<SEC-DOCUMENT>0000909327-25-000023.txt : 20250818
<SEC-HEADER>0000909327-25-000023.hdr.sgml : 20250818
<ACCEPTANCE-DATETIME>20250818170310
ACCESSION NUMBER:		0000909327-25-000023
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250818
FILED AS OF DATE:		20250818
DATE AS OF CHANGE:		20250818

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Suzano S.A.
		CENTRAL INDEX KEY:			0000909327
		STANDARD INDUSTRIAL CLASSIFICATION:	PAPER MILLS [2621]
		ORGANIZATION NAME:           	04 Manufacturing
		EIN:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38755
		FILM NUMBER:		251228651

	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>a20250818-suzano_6kxminute.htm
<DESCRIPTION>6-K
<TEXT>
<html><head>
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<title>Document</title></head><body><div id="if768871267a547c89c22b8020f37ed0c_1"></div><div style="min-height:36pt;width:100%"><div style="margin-bottom:10pt"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:13pt"><td colspan="3" style="border-bottom:1pt solid #000;border-top:4pt solid #000;padding:0 1pt"></td></tr></table></div></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>Washington, DC 20549</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:22pt;font-weight:700;line-height:120%">FORM&#160;6-K</font></div><div style="margin-bottom:30pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">REPORT OF FOREIGN PRIVATE ISSUER<br>PURSUANT TO RULE 13a-16 OR 15d-16<br>UNDER THE SECURITIES EXCHANGE ACT OF 1934</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">For the month of August, 2025.</font></div><div style="margin-bottom:30pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Commission File Number 001-38755</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:18pt;font-weight:700;line-height:120%">Suzano S.A.</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%"><br></font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(Exact name of registrant as specified in its charter)</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SUZANO INC. <br></font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(Translation of Registrant&#8217;s Name into English)</font></div><div style="margin-bottom:30pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Av. Professor Magalhaes Neto, 1,752<br>10th Floor, Rooms 1010 and 1011<br>Salvador, Brazil 41 810-012<br></font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:8pt;font-weight:400;line-height:120%">(Address of principal executive office)</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&#160;20-F or Form&#160;40-F.</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"><br>Form&#160;20-F &#9745;&#160;&#160;&#160;&#160;Form&#160;40-F &#9744;</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation S-T Rule&#160;101(b)(1)&#58;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> &#9744;</font></div><div style="margin-bottom:10pt;margin-top:10pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Indicate by check mark if the registrant is submitting the Form&#160;6-K in paper as permitted by Regulation S-T Rule&#160;101(b)(7)&#58;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> &#9744;</font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:13pt"><td colspan="3" style="border-bottom:4pt solid #000;border-top:1pt solid #000000;padding:0 1pt"></td></tr></table></div></div></div><div id="if768871267a547c89c22b8020f37ed0c_4"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:14pt;font-weight:700;line-height:150%">Enclosures&#58;</font></div><div><font style="color:#0000ff;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:150%;text-decoration:underline"><a href="a20250818-minutesoftheboar.htm" style="color:#0000ff;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:150%;text-decoration:underline">Exhibit 99.1&#160;&#8211; Minutes of the Board of Directors' Meeting</a></font></div><div style="text-align:center"><font><br></font></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div><div id="if768871267a547c89c22b8020f37ed0c_7"></div><hr style="page-break-after:always"><div style="min-height:72pt;width:100%"><div><font><br></font></div></div><div style="margin-bottom:10pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:14pt;font-weight:700;line-height:150%">SIGNATURE</font></div><div style="margin-bottom:10pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:150%">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></div><div><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Date&#58; August 18</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:6.5pt;font-weight:700;line-height:120%;position:relative;top:-3.5pt;vertical-align:baseline">th</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">, 2025</font></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:48.275%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:5.973%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:42.452%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SUZANO S.A.</font></td></tr><tr style="height:12pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">By&#58;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">&#47;s&#47; Marcos Moreno Chagas Assump&#231;&#227;o</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Name&#58;</font></td><td colspan="3" style="border-top:0.5pt solid #000000;padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Marcos Moreno Chagas Assump&#231;&#227;o</font></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Title&#58;</font></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Vice-President of Finance and Investor Relations</font></td></tr></table></div><div style="height:36pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><font><br></font></div></div></div></body></html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a20250818-minutesoftheboar.htm
<DESCRIPTION>EX-99.1
<TEXT>
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<title>Document</title></head><body><div id="i67854dcc022641ff8d7efe1f248d0fd9_1"></div><div style="min-height:66.96pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 99.1</font></div></div><div style="margin-top:4pt;padding-left:80.02pt;padding-right:80.02pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%">SUZANO</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.021em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.017em;line-height:120%">S.A.</font></div><div style="margin-top:1.55pt;padding-left:80.02pt;padding-right:80.02pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Publicly</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Held</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Company</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">with</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">authorized</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Capital CNPJ&#47;ME No. 16.404.287&#47;0001-55</font></div><div style="padding-left:80.27pt;padding-right:80.27pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:13.00pt">NIRE</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.004em;line-height:13.00pt"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:13.00pt">No.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.004em;line-height:13.00pt"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:13.00pt">29.300.016.331</font></div><div style="margin-top:3.1pt"><font><br></font></div><div style="padding-left:80.07pt;padding-right:80.07pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:125%">MINUTES</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.039em;line-height:125%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:125%">OF</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.03em;line-height:125%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:125%">THE</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.03em;line-height:125%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:125%">BOARD</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.034em;line-height:125%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:125%">OF</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.03em;line-height:125%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:125%">DIRECTORS MEETING HELD ON AUGUST 6, 2025</font></div><div style="margin-top:1.05pt"><font><br></font></div><div style="padding-left:1.05pt;padding-right:2pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:129%">1.