SEC FORM 3

SEC FORM 3SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Feffer David

(Last)

(First)

(Middle)

AV BRIGADEIRO FARIA LIMA 1355

(Street)

SAO PAULO

01452-002

(City)

(State)

(Zip)

BRAZIL

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Suzano S.A. [ SUZ ]

3a. Foreign Trading Symbol
[SUZB3]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Performance Restricted Shares	130,394⁽¹⁾	D
Performance Restricted Shares	115,411⁽²⁾	D
Performance Restricted Shares	131,590⁽³⁾	D
Common shares	53,522,870	D
Common shares	367,612,329⁽⁴⁾	I⁽⁴⁾	By Suzano Holding S.A.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)

Explanation of Responses:

1. Common Shares that are represented by Performance Restricted Shares granted on 01/02/2024 and vesting on 01/02/2027. Upon vesting, additional common shares may be delivered subject to the satisfaction of certain performance condition.

2. Common Shares that are represented by Performance Restricted Shares granted on 01/02/2025 and vesting on 01/02/2028. Upon vesting, additional common shares may be delivered subject to the satisfaction of certain performance condition.

3. Common Shares that are represented by Performance Restricted Shares granted on 01/02/2026 and vesting on 01/02/2029. Upon vesting, additional common shares may be delivered subject to the satisfaction of certain performance condition.

4. The amount of 367,612,329 represents the total number of common shares of Suzano S.A. held by Suzano Holding S.A. The reporting person, as a party to the shareholders agreement of Suzano Holding S.A., has shared voting and dispositive power over all such shares.

Remarks:

	/s/ Victor Conde Valladares Camina as attorney-in-fact for David Feffer	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

SEC Form 3 filed by new insider Feffer David