UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549


FORM 6-K


REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2023.

Commission File Number 001-38755


Suzano S.A.

(Exact name of registrant as specified in its charter)


SUZANO INC.

(Translation of Registrant’s Name into English)

Av. Professor Magalhaes Neto, 1,752

10th Floor, Rooms 1010 and 1011

Salvador, Brazil 41 810-012

(Address of principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 29, 2023

SUZANO S.A.

By:

/s/ Marcelo Feriozzi Bacci

Name:

Marcelo Feriozzi Bacci

Title:

Chief Financial and Investor Relations Officer

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Exhibit 99.1

SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No. 16.404.287/0001-55

NIRE 29.300.016.331

CALL NOTICE

EXTRAORDINARY GENERAL SHAREHOLDERS’ MEETING

The Shareholders of Suzano S.A. (“Suzano” or “Company”) are hereby invited, pursuant to Section 124 of Law No. 6,404, of December 15, 1976, as amended (“Brazilian Corporate Law”), to convene in the Extraordinary General Shareholders’ Meeting to be held on the first call on October 31, 2023, at 10:00 a.m. (“EGSM”), exclusively in digital form, in the terms of Item I of Paragraph 2 of Section 5 and Paragraphs 2 and 3 of Section 28 of CVM Resolution No. 81, of March 29, 2022, as amended (“CVM Resolution No. 81/22”), to resolve on the following agenda:

(1)Approval of the Protocol and Justification of the Merger, by the Company, of MMC Brasil Indústria e Comércio Ltda., limited liability company, enrolled with CNPJ/MF under No. 48.573.767/0001-36, registered with the Commercial Registry of the State of São Paulo under NIRE 35.260.224.561, with head offices in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 1335, 10th floor, Jardim Paulistano, ZIP Code 01452-919 (“MMC”, “Merger” and “Merger Agreement”).

(2)Ratification of the appointment and engagement of the specialized company Apsis Consultoria e Avaliações Ltda. a company, enrolled with CNPJ/MF under No. 08.681.365/0001-30, with head offices in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua do Passeio, No. 62, 6th floor, Centro, Zip Code 20021-290  (“Appraiser”) for purposes of determining MMC’s net equity, pursuant the law.

(3)Approval of the appraisal report of MMC’s net equity, at book value, prepared by the Appraiser, in compliance with accounting and legal standards, criteria and requirements (“Appraisal Report”).

(4)Approval of the Merger.

(5)Approval of the amendment to Article 4 of the Company’s Bylaws to supplement the Company’s corporate purpose in order to (i) in clause “a”, encompass activities currently carried out by MMC and complement the description of the other activities and products indicated therein, including explicit mention of “accessory products or

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those sold together, including, but not limited to, stationery products, cleaning products, and other sanitary and personal hygiene products and their respective accessories”; (ii) supplement the description of the activities in clause “b” to include reference to the “conservation of native forest”; and (iii) supplement the description in clause “c” to explicitly refer to the activities of “reselling and/or promoting, including electronically, goods and products that are part of the Company’s corporate purpose, as well as establishing a technological channel developed for e-commerce for trading goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or of brands licensed by or to the Company and/or its subsidiaries”.

(6)Approval of the consolidation of the Company’s Bylaws.

(7)Authorization for the Company’s management to perform all necessary actions in order to effectively carry out and implement the resolutions approved by the shareholders, pursuant to applicable law.

The following documents are available to the Shareholders, at Suzano’s headquarters, in the Company’s investor relations website (www.suzano.com.br/ri), as well as on the websites of the Brazilian Securities and Exchange Commission (“CVM”) (www.cvm.gov.br) and B3 S.A. – Brasil, Bolsa, Balcão (“B3”) (http://www.b3.com.br), (a) the Management Proposal, containing (i) the Merger Agreement and its exhibits, of which the Appraisal Report; (ii) the main terms of the Merger, as required by Section 22 of CVM Resolution No. 81/22; (iii) the information concerning Exhibit L of CVM Resolution No. 81/22; (iv) a copy of the bylaws highlighting the proposed changes, as required by Section 12, item I of CVM Resolution No. 81/22; and (v) a report detailing the origin and rationale for significant changes in the bylaws and their legal and economic effects, as required by Section 12, item II of CVM Resolution No. 81/22; (b) the Shareholder’s Manual, containing attendance instructions for the EGSM and; (c) the template of the Distance Voting Ballot for the EGSM.

General Instructions

Pursuant to CVM Resolution No. 81/22, the participation of the Shareholders in the EGSM can be made through a digital platform to be made available by the Company for access on the day and time of the EGSM or through distance voting. The orientations and procedures applicable to both forms of participation mentioned herein, as well as the other instructions concerning the EGSM are detailed in the Shareholder’s Manual mentioned above, which is available at Suzano’s headquarters, in the Company’s investor relations website (www.suzano.com.br/ri), as well as on the CVM (www.cvm.gov.br) and B3 (http://www.b3.com.br) websites.

In order to attend the EGSM through the digital platform, the Shareholders must send to the Company an access request, accompanied by the following documents, pursuant to Section 126 of the Brazilian Corporate Law and as further detailed in the Shareholder’s Manual: (i) valid ID document of the shareholder or representative; (ii) statement issued by the depositary

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financial institution of the book entry shares or in shares in custody of such shareholder; (iii) documents confirming the powers of the legal representative of the legal entity shareholder of the manager or trustee with regards to investment funds; and (iv) power of attorney, duly valid pursuant to applicable law, in the event of representation of the shareholder by an attorney-in-fact.

Participation through the digital platform will be restricted to shareholders, their representatives, or proxies, as applicable, who register in accordance with the details provided in the Shareholder’s Manual, and who log into the system by the commencement of the EGSM’s proceedings. Registration must be completed by 10:00 a.m. on October 29, 2023, through electronic registration at the link https://qicentral.com.br/m/age-suzano-2023-10.

For Shareholders who exercise their voting rights by means of distance voting ballots, voting instructions should be transmitted by October 24, 2023 (inclusive), by sending the respective distance voting ballots: (i) to the Company’s bookkeeping agent; (ii) to their respective custody agents, in the case of shareholders holding shares deposited in a central securities depository; or (iii) directly to the Company, via the link https://qicentral.com.br/m/age-suzano-2023-10, in compliance with the provisions set forth in CVM Resolution No. 81/22 and the procedures described in the distance voting ballots provided by the Company.

Guidelines concerning the attendance and voting procedures applicable to the EGSM, as well as other instructions related to the EGSM, are detailed in the Shareholder’s Manual.

São Paulo, September 29, 2023.

David Feffer

Chairman of the Board of Directors

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Exhibit 99.2

Graphic

SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

MANAGEMENT PROPOSAL

EXTRAORDINARY GENERAL SHAREHOLDERS’ MEETING

OF

SUZANO S.A.

TO BE HELD EXCLUSIVELY IN DIGITAL FORM

ON OCTOBER 31, 2023

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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

Information on the matters subject to resolution………………………………………….3

Exhibit AInformation on the Merger (Exhibt I of CVM Resolution No. 81/22) …...7

Exhibit B Merger Agreement and MMC’ Appraisal Report………………………….17

Exhibit C Minutes of the Meeting of the Board of Directors…………………………149

Exhibit D Minutes of the Meeting of the Fiscal Council………………………………156

Exhibit E Information on the Appraiser (Exhibit L to CVM Resolution No. 81/22)………………………………………………………………………………………..161

Exhibit F Proposal for services and compensation of the Appraiser………………….162

Exhibit G Detailed explanation of the origins and rationale for significant changes in the Bylaws, with an analysis of their legal and economic effects……………………………193

Exhibit H Consolidated Bylaws…………………………………………………………..196

The items listed above are an integral part of this Management Proposal (“Management Proposal” or “Proposal”) and meet the requirements of Law No. 6.404, of December 15, 1976, as amended (“Brazilian Corporate Law”) and CVM Resolution No. 81 of March 29, 2022 (“CVM Resolution No. 81/22”).

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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

Information on the matters subject to resolution

Dear Shareholders,

The Management of Suzano S.A. (“Company” or “Suzano”) presents to the Shareholders the following Proposal, to be the subject to resolution in the Extraordinary General Shareholders Meeting (“EGSM”) to be held on October 31, 2023, at 10 a.m., exclusively in digital form, pursuant to CVM Resolution No. 81/22.

The Company emphasizes that the presentation of the information set forth in this Proposal does not replace, for any purpose, the attentive and complete reading of all its Exhibits.

(1) Approval of the Protocol and Justification Instrument of the Merger, by the Company, of MMC Brasil Indústria e Comércio Ltda.

Based on the clarification provided in this document, specially the information contained in Exhibit A, and under the Brazilian Corporate Law and the applicable regulations, it is proposed to be approved the Protocol and Justification Instrument of Merger containing the terms and conditions of the merger, by the Company, of MMC Brasil Indústria e Comércio Ltda., limited liability company, enrolled with CNPJ/MF under No. 48.573.767/0001-36, registered with the Commercial Registry of the State of São Paulo under NIRE 35.260.224.561, with head offices in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 1335, 10th floor, Jardim Paulistano, ZIP Code 01452-919 (“MMC”), with the Company being the direct holder of its entire equity capital (“Merger Agreement” and “Merger”).

The Merger Agreement, entered into by the managements of the Company and MMC on September 28, 2023, is part of this Proposal in the form of Exhibit B. The document sets forth the bases, justifications and effects of the Merger, including, without limitation, the treatment of equity variations that may occur between the base date of MMC’s appraisal report and the effective date of consummation of the Merger. The signing of the Merger Agreement was approved by the Board of Directors in a meeting held on September 28, 2023, the minutes of which are included in Appendix C to this proposal. It received a favorable opinion from the Fiscal Council, as per the resolution approved in the Fiscal Council’s meeting on the same date, the minutes of which are in Appendix D.

(2)Ratification of the appointment and engagement of the specialized company Apsis Consultoria e Avaliações Ltda. to appraise the net equity of MMC, pursuant to the Law.

Based on the clarification provided in this document and in accordance with the Brazilian Corporate Law and applicable regulations, it is proposed to be ratified the appointment and

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engagement of the specialized company Apsis Consultoria e Avaliações Ltda., a company enrolled with CNPJ/MF under No. 08.681.365/0001-30, with head offices in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua do Passeio, No. 62, 6th floor, Centro, ZIP Code 20021-290 (the “Appraiser”), to prepare the net equity appraisal report of MMC and its respective exhibits, at its book value, according to the law (“Appraisal Report”).

The Appraiser specialize in auditing, consultancy and preparation of equity appraisal reports in accordance with applicable standards and audit procedures.

Further information on the contracting of the Appraiser is provided in Exhibit E and Exhibit F of this Proposal, pursuant to Section 25 of CVM Resolution No. 81/22.

(3)Approval of the appraisal report of MMC’s net equity, at book value, prepared by the Appraiser in compliance with accounting and legal standards, criteria and requirements.

Based on the clarifications set forth in this document and pursuant to the terms of the Brazilian Corporation Law and applicable regulations, it is proposed that the appraisal report on MMC’s net equity be approved, at book value, prepared by the Appraiser, in compliance with the accounting and legal standards, criteria and requirements, which is attached to this Proposal as Exhibit I of the Merger Agreement (Exhibit B of this Proposal).

Considering that Suzano directly holds one hundred percent (100%) of MMC’s equity capital, and in view of the decision of the Board of Commissioners of the Brazilian Securities and Exchange Commission, rendered on February 15, 2018 in connection with Proceeding SEI No. 19957.011351/2017-21, Section 264 of the Brazilian Corporate Law is not applicable to the Mergers, thus, it will not be necessary to prepare the reports referred to in the aforementioned provision.

(4)Approval of the Merger.

After the resolutions on the items detailed above, which are steps of the Merger, it is proposed to be approved the Merger of MMC by the Company, under the terms and conditions of the Merger Agreement, the Brazilian Corporate Law and the applicable regulations.

The Merger proposed herein, if approved, will result in the complete transfer, to the Company, of MMC’s net equity assets, as determined by the Appraisal Report. As a result, Suzano shall adjust its balance sheets in order to reflect the replacement of the investments it holds in MMC with the net assets corresponding to the aforementioned equity interest and MMC shall cease to exist. It should be noted that the Merger will only be finalized and take effect on November 1, 2023.

For all due purposes, it is hereby clarified that the Company directly holds one hundred percent (100%) of MMC’s equity capital, in a manner that the Merger will not result in a capital increase of the Company, nor will it entail any right of withdrawal for the Company’s shareholders.

Further information on the Mergers is provided in Exhibit A of this Proposal, pursuant to Section 22 of CVM Resolution No. 81/22.

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(5)Approve the amendment to Article 4 of the Company’s Bylaws to complement the Company’s corporate purpose in order to (i) in clause “a”, encompass activities currently carried out by MMC and complement the description of the other activities and products indicated therein, including explicit mention of “accessory products or those sold together, including, but not limited to, stationery products, cleaning products, and other sanitary and personal hygiene products and their respective accessories”; (ii) complement the description of the activities in clause “b” to include reference to the “conservation of native forest”; and (iii) complement the description in clause “c” to explicitly refer to the activities of “reselling and/or promoting, including electronically, goods and products that are part of the Company’s corporate purpose, as well as establishing a technological channel developed for e-commerce for trading goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or of brands licensed by or to the Company and/or its subsidiaries”.

The Company’s management proposes that the list of corporate purposes set forth in Article 4 of its Bylaws be supplemented to include the following activities:

Article 4 – (...)

(a) manufacture, trade, import, and export of pulp, paper and other products originated from the transformation of forest materials, including their recycling, as well as wood, products related to the printing industry, and accessory products or those sold alongside them, including but not limited to stationery products, cleaning products, and other sanitary and personal hygiene products, and their respective accessories.

(b) formation and commercial operation of homogeneous forests, company-owned or owned by third parties, directly or through contracts with companies specializing in forest cultivation and management, as well as the conservation of native forest;

(c) provision of services, and import, export, and commercial operation of assets related to the Company’s purposes, including but not limited to the resale and/or promotion, even through electronic means, of goods and products that are part of the Company’s corporate purpose, as well as establishing a technological channel developed for e-commerce to trade goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or brands licensed by or to the Company and/or its subsidiaries.”

Considering (i) that some of the activities described above were already indirectly carried out by a company in which the Company holds the entirety of the equity capital; and (ii) that the proposed change does not represent a substantial modification to the Company’s main corporate purpose, as they are accessory activities that contribute to the pursuit of the Company’s primary corporate purposes, and in light of the decision rendered on March 27, 2018, by the Board of Commissioners of CVM in the Proceeding SEI No. 19957.000175/2018-83, the proposed change does not constitute a scenario for the exercise of withdrawal rights by Company shareholders dissenting from the resolution due to its approval.

The information required by Section 12 of CVM Resolution No. 81/22 is included in Exhibits G and H to this Proposal.

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(6)Approve the consolidation of the Company’s Bylaws.

It is proposed to approve the consolidation of the Company’s Bylaws, as set out in Exhibit H to this Proposal, to reflect the change proposed in item 5 above.

(7)Authorization of the Company’s management to perform all acts necessary to carry out and implement the resolutions approved, under the terms of the current regulation.

Lastly, it is proposed that Suzano’s managers be authorized to perform any and all additional actions that may be required to carry out and implement the resolutions approved by the shareholders at the EGSM (including, without limitation, the Merger), pursuant to the terms and conditions set forth in the Merger Agreement, the Brazilian Corporate Law and applicable regulations.

Additional information and where to find it

The documents required by the Brazilian Corporate Law and in CVM Resolution No. 81/22 were submitted to CVM on the present date, through the Periodic Information System (IPE) and are available to the shareholders at the Company’s headquarters, at the Company’s Investor Relations website (www.suzano.com.br/ri), as well as on the CVM website (www.cvm.gov.br) and B3 S.A. - Brasil, Bolsa, Balcão website (http://www.b3.com.br).

Marcelo Feriozzi Bacci

Chief Financial and Investor Relations Officer

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SUZANO S.A.

Publicly Held Company

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

Exhibit A

Information on the Merger

(Exhibit I to CVM Resolution No. 81/22)

Pursuant to Section 22 of CVM Resolution No. 81/22, the Company provides the following information about the Merger, as defined below, to be discussed in the EGSM of the Company to be in held on October 31, 2023, at 10 a.m., exclusively in digital form.

1.Protocol and justification of the transaction, in accordance with Sections 224 and 225 of Law No. 6,404, of 1976.

The “Merger Agreement” is disclosed in the Exhibit B to this Proposal.

2.Other agreements, contracts, pre-agreements governing the exercise of voting rights or transfer of shares issued by the surviving companies or the companies arising out the transaction, filed at the registered office of the company or to which the company’s controlling shareholder is a party.

Not applicable.

3.Description of the transaction, including:

a. Terms and condition:

Subject to the terms and conditions of the Merger Agreement, the transaction will consist of the Merger, by the Company, of MMC (as defined in the Merger Agreement) (“Merger”).

The Company directly holds one hundred percent (100%) of MMC’s equity capital, in a manner that the Merger will not result in a capital increase of the Company, given that MMC’s net equity is already fully reflected in Suzano’s net equity, nor will it give rise to any right of withdrawal for the Company’s shareholders.

The economic effects of the Merger will consist of the effective integration of activities performed by MMC and Suzano in order to enable the capture of efficiency gains and synergies from reduced operational, logistical and administrative costs and risks, as well as result in an optimized management and a simplified corporate structure for Suzano.

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b.Obligations to indemnify
i.The managers of any of the companies involved
ii.If the transaction does not take place

Not applicable.

c.Table comparing the rights, advantages and restrictions applicable to the shares of the companies involved or arising out the transaction, before and after the transaction

Before and after the Merger, there will be only the same shares issued by the Company that existed prior to the Merger, which will maintain the same rights and advantages referred to in “Section 12 – Securities” of the Company’s 2023 Reference Form (version 3).

d.Eventual need for approval by debenture holders or other creditors

Not applicable.

e.Assets and liabilities that will comprise each portion of the equity, in the event of a spin-off

Not applicable.

f.Intention of the resulting companies to obtain registration as a securities issuer

Not applicable.

4.Plans to conduct corporate business, notably in relation to specific corporate events intended to be promoted

The Company will continue, after the Merger, to be dedicated  to the regular development of its activities, which will not suffer any change due to the Merger, maintaining the Company as a publicly held company.

5.Analysis of the following aspects of the transaction:

a.Description of the key expected benefits, including: (i) Synergies, (ii) Tax benefits; and (iii) Strategic advantages

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The Company understands that the effective integration of the activities of MMC and the Company will allow the capture of efficiency gains and synergies from reduced operational, logistical and administrative costs and risks, as well as resulting in an optimized management and a simplified corporate structure for Suzano.

b.Costs

The managements of the Company and MMC estimate that the costs of carrying out the Merger are in the order of approximately two hundred thousand Brazilian reais (R$ 200,000.00), including expenses with publications, records, auditors, appraisers, legal advisors and others professionals engaged in the transaction.

c.Risk factors

The Merger does not represent an additional risk factor for the Company, and the information described in “Section 4 – Risk Factors” of the Company’s 2023 Reference Form (version 3) remains valid and current.

d.In the case of a related party transaction, any alternatives that could have been used to achieve the same objectives, stating the reasons why these alternatives were not considered

The Merger of MMC by the Company is the most efficient way to: (i) capture efficiency gains and synergies stemming from the reduction of operational, logistical and administrative costs; and (ii) implement management optimization and simplification of Suzano’s corporate structure. Other alternatives, such as MMC’s termination, would entail additional costs of implementation and greater operational complexity to achieve the same desired result.

e.Exchange Ratio

Not applicable, considering that: (i) Suzano directly holds one hundred percent (100%) of MMC’s equity capital; (ii) all MMC units will be canceled with the completion of the Merger, as provided for in Section 226, Paragraph 1, of the Brazilian Corporation Law; and (iii) Company’s shares will not be issued to replace MMC’s units.

f.For transactions involving parent companies, subsidiaries or companies under common control

i.Exchange ratio of shares calculated in accordance with Section 264 of Law No. 6,404, of 1976.

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Not applicable, see item 5(e) above, and in view of the decision of the Board of Commissioners of CVM rendered on February 15, 2018 in connection with Proceeding SEI No. 19957.011351/2017-21.

ii.Detailed description of the exchange ratio negotiation process and other terms and conditions of the transaction.

Not applicable. Please refer to item 5(e) above.

iii.If the transaction has been preceded, in the last 12 (twelve) months, by an acquisition of control or acquisition of interest in a controlling block:

(a) Comparative analysis of the exchange ratio and the price paid for the acquisition of control;

(b) Reasons that justify any differences in valuation in the different transaction.

Not applicable. Please refer to item 5(e) above.

iv.Justification of why the exchange ratio is fair, including a description of the procedures and criteria adopted to ensure fairness of the transaction or, if the exchange ratio is not fair, detail of the payment or equivalent measures adopted to ensure adequate compensation.

Not applicable. Please refer to item 5(e) above.

6.Copy of the minutes of all meetings of the board of directors, audit board and special committees in which the transaction was discussed, including any dissenting vote

The minutes of the meeting of the Board of Directors of the Company in which the Merger were examined is disclosed in Exhibit C of this Proposal, while the minutes of the Fiscal Council Meeting that issued its opinion on the matter is disclosed in Exhibit D of this Proposal. Such documents are also available at the Company’s headquarters, on its investor relations website (www.suzano.com.br/ri), as well as on the CVM (www.cvm.gov.br) and B3 (http://www.b3.com.br) websites.

7.Copy of studies, presentations, reports, opinions, valuation or opinion reports of the companies involved in the transaction made available to the controlling shareholder in any stage of the transaction

The Appraisal Report of MMC’s net equity at book value is disclosed in Exhibit I of the Merger Agreement (Exhibit B of this Proposal), and is also available at the Company’s headquarters, on its investor relations website (www.suzano.com.br/ri), as well as on the CVM (www.cvm.gov.br) and (http://www.b3.com.br) websites.

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8.Identification of possible conflicts of interest between the financial institutions, companies and professionals that have prepared the documents mentioned in item 7 and the companies involved in the transaction

The Management of the Company engaged an independent firm to prepare MMC’s Appraisal Report and did not identify conflicts of interest between the parties involved in the transaction.

Besides that, the Appraiser stated: (i) not to have knowledge of conflicts of interest, direct or indirect, either any other circumstances that represent conflict of interest regarding the draft of the Appraisal Report; and (ii) not to have knowledge of any action of Suzano or MMC’s managers with the purpose of directing, limiting, difficulting or practicing any acts that have or may have compromised the access, the use or the knowledge of information, documents or relevant work methodologies with regard to the quality of the services provided.

9.Proposals of bylaws or amendments to the bylaws of the companies arising out the transaction

Due to the Merger, the Company will adjust the wording of its corporate purpose for a more detailed description of the activities carried out, expressly encompassing activities currently performed by MMC. Such an amendment does not constitute a case for exercising withdrawal rights by Suzano’s shareholders, as it does not represent a substantial modification of the Company’s business purpose, in line with the decision rendered on March 27, 2018, by the Board of Commissioners of CVM in the Proceeding SEI No. 19957.000175/2018-83.

10.Financial statements used for the purpose of the transaction, in accordance with the specific rules

The Merger will be carried out considering MMC’s book value, as reflected in MMC’s unaudited balance sheets, which are part of the Appraisal Report, available in Exhibit I of the Merger Agreement (Exhibit B of this Proposal).

11.Pro forma financial statements used for the purpose of the transaction, in accordance with the specific rules

Not applicable, provided the Merger: (i) does not represent a dilution greater than five percent (5%), since it will not result in a capital increase of Suzano and, consequently, there will be no exchange ratio of units/shares; and (ii) does not constitute a relevant transaction for the purposes of OCPC Technical Guideline No. 06 (Orientação Técnica OCPC nº 06).

12. Document containing information on the companies directly involved that are not publicly held, including:

a.Risk factors, in the terms of itens 4.1 to 4.3 of the reference form

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MMC's corporate purpose includes:

(a)The industrial or commercial operation, including importation, exportation, and distribution of (i) moist wipes for general cleaning; (ii) cleaning products, such as disinfectants, soaps, and domestic sanitizing products; (iii) facial tissues, sanitary papers, hygiene products and their by-products, as well as other products sold alongside or complementary to them; and (iv) other sanitary and personal hygiene products, whether for consumer or industrial use;

(b)The provision of services related to its business purpose;

(c)Representation of other companies, whether national or international, on its own or on behalf of third parties; and

(d)Participation in other companies, as a partner, shareholder, or quota holder.

MMC’s fixed assets are listed in the respective Appraisal Report. Its current equity capital amounts to five hundred ninety-eight million, seven hundred seventy-two thousand, two hundred fifty-two Brazilian reais (R$ 598,772,252.00), fully subscribed and paid up, divided into five hundred ninety-eight million, seven hundred seventy-two thousand, two hundred fifty-two (598,772,252) units, with a nominal value of R$ 1.00 each, all wholly owned by Suzano.

Suzano does not identify any additional risk factors applicable to the Company, beyond those already described in “Section 4, Item 4” of the Company’s 2023 Reference Form (version 3).

b.Description of the main changes in the risk factors that occurred in the previous year and expectations regarding the reduction or increase in exposure to risks as a result of the transaction

Not applicable. Please refer to item 12(a) above.

c.Description of its activities, in accordance with items 1.2 to 1.5 of the reference form

1.2. Summary description of the main activities of the issuer and its subsidiaries

The main activities carried out by MMC have already been described in item 12(a) of this Exhibit A.

1.3. For each operational segment that has been disclosed in the most recent year-end financial statements, or where applicable, in the consolidated financial statements, the following information should be provided:

a) Marketed products and services

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The products sold by MMC have already been described in section 12(a) of this Exhibit A and can be segmented into the “at home” and “away from home” categories. The former encompasses residential consumer papers, such as toilet paper, napkins, wet wipes, facial tissues, and dry wipes (reusable cloths). The “away from home” segment involves commercial and industrial use products, such as toilet paper, interfolded towels, disposable cleaning cloths, hand soaps and sanitizers, bathroom dispensers, and others.

b) Revenue from the segment and its share in the issuer’s net revenue

Not applicable, considering that MMC was specifically established to facilitate the acquisition of certain operations explored/held by Kimberly-Clark Brasil Indústria e Comércio de Produtos de Higiene Ltda. (“KC”). The transfer of assets from KC to MMC was only completed in June 2023.

