<SEC-DOCUMENT>0001104659-19-075703.txt : 20191223
<SEC-HEADER>0001104659-19-075703.hdr.sgml : 20191223
<ACCEPTANCE-DATETIME>20191223172625
ACCESSION NUMBER:		0001104659-19-075703
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20191223
FILED AS OF DATE:		20191223
DATE AS OF CHANGE:		20191223

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Suzano S.A.
		CENTRAL INDEX KEY:			0000909327
		STANDARD INDUSTRIAL CLASSIFICATION:	PAPER MILLS [2621]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38755
		FILM NUMBER:		191307279

	BUSINESS ADDRESS:	
		STREET 1:		AV. PROFESSOR MAGALHAES NETO, 1,752
		STREET 2:		10TH FLOOR, ROOMS 1010 AND 1011
		CITY:			SALVADOR - BA
		STATE:			D5
		ZIP:			41 810-012
		BUSINESS PHONE:		551121384588

	MAIL ADDRESS:	
		STREET 1:		AV. BRIGADEIRO FARIA LIMA, 1,355
		STREET 2:		7TH FLOOR
		CITY:			PINHEIROS, SAO PAULO - SP
		STATE:			D5
		ZIP:			01 452-919

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Suzano Papel e Celulose S.A.
		DATE OF NAME CHANGE:	20180322

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COMPANHIA SUZANO DE PAPEL E CELULOSE                    /FI
		DATE OF NAME CHANGE:	19930719
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a19-27336_26k.htm
<DESCRIPTION>6-K
<TEXT>


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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington, DC 20549</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;6-K</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">REPORT OF FOREIGN PRIVATE ISSUER</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">PURSUANT TO RULE 13a-16 OR 15d-16</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">UNDER THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For the month of December, 2019.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Commission File Number 001-38755</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">Suzano S.A.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact name of registrant as specified in its charter)</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUZANO INC. </font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Translation of Registrant&#146;s Name into English)</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Av. Professor Magalhaes Neto, 1,752</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">10th Floor, Rooms 1010 and 1011</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Salvador, Brazil 41 810-012</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of principal executive office)</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<div align="center" style="margin:0in 0in .0001pt;text-align:center;"><hr size="1" width="25%" noshade align="center" style="color:black;"></div>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Form&nbsp;20-F </font><font face="Wingdings">x</font>&#160;&#160;&#160;&#160; Form&nbsp;40-F <font face="Wingdings">o</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(1): </font><font face="Wingdings">o</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Indicate by check mark if the registrant is submitting the Form&nbsp;6-K in paper as permitted by Regulation S-T Rule&nbsp;101(b)(7): </font><font face="Wingdings">o</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><u><font size="2" face="Times New Roman" style="font-size:10.0pt;">Enclosures</font></u>:</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;font-weight:bold;">Exhibit 99.1&nbsp;</font></b><font color="black" style="color:black;">&#150; Minutes of the Meeting of the Board of Directors &#150; Directors Election.</font></p>
<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">2<a name="PB_2_134938_5730"></a></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURE</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">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.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: December 23, 2019</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUZANO S.A.</font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.58%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>   </tr>
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<td width="49%" valign="top" style="padding:0in 0in 0in 0in;width:49.34%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
<td width="43%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:43.58%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/   Marcelo Feriozzi Bacci</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
<td width="7%" valign="top" style="padding:0in 0in 0in 0in;width:7.08%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Name:</font></p>    </td>
<td width="43%" valign="top" style="padding:0in 0in 0in 0in;width:43.58%;">
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Marcelo   Feriozzi Bacci</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Title:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chief   Financial Officer and Investor Relations Director</font></p>    </td>   </tr>  </table>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">3<a name="PB_3_135304_7056"></a></p>
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<TYPE>EX-99.1
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<DESCRIPTION>EX-99.1
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Exhibit&nbsp;99.1</font></b></p>
