Suzano S.a. · BMFBOVESPA:SUZB3
Suzano — Merger or Acquisition (June 2025)
10 slides from Suzano's merger presentation, Jun 5, 2025
Slide 1: Joint Venture with Kimberly-Clark
Joint Venture with Kimberly-Clark
Slide 2: Disclaimer
Disclaimer This presentation contains what are considered “forward-looking statements,” as defined in Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act, as amended. Some of these forward-looking statements are identified with words such as “believe,” “may,” “
Slide 3: Rationale for Suzano & K-C Partnership
1. Agreement entered into by Suzano International Holding B.V. 2. Subject to adjustments for this type of transaction until its completion. 3 Rationale for Suzano & K-C Partnership JV NewCo B.V.¹ 49%51% Accelerating fiber-to-fiber strategy in the global tissue market Combination of industrial and op
Slide 4: Strategic rationale for Suzano
Strategic rationale for Suzano Competitiveness Iconic brands with price premium and high-quality asset base Scalability Potential to lead fiber-to-fiber movement across regions and create a new reference 8th largest tissue player globally Value creation Expected IRR of 15.5% (US$ nominal terms) High
Slide 5: Joint Venture NewCo: Business overview
Joint Venture NewCo: Business overview 1. Pro forma net revenues and adjusted EBITDA 2024 consider non-recurring effects and JV business scope adjustments. 2. Based on 2024 figures. Main figures ~ 9,000 Employees 1.0 Mt Tissue Total Capacity Footprint 70+ countries with sales Operations 22 mills in
Slide 6: A portfolio of leading brands across attractive categories
Bath Tissue Household Care Hands & Face Washroom Wipers Royalty-free licensing of global brands for 30 years and transfer of regional brands Consumer Brands Professional Brands 6 Global brands C&C C&C Central America & Caribbean A portfolio of leading brands across attractive categories
Slide 7: Adequate return and profitability with higher operational efficiency
Adequate return and profitability with higher operational efficiency 37% 34% 13% 12% 4% Procurement Industrial G&A Logistics Other 1. Running rate considering 100% capture from the 3rd year onwards. 2. Preliminary estimates and subject to adjustments based on future assessment. 3. Material Fact June
Slide 8: Downstream integration reduces Suzano's cash flow volatility and diversifies portfolio
Downstream integration reduces Suzano’s cash flow volatility and diversifies portfolio Brazil Net revenue by region1 FY 2024, % LATAM (ex-Brazil)Europe North America Net revenue by segment1 FY 2024, % Paper and Packaging PulpConsumer Goods EBITDA by segment2 FY 2024, % Notes: (1) Converted by the av
Slide 9: Pathway from Signing to Closing
Pathway from Signing to Closing Signing Approvals from regulatory authorities Corporate reorganization and creation of JV NewCo Closing (payment date) Mid-2026 Organizational structure definition of Board of Directors and C-Level June 4 th, 2025 9
Slide 10: Q&A
Q&A Investor Relations ir.suzano.com.br ri@suzano.com.br