Suzano S.A. informed its shareholders and the market in general that on this date the Board of Directors resolved on the transition process for the position of CEO of the Company, currently held by Mr. Walter Schalka, who will remain at the current position until July 1, 2024. The Board of Directors approved Mr. João Alberto Fernandez de Abreu as its future CEO. Mr. Shalka and Mr. João Alberto will jointly and orderly lead the succession process, starting on April 2, 2024, so that when Mr. Schalka leaves the position on July 1, 2024, Mr. Abreu will succeed him as CEO.

The Board of Directors resolved that Mr. Schalka will be duly nominated by the Company's management to join the slate to be submitted by the Company's management for the election of the Board of Directors to be held at the Ordinary General Meeting of the Company, which will deliberate on the accounts for the fiscal year ended on December 31, 2023; and elected or reelected, as the case may be, at the first Board of Directors Meeting to be held after the OGM, to integrate the following Advisory Committees to the Board of Directors: Strategy and Innovation Committee; Sustainability Committee; Management and Finance Committee; and People Committee. Mr. Abreu has a 30-year career, including 18 years at Shell where he held various positions in Brazil, England, and Argentina, 7 years at Raízen as Energy Director and Vice President of the Ethanol, Sugar, and Energy Business, and 5 years as CEO of Rumo S.A., a railway logistics company. He is an engineer graduated from Pontifical Catholic University of Rio de Janeiro, holds an MBA from Fundação Dom Cabral, and has attended executive courses at universities such as IMD and Wharton.

Currently, he is a member of the Board of ANTF (National Association of Railway Transporters), President of the Moveinfra Board, Director of Deifra of FIESP, and serves as a Counselor of Raízen Foundation and the Pact Against Hunger.