Cerrado Project

November 5th, 2021

Moving forward with our long-term strategy

Strategic Avenues

Be "Best-in-Class"in the

Total Pulp Cost vision

Maintain relevance in Pulp,

through good projects

Strategic Reasoning

  • Improve competitiveness with the lowest cash production cost
  • Economies of scale
  • Attractive returns even in more adverse scenarios
  • Contributing to Company's sustainability goals
  • Solid long-term demand growth

2

Organic growth and expansion of addressable market support demand for hardwood pulp in the long run

Global Pulp Demand(1)

Expanded

potential

~1 million

tons/year

Current

Organic

Fiber to

Fossil to

Future

Demand

Growth

Fiber

Fiber

Demand

Fiber to Fiber

  • Reduction of RCP/SOP availability
  • Cost competitiveness
  • Advances in BSKP attributes, including containerboard
  • Modernization of industrial assets
  • De-integrationdue to lack of wood availability

Fossil to Fiber

  • Packaging
  • Single-useplastic
  • Textiles, among others

(1) Illustrative chart

3

Highlights

Mato Grosso do

Sul State

São Paulo

State

Ribas do

Rio PardoSantos Port

Nominal Capacity

2.55

M tons/year

The lowest cash production cost of our asset base

Significant contributions to 2030 Agenda

Industrial Capex (1)

: R$14.7 bn

2H24

Total Capex (1) :

R$19.3 bn

Start-Up

(1) Expected.

4

Forestry

Optionalities for forest base formation

~90% of wood

already secured(1)

100%

for operations up to

of wood

2030

(1st forestry cycle)

requirement

MS

already

guaranteed for

2H24 start-up

CURRENT

CERRADO

~600 K

Base

Base

hectares

(1) Include own and third-party wood.

5

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Disclaimer

Suzano SA published this content on 05 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2021 13:47:01 UTC.