Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 260

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 260
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                                   49,845,869                        41,919,038                        51,999,613  
  Taxes on sales                 ( 2,442,587)                      ( 2,163,463)                      ( 2,168,667)  
  Net sales                        47,403,282      39,755,575                        49,830,946                    

  F-87  

Table of Contents

28 SEGMENT INFORMATION

28.1 Criteria for identifying operating segments

The Board of Directors and Board of Statutory Executive Officers evaluate the performance of the Company’s business segments through the Adjusted EBITDA. The Company has revised the segment note to present Adjusted EBITDA as its performance measure.

The operating segments defined by the Company’s management are set forth below:

(i) Pulp: comprised of the production and sale of hardwood eucalyptus pulp and fluff pulp, mainly to supply the foreign market.

(ii) Paper: comprises the production and sale of paper to meet the demands of both the domestic and foreign markets. Consumer goods (tissue) sales are classified under this segment due to their immateriality.

Information related to total assets by reportable segment is not disclosed, as it is not included in the set of information made available to the Company’s management, which makes investment decisions and determines the allocation of resources on a consolidated basis.

In addition, with respect to geographical information related to non-current assets, the Company does not disclose such information, as all property, plant and equipment, biological and intangible assets are substantially in Brazil.

28.2 Information of operating segments

                                                Pulp                                                                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
                                                12/31/2024                                                          
  Net sales                                                        37,593,462         9,809,820         47,403,282  
  Domestic market (Brazil)                                          2,295,258         7,278,586          9,573,844  
  Foreign market                                                   35,298,204         2,531,234         37,829,438  
  Asia                                                             15,760,800            24,767         15,785,567  
  Europe                                                           11,895,394           355,784         12,251,178  
  North America                                                     6,965,731           914,234          7,879,965  
  South