Company: SUZ
Filing Date: 2025-09-04
Form Type: 424B2
Source: 0001104659-25-087376
Chunk: 105

Company: Suzano S.A.
Filing Date: 2025-09-04
Form: 424B2
Chunk 105
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uer

Without the consent of any holders of debt securities
(and, by purchasing any debt securities, each holder expressly consents to the provisions of this section), Suzano or any Wholly Owned
Subsidiary of Suzano may, at any time and in Suzano’s sole discretion, replace Suzano Austria or Suzano Netherlands, as the case
may be, as issuer and principal debtor in respect of any series of debt securities issued by Suzano Austria or Suzano Netherlands, provided
that Suzano, the successor issuer (if a Wholly Owned Subsidiary of Suzano) and the trustee enter into a supplemental indenture under
which (i) the successor issuer assumes all of the obligations of Suzano Austria or Suzano Netherlands, as the case may be, under
such debt securities and, unless the successor issuer is Suzano, Suzano reaffirms that its existing guarantee remains in full force and
effect, and (ii) the successor issuer agrees to a covenant in terms corresponding to the obligations of Suzano Austria or Suzano
Netherlands, as the case may be, in respect of the payment of additional amounts as described under “— Payment of Additional
Amounts” (but replacing references to Austria or the Netherlands with references to the jurisdiction of organization of the successor
issuer, as applicable). The successor issuer will have the right to an effect the optional redemption for tax reasons as described above
under “— Optional Tax Redemption” or provided for in the prospectus supplement.

Upon a substitution of Suzano Austria or Suzano
Netherlands, as the case may be, as issuer as described hereunder, the successor issuer will succeed to, and may exercise every right
and power of, Suzano Austria or Suzano Netherlands, as the case may be, under the relevant series of debt securities under the applicable
indenture with the same effect as if such successor issuer had been named as the issuer under the applicable indenture and the debt securities,
and Suzano Austria or Suzano Netherlands, as the case may be, will be released from its liability as obligor upon such debt securities.
Any such substitution might be treated for U.S. federal income tax purposes as a deemed disposition of debt securities by a U.S. holder
in exchange for new debt securities issued by the new obligor. As a result of this deemed disposition, a U.S. holder could be required
to recognize capital gain or loss for U.S. federal income tax purposes equal to the difference, if any, between