Therefore, MMC only became an operational company as of June 2023, with no consolidated net revenue information available by segment, since no Financial Statement was prepared by MMC.

c) Profit or loss arising out the segment and its share in the issuer’s net income

Not applicable. Please refer to item 1.3.“b” above.

1.4. Regarding the products and services that correspond to the operational segments disclosed in item 1.3, description of:

a) Characteristics of the production process

MMC has a tissue paper production factory, located in the city of Mogi das Cruzes, in the state of São Paulo, with an annual production capacity of approximately 130 thousand tons. MMC’s tissue production is intended for the conversion of the “at home” and “away from home” segments.

The production characteristics of tissue paper by MMC are the same as those described in Suzano’s Reference Form for this segment.

The other products in the “away from home” line that make up MMC’s portfolio, including but not limited to disinfectants, soaps, their by-products, and their respective accessories, are purchased from specialized partners and suppliers (they are not part of MMC’s production line) and are characterized as accessory/complementary products to the main object.

b) Characteristics of the distribution process

All converted tissue paper invoiced by MMC takes place at the Mogi das Cruzes factory.

In terms of trading, both the sales unit to customers and the transport packaging of tissue paper used at MMC is known as a “bundle”, which in turn contains the packages commonly available at points of sale (shelves). For the “away from home” line, the product packaging is in cardboard boxes, housing the products until the dispensers are stocked and subsequently used by consumers.

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The transportation mode planned for use at MMC is by road, using box trucks or sider trucks (with side openings). Depending on the region being served, especially in the northern region, multimodal transportation (road and coastal/river) may also be used.

MMC’s products reach the end consumer starting with the loading and invoicing of tissue paper at the Mogi das Cruzes unit, and then moving on to distribution centers and subsequently to predetermined customers according to the “Go to Market” strategy (distribution channels).

The distribution channels for the “at home” tissue paper products are the same as those described in Suzano’s reference form for this segment. For “away from home” products, distribution channels are determined based on the size of the end customer:

Direct Channel – serving large customers (over 500 employees). Distribution is carried out by MMC’s own sales and customer service team.

Indirect Channel – serving customers with 30-500 employees. Distribution is carried out through a network of distributors strategically located throughout the country.

Indirect Channel – serving micro-companies (customers with fewer than 30 employees). Distribution is carried out through multi-brand resellers and via the eCommerce channel.

c) Characteristics of the operating markets, especially (i) participation in each of the markets; and (ii) competitive conditions in the markets

Regarding the tissue operation, MMC’s main operation, the market competition conditions are the same as those described in Suzano’s Reference Form for this segment. It is reiterated that the annual production capacity of the Mogi das Cruzes factory is 130,000 tons.

Furthermore, concerning market share, considering that MMC began its operations in June 2023, there is no official survey on its market share in recent years.

However, with the acquisition of MMC, grouping the market participation in value of Suzano and MMC in the toilet paper segment, Suzano becomes the market leader with a market share of approximately 26%, according to data collected by Nielsen.

Possible seasonality

The products of MMC’s operational segments do not show apparent seasonality.

d) Main inputs and raw materials, providing (i) a description of the relationships with suppliers, including whether they are subject to government control or regulation, indicating the agencies and the respective applicable legislation; (ii) any dependence on few suppliers; and (iii) any volatility in their prices

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The characteristics of inputs and raw materials related to MMC’s tissue paper are the same as those described in Suzano’s Reference Form for this segment.

Regarding the complementary “away from home” products, production is carried out by specialized partners and suppliers.

1.5. Identification of the existence of customers responsible for more than 10% of the issuer's total net revenue, informing: a) Total amount of revenues from the customer b) Operational segments affected by revenues from the customer

Not applicable, considering that MMC was specifically constituted to facilitate the acquisition of certain operations explored/owned by KC. The transfer of assets from KC to MMC was only completed in June 2023.

Therefore, MMC only became an operational entity starting from June 2023, with no consolidated information on the company's net revenue by segment, since there was no preparation of Financial Statements by MMC.

d.Description of the economic group, pursuant to item 6 of the Reference Form

MMC’s corporate structure has already been described in item 12(a) of this Exhibit A.

e.Description of the capital stock, under the terms of item 12.1 of the reference form.

MMC’s equity capital has already been described in item 12(a) of this Exhibit A.

13. Description of the capital structure and ownership after the transaction, in accordance with item 6 of the reference form

Following completion of the Merger: (i) MMC will cease to exist; (ii) the entirety of the units issued by MMC will be canceled, as provided for in Paragraph 1, of Section 226, of the Brazilian Corporation Law, and (iii) no Company’s shares will be issued in exchange for MMC’s units. Accordingly, the Company’s capital structure will remain as informed in Section “6 – Control and Economic Group” of its 2023 Reference Form (version 3).

14. Number, class, kind and type of securities of each company involved in the transaction held by any other companies involved in the transaction, or by people linked to them, as defined by the rules of public offer to shares acquisition

Not applicable.

15. Exposure of any of the companies involved in the transaction, or of people link to them, as established by the rules of initial public offer to shares acquisition, in referenced derivatives in securities issued by other companies involved in the transaction

Not applicable.

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16. Report covering all businesses realizes within the last six (6) months by people indicated below with securities issued by companies involved in the transaction:

a.Companies involved in the transaction:

i.Private purchase transactions: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

ii.Private sales transactions: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

iii.Purchase transactions in regulated markets: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

iv.Sales transactions on regulated markets: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

b.Parties related to companies involved in the transaction:

i.Private purchase transaction: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

iiPrivate sale transactions: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

iii.Purchase transactions in regulated markets: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

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Not applicable.

iv.Sales transactions in regulated markets: (a) the average price; (b) number of shares involved; (c) security involved; (d) percentage in relation to the class and kind of security; and (e) other relevant conditions

Not applicable.

17.The document through which the Special Independent Committee submitted its recommendations to the Board of Directors, in case the transaction was negotiated under the terms of CVM Opinion 35, of 2008

Not applicable. Please refer to item 5(e) above.

* * *

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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

EXHIBIT B

Merger Agreement and MMC’s Appraisal Report

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Exhibit 99.3

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PORTUGUESE VERSION SHALL PREVAIL PROTOCOL AND JUSTIFICATION INSTRUMENT OF THE MERGER OF MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA. BY SUZANO S.A. The managers of the companies identified below, as well as the respective companies identified below: (i) SUZANO S.A., a publicly held corporation, enrolled with the Corporate Taxpayer Registration of the Ministry of Finance (Ministério da Fazenda) (“CNPJ/MF”) under No. 16.404.287/0001-55, registered with the Commercial Registry of the State of Bahia under Commercial Register Number (“NIRE”) 29.300.016.331, with head offices in the City of Salvador, State of Bahia, at Avenida Professor Magalhães Neto, No 1.752, 10th floor, Suites 1.009 to 1.011, Pituba, ZIP Code 41810-012, herein represented in accordance with its Bylaws (“Suzano”); (ii) MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA., a limited liability company, enrolled with CNPJ/MF under No. 48.573.767/0001-36, registered with the Commercial Registry of the State of São Paulo under NIRE 35.260.224.561, with head offices in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 1335, 10th floor, Jardim Paulistano, ZIP Code 01452-919 (“MMC”); Suzano and MMC jointly designated as “Parties” and, individually, “Party”). HEREBY DECIDE to execute, for the reasons and purposes detailed below pursuant to Sections 224 and 225 of Law No. 6.404, of December 15, 1976, as amended (“Brazilian Corporate Law”), the present Instrument of Protocol and Justification of Merger (“Merger Agreement”), concerning the merger of MMC by Suzano, under the following terms and conditions: 1. INTRODUCTION 1.1. Purpose. The purpose of this Merger Agreement is to substantiate the justifications, terms and conditions of the merger of MMC by Suzano, with its consequent termination and transfer all of its assets to Suzano (“Merger”). 1.2. Justification. After an analysis of the current situation of MMC and Suzano, and considering that Suzano directly holds one hundred percent (100%) of MMC’s equity capital, the managements of the Parties decided to propose the Merger, based on the assumption that the integration of activities performed by MMC and Suzano will enable the capture of efficiency gains and synergies from reduced operational, logistical and administrative costs and risks. The merger aligns with Suzano’s strategy to unify the assets of its subsidiaries and consolidate them under Suzano, aiming for optimized management and a simplified corporate structure. 2. APPRAISAL CRITERIA; ADJUSTMENT OF EQUITY VARIATIONSStructure. As a result of the Merger, Suzano will receive all assets and liabilities of MMC, succeeding it on an universal basis with regard to the entirety of its assets, rights and liabilities, without discontinuity. 2.2. Base Date: The appraisal report, prepared in accordance with the financial statements, have as reference date July 31, 2023 (“Base Date”).

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PORTUGUESE VERSION SHALL PREVAIL 2.3. Appraisal Criteria. The assets, rights and liabilities comprising MMC’ net equity that will be transferred to Suzano will be appraised at their respective book values. 2.4. Appraiser; Appraisal Reports. The managers of the Parties appoint and engage, ad referendum of Suzano’s general shareholders’ meeting concerning the Merger, as the appraiser to perform the appraisal, pursuant to Section 2.3 above, Apsis Consultoria e Avaliações Ltda., a company enrolled with CNPJ/MF under No. 08.681.365/0001-30, with head offices in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua do Passeio, No. 62, 6th floor, Centro, ZIP Code 20021-290 (the “Appraiser”) responsible for preparing the net equity appraisal report of MMC, at its book value (“Appraisal Report”), which comprise and is an integral and inseparable section of this Merger Agreement for applicable legal purposes, attached herein as Exhibit I. 2.4.1. Considering that Suzano directly holds one hundred percent (100%) of MMC’s equity capital, and in view of the decision of the Board of Commissioners of the Brazilian Securities and Exchange Commission (“CVM”) issued on February 15, 2018 in connection with Proceeding SEI No. 19957.011351/2017-21, it will not be necessary to prepare the report referred to in Section 264 of the Brazilian Corporate Law. 2.4.2. Pursuant to Section 227, Paragraph 1º, of the Brazilian Corporate Law, the appointment of the Appraiser shall be subject to the ratification in Suzano’s general shareholders’ meeting concerning the Merger. 2.4.3. The Merger shall not grant the right of withdrawal to dissenting shareholders of Suzano (i.e. the merging company) in connection with the Merger, provided that the applicable law limits such right to equityholders of the merged company, and that Suzano directly holds one hundred percent (100%) of MMC’s equity capital. Thus, there are also no dissenting MMC member-owners and, consequently, no reimbursement value to member-owner of MMC as a result of the Merger. 2.4.4. The Appraiser hereby represented that: (i) there are no potential or current conflict or common interest matters with the Parties’ member-owners or, further, with regard to the Merger; and (ii) the member-owners or the managers of the Parties have not directed, limited, impaired or performed any acts which compromised or may compromise the access, use or knowledge of material information, property, documents or work methodologies in connection with the quality of their conclusions. The Appraiser was selected for the services described herein due to its wide and renowned experience with preparing reports and appraisals of such nature. 2.4.5. Suzano shall bear all costs related to the engagement of the Appraiser for preparing the Appraisal Report. 2.5. Transferred Net Equity; Share Capital Adjustments. Pursuant to the Appraisal Report, MMC’s net equity for purposes of the Merger totals five hundred seventy million, one hundred ninety-five Brazilian reais and ninety-two centavos (R$ 570,000,195.92), which constitutes the total net asset transferred to Suzano. 2.5.1. The Merger shall not result in a capital increase of Suzano and, consequently, there will be no exchange ratio of units/shares, in view of the fact that Suzano directly

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PORTUGUESE VERSION SHALL PREVAIL holds one hundred percent (100%) of MMC’s equity capital and, therefore, the MMC’s net equity is already fully reflected in Suzano’s net equity. 2.6. Transferred Equity Components of MMC to Suzano. As a result of the Merger, the entirety of the equity components of assets and liabilities of MMC shall be transferred to Suzano. 2.6.1. Among the assets and liabilities of MMC transferred to Suzano, for purely illustrative purposes and without limitation in connection with other assets and liabilities comprising MMC’s equity, are the following: (a) all offices and branches of MMC listed in Exhibit II of this Merger Agreement, whose activities shall be performed by Suzano’s branches following the Merger; (b) all fixed assets of MMC, including, without limitation, the real estate property listed in MMC’s Appraisal Report, whose copy of the property registry is attached hereto in Exhibit III; (c) all personal and/or real guarantees granted and provided by third-parties in favor of MMC, if any; (d) all agreements in which MMC is a party to; and (e) all intangible assets, including intellectual properties such as licensed and proprietary trademarks and MMC patents, are duly detailed in Exhibits 4, 5, and 6 of the Appraisal Report. Additionally, all MMC employees, along with their associated labor obligations, will be transferred to Suzano. 2.6.2. It is hereby noted that, following the register of the Merger in the property registry of the real estate property listed in Exhibit III of this Merger Agreement, Suzano shall be the valid owner of the aforementioned real estate property. 2.6.3. For clarification purposes, with regard to the Merger, all MMC assets and rights shall be transferred to Suzano by universal succession, regardless if mentioned or not in the Exhibits mentioned in this Merger Agreement. 2.7. Equity Variation. Equity variations occurring between the Base Date and the date of completion of the Merger shall be absorbed by Suzano, including positive and negative results arising from changes during such period, considering, in each case, the respective transferred net equity. 3. CORPORATE APPROVALS; SHARE CAPITAL 3.1. Approval Actions. The completion of the Merger depends on the performance of the following acts (“Approval Actions”), all interdependent, which shall be coordinated to occur on the first call on the same date: (i) Extraordinary General Shareholders’ Meeting of Suzano to resolve on: (a) the approval of the execution of this Merger Agreement, (b) the ratification of the appointment of the Appraiser, (c) the approval of the Appraisal Report; (d) the approval of the Merger, subject to the terms of this Merger Agreement, (e) the amendment of Article 4 of Suzano’s Bylaws to adjust the description of the corporate purpose to reflect the Merger, (f) the consolidation of Suzano’s Bylaws due to the approval of the resolution from item “e” above, and, (g) the authorization of the Board of Officers of Suzano to perform all acts necessary for the effectuation and implementation of the resolutions to be discussed and approved by the shareholders of Suzano at the referred Extraordinary General Shareholders’ Meeting (“Suzano EGSM”); and

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PORTUGUESE VERSION SHALL PREVAIL (ii) Members’ Meeting of MMC to resolve on (a) the execution of this Merger Agreement, (b) the approval of the Appraisal Report, (c) the approval of the Merger, subject to the terms of this Merger Agreement. 3.1.1. Suzano acknowledges that, provided the Merger will not result in a capital increase, its Bylaws shall not be amended for this specific purpose. 3.1.2. Considering that MMC conducts certain activities not covered by Suzano’s corporate purpose, the Suzano’s Extraordinary General Shareholders’ Meeting shall resolve on the amendment to Article 4 of its Bylaws to adjust the wording of its corporate purpose, in order to expressly include the possibility of undertaking such activities. This change will not constitute a modification to the corporate purpose since it will not affect or add principal activities to the Company’s main objective, but only auxiliary and complementary activities to the central corporate purpose carried out by Suzano. 3.1.3. The Parties agree that, regardless of the date of the Approval Actions, the Merger will only be finalized and take effect on November 1, 2023. 4. OTHER COVENANTS 4.1. Pro Forma Financial Information. The requirements set forth in Chapter III of CVM Resolution No. 78, dated March 29, 2022, are not applicable to the Merger, considering that it: (i) does not represent a dilution greater than five percent (5%), since it will not result in a capital increase of Suzano and, consequently, there will be no exchange ratio of units/shares, and (ii) does not constitute a relevant transaction for purposes of OCPC Technical Guideline No. 06 (Orientação Técnica OCPC nº 06). 5. FINAL PROVISIONS 5.1. Succession in Rights and Obligations. Pursuant to Section 227 of the Brazilian Corporate Law, Suzano shall take over the assets and liabilities regarding MMC’s net equity that shall be transferred to it, pursuant to the terms of this Merger Agreement as a result of the Merger, without any discontinuity. 5.2. Completion. It will be the responsibility of the Parties’ managements to perform all the acts, registers and annotations necessary for the completion of the Merger, following the approval pursuant to the Approval Actions, including recognizing the existence of any assets or rights transferred to Suzano by means of the Merger. 5.3. Disclosure. The applicable documents shall be made available to the shareholders of Suzano and the member-owner of MMC at: (i) their respective head offices as of the date of the call notices of the Approval Actions, and/or, as applicable, (ii) on the Investor Relations website of Suzano (https://ri.suzano.com.br) and (iii) on the websites of the CVM and B3 S.A. – Brasil, Bolsa, Balcão. 5.4. Amendment. This Merger Agreement may only be amended by written instrument executed by the Parties’ managements. 5.5. Nullity and Inefficacy. Any statement by any court of nullity or non-effectiveness of any of the provisions set forth in this Merger Agreement shall not impair the validity

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PORTUGUESE VERSION SHALL PREVAIL or effectiveness of the remaining provisions, which shall be fully complied with, and the Parties herby agree to endeavor their best efforts so as to validly reach an agreement to obtain the same effects of the annulled or non-effective provision. 5.6. Waiver. The failure or delay by any of the Parties in exercising any rights under this Merger Agreement shall not be deemed as waiver or novation and shall not affect the subsequent exercise of such right. Any waiver shall produce effects only if specifically granted in writing. 5.7. Irrevocability and Irreversibility. The present Merger Agreement is irrevocable and irreversible, and the obligations hereby assumed by the Parties are also binding on their successors by any measure whatsoever. 5.8. Assignment. The assignment of any rights and obligations set forth in this Merger Agreement without prior and express consent, in writing, by the Parties, is hereby prohibited. 5.9. Enforceable Title. This Merger Agreement signed in the presence of two (2) witnesses shall serve as an extrajudicial enforceable title pursuant to the civil procedural law, for all legal effects. The Parties hereby acknowledge that (i) this Merger Agreement constitutes an extrajudicial enforceable title, for all purposes and effects of Law No. 13.105, of March 16, 2015, as amended; and (ii) is subject to specific performance in accordance with the applicable law. 5.10. Applicable Law. This Merger Agreement shall be interpreted and governed by the laws of the Federative Republic of Brazil. 5.11. Jurisdiction. The Parties and their respective managements appoint the Central Court of São Paulo, State of São Paulo, to settle any disputes arising from this Merger Agreement. And, being fair and agreed, the managers of the Parties sign this Merger Agreement in as many counterparts as needed, of equal tenor and form and to one and the same effect, together with the witnesses below. São Paulo, September 28, 2023 [Remainder of page purposely blank]

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PORTUGUESE VERSION SHALL PREVAIL [Signature page 1/4 of the Protocol and Justification Instrument of the Merger of MMC Brasil Indústria e Comércio Ltda. by Suzano S.A., executed on September 28, 2023.] SUZANO S.A. ________________________________ Name: Position: ________________________________ Name: Position: MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA. ________________________________ Name: Position: ________________________________ Name: Position: Witnesses: ________________________________ Name: CPF/MF: ________________________________ Name: CPF/MF:

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PORTUGUESE VERSION SHALL PREVAIL EXHIBIT I OF THE PROTOCOL AND JUSTIFICATION INSTRUMENT OF THE MERGER OF MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA. BY SUZANO S.A. Appraisal Report of MMC Brasil Indústria e Comércio Ltda.

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APPRAISAL REPORT AP-00778/23-01 MMC Brasil Indústria e Comércio Ltda.

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1 APPRAISAL REPORT: AP-00778/23-01 VALUATION DATE: July 31st, 2023 APPRAISAL REPORT OF THE SHAREHOLDERS' EQUITY OF MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA., DETERMINED THROUGH THE ACCOUNTING BOOKS 1. EVALUATION METHODOLOGY APSIS CONSULTORIA E AVALIAÇÕES LTDA., a company established at Rua do Passeio, no. 62, 6th floor, Centro, City and State of Rio de Janeiro, registered in the National Register of Legal Entities of the Ministry of Economy under no. 08.681.365/0001-30, registered with the Regional Accounting Council of Rio de Janeiro under no. 005112/O-9, represented by its undersigned partner, LUIZ PAULO CESAR SILVEIRA, accountant, bearer of the National General Registry no. 89100165-5/D (CREA/RJ), registered in the Individual Registration under the no. 886.681.937-91 and with the Regional Accounting Council of the State of Rio de Janeiro under no. 118.263/P-0, resident and domiciled in the City and State of Rio de Janeiro, with an office at Rua do Passeio, no. 62, 6th floor, Centro, was appointed by SUZANO S.A., hereinafter denominated SUZANO, based at Avenida Professor Magalhães Neto, no. 1.752, 10th floor, Rooms 1.009 to 1.011, Pituba, City of Salvador, State of Bahia, registered in the National Register of Legal Entities of the Ministry of Economy under no. 16.404.287/0001-55, to proceed with the net equity appraisal of MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA., hereinafter denominated MMC, based at Avenida Brigadeiro Faria Lima, no. 1.355, 10th floor, Jardim Paulistano, City and State of de São Paulo, registered in the National Register of Legal Entities of the Ministry of Economy under no. 48.573.767/0001-36, on July 31st, 2023, under accounting practices in Brazil, which comprise those included in Brazilian corporate law and the pronouncements, guidelines, and technical interpretations issued by the Accounting Pronouncements Committee (CPC) and approved by the Federal Accounting Council (CFC). Next, APSIS presents the results of its work.

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2 2. PURPOSE OF APPRAISAL The shareholders' equity assessment of MMC, as of July 31st, 2023, according to Articles 226 and 227 of Law no. 6,404/76, aims for the merger of the company by SUZANO. 3. MANAGEMENT´S RESPONSIBILITY FOR ACCOUNTING INFORMATION The management of MMC is responsible for bookkeeping and preparing accounting information in accordance with accounting practices adopted in Brazil, which include those included in Brazilian corporate law and the pronouncements, guidelines, and technical interpretations issued by the Accounting Pronouncements Committee (“CPC”) and approved by the Federal Accounting Council (“CFC”), as well as the relevant internal controls that it has defined as necessary to enable such a process to be free from material misstatement, whether caused by fraud or error. The summary of the leading accounting practices adopted by the company is described in Attachment 2 of this Valuation Report. 4. SOCPE OF WORK AND RESPONSIBILITY OF THE ACCOUNTANT Our responsibility is to present a conclusion on the book value of the shareholders' equity of MMC as of July 31st, 2023, in accordance with the Technical Communication CTG 2002, approved by the CFC, which provides for the examination of the balance sheet for issuance of an appraisal report. Therefore, we examine the company's balance sheet according to applicable accounting standards, which require the accountant to comply with ethical requirements and planning and execution to obtain reasonable assurance that the subject matter is free from material misstatement. The issuance of an appraisal report involves executing selected procedures to obtain evidence regarding the amounts recorded. This action depends on the accountant's judgment, including assessing the risks of significant misstatement in equity, whether caused by fraud or error. In such an analysis, the accountant considers the internal controls relevant to preparing the company's balance sheet to plan processes appropriate to the circumstances, but not to express an opinion on the effectiveness of such documents. The work also includes the assessment of the adequacy of the accounting policies used and the reasonableness of the judgment of the accounting estimates made by the management of MMC. We believe that the evidence obtained is sufficient and adequate to support our conclusion.

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3 5. CONCLUSION Based on the work executed, we concluded that the amount of BRL 570,000.195.92 (five hundred and seventy million, one hundred and ninety-five reais and ninety-two cents), as stated in the MMC’s balance sheet as of July 31st, 2023, recorded in the accounting books and summarized in Attachment 1, represents, in all material respects, the book value of the company, assessed under Brazilian accounting practices. 6. EMPHASIS In addition, we also draw attention to the fact that, on the date of issuance of this Accounting Report, Brazilian accounting practices related to ESG (environmental, social and governance) are not in force. Such accounting practices regarding ESG, when issued and in force, may cause, at a date not yet known, impacts on the assets and liabilities of the company subject to this Report. This uncertainty may have a material outcome, arising from a future event, but that does not affect the conclusion about the carrying value of the items evaluated at the base date. Our conclusion is not barred by this matter. Rio de Janeiro, September 15th, 2023. APSIS CONSULTORIA E AVALIAÇÕES LTDA. CRC/RJ-005112/O-9 LUIZ PAULO CESAR SILVEIRA Vice President Accountant (CRC/RJ-118263/P-0)

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4 7. LIST OF ATTACHMENTS 1. Support documentation 2. Summary of the main accounting practices adopted by MMC 3. List of MMC’s fixed assets 4. List of Brands Licensed by MMC 5. List of MMC’s Proprietary Brands 6. List of MMC’s Patents 7. Glossary

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ATTACHMENT 1

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Financial information As of JuLY 31, 2023 MMC Brasil indústria e comercio ltda.

