v3.26.1
Related parties
 6 Months Ended
Jun. 30, 2026
Disclosure of transactions between related parties [abstract]  
Disclosure of related party [text block]
15 RELATED PARTIES
The Company's commercial and financial transactions with the controlling shareholder and Companies owned by the controlling shareholder Suzano Holding S.A. ("Suzano Group") were carried out in accordance with the corporate governance practices adopted by the Company, as well as those recommended and/or required by the applicable legislation.
The transactions refers mainly to:
Assets: (i) accounts receivable from the sale of pulp, paper, tissue and other products; (ii) dividends receivable; (iii) reimbursement for expenses; and (iv) social services;
Liabilities: (i) loan agreements;(ii) reimbursement for expenses; (iii) social services; (iv) real estate consulting; and (v) dividends payable.
Amounts in the statements of income: (i) sale of pulp, paper, tissue and other products; (ii) loan charges and exchange variation; (iii) social services and (viii) real estate consulting.
For the six-month period ended June 30, 2026, there were no material changes in the terms of the agreements, deals and transactions entered into, nor were there any new contracts, agreements or transactions of any different nature entered into between the Company and its related parties, as disclosed in the financial statements for the year ended December 31, 2025.
15.1 Balances recognized in assets and liabilities and amounts of transactions during the year
AssetsLiabilitiesSales (purchases), net
06/30/202612/31/202506/30/202612/31/202506/30/202606/30/2025
Transactions with majority shareholders
Suzano Holding S.A.
41 
(1,674)
(412,146)
48 
(543)
Controller
 
 
(893)
(219,817)
 
 
Related persons
 
 
(146)
(36,053)
 
 
Alden Fundo de Investimento em Ações
 
 
(124)
(30,444)
 
 
41 
 
(2,837)
(698,460)
48 
(543)
Transactions with companies of the Suzano Group and other related parties
Management
908 
914 
 
907 
256 
Bexma Participações Ltda.
14 
6 
 
10 
4 
Naman Capital Ltda.
35 
 
28 
4 
Civelec Participações Ltda.
1,930 
2,895 
 
 
Fundação Arymax
16 
5 
 
12 
3 
Ibema Companhia Brasileira de Papel (1)
59,219 
68,209 
(50)
(658)
70,926 
102,103 
Instituto Ecofuturo - Futuro para o Desenvolvimento Sustentável
2 
2 
 
(2,470)
(3,736)
IPLF Holding S.A.
1 
 
1 
3 
Mabex Representações e Participações Ltda.
 
(726)
(16)
(2,216)
(1,007)
Nemonorte Imóveis e Participações Ltda.
1 
(15)
(7)
(221)
(75)
Woodspin Oy
 
(321)
580 
62,126 
72,031 
(791)
(681)
66,656 
98,135 
62,167 
72,031 
(3,628)
(699,141)
66,704 
97,592 
Assets
Trade accounts receivable (Note 11)
59,219 
68,209 
Other assets
2,948 
3,822 
Liabilities
Trade accounts payable (Note 21)
 
(791)
(681)
Dividends payable
(2,837)
(698,460)
62,167 
72,031 
(3,628)
(699,141)

(1)Refers mainly to the sale of pulp.
15.2 Management compensation
Expenses related to the compensation of key management personnel, which include the Board of Directors, Fiscal Council and Board of Statutory Executive Officers, recognized in the statement of income for the period, are set out below:
06/30/202606/30/2025
Short-term benefits
Salary or compensation
15,576 
21,464 
Direct and indirect benefits
745 
524 
Bonus
7,505 
15,751 
23,826 
37,739 
Long-term benefits
Share-based compensation plan
14,791 
35,845 
14,791 
35,845 
Payroll charges
Payroll charges
9,622 
32,688 
9,622 
32,688 
48,239 
106,272 
Short-term benefits include fixed compensation (salaries and fees, vacation pay, mandatory bonus and “13th month’s salary” bonus), payroll charges (Company’s share of contributions to social security – “INSS”) and variable compensation such as profit sharing, bonuses and benefits (health plan, meal voucher, market voucher, life insurance and private pension plan).
Long-term benefits include Phantom Share plans (PS), Performance Shares, and Share Appreciation Rights (SARs) granted to executives and key members of Management, in accordance with the respective plan regulations, as disclosed in Note 26.