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WELCOME




                 Feb. 09th 2012
This information is the property of Embraer and cannot be used or reproduced without written consent.
ERNEST EDWARDS
 President, Embraer Executive Jets




EMBRAER EXECUTIVE
AVIATION OVERVIEW

Embraer Day

This information is the property of Embraer and cannot be used or reproduced without written consent.
FORWARD LOOKING STATEMENT
         This presentation includes forward-looking statements or statements about events or
         circumstances which have not occurred. We have based these forward-looking statements
         largely on our current expectations and projections about future events and financial trends
         affecting our business and our future financial performance. These forward-looking statements
         are subject to risks, uncertainties and assumptions, including, among other things: general
         economic, political and business conditions, both in Brazil and in our market.

         The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects”
         and similar words are intended to identify forward-looking statements. We undertake no
         obligations to update publicly or revise any forward-looking statements because of new
         information, future events or other factors. In light of these risks and uncertainties, the forward-
         looking events and circumstances discussed in this presentation might not occur. Our actual
         results could differ substantially from those anticipated in our forward-looking statements.



This information is the property of Embraer and cannot be used or reproduced without written consent.
EMBRAER EXECUTIVE JETS
MARKET STRATEGIES
This information is the property of Embraer and cannot be used or reproduced without written consent.
VISION



                   To become a major player in the Business
        Aviation Market by 2015 through innovative and
       differentiating product and service solutions with
      added value to our customers and shareholders.




This information is the property of Embraer and cannot be used or reproduced without written consent.
Strategic Pillars
          The path towards achieving the vision



                                                                                       Business
                                                                                      Profitability




                                                                                   One of the
                                                                                  major players
                                                                                  in the global
                                                                                    Executive
                                                                                     Aviation
                                                                                     Market

                                    Customer                                                             Strong
                                   Experience                                                           Portfolio




This information is the property of Embraer and cannot be used or reproduced without written consent.
P3E Savings / Earnings*
          Improving business profitability, continuously



         High Level Statistics

                                Topic                                          Result*
             Cycle                                                    > 66%
             Productivity                                             > 59%
             Quality                                                  > 86.6%
             Physical Space                                           >11,500 m²
             WIP                                                      > $ 108 MM
             Stocks                                                   > $ 46 MM
             Cash (Income)                                            > $ 43 MM


            * Results account on 189 Kaizen weeks worldwide. Values and gains are estimated based on Kaizens related to the
            Executive Aviation Business or those who brought any benefit to the business. Values are accumulated since 2008.



This information is the property of Embraer and cannot be used or reproduced without written consent.
Sales Strategies
               Excellence in Customer Experience



                                                                                                                     5 main sales regions with distributed
                                                                                                                         sales force, closer to the Clients
  North                                                EMEA
America


                                                                                                                      Executive Jet Division headquarters
                                                                                                                         relocating to Melbourne, Florida
                                                                                                             China
                                                                              China
                                                                                           Asia                      10 Authorized Sales Representatives
            Latin                                                                        Pacific                      for countries with specific cultural or
          America
                                                                                                                                    market characteristics


                                                                                                                          Pre-Owned Aircraft Department
                                                                                                                                          strengthening




     This information is the property of Embraer and cannot be used or reproduced without written consent.
MELBOURNE
          Global Customer Center & Phenom 100 Assembly


                                                                                                               Global Customer Center




           Phenom 100 Assembly
   New base for Embraer Executive Jets,                                                                   Customer Design Center for all models
    located at Melbourne International
                                                                                                           Sales & Marketing headquarters
    Airport, in Florida
                                                                                                           Employment of at least 200 workers
   Final assembly, paint booth and delivery
    of Phenom 100 executive jets                                                                           Investment of US$ 50 million

This information is the property of Embraer and cannot be used or reproduced without written consent.
MELBOURNE
          Global Customer Center Opening




                                 Melbourne, FL, USA
                                                            5 Dec 2011




This information is the property of Embraer and cannot be used or reproduced without written consent.
Customer Support Integrated Solution
          Excellence in Customer Experience



Vision
 To become a leading Support & Services provider in the Business Aviation Market
 through a solid network, genuine customer relationship and best practices


            Over US$ 200 million
             Investment

                  Service Centers Network – global coverage

                  Logistics and Parts Support – global coverage

                  Field and Product Support

                  Customer Care Program – EEC

                  Training Programs – total solution
This information is the property of Embraer and cannot be used or reproduced without written consent.
Customer Support and Services
          Leverage revenues from CSS



                  % of Total Revenues*

                                                             12% to 16%
                                                                                                        • Increase service
                                                                                                          portfolio offer in the
                                                                                                          owned service centers
                                                                                                        • Expand market share
                                                                                                          of special programs
                   6%
                                                                                                        • Increase infrastructure
                                                                                                          and presence
                                                                                                          worldwide

                2011                                                  2020

*2011 and 2020 values are estimated.

