Suzano S.A. Shareholders Approve Strategic Mergers

Suzano Papel e Celulose SA (SUZ) has released an update.

Suzano S.A. successfully conducted its Annual and Extraordinary General Shareholders’ Meeting digitally on September 30, 2024, with a significant 76.85% shareholder attendance. The shareholders approved a merger involving Suzano and five other companies, ratified the appointment of Apsis Consultoria e Avaliações Ltda. to appraise the net equity of the involved companies, and agreed upon amendments to the Company’s Bylaws to broaden its corporate purpose and redefine executive roles. These strategic moves are expected to streamline operations and expand Suzano’s market potential.

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