of Mato Grosso do Sul, known as Cerrado Project. The Cerrado project represents an important development in our long-term strategy, contributing to the expansion of our structural competitiveness, meeting the growing demand for hardwood pulp, and to our evolution in sustainability.

• In August 2024, we acquired a 15% minority stake in Lenzing Aktiengesellschaft (“ Lenzing”) held by B& C and entered into a shareholders' agreement with B& C, which sets forth the key terms and conditions of this partnership, including: (a) Suzano's right to hold two seats on Lenzing’s Board of Directors; and (b) Suzano's right to change Lenzing’s control by acquiring an additional 15% stake in Lenzing shares held by B& C, through a mandatory public takeover offer process as established by Austria’s Takeover Act.

• In October 2024, we acquired the