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MMC INDUSTRIA E COMERCIA LTDA. Financial Statement Period ended July 31, 2023 BALANCE SHEET July 31, 2023 ASSETS CURRENT 22.753.101,22 194.370.663,14 126.323.661,97 75.407.891,35 149.356,50 1.440.630,61 Total current assets 420.445.304,79 NON-CURRENT 1.350.985,21 477.124.160,12 11.355.190,54 1,00 Total non-current assets 489.830.336,87 TOTAL ASSETS 910.275.641,66 LIABILITIES CURRENT 175.120.181,87 11.104.253,33 81.697.720,79 26.689.925,05 1.318.830,99 Total current liabilities 295.930.912,03 NON-CURRENT 357.405,73 1.457.261,00 15.255.526,63 27.274.340,35 Total non-current liabilities 44.344.533,71 TOTAL LIABILITIES 340.275.445,74 EQUITY 598.772.252,00 (28.772.056,08) Total Equity 570.000.195,92 TOTAL LIABILITIES AND EQUITY 910.275.641,66

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Certificado de Conclusão Rastreamento de registros Eventos do signatário Assinatura Registro de hora e data Termos de Assinatura e Registro Eletrônico: Eventos do signatário presencial Assinatura Registro de hora e data Eventos de entrega do editor Status Registro de hora e data Evento de entrega do agente Status Registro de hora e data Eventos de entrega intermediários Status Registro de hora e data Eventos de entrega certificados Status Registro de hora e data Eventos de cópia Status Registro de hora e data Copiado Termos de Assinatura e Registro Eletrônico: Eventos com testemunhas Assinatura Registro de hora e data Eventos do tabelião Assinatura Registro de hora e data Eventos de resumo do envelope Status Carimbo de data/hora

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Eventos de pagamento Status Carimbo de data/hora

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Attachment 4 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Mark Name Country Application Number Registration Number Status Filed Date Granted Date Class Description Owner KLEENEX Brazil 002667487 2667487 Registered 1960-10-16 1970-10-16 16 - Cushions or sheets of absorbent tissue paper Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 002125609 002125609 Registered 1958-08-12 1968-08-12 3 - Perfumery and hygiene products, toiletry articles in general Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 824205740 824205740 Registered 2002-01-03 2007-05-29 3 - Pre-moistened or impregnated cleansing tissues or wipes; cosmetic pads, tissues or wipes Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 814623638 814623638 Registered 1988-12-13 1990-09-11 16 - Towel paper, facial towel, toilet towel, disposable towel to clean and dry, table napkins, all made entirely of paper Kimberly-Clark Worldwide, Inc. KLEENEX ALLERGY COMFORT Brazil 927763966 Application 2022-08-23 3 - Pre-moistened or impregnated cleansing tissues or wipes; cosmetic pads, tissues or wipes Kimberly-Clark Worldwide, Inc. KLEENEX ALLERGY COMFORT Brazil 927764091 Application 2022-08-23 16 - Absorbent tissue paper products, facial tissue, toilet paper, wipes and towels, paper napkins Kimberly-Clark Worldwide, Inc. KLEENEX CARE PURIFY Brazil 900952393 900952393 Registered 2008-06-04 2011-08-16 3 - Impregnated wipes and tissues for personal use; facial cleansers, lotions and creams Kimberly-Clark Worldwide, Inc. KLEENEX PROTECAO Brazil 830570608 830570608 Registered 2010-03-25 2012-12-18 3 - Premoistened or impregnated cleansing tissue or wipes; medicated and antibacterial soaps and gels all for personal use Kimberly-Clark Worldwide, Inc. KLEENEX SENSATIONS Brazil 831145978 831145978 Registered 2011-10-31 2014-12-23 3 - Impregnated wipes and tissues Kimberly-Clark Worldwide, Inc. KLEENEX WATER FRESH ALLERGY COMFORT Brazil 927786222 Published 2022-08-24 3 - Pre-moistened or impregnated cleansing tissues or wipes; cosmetic pads, tissues or wipes Kimberly-Clark Worldwide, Inc. SCOTT Brazil 822476185 822476185 Registered 2000-07-28 2006-08-01 16 - Facial tissue, toilet tissue, paper towels, paper wipers and paper napkins Kimberly-Clark Worldwide, Inc. SCOTT Brazil 910662843 910662843 Registered 2016-02-23 2018-03-20 16 - Facial tissue, toilet tissue, paper towels, paper wipers and paper napkins. Kimberly-Clark Worldwide, Inc. SCOTT CLASSIC Brazil 840595905 840595905 Registered 2013-08-01 2016-06-07 16 - Toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT COMPACTO Brazil 901780588 901780588 Registered 2009-07-10 2012-04-10 16 - Toilet tissue, facial tissue, and paper towels Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910351 907910351 Registered 2014-07-01 2017-01-03 3 - Impregnated wipes and liquid soaps for household cleaning Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910599 907910599 Registered 2014-07-01 2016-12-13 16 - Disposable wipes and floor cleaning pads for household cleaning Kimberly-Clark Worldwide, Inc. SCOTT GOLD Brazil 825155690 825155690 Registered 2003-01-09 2009-03-24 16 - Absorbent paper tissue products such as facial tissue, toilet tissue, paper towels, paper wipers and paper table napkins. Kimberly-Clark Worldwide, Inc. SCOTT MICRO-TECIDO Brazil 900591978 900591978 Registered 2007-11-05 2010-08-24 16 - Facial tissue, toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT PROTECT CARE Brazil 910591563 910591563 Registered 2016-02-03 2018-02-06 3 - Moist wipes and moist toilet tissue Kimberly-Clark Worldwide, Inc. SCOTT PROTECT CARE Brazil 910591415 910591415 Registered 2016-02-03 2018-03-13 16 - Facial tissue and toilet tissue Kimberly-Clark Worldwide, Inc. SCOTT RENDEMAX Brazil 830934081 830934081 Registered 2011-04-08 2014-07-29 16 - Facial tissue, toilet tissue, paper towels, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT RESISTEMAX Brazil To Be Provided To Be Provided Pending 16 - Absorbent paper tissue products, such as facial tissue, toilet tissue, paper towels and paper table napkins, in class 16. Kimberly-Clark Worldwide, Inc. SCOTT Brazil 822476185 822476185 Registered 2000-07-28 2006-08-01 16 - Facial tissue, toilet tissue, paper towels, paper wipers and paper napkins Kimberly-Clark Worldwide, Inc. SCOTT GOLD Brazil 825155690 825155690 Registered 2003-01-09 2009-03-24 16 - Absorbent paper tissue products such as facial tissue, toilet tissue, paper towels, paper wipers and paper table napkins. Kimberly-Clark Worldwide, Inc. SCOTT MICRO-TECIDO Brazil 900591978 900591978 Registered 2007-11-05 2010-08-24 16 - Facial tissue, toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT PROTECT CARE Brazil 910591563 910591563 Registered 2016-02-03 2018-02-06 3 - Moist wipes and moist toilet tissue Kimberly-Clark Worldwide, Inc. SCOTT PROTECT CARE Brazil 910591415 910591415 Registered 2016-02-03 2018-03-13 16 - Facial tissue and toilet tissue Kimberly-Clark Worldwide, Inc. SCOTT RENDEMAX Brazil 830934081 830934081 Registered 2011-04-08 2014-07-29 16 - Facial tissue, toilet tissue, paper towels, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT RESISTEMAX Brazil To Be Provided To Be Provided Pending 16 - Absorbent paper tissue products, such as facial tissue, toilet tissue, paper towels and paper table napkins, in class 16. Kimberly-Clark Worldwide, Inc. DESIGN ELEPHANT Brazil 824804422 824804422 Registered 2002-09-04 2007-05-29 16 - Absorbent paper tissue products such as facial tissue, toilet tissue, paper towels and paper table napkins Kimberly-Clark Worldwide, Inc. design elephant (cleaning pose) Brazil 840213514 840213514 Registered 2012-07-30 2015-08-04 3 - Impregnated wiping cloths, soaps, scouring and cleaning products all for household use Kimberly-Clark Worldwide, Inc. design elephant (cleaning pose) Brazil 840213530 840213530 Registered 2012-07-30 2015-08-04 16 - Plastic bags, trash and garbage bags, sandwich bags, food storage bags, plastic wrap, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. design elephant (cleaning pose) Brazil 840213352 840213352 Registered 2012-07-30 2015-08-04 21 - Plastic containers, sponges for household cleaning, gloves for household cleaning, non-woven wiping cloths Kimberly-Clark Worldwide, Inc. DURAMAX Brazil 823662713 823662713 Registered 2001-03-16 2017-08-01 16 - PAPER TOWELS; Kimberly-Clark Brasil Industria e Comercio de Produtos de Higiene Ltda. DURAMAX Brazil 929596030 Application 2023-02-28 21 - Disposable wipers and towels made of non-woven fabric Kimberly-Clark Worldwide, Inc. DURAMAX CHIFON and Design Brazil 824034430 824034430 Registered 2001-09-13 2017-12-05 16 - PAPER TOWELS AND NAPKINS Kimberly-Clark Brasil Industria e Comercio de Produtos de Higiene Ltda. SCOTT Brazil 822476185 822476185 Registered 2000-07-28 2006-08-01 16 - Facial tissue, toilet tissue, paper towels, paper wipers and paper napkins Kimberly-Clark Worldwide, Inc. SCOTT DURAMAX Brazil 929596293 Application 2023-02-28 16 - Facial tissue made from paper, toilet tissue made from paper, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT DURAMAX Brazil 929596340 Application 2023-02-28 21 - Disposable wipers and towels made of non-woven fabric Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910599 907910599 Registered 2014-07-01 2016-12-13 16 - Disposable wipes and floor cleaning pads for household cleaning Kimberly-Clark Worldwide, Inc. SCOTT GOLD Brazil 825155690 825155690 Registered 2003-01-09 2009-03-24 16 - Absorbent paper tissue products such as facial tissue, toilet tissue, paper towels, paper wipers and paper table napkins. Kimberly-Clark Worldwide, Inc. SCOTT MAGIMAX Brazil 840033001 840033001 Registered 2012-02-23 2015-04-07 21 - Household cleaning tools, namely, sponges and cleaning pads Kimberly-Clark Worldwide, Inc. SCOTT MICRO-TECIDO Brazil 900591978 900591978 Registered 2007-11-05 2010-08-24 16 - Facial tissue, toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT RENDEMAX Brazil 830934081 830934081 Registered 2011-04-08 2014-07-29 16 - Facial tissue, toilet tissue, paper towels, paper table napkins Kimberly-Clark Worldwide, Inc. 1/3

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Attachment 4 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Mark Name Country Application Number Registration Number Status Filed Date Granted Date Class Description Owner SCOTT RESISTEMAX Brazil To Be Provided To Be Provided Pending 16 - Absorbent paper tissue products, such as facial tissue, toilet tissue, paper towels and paper table napkins, in class 16. Kimberly-Clark Worldwide, Inc. AUTOFOAM Brazil 930334051 Application 2023-05-05 21 - Non-metallic dispensers (bottles) for soaps, sanitizers and antiseptics Kimberly-Clark Worldwide, Inc. design x embossing pattern with WYPALL Brazil 913448800 913448800 Registered 2017-09-25 2019-04-09 21 - Disposable wipers and towels made of non-woven fabric (cleaning cloths). Kimberly-Clark Worldwide, Inc. HYDROKNIT Brazil 821536389 821536389 Registered 1999-08-03 2005-11-22 24 - Nonwoven fabrics Kimberly-Clark Worldwide, Inc. KIMBERLY-CLARK PROFESSIONAL Brazil 909047855 909047855 Registered 2015-02-27 2017-07-18 3 - Skin care products for the human body, namely liquid and powdered soap, medicated and antibacterial soaps, hair and body shampoo, hand creams; pre-moistened or impregnated cleansing tissues or wipes; mouthwash Kimberly-Clark Worldwide, Inc. KIMBERLY-CLARK PROFESSIONAL Brazil 909040753 909040753 Registered 2015-02-26 2017-07-18 16 - Facial tissue, toilet tissue, paper towels, paper table napkins Kimberly-Clark Worldwide, Inc. KIMBERLY-CLARK PROFESSIONAL & shield design Brazil 918956587 918956587 Registered 2019-12-30 2020-09-08 3 - Non-medicated skin care preparations; liquid soaps; hand creams; hand lotions; skin lotions; skin cleansers; pre-moistened wipes for cleaning; soaps and detergents. Kimberly-Clark Worldwide, Inc. KIMBERLY-CLARK PROFESSIONAL & shield design Brazil 918956625 918956625 Registered 2019-12-30 2020-09-08 16 - Absorbent paper tissue products for hygienic, cleaning or wiping purposes, such as facial tissue, toilet tissue, paper towels and paper table napkins; disposable wipes and tissues; garments made primarily of paper, including disposable diapers or napkins; hygienic hand towels of paper; towels of paper; table napkins of paper; hand towels of paper; handkerchiefs of paper; paper and cardboard. Kimberly-Clark Worldwide, Inc. KIMBERLY-CLARK PROFESSIONAL & shield design Brazil 918956633 918956633 Registered 2019-12-30 2020-09-08 21 - Towels and wiping cloths of nonwoven fabric; dispensers for hand towels, toilet tissue, paper tissue, handkerchiefs, wipers, soaps and lotions; disposable gloves for general use; cosmetic and toilet utensils; gloves for household purposes; cleaning tools and washing utensils; boxes of metal for dispensing paper towels; soap dispensers; toilet paper holder; shoe shine cloths Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 002667487 2667487 Registered 1960-10-16 1970-10-16 16 - Cushions or sheets of absorbent tissue paper Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 002125609 002125609 Registered 1958-08-12 1968-08-12 3 - Perfumery and hygiene products, toiletry articles in general Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 824205740 824205740 Registered 2002-01-03 2007-05-29 3 - Pre-moistened or impregnated cleansing tissues or wipes; cosmetic pads, tissues or wipes Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 830510036 830510036 Registered 2010-02-01 2014-01-14 5 - Anti-bacterial hand spray and sanitizers. Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 830577378 830577378 Registered 2010-04-13 2014-01-21 3 - Soaps, anti-bacterial gel, anti-bacterial wipes, wipes impregnated with a cleansing agent, hand sanitizers Kimberly-Clark Worldwide, Inc. KLEENEX Brazil 910678294 910678294 Registered 2016-02-25 2018-03-20 3 - Soaps, anti-bacterial gel, anti-bacterial wipes, wipes impregnated with a cleansing agent, hand sanitizers; cosmetic pads, tissues or wipes. Kimberly-Clark Worldwide, Inc. MOD Brazil 930333454 Application 2023-05-05 21 - Non-metallic dispensers (bottles) for soaps and antiseptics Kimberly-Clark Worldwide, Inc. POWER POCKETS Brazil 840564104 840564104 Registered 2013-07-01 2016-04-05 16 - Disposable wipers and towels made of paper Kimberly-Clark Worldwide, Inc. POWER POCKETS Brazil 840564120 840564120 Registered 2013-07-01 2016-04-05 21 - Disposable wipers and towels made of nonwoven material Kimberly-Clark Worldwide, Inc. SCOTT Brazil 822476185 822476185 Registered 2000-07-28 2006-08-01 16 - Facial tissue, toilet tissue, paper towels, paper wipers and paper napkins Kimberly-Clark Worldwide, Inc. SCOTT Brazil 830661760 830661760 Registered 2010-06-30 2013-04-09 3 - Soaps, anti-bacterial gel, anti-bacterial wipes, wipes impregnated with a cleansing agent Kimberly-Clark Worldwide, Inc. SCOTT Brazil 840807767 840807767 Registered 2014-02-28 2016-10-18 5 - Disinfecting sprays, disinfecting wipes, air fresheners, all for household use Kimberly-Clark Worldwide, Inc. SCOTT Brazil 910662843 910662843 Registered 2016-02-23 2018-03-20 16 - Facial tissue, toilet tissue, paper towels, paper wipers and paper napkins. Kimberly-Clark Worldwide, Inc. SCOTT Brazil 910662754 910662754 Registered 2016-02-23 2018-03-20 3 - Soaps, anti-bacterial gel, anti-bacterial wipes, wipes impregnated with a cleansing agent. Kimberly-Clark Worldwide, Inc. SCOTT Brazil 910662681 910662681 Registered 2016-02-23 2018-03-20 5 - Disinfecting sprays, disinfecting wipes, air fresheners and deodorizers, all for household use Kimberly-Clark Worldwide, Inc. SCOTT BASIC Brazil 930333926 Application 2023-05-05 20 - Non-metallic dispensers for towels and tissues Kimberly-Clark Worldwide, Inc. SCOTT BASIC Brazil 930333675 Applicatoin 2023-05-05 16 - Paper towels Kimberly-Clark Worldwide, Inc. SCOTT CLASSIC Brazil 840595930 840595930 Registered 2013-08-01 2016-06-21 3 - Soaps, anti-bacterial gel not for medical purposes; anti-bacterial wipes and wipes impregnated with a cleansing agent for domestic purposes Kimberly-Clark Worldwide, Inc. SCOTT CLASSIC Brazil 840595905 840595905 Registered 2013-08-01 2016-06-07 16 - Toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT COMPACTO Brazil 901780588 901780588 Registered 2009-07-10 2012-04-10 16 - Toilet tissue, facial tissue, and paper towels Kimberly-Clark Worldwide, Inc. SCOTT CONTROL Brazil 930334000 Applicatoin 2023-05-05 21 - Dispensers for washroom products such as towels, tissues and soaps Kimberly-Clark Worldwide, Inc. SCOTT ESSENTIAL Brazil 910701890 910701890 Registered 2016-03-02 2018-04-03 21 - Dispensers for washroom products such as towels, tissues and soaps Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910661 907910661 Registered 2014-07-01 2016-12-13 21 - Disposable non-woven wipes and floor cleaning pads, brooms, mops and floor cleaning apparatus Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910734 907910734 Registered 2014-07-01 2017-01-31 5 - Disinfectant sprays and disinfecting wipes all for household cleaning purposes Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910351 907910351 Registered 2014-07-01 2017-01-03 3 - Impregnated wipes and liquid soaps for household cleaning Kimberly-Clark Worldwide, Inc. SCOTT FUSION Brazil 907910599 907910599 Registered 2014-07-01 2016-12-13 16 - Disposable wipes and floor cleaning pads for household cleaning Kimberly-Clark Worldwide, Inc. SCOTT GOLD Brazil 825155690 825155690 Registered 2003-01-09 2009-03-24 16 - Absorbent paper tissue products such as facial tissue, toilet tissue, paper towels, paper wipers and paper table napkins. Kimberly-Clark Worldwide, Inc. SCOTT MICRO-TECIDO Brazil 900591978 900591978 Registered 2007-11-05 2010-08-24 16 - Facial tissue, toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT PURE Brazil 930198174 Application 2023-04-24 3 - Skin care cleaners, namely, liquid and foam soaps and cleansers Kimberly-Clark Worldwide, Inc. SCOTT RENDEMAX Brazil 830934081 830934081 Registered 2011-04-08 2014-07-29 16 - Facial tissue, toilet tissue, paper towels, paper table napkins Kimberly-Clark Worldwide, Inc. SCOTT RESISTEMAX Brazil To Be Provided Pending 16 - Absorbent paper tissue products, such as facial tissue, toilet tissue, paper towels and paper table napkins, in class 16. Kimberly-Clark Worldwide, Inc. SCOTT SLIMROLL Brazil 903116278 903116278 Registered 2010-11-11 2014-04-15 16 - Toilet tissue, paper wipers, paper towels Kimberly-Clark Worldwide, Inc. SCOTT SLIMROLL Brazil 830784144 830784144 Registered 2010-11-12 2014-05-27 21 - Dispensers for toilet tissue, paper wipers, paper towels Kimberly-Clark Worldwide, Inc. 2/3

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Attachment 4 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Mark Name Country Application Number Registration Number Status Filed Date Granted Date Class Description Owner SCOTT SMART Brazil 840595980 840595980 Registered 2013-08-01 2016-06-07 3 - Soaps, anti-bacterial gel not for medical purposes; anti-bacterial wipes and wipes impregnated with a cleansing agent for domestic purposes Kimberly-Clark Worldwide, Inc. SCOTT SMART Brazil 840595948 840595948 Registered 2013-08-01 2016-06-07 16 - Toilet tissue, paper towels, paper wipers, paper table napkins Kimberly-Clark Worldwide, Inc. WYPALL Brazil 819378828 819378828 Registered 1996-08-30 1998-10-06 24 - Textile articles for cleaning. Kimberly-Clark Worldwide, Inc. WYPALL Brazil 822515628 822515628 Registered 2000-08-10 2006-08-01 16 - Disposable wipers and towels made of paper. Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAESPECIALIZADA Brazil 930197720 Application 2023-04-24 3 - Premoistened disposable wipes impregnated with cleaning compounds for commercial and household use Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAESPECIALIZADA Brazil 930197771 Application 2023-04-24 16 - Disposable cellulose wipers Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAESPECIALIZADA Brazil 930197836 Application 2023-04-24 21 - Disposable wipers and towels made of non-woven fabric Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAGERAL Brazil 930197496 Application 2023-04-24 3 - Premoistened disposable wipes impregnated with cleaning compounds for commercial and household use Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAGERAL Brazil 930197526 Application 2023-04-24 16 - Disposable cellulose wipers Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAGERAL Brazil 930197623 Application 2023-04-24 21 - Disposable wipers and towels made of non-woven fabric Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAPESADA Brazil 930197941 Application 2023-04-24 3 - Premoistened disposable wipes impregnated with cleaning compounds for commercial and household use Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAPESADA Brazil 930197968 Application 2023-04-24 16 - Disposable cellulose wipers Kimberly-Clark Worldwide, Inc. WYPALL LIMPEZAPESADA Brazil 930198026 Application 2023-04-24 21 - Disposable wipers and towels made of non-woven fabric Kimberly-Clark Worldwide, Inc. WYPALL PROSCRUB Brazil 924992441 Allowed 2021-11-23 3 - Multi-purpose cleaning preparation with deodorizing properties; pre-moistened disposable wipes impregnated with cleaning compounds for commercial and household use Kimberly-Clark Worldwide, Inc. WYPALL REACH Brazil 922365687 922365687 Registered 2021-03-16 2022-03-08 21 - Non-metallic containers and dispensers for the dispensing of cleaning or wiping materials; Disposable wiping cloth, including in roll form Kimberly-Clark Worldwide, Inc. WYPALL SIMPLIMAX Brazil 918964024 918964024 Registered 2020-01-03 2020-09-08 21 - Disposable wipers and towels made of non-woven fabric. Kimberly-Clark Worldwide, Inc. 3/3

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Attachment 5 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Mark Name Country Business Type Application Number egistration Numb Status Filed Date Granted Date Class Description ALFREDO Brazil Family Care 817083928 817083928 Registered 1993-02-03 2014-06-21 3 - Perfumery and hygiene products, and toilet articles in general. ANTI-DAYGING Brazil Family Care 905946901 905946901 Registered 2013-03-06 2016-08-02 16 - tissue ANTI-DAYGING Brazil Family Care 905946812 905946812 Registered 2013-03-06 2016-08-02 3 - moistened wipes BRASIL MAIS VERDE and Design Brazil Family Care 830972633 830972633 Registered 2011-05-20 2014-08-12 16 - TOILETRY PAPER CHIFFON Brazil Family Care 812146620 812146620 Registered 1985-12-27 2010-12-26 16 - paper towels, paper napkins. CHIFFON and Design Uruguay Family Care 444962 444962 Registered 1992-11-26 1993-05-05 16 - Paper Napkins CHIFFON PREMIUM and Design Brazil Family Care 820444510 820444510 Registered 1997-12-26 2015-03-22 16 - PAPER TOWELS CHIFON TERESA Brazil Family Care 824829603 824829603 Registered 2002-09-13 2018-03-11 16 - paper towels COCKTAILS Brazil Family Care 007109946 007109946 Registered 1973-06-20 2010-04-25 16 - paper napkins Daisy Flowers Design Brazil Family Care 821964100 821964100 Registered 1999-08-31 2004-06-08 16 - TOILETRY PAPER DAYGING Argentina Family Care 3280518 2686460 Registered 2013-09-27 2014-10-20 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics. DAYGING Bolivia Family Care 5233-2013 149841-C Registered 2013-09-24 2014-03-12 3 - Cosmetics and skin care products. DAYGING Brazil Family Care 905941381 905941381 Registered 2013-03-05 2016-08-02 3 - Handkerchiefs impregnated with cosmetic lotions; DAYGING Brazil Family Care 905946880 905946880 Registered 2013-03-06 2016-08-02 16 - paper tissues DAYGING Chile Family Care 1075657 1143023 Registered 2013-09-24 2014-11-27 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics DAYGING Colombia Family Care 13223822 491546 Registered 2013-09-20 2014-06-27 3 - Cosmetics and skin care products DAYGING Costa Rica Family Care 2013-008221 234846 Registered 2013-09-23 2014-04-30 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics; cosmetics and skin care products DAYGING ominican Repub Family Care E/2013-27451 208536 Registered 2013-10-01 2013-12-17 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics DAYGING Ecuador Family Care EPI-UIO-PI-SD-2013-48296-R 5895-14 Registered 2013-10-08 2014-06-02 3 - Moist wipes for personal cleansing , lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics DAYGING El Salvador Family Care 20130190014 206 BOOK 230 Registered 2013-09-23 2014-04-10 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics DAYGING Guatemala Family Care 2013-09065 195973 Registered 2013-09-23 2014-04-22 3 - cosmetics and skin care products DAYGING Honduras Family Care 34575/2013 128558 Registered 2013-09-23 2014-04-29 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics DAYGING Nicaragua Family Care 2013-003696 2014106184 LM Registered 2013-09-24 2014-07-22 3 - Cosmetics and skin care products. DAYGING Panama Family Care 226523 226523 Registered 2013-09-26 2013-09-26 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics DAYGING Paraguay Family Care 1343796 411191 Registered 2013-09-25 2015-04-20 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics. DAYGING Peru Family Care 547769-2013/OSD 206417 Registered 2013-09-23 2013-12-26 3 - cosmetics, cosmetic skin care products, moist wipes for personal cleansing, lotions for cosmetic purposes, moisturizers for cosmetic purposes, exfoliants for cosmetic purposes, oil control sheets for cosmetic purposes, cooling and/or refreshing cosmetic products f the skin, hydrating cosmetics DAYGING Uruguay Family Care 448910 448910 Registered 2013-09-23 2014-04-25 3 - Moist wipes for personal cleansing, lotions, moisturizers, exfoliants, oil control sheets, cooling products for the skin, hydrating cosmetics. GRAND HOTEL Brazil Family Care 006893740 006893740 Registered 1973-05-28 2019-04-10 24 - PAPER NAPKINS AND PAPER CLOTHS. GRAND HOTEL Brazil Family Care 006423353 006423353 Registered 1975-04-08 2016-07-25 24 - BED CLOTHING, TABLE, BATHROOM AND KITCHEN. INTERFOLHAS LALEKLA Brazil Family Care 003872491 003872491 Registered 1963-08-23 2018-12-20 24 - BED CLOTHING, TABLE, BATHROOM AND KITCHEN. KLIN Brazil Family Care 730129896 730129896 Registered 1973-07-12 2012-12-14 16 - Facial tissues KLIN Brazil Family Care 823523373 823523373 Registered 2001-01-18 2017-07-10 16 - TOWELS AND PAPER NAPKINS; KLIN BABY Stylized Design Brazil Family Care 824255747 824255747 Registered 2001-12-27 2018-03-11 16 - paper napkins KLIN EXTRATO DE SEDA and Design Brazil Family Care 824580044 824580044 Registered 2002-05-08 2018-03-11 16 - paper tissues KLIN EXTRATO DE SEDA and Flowers Design Brazil Family Care 824580028 824580028 Registered 2002-05-08 2018-03-11 16 - paper napkins LALEKLA Brazil Family Care 006091180 006091180 Registered 1971-01-14 2015-05-25 16 - PAPER AND PAPERBOARD LALEKLA EVOLUTION Stylized Design Brazil Family Care 817630961 817630961 Registered 1993-11-24 2009-10-13 19 - SINKS, SANITARY ARTICLES AND SIMILAR ITEMS. LALEKLA WINNER Brazil Family Care 826857922 826857922 Registered 2004-08-26 2019-07-09 16 - TOILET PAPER. MAXI KLIN Brazil Family Care 824463404 824463404 Registered 2002-03-27 2018-03-11 16 - paper tissues NEVE Brazil Family Care 006954286 006954286 Registered 1972-10-18 2019-07-25 3 - toilet paper NEVE Colombia Family Care 12044885 455386 Registered 2012-03-15 2012-07-31 16 - Facial tissue and toilet tissue NEVE ominican Repub Family Care 2012-7138 195932 Registered 2012-03-22 2012-07-02 16 - Facial tissue and toilet tissue NEVE Jamaica Family Care 60050 60050 Registered 2012-03-16 2012-11-27 16 - Facial tissue and toilet tissue NEVE rinidad and Toba Family Care TT/M/1/44969 44969 Registered 2012-03-01 2013-10-25 16 - Facial tissue and toilet tissue, all of paper NEVE Uruguay Family Care 435176 535092 Registered 2012-04-24 2002-04-24 16 - All goods in class 16. NEVE Uruguay Family Care 439755 439755 Registered 2012-09-20 2013-06-18 16 - All goods in the class 16 (intended to cover toilet tissue). Neve & Design (Premium Comfort) Brazil Family Care 918122600 918122600 Registered 2019-09-03 2020-05-26 16 - Toilet paper. NEVE ACQUA Brazil Family Care 828709092 828709092 Registered 2006-09-15 2009-07-21 16 - Tissues moistened with cosmetic and/or hygienic substances or lotions, without therapeutic purposes, for hygiene and cleaning. NEVE COMPACTO and Design Brazil Family Care 830699538 830699538 Registered 2010-08-11 2014-02-11 16 - toilet paper NEVE DUO and Design Brazil Family Care 901730440 901730440 Registered 2009-06-18 2013-03-05 16 - toilet paper NEVE ESSÊNCIAS SPA and Design Brazil Family Care 915783037 915783037 Registered 2018-08-31 2019-06-11 16 - TOILET PAPER NEVE Gold and Black Pack Design Brazil Family Care 913260800 913260800 Registered 2017-08-22 2018-12-18 3 - wet wipes NEVE MEGA ROLO Brazil Family Care 900750642 900750642 Registered 2008-02-20 2010-07-20 16 - toilet paper NEVE NATURALI Brazil Family Care 829914188 829914188 Registered 2008-08-07 2017-09-26 16 - toilet paper 1/2

