Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 70

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 70
---
 275 of the SFA by a relevant person which is:

<div align='center'>S-45</div>

(a)a
corporation (which is not an accredited investor (as defined in Section 4A of the SFA)) the sole business of which is to hold investments
and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or

(b)a
trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary of the trust is
an individual who is an accredited investor,

securities or securities-based
derivatives contracts (each term as defined in Section 2(1) of the SFA) of that corporation or the beneficiaries’ rights
and interest (howsoever described) in that trust shall not be transferred within six months after that corporation or that trust has
acquired the Notes pursuant to an offer made under Section 275 of the SFA except:

(1)to
an institutional investor or to a relevant person, or to any person arising from an offer referred to in Section 275(1A) or Section 276(4)(i)(B) of
the SFA;

(2)where
no consideration is or will be given for the transfer;

(3)where
the transfer is by operation of law;

(4)as
specified in Section 276(7) of the SFA; or

(5)as
specified in Regulation 37A of the Securities and Futures (Offers of Investments) (Securities and Securities-based Derivatives Contracts)
Regulations 2018.

Any reference to the SFA
is a reference to the Securities and Futures Act, Chapter 289 of Singapore and a reference to any term as defined in the SFA or any provision
in the SFA is a reference to that term or provision as modified or amended from time to time including by such of its subsidiary legislation
as may be applicable at the relevant time.

Section 309B(1) Notification
- In connection with Section 309B of the SFA and the CMP Regulations 2018, the Issuer has determined, and hereby notifies all persons
(including relevant persons (as defined in Section 309A(1) of the SFA)) that the Notes are prescribed capital markets products
(as defined in the CMP Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on