This is a Suzuki OEM flanged exhaust gasket.
Once installed, the flange catches and prevents it from falling out★
There’s no need to apply grease.
It’s not ideal, but you can reuse it several times.
Perhaps it’s because it doesn’t deform much even when compressed?
In any case, it’s convenient.

Suzuki 14181-18C00
As of 2012/01/11: ¥270 per unit
42 mm × 35 mm × 5.1 mm
(Outer diameter tolerance is approximately ±0.1–0.3 mm; there may be variation.)

Of course, make sure to install it with the flange facing toward you.