NOTICE TO SHAREHOLDERS
SUZANO S.A.
Publicly Held Company with Authorized Capital
Corporate Taxpayer ID (CNPJ/MF): 16.404.287/0001-55
Company registration (NIRE): 29.3.0001633-1
São Paulo, September 10 2019 - Suzano S.A. ("Company" or "Suzano") (B3: SUZB3 | NYSE: SUZ) hereby informs to its shareholders that, following the approvals of the Board of Directors of Suzano on August 8, 2019 and of the Brazilian Securities Commission (CVM) on September 2, 2019, the Company will proceed with the change in its American Depositary Receipt (ADR) program as described below.
The current ratio of one (1) American Depositary Share (ADS) representing two (2) Suzano common shares will be changed to one (1) ADS representing one (1) Suzano common share. As a result of the ratio change, ADSs holders on the Record Date will automatically receive on the Distribution Date 1 (one) additional ADS for each ADS held on the Record Date. The ADS adjusted price will be reflected as from September 24, 2019.
Summary of the ADS ratio change:
Current ratio | 1 | ADS = 2 common shares | |
New ratio | 1 | ADS = 1 common share | |
Record Date | September 20, 2019 | (close of business) | |
Distribution Date | September 23, | 2019 | (close of business) |
ADS Adjusted price | September 24, | 2019 |
The Management of the Company, through its Investor Relations department, is ready to provide further information to shareholders and the market by telephone +55 (11) 3503-9330 or e-mail ri@suzano.com.br.
São Paulo, September 10, 2019.
Marcelo Feriozzi Bacci
Chief Financial and Investor Relations Officer
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Suzano SA published this content on 10 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 September 2019 22:06:04 UTC