Suzano S A : Presentation | Itáu ESG Conference

ESG Conference - Itaú

June 11, 2020

Disclaimer

This communication contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Some of these forward-looking statements are identified with words like "believe," "may," "could," "would," "might," "possible," "will," "should," "expect," "intend," "plan," "anticipate," "estimate", "potential", "outlook" or "continue," the negative of these words, other terms of similar meaning or the use of future dates. Forward-looking statements in this communication include, without limitation, statements regarding the implementation of operating and financing strategies and initiatives, including with respect to the integration of Fibria's operations and expected potential synergies, plans with respect to capital expenditures, and factors or trends affecting financial condition, liquidity or results of operations. Such statements reflect the current views of management and are subject to a number of risks and uncertainties, including changes in prices and customer demand for our products, changes in raw material costs, pricing actions by competitors, changes in the rates of exchange of the Brazilian real against the US dollar, and general changes in the economic environment in Brazil, emerging markets or internationally. Such forward-looking statements are qualified by the inherent risks and uncertainties surrounding future expectations generally, and actual results could differ materially from those currently anticipated due to such risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur.

The statements information, opinions and forward-looking statements contained in this presentation speak only as at the date of this presentation and should thus be considered in the context of the circumstances prevailing at the time. They are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors, and are subject to change without notice. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. Suzano does not undertake any obligation to update any information, opinion or forward-looking statements as a result of new information, future developments or otherwise, except as expressly required by law. All information, opinions and forward-looking statements in this communication are qualified in their entirety by this cautionary statement.

2

3

	we are			we do			we do
			create and	It's good for us
people that
inspire and	share value	only if it's good
	transform				for the world

1 To be best in class in efficiency, profitability and sustainability: from the forest to the customer

2	Be an agent of transformation in accessing and expanding new markets
from our biomass

3	To be a reference in sustainable and innovative solutions for the
bioeconomy and environmental services

Sustainability Strategy

CUSTOMER CUSTOMER'S

CUSTOMER

SUZANO

SUPPLIERS	RETAILERS	END
	CONSUMER

PRINTING	END USER
COMPANIES

Neighboring	Shareholders and	NGOs, Media, Think Tanks,
communities	other investors	Certification bodies, etc.

Sustainability Strategy

We are aware of the complexity of the challenges and opportunities that lie ahead, but feel motivated and inspired by our desire to be leaders and agents of

transformation in the combined development of innovative and sustainable solutions to society's challenges.

Guided by the desire to broaden our horizon, considering social and environmental externalities and the multiple stakeholder views, in 2019 we carried out an in-depthdialogue-oriented, investigative process, which resulted in the Suzano's

Sustainability Strategy.

Sustainability Strategy

Dialogues carried out with approx.:

• 150 external stakeholders: 1x1 interviews with Suzano's Sustainability Team

▪More than 200 external stakeholders through

an online survey

• More than 700 employees

Together, these conversations generated more than 600 contributions, including demands,

expectations, criticisms and opportunities.

Sustainability Strategy

These consultations reinforced some points:

1	2
Suzano and its	Convergence from
stakeholders agree	stakeholders on the
that the company	sector's strengths,
needs to think and	weaknesses, risks and
act ambitiously.	opportunities.

3

Effective and clear communication is essential if we are to generate and capture the value of sustainability.

4

Suzano's employees want to include the Sustainability perspective, both in their professional and personal roles.

Sustainability Strategy

Integrating the	Promoting the
sustainability	connections
perspective into	between
business management	sustainability and
practices	innovation

Integrated to	Driven by
the business	innovability

Adoption of a	Promoting	Maximization of
systemic and	transparency and	the capacity of
collaborative	dialogue, welcoming	value creation and
approach, connecting	diversity of views	shared value,
the local and global	and strengthening	considering all
agenda.	partnerships	stakeholders

	Transparent and	Generating
Systemic	facilitating
Shared value
	dialogue

Employee engagement and active participation as agents and ambassadors of change

From the inside out

Sustainability Strategy

Board of Directors

Sustainability

Committee

CEO

Reports to

And others...

Chief Sustainability	Chief Innovation	Head of Pulp	Head of Paper	Head of Forestry
Officer	Officer	Business	Business

Corporate	Socio-	Ecofuturo
Sustainability	environmental	Institute

Even more

climate positive

	Remove an
Sustainability Strategy	additional 40
million tons of
	carbon from the
	atmosphere
	capture - emissions (scope
	1, 2 e 3)

Mitigate

income

inequality

Zero people

below the

poverty

threshold in our area of influence

(200 thousand people)

Substitute

plastics and petroleum- based products

Offer 10 million

tons of

renewable

products

2030

Sustainability Strategy

(Cont.)

Water

• Forest - Increase water availability in 100% of critical watersheds, until 2030
• Industry - Reduce water withdrawal by 15%, until 2030

Energy

• Increase renewable energy exports by 50%, until 2030

Diversity and Inclusion

• PWDs - Guarantee 100% accessibility and inclusive environment and zero prejudice against people with disabilities, until 2025
• Women - Reach 30% minimum of women in leadership roles (managers, directors and Board), until 2025
• Blacks 2 - Reach 30% minimum of blacks in leadership roles (managers, directors and Board), until 2025

Climate Change

• Reduce specific emissions1 by 15% (Scope
  1 and 2) , until 2030

Waste

• Reduce industrial waste sent to landfill by 70%, until 2030

• LGBTI+ 3 - Guarantee 100% inclusive environment and zero prejudice against LGBTI+, until 2025

Education

• Increase the Brazilian Basic Education Index (IDEB) by 40% in our area of influence, until 2030

1. Includes emissions (scope 1 and 2) by tons of product (tCO2e/adt)
2. Terminology used by the Brazilian Statistics Institute (IBGE), this category includes blacks and pardos
3. At Suzano we have chosen LGBTI+ as our umbrella term. It stands for: Lesbian, Gay, Bisexual, Trans, Intersex and + for all other spectrums of sexuality and gender

Sustainability Strategy

Strategic Vision

Culture Drivers

Commitments

Strategy

Assumptions

Governance

To be best in class in efficiency, profitability and sustainability: from the forest to the customer

Be an agent of transformation in accessing and expanding new markets from our biomass

To be a reference in sustainable and innovative solutions for the bioeconomy and environmental services

People that	Generate and	It is only good
inspire and	for us if it is good
share value
transform	for the world

ENVIRONMENTAL		SOCIAL		BUSINESS

Integrated to	Driven by	Systemic	Transparent	Generating	From the
and facilitating
the business	innovability	shared value	inside out
	dialogue

Sustainability		Chief
Committee linked		Sustainability		Sustainability Team
to the Board of		Officer linked to
Directors		the CEO

Investor Relations

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