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:129%;padding-left:26.7pt;text-decoration:underline">Data, Hor&#225;rio e Local</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">&#58; On August 6, 2025, at 4 pm, at Suzano S.A. branch (&#8220;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%;text-decoration:underline">Company</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">&#8221;)</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">located</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">at</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Av.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Brigadeiro</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Faria</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Lima,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">1355,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">8</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:7.47pt;font-weight:400;line-height:129%;position:relative;top:-4.02pt;vertical-align:baseline">th</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.026000000000000002em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">floor,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">in</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">City</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">S&#227;o</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Paulo, State</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of S&#227;o Paulo, through the Company&#8217;s</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.004em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">videoconference system,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">a meeting of its</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.004em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Board of Directors (&#8220;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%;text-decoration:underline">Board</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">&#8221;) was held.</font></div><div style="margin-top:1.05pt"><font><br></font></div><div style="padding-left:1.05pt;padding-right:1.9pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:129%">2.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:129%;padding-left:26.7pt;text-decoration:underline">Attendance</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">&#58; The following Directors of the Company attended the Meeting, representing</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">their</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">entirety&#58;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">David</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Feffer</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">(Chairman</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.034em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Board</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Directors),</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Daniel</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.034em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Feffer (Vice-Chairman</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Board</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Directors),</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Nildemar</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Secches</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.034em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">(Vice-Chairman</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Board of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Directors),</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Gabriela</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Feffer</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Moll,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Maria</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Priscila</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Rodini</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Vansetti</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Machado,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Paulo</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.03em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">Rogerio Caffarelli, Paulo Sergio Kakinoff, Rodrigo Calvo Galindo e Walter Schalka. The meeting was also attended by Jo&#227;o Alberto de Abreu, Chief Executive Officer, Marcos Moreno Chagas Assump&#231;&#227;o, Executive Vice President of Finance and Investor Relations, and Mr. Jo&#227;o Vitor Zocca Moreira attended as secretary.</font></div><div style="margin-top:2.05pt"><font><br></font></div><div style="padding-left:1.05pt;padding-right:3pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:130%">3.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;padding-left:26.7pt;text-decoration:underline">Call</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">&#58; The meeting has been timely convened under article 13 of the Company&#8217;s Bylaws and clause 6.1 of the Board&#8217;s Internal Regulations.</font></div><div style="margin-top:1.45pt"><font><br></font></div><div style="padding-left:1.05pt;padding-right:2.05pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:130%">4.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;padding-left:26.7pt;text-decoration:underline">Chairman</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.043000000000000003em;line-height:130%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;text-decoration:underline">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.043000000000000003em;line-height:130%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;text-decoration:underline">Secretary</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">&#58;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.039em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">meeting</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">was</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">chaired</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">by</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Mr.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">David</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Feffer</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Mr.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.026000000000000002em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Jo&#227;o Vitor Zocca Moreira acted as secretary.</font></div><div style="margin-top:0.35pt"><font><br></font></div><div style="padding-left:28.35pt;text-align:justify;text-indent:-27.3pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:120%">5.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;padding-left:19.05pt;text-decoration:underline">Agenda</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%">&#58;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Approval</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.056em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.056em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Standing</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Wood</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Swap</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Agreement</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">between</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.047em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Company</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.021em;line-height:120%">and</font></div><div style="margin-top:1.55pt;padding-left:1.05pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Eldorado</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Brasil</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Celulose</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.021em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">S.A.