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Suzano to acquire Kimberly Clark tissue business in Brazil

Suzano S.A. hereby informs its shareholders and the market in general the execution, on October 24th, 2022, of an Equity Purchase Agreement entered into by and between the Company, as Buyer, Kimberly-Clark Brasil Indústria e Comércio de Produtos de Higiene Ltda. ("KC Brasil"), as Seller, and KimberlyClark Worldwide, Inc. ("KC") as guarantor, for the acquisition, by the Company, subject to certain conditions precedent, of all the quotas held by KC Brasil in a new company that will be the holder of the assets related to the business of manufacturing, marketing, distributing and/or selling of tissue products, including toilet paper, paper towels, napkins, tissues, as well as other paper products in Brazil, including ownership of the brand "NEVE" ("Target Company"). As part of the deal, the other global brands currently used by KC Brasil will be licensed to the Company for a specific term ("Transaction").

The main asset included in the Transaction consists on a tissue production plant, located in the municipality of Mogi das Cruzes, in the State of São Paulo, with an annual production capacity of approximately 130 thousand tons.

The Transaction is aligned with the Company'slong-term strategy to "advance in the links of the value chain", as is widely public knowledge, representing geographic complementarity and synergy gains with its current consumer goods business (tissue).

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