This information is the property of Embraer and cannot be used or reproduced without written consent.
PROGRAM UPDATES

This information is the property of Embraer and cannot be used or reproduced without written consent.
EMBRAER PRODUCT PORTFOLIO
          Constant evolution



     Ultra-Large                            EIS 2009

Ultra-Long Range

          Large                             EIS 2010

 Super Mid-Size                             EIS 2002

        Mid-Size
                                                                                                                   IN DEVELOPMENT
       Mid-Light

           Light                                                                                        EIS 2009

           Entry                                                                                        EIS 2008


This information is the property of Embraer and cannot be used or reproduced without written consent.
THE WORLD DISCOVERS
         EMBRAER EXECUTIVE JETS

Phenom 100
>230 a/c

                                                                                                                                Legacy 600/650
                                                                                                                                        ~190 a/c




                             Phenom 300                                                                   Lineage 1000 / 170 Shuttle
  Source: Embraer
                             ~70 a/c                                                                                          >10 a/c
  This information is the property of Embraer and cannot be used or reproduced without written consent.
EMBRAER EXECUTIVE JETS
            Fleet distribution: present in every continent


                                                                                      EMEA
North America                                                                         >170 a/c
>190 a/c

                                                                                                    Europe
                                                                                                    >130 a/c

                                                                                                          Middle East   Asia Pacific
                                                                                                          ~30 a/c       ~40 a/c


                                                                                         Africa
                                                                                         12 a/c




                                         Latin America                                     Brazil
                                         ~110 a/c                                          100 a/c

  Source: Embraer

  This information is the property of Embraer and cannot be used or reproduced without written consent.
Robb Report
                                                          Best of the Best
                                                          2008, 2010, 2011




This information is the property of Embraer and cannot be used or reproduced without written consent.
MELBOURNE
          Phenom 100 Assembly

                                                                                                        1st Flight on Dec 8th
                                                                                                        1st Delivery on Dec 20th




This information is the property of Embraer and cannot be used or reproduced without written consent.
This information is the property of Embraer and cannot be used or reproduced without written consent.
PHENOM 300 MEDEVAC CONFIGURATION

                                                                                                           The new configuration allows to fit one
                                                                                                            stretcher and 4 full motion seats in the
                                                                                                            cabin

                                                                                                           The new version of the Phenom 300
                                                                                                            will be equipped with the traditional
                                                                                                            Patient Loading Utility System (PLUS),
                                                                                                            manufactured by LifePort.
 Available to customers by February 2012

                                                                                                           The modification will be implemented
                                                                                                            through Embraer’s Service Center.



This information is the property of Embraer and cannot be used or reproduced without written consent.
All Preliminary Data




This information is the property of Embraer and cannot be used or reproduced without written consent.
INTERIOR DESIGN
          Flat floor stand up cabin




                                                                                                        Illustrative purposes only


This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 500/450 TECHNOLOGY
          First Mid-Size & Mid-Light jets with full Fly-by-Wire technology



                                                                                                        FBW surfaces application:
                                                                                                           Rudder        Elevator

                                                                                                           Spoilers      Aileron

                                                                                                           Flaps         Horizontal Stab




                                 Legacy 500 and Legacy 450 Fly-
                                 by-Wire development team was
                                 acclaimed as the “Innovator of
                                 the Year” by Flight International
                                 magazine readers

This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 450/500 PROGRAM SUMMARY
          Detailed Design and Certification Phase on going

                                                                         800+ Embraer engineers engaged

                                                                         Three prototypes in process

                                                                                            Fuselage Mating Completed for the first two prototypes

                                                                         HTF7500E engine flight test on going

                                                                         Fly-by-wire Iron Bird performed more than 1,000 test hours

                                                                         Interior design, monuments, seats and systems being validated

                                                                         Assembly quality and cycles improved through state-of-the-art
                                                                          processes and tools