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">(&#8220;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%;text-decoration:underline">Swap</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%;text-decoration:underline"> Agreement</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%">&#8221;).</font></div><div style="margin-top:2.1pt"><font><br></font></div><div style="padding-left:1.05pt;padding-right:2.15pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:130%">6.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;padding-left:26.7pt;text-decoration:underline">Minutes</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.056em;line-height:130%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;text-decoration:underline">in</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.056em;line-height:130%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;text-decoration:underline">Summary</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.052000000000000005em;line-height:130%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:130%;text-decoration:underline">Form</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">&#58;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">The</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.047em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">Directors</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.056em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">approved</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.047em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">drawing</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">up</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">these</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.06em;line-height:130%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:130%">minutes in summary form unanimously and without reservations.</font></div><div style="margin-top:1.45pt"><font><br></font></div><div style="padding-left:19pt;text-indent:-17.95pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11pt;font-weight:700;line-height:120%">7.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;padding-left:9.7pt;text-decoration:underline">Presentation,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.017em;line-height:120%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;text-decoration:underline">discussions</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.017em;line-height:120%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;text-decoration:underline">on</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.021em;line-height:120%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;text-decoration:underline">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.013000000000000001em;line-height:120%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;text-decoration:underline">agenda,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.017em;line-height:120%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%;text-decoration:underline">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.017em;line-height:120%;text-decoration:underline"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.008em;line-height:120%;text-decoration:underline">resolutions</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%">&#58;</font></div><div style="margin-top:1.75pt"><font><br></font></div><div style="padding-left:21.45pt;padding-right:1.9pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:700;line-height:123%">7.1</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%;padding-left:0.18pt">The Directors, with a favourable opinion from the Management and Finance Committee,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">unanimously</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">without</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">reservations,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.026000000000000002em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">approved</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">execution</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.021em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the Swap Agreement between the Company and Eldorado, consisting of the swap of 18,000,000 cubic meters of forest assets, which will be made available by the Company as of the closing</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">date</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.021em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">Swap</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">Agreement</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">Company</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.03em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">will</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.03em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">deliver</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.026000000000000002em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">an</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.043000000000000003em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">equivalent</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.03em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">volume of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.034em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">its</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">assets</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">following</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">harvest</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.03em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.034em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.034em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">assets</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">received</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">from</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">Eldorado,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">according</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">to</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.039em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the contracted schedules. As a result of the Swap Agreement, the Company will be responsible</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">for</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.008em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the restoration and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">regrowth</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">forests</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.008em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">received and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">harvested,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">and will pay a premium amount equivalent to R$ 1,317,073,170.73 (one billion, three hundred and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">seventeen</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">million,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">seventy-three</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">thousand, one hundred</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">seventy reais and seventy-three centavos). The Company's Vice Presidency was also authorized to execute the applicable</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.008em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">instruments</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">and to</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.008em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">take all necessary or</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">convenient measures</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.004em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">to</font></div><div style="height:51.12pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:2.820%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:1.3pt;padding-left:3.35pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-weight:400;letter-spacing:-0.058em;line-height:120%">1</font></div></td></tr></table></div></div></div><div