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Attachment 5 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Mark Name Country Business Type Application Number egistration Numb Status Filed Date Granted Date Class Description NEVE NEUTRA CARE Brazil Family Care 905235657 905235657 Registered 2012-09-04 2016-03-22 16 - toilet paper NEVE NEUTRA CARE and Design Brazil Family Care 905243412 905243412 Registered 2012-09-05 2016-03-22 16 - toilet paper NEVE NEUTRACARE Brazil Family Care 905235819 905235819 Registered 2012-09-04 2016-03-22 16 - toilet paper NEVE PREMIUM COMFORT and Design Brazil Family Care 915783363 915783363 Registered 2018-08-31 2019-06-11 16 - TOILET PAPER NEVE PURO E NATURAL Brazil Family Care 922365881 Published 2021-03-16 16 - Facial tissue made of paper, toilet tissue made of paper, paper towels, paper table napkins NEVE PURO E NATURAL Brazil Family Care 922365946 Published 2021-03-16 16 - Facial tissue made of paper, toilet tissue made of paper, paper towels, paper table napkins NEVE Red and Gold Pack Design Brazil Family Care 913260649 913260649 Registered 2017-08-22 2018-12-18 3 - Wet wipes NEVE Red Pack Design Brazil Family Care 910123527 910123527 Registered 2015-10-14 2018-01-16 3 - wet wipes NEVE Stylized Design Brazil Family Care 913259411 913259411 Registered 2017-08-22 2018-12-18 16 - toilet paper NEVE Stylized Design Brazil Family Care 913259195 913259195 Registered 2017-08-22 2018-12-18 3 - Wet wipes NEVE SUPREME Brazil Family Care 902912445 902912445 Registered 2010-08-31 2014-02-18 16 - toilet paper NEVE SUPREME Black and Gold Pack Design Brazil Family Care 910123489 910123489 Registered 2015-10-14 2018-01-16 16 - toilet paper NEVE SUPREME Black Background Pack Design Brazil Family Care 910123470 910123470 Registered 2015-10-14 2019-04-09 3 - Wet wipes NEVE Supreme Tecnologia Dermacare & Design Brazil Family Care 913260495 913260495 Registered 2017-08-22 2021-05-25 16 - Tissues moistened with cosmetic and/or hygienic substances or lotions, without therapeutic purposes, for hygiene and cleaning. NEVE SUPREME TRADUÇÃO NEVE SUPREMO and Design Brazil Family Care 903415259 903415259 Registered 2011-02-25 2014-11-25 16 - toilet paper NEVE TOQUE DA SEDA & Flower Design Paraguay Family Care 2271542 Published 2022-08-18 16 - Facial tissue, toilet tissue, paper towels, paper wipers, paper table napkins NEVE TOQUE DA SEDA & Flower Design Uruguay Family Care 541485 Published 2022-08-19 16 - Facial tissue, toilet tissue, paper towels, paper wipers, paper table napkins NEVE TOQUE DA SEDA and Design Brazil Family Care 910127646 910127646 Application 2015-10-14 16 - toilet paper NEVE Toque da Seda Tecnologia Dermacare & Design Brazil Family Care 913260282 913260282 Registered 2017-08-22 2021-05-25 16 - Tissues moistened with cosmetic and/or hygienic substances or lotions, without therapeutic purposes, for hygiene and cleaning. NEVE ULTRA SOFT SENSITIVE and Design Brazil Family Care 824137671 824137671 Registered 2002-11-05 2020-02-18 16 - toilet paper NICE Brazil Family Care 817434461 817434461 Registered 1993-08-17 2017-09-02 24 - PAPER TOWELS AND NAPKINS NICE Brazil Family Care 007032978 007032978 Registered 1972-12-28 2009-12-10 16 - toilet paper NICE Brazil Family Care 817434470 817434470 Registered 1993-08-17 2017-09-02 25 - paper tissues NICE NEUTRO COM EXTRATO DE ALGODÃO and Design Brazil Family Care 824099001 824099001 Registered 2001-10-08 2018-03-11 16 - Toilet paper. SMART Brazil Family Care 819882992 819882992 Registered 1997-04-11 2012-05-21 11 - SANITARY PARTS SMART Brazil Family Care 819883000 819883000 Registered 1997-04-11 2012-05-21 21 - DUST CLEANER, CLEANING, PAPER DISHES, KITCHEN CONTAINERS, SOAP DISPENSERS, SAUCERS, PAPER TOWELS, KITCHEN UTENSILS SMARTASK Brazil Family Care 819904260 819904260 Registered 1997-04-30 2019-11-23 24 - WOVEN FABRICS IN GENERAL; BED, TABLE, BATH AND KITCHEN LINEN. WIPEX Brazil Family Care 819904228 819904228 Registered 1997-04-30 2009-11-23 24 - WOVEN FABRICS IN GENERAL; BED, TABLE, BATH AND KITCHEN LINEN. 2/2

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Attachment 6 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Patent Application Title Patent Reference Country Status Priority Date Application Number Grant Date Patent No. Patent-Design Type ENZYMATIC TREATMENT OF PULP TO INCREASE STRENGTH 14046.1 Brazil Granted 2002-04-30 PI0211930-7 2013-06-11 PI0211930-7 Utility Patent MULTI-PLY PAPER SHEET WITH HIGH ABSORBENT CAPACITY AND RATE 17018 Brazil Granted 2003-05-06 PI0312567-0 2017-03-21 PI0312567-0 Utility Patent SURFACE PATTERN FOR SHEET GOODS 17411 Brazil Granted 2002-04-03 DI6202462-0 2003-02-04 DI6202462-0 Design DISPOSABLE SCRUBBING PRODUCT 17853A Brazil Granted 2003-09-08 PI0310117-7 2012-06-26 PI0310117-7 Utility Patent NONWOVEN WEBS HAVING REDUCED LINT AND SLOUGH 19014 Brazil Granted 2003-12-30 PI0405752-0 2016-11-22 PI0405752-0 Utility Patent TISSUE WITH EMBOSSED PUPPY DESIGN 19097 Brazil Granted DI-63000619 2003-05-27 63000619-7 Design COMPOSITE STRUCTURES CONTAINING TISSUE WEBS AND OTHER NONWOVENS 19258 Brazil Application 2004-07-12 PI0418013-5 Utility Patent HYDROPHILIC FIBERS CONTAINING SUBSTANTIVE POLYSILOXANES AND TISSUE PRODUCTS MADE THEREFROM 19356 Brazil Granted 2003-12-19 PI 0405294-3 2017-08-29 PI0405294.3 Utility Patent ULTRASONICALLY LAMINATED MULTI-PLY FABRICS 19477 Brazil Granted 2004-06-10 PI0417960-9 2015-05-19 PI0417960-9 Utility Patent EMBOSSING ORNAMENTAL PATTERN (ELEPHANT) 19618 Brazil Granted 2003-07-31 200400043 2004-05-11 6400271-3 Design STORING AND DISPENSING CONTAINER FOR PRODUCT 19670 Brazil Granted 2004-02-25 PI0412330-1 2015-12-29 PI0412330-1 Utility Patent DISPOSABLE FOOD PREPARATION MATS, CUTTING SHEETS, PLACEMATS, AND THE LIKE 19910 Brazil Granted 2004-10-29 PI0516068-5 2016-06-21 PI0516068-5 Utility Patent EMBOSSING ROLL AND EMBOSSED SUBSTRATE 19927 Brazil Granted 2003-12-30 PI0405601-9 2015-11-24 PI0405601-9 Utility Patent COMPOSITE CLEANING PRODUCTS HAVING SHAPE RESILIENT LAYER 20025 Brazil Application 2004-12-22 PI0517864-9 Utility Patent METHOD AND SYSTEM FOR PRODUCING WET-PRESSED, MOLDED TISSUE PRODUCTS 20115 Brazil Granted 2004-12-21 PI0519758-9 2016-06-28 PI0519758-9 Utility Patent ABRADED NONWOVEN COMPOSITE FABRICS 20118 Brazil Granted 2004-06-18 PI0418014-3 2015-01-21 PI0418014-3 Utility Patent SOFT AND BULKY COMPOSITE FABRICS 20147 Brazil Granted 2004-06-10 PI0418001-1 2016-10-04 PI0418001-1 Utility Patent MULTIPLE PLY TISSUE PRODUCTS HAVING ENHANCED INTERPLY LIQUID CAPACITY 20419 Brazil Granted 2004-12-22 PI0519228-5 2016-12-13 PI0519228-5 Utility Patent DISPENSER FOR ROLLED SHEET MATERIAL 20534 Brazil Application 2004-06-30 MU8503603-0 Utility Model TISSUE PRODUCTS TREATED WITH A POLYSILOXANE CONTAINING SOFTENING COMPOSITION THAT ARE WETTABLE AND HAVE A LOTIONY-SOFT HANDFEEL 20654 Brazil Granted 2004-12-22 PI0519756-2 2015-12-29 PI0519756-2 Utility Patent HANDS-FREE ELECTRONIC TOWEL DISPENSER 20847 Brazil Granted 2004-12-01 PI0517516-0 2016-08-23 PI0517516-0 Utility Patent EMBOSSED NONWOVEN FABRIC 21117 Brazil Granted 2004-12-14 PI0516613-6 2020-08-11 PI0516613-6 Utility Patent SUBSTRATE DISPENSER 21310 Brazil Granted 2005-03-01 DI6503281-0 2006-03-14 DI6503281-0 Design Apparatus and Method for Breaking a Web 64034577BR12 Brazil Granted 2007-04-30 PI0809886-7 2019-11-19 PI0809886-7 Utility Patent ENDLESS BELT CHANGING APPARATUS AND METHOD 64042396BR05 Brazil Application 2013-11-05 BR 11 2016 009182-5 Utility Patent Variable Sheet-Length Perforation Or Cutting System 64043967BR04 Brazil Granted 2006-08-03 PI07150776 2019-03-19 PI 0715077-6 Utility Patent DRY WIPER WITH ENCAPSULATED AGENT FOR SURFACE CLEANING 64044617BR04 Brazil Application 2005-09-29 PI0615197-3 Utility Patent Wet Mop With Multi-Layer Substrate 64047014BR03 Brazil Granted 2006-07-18 PI0714023-1 2019-02-19 PI 0714023-1 Utility Patent REWINDER WEB CHOP WITH EARLY DETECTION AND WEB DIVERSION TO ELIMINATE EQUIPMENT DAMAGE 64047323BR04 Brazil Application 2005-08-31 PI0615385-2 Utility Patent WIPER FOR USE WITH DISINFECTANTS 64048021BR04 Brazil Granted 2005-12-15 PI0619035-9 2018-05-08 PI0619035-9 Utility Patent Container With An In-Mold Label 64048164BR04 Brazil Granted 2006-11-20 PI0719028-0 2018-05-08 PI0719028-0 Utility Patent MANUFACTURING PROCESS FOR COMBINING A LAYER OF PULP FIBERS WITH ANOTHER SUBSTRATE 64048367BR03 Brazil Granted 2005-09-26 PI0616739-0 2016-11-16 PI0616739-0 Utility Patent Container For Holding A Stack Of Premoistened Wipes 64048938BR04 Brazil Granted 2006-08-31 PI0716177-8 2018-12-18 PI 0716177-8 Utility Patent Multiple Mode Headbox 64049802BR04 Brazil Granted 2006-10-20 PI0717602-3 2017-04-11 PI0717602-3 Utility Patent System and Method For Dissipating Static Electricity In An Electronic Sheet Material Dispenser 64103230BR04 Brazil Granted 2006-10-30 PI0717391-1 2018-11-21 PI 0717391-1 Utility Patent Dispenser For Sheet Material 64122268BR05 Brazil Granted 2007-05-24 PI0810325-9 2018-09-10 PI0810325-9 Utility Patent Process and System for Aligning Printed Images with Perforated Sheets 64122752BR05 Brazil Granted 2007-04-27 PI0809723-2 2019-07-09 PI0809723-2 Utility Patent Asynchronous Control of Machine Motion 64126342BR04 Brazil Granted 2010-03-30 BR 11 2012 024976-2 2021-05-18 BR 11 2012 024976-2 Utility Patent Product with Embossments having a Decreasing Line Weight 64128503BR04 Brazil Granted 2007-12-14 PI0819381-9 2020-11-10 PI0819381-9 Utility Patent Center/Surface Rewinder and Winder 64352538BR03 Brazil Granted 2010-03-30 BR 11 2012 024974-6 2021-04-20 BR 11 2012 024974-6 Utility Patent Coreless Tissue Rolls and Method of Making the Same 64366891BR04 Brazil Granted 2009-10-06 BR 11 2012 007805 4 2021-03-16 BR112012007805-4 Utility Patent Counter-Mounted Viscous Liquid Dispenser and Mounting System 64368760BR04 Brazil Granted 2007-12-31 PI0819561-7 2019-11-05 PI0819561-7 Utility Patent Rolls Of Material Providing One-Handed Dispensing Of Sheets Of Pre-Determined Length 64384710BR09 Brazil Granted 2007-12-13 PI0818982-0 2018-05-08 PI0818982-0 Utility Patent Self-Indicating Wipe for Removing Bacteria from a Surface 64384712BR04 Brazil Granted 2007-12-13 PI0819423-8 2019-07-02 PI0819423-8 Utility Patent ELECTRO-MANUAL DISPENSER 64384844BR04 Brazil Granted 2007-12-03 PI0818945-5 2021-01-12 PI0818945-5 Utility Patent Tissue Products Having A Cooling Sensation When Contacted With Skin 64393321BR04 Brazil Granted 2008-05-30 PI0909555-1 2019-08-06 PI0909555-1 Utility Patent Moisturizing Hand Sanitizer 64400814BR05 Brazil Application 2008-03-07 PI0906082-0 Utility Patent Anti Drip Fluid Dispenser 64408755BR04 Brazil Granted 2008-12-08 PI0916077-9 2019-04-09 PI0916077-9 Utility Patent Method For Perforating Tissue Sheets 64471623BR04 Brazil Granted 2008-12-29 PI0918940-8 2019-10-08 PI0918940-8 Utility Patent Slanted Sheet Dispenser 64475664BR05 Brazil Granted 2008-03-19 PI0906191-6 2018-12-18 PI0906191-6 Utility Patent Coreless Tissue Rolls 64476316BR03 Brazil Granted 2009-10-27 BR 11 2012 009793 8 2019-10-01 BR112012009793-8 Utility Patent ANTI-VIRAL TISSUE PRODUCT WITH VISUAL EFFICACY INDICATOR 64500792BR06 Brazil Granted 2009-12-31 BR 11 2012 015871 6 2019-11-19 BR112012015871-6 Utility Patent Toilet Paper Roll Having Angled Sides 64501063BR05 Brazil Granted 2009-03-27 PI1006660-8 2019-05-07 PI1006660-8 Utility Patent Sealed Metered Coating Apparatus 64515101BR03 Brazil Granted 2010-11-11 BR 11 2013 011034-1 2020-11-17 BR112013011034-1 Utility Patent HIGH BULK TISSUE COMPRISING EXPANDABLE MICROSPHERES 64520090BR04 Brazil Granted 2012-07-31 BR 11 2015 001920-0 2021-05-25 BR 11 2015 001920-0 Utility Patent Winder Registration and Inspection System 64529587BR03 Brazil Granted 2010-03-30 BR 11 2012 024975-4 2021-08-17 BR 11 2012 024975-4 Utility Patent Mounting Bracket and Wall Mountable Material Dispensing System 64532606BR05 Brazil Granted 2009-07-30 BR 11 2012 001145 6 2019-10-15 BR112012001145-6 Utility Patent Fluid Dispenser 64644878BR04 Brazil Granted 2009-12-01 BR 11 2012 011936 2 2021-03-16 BR112012011936-2 Utility Patent Wet Wipe Dispenser with Improved Arc-Shaped Dispensing Partition 64647651BR04 Brazil Granted 2010-12-22 BR 11 2013 015420-9 2020-05-26 BR112013015420-9 Utility Patent Tissue Products Containing Microalgae Materials 64655086BR05 Brazil Granted 2010-06-11 BR 11 2012 030321-0 2020-09-29 BR112012030321-0 Utility Patent Single-Ply Dispersible Wet Wipes with Enhanced Dispersibility 64656054BR04 Brazil Granted 2010-06-01 BR 11 2012 029786 4 2019-12-31 BR112012029786-4 Utility Patent Arrangement Applied to a Recipient of Facial Tissue Dispenser 64658548BR01 Brazil Granted 2002-04-02 DI 6101475-3 Design Arrangement Applied to a Recipient of Facial Tissue Dispenser 64658553BR01 Brazil Granted 2003-04-08 DI 6102986-6 Design Configuration Applied to a Cap for a Facial Tissue Dispenser 64658612BR01 Brazil Granted 2002-11-12 DI 6102987-4 Design Compressible Tissue Carton 64660249BR04 Brazil Granted 2010-11-22 BR 11 2013 011295-6 2020-09-24 BR112013011295-6 Utility Patent Bacteriostatic Tissue Product 64672894BR04 Brazil Application 2010-12-28 BR 11 2013 016342-9 Utility Patent Creped Tissue Product with Enhanced Retention Capacity 64672967BR04 Brazil Granted 2010-12-28 BR 11 2013 016338-0 2020-11-17 BR112013016338 -0 Utility Patent Soft Tissue Product Comprising Cotton 64673603BR04 Brazil Application 2011-09-21 BR 11 2014 005809-1 Utility Patent Wet Wipe Dispenser 64676349BR04 Brazil Granted 2010-08-30 DI7100659-1 2012-02-22 DI7100659-1 Design Dispenser With a Wide Lid-Activation Button Having a Stabilizing Rib 64676349BR09 Brazil Granted 2010-08-30 BR 11 2013 004409-8 2020-05-26 BR112013004409-8 Utility Patent Method and Apparatus for Winding Webbed Material with Mandrel Position Control 64683981BR03 Brazil Granted 2011-12-16 BR 11 2014 014192-4 2020-10-27 BR112014014192-4 Utility Patent Tissue Products Having a High Degree of Cross Machine Direction Stretch 64687347BR05 Brazil Granted 2011-09-21 BR 11 2014 006039-8 2021-03-30 BR112014006039-8 Utility Patent Method and Apparatus for Breaking a Web Using a Cut-off Assembly 64759939BR03 Brazil Granted 2011-07-15 BR112014000967-8 2021-02-02 BR112014000967-8 Utility Patent Simultaneous Winding of Tissue Webs 64767370BR03 Brazil Granted 2011-09-20 BR 11 2014 005574-2 2021-01-19 BR112014005574-2 Utility Patent Soft Creped Tissue 64767780BR05 Brazil Granted 2011-04-08 BR 11 2013 025075-5 2021-01-26 BR112013025075-5 Utility Patent Folded Sheet Dispenser With Overfill Prevention Device 64768259BR04 Brazil Granted 2011-10-17 BR 11 2014 008383-5 2021-01-19 BR112014008383-5 Utility Patent Hygiene Product Caddy 64778502BR05 Brazil Granted 2011-08-15 BR 30 2012 000659-7 2014-09-02 BR 30 2012 000659-7 Design Hygiene Product Caddy 64778502BR10 Brazil Granted 2011-08-15 BR 30 2012 000657-0 2014-08-19 BR 30 2012 000657-0 Design Hygiene Product Caddy 64778502BR15 Brazil Granted 2011-08-15 BR 30 2012 000656-2 2014-06-10 BR 30 2012 000656-2 Design FOAMING FORMULATIONS INCLUDING SILICONE POLYESTERS 64785288BR06 Brazil Granted 2012-04-30 BR 11 2014 026091-5 2019-12-31 BR112014026091-5 Utility Patent 1/3