                                                                         Roll-out occurred in December 23rd, 2011

                                                                         Ground testing of first aircraft started January 2012


This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 500 PROGRAM EVOLUTION
            First prototype roll out



Dec 23rd , 2011




  This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 500 PROGRAM EVOLUTION
          First prototype roll out




This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 500 PROGRAM EVOLUTION
          First prototype engine run – January 17, 2012




This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 500 PROGRAM EVOLUTION
          Second prototype assembly




                                             Fuselage                                                      Wing




                                       Horizontal tail                                                  Vertical tail
This information is the property of Embraer and cannot be used or reproduced without written consent.
LEGACY 500 PROGRAM EVOLUTION
          Third prototype assembly




                         Forward fuselage                                                               Aft fuselage




                                                                                                Wing
This information is the property of Embraer and cannot be used or reproduced without written consent.
This information is the property of Embraer and cannot be used or reproduced without written consent.
CUSTOMERS EMBRACE THE LEGACY 650
          13 Legacy 650s firm orders from Minsheng Leasing Co.




                 “The order for 13 Legacy 650s enhances our strategic cooperation with Embraer (…) We hold
      full confidence in the prospects for Embraer’s Legacy 650 in the Chinese executive aviation market,
      which will surely attain increasing recognition from our customers here in China”
                                              Kong Linshan, Chairman of Minsheng Financial Leasing Co., Ltd
                                                                                                        Embraer Press Release, October 2011


This information is the property of Embraer and cannot be used or reproduced without written consent.
CUSTOMERS EMBRACE THE LEGACY 650
          Globally renowned movie star joins Legacy 650 family




 “Embraer’s Legacy 650 is a perfect aircraft, because of its combination of a large comfortable
       cabin, long range, advanced avionics, operating efficiency and outstanding reliability.”
Embraer Press Release, October 2011                                                                     Jackie Chan
This information is the property of Embraer and cannot be used or reproduced without written consent.
This information is the property of Embraer and cannot be used or reproduced without written consent.
Lineage 1000
          The LOUNGE




This information is the property of Embraer and cannot be used or reproduced without written consent.
2012-2021 MARKET FORECAST

This information is the property of Embraer and cannot be used or reproduced without written consent.
Market recovery on track
          2012 is a pivot year to recover market growth




 • Corporate profits at record levels
 • Pre-owned slowly on track: better pricing and lower
   inventories
 • Traffic evolving in US and Europe
 • Latin America: continued growth but at a slower pace
 • China market maturing

 • Risk: European markets


This information is the property of Embraer and cannot be used or reproduced without written consent.
2012-2021 MARKET FORECAST
                             8,660 ~ 11,275 jets  US$ 205 ~ 260 billion over the next 10 years

                       New Jets Deliveries Values
                                                                                                                                  2012-2021 Forecast


                                                                                                                           Sustained Growth
E.C. 2011 US$ Bi




                                                                                                                           US$ 260 billion
                                           Last 10 years                                                                   11,275 units
                                           US$ 164 Bi
                                           8,000 units


                                                                                                                                              Downturn
                                                                                                                                              8,660 units
                                                                                                                                              US$ 205 billion




                   Source: Embraer

                   This information is the property of Embraer and cannot be used or reproduced without written consent.
2012-2021 MARKET FORECAST BY REGION
             US$ 205 Bi / 8,660 units

                                                                                        EMEA
North America                                                                           2,356 a/c (27%)
4,247 a/c (49%)                                                                         US$ 62.3Bi (30%)
US$ 90.5 Bi (44%)

                                                                                                              China
                                                                                                              522 a/c (6%)
                                                                                                              US$ 17.4 Bi (8%)   Asia Pacific
                                                                                                                                 1,363 a/c (16%)
                                                                                                                                 US$ 39.8 Bi (19%)




                                          Latin America                                     Brazil
                                          693 a/c (8%)                                      417 a/c (5%)
                                          US$ 12.5 Bi (6%)                                  US$ 6.1 Bi (3%)
  Source: Embraer Analysis – world total may differ due to rounding

   This information is the property of Embraer and cannot be used or reproduced without written consent.
THANK YOU




This information is the property of Embraer and cannot be used or reproduced without written consent.

