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

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 6
Chunk 20
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iii) Executive Secretary at the Ministry of Finance from February 2014 to February 2015; (iv) Corporate Executive Director at Companhia Siderúrgica Nacional; (v) he served, for a certain period, on the Board of Directors of the following companies: Banco do Brasil S. A.; Brasilprev; Cielo, Elo Participações S. A.; Banco Votorantim; CBSS Visavale (Alelo); Vale; Brasilcap Capitalização; and Banco Votorantim; he was also a member of the Advisory Board of Febraban - Brazilian Federation of Banks.

As of April 25, 2025, the members of our audit committee, on an individual basis and as a group, directly owned less than 1.0% of our common shares.

Family relationship

Mrs. David Feffer and Daniel Feffer, respectively serving as Chairman and Vice-Chairman of our board of directors, are brothers. Mrs. Gabriela Feffer Moll, a member of our board of directors, is the daughter of Mr. David Feffer, Chairman of our board of directors.

B. Compensation

Aggregate compensation for the members of our board of directors and our executive officers is determined annually at our shareholders’ meeting, in accordance with our bylaws. Our board of directors is responsible for the distribution of such amount between its members and the members of our board of executive officers.

Our shareholders’ meeting held on April 25, 2025 approved the global compensation for the members of our board of directors, fiscal council and board of executive officers for the fiscal year of 2025 in the amount of up to R$ 185.0 million (including social contribution).

For the years ended December 31, 2024, 2023, and 2022 the aggregate compensation of all of our directors, officers and members of our fiscal council was R$ 167.1 million, R$117.7 million, and R$99.2 million (including social contribution), respectively, which includes bonuses in the aggregate amount of R$ 17.7 million, R$24.1 million and R$11.6 million, respectively. In addition, for 2024, 2023 and 2022d 2021 we paid an aggregate of R$ 0.724 million, R$0.598 million and R$0.548 million into our pension plan on behalf of our directors.

Information on elements of compensation for the year