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Attachment 6 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Patent Application Title Patent Reference Country Status Priority Date Application Number Grant Date Patent No. Patent-Design Type Tissue Sheets Having Enhanced Cross-Direction Properties 64796703BR04 Brazil Granted 2011-12-22 BR 11 2014 015393-0 2021-02-02 BR112014015393-0 Utility Patent Dispensesr Window for a Front Wall of a Paper Product or Viscous Liquid Dispenser 64797252BR08 Brazil Granted 2011-12-19 BR 30 2012 002950-3 2015-12-29 BR 30 2012 002950-3 Design Dispensesr Window for a Front Wall of a Paper Product or Viscous Liquid Dispenser 64797252BR14 Brazil Granted 2011-12-19 BR 30 2012 002951 1 2015-10-06 BR302012002951-1 Design Dispensesr Window for a Front Wall of a Paper Product or Viscous Liquid Dispenser 64797252BR20 Brazil Granted 2011-12-19 BR 30 2012 002942 2 2017-02-21 BR 30 2012 002942-2 Design Dispensesr Window for a Front Wall of a Paper Product or Viscous Liquid Dispenser 64797252BR26 Brazil Granted 2011-12-19 BR 30 2012 002943-0 2015-12-29 BR 30 2012 002943-0 Design Dispensesr Window for a Front Wall of a Paper Product or Viscous Liquid Dispenser 64797252BR32 Brazil Granted 2011-12-19 BR 30 2012 002944-9 2014-10-14 BR 30 2012 002944-9 Design Dispensesr Window for a Front Wall of a Paper Product or Viscous Liquid Dispenser 64797252BR39 Brazil Granted 2011-12-19 BR 30 2012 002945-7 2014-10-14 BR 30 2012 002945-7 Design Personal Care Cleaning Article 64799438BR06 Brazil Application 2012-10-05 BR 11 2015 007302-6 Utility Patent Make-up Removal Wipe 64800110BR07 Brazil Granted 2012-02-08 BR 11 2014 019329-0 2021-06-29 BR 11 2014 019329-0 Utility Patent Folded Towel Dispenser 64807738BR04 Brazil Granted 2012-04-12 BR 30 2012 005294 7 2016-02-02 BR 30 2012 005294-7 Design Rolled Tissue Dispenser 64807738BR08 Brazil Granted 2012-04-12 BR 30 2012 005293-9 2014-10-29 BR 30 2012 005293-9 Design Folded Tissue Dispenser 64807738BR12 Brazil Granted 2012-04-12 BR 30 2012 005292-0 2014-10-29 BR 30 2012 005292-0 Design High Bulk Tissue Sheets and Products 64810106BR05 Brazil Application 2012-02-07 BR 11 2014 019325-8 Utility Patent TWO SIDED MULTI-PLY TISSUE PRODUCT 64810302BR03 Brazil Application 2014-01-24 BR 11 2016 015886-5 Utility Patent FOAMING FORMULATIONS AND CLEANSING PRODUCTS INCLUDING SILICONE POLYESTERS 64810562BR04 Brazil Granted 2012-04-30 BR 11 2014 025928-3 2019-12-31 BR112014025928-3 Utility Patent Tissue Comprising Macroalgae 64810615BR05 Brazil Granted 2012-05-25 BR 11 2014 028544-6 2021-05-25 BR 11 2014 028544-6 Utility Patent A Container 64817872BR03 Brazil Granted 2012-05-04 BR 30 2012 005295-5 2016-02-02 BR 30 2012 005295-5 Design SMOOTH AND BULKY TISSUE 64885862BR07 Brazil Granted 2012-11-30 BR 11 2015 011279-0 2021-02-02 BR112015011279-0 Utility Patent SMOOTH AND BULKY TISSUE 64885862BR13 Brazil Granted 2012-11-30 BR 11 2015 011270-6 2020-12-08 BR112015011270-6 Utility Patent Hygiene Products Tray 64886830BR03 Brazil Granted 2012-10-08 BR 30 2013 001413-4 2014-11-18 BR 30 2013 001413-4 Design PROCESS AND APPARATUS FOR EMBOSSING TISSUE PLIES 64898990BR07 Brazil Granted 2014-06-05 BR 11 2016 024736-1 2022-03-03 BR 11 2016 024736-1 Utility Patent Wipes Dispenser 64899746BR03 Brazil Granted 2013-04-15 BR 30 2013 005284-2 2015-01-21 BR 30 2013 005284-2 Design DISPENSING CONTAINER HAVING FLEXIBLE DISPENSING PARTITION 64900499BR03 Brazil Application 2014-03-31 BR 11 2016 021575-3 Utility Patent DIAMETER MEASUREMENT OF A ROLL OF MATERIAL IN A WINDING SYSTEM 64902620BR03 Brazil Granted 2013-07-30 BR 11 2016 001274-7 2021-05-04 BR112016001274-7 Utility Patent WATERTIGHT CLOSURE SYSTEM 64903821BR04 Brazil Application 2013-02-21 BR 11 2015 018124-4 Utility Patent REFILLABLE CONTAINER 64903828BR04 Brazil Granted 2013-02-21 BR 11 2015 018921-0 2021-01-19 BR112015018921-0 Utility Patent WIPING SUBSTRATE DISPENSER 64903870BR03 Brazil Application 2013-02-21 BR 30 2013 003597-2 Design WIPING SUBSTRATE DISPENSER 64903882BR03 Brazil Application 2013-02-21 BR 30 2013 003598-0 Design SMOOTH BULKY TISSUE 64904507BR04 Brazil Granted 2013-08-28 BR 11 2016 003101-6 2022-03-08 BR 11 2016 003101-6 Utility Patent SMOOTH BULKY TISSUE 64904507BR15 Brazil Application 2013-08-28 12 2021 023253 9 Utility Patent Package for Different Single-Use Articles 64915584BR03 Brazil Granted 2013-03-12 BR 30 2013 004586-2 2016-01-05 BR 30 2013 004586-2 Design Embossing Pattern for Wiping Substrate 64917186BR03 Brazil Granted 2013-06-13 BR 30 2013 006053-5 2016-04-19 BR 30 2013 006053-5 Design RESEALABLE AND REFILLABLE WIPES DISPENSER 64917537BR04 Brazil Application 2013-06-13 BR 11 2015 030937-2 Utility Patent Active Center Pivot Device for Controlling Sheet Tension and Methods of Using Same 64920199BR03 Brazil Application 2013-10-15 BR 11 2016 007973-6 Utility Patent COSMETIC PAD HAVING SURFACE PATTERNS 64921711BR03 Brazil Application BR 30 2013 002036 3 Design METHOD OF MAKING A DISPERSIBLE MOIST WIPE 64925521BR06 Brazil Application 2013-10-31 BR 11 2016 009198-1 Utility Patent DISPERSIBLE MOIST WIPE 64925521BR13 Brazil Application 2013-10-31 BR 11 2016 009413-1 Utility Patent DURABLE CREPED TISSUE 64927738BR05 Brazil Application 2013-10-31 BR 11 2016 009521-9 Utility Patent Perforation Blade For Perforating Tissue Products 64934088BR03 Brazil Application 2014-04-16 BR 11 2016 021275-4 Utility Patent SMOOTH AND BULKY TOWEL 64936800BR04 Brazil Granted 2013-11-27 BR 11 2016 011359-4 2021-06-01 BR 11 2016 011359-4 Utility Patent Manual Spray Soap Dispenser 64937219BR04 Brazil Granted 2014-04-14 BR 30 2014 005155-5 2016-05-10 BR 30 2014 005155-5 Design Manual Foam Soap Dispenser 64937219BR08 Brazil Granted 2014-04-14 BR 30 2014 005156-3 2016-05-10 BR 30 2014 005156-3 Design CREPED PREBIOTIC TISSUE 64941833BR04 Brazil Application 2014-09-30 BR 11 2017 004118-9 Utility Patent Sheet Material Dispenser 64942757BR02 Brazil Application 2014-01-20 BR 10 2015 001282-9 Utility Patent SOFT, STRONG AND BULKY TISSUE 64943242BR03 Brazil Application 2015-02-27 BR112017016894-4 Utility Patent Short Strain Cutoff Device 64948223BR03 Brazil Granted 2014-10-10 BR 11 2017 005635-6 2021-08-17 BR 11 2017 005635-6 Utility Patent Cube Dispenser for Folded Towels 64951283BR03 Brazil Granted 2014-06-05 BR 30 2014 006086-4 2016-05-31 BR 30 2014 006086-4 Design Dispenser System for Aerosol and Non-Aerosol Products 64952345BR03 Brazil Granted 2014-05-02 BR 11 2016 023897-4 2020-09-24 BR112016023897-4 Utility Patent SOFT TISSUE COMPRISING NON-WOOD FIBERS 64965228BR04 Brazil Application 2015-05-29 BR112017023229-4 Utility Patent HIGHLY DURABLE TOWEL COMPRISING NON-WOOD FIBERS 64965228BR11 Brazil Granted 2015-05-29 BR112017024038-6 2022-02-01 BR112017024038-6 Utility Patent TISSUE PRODUCTS COMPRISING HIGH CARBOHYDRATE CONTENT FILLERS 64967536BR03 Brazil Application 2015-04-30 BR112017021342-7 Utility Patent EASY OPEN PACKAGE 64967983BR04 Brazil Application 2015-01-28 BR112017015117-0 Utility Patent ODOR CONTROL DISPENSER 64968458BR12 Brazil Granted 2014-09-12 BR 30 2015 001141-6 2016-06-21 BR 30 2015 001141-6 Design SWIRL EMBOSSING PATTERN FOR A NONWOVEN WEB MATERIAL 64969308BR03 Brazil Granted 2014-09-29 BR 30 2015 001449-0 2017-04-18 BR 30 2015 001449-0 Design Droplets Embossing Pattern for a Nonwoven Web Material 64969315BR03 Brazil Granted 2014-09-30 BR 30 2015 001448-2 2017-04-18 BR 30 2015 001448-2 Design DOTTED CIRCLES EMBOSSING PATTERN FOR A NONWOVEN WEB MATERIAL 64969689BR04 Brazil Granted 2014-09-30 BR 30 2015 001447-4 2017-04-18 BR 30 2015 001447-4 Design Label 64970183BR05 Brazil Application 2014-12-10 BR 30 2015 002741-0 Design FILAMENT WINDING APPARATUS 64973777BR04 Brazil Application 2015-07-31 BR112018000544-4 Utility Patent A SOFT HIGH BASIS WEIGHT TISSUE 64974129BR03 Brazil Application 2015-03-20 BR112017017435-9 Utility Patent DISPENSER FOR QUARTER-FOLDED WIPERS 64974950BR03 Brazil Granted 2015-02-25 BR 30 2015 003971-0 2017-04-25 BR 30 2015 003971-0 Design SOFT CREPED TISSUE 64977563BR06 Brazil Application 2015-04-30 BR112017021831-3 Utility Patent TEXTURE SUBTRACTIVE PATTERNING 64977604BR16 Brazil Application 2016-05-09 BR112018072620-6 Utility Patent PATTERNED TISSUE PRODUCT 64977604BR21 Brazil Application 2016-05-09 BR112018071897-1 Utility Patent Slim Roll Dispenser 64978408BR04 Brazil Granted 2015-06-30 BR 30 2015 005987 7 2017-05-23 BR 30 2015 005987-7 Design MFT dispenser 64978415BR04 Brazil Granted 2015-06-30 BR 30 2015 005993 1 2017-05-23 BR 30 2015 005993-1 Design Jumbo Roll Dispenser 64978588BR03 Brazil Granted 2015-08-27 BR 30 2016 000797-7 2017-06-06 BR 30 2016 000797-7 Design CLEANING PRODUCT WITH LOW LINT AND HIGH FLUID ABSORBENCY AND RELEASE PROPERTIES 64978811BR03 Brazil Application 2016-04-04 BR112018070149-1 Utility Patent SURFACE PATTERN FOR A PAPER PRODUCT 64978983BR09 Brazil Granted 2015-05-15 BR 30 2015 005200-7 2017-05-09 BR 30 2015 005200-7 Design SURFACE PATTERN FOR A PAPER PRODUCT 64978983BR18 Brazil Application 2015-05-15 BR 30 2015 005197-3 Design SURFACE PATTERN FOR A PAPER PRODUCT 64978983BR27 Brazil Granted 2015-05-15 BR 30 2015 005210-4 2017-05-09 BR 30 2015 005210-4 Design SURFACE PATTERN FOR A PAPER PRODUCT 64978983BR36 Brazil Granted 2015-05-15 BR 30 2015 005211-2 2017-05-09 BR 30 2015 005211-2 Design SURFACE PATTERN FOR A PAPER PRODUCT 64978983BR45 Brazil Granted 2015-05-15 BR 30 2015 005214-7 2017-07-25 BR 30 2015 005214-7 Design SURFACE PATTERN FOR A PAPER PRODUCT 64978983BR54 Brazil Application 2015-09-25 BR 30 2016 001228-8 Design Tissue Dispenser 64986089BR03 Brazil Application 2015-08-13 BR 30 2016 000537-0 Design PAPER TISSUE WITH HIGH BULK AND LOW LINT 64987467BR04 Brazil Application 2015-11-03 BR112018007748-8 Utility Patent SOFT TISSUE COMPRISING SYNTHETIC FIBERS 64988179BR04 Brazil Application 2016-09-29 BR112019004489-2 Utility Patent PAPER PRODUCT DISPENSER 64989750BR03 Brazil Granted 2015-10-16 BR 30 2016 001585-6 2018-03-06 BR302016001585-6 Design ELECTRONIC LIQUID DISPENSER 65010234BR03 Brazil Application 2016-10-31 BR112019007415-5 Utility Patent TISSUE PAPER WITH EMBOSSING PATTERN 65011727BR04 Brazil Granted 2016-08-23 BR 30 2017 000831-3 2018-05-02 BR302017000831-3 Design TISSUE COMPRISING A SOFTENING COMPOSITION 65012044BR04 Brazil Application 2016-03-24 BR112018067997-6 Utility Patent SHEET MATERIAL DISPENSER 65013045BR03 Brazil Application 2016-04-29 BR 30 2016 004948-3 Design HIGH STRENGTH AND LOW STIFFNESS AGAVE TISSUE 65014319BR04 Brazil Application 2016-10-27 BR112019008152-6 Utility Patent LAYERED TISSUE COMPRISING NON-WOOD FIBERS 65015088BR03 Brazil Application 2017-02-22 BR112019014276-2 Utility Patent 2/3

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Attachment 6 Content prepared by the Company and presented for informational purposes. No due diligence procedures have been conducted on the information contained in this attachment. Patent Application Title Patent Reference Country Status Priority Date Application Number Grant Date Patent No. Patent-Design Type Oil Absorbent Wiping Product 65020445BR03 Brazil Application 2015-12-01 BR112018009724-1 Utility Patent LAMINATED PAPERMAKING BELT 65021460BR05 Brazil Application 2017-07-31 BR112020001608-0 Utility Patent SOFT TISSUE COMPRISING SYNTHETIC FIBERS 65021708BR04 Brazil Application 2017-02-22 BR112019014907-4 Utility Patent TAILORED HEMICELLULOSE IN NON-WOOD FIBERS FOR TISSUE PRODUCTS 65021759BR04 Brazil Application 2017-04-28 BR112019021492-5 Utility Patent WIPER SUBSTRATE 65022718BR03 Brazil Granted 2016-09-15 BR 30 2017 001186-1 2018-04-24 BR302017001186-1 Design WIPER SUBSTRATE 65022718BR06 Brazil Granted 2016-10-04 BR 30 2017 001478-0 2018-04-17 BR302017001478-0 Design SEWN STACK OF ABSORBENT SHEETS 65028113BR05 Brazil Application 2017-05-24 BR112019023525-6 Utility Patent SEWN AND PERFORATED STACK OF ABSORBENT SHEETS 65028113BR12 Brazil Application 2017-05-24 BR112019023522-1 Utility Patent HIGH THROUGHPUT BANDSAW 65029346BR04 Brazil Application 2017-12-27 BR112020009501-0 Utility Patent SEMI-RIGID TISSUE PACKAGE 65029963BR03 Brazil Application 2017-07-28 BR112020001009-0 Utility Patent Non-woven Material 65030038BR04 Brazil Granted 2017-04-07 BR302017004500-6 2018-03-06 BR302017004500-6 Design PAPER PRODUCT DISPENSER 65030038BR11 Brazil Granted 2017-05-08 BR302017005021-2 2018-03-20 BR302017005021-2 Design PROCESS FOR MAKING A MULTI-PLY DISPERSIBLE WIPE 65030354BR03 Brazil Application 2017-12-20 BR112020008993-1 Utility Patent CLEANSING ARTICLE HAVING PRINTED TEXTURE 65033052BR05 Brazil Application 2016-09-30 BR112019004579-1 Utility Patent EMBOSSED WIPE 65040258BR03 Brazil Granted 2018-01-29 BR302018003272-1 2018-09-18 BR302018003272-1 Design PAPER PRODUCT DISPENSER 65042376BR03 Brazil Granted 2017-05-12 BR302017005106-5 2018-04-05 BR302017005106-5 Design CONTAINER HAVING A PUSH-BUTTON ACTIVATED, POP-OPEN LID 65044412BR03 Brazil Application 2017-08-31 BR112020003460-6 Utility Patent SOFT TEXTURED TISSUE 65044965BR03 Brazil Application 2017-11-30 BR112020007838-7 Utility Patent DUAL END-CAP BUNDLE OF STACKED CONSUMER PRODUCTS 65046841BR04 Brazil Application 2017-11-30 BR112020007844-1 Utility Patent DISPENSER 65048775BR03 Brazil Application 2017-09-27 BR112020004024-0 Utility Patent ORNAMENTAL DESIGN FOR A WIPING ARTICLE 65049509BR03 Brazil Granted 2018-02-28 BR302018002503-2 2019-01-02 BR302018002503-2 Design MULTI-PLY TISSUE PRODUCT PRODUCED FROM A SINGLE PLY TISSUE WEB 65051352BR03 Brazil Application 2018-04-27 BR112020021095-1 Utility Patent RECLOSABLE CARTON AND BLANK THEREFOR 65051748BR03 Brazil Application 2018-08-30 BR112021003233-9 Utility Patent CLEANING PRODUCT DISPENSER 65056030BR03 Brazil Granted 2019-08-06 BR 30 2020 000041 2 2020-02-18 BR302020000041-2 Design CLEANING WIPE 65057830BR03 Brazil Granted 2018-03-19 BR302018053985-0 2019-10-08 BR302018053985-0 Design LID ASSEMBLY HAVING A CURVILINEAR SPRING ACTIVATED, POP-OPEN LID, AND CONTAINER HAVING SAME 65058501BR04 Brazil Application 2018-06-29 BR112020026078-9 Utility Patent LID ASSEMBLY WITH PUSH-BUTTON 65058877BR08 Brazil Granted 2018-06-29 BR302018056000-0 2019-10-22 BR302018056000-0 Design EMBOSSED MULTI-PLY TISSUE PRODUCTS 65059300BR03 Brazil Application 2018-10-31 BR112021007250-0 Utility Patent CREPED SINGLE PLY TISSUE 65061144BR05 Brazil Application 2019-03-29 BR112021018164-4 Utility Patent ORNAMENTAL DESIGN FOR AN EMBOSSING ROLL 65061557BR03 Brazil Application 2018-07-24 BR302019000297-3 Design PATTERNED TISSUE PRODUCT 65061557BR04 Brazil Granted 2018-07-24 BR302019000298-1 2019-07-16 BR302019000298-1 Design SHEET PRODUCT DISPENSER 65062675BR03 Brazil Application 2018-10-31 BR112021007080-0 Utility Patent DURABLE AND DISPERSIBLE CREPED SINGLE PLY TISSUE 65062798BR04 Brazil Application 2019-03-29 BR112021018329-9 Utility Patent ROLLED PRODUCTS FOR ONE HANDED DISPENSING 65064103BR03 Brazil Application 2018-12-31 BR112021011543-9 Utility Patent PACKAGE 65064783BR03 Brazil Granted 2018-09-14 BR 30 2019 000754 1 2019-10-15 BR302019000754-1 Design ABSORBENT SHEET 65064811BR03 Brazil Granted 2019-01-14 BR302019002485-3 2019-11-12 BR302019002485-3 Design EMBOSSED MULTI-PLY TISSUE PRODUCT 65066106BR04 Brazil Application 2018-09-28 BR112021004430-2 Utility Patent LAYERED TISSUE COMPRISING LONG, HIGH-COURSENESS WOOD PULP FIBERS 65066563BR04 Brazil Application 2019-01-18 BR112021013426-3 Utility Patent TISSUE PRODUCTS HAVING MACROFOLDS 65068219BR04 Brazil Application 2019-08-29 BR112022003320-6 Utility Patent DISPENSER LATCHING SYSTEM 65069278BR04 Brazil Application 2018-12-04 BR112021009631-0 Utility Patent TISSUE PRODUCTS HAVING MACROFOLDS 65069608BR04 Brazil Application 2019-08-29 BR112022002446-0 Utility Patent ROLLED PRODUCT FEED SYSTEM 65071760BR03 Brazil Application 2019-03-29 BR112021018170-9 Utility Patent MULTI-ROLL PAPER PRODUCT DISPENSER 65071772BR03 Brazil Application 2019-04-30 BR112021021253-1 Utility Patent EMBOSSED MULTI-PLY TISSUE PRODUCTS 65071805BR04 Brazil Application 2019-03-06 BR112021016464-2 Utility Patent EMBOSSED MULTI-PLY TISSUE PRODUCTS 65071805BR10 Brazil Application 2019-03-06 BR112021016438-3 Utility Patent DURABLE AND DISPERSIBLE CREPED MULTI-PLY TISSUE 65071986BR07 Brazil Application 2019-03-29 BR112021018160-1 Utility Patent CREPED MULTI-PLY TISSUE 65071986BR12 Brazil Application 2019-03-29 BR112021018155-5 Utility Patent MULTI-PLY TISSUE PRODUCT 65074839BR04 Brazil Application 2019-06-03 BR112021023580-9 Utility Patent Auto-Drop Dispenser 65075497BR04 Brazil Application 2019-10-31 BR 11 2022 007859 5 Utility Patent EMBOSSED MULTI-PLY TISSUE PRODUCTS 65075879BR03 Brazil Application 2020-03-05 BR 11 2022 016516 1 Utility Patent CLOSED LOOP CONTROL SYSTEM FOR BLADE SHARPENING 65076743BR03 Brazil Application 2020-03-17 BR 11 2022 018061 6 Utility Patent THROUGH-AIR DRYER SHOWER ASSEMBLY 65077742BR03 Brazil Application 2020-01-09 BR 11 2022 013391 0 Utility Patent FLOOR MOP 65084328BR02 Brazil Granted 2020-04-30 BR302020004916-0 2021-09-28 BR302020004916-0 Design Tissue 65084330BR02 Brazil Granted 2020-10-09 BR3020200059590 2021-08-03 BR3020200059590 Design ABSORBENT ARTICLE 65084406BR04 Brazil Granted 2020-04-27 BR302020005037-1 2021-06-01 BR302020005037-1 Design Tissue 65084417BR02 Brazil Granted 2020-12-11 BR3020200059581 2021-08-03 BR3020200059581 Design PAPER SHEET 65104767BR04 Brazil Application 2022-04-04 BR302022005377-5 Design PAPER SHEET 65104767BR10 Brazil Application 2022-04-04 BR302022005378-3 Design PAPER SHEET 65104767BR15 Brazil Instructed 04/04/2022 PAPER SHEET 65105768BR02 Brazil Instructed 19/09/2022 3/3

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Amortization Systematic allocation of the depreciable value of an asset over its useful life. Asset A resource controlled by the entity as a result of past expected for the entity. Asset Approach Valuation of companies where all assets (including those not accounted for) have their values adjusted to the market. Also known as market net equity. Base Date the assessment value. Basic Infrastructure electricity supply and access routes. Book Value The value at which an asset or liability is recognized on the balance sheet. Business Combination Union of separate entities or businesses producing Transaction or other event by which an acquirer obtains legal form of operation. CAPEX (Capital Expenditure) Fixed asset investments. Capital Structure own capital (equity) and third-party capital (debt). Cash Flow during a given period of time. Usually the term is Cash Flow on Invested Capital lenders (interest and amortizations) and shareholders (dividends) after consideration of cost and operating expenses and capital investments. Cash-Generating Unit generated by other assets or groups of assets. Company investment entity holding economic activities. Conservation Status Physical status of an asset as a result of its maintenance. Control Power to direct the strategic policy and administrative management of a company. Cost The total direct and indirect costs necessary for particular time and situation. Cost of Capital Expected rate of return required by the market as an attraction to certain investment funds. CFC Conselho Federal de Contabilidade CPC (Comitê de Pronunciamentos Contábeis) Accounting Pronouncements Committee. CVM Securities and Exchange Commission. Date of Issue are conveyed to the client.

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DCF (Discounted Cash Flow D & A Depreciation and amortization. Depreciable Value Depreciation Systematic allocation of the depreciable value of an asset during its useful life. Direct Production Cost of goods. Discount Rate EBIT (Earnings before Interest and Taxes) Earnings before interest and taxes. EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization) amortization. Enterprise Set of properties capable of producing revenue through marketing or economic exploitation. It can be: real Enterprise Value Economic value of the company. Equity Value Economic value of the equity. Expertise Technical activity performed by a professional with Facilities aggregation. Fair Market Value Value at which an asset could have its ownership exchanged between a potential seller and a potential relevant facts and neither is under pressure to do so. Financial Lease That which substantially transfers all the risks and may or may not eventually be transferred. Leases leases. Fixed Asset Tangible asset available for use in the production or be used for more than one accounting period. Goodwill IAS (International Accounting Standards) framework adopted by the International Accounting Standards Board (IASB). See International Accounting Standards. IASB (International Accounting Standards Board) International Accounting Standards Board. Standard setting body responsible for the development of International Financial Reporting Standards (IFRSs).

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IFRS (International Financial Reporting Standards) international accounting pronouncements published and reviewed by the IASB. Impairment See Impairment losses Impairment Losses (impairment) their fair value less expenditure for sale. Income Approach Valuation method for converting the present value of Indirect Production Cost liens and charges necessary for the production of goods. Intangible Asset are transferable or separable from the entity or from other rights and obligations. International Accounting Standards (IAS) Standards and interpretations adopted by the IASB. They include: International Financial Reporting Standards (IFRS) International Accounting Standards (IAS) and interpretations developed by the Interpretation Committee on International Financial Reporting Standards (IFRIC) or by the former Standing Interpretations Committee (SIC). Investment Property other than for use in the production or supply of goods Investment Value Value for a particular investor based on individual interests in the property in question. In the case of performance and tax planning. Liability it is hoped that the settlement thereof will result in the Liquidity Ability to rapidly convert certain assets into cash or into the payment of a certain debt. Market Approach Valuation method in which multiple comparisons derived from the sales price of similar assets are adopted. Multiple divided by a valuation measurement of the company Net Debt bonus. Non-Operating Assets Those not directly related to the company’s operations (may or may not generate revenue) and that can be disposed of without detriment to its business. Operating Assets Assets that are basic to the company’s operations. Operating Lease That which does not substantially transfer all the risks

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Parent Company An entity that has one or more subsidiaries. Premium for Expected Future recognized. Present Value The estimated present value of discounted net cash Price The amount by which a transaction is performed Property Real Estate and best use. Recoverable Value The highest fair value of an asset (or cashgenerating unit) minus the cost of sales compared with its value in use. Remaining Life A property’s remaining life. Replacement Cost the same function and features comparable to the property assessed. Replacement Value for New Value based on what the property would cost (usually in relation to current market prices) to be replaced with Reproduction Cost Expense required for the exact duplication of a Reproduction Cost Less Depreciation considering the state it is in. Residual Value Value of new or used asset projected for a date limited in operation during the period. Residual Value of an Asset Estimated value that the entity would obtain at present age and condition at the end of its useful life. Shareholders’ Equity at Market Prices See Assets Approach. Subsidiary parent company). Supporting Documentation Documentation raised and provided by the client on which the report premises are based. Tangible Asset Technical Report Useful Economic Life The period in which an asset is expected to be available expected to be obtained from the asset by the entity. Valuation Act or process of determining the value of an asset. Valuation Methodology One or more approaches used in developing evaluative calculations for the indication of the value of an asset.