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Executive Jets Embraer Day 2012

  • 1. WELCOME Feb. 09th 2012 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 2. ERNEST EDWARDS President, Embraer Executive Jets EMBRAER EXECUTIVE AVIATION OVERVIEW Embraer Day This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 3. FORWARD LOOKING STATEMENT This presentation includes forward-looking statements or statements about events or circumstances which have not occurred. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting our business and our future financial performance. These forward-looking statements are subject to risks, uncertainties and assumptions, including, among other things: general economic, political and business conditions, both in Brazil and in our market. The words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects” and similar words are intended to identify forward-looking statements. We undertake no obligations to update publicly or revise any forward-looking statements because of new information, future events or other factors. In light of these risks and uncertainties, the forward- looking events and circumstances discussed in this presentation might not occur. Our actual results could differ substantially from those anticipated in our forward-looking statements. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 4. EMBRAER EXECUTIVE JETS MARKET STRATEGIES This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 5. VISION To become a major player in the Business Aviation Market by 2015 through innovative and differentiating product and service solutions with added value to our customers and shareholders. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 6. Strategic Pillars The path towards achieving the vision Business Profitability One of the major players in the global Executive Aviation Market Customer Strong Experience Portfolio This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 7. P3E Savings / Earnings* Improving business profitability, continuously High Level Statistics Topic Result* Cycle > 66% Productivity > 59% Quality > 86.6% Physical Space >11,500 m² WIP > $ 108 MM Stocks > $ 46 MM Cash (Income) > $ 43 MM * Results account on 189 Kaizen weeks worldwide. Values and gains are estimated based on Kaizens related to the Executive Aviation Business or those who brought any benefit to the business. Values are accumulated since 2008. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 8. Sales Strategies Excellence in Customer Experience 5 main sales regions with distributed sales force, closer to the Clients North EMEA America Executive Jet Division headquarters relocating to Melbourne, Florida China China Asia 10 Authorized Sales Representatives Latin Pacific for countries with specific cultural or America market characteristics Pre-Owned Aircraft Department strengthening This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 9. MELBOURNE Global Customer Center & Phenom 100 Assembly Global Customer Center Phenom 100 Assembly  New base for Embraer Executive Jets,  Customer Design Center for all models located at Melbourne International  Sales & Marketing headquarters Airport, in Florida  Employment of at least 200 workers  Final assembly, paint booth and delivery of Phenom 100 executive jets  Investment of US$ 50 million This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 10. MELBOURNE Global Customer Center Opening Melbourne, FL, USA 5 Dec 2011 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 11. Customer Support Integrated Solution Excellence in Customer Experience Vision To become a leading Support & Services provider in the Business Aviation Market through a solid network, genuine customer relationship and best practices Over US$ 200 million Investment  Service Centers Network – global coverage  Logistics and Parts Support – global coverage  Field and Product Support  Customer Care Program – EEC  Training Programs – total solution This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 12. Customer Support and Services Leverage revenues from CSS % of Total Revenues* 12% to 16% • Increase service portfolio offer in the owned service centers • Expand market share of special programs 6% • Increase infrastructure and presence worldwide 2011 2020 *2011 and 2020 values are estimated. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 13. PROGRAM UPDATES This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 14. EMBRAER PRODUCT PORTFOLIO Constant evolution Ultra-Large EIS 2009 Ultra-Long Range Large EIS 2010 Super Mid-Size EIS 2002 Mid-Size IN DEVELOPMENT Mid-Light Light EIS 2009 Entry EIS 2008 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 15. THE WORLD DISCOVERS EMBRAER EXECUTIVE JETS Phenom 100 >230 a/c Legacy 600/650 ~190 a/c Phenom 300 Lineage 1000 / 170 Shuttle Source: Embraer ~70 a/c >10 a/c This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 16. EMBRAER EXECUTIVE JETS Fleet distribution: present in every continent EMEA North America >170 a/c >190 a/c Europe >130 a/c Middle East Asia Pacific ~30 a/c ~40 a/c Africa 12 a/c Latin America Brazil ~110 a/c 100 a/c Source: Embraer This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 17. Robb Report Best of the Best 2008, 2010, 2011 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 18. MELBOURNE Phenom 100 Assembly 1st Flight on Dec 8th 1st Delivery on Dec 20th This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 19. