Exhibit 99.4
SUZANO S.A.
Publicly Held Company with Authorized Capital
CNPJ/MF No 16.404.287/0001-55
NIRE No. 29.300.016.331
Management Proposal– EGSM held on October 31, 2023
Minutes of the Meeting of the Board of Directors
SUZANO S.A.
Publicly Held Company with Authorized Capital
CNPJ/MF No 16.404.287/0001-55
NIRE No. 29.300.016.331
Management Proposal– EGSM held on October 31, 2023
Minutes of the Fiscal Council Meeting
SUZANO S.A.
Publicly Held Company with Authorized Capital
CNPJ/MF No 16.404.287/0001-55
NIRE No. 29.300.016.331
Management Proposal– EGSM held on October 31, 2023
Information about the Appraiser
(Exhibit L of Resolution CVM No. 81/22)
| 1. | List the appraiser recommended by management |
Apsis Consultoria e Avaliações Ltda, a company enrolled with CNPJ/MF under No. 08.681.365/0001-30, with head offices in the City of Rio de Janeiro, State of Rio de Janeiro, at Rua do Passeio, No. 62, 6th floor, Centro, CEP 20021-290 (the “Appraiser”)
| 2. | Describe the qualification of recommended appraiser |
The Appraiser was selected for the work described here considering its wide and notable experience in preparing reports and appraisals of this nature.
| 3. | Provide a copy of the recommended appraiser’s work and compensation proposal |
See attached proposal (Exhibit F).
| 4. | Describe any relevant relationship existing in the last 3 (three) years between the recommended appraiser and parties related to the company, as defined by the accounting rules that address this matter. |
Not applicable, since there was no relevant relationship between the Appraiser and parties related to the Company.