Suzano S A : Minutes of the Meeting of the Board of Directors | 2020 Results

SUZANO S.A.

Publicly Held Company

Taxpayer ID (CNPJ/ME) No. 16.404.287/0001-55 Company Registry (NIRE) No. 29.300.016.331

MINUTES OF THE BOARD OF DIRECTORS MEETING

("Meeting")

1. Date, Time and Place: On February 10, 2021, at 11:00, in an exclusively electronic form, by videoconference, pursuant to item 6.4. of the Internal Regiment of the Board of Directors

("Board") of Suzano S.A. ("Suzano" or "Company").

2. Attendance: The following Directors of the Company attended the Meeting: David Feffer (Chairman of the Board), Claudio Thomaz Lobo Sonder (Vice-Chairman of the Board), Daniel Feffer (Vice-Chairman of the Board), Maria Priscila Rodini Vansetti Machado (Director), Nildemar Secches (Director), Ana Paula Pessoa (Director), Rodrigo Calvo Galindo (Director), Paulo Rogerio Caffarelli (Director), Rodrigo Kede de Freitas Lima and Hélio Lima Magalhães (Directors). The following members of the Company's Audit Board (Conselho Fiscal) also attended the meeting as guests: Rubens Barletta, Eraldo Soares Peçanha and Luiz Augusto Marques Paes; Ana Paula Pessoa (also in the capacity of Coordinator of the Statutory Audit Committee - SAC); Mr. José Vital and Daniel Fumo, representatives of PriceWaterhouseCoopers Auditores Independentes ("PWC"), the Company's independent auditors; all the members of the

Board

of

Officers,

Gabriela Moll and Stefan Tasoko.

3. Chairman and Secretary: Mr. David Feffer presided over the meeting and Mr. Stefan Tasoko acted as secretary.

4. Agenda: Issue a statement concerning the Management Report and the separate and consolidated Financial Statements of the Company and its respective Explanatory Notes, concerning the fiscal year ended on December 31, 2020, accompanied by the independent auditors' report.

5. Summary Form: The Directors unanimously resolved to draft these meeting minutes in summary form. The applicable documents presented with regard to the agenda are hereby filed at the Company's headquarters.

6. Resolutions: The attending Directors, unanimously and without reservations: (i) issued a favorable statement regarding the Management Report and the Company's separate and consolidated Financial Statements and their respective Explanatory Notes, concerning the fiscal year ended on December 31, 2020, having analyzed independent auditors' report and the favorable statement of the Statutory Audit Committee regarding this subject; (ii) authorized the corresponding disclosure of these documents in pursuant to applicable regulation and legislation; and (iii) approved the submission of these documents to the Company's Annual Shareholders' Meeting, to be called in a timely manner.

(continuation of the minutes of the meeting of the Board of Directors of Suzano S.A., held on February 10, 2021, at 11:00)

7. Closure: There being no further business to discuss, the Meeting was closed. The minutes of the Meeting were drafted, read and approved by all the Directors who participated.

São Paulo/SP, February 10, 2021.

__________________________

David Feffer

Meeting President and Chairman of the Board of

Directors

____________________________

Claudio Thomaz Lobo Sonder Vice-Chairman of the Board of Directors

__________________________

Stefan Tasoko

Secretary

_____________________________

Daniel Feffer

Vice-Chairman of the Board of Directors

_____________________________

Nildemar Secches

Director

_____________________________ Maria Priscila Rodini Vansetti Machado

Director

_____________________________

Ana Paula Pessoa

Director

_____________________________

Hélio Lima Magalhães

Director

_____________________________

Rodrigo Calvo Galindo

Director

_____________________________

Rodrigo Kede de Freitas Lima

Director

_____________________________

Paulo Rogerio Caffarelli

Director