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 20. PHENOM 300 MEDEVAC CONFIGURATION  The new configuration allows to fit one stretcher and 4 full motion seats in the cabin  The new version of the Phenom 300 will be equipped with the traditional Patient Loading Utility System (PLUS), manufactured by LifePort. Available to customers by February 2012  The modification will be implemented through Embraer’s Service Center. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 21. All Preliminary Data This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 22. INTERIOR DESIGN Flat floor stand up cabin Illustrative purposes only This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 23. LEGACY 500/450 TECHNOLOGY First Mid-Size & Mid-Light jets with full Fly-by-Wire technology FBW surfaces application:  Rudder  Elevator  Spoilers  Aileron  Flaps  Horizontal Stab Legacy 500 and Legacy 450 Fly- by-Wire development team was acclaimed as the “Innovator of the Year” by Flight International magazine readers This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 24. LEGACY 450/500 PROGRAM SUMMARY Detailed Design and Certification Phase on going  800+ Embraer engineers engaged  Three prototypes in process  Fuselage Mating Completed for the first two prototypes  HTF7500E engine flight test on going  Fly-by-wire Iron Bird performed more than 1,000 test hours  Interior design, monuments, seats and systems being validated  Assembly quality and cycles improved through state-of-the-art processes and tools  Roll-out occurred in December 23rd, 2011  Ground testing of first aircraft started January 2012 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 25. LEGACY 500 PROGRAM EVOLUTION First prototype roll out Dec 23rd , 2011 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 26. LEGACY 500 PROGRAM EVOLUTION First prototype roll out This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 27. LEGACY 500 PROGRAM EVOLUTION First prototype engine run – January 17, 2012 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 28. LEGACY 500 PROGRAM EVOLUTION Second prototype assembly Fuselage Wing Horizontal tail Vertical tail This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 29. LEGACY 500 PROGRAM EVOLUTION Third prototype assembly Forward fuselage Aft fuselage Wing This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 30. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 31. CUSTOMERS EMBRACE THE LEGACY 650 13 Legacy 650s firm orders from Minsheng Leasing Co. “The order for 13 Legacy 650s enhances our strategic cooperation with Embraer (…) We hold full confidence in the prospects for Embraer’s Legacy 650 in the Chinese executive aviation market, which will surely attain increasing recognition from our customers here in China” Kong Linshan, Chairman of Minsheng Financial Leasing Co., Ltd Embraer Press Release, October 2011 This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 32. CUSTOMERS EMBRACE THE LEGACY 650 Globally renowned movie star joins Legacy 650 family “Embraer’s Legacy 650 is a perfect aircraft, because of its combination of a large comfortable cabin, long range, advanced avionics, operating efficiency and outstanding reliability.” Embraer Press Release, October 2011 Jackie Chan This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 33. This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 34. Lineage 1000 The LOUNGE This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 35. 2012-2021 MARKET FORECAST This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 36. Market recovery on track 2012 is a pivot year to recover market growth • Corporate profits at record levels • Pre-owned slowly on track: better pricing and lower inventories • Traffic evolving in US and Europe • Latin America: continued growth but at a slower pace • China market maturing • Risk: European markets This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 37. 2012-2021 MARKET FORECAST 8,660 ~ 11,275 jets  US$ 205 ~ 260 billion over the next 10 years New Jets Deliveries Values 2012-2021 Forecast Sustained Growth E.C. 2011 US$ Bi US$ 260 billion Last 10 years 11,275 units US$ 164 Bi 8,000 units Downturn 8,660 units US$ 205 billion Source: Embraer This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 38. 2012-2021 MARKET FORECAST BY REGION US$ 205 Bi / 8,660 units EMEA North America 2,356 a/c (27%) 4,247 a/c (49%) US$ 62.3Bi (30%) US$ 90.5 Bi (44%) China 522 a/c (6%) US$ 17.4 Bi (8%) Asia Pacific 1,363 a/c (16%) US$ 39.8 Bi (19%) Latin America Brazil 693 a/c (8%) 417 a/c (5%) US$ 12.5 Bi (6%) US$ 6.1 Bi (3%) Source: Embraer Analysis – world total may differ due to rounding This information is the property of Embraer and cannot be used or reproduced without written consent.
  • 39. THANK YOU This information is the property of Embraer and cannot be used or reproduced without written consent.