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Rio de Janeiro +55 21 2212-6850 apsis.rj@apsis.com.br São Paulo 55 11 4550-2701 apsis.sp@apsis.com.br Minas Gerais +55 31 98299-6678 apsis.mg@apsis.com.br apsis.com.br

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PORTUGUESE VERSION SHALL PREVAIL EXHIBIT II OF THE PROTOCOL AND JUSTIFICATION INSTRUMENT OF THE MERGER OF MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA. BY SUZANO S.A. Offices and Branches of MMC Brasil Indústria e Comércio Ltda. Current Taxpayers Registry Number (CNPJ) City State State Registration Number Taxpayers Registry Number (CNPJ) of the correspondent branch of Suzano which will absorb the activities of the former branch 48.573.767/0002-17 Mogi das Cruzes SP 454966714114 16404287092769 48.573.767/0003-06 Arujá SP 188190024112 16404287091959 48.573.767/0007-21 Cabo de Santo Agostinho PE 1120519-95 16404287091797 48.573.767/0004-89 Suzano SP 672649694116 16404287091878 48.573.767/0005-60 Cachoeirinha RS Em fase de obtenção 16404287092505 48.573.767/0006-40 Simões Filho BA 209633313 16404287092688 48.573.767/0007-21 Fortaleza CE Em fase de obtenção 16404287092920

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PORTUGUESE VERSION SHALL PREVAIL EXHIBIT III OF THE PROTOCOL AND JUSTIFICATION INSTRUMENT OF THE MERGER OF MMC BRASIL INDÚSTRIA E COMÉRCIO LTDA. BY SUZANO S.A. Copy of the Real Estate Property Registry of MMC Brasil Indústria e Comércio Ltda.

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Valide a certidão clicando no link a seguir: https://assinador-web.onr.org.br/docs/ED4RN-P88CQ-CD6Y4-K2CWJ Valide aqui a certidão.

Exhibit 99.4

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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

EXHIBIT C

Minutes of the Meeting of the Board of Directors


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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

EXHIBIT D

Minutes of the Fiscal Council Meeting


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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

EXHIBIT E

Information about the Appraiser

(Exhibit L of Resolution CVM No. 81/22)

1.List the appraiser recommended by management

Apsis Consultoria e Avaliações Ltda, a company enrolled with CNPJ/MF under No. 08.681.365/0001-30, with head offices in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua do Passeio, No. 62, 6th floor, Centro, CEP 20021-290 (the “Appraiser”)

2.Describe the qualification of recommended appraiser

The Appraiser was selected for the work described here considering its wide and notable experience in preparing reports and appraisals of this nature.

3.Provide a copy of the recommended appraiser’s work and compensation proposal

See attached proposal (Exhibit F).

4.Describe any relevant relationship existing in the last 3 (three) years between the recommended appraiser and parties related to the company, as defined by the accounting rules that address this matter.

Not applicable, since there was no relevant relationship between the Appraiser and parties related to the Company.


Exhibit 99.5

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SUZANO S.A. AP-00778/23

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August 16, 2023 Business Contact: Renata Lopes | renata.lopes@apsis.com.br Proposal AP-00778/23 16.404.287/0033-32 – SUZANO S.A.

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Tax and Accounting Advisory Scope Presentation of Services and Deadlines Fees General Conditions

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Tax and Accounting Advisory Scope

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Understanding of the Situation Pursuant to the understandings held, Suzano S.A. (“Suzano”, “Company” or “Client”) contacted Apsis Consultoria e Avaliação Ltda. (“APSIS”) to prepare a Business Proposal, for the issuance of accounting reports in accordance with articles 226, 227 and 252 of Law No. 6,404/76 or in accordance with articles 1,116 and 1,117 of the Civil Code (incorporation), referring to the accounting information of MMC Brasil Indústria e Comércio Ltda. (“Target Company”), related to the corporate transaction to be carried out. The aforementioned corporate transaction, as informed by the Company, consists of the incorporation of the Target Company by their direct shareholders and, in this context, one report will be issued at book value referring to the corporate transaction, in Reais and in Portuguese. This same report will also be issued at book value referring to the corporate transaction, in the version in Reais and in English. Based on Brazilian Law No. 6,404/76, the following corporate transactions require the issuance of accounting reports: ▪ Merger operations: operations whereby one or more companies are absorbed by another, which succeeds them in all their rights and obligations. For this operation, the issuance of a report is required based on articles 226, 227, and 252 of Law No. 6,404/76 or articles 1,116 and 1,117 of the Civil Code, where the value of the shareholders' equity to be merged is evaluated at its book value on the chosen closing date.

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Project Description Under the terms and for the purposes of the articles mentioned above, the accounting reports will be conducted in compliance with the guidelines established by the Brazilian Accounting Standards. The issuance of an appraisal report at book value presupposes, as a mandatory requirement, the examination of the amounts of the assets, rights and obligations, which make up the shareholders' equity or net assets of the Target Company to appraisal. APSIS's professional responsibility will be to issue accounting reports for corporate reorganization purposes. The Company's Management will be responsible for preparing the balance sheet and all relevant statements for its preparation on the selected base date. The responsibility for the corporate reorganization rests exclusively with the Company and its legal advisors. It is not part of the scope proposed here to issue any type of opinion on the corporate reorganization process, limiting APSIS only to the assessment of the book values of the Target Company. The present proposal assumes that the information, records, and documents necessary for the review will be available to us promptly. This proposal assumes that the information, records, and documents necessary for the review will be made available to us promptly. Our work will be exclusively based on the information provided by the Company about the Target Company, and the information will be made available through a digital platform provided by the Company or by email.

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Project Description Reports will be issued under CTG 2002 - Valuation Report Issued by an Accountant, of November 22, 2019, as approved by the Federal Accounting Council ("CTG 2002"), and with Law 6,404/76, which provides for the joint-stock companies or under the Civil Code which provides for limited companies, in reais, and Portuguese language, as they are national regulatory documents. The execution of the procedures described in this proposal cannot be taken as a guarantee of the absence of errors (unintentional errors) or irregularities or frauds (intentional errors). Based on the provisions of CTG 2002, the Client has responsibilities that include (i) preparation of accounting information in accordance with Brazilian accounting practices and in accordance with guidelines from specific bodies, (ii) maintenance of internal controls that allow the preparation of accounting information free from material misstatement, whether caused by fraud or error, (iii) provision of accounting information, such as records and documentation for carrying out the work, (iv) asset protection and fraud prevention and detection, and (v) reliable bookkeeping of transactions through records that support accounting information. The Client must formally represent to APSIS that these responsibilities have been observed.

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Project Description The Client is aware that a report to be issued may contain paragraphs of emphasis related to uncertainties and explanatory paragraphs using measurable adjustments identified in the execution of the works. Any specified adjustments must be confirmed by the Client in the formal representation to be issued before the issuance of the accounting report. Additionally, the Client is aware that APSIS may refrain from issuing an accounting report if restrictions or limitations are found in the scope of the work that prevents the issuance of a conclusive report, such as the identification of potential adjustments that are not subject to measurement on the chosen closing date and/or absence of supporting documentation of the accounting balances of the Target Company. If APSIS abstains from issuing a report, a formal communication will be sent to the Client with the justifications for the aforementioned impossibility of issuing the report and the fees will be due in the extension of the work carried out until that date.

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Documentation Required The following is a non-exhaustive list of the initial documentation required by the Target Company. The complete list with the necessary analyzes will be sent in due course (after approval of the referred proposal), in what applies to the situation of the Target Company of our works. For each selected valuation date by the Client - (Documentation to be provided by the Target Company): ▪ Balance sheet of the Target Company; ▪ Signed balance sheet of the Target Company (in Reais, with decimal); ▪ Corporate acts and last updated social contract; ▪ Analytical trial balance calculation memory for the Balance Sheet table; ▪ Most recent audited financial statements, if applicable; ▪ Latest revised interim financial information, if applicable; ▪ Representation letter to be signed by representatives of the Target Company and the Client (template to be provided by APSIS and signed by the Target Company's CEO, CFO and accountant); ▪ Accounting policies adopted; ▪ Bank statament from current accounts and financial investments;

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Documentation Required For each selected valuation date by the Client - (Documentation to be provided by the Target Company): ▪ Aging list of customers, containing invoice information, customer name, value, date of issuance, and due date; ▪ Composition of the allowance for doubtful accounts recognized for accounts receivable from customers and rationale used for measurement of this allowance; ▪ Evidence of the most recent physical inventory of the fixed assets, if any; ▪ Detailed composition of the fixed assets, including asset identification, acquisition date, useful life, cost, and accumulated depreciation; ▪ Detailed movement of fixed asset items from the last physical inventory until the cut-off date of the appraisal; ▪ Accessory obligations on taxes to be recovered and collected, reconciled with accounting (analytical composition and calculation log of tax obligations); ▪ Current lease agreements; ▪ Calculation log of right-of-use assets and lease liabilities; ▪ Aging list of suppliers, containing invoice information, supplier's corporate name, value, issue date and expiration date;

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Documentation Required For each selected valuation date by the Client - (Documentation to be provided by the Target Company): ▪ Map of transactions between related parties with the position of outstanding asset and liability balances on the selected base date; and ▪ Calculation logs and loan agreements entered into between related parties, if any. If the documentation and/or information necessary for the development of the work are not provided by the Client and obtaining or preparing them results in additional hours of work for the APSIS team involved in the project, the respective hours will be calculated and charged according to the current hourly rate table presented in this proposal. This will also occur when the documentation or information is replaced after the start of the project execution.

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It is not part of the scope of the services proposed in this proposal: ▪ Execution of works outside the scope of this proposal; ▪ Review, issue of opinion or manifest on the proposed corporate reorganization; ▪ Assessment if the operation meets plausible economic aspects and justifications to be carried out; ▪ Making accounting entries or any modification in management reports, which are the responsibility of the Client or the entities involved in the corporate reorganization, except when detailed as part of this proposal; ▪ Assessment of the competence of the people of the Client and the Target Company, in their current and/or future functions; ▪ Issuance of a report by the independent auditors on the financial statements, quarterly information and pro forma financial information; ▪ Issuance of an accounting or legal opinion; ▪ Sanitation of databases; ▪ Directly extracting from the Entity's systems the databases necessary for carrying out the proposed works; ▪ Fiscal/tax planning or improvement; ▪ Reviews and/or definition of strategic planning; Additional Considerations

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It is not part of the scope of the services proposed in this proposal: ▪ Alterations and/or elaboration of manuals of norms and procedures; ▪ Elaboration of policies and/or documentation of adopted accounting practices; ▪ Measurement of the impacts of adopting accounting standards; and ▪ Elaboration/implementation of processes and controls. Additional Considerations

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Additional Considerations The scope of the proposal does not include hours for clarifications to the Audit. Any necessary hours will be charged according to the current hourly rate table. Any work not described in the scope of this proposal that is performed at the request of the Client, directly or indirectly related to this proposition, will be charged as additional hours of work for the APSIS team involved in the project or, if requested, may be the subject of a new proposal. The respective hours will be calculated and charged according to the current hourly rate table, as follows: Category: Value net of taxes, in R$: Gross value of taxes, in R$(1): Director/Partner 913.50 1,000.00 Manager 776.48 850.00 Consultant 438.48 480.00 Staff 228.38 250.00 (1) The fees indicated above as gross fees include the taxes PIS, COFINS, and ISS based on the rates in effect on the date of this proposal, which represent 8.65%. In case of any change in the tax burden before the billing of our fees, we will promptly inform and reflect the increase or reduction on the fees to be billed.

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Presentation of Services and Deadlines Tax and Accounting Advisory

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PRESENTATION OF SERVICES The final report will be presented in digital format, that is, an electronic document in Portable Document Format (PDF), and will be available in an exclusive environment on our extranet for a period of 90 (ninety) days. The report can be made available in digital format with electronic signatures or in physical format, to be sent to the Client. If requested, APSIS can provide a physical copy of the report, free of charge, within 05 (five) business days, in a single copy printed document. DEADLINES APSIS estimates to present a draft of the report within 15 (fifteen) business days, considering that the Entity's Administration and/or those involved will provide, at the beginning of the work, all necessary information for the execution of the work, as evidenced in the Scope section of this proposal. Upon receiving the draft of the report, the Client will have a period of up to 20 (twenty) days to request clarifications and approve the final issuance of the document. After the approval of the draft, APSIS will have a period of 02 (two) business days to issue the final report. After the aforementioned time, APSIS may consider the work completed and is authorized to issue the final invoice, regardless of the issuance of the final report, as well as being able to issue the latest draft of the report provided in final form. The services will commence with the express acceptance of this proposal, the payment of the advance and the receipt of the complete documentation necessary for the execution of the work, listed in this proposal. Changes requested after the delivery of the digital report will be subject to a new budget.

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Fees Tax and Accounting Advisory

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The professional fees for the execution of the services proposed herein are described in the table below and will be invoiced from the date of acceptance of the proposal, with payment due in 5 (five) days from each event that originated the charge. After the due date, interest of 1% (one percent) per month will be charged on the net value of the invoice, plus 2% of the invoice value as a penalty for non-payment. Fees We propose that the fees be invoiced as follows: • 50.00% (fifty percent) of the total value, upon acceptance of this proposal. • 50.00% (fifty percent) of the total amount, 30 (thirty) calendar days from the date of issue of the first invoice. Fees in BRL Fees net of taxes Gross fees (with taxes)(1) 01 accounting report R$ 22,600.00 R$ 24,740,01 (1) The fees indicated above as gross fees include the taxes PIS, COFINS, and ISS based on the rates in effect on the date of this proposal, which represent 8.65%. In case of any change in the tax burden before the billing of our fees, we will promptly inform and reflect the increase or reduction on the fees to be billed.

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If there is a need to change the valuation date of the report after the start of the work, additional fees to be applied will be discussed. Considering the limited information received for the preparation of this technical proposal, it was adopted as a premise for measuring the term and the fees presented, the fact that the accounting balances of the Target Company were not shared and those presented as relevant in the meeting should not present relevant variations (greater than to 15%). In addition, during the execution of the work, any services that exceed the initially agreed scope will be informed to the Client and charged through the issuance of a report by APSIS, containing the date, description of the work, and time used. Fees

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General Conditions Tax and Accounting Advisory

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CONFIDENTIALITY The present proposal is valid for a period of 30 (thirty) days, counting from the date of its presentation. APSIS is responsible for maintaining the utmost confidentiality regarding confidential information that it may become aware of during the execution of its services. For the purposes of this proposal, any information that APSIS may directly or indirectly access in connection with the services to be provided shall be considered confidential. Confidential information includes all types of oral, written, recorded, and computerized documentation disclosed by the contracting party in any form or obtained through observations, interviews, or analyses, properly and without limitation, including all machinery, compositions, equipment, records, reports, sketches, use of patents and documents, as well as all data, compilations, specifications, strategies, projections, processes, procedures, techniques, models, and tangible and intangible incorporations of any nature. APSIS, its consultants, and employees have no interest, directly or indirectly, in the company involved or in the operation described in this proposal. VALIDITY OF PROPOSAL

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The basic parameters relevant to the scope of the service will be defined immediately after acceptance of this proposal, to allow for the planning of the work to be performed. Any changes to the data referenced in the Scope section of this proposal may result in a complementary proposal. If during the development of the work the Entity decides to interrupt/cancel the restructuring operation, the execution of our services will be immediately suspended, the already settled paid installments will not be subject to refund/return, and the Client must pay APSIS the fees related to work already performed and not invoiced, if applicable. If the draft report has been presented to the Administration, the work will be considered completed and the entire fees must be paid. If, after acceptance of the proposal, the need for modification or expansion of the initially planned project scope is identified, such that it is necessary to extend the work execution deadline, the situation will be promptly communicated to the Entity, with the impacts of additional work and new deadlines jointly analyzed, as well as the need to invoice additional fees to those originally proposed. GENERAL CONDITIONS

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In case of force majeure, neither party shall be responsible for non-performance or delays arising from circumstances that, reasonably, can demonstrate that they are beyond their control. Once this circumstance occurs, the affected party shall inform the other party of the manner and duration in which it may affect the project. Upon such notification, the committed execution dates shall be suspended for the duration of such force majeure. Upon the conclusion of the force majeure, the parties shall agree on the corresponding adjustments to the work plan and the economic conditions to be applied, if these are affected. Non-compliance with any item of this proposal during the execution of the services by the Client shall result in the suspension of the work until the requirements of the non-compliant item are met. The execution period shall be extended by the number of days of suspension, plus any necessary time for the new mobilization of the APSIS team. Any eventuality under the responsibility of the Client that causes the interruption of the services, delaying the pre-established schedule, may result in additional fees that will be passed on to the Client through an amendment to this proposal. GENERAL CONDITIONS

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GENERAL CONDITIONS Our work does not represent an audit, review, or assurance of financial statements performed in accordance with Brazilian and international auditing, review, and assurance standards. Consequently, our work cannot be considered as an opinion, conclusion, or assurance regarding such aspect. This proposal may be terminated by mutual agreement between the Parties. In this case, the Client shall pay APSIS the fees for work already performed, if they exceed the portion billed upon acceptance of the proposal. The forum of the Capital of the State of Rio de Janeiro is elected, to the exclusion of any other, no matter how privileged, to settle any possible doubts during the implementation of this proposal, as well as all cases not provided for in this document.

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The proposal, once accepted, shall be signed by the legal representative of the requesting company and returned to APSIS, along with all necessary documentation for the commencement of the work. Once the proposal has been returned to APSIS, it will become a formal contract between APSIS and its client according to the current civil legislation. Therefore, the legal representatives of both parties sign this proposal, which shall be automatically converted into a service agreement, in 02 (two) copies. Awaiting your response, we remain. Sincerely, LUIZ PAULO CESAR SILVEIRA AMILCAR DE CASTRO Technical Vice President Director Acceptance: ______________________________ ___________________________ (Location/Date) Legal Representative Company Registration Number (CRN): Witness 01: Witness 02: Identification number: Identification number:

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+55 21 2212-6850 apsis.rj@apsis.com.br Rio de Janeiro +55 11 4550-2701 apsis.sp@apsis.com.br São Paulo apsis.com.br +55 31 98299-6678 apsis.bh@apsis.com.br Belo Horizonte

Exhibit 99.6

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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

EXHIBIT G

Detailed explanation of the

origins and rationale for significant changes in the Bylaws,

with an analysis of their legal and economic effects

(Section 12 of CVM Resolution No. 81/22)


Current Bylaws

Proposed Bylaws

Changes – Origins, Rationale and Effects Analysis

Article 4 – The objects of the Company are:

Article 4 – The objects of the Company are:

The purpose of expanding the Company’s corporate purpose is only to complement it in order to: (i) in item “a”, encompass activities currently performed by MMC and complement the description of the other activities and products indicated therein, explicitly mentioning “accessory products or products sold jointly, including, but not limited to stationery products, cleaning products, and other sanitary and personal hygiene products and their respective accessories”; (ii) complement the description in item “b” to include mention of the activity of “native forest conservation”; and (iii) provide a more detailed account of services in item “c”, with regard to the services provided by the Company and forms of exploitation of goods related to its corporate purpose, notably with regard to the “resale and/or disclosure, including by electronic means, of goods and products that are part of the Company’s corporate purpose, as well as the institution of a technological channel developed for electronic commerce (e-commerce) for the negotiation of goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or of brands licensed by or to the Company and/or its subsidiaries”.

(a) manufacture, trade, import and export of pulp, paper and other products originated from the transformation of forest materials, including their recycling, as well as wood and products related to the printing industry;

(a) manufacture, trade, import and export of pulp, paper and other products originated from the transformation of forest materials, including their recycling, as well as wood and products related to the printing industry, and accessory products or those sold alongside them, including but not limited to stationery products, cleaning products, and other sanitary and personal hygiene products, and their respective accessories;

(b) formation and commercial operation of homogenous forests, company-owned or owned by third parties, directly or through contracts with companies specializing in forest cultivation and management;

(b) formation and commercial operation of homogenous forests, company-owned or owned by third parties, directly or through contracts with companies specializing in forest cultivation and management, as well as the conservation of native forest;

(c) provision of services, and import, export and commercial operation of assets related to the Company’s purposes;

(c) provision of services, and import, export and commercial operation of assets related to the Company’s purposes, including but not limited to the resale and/or promotion, even through electronic means, of goods and products that are part of the Company’s corporate purpose, as well as establishing a technological channel developed for e-commerce to trade goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or brands licensed by or to the Company and/or its subsidiaries;

(d) transportation, by itself or by third parties;

(d) transportation, by itself or by third parties;


(e) holding interest as a partner or shareholder in any other company or project;

(e) holding interest as a partner or shareholder in any other company or project;

(f) operation of port terminals;

(f) operation of port terminals;

(g) generation and sale of electricity;

(g) generation and sale of electricity;

(h) rendering of waterborne transport services by means of cabotage and inland navigation, as well as auxiliary activities such as maritime operations and signaling;

(h) rendering of waterborne transport services by means of cabotage and inland navigation, as well as auxiliary activities such as maritime operations and signaling;

(i) rendering of port operator services for the movement and storage of goods, for or deriving of waterborne transport, within the organized port area; and

(i) rendering of port operator services for the movement and storage of goods, for or deriving of waterborne transport, within the organized port area; and

(j) operation of airports and landing fields.

(j) operation of airports and landing fields.


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SUZANO S.A.

Publicly Held Company with Authorized Capital

CNPJ/MF No 16.404.287/0001-55

NIRE No. 29.300.016.331

Management Proposal– EGSM held on October 31, 2023

EXHIBIT H

Consolidated Bylaws


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BYLAWS

SUZANO S.A.

Companhia Aberta de Capital Autorizado

CNJP/MF n. 16.404.287/0001-55

NIRE 29.300.016.331

CHAPTER I

NAME, HEAD OFFICE, DURATION

AND PURPOSE

Article 1 – SUZANO S.A. (“Company”) is a Brazilian publicly held company with authorized capital, governed by these Bylaws and by the applicable legislation, operating in an ethically responsible manner and with respect for human rights.

Sole Paragraph – With the admission of the Company in the Novo Mercado of B3 S.A. – Brasil Bolsa, Balcão (“B3”), the Company, its shareholders, including its controlling shareholders, managers and audit board members, when installed, are subject to the Novo Mercado Regulations of the B3 (“Novo Mercado Rules”).

Article 2 – The Company has its head office in the city, municipality and district of Salvador, State of Bahia, which is its legal jurisdiction.

Article 3 – The Company shall have indeterminate duration.

Article 4 – The objects of the Company are:

(a)manufacture, trade, import and export of pulp, paper and other products originated from the transformation of forest materials, including their recycling, as well as wood, products related to the printing industry, and accessory products or those sold alongside them, including but not limited to stationery products, cleaning products, and other sanitary and personal hygiene products, and their respective accessories;

(b)formation and commercial operation of homogenous forests, company-owned or owned by third parties, directly or through contracts with companies specializing in forest cultivation and management, as well as the conservation of native forest;

(c)provision of services, and import, export and commercial operation of assets related to the Company’s purposes, including but not limited to the resale and/or promotion, even through electronic means, of goods and products that are part of the Company’s corporate purpose, as well as establishing a technological channel developed for e-commerce to trade goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or brands licensed by or to the Company and/or its subsidiaries;

(d)transportation, by itself or by third parties;

(e)holding interest as a partner or shareholder in any other company or project;

(f)operation of port terminals;

(g)generation and sale of electricity;

(h)rendering of waterborne transport services by means of cabotage and inland navigation, as well as auxiliary activities such as maritime operations and signaling;

(i)rendering of port operator services for the movement and storage of goods, for or deriving of waterborne transport, within the organized port area; and

(j)operation of airports and landing fields.

CHAPTER II

CAPITAL STOCK AND SHARES

Article 5 – The Company’s share capital, fully subscribed and paid-in, amounts to nine billion, two hundred sixty-nine million, two hundred eighty-one thousand, four hundred twenty four reais and sixty-three cents (BRL 9,269,281,424.63), divided into one billion, three hundred twenty-four million, one hundred seventeen thousand, six hundred and fifteen (1,324,117,615) common shares, all registered, book-entry type and without par value.

§ One – The registered capital may be increased without any change in the Bylaws, by decision of the Board of Directors, up to the limit of seven hundred and eighty million, one hundred and nineteen, seven hundred and twelve (780,119,712) ordinary shares, all exclusively book-entry type.


§ Two – In the event of an increase in capital, pursuant to the terms of the law, the shareholders shall have the preemptive right in subscription of the shares to be issued, in proportion to the number of shares that they hold.

§ Three The Board of Directors may exclude the right of first refusal for existing shareholders in any issue of shares, debentures convertible into shares or warrants the placement of which is made through (i) sale on securities exchanges or by public subscription or (ii) exchange of shares, in a public offering for acquisition of control, in accordance with the legislation.

§ Four – In the event of capital increase by incorporation of reserves or of funds of any kind, the new shares, if issued, shall maintain the same proportions in relation to quantity of shares as those existing at the moment prior to the increase, and the rights attributed to the shares issued by the Company must be fully obeyed.

Article 6 – Any shareholder who for any reason does not within the specified period pay in any call for capital to subscribe shares of the Company shall, for the full purposes of law, be regarded as in arrears and subject to payment of the amount subscribed with monetary adjustment, in accordance with the law, by the Market General Price Index (IGP-M, published by the FGV), plus interest of twelve percent (12%) per year and a penalty payment of ten percent (10%) on the amount of the outstanding balance of the call.

CHAPTER III

THE SHAREHOLDERS MEETING

Article 7 – The Shareholders Meeting shall be convened, ordinarily, in one of the four (4) months following the ending of the business year and, extraordinarily, at any time when called by the Chairman of the Board of Directors, by a Vice-chairman of the Board of Directors, or in any of the cases provided for by law.

Sole Paragraph – The Shareholders Meeting which has as a matter of its agenda the resolution over (i) the cancellation of the company’s registry as a publicly held company, or (ii) the change or the exclusion of Article 30 below, shall be called, with at least, sixty (60) days in advance.

Article 8 – The Shareholders Meeting shall be declared to be in session by the Chairman of the Board of Directors, or by any of the Vice-Chairmen of the Board of Directors, by the Chief Executive Officer, or by the Investor Relations Officer and the shareholders shall then immediately elect the Chairman of the Meeting, who shall request one of those present to be secretary of the Meeting. The Shareholders Meeting may also be declared to be in session by an attorney-in-fact, appointed for that specific purpose by the Chairman of the Board of Directors or by the Chief Executive Officer.


CHAPTER IV

THE MANAGEMENT

Article 9 – The following are the Company’s management bodies: (a) the Board of Directors: and (b) the Statutory Executive Board of Officers.