id="i67854dcc022641ff8d7efe1f248d0fd9_4"></div><hr style="page-break-after:always"><div style="min-height:30.96pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 99.1</font></div></div><div style="margin-top:4.05pt;padding-left:0.1pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">(Continuation</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.035em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.017em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">Minutes</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.029em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">Board</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.023em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">Directors&#8217;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.017em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">Meeting</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.023em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.023em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">Suzano</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.023em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">S.A.,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.023em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">held</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">on</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:0.029em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">August</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;line-height:120%">6,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.023em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-style:italic;font-weight:400;letter-spacing:-0.011em;line-height:120%">2025)</font></div><div><font><br></font></div><div style="margin-top:6.05pt"><font><br></font></div><div style="padding-left:21.45pt;padding-right:1.9pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">carry out the resolution. It is clarified that this transaction replaces the one previously evaluated</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.065em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">by</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.065em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">Board</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">on</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.065em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">April</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.06em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">9,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">2025,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.056em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">when</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.056em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">a</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.065em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">smaller</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.06em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">volume</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.056em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">than</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.065em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.034em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">amount</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;letter-spacing:-0.052000000000000005em;line-height:123%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-style:italic;font-weight:400;line-height:123%">agreed upon on this date was discussed.</font></div><div style="margin-top:0.75pt"><font><br></font></div><div style="margin-top:0.05pt;padding-left:1.05pt;padding-right:1.85pt;text-align:justify"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:12pt;font-weight:700;line-height:129%">8.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:129%;padding-left:25.95pt;text-decoration:underline">Closing&#58;</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">There being no further</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">matters</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">to be discussed, the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">meeting was</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.004em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">closed. The Meeting minutes were drawn up, read, and signed in electronic form by all Directors in attendance,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.021em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">and</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">such</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">signatures</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.013000000000000001em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">shall</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">have</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">retroactive</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">effect</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">to</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.021em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">date</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">of</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">the</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.017em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">meeting.</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:0.17300000000000001em;line-height:129%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:129%">It is recorded that the documents and submissions that supported the matters discussed in this meeting have been filed with the Governance Portal. Signatures&#58; Directors&#58; David Feffer, Daniel Feffer, Nildemar Secches, Gabriela Feffer Moll, Maria Priscila Rodini Vansetti Machado, Paulo Rogerio Caffarelli, Paulo Sergio Kakinoff, Rodrigo Calvo Galindo and Walter Schalka. I hereby certify that this is a copy of the minutes drawn up in the proper </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:129%">book.</font></div><div style="margin-top:0.6pt;padding-left:81.5pt;padding-right:81.5pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">S&#227;o</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.017em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">Paulo,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">SP,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">August</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;line-height:120%">6,</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.017em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%">2025.</font></div><div><font><br></font></div><div style="margin-top:4.45pt"><font><br></font></div><div style="padding-left:83.77pt;padding-right:83.77pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%">Jo&#227;o</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.008em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%">Vitor</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.004em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;line-height:120%">Zocca</font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.017em;line-height:120%"> </font><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:700;letter-spacing:-0.008em;line-height:120%">Moreira</font></div><div style="margin-top:1.55pt;padding-left:83.7pt;padding-right:83.7pt;text-align:center"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:11.5pt;font-weight:400;letter-spacing:-0.008em;line-height:120%">Secretary</font></div><div style="height:51.12pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:2.820%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-top:1.3pt;padding-left:3.35pt"><font style="color:#000000;font-family:'Times New Roman',serif;font-size:8.5pt;font-weight:400;letter-spacing:-0.058em;line-height:120%">2</font></div></td></tr></table></div></div></div></body></html>
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</DOCUMENT>
</SEC-DOCUMENT>
