GALHARDO AIRES

PrivateCIK: 2121200

GALHARDO AIRES enters SUZANO S.A. with 158.24K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

GALHARDO AIRES

Filed: 3/17/2026ACC: 0001628280-26-018983

InsiderGALHARDO AIRESCIK 2121200

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IssuerSUZANO S.A.CIK 909327

Officer· VP of Pulp Operations

Since Dec 2019

158.24K

Baseline shares

100% direct

158.24K

Direct ownership

1 position

162.58K

Derivative underlying

9 instruments

1

Security positions

All direct

Non-Derivative Holdings1

Performance Restricted Shares

Direct

Shares owned158.24K

Total

158.24K direct158.24K

Security Title	Shares Owned	Ownership Type
Performance Restricted Shares	158.24K	Direct
Total	158.24K	158.24K direct

Derivative Holdings9

Performance Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

42.22K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Performance Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

24.92K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

6.16K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

19.53K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

9.31K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

6.18K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

20.92K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

6.18K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Performance Phantom Shares

Direct

Underlying security

Common shares

Underlying shares

27.16K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

162.58K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Phantom Shares Direct	Common shares		—	—	42.22K	N/A
Performance Phantom Shares Direct	Common shares		—	—	24.92K	N/A
Phantom Shares Direct	Common shares		—	—	6.16K	N/A
Phantom Shares Direct	Common shares		—	—	19.53K	N/A
Phantom Shares Direct	Common shares		—	—	9.31K	N/A
Phantom Shares Direct	Common shares		—	—	6.18K	N/A
Phantom Shares Direct	Common shares		—	—	20.92K	N/A
Phantom Shares Direct	Common shares		—	—	6.18K	N/A
Performance Phantom Shares Direct	Common shares		—	—	27.16K	N/A
Total					162.58K	0.00

GALHARDO AIRES — Initial Ownership Disclosure (Form 3) Filed Mar 17, 2026 | Finecho