Article 10 – The Board of Directors is a committee decision body, and representation of the Company is a private right of the Statutory Chief Executive Officers and Statutory Executive Officers.

§ One – The term of office of the members of the Board of Directors is two (2) years, and that of the Statutory Executive Board of Officers is one (1) year, but both shall be extended until the new members appointed are sworn in. Board members will serve a unified term and re-election is allowed.

§ Two – The investiture of the managers and members of the Audit Board , sitting and substitute members is conditional to the execution of the instrument of investiture, which shall reflect its subjection to the commitment clause referred to in Article 34 of these Bylaws.

§ Three – The positions of Chairman of the Board of Directors and Chief Executive Officer or key executive of the Company cannot be held by the same person, except in the event of a vacancy, subject to the terms of the Novo Mercado Rules.

Article 11 – The Annual Shareholders Meeting shall, annually, determine the global compensation amount of the members of the Board of Directors and Statutory Executive Board of Officers, it being for the Board of Directors to decide on the form of distribution of the amount fixed, between its members and those of the Statutory Executive Board of Officers.

SECTION I

THE BOARD OF DIRECTORS

Article 12 – The Board of Directors shall be made up of between five (5) and ten (10) members, resident in or outside Brazil, elected and dismissed by the Shareholders Meeting, who shall appoint a Chairman and up to two (2) Vice-Chairmen from among them.

§ One – Out of the members of the Board of Directors, at least, two (2) or twenty percent (20%), whichever is higher, shall be Independent Directors, as per the definition of the Novo Mercado Rules, provided that the characterization of the individuals appointed to the Board of Directors as independent board members must be approved at the shareholders’ meeting which elects them.


§ Two – When, due to the calculation of the percentage set forth in the paragraph above, the result generates a fractional number, the Company shall round to the nearest greater whole number.

Article 13 – The Board of Directors shall meet on being called by its Chairman, or any of its Vice-Chairmen or by the Chief Executive Officer, with a minimum of two (2) days’ notice and indication of the agenda. Convocation may be by electronic mail. The quorum for the Board to be in session at first (1st) call is at least two-thirds (2/3) of its members, provided that at least the Chairman or one of the Vice-Chairmen of the Board of Directors shall be present, and, on second (2nd) call, the majority of its members, provided that at least the Chairman or one of the Vice-Chairmen of the Board of Directors shall be present. The decisions of the Board of Directors shall be taken by a majority vote of members present at the meeting, provided that one is the Chairman or one of the Vice-Chairmen. In the event of a tied vote, the Chairman of the Board of Directors shall have a casting vote.

§ One – Members of the Board of Directors may take part in meetings by telephone, videoconference or other means of communication; and to ensure effective participation and authenticity of the vote, members should, within the three (3) days following meetings, deliver to the head office, or send by e-mail, documents signed by them confirming their participation and the content of their votes. This procedure may be dispensed with by the said member signing the corresponding minutes of the meeting of the Board of Directors, which must make reference to the medium by which the member stated his or her opinion.

§ Two – Any member of the Board of Directors shall have the right to be represented, through written document or through e-mail, by another member of the Board of Directors, whether for the formation of a quorum, or for voting, with the option to indicate, or not, his or her vote. This representation shall be extinguished simultaneously with the closing of the meeting of the Board of Directors.

§ Three – Similarly, votes shall be valid if made by letter, telegram or e-mail, when received by the Chairman of the Board of Directors or his substitute, up to the end of the meeting.

§ Four – The Chairman of the Board of Directors may invite any of the members of the committees of the Board of Directors or any of the Executive Officers who are not members of the Board of Directors to attend meetings, but without the right to vote, any members of executive committees to the Board of Directors (statutory or not) or the Statutory Executive Board of Officers that not a member of the Board of Directors, and, also, any other executive of the Company, or the representative of the Company’s external auditors, or any third party who may be able to contribute opinions, information or suggestions or able to assist in the decisions of the members of the Board.

§ Five – The Board of Directors may also appoint an honorary member, a person of recognized professional competence with a history of dedication to the Company, who may


be consulted on an information basis at the meetings of the Board of Directors, under rules and conditions to be set by the Board of Directors.

Article 14 – The following shall be the attributes of the Board of Directors:

(a)to fix the general orientation of the Company’s business, subject always to the ethical values adopted by the community where it is working, especially respect for human rights and the environment;

(b)if a Committee is created to evaluate the matter hereof, after listening such committee, to elect, evaluate or dismiss Statutory Executive Officers of the Company, at any time, and to set the attributions and competencies of each one of them where these are not provided by these Bylaws, as well as orient the vote of the Company, its subsidiaries or controlled companies, in the election of the managers of the subsidiaries or controlled companies or other companies in which the Company, its subsidiaries or controlled companies hold any equity interest, whenever the Company’s, its subsidiaries or controlled companies investment to which the manager will be elected represents an amount equivalent to at least five percent (5%) of the Company’s net equity, as disclosed in the Company’s Financial Statements for the most recent year-end closing;

(c)to inspect the management as effected by the Statutory Executive Officers; to examine the books and papers of the Company at any time; to request information on contracts signed or to be signed, and any other actions;

(d)if a Committee is created to evaluate the matter hereof, after listening such committee, to state an opinion on the management report and accounts of the Statutory Executive Board of Officers;

(e)if a Committee is created to evaluate the matter hereof, after listening such committee, to appoint and dismiss the independent auditors, subject to the right of veto provided for by law;

(f)if a Committee is created to evaluate the matter hereof, after listening such committee, to approve the accounting criteria and practices;

(g)if a Committee is created to evaluate the matter hereof, after listening such committee, to approve the long-term global strategy to be obeyed by the Company and by the subsidiary companies, and also the long-term global strategy to be proposed for the affiliated companies;

(h)if a Committee is created to evaluate the matter hereof, after listening such committee, to examine, approve, and monitor the execution of, the annual and multi-year capital expenditure and operational budgets consolidated, which shall be prepared by the Statutory Executive Board of Officers;

(i)to monitor and evaluate the economic and financial performance of the Company;

(j)to state opinions on any proposals or recommendations made by the Statutory Executive Board of Officers to the General Shareholders Meeting;

(k)to decide on the grant, or not as the case may be, of the preemptive right of shareholders, or to reduce the period of this right, in issues of shares, debentures convertible into shares, or warrants, the placement of which is made by one of the methods referred to in article 172 of Law No. 6,404/76 (“Corporations Law”);

(l)subject to the terms of line “k” above, to decide on the issue of securities, including promissory notes, for public or private distribution, inside or outside Brazil, in accordance with the respective legislation;

(m)if a Committee is created to evaluate the matter hereof, after listening such committee, to authorize initial or subsequent participation of the Company as a partner, shareholder or member of a consortium, in another company (except for wholly owned subsidiaries) or undertaking, the giving in guarantee of any interest so acquired to third parties in the Company’s transactions, or disposal in any manner or form of any shareholding or interest which is part of the Company’s assets;

(n)to authorize the acquisition of shares in the Company, for the purpose of cancellation, or holding in treasury and subsequent sale;

(o)if a Committee is created to evaluate the matter hereof, after listening such committee, to appoint the Investor Relations Officer;

(p)if a Committee is created to evaluate the matter hereof, after listening such committee, to authorize the Statutory Executive Board of Officers, with limits of authority to be defined by a resolution approved at a meeting of the Board of Directors, the minutes of which meeting shall be duly registered with the competent Board of Trade:


(p.1)to sell, place a charge on or acquire assets related to the Company’s fixed assets and those referred in line “m” of this Article;

(p.2)to give a real guarantee of any nature, or to give a chattel mortgage;

(p.3)to agree asset or liability financial transactions, including those known as “vendor” transactions, in which the Company is a guarantor for its clients;

(p.4)to sign any other contracts in accordance with defined limits of authority in relation to amounts;

(p.5)to carry out, or order to be carried out, any acts not expressly provided for in these Bylaws, provided that such acts are legally within its competence;

(p.6)to bring actions, make concessions, reach agreements or withdraw legal proceedings, procedures, measures or any other demands in Court, administrative or arbitration proceedings, and also to carry out voluntary tax offsetting, such as may result in or can result in obligations or rights on the part of the Company, or which may prejudice or can prejudice the Company’s reputation or image;

(q)to decide on the establishment of a consultative council to provide advice to the members of the Board of Directors, and to set the positions, remuneration and rules for functioning of that body;

(r)to create other committees to advice the Board of Directors, whenever it deems this to be desirable, subject to the terms of Article 15 below;

(s)if a Committee is created to evaluate the matter hereof, after listening such committee, to nominate people to drive sectors or areas of the Company, as nonstatutory Executive Officer, who shall report to an Statutory Executive Officer, not implying such procedure in the delegation of powers which, by law or the present Bylaws, are exclusive of Statutory Executive Officers elected, neither attributing to them, therefore, the condition of member of any statutory organ; and

(t)if a Committee is created to evaluate the matter hereof, after listening such committee, to define a triple list of companies specializing in economic valuation of companies for the preparation of an appraisal report of the Company's shares, in cases of tender offer (“OPA”) for cancellation of registration as a publicly held company.

Article 15 – The Board of Directors may establish other advisory committees, which function is to opine over the matter of their competence, in the terms of these Bylaws and the resolutions of the Board of Directors. The recommendations of the committees shall have an exclusive opinionative character, being that the members of the committees shall not have any deliberative power or responsibility for the resolutions.

§ One – The rules regarding composition, duties and competence of an eventual committee that comes to be created by the Board of Directors are to be defined in the specific act of creation of these committees and/or in the resolutions of the committees that follow their creation.

§ Two – The committees may have assistance from other professionals, and also an administrative support structure. The Company shall pay the remuneration of such professionals, including that of the members of the committees and the expenses of the administrative support structure. When the committees believe it to be necessary, they may also hire consultancy services from external professionals, whose fees shall be paid by the Company.

Article 16 The Chairman of the Board of Directors has the following attributions, with the assistance, in relation to the matters in lines “b”, “c” and “d” below, at his exclusive option, of the respective Committees of the Board of Directors:

(a)to represent the Board of Directors in dealings with other parties;

(b)to suggest to the Board of Directors the general orientation of the Company’s business to be transmitted to the Statutory Executive Board of Officers;

(c)to prepare all the elements necessary for the practice of the acts which are within the competence of the Board of Directors; and

(d)to accompany and give support to the activities of the Statutory Executive Board of Officers and/or of any of its members.

Article 17 – If the Chairman of the Board of Directors is temporarily absent, he shall be substituted by one of the Vice-Presidents of that body, and it shall be for the Chairman of the Board of Directors to indicate the substitute; and when this does not happen, it shall be for the Board of Directors to make such indication. The same criterion shall be adopted in the same cases for any other member, who shall be substituted by one of his peers.


§ One – If a vacancy occurs on the Board of Directors, the seat may remain vacant until the next Annual Shareholders Meeting, without prejudice of a nomination of a substitute, in order to complete the current mandate, by the remaining directors in a Board of Directors Meeting, in the form of article 150 of the Corporations Law, if one is necessary to maintain the minimum number of members of that body, or if it is deemed convenient that the post should be filled.

§ Two – The substitutions provided for in this Article shall result in the exercise of the functions and of the right to vote in the meetings of the Board of Directors, but not in the remuneration and other advantages of the person substituted.

SECTION II

THE STATUTORY EXECUTIVE BOARD OF OFFICERS

Article 18 – The Statutory Executive Board of Officers shall be comprised of one (1) Chief Executive Officer and between four (4) and nine (9) Statutory Executive Officers, resident and domiciled in Brazil, and of recognized technical and administrative ability, who may be shareholders, elected by the Board of Directors and able to be dismissed by it at any time, and also to be re-elected.

§ One – The participation of Statutory Executive Officers in the meeting, by telephone, videoconference or other means of communication is allowed; and in order to ensure the effective participation and authenticity of their vote, the Statutory Executive Officers shall deliver, within three (3) days following the meetings, at the Company’s headquarters or send by e-mail, documents signed by them confirming their participation and the content of their votes, and such action shall be waived upon the signature of the corresponding minutes of the meeting of the Statutory Executive Board of Officers by said Statutory Executive Officer, which shall refer to the manner in which the Statutory Executive Officer has expressed himself.

§ Two – The area of specific activity and competence of each of the members of the Statutory Executive Board of Officers may be fixed by the Board of Directors, when not specified in these Bylaws.

§ Three – The managers are not permitted to give personal guarantees.

Article 19 – In the temporary absence:

(a)of the Chief Executive Officer, his replacement shall be designated by the Chairman of the Board of Directors, from among the members of the Board of Directors or the Statutory Executive Board of Officers;


(b)of any other Statutory Executive Officer, his replacement shall be designated by the Chief Executive Officer, from among the other members or from the direct subordinates of the Statutory Executive Officer who is absent or prevented, on his recommendation. In this latter case, the direct subordinate who is substituting the absent Statutory Executive Officer shall take part in all the routine activities and shall have all the duties of the said officer, including that of being present at meetings of the Statutory Executive Board of Officers to instruct on matters relating to the Statutory Executive Officer who is substituted, without, however, exercising the right to a vote of receiving the remuneration of the person substituted.

§ One – In the event of a seat on the Statutory Executive Board of Officers becoming vacant, the Board of Directors shall meet to fill the vacant seat, if this be necessary to provide the minimum number of members of that body, or if the Board of Directors believes it to be convenient to fill the post. The term of office of the Statutory Executive Officer thus elected shall terminate simultaneously with that of his peers.

§ Two – Subject to the terms of line “b” of the head paragraph of this Article, substitutions made under this Article shall result in the substitute having the post of the person substituted as well as his or her own, including the right to vote, but excluding the right to receive the remuneration or other advantages of the person substituted.

Article 20 – The Statutory Executive Board of Officers shall meet on calling by the Chief Executive Officer, or by two (2) Statutory Executive Officers, with up to two (2) days’ prior notice, this period being dispensed with when all of the members take part in the meeting.

§ One – The meetings of the Statutory Executive Board of Officers shall be valid when the majority of its members are present, including the Chief Executive Officer or his substitute.

§ Two – Decisions at all meetings of the Statutory Executive Board of Officers shall be taken by the majority of the members present and recorded in minutes. In the event of a tied vote, the Chief Executive Officer shall have the casting vote.

§ Three – The Statutory Executive Officers may meet independently of the formality of calling, when there is an urgent subject. For this meeting to be valid it is necessary that two-thirds (2/3) of the members of the Statutory Executive Board of Officers to be present or represented, and that the decision be taken unanimously

Article 21 – The following shall be attributions of the Statutory Executive Board of Officers:

(a)to comply with the terms of these Bylaws, and the decisions of the General Meeting of Shareholders and of the Board of Directors, and cause them to be complied with;


(b)to administer and manage the Company’s business in accordance with the

orientation established by the Board of Directors;

(c)to produce monthly interim financial statements and deliver them to the Board of Directors;

(d)to prepare the financial statements for each business period, as specified in these Bylaws, including a proposal for allocation of the profit, and submit them to the Board of Directors;

(e)to propose to the Board of Directors the approval of the procedures referred to in Articles 27 and 28 of these Bylaws;

(f)to prepare the annual and multi-year operations and capital expenditure budgets, including, among other matters, the forestry, industrial, commercial, financial and human resources plans, to be submitted by the Chief Executive Officer to the Board of Directors;

(g)to decide on the transactions indicated in lines “p.1” to “p.4” and “p.6” of Article 14 of these Bylaws, subject, when their value does not exceed the amounts indicated in those sub-items, to the authorized limit amounts previously established by the Board of Directors or, if their value does exceed the amounts indicated in those sub-items, after prior submission to the Board of Directors, as well as to resolve on investments on wholly owned subsidiaries in any amounts;

(h)to open and/or close branch offices or warehouses throughout the whole of Brazil;

(i)to inform the Board of Directors, in the person of its Chairman, in relation to any question of singular importance for the Company’s business; and

(j)to seek continuous improvement in the organizational climate and results.

Article 22 – In acts and transactions which create obligations for the Company or exonerate third parties from obligations to it, the Company shall be represented, actively and passively, by any two (2) of its Statutory Executive Officers.

§ One – The Company may be represented by one (1) Statutory Executive Officer and one (1) person holding a power of attorney, by two (2) persons holding powers of attorney or


even by one (1) person holding a power of attorney, provided that the power of attorney itself is given by two (2) Statutory Executive Officers, provided that the said power of attorney precisely and consistently specifies the powers that it gives and its period of validity.

§ Two – No powers may be subrogated under any power of attorney, except for the purposes of court proceedings and in-court representation.

§ Three – The Company may, subject to the terms of this Article, be represented by a single Statutory Executive Officer, or by an attorney-in-fact with specific powers to practice any of the following acts:

(a)in acts of endorsement of checks or trade bills in favor of financial institutions, in the former case for the purposes of deposit in the Company’s account; or in the latter case for the purposes of discount and/or deposit and/or trading charge and/or collection; also signing the respective contracts, proposals and bordereaux;

(b)representation of the Company before any federal, state or municipal public office, or independent public authority, or public companies, public mixed-capital companies or foundations, solely for administrative purposes;

(c)representation of the Company before the Labor Courts, the Public Attorneys’ Offices, or in dealings with labor unions, including for the purposes of appointing representatives and in matters relating to hiring, suspension and dismissal of employees and/or labor agreements including labor litigation; and

(d)representation of the Company in relation to third parties, for the purposes of representation which does not involve any type of obligation on the Company.

§ Four – Except for purposes of the Courts, and of representation of the Company in administrative disputes and procedures relating to brands and patents, all other powers of attorney given by the Company shall have a maximum period of validity, namely up to June 30 of the year following the year in which they are given, unless there be established a shorter period, which must in any event always be included in the respective instrument.

Article 23 – The following are attributions of the Chief Executive Officer:

(a)without prejudice to the terms of Article 22 above, to represent the Company actively or passively in the courts or outside the courts, especially to give personal testimony, and for this function he may designate a person to represent him, by special power of attorney;

(b)to represent the Company in its public and private relationships at high level;

(c)to oversee all the Company’s activities in conformity with the orientation established by the Board of Directors;

(d)to submit the annual and multi-year operations and capital expenditure budgets to the approval of the Statutory Executive Board of Officers and the Board of Directors;

(e)to submit to examination by the Statutory Executive Board of Officers the statistics, reports and statements which give evidence of the global results of the Company, including those of the affiliated and subsidiary companies;

(f)to stimulate good relations between the Statutory Executive Board of Officers, eventual committees and the Board of Directors, based on the interests of the Company;

(g)to keep the Board of Directors, in the person of its Chairman, constantly informed on all the facts and acts relating to the Company’s activities and investments, discussing all the material aspects with him;

(h)to propose to the Board of Directors:

(h.1)setting of financial policy, at high level, to be followed by the Company and by the subsidiary companies, and to be proposed to the affiliated companies;

(h.2)decision on the long-term global strategy to be followed by the Company and by the subsidiary companies, and to be proposed to the affiliated companies;

(h.3)acquisition by the Company, or its subsidiaries, or affiliated companies, of an initial or subsequent interest, through shares, in any other company, and also the disposal of, or the placing of a charge on, any of these interests; and

(h.4)formation of joint ventures or signing of partnerships of any type, or cancellation or renewals of such partnerships, by the Company or by its subsidiaries, or affiliated companies.


Sole Paragraph Service of process on the Company shall be valid only when served on the Chief Executive Officer and one (1) other Statutory Executive Officer.

CHAPTER V

THE AUDIT BOARD

Article 24 – The Audit Board is a non-permanent body, and shall be duly installed upon request of the shareholders, in accordance with the applicable laws. One installed, the Audit Board shall be comprised by three (3) to five (5) sitting members and an equal number of substitute members, appointed by the Shareholders Meetings, and shall be govern by the applicable laws and rulings, by these Bylaws and by its Internal Rules.

§ One – In the event of impediment or absence of any member, or a vacancy, members of the Audit Board shall be replaced by their respective substitute members.

§ Two – The sitting members of the Audit Board shall be entitled to receive a fixed compensation determined by the Shareholders Meeting, respected the minimum legal limit, and shall not be entitled to receive any additional compensation of the Company, by any company controlled by it or colligated, except if this additional compensation arises from, or is related to, services rendered to the Company prior to its appointment, or may not compromise the exercise of the duties of audit board member.

CHAPTER VI

THE STATUTORY AUDIT COMMITTEE

Article 25 The Company shall have a Statutory Audit Committee (“SAC”), a collegiate body of advice and instruction directly related to the Company’s Board of Directors, with the purpose of supervising the quality and integrity of financial reports, adherence to legal, statutory and regulatory laws, adequacy of processes related to risk management and activities of internal and independent auditors.

§ One – The SAC shall have its own Internal Rules, approved by the Board of Directors, which shall provide in detail its duties, as well as operational procedures, in compliance with the laws in force and the rules issued by the regulatory bodies of the capital markets and stock exchanges in which the Company’s securities are listed.

§ Two – The SAC is a permanent body, and shall be comprised by, at least, three (3) and, at most, five (5) members, with a two (2) year term of office, appointed and removed by the Board of Directors, in accordance with the following criteria: (i) at least one of the members of the SAC shall be an independent member of the Company, according to the definition of the Novo Mercado Rules; (ii) at least one of the members of the SAC shall not be a member of the Board of Directors of the Company; (iii) the members of the SAC shall not integrate the Statutory Executive Board of Officers of the Company; (iv) the majority of the members


shall meet the independence requirements indicated in CVM Instruction No. 308, of May 14, 1999, as amended; (v) at least one (1) member shall have a recognized experience in matters of corporate accounting, as set forth in the Internal Rules of the SAC, in the applicable legislation and in the rules issued by the regulatory bodies of the capital markets and stock exchanges in which the securities are listed of the Company; and (vi) the same member may accumulate the characteristics described in items “i” and “v” above. The SAC shall have a Coordinator, whose activities shall be defined in the Internal Rules of the SAC.

§ Three – It is prohibited the participation of the Company’s Statutory Executive Officers, its controlled, controlling, colligated or companies in common control, direct or indirectly, in the SAC.

§ Four – The SAC shall have the following duties:

(a)evaluate the quarterly financial information, interim financial statements and financial statements;

(b)supervise the financial area;

(c)ensure that the Statutory Executive Board of Officers develops reliable internal controls;

(d)ensure that the internal audit and the internal control areas perform its duties and that the independent auditors analyze, through its own review, the practices of the Statutory Executive Board of Officers and internal audit;

(e)establish with the independent audit the work plan and the fee proposal;

(f)issue opinions on the hiring, compensation and replacement of the services of the independent audit;

(g)interact with the independent audit on matters related to the audit procedure;

(h)evaluate, monitor and recommend to management the correction or improvement of the Company’s internal policies, including the policy of related party transactions; and

(i)evaluate and monitor the Company’s risk exposures.


§ Five – The Board of Directors shall determine the compensation of the SAC’s members, as well as the budget to cover the costs of its function.

§ Six – The SAC shall have the means necessary to receive and process complaints, including confidential, internal and external to the Company, regarding noncompliance with legal and regulatory provisions applicable to the Company, in addition to internal rules and codes, including specific procedures for the protection of the provider and the confidentiality of the complaint.

CHAPTER VII

FINANCIAL STATEMENTS AND ALLOCATION OF NET PROFIT

Article 26 – The business year shall coincide with the calendar year, thus terminating on December 31 of each year, when the financial statements shall be prepared, together with which the management bodies shall submit to the Annual Shareholders Meeting a proposal for allocation of the net profit for the fiscal year ending on December 31 of the previous year (“Fiscal Year”), subject to deductions, in the following order, in accordance with law:

(a)a minimum of five percent (5%) for the Legal Reserve, until it reaches twenty percent (20%) of the registered capital, provided that in the fiscal year in which the balance of the legal reserve added by the capital reserve amounts exceed thirty percent (30%) of the capital stock, it will not be mandatory to allocate part of the net income for the fiscal year to the legal reserve;

(b)the amounts allocated to Contingency Reserves, if constituted;

(c)the amount necessary for the payment of the minimum mandatory dividend which, in each Fiscal Year, shall be equivalent to the lowest amount between: (i) twentyfive percent (25%) of the annual net profit adjusted in accordance with article 202 of the Corporations Law; or (ii) ten percent (10%) of the consolidated Operational Cash Flow Generation in the respective Fiscal Year, calculated in accordance with Paragraph 3 of this Article; and

(d)the balance, if any, shall be allocated in such a way as the Statutory Executive Board of Officers propose and the Board of Directors recommends, and the Shareholders Meeting approves, pursuant to the terms of the Corporations Law, and up to ninety percent (90%) may be allocated to the Capital Increase Reserve, for the purpose of ensuring adequate operational conditions. This reserve may not exceed eighty percent (80%) of the registered capital. The remainder shall be allocated to the Special Reserve under these Bylaws for ensuring continuity of semi-annual distribution of dividends, until such reserve reaches twenty percent (20%) of the registered capital.

§ One – As provided for in article 197 of the Corporations Law and its subparagraphs, in any business year in which the amount of obligatory dividend, calculated in accordance with article 202 of that same law and these Bylaws, exceeds the realized portion of the net profit for the business year, the Shareholders Meeting may, on a proposal by the management bodies, allocate the difference to constitution of a Future Earnings Reserve.

§ Two – Under article 199 of the Corporations Law, the balance of profit reserves, other than the reserves for contingencies and future earnings, may not exceed the registered capital. When this limit is reached the Shareholders Meeting shall decide on the application of the excess amount, either for paying-in or for increase of the registered capital, or in distribution of dividends.

§ Three – For the purposes of calculating the amount to be paid as minimum mandatory dividends set forth in line “c” of Article 26, consolidated “Operational Cash Generation” means the result of the following formula:

GCO = Adjusted EBITDA – Maintenance Capex

Where:

“GCO” means the consolidated Generation of Operational Cash of the Fiscal Year, expressed in national currency.

“EBITDA” means the net profit of the Fiscal Year of the Company expressed in national currency, before the income tax and social contribution on net income, financial income and expenses, depreciation, amortization and depletion.

