Investor Presentaiton

Employee at the Jacareí Unit Suzano Photo: Fernando Cavalcanti SUSTAINABILITY REPORT 2022 suzano TCFD We formally support the Task Force on Climate-related Financial Disclosures (TCFD) and report potential climate-related financial impacts based on its recommendations. GOVERNANCE The Board of Directors, supported by the Sustainability Committee, is responsible for overseeing the sustainability strategy, including climate change aspects. In 2022, part of the variable compensation of executive directors was linked to sustainability target; our CEO and five directors have climate-related targets. Climate change and its potential effects are considered a priority corporate risk. Accordingly, we have a structured system to evaluate, address, monitor and report this risk. In 2022, the Investment Committee began to consider sustainability criteria, including climate change, in its evaluations of industrial modernization projects. Engagement and awareness - We strengthened our dialogue and partnership with governments, companies, non-governmental organizations, associations and academic institutions through active participation in forums and working groups. Internally, we created multidisciplinary working groups. STRATEGY Our future depends on our ability to innovate and our responsibility to optimize the use of available resources. Based on the opportunities created by this assumption we defined our long-term strategic vision: 1. Continue to be an industry benchmark in efficiency, profitability and sustainability, from the forests to the customers. 2. Be a transforming agent in the expansion of our biomass into new markets. 3. Be a benchmark in sustainable and innovative solutions for the bioeconomy and environmental services, based on cultivated trees. METRICS AND TARGETS We disclosed more than 100 indicators used to assess climate risks and opportunities, including scopes 1, 2 and 3 GHG emissions and removals, calculated in line with the GHG Protocol methodology. Part of these metrics is also incorporated into operational performance indicators, with specific targets to be achieved. RISK MANAGEMENT Since 2019, we have implemented initiatives to improve climate change management, in line with best practices in this area. This effort has involved mapping and formalizing climate risk and opportunity management processes in several areas. We started to perform annual assessments of compliance with the TCFD recommendations, based on criteria set by the Accounting for Sustainability's TCFD Maturity Map. This diagnosis has shown that our level of maturity regarding compliance with the TCFD criteria has increased over time, reaching 79% in 2022. In 2022, we contracted an external consultancy aiming to expand our capacity to analyze and manage physical and transition risks in different climate scenarios, including our forestry, industrial and logistics operations, as well as some critical suppliers, totaling 50 locations. The result of this work will help us improve the financial quantification of mapped risks and climate governance. This study, combined with the increased use of internal carbon pricing to assess projects and manage the transition risk of a future carbon market, led to an increase in our score in the field of Strategy and Management of Risks and Opportunities. Following the continuous development of a strategic approach to managing climate-related risks and opportunities, as well as the results of studies developed in 2022, these practices will be incorporated into our business throughout 2023. More information can be found in our Sustainability Center 19

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