Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 257

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 19
Chunk 257
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428)  
  Adjusted EBTIDA                                        18,272,970                    
  Capex Maintenance (Sustain)                                            ( 6,706,367)  
  GCO = Adjusted EBTIDA - Capex Maintenance              11,566,603                    
  Dividends (10%) - Art. 26, "c" of the Bylaws            1,156,660                    
  Interest on own capital distributed and dividends                         1,500,000  
  Withholding income tax                                                   ( 190,119)  
  Interest on own capital distributed in excess (1)                        ( 153,221)  

(1) Considering that the distribution of Interest on own capital in the year ending in 2023 exceeded the minimum mandatory dividends, the Company does not expect to propose additional dividends at the next shareholders' meeting.

24.3 Reserves

24.3.1 Capital reserve

They consist of amounts received by the Company arising from transactions with shareholders that do not pass through the income statement and may be used to absorb losses when they exceed profit reserves and redemptions, reimbursements and purchases of shares.

24.3.2 Income reserves

Reserves are constituted by the allocation of the Company's profits, after the allocation for the payment of the minimum mandatory dividends and after the allocation to the various profit reserves, as set forth below:

(i) Legal: measured based on 5 20 30 1,847,109 1,847,109

(ii) Capital increase: measured on the basis of up to 90 80 2,807,632 15,670,952

(iii) Special statutory: measured on the basis of up to 10 20 1,847,109 1,887,576

  F-83  

Table of Contents

(iv) Tax incentives: set up under the terms of article 195-A of Law 6,404/76, amended by Law 11,638/07 and at the proposal of the management bodies, the company will allocate the portion of net income arising from donations or government subsidies to investments, this portion being excluded from the basis for calculating the mandatory dividend. For the year ended December 31, 2024, the balance of this reserve is R$ 1,319,908 998,237 299,515 14,574 7,582

(v) Investment reserve: constituted in accordance with article 196 of Law No. 6,404/76