<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SUZANO S.A.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Publicly-held Company with Authorized Capital <br> CNPJ/MF No.&nbsp;16.404.287/0001-55</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NIRE No.&nbsp;29.300.016.331</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(&#147;<u>Meeting</u>&#148;)</font></b></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u style="font-weight:bold;">Date, Time and Place</u></b>: December&nbsp;12, 2019, at 2:45 p.m., at the branch of Suzano S.A. (&#147;<u>Company</u>&#148; or &#147;<u>Suzano</u>&#148;) located at Avenida Brigadeiro Faria Lima, 1355, 8&#186; andar, in the city of S&#227;o Paulo, State of S&#227;o Paulo, CEP 01452-919, the Board of Directors held a meeting.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">2.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b>Call Notice and Attendance</b>: The following Board Members attended the Meeting: David Feffer (Chairman of the Board of Directors), Claudio Thomaz Lobo Sonder (Vice Chairman), Daniel Feffer (Vice Chairman), Antonio de Souza Corr&#234;a Meyer (Board Member), Jorge Feffer (Board Member), Maria Priscila Rodini Vansetti Machado (Board Member), Nildemar Secches (Board Member), Rodrigo Kede de Freitas Lima (Board Member) and Ana Paula Pessoa (Board Member).</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">3.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b>Chairman and Secretary</b>: Mr.&nbsp;David Feffer chaired the meeting and Mr.&nbsp;Vitor Tumonis was the secretary.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">4.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u style="font-weight:bold;">Agenda</u></b>: To resolve on: <b>(i)&nbsp;</b>the election of the members of the Company&#146;s Statutory Executive Board; and <b>(ii)</b>&nbsp;the appointment of the other Executive Officers and Functional Officers, both pursuant to Article&nbsp;14 (s)&nbsp;of the Company&#146;s Articles of Incorporation.</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">5.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u style="font-weight:bold;">Minutes in Summary Form</u></b>: The Board Members unanimously resolved to draw up the minutes in summary form.</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">6.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u style="font-weight:bold;">Resolutions</u></b>: After analyzing and discussing the matters on the agenda, the Directors present, unanimously and without exception, decided:</p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.1.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; To approve the reelection of the following members of the Company&#146;s <u>Statutory Executive Board</u> for a term of office of one (01) year from January&nbsp;14, 2020:</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(i)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Chief Executive Officer</u> Mr.<b>&nbsp;WALTER SCHALKA </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;060.533.238-02 | ID No.&nbsp;6.567.956-8 SSP/SP), Brazilian, married, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(ii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Pulp Operations</u>, responsible for the pulp, engineering and energy industrial operations, Mr.<b>&nbsp;AIRES GALHARDO </b>(CPF/MF (Individual</p>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">1<a name="PB_1_024944_8817"></a></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(continuation of the minutes of the Meeting of the Board of Directors of Suzano SA, held on 12.12.2019 at 2:45 p.m.)</font></p>
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<p style="margin:0in 0in .0001pt 63.35pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Taxpayer Registration Number) No.&nbsp;249.860.458-81 | ID No.&nbsp;24.854.223-0 SSP/SP), Brazilian, married, business manager;</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Forestry</u>, responsible for the forest area, Mr.&nbsp;<b>ALEXANDRE CHUERI NETO</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;022744468-06 | ID No.&nbsp;10869463 SSP/SP), Brazilian, divorced, forest engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iv)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer &#151; Pulp Transactions</u>, responsible for the commercial operations of pulp, logistics and supplies, Mr.&nbsp;<b>CARLOS AN&#205;BAL FERNANDES DE ALMEIDA JR</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;910.169.166-04 | ID No.&nbsp;M-4.379.898 SSP/MG), Brazilian, married, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(v)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - People&nbsp;&amp; Management</u>, responsible for the human resources, communication, strategy, information technology and digital areas, Mr.&nbsp;<b>CHRISTIAN ORGLMEISTER</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;165.972.718-90 | ID No.&nbsp;15.528.591-9 SSP/SP), Brazilian, married, production engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(vi)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Research&nbsp;&amp; Development</u>, responsible for the research and development areas, Mr.&nbsp;<b>FERNANDO DE LELLIS GARCIA BERTOLUCCI </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;563.952.646-72 | ID No.&nbsp;M-341408 SSP/MG), Brazilian, married, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(vii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Paper</u>, responsible for the paper business unit, Mr.&nbsp;<b>LEONARDO BARRETTO DE ARAUJO GRIMALDI </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;650.128.445-72 | ID No.&nbsp;337.977.07 SSP/SP), Brazilian, married, business manager; and</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(viii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Finance and Investor Relations</u>, responsible for the finance and investor relations areas, Mr.<b>&nbsp;MARCELO FERIOZZI BACCI </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;165.903.168-05 | ID No.&nbsp;18.153.504 SSP/SP), Brazilian, married, business manager.