Company: SUZ
Filing Date: 2025-05-01
Form Type: F-3ASR
Source: 0001104659-25-042824
Chunk: 21

Company: Suzano S.A.
Filing Date: 2025-05-01
Form: F-3ASR
Chunk 21
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 Netherlands, as applicable, will make such deduction
or withholding, make payment of the amount so withheld to the appropriate governmental authority and pay such additional amounts as may
be necessary to ensure that the net amounts receivable by holders of debt securities after such withholding or deduction shall equal the
respective amounts of principal and interest which would have been receivable in respect of the debt securities in the absence of such
withholding or deduction (“Additional Amounts”). Notwithstanding the foregoing, no such Additional Amounts shall be payable:

| a) | in respect of any taxes, duties, assessments or governmental charges that would not have been so withheld or deducted but for the               
 existence of any present or former connection between the holder or beneficial owner of the debt securities (or between a fiduciary, settlor,   
 beneficiary, member or shareholder of such holder or beneficial owner, if such holder or beneficial owner is an estate, a trust, a partnership, 
 a limited liability company or a corporation) and the Relevant Taxing Jurisdiction, including, without limitation, such holder or beneficial    
 owner (or such fiduciary, settlor, beneficiary, member or shareholder) being or having been a citizen or resident thereof or being or           
 having been engaged in a trade or business or present therein or having, or having had, a permanent establishment therein, other than           
 the mere holding of the debt securities or enforcement of rights and the receipt of payments with respect to the debt securities;               |

| b) | in respect of debt securities presented for payment more than 30 days after the Relevant Date (as defined below) except to the extent        
 that the holder of such debt securities would have been entitled to such Additional Amounts on surrender of such debt securities for payment 
 on the last day of such period of 30 days;                                                                                                   |

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| c) | in respect of any taxes, duties, assessments or other governmental charges that would not have been so withheld or deducted but for       
 the failure by the holder, the beneficial owner of the debt securities, or, in the case of amounts payable to the Trustee, the Trustee    
 to (i) make a declaration of non-residence, or any other claim or filing for exemption, to which it is entitled, or (ii) comply           
 with any certification, identification or other reporting requirement concerning the nationality, residence, identity or connection with  
 the Relevant Taxing Jurisdiction, if (1) compliance is required by the Relevant Taxing Jur