• Suzano set targets to reach net debt of USD 11 billion, leverage below 2.5x, over fiscal years 2027-2028.
• Leverage defined as net debt divided by Adjusted EBITDA for prior 12 months.
• Targets based on assumed average USD/BRL exchange rates of R$ 5.17 for 2026, R$ 5.25 for 2027, R$ 5.28 for 2028.
• Estimated 2Q26 pulp cash production cost, excluding scheduled maintenance downtime effects, at R$ 830-R$ 840 per tonne, up about 3%-5% versus 1Q26; assumes quarterly average USD/BRL of R$ 5, Brent at USD 87 per barrel.
• Full-year 2026 pulp cash production cost expected at about R$ 800 per tonne, based on assumed average USD/BRL of R$ 5.07, Brent at USD 84 per barrel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Suzano SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-033642), on May 11, 2026, and is solely responsible for the information contained therein.