“Adjusted EBITDA” means the EBITDA excluding items not recurrent and/or not cash and gains (losses) arising from changes in fair value of sale of the biological assets.

“Maintenance Capex” means the amount, expressed in national currency, of the investments in maintenance executed in the Fiscal Year.

§ Four – Upon the resolution of the Shareholders Meeting, the Company may distribute dividends higher than the mandatory dividends set forth in line “c” of this Article.

§ Five – The Shareholders Meeting may allocate a participation in the profits to the members of the Board of Directors and the Statutory Executive Board of Officers, in the circumstances and within the form and limits allowed by law.

Article 27 – On a proposal by the Statutory Executive Board of Officers, approved by the Board of Directors, the Company may pay a compensation to the shareholders, as interest on


their equity, up to the limit established by article 9 of Law No. 9,249, December 26, 1995; and in accordance with sub-paragraph 7 of that article any amounts thus disbursed may be deemed part of the obligatory dividend provided for by law and by these Bylaws.

Article 28 – Interim financial statements shall be prepared on the last day of June of each year, and the Statutory Executive Board of Officers may:

(a)declare a semi-annual dividend, on account of the annual dividend;

(b)raise interim financial statements and declare dividends for shorter periods, on account of the annual dividend, as long as the total of the dividends paid in each half of the business year does not exceed the amount of the capital reserves;

(c)declare interim dividends on account of retained earnings or on account of profit reserves existing in the previous annual or half yearly financial statements, on account of the annual dividend.

Article 29 – The annual financial statements shall, obligatorily, be audited by external auditors registered with the CVM. Such auditors shall be chosen and/or dismissed by the Board of Directors, subject, as the case may be, to the terms of paragraph 2 of article 142 of the Corporations Law.

CHAPTER VIII

TENDER OFFER IN CASE OF ACQUISITION OF RELEVANT INTEREST

Article 30 – Any Person (as defined in paragraph one below) solely or jointly with another Bound Person(s), shareholder(s) or not of the Company, which subscribes, acquires or, in any other form, including, without limitation, by means of exchange, conversion, corporate reorganization (including, but not limiting to the merger of the Company and/or of its shares or the merger by the Company of other company or the shares thereof), or even upon acquisition of preemptive rights and/or subscription of shares or other securities issued by the Company convertible into shares or which give the right to its subscription or purchase of shares of the Company, becomes holder, directly or indirectly, in Brazil or offshore, of Relevant Interest (as defined in paragraph one below) the Company shall, within the maximum term of thirty (30) days counting from the date of the event which results in the ownership of the Relevant Interest, launch or, in the case of a registered tender offer in the terms of CVM Rule 361/02, file a registry request before CVM of, an OPA for the acquisition of the totality of the shares issued by the Company, which shall be liquidated in the maximum term of (a) forty eight (48) days counting from the launch of the offer not subject to registration, and (b) one hundred and eighty (180) days counting from the date of registry filing, in the case of an offer subject to registration, in the terms of the law and applicable


legislation, except for certain delays which do not arise from any act or omission of the offeror.

§ One – For the purposes of these Bylaws:

(a)"Outstanding Shares" means all shares issued by the Company, except those (i) owned, directly or indirectly, by the controlling shareholder or persons related thereto; (ii) in the Company's treasury; (iii) held by a company controlled by the Company; or (iv) directly or indirectly held by the managers of the Company;

(b)“Derivatives” means any derivatives liquidated in shares issued by the Company and/or by means of payment in currency, traded on the stock exchange, organized or privately traded, that are referenced in shares or any other security issued by the Company;

(c)“Other Rights of Corporate Nature” means (i) usufruct or trust on shares issued by the Company, (ii) options to purchase, subscribe or exchange, for any purpose, that may result in the acquisition of shares issued by the Company; or (iii) any other right that permanently or temporarily secures political or shareholder rights over shares issued by the Company, including American Depositary Receipts (ADRs);

(d)“Relevant Interest” means the amount of shares issued by the Company (or its legal successors) in a percentage equal to or greater than twenty percent (20%) of the total shares issued by it;

(e)“Person” means any person including, without limitation, any natural or legal person, investment fund, condominium, securities portfolio, universality of rights, or other form of organization, resident, domiciled or headquartered in Brazil or abroad; and

(f)“Bound Person” means any Person or group of Persons bound by a voting agreement or similar agreement, or acting jointly representing the same interests. Examples of group of persons acting jointly representing the same interests are those (i) that are directly or indirectly controlled or administered by a person belonging to the group of Persons, (ii) who controls or administers, under any form, a Person belonging to the group of Persons, (iii) that is directly or indirectly controlled or administered by any Person who directly or indirectly controls or manages a person who is a member of the Group of Persons, (iv) in which the controlling shareholder of such person belonging to the Group of Persons holds, directly or indirectly, a corporate interest equal to or greater than twenty percent (20%) of the voting capital, (v) in which such Person belonging to the group of persons holds, directly or indirectly, a corporate interest equal

to or greater than twenty percent (20%) of the voting capital, or (vi) holds, directly or indirectly, a corporate interest equal to or greater than twenty percent (20%) of the voting capital of the person belonging to the group of Persons.

§ Two – The OPA shall be (i) addressed to all shareholders of the Company, (ii) executed in an auction to be held at B3, (iii) launched at the price determined in accordance with the provisions of Paragraph Three below, and (iv) paid at sight, in national currency, against the acquisition in the OPA of shares issued by the Company.

§ Three – The acquisition price of each share issued by the Company in the OPA will be the highest of the following values:

(a)Economic Value to be determined in a valuation report drafted pursuant to § Thirteen and § Fifteen of this article, in compliance with applicable legal and regulatory rules (“Economic Value”); and

(b)one hundred and forty-five percent (145%) of the highest unit quotation of shares issued by the Company on any stock exchange in which the Company’s shares are traded, during the period of twenty-four (24) months prior to the OPA, duly updated by the reference rate of monetary adjustment of the Special Settlement and Custody System SELIC (or the index that replaces it) up to the time of payment.

§ Four – The execution of the OPA mentioned in the caput of this Article shall not exclude the possibility of a third party submitting a competing OPA, in accordance with the applicable regulations.

§ Five – The Person shall be obliged to comply with any requests or requirements of the CVM regarding the OPA, within the maximum periods prescribed in the applicable regulations.

§ Six – In the event that a Person does not comply with the obligations imposed by this Article, including with respect to meeting the maximum terms (i) for the execution of the OPA, or (ii) to attend to any requests or requirements of the CVM, the Company's Board of Directors shall call an Extraordinary General Meeting, in which such Person may not vote, to resolve the suspension of the exercise of the rights of the Person who has not complied with any obligation imposed by this Article, as provided in article 120 of the Corporations Law.

§ Seven – Any person who acquires or becomes holder, in Brazil or abroad, of other rights, including (i) Other Rights of Corporate Nature of shares issued by the Company, or that may result in the acquisition of shares issued by the Company, or (ii) Derivatives (a) that give rise


to the Company's shares or (b) which give the right to receive the corresponding amount of the Company's shares, which results in such Person becoming a holder of a Relevant Interest, shall be equally obliged to, in the maximum term of 30 (thirty) days as from the date of the event that resulted in the ownership of the Relevant Interest, launch or, in the case of an offer to be registered pursuant to CVM Rule 361/02, file a request for registration with the CVM of an OPA for the acquisition of the totality of the shares issued by the Company, observing the provisions of this Article 30.

§ Eight – The obligations contained in article 254-A of the Corporations Law and Article 31 of these Bylaws exclude the fulfillment by the Person holding a Relevant Interest of the obligations contained in this Article.

§ Nine – For the purposes of calculating the percentage of twenty percent (20%) of the total of the shares issued by the Company to calculate the Relevant Interest, as described in line ”d” of Paragraph One of this Article, will not be computed the involuntary increases of equity interest resulting from cancellation of shares in treasury or redemption of shares.

§ Ten – If CVM regulations applicable to the OPA determines the adoption of a calculation criterion for the determination of the acquisition price in the OPA of each share issued by the Company that results in a purchase price higher than that determined in the terms of Paragraph Three above, the acquisition price calculated in accordance with CVM regulations shall prevail at the time of the OPA.

§ Eleven – The provisions of this Article 30 do not apply to the direct and indirect controlling shareholders of the Company on September 29, 2017, and to its Successors (defined below).

§ Twelve – For the purposes of paragraph eleven of Article 30 above, “Successors” of the direct and indirect controlling shareholders of the Company, their respective spouses, companions, heirs, legatees, assigns and successors who, for any reason, including corporate reorganizations, become holders of the shares (and/or of the voting rights inherent to them) and/or Other Rights of Corporate Nature related to the shares held or which will be held by the direct and indirect controlling shareholders of the Company on September 29, 2017.

§ Thirteen - The appraisal report referred to in Paragraph Three of this Article shall be prepared by a specialized institution or company, with proven experience and independent as to the decision-making power of the Company, its managers and controlling shareholder(s). Further, the valuation report shall also satisfy the requirements of paragraphs 1 and 6 of article 8 of the Corporations Law.

§ Fourteen - The selection of the institution or specialized company responsible for determining the Economic Value of the Company is an exclusive competence of the Shareholders’ Meeting, based on the presentation, by the Board of Directors, of a triple list, provided that the respective resolution, not counting blank votes, shall be approved by a


majority of votes of shareholders representing the Outstanding Shares attending such Shareholders’ Meeting, which, if installed by the first call notice, shall be attended by shareholders representing at least twenty percent (20%) of the total Outstanding Shares, or, if installed by the second call notice, may count on the presence of any number of shareholders holding Outstanding Shares.

§ Fifteen - The costs arising from the preparation of the valuation report shall be borne entirely by the offeror.

CHAPTER IX

SALE OF CONTROL

Article 31 – The direct or indirect sale of control of the Company, either through a single transaction or through successive transactions, shall be contracted under the condition that the acquirer of the control undertakes to execute the tender offer of shares, which shall contemplate shares issued by the Company owned by the other shareholders, observing the conditions and terms established in the current legislation, regulations and the Novo Mercado Rules, in order to assure them equal treatment to that given to the selling shareholder.

CHAPTER X

PROCEDURES FOR NEW ACQUISITIONS

Article 32 Any Person who holds Outstanding Shares of the Company, in an amount greater than five percent (5%) of the total shares issued by the Company and that wishes to carry out a new acquisition of shares issued by the Company (“New Acquisition”), shall be obliged, prior to each New Acquisition, to communicate in writing to the Company's Investor Relations Officer, at least three (3) business days prior to the date of the New Acquisition: (i) the number of Outstanding Shares that it intends to acquire; (ii) the intention to acquire; (iii) if it has an interest to appoint a member to the Board of Directors or to the Company’s Audit Board; (iv) the source of the resources that will be used for such acquisition; and (v) the strategic plans related to its investment in the Company.

§ One – In addition, the Person characterized in the caput of this Article will be obliged to make each New Acquisition in B3, being prohibited to carry out private or over-the counter market trades.

§ Two – The Investor Relations Officer is authorized, on his own initiative or in response to a request made by the regulatory bodies, to request that the Company's shareholders or Group of Shareholders report their direct and/or indirect shareholding composition, as well as the composition of the Its direct and/or indirect control block and, if applicable, the corporate and corporate group, in fact or in law, of which they form part.


§ Three – In the event that the Person does not comply with the obligations imposed by this Article, the provisions of Article 30, Seventh Paragraph, above.

CHAPTER XI

LIQUIDATION

Article 33 The Company shall enter into liquidation in the circumstances provided for by law, and the Shareholders Meeting shall determine the manner of liquidation and appoint the liquidator who shall function during the period of liquidation.

CHAPTER XII

ARBITRATION PROCEEDING

Article 34 The Company, its shareholders, managers and members of the Audit Board, sitting or substitute members, if any, undertake to resolve, through arbitration, before the Market Arbitration Chamber (Câmara de Arbitragem do Mercado), pursuant to its regulation or controversies that may arise between them, relating to or arising from their condition as an issuer, shareholder, administrator and/or member of the Audit Board, in special,  of the provisions contained in Law No. 6,385/76, the Corporations Law, in these Bylaws, in the rules issued by the National Monetary Council, by the Central Bank of Brazil and by the CVM, as well as in the other rules applicable to the operation of the capital markets in general, in addition to those contained in the Novo Mercado Rules, the other regulations of B3 and the Novo Mercado Listing Agreement.

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Exhibit 99.7

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Shareholder´s Manual

Extraordinary General Shareholders Meeting

October 31, 2023

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Index

MESSAGE FROM THE MANAGEMENT1

GUIDANCE FOR ATTENDANCE2

Date Time and Place2

Who may attend the General Shareholders Meeting2

Quorum for the holding2

How to attend the General Shareholders Meeting2

Documentation required2

1) Digital Platform…………………………………………………………………………………………………………………….2

2) Distance Voting…………………………………………………………………………………………………………………….5

Additional Clarification6

MATTERS TO BE RESOLVED ON7

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General Shareholders’ Meeting


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Message from the Management

Dear Shareholders,

In order to facilitate and encourage your participation in the Extraordinary General Shareholders’ Meeting of Suzano S.A. (“Suzano” or “Company”), to be held on October 31, 2023, at 10:00 a.m., exclusively in digital form (“EGSM”), we have prepared this Shareholder´s Manual (“Manual”).

This document is in line with the principles and good corporate governance practices adopted by the Company, although the full and attentive reading of the other documents related to the EGSM is not waived, especially the Management Proposal, prepared under the Brazilian Securities and Exchange Commission (“CVM”) rules and the Law No. 6,404, of December 15, 1976, as amended (“Brazilian Corporation Law”), and available on Suzano’s headquarters, in the Company’s investor relations website (www.suzano.com.br/ri), as well as on the websites of CVM (www.cvm.gov.br) and B3 S.A. – Brasil, Bolsa, Balcão (“B3”) (http://www.b3.com.br).

On behalf of the Company’s Management, we invite the shareholders to attend and express their opinion in the EGSM, which will be held exclusively digitally, under the terms of CVM Resolution No. 81, of March 29, 2022, ("CVM Resolution 81/22"). Notwithstanding the attendance in the EGSM through a digital platform as detailed below in this Manual, the Company also strongly encourages the shareholders to use alternative voting mechanisms, in particular by means of using the Distance Voting Ballot, also further detailed in this Manual.

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Suzano reiterates that it embraces its responsibility to continue supplying Brazil and the world with pulp, paper and sanitary papers, essential raw materials or critical items for the hospitals, pharmaceuticals, food, personal care, among others sectors, because Suzano believes that it is only good for the Company if it is good for the world.

Yours Sincerely,

David Feffer Walter Schalka

Chairman of the Board of Directors Chief Executive Officer


Guidance

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DATE AND TIME

Tuesday, October 31, 2023, at 10:00 a.m. (GMT-3:00).

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WHERE

Exclusively in digital form, under the terms of CVM Resolution 81/22, as hereinafter detailed.

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QUORUM FOR THE HOLDING

Installation of the EGSM on first call with the presence of, at least, (i) two thirds (2/3) of the capital stock, in order to resolve on the complementation and consolidation of the Company’s Bylaws; and (ii) one quarter (1/4) of the capital stock, in order to resolve on the remaining items of the agenda.

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WHO MAY ATTEND

May attend the EGSM, all the shareholders who holds common registered shares issued by Suzano, on their own behalf or by legal representative or attorneys-in-fact duly appointed under the current legislation and as per the guidance contained in this Manual.

Attendance of Holders of American Depositary Shares (“ADS”)

ADS holders may attend the EGSM, in which they will be represented by The Bank of New York Mellon (“BNY”), as the depositary financial institution, in compliance with the terms and procedures established in the Deposit Agreement entered into with Suzano. BNY shall send the voting cards (proxy) to the holders of ADS so they may exercise their voting rights and be represented in the EGSM through their representative in Brazil.

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HOW TO ATTEND

The Company’s shareholders may attend the EGSM in two manners: (i) through a digital platform to be made available by the Company for access on the EGSM day and time as detailed herein below in this Manual; or (ii) through the distance voting, under CVM Resolution 81/22.

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DOCUMENTATION REQUIRED

(1)Digital Platform

For the purposes of attendance through a digital platform to be accessed on the EGSM day and time (“Digital Platform”), interested shareholders must express their interest by registering until 10:00 a.m. of October 29, 2023, through electronic register on the link https://qicentral.com.br/m/age-suzano-2023-10, on which the following information must be presented: (i) proof of ownership of Company’s shares issued no more than four (4) business days prior to the date of the EGSM, that is, as of October 25, 2023, by the stock transfer agent or custody agent, (ii) e-mail, telephone and the shareholder, attorney-in-fact or representative identification number, and (iii) the applicable documents below (“Participation Register”):

(a)Individuals: copy of the valid identity document with photo, or, if applicable, valid identity document of the attorney-in-fact and the respective power-of-attorney.

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(b)Legal Person: copy of the valid identity document with photo of the legal representative and respective representation documents, including the power-of-attorney and copy of articles of incorporation and minutes of election of the manager.

(c)Investment Fund: copy of the valid identity document with photo of the representative and respective representation documents, including the power-of-attorney and copy of the current bylaws of the fund, bylaws or articles of association of its administrator or manager, as applicable, and minutes of the election of the managers of the administrator or manager.

(d)Attendance by Attorney-in-Fact: The attorney-in-fact shall have been appointed less than one (1) year ago and qualify himself as shareholder or manager of the Company, lawyer enrolled with the Attorneys’ Bar in force or financial institution.

In accordance with Official Letter/Annual – 2023 – CVM/SEP, of February 28, 2023 (“Official Letter”), Shareholders that are legal persons may be represented in the EGSM by their legal representatives or agents duly appointed pursuant to the articles of incorporation of said company and with the rules of the Brazilian Civil Code, in which case they are not required to be a shareholder or manager of the Company or an attorney.

Similarly, shareholders that are investment funds, pursuant to the decision of the Board of Commissioners of CVM in CVM Administrative Proceeding RJ-2014-3578, may be represented in the EGSM by their legal representatives or agents duly appointed by their administrator or manager, pursuant to their regulations, bylaws or articles of association of their manager or administrator, as applicable.

To facilitate and encourage the participation of the shareholders in the EGSM, formalities for certification of signatures, authentication, notarization, consularization, apostille or sworn translation are exempted in relation to the documents indicated above, being sufficient, in the latter case, their free translation into Portuguese. It should be noted that documents in English and Spanish are exempt even from free translation.

Once the representation documents sent in accordance with the above are found to be in order, information and guidelines for accessing the Digital Platform, will be sent up to one (1) day and, additionally, one (1) hour before the starting time of the EGSM to each shareholder (or the respective attorney-in-fact, as the case may be) that has made the regular Participation Register. Such information and guidance will be forwarded exclusively to the e-mail address informed in the Participation Register, regardless of the e-mail address used by the shareholder (or the respective attorney-in-fact, as the case may be) to send the documents and information for purposes of performing such registration.

In case of need for documentary complementation and/or additional clarifications in relation to the documents sent for the purposes of the Participation Register, the Company will contact the shareholder (or the respective attorney-in-fact, as the case may be) to request such documentary complementation and/or additional clarifications in a timely manner that allows the sending of information and guidelines for access to the Digital Platform within the period referred to above.

General Shareholders’ Meeting


Pursuant to Section 6, Paragraph 3, of CVM Resolution 81/22, the Company clarifies that, in case no interest is expressed by the shareholder (or the respective attorney-in-fact, as the case may be) in participating in the EGSM under the terms established above until 10:00 a.m. of October 29, 2023 or in case requests for documentary complementation and/or additional clarifications referred to in the previous paragraph are not satisfied in order to attest the regularity of shareholder representation, the shareholder participation in the EGSM through the Digital Platform will not be possible.

The Company also highlights that the information and guidelines for accessing the Digital Platform are unique and non-transferable, being the shareholder (or the respective attorney-in-fact, as the case may be) fully responsible for the possession and confidentiality of the information and guidelines transmitted by the Company under the terms of this Manual.

The Company also requests that, on the day of the EGSM, the qualified shareholders access the Digital Platform at least 30 minutes before the scheduled start time, in order to allow the validation of access and participation of all shareholders that will use it. Access to the EGSM will not be allowed after it starts.

In anticipation of the access information, which shall be sent via e-mail to duly registered shareholders, as described above, the Company notes that the access to the Digital Platform may occur by means of videoconference (in which the participant may watch the meeting and speak, with video and voice transmissions) and of audioconference (in which the participant may only listen to the meeting and speak, with voice transmission).

In order to access the Digital Platform, a device with a camera and audio capabilities that can be enabled is required. It is recommended that shareholders have the Zoom platform installed on their device and ensure that the installed version is up-to-date. In the event of any access difficulties, the shareholder must contact +55 (21) 3177-5599 to request support.

Finally, the Company clarifies that it is not and will not be responsible for any operational or connection issues of the shareholders, as well as for any other issues external to the Company that may difficult or prevent the shareholder to participate in the EGSM through the Digital Platform.

(2)Distance Voting

Pursuant to Sections 26 et. seq. of CVM Resolution No. 81/22, the Company’s shareholders may also exercise the vote in the EGSM through the distance voting, to be formalized in an electronic document named “Distance Voting Ballot” (“DVB”), available at the Company’s website (www.suzano.com.br/ri) in the area of Documents delivered to CVM – 2022 Meetings, and, also, at CVM’s website (www.cvm.gov.br) and B3’s website (http://www.b3.com.br).

The distance voting, by means of the DVB, may be exercised in three ways:

(i)by transmitting the instructions on how to fill in the DVB for the respective shareholders’ custodians, if the shares are deposited in a central securities depository;

(ii)by transmitting the instructions on how to fill in the DVB to the financial institution engaged by the Company to provide the securities bookkeeping services, if the shares are not deposited in a central securities depository; or

General Shareholders’ Meeting


(iii)by transmitting the duly filled-in DVB directly to the Company and sent through: (a) the link https://qicentral.com.br/m/age-suzano-2023-10, or (b) postal mail to the Company's headquarters, located in the City of Salvador, State of Bahia, at Avenida Professor Magalhães Neto, No. 1752 - 10 Floor, Suites 1009, 1010 and 1011, Pituba district and ZIP Code 41810-012.

The voting instructions shall be received by the custodian agent, the stock transfer agent or the Company up to seven (7) days before the date of the EGSM, that is, until October 24, 2023 (including such date), unless a different term is established by the respective custodian agents or the stock transfer agent. In case of direct delivery to the Company (even by e-mail), the DVB duly initialed and signed shall be accompanied of the other documents indicated in item (1) above, including, without limitation, proof of the ownership of Company’s shares, being the DVB and such documents also exempt from the formalities for certification of signatures, authentication, notarization, consularization, apostille or sworn translation, being sufficient, in the latter case, their free translation into Portuguese. It should be noted that documents in English and Spanish are exempt even from free translation.

After the term for the distance voting, that is October 24, 2023 (including such date), unless a different term is established by the respective custodian agents or the stock transfer agent, the shareholders may not change the voting instructions sent, except at the EGSM itself by means of participation through the Digital Platform, when they may specifically request to disregard the voting instructions sent by DVB, before the respective matter is submitted to voting.

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ADDITIONAL CLARIFICATIONS

Shareholder Registration

In the event of access difficulties when registering via the links provided above for participation in the EGSM, Suzano is available for clarification at the email addresses societario@suzano.com.br and ri@suzano.com.br.

Voting Rights

Each common share issued by the Company entitles to one vote on the resolutions of the EGSM’s agenda.

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TALK TO IR

For further information, the Investor Relations Board of Executive Officer of Suzano is at your disposal to any additional clarification through the telephone number (+55 11) 3503-9330 or by e-mail ri@suzano.com.br.

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General Shareholders’ Meeting


Matters to be resolved on

Under the terms of the Call Notice published in the newspapers “Correio da Bahia” and “O Estado de São Paulo”, and available on the Company's website (www.suzano.com.br/ri), in the area Documents delivered to CVM – 2023 Meetings, and further on CVM’s website (www.cvm.gov.br) and B3´s website (http://www.b3.com.br), the EGSM agenda will be comprised by the subjects indicated below:

(1)Approval of the Protocol and Justification of the Merger, by the Company, of MMC Brasil Indústria e Comércio Ltda., limited liability company, enrolled with CNPJ/MF under No. 48.573.767/0001-36, registered with the Commercial Registry of the State of São Paulo under NIRE 35.260.224.561, with head offices in the City of São Paulo, State of São Paulo, at Avenida Brigadeiro Faria Lima, No. 1335, 10th floor, Jardim Paulistano, ZIP Code 01452-919 (“MMC”, “Merger” and “Merger Agreement”);

(2)Ratification of the appointment and engagement of the specialized company Apsis Consultoria e Avaliações Ltda., a company enrolled with CNPJ/MF under No. 08.681.365/0001-30, with head offices in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua do Passeio, No. 62, 6th floor, Centro, ZIP Code 20021-290 (“Appraiser”) for purposes of determining MMC’s net equity, pursuant to the law;

(3)Approval of the appraisal report of MMC’s net equity, at book value, prepared by the Appraiser, in compliance with accounting and legal standards, criteria and requirements (“Appraisal Report”);

(4)Approval of the Merger;

(5)Approval of the amendment to Article 4 of the Company’s Bylaws to complement the Company’s corporate purpose in order to (i) in clause “a”, encompass activities currently carried out by MMC and complement the description of the other activities and products indicated therein, including explicit mention of “accessory products or those sold together, including, but not limited to, stationery products, cleaning products, and other sanitary and personal hygiene products and their respective accessories”; (ii) complement the description of the activities in clause “b” to include reference to the “conservation of native forest”; and (iii) complement the description in clause “c” to explicitly refer to the activities of “reselling and/or promoting, including electronically, goods and products that are part of the Company’s corporate purpose, as well as establishing a technological channel developed for e-commerce for trading goods and products that are part of the corporate purpose of the Company or its subsidiaries and/or of brands licensed by or to the Company and/or its subsidiaries”;

(6)Approval of the consolidation of the Company’s Bylaws;

(7)To authorize the Company’s management to perform all necessary actions in order to effectively carry out and implement the resolutions approved, pursuant to applicable law.

General Shareholders’ Meeting



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