Company: SUZ
Filing Date: 2025-09-02
Form Type: 424B2
Source: 0001104659-25-086037
Chunk: 32

Company: Suzano S.A.
Filing Date: 2025-09-02
Form: 424B2
Chunk 32
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 all of the Notes are to be redeemed, the Notes to be redeemed shall be selected
by the trustee by such method as set forth in the indenture.

<div align='center'>S-22</div>

Optional Tax Redemption

If as a result of any change
in or amendment to the laws or treaties (or any rules or regulations thereunder) of any Relevant Taxing Jurisdiction (as defined
in the accompanying prospectus under “Description of the Debt Securities—Payment of Additional Amounts”), or any amendment
to or change in an official interpretation, administration or application of such laws, treaties, rules, or regulations (including a holding
by a court of competent jurisdiction), which becomes effective on or after the issue date, or, with respect to a successor, after the
date a successor assumes the obligations under the Notes or the Guarantee, the Issuer or Suzano or a successor have or will become obligated
to pay Additional Amounts as described above under “— Payment of Additional Amounts” in excess of the Additional Amounts
that the Issuer or Suzano would be obligated to pay if payments were subject to withholding or deduction at a rate of 15% (or at a rate
of 25% in case the holder of the Notes is resident in a Low or Nil Tax Jurisdiction, as discussed below in “Certain Tax Considerations—Brazilian
Tax Considerations—Discussion of Low or Nil Tax Jurisdictions”) as a result of the taxes, duties, assessments and other governmental
charges described above (the “”), then we may, at our option, redeem all, but not less than
all, of the Notes, at a redemption price equal to 100% of their principal amount, together with interest and Additional Amounts accrued
to the date fixed for redemption, upon publication of irrevocable notice not less than 15 days nor more than 90 days prior to the date
fixed for redemption. No notice of such redemption may be given earlier than 90 days prior to the earliest date on which we would, but
for such redemption, be obligated to pay the Additional Amounts above the Minimum Withholding Level, were a payment then due. We shall
not have the right to so redeem the Notes in the event we become obliged to pay Additional Amounts which are less than the Additional
Amounts payable at the Minimum Withholding Level. Notwithstanding the foregoing, the Issuer shall not have the right to so redeem the
Notes unless: (i) it