</p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.2.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Due to the approval of resolutions 6.1 and 6.2 above, the composition of the Statutory Executive Board shall be as follows: <b>(i)</b>&nbsp;Mr.<b>&nbsp;WALTER SCHALKA</b>, as <u>Chief Executive Officer</u>; <b>(ii)</b>&nbsp;Mr.<b>&nbsp;AIRES GALHARDO</b>, as <u>Executive Officer - Pulp Operations</u>; <b>(iii)</b>&nbsp;Mr.&nbsp;<b>ALEXANDRE CHUERI NETO</b>, as <u>Executive Officer - Forestry</u>; <b>(iv)</b>&nbsp;Mr.&nbsp;<b>CARLOS AN&#205;BAL FERNANDES DE ALMEIDA J&#218;NIOR</b>, as <u>Executive Officer - Pulp Transactions</u>; <b>(v)</b>&nbsp;Mr.&nbsp;<b>CHRISTIAN ORGLMEISTER</b>, as <u>Executive Officer - People&nbsp;&amp; Management</u>; <b>(vi)</b>&nbsp;Mr.&nbsp;<b>FERNANDO DE LELLIS GARCIA BERTOLUCCI</b>, as <u>Executive Officer - Research&nbsp;&amp; Development</u>; <b>(vii)</b>&nbsp;Mr.&nbsp;<b>LEONARDO BARRETTO DE ARAUJO GRIMALDI</b>, as <u>Executive Officer - Paper</u>; and <b>(viii)</b>&nbsp;Mr.&nbsp;<b>MARCELO FERIOZZI BACCI</b>, as <u>Executive Officer - Finance and Investor Relations</u>.</font></p>
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<p style="margin:0in 0in .0001pt 35.45pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.2.1.&#160;&#160;&#160;&#160;&#160; It is recorded that all the members hereby elected to compose the <u>Statutory Executive Board</u> of the Company pursuant to item 6.1. above, <i>(x)</i>&nbsp;are residents and domiciled in the city of S&#227;o Paulo, State of S&#227;o Paulo, with business address at Av. Brigadeiro Faria Lima, 1355, 7&#186; andar, Bairro Pinheiros, CEP 01.452-919, <i>(y)&nbsp;</i>shall take office on January&nbsp;14, 2020 by signing their respective Terms of Office and adhering to the arbitration clause referred to in Article&nbsp;40 of the Novo Mercado Regulations; and <i>(z)</i>&nbsp;are not subject to any of the impediments provided for by law.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.3.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; To approve the appointment and reelection, as applicable, of the following <u>Executive Officers</u>, pursuant to Article&nbsp;14 (s)&nbsp;of the Company&#146;s Bylaws, with a term of office of one (1)&nbsp;year from January&nbsp;14, 2019:</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(i)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Consumer Goods</u>, responsible for consumer goods, Mr.&nbsp;<b>LUIS RENATO COSTA BUENO </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;922.321.326-68 | ID No.&nbsp;M-6.089.284), Brazilian, married, mechanical engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(ii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Sustainability</u>, responsible for the sustainability area, Ms.<b>&nbsp;MARIA LUIZA DE OLIVEIRA PINTO AND PAIVA</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;129.079.488-06 | ID No.&nbsp;10787341-2 SSP/SP), Brazilian, married, psychologist;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - Relations and Legal Management</u>, responsible for the legal and corporate relations areas, Mr.&nbsp;<b>PABLO FRANCISCO GIMENEZ MACHADO </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;271.385.948-44 | ID No.&nbsp;28.209.659-0 SSP/SP), Brazilian, married, lawyer; and</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iv)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>as <u>Executive Officer - New Business</u>, responsible for the new business area, Mr.<b>&nbsp;VINICIUS NONINO</b> (CPF/MF (Individual Taxpayer Registration Number) under No.&nbsp;138.815.728-48 | ID No.&nbsp;20.664.102-3 SSP/SP) Brazilian, married, business manager.</p>
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<p style="margin:0in 0in .0001pt 35.45pt;text-indent:.55pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.3.1.&#160;&#160;&#160;&#160; It is recorded that all <u>Executive Officers </u>hereby elected under item 6.5 above, <i>(x)</i>&nbsp;are resident and domiciled in the city of S&#227;o Paulo, State of S&#227;o Paulo, with their business address at Av. Brigadeiro Faria Lima, 1355, 7&#186; andar, Bairro Pinheiros, CEP 01.452-919, <i>(y)</i>&nbsp;shall take office on January&nbsp;14, 2020, and <i>(z)</i>&nbsp;are not subject to any of the impediments provided for by law.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.4.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; To approve the appointment and reelection, as applicable, of the following <u>Functional Officers</u>, pursuant to Article&nbsp;14 (s)&nbsp;of the Company&#146;s Articles of Incorporation, with a term of office of one (1)&nbsp;year from January&nbsp;14, 2020:</font></p>
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<p style="margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(i)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Marketing Department - Consumer Goods</u>, Ms.&nbsp;<b>KETY ADRIANA GONZALEZ DE AVILA </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;232.121.398-11 | RNE No.&nbsp;V449325-Y), Venezuelan, married, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(ii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Forestry Operations Department &#151; South</u>, Mr.&nbsp;<b>CAIO EDUARDO ZANARDO </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;275.674.548-07 | ID No.&nbsp;29.574.713-4 SSP/SP), Brazilian, married, forest engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Forestry Operations Department &#151; North</u>, Mr.&nbsp;<b>DOUGLAS SEIBERT LAZARETTI </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;000.736.650-70 <font size="1" style="font-size:6.5pt;position:relative;top:-3.0pt;">|</font>&#160;RG No.