2018

Fusion between Suzano Papel e Celulose e Fibra

One of the largest M & E transactions in the world in the Pulp and Paper segment

Advisor to Suzano Holding S.A in the merger between Suzano Papel e Celulose S.A and Fibria Celulose S.A., creating a company with Firm Value of more than R $ 89 bi (1).

Fibria Shareholders will receive R $ 52.50 per share and 0.4611 Suzano shares for each Fibria share. The transaction creates the global leader in the Pulp segment.

Notes: (1) Consider price per share of Suzano on March 16, 2018;

Structure of the transaction

• The controlling shareholders of Suzano Papel e Celulose S.A. entered into an agreement with the controlling shareholders of Fibria, Votorantim S.A. and BNDESPar, to carry out the merger between Suzano Papel e Celulose and Fibria.
• In exchange for each common share of Fibria, Fibriairão shareholders receive: (i) the amount of R $ 52.50 per share, paid on demand at the closing of the transaction; and (ii) 0.4611 common shares issued by Suzano, to be delivered at the closing of the transaction
• The cash portion will be adjusted by the CDI until the closing date

Transaction Highlight

Transaction Highlight

Combined Company Overview

Combined Company Overview