&nbsp;20.643.036-51 SSP/RS), Brazilian, married, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(iv)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Paper Commercial Operations Department</u>, Mr.&nbsp;<b>GUILHERME MELHADO MIRANDA </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;321.980.108-01 | ID/SP No.&nbsp;43.743.771-1), Brazilian, married, business manager;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(v)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Pulp industrial Department - North</u>, Mr.&nbsp;<b>JOS&#201; ALEXANDRE DE MORAES</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;052.779.948-31 | ID No.&nbsp;13.212.732 SSP/SP), Brazilian, married, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(vi)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Treasury</u>, Mr.&nbsp;<b>J&#218;LIO CESAR MACIEL RAMUNDO </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;003.592.857-32 | ID No.&nbsp;69.791.523 IFP/RJ), Brazilian, married, economist;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(vii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Engineering Department</u>, Mr.&nbsp;<b>J&#218;LIO C&#201;SAR RODRIGUES DA CUNHA</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;611.587.126-34 | ID No.&nbsp;13.595.003-x SSP/SP), Brazilian, single, engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(viii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Commercial Department - Consumer Goods</u>, Mr.&nbsp;<b>MARCOS PAULO LUPIANHES</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;168.327.698-14 | ID 25.789.800-1), Brazilian, married, civil engineer;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(ix)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Audit Department</u>, Mr.&nbsp;<b>MARIANO ZAVATTIERO</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;213.154.408-14 | RNE W381634-0 CGPI/DIREX/DFP), Argentine, living in a domestic partnership, accountant;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(x)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Financial Planning Department</u>, Mr.&nbsp;<b>PAULO DE OLIVEIRA BORREGO</b> (CPF/MF (Individual Taxpayer Registration Number) under No.&nbsp;214.179.568-01 | ID No.&nbsp;25.714.552-7 SSP/SP); Brazilian, married, manager;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(xi)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Pulp Industrial Department - South</u>, Mr.&nbsp;<b>PAULO RICARDO PEREIRA DA SILVEIRA</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;347,892,940-72 | ID No.&nbsp;5.014.825.854 SSP/RS), Brazilian, married, chemical engineer;</p>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">4<a name="PB_4_025034_5796"></a></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(xii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Information Technology Department</u>, Mr.&nbsp;<b>ANDELANEY CARVALHO DOS SANTOS</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;960.933.747-34 | ID No.&nbsp;06.085.676-2 SEPC/RJ), Brazilian, divorced, manager;</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(xiii)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Controllership Department</u>, Mr.&nbsp;<b>VITOR TUMONIS</b> (CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;328,677,308-56 | ID No.&nbsp;34,831,278-7 SSP/SP), Brazilian, married, business manager; and</p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt 63.8pt;text-indent:-28.35pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(xiv)</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>To the <u>Logistics and Procurement Department</u>, Mr.&nbsp;<b>WELLINGTON ANGELO LOUREIRO GIACOMIN </b>(CPF/MF (Individual Taxpayer Registration Number) No.&nbsp;719.996.207-04 | ID No.&nbsp;549.423 SPTC/ES), Brazilian, married, engineer.</p>
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<p style="margin:0in 0in .0001pt 35.45pt;text-indent:.55pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.4.1.&#160;&#160;&#160;&#160; It is recorded that all <u>Functional Officers</u> hereby elected under item 6.6 above, <i>(x)</i>&nbsp;are resident and domiciled in the city of S&#227;o Paulo, State of S&#227;o Paulo, with their business address at Av. Brigadeiro Faria Lima, 1355, 7&#186; andar, Bairro Pinheiros, CEP 01.452-919, <i>(y)</i>&nbsp;shall take office on January&nbsp;14, 2020, and <i>(z)</i>&nbsp;are not subject to any of the impediments provided for by law.</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">7.</font></b>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <b><u style="font-weight:bold;">Closing</u>: </b>There being no further business, the Meeting was ended. The minutes of the Meeting were prepared, read and approved by all the attending Board Members. Signatures. <i>Board</i>: David Feffer - Chairman; Vitor Tumonis - Secretary. <i>Board Members</i> David Feffer (Chairman of the Board of Directors), Claudio Thomaz Lobo Sonder (Vice Chairman), Daniel Feffer (Vice Chairman), Antonio de Souza Corr&#234;a Meyer (Board Member), Jorge Feffer (Board Member), Maria Priscila Rodini Vansetti Machado (Board Member), Nildemar Secches (Board Member), Rodrigo Kede de Freitas Lima (Board Member) and Ana Paula Pessoa (Board Member).</p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">These minutes are a true copy of the original drawn up in the proper book.</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">S&#227;o Paulo, SP, December&nbsp;12, 2019.</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Vitor Tumonis</font></b></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Secretary</font></p>    </td>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">5<a name="PB_5_025629_7056"></a></p>
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