Investor Relations Phone 55 12 3927 4404 investor

Investor Relations Phone: +55 12 3927 4404 investor. relations@embraer. com. br www. embraer. com 1 2 Q 12 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Corporate and Business Strategy • Organic growth. • Margins enhancement through the P 3 E. • Business and revenues diversification. • Product strategy. • Diversification and expansion of customer base. • Excellence in Customer Experience (ECE). • Market share growth. • Margins improvement. • Product strategy and customer support focus. • Establish Embraer as the defense house of Brazil. • Organic growth and acquisitions. This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations 2

Aircraft Deliveries Commercial Jets 2012 deliveries estimates • 105 - 110 commercial jets • 15 - 20 executive large jets • 75 - 85 executive light jets Executive Jets Light Jets - Phenom Large Jets - Legacy & Lineage This information is property of Embraer and cannot be used or reproduced without written permission. 3 Investor Relations

Revenues US$ Million 2012 Outlook: US$ 5. 8 – 6. 2 billion 4 2007 -2008: USGAAP 2009 -2012: IFRS This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Revenues Breakdown Revenues by Segment Revenues US$ Billion 5. 49 5. 36 Commercial aviation Executive aviation 5. 80 Defense and security Others Revenues by Region Revenues US$ Billion 5. 49 North America Brazil This information is property of Embraer and cannot be used or reproduced without written permission. 5. 36 5. 80 Europe Asia Pacific Latin America Others Investor Relations 5

Firm Order Backlog US$ Billion 6 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

7 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Embraer Commercial Aviation 8 83 AIRLINES IN 51 COUNTRIES This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Product Portfolio capacity: 70 to 80 seats range: 2, 100 nm (3, 900 Km) capacity: 78 to 88 seats range: 2, 000 nm (3, 700 Km) capacity: 98 to 114 seats range: 2, 400 nm (4, 500 Km) capacity: 108 to 122 seats range: 2, 200 nm (4, 100 Km) capacity: 37 seats range: 1, 750 nm (3, 250 Km) capacity: 44 seats range: 1, 650 nm (3, 050 Km) capacity: 50 seats range: 1, 550 nm (2, 900 Km) capacity: 50 seats range: 2, 000 nm (3, 700 Km) 9 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

E-Jets Customer Base Evolution 10 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

E-Jets Family Order Book – 1 Q 12 E-JETS Firm orders Deliveries Firm Backlog EMBRAER 170 189 182 7 EMBRAER 175 189 145 44 EMBRAER 190 552 402 150 EMBRAER 195 133 94 39 Total 1, 063 823 240 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Worldwide Distribution E-Jets Customer Base by Business Model (% of E-Jets Fleet+Backlog) Commercial Jets Market Share Evolution Worldwide 60 -120 Seats Jets Low Cost Carriers Regional Airlines Network Airlines 43% 30% Firm Orders Backlog 7% 5% 3% Considering Accumulated Net Orders Europe & CIS Middle East & Africa Latin America This information is property of Embraer and cannot be used or reproduced without written permission. North America Asia Pacific & China 12 Investor Relations

E-Jets Deployment helping airlines to be more efficient 13 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Embraer Market Forecast (2011 -2030) • • Scope Clauses relaxation allowing 80 -seater aircraft as a natural growth of RJ 50 s in the US Right-sizing of narrow-body operations Regional aviation development in Emerging Markets Acceleration of replacement of old & inefficient jets Russia / CIS Europe North America Projected Deliveries- Jets Market Segment (Seats) 2011 – 2030 2019 Deliveries 30 -60 430 60 61 -90 1, 015 2, 670 91 -120 1, 550 4, 125 30 -120 2, 625 7, 225 435 155 1, 675 580 6% 22% 23% 2, 350 840 China 32% 33% Latin America Africa Middle East 195 80 310 105 3% 4% 315 670 12% 9% Around 7, 225 jet deliveries (30 -120 seats) in the next 20 years (US$ 320 bi) This information is property of Embraer and cannot be used or reproduced without written permission. 975 340 13% Asia Pacific 210 615 8% 9% 14 Investor Relations

Competitive Landscape 110 Seats CRJ 1000 100 Seats 70 -90 Seats 15 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Embraer Executive Jets Embraer Executive Jet Delivered in Brazil MORE THAN 500 AIRCRAFT DELIVERED IN OVER 40 COUNTRIES This information is property of Embraer and cannot be used or reproduced without written permission. 17 Investor Relations

Product Portfolio Aircraft Entry Model Seats / Range Phenom 100 up to 8 occupants/ 1, 178 nm • Cessna - Mustang CJ 1+/M 2 • Honda. Jet Phenom 300 up to 11 occupants/ 1, 971 nm • • Legacy 450 7 to 9 passengers/ 2, 300 nm Certified: 2008 Light Certified: 2009 Under development Mid-light Mid-size Legacy 500 8 to 12 passengers/ 3, 000 nm Super Mid-Size Legacy 600 13 to 14 passengers/ 3, 400 nm Legacy 650 13 to 14 passengers/ 3, 900 nm Certified: 2001 Large Certified: 2010 Competitors Cessna - CJ 2+/CJ 3/CJ 4 Hawker - Premier. IA/400 XP Bombardier - Learjet 40 XR Syber. Jet - SJ 30 • Bombardier - Learjet 45 XR • Cessna - XLS+/Latitude • Hawker 750 • Bombardier - Learjet 60 XR/85 • Cessna - Sovereign • Hawker - H 900 XP • Gulfstream – G 150 • Bombardier - CL 300/CL 850 • Cessna - X/Ten • Dassault - Falcon 2000 S • Gulfstream - G 200/G 280 • Hawker - H 4000 • Bombardier - CL 605/GL 5000 • Dassault - Falcon 2000/900 LX • Gulfstream - G 350/G 450 • Bombardier - GL XRS • Gulfstream – G 500/G 550/G 650 • Dassault – Falcon 7 X Ultra-Long Range Lineage 1000 Ultra-large Certified: 2008 13 to 19 passengers/ 4, 500 nm This information is property of Embraer and cannot be used or reproduced without written permission. • Airbus - ACJ 318/319/320 • Boeing – BBJ/BBJ 2/BBJ 3 • SSJ VIP/ ARJ 21 B / An-148 VIP 18 Investor Relations

Market Share Deliveries share (units) Revenues share (US$ - based on B&CA list prices) $19. 3 Bi $22. 2 Bi $17. 2 Bi $18. 1 Bi 885 1, 040 1, 154 870 763 703 3% 2% 16% 3% 13% 7% 16% 3% 1% 14% 3% 14% 2% 11% 3% 10% 2% 7% 14% 19% 14% 11% 13% 9% 4% 6% 8% 5% 5% 8% 4% 6% 8% 6% 10% 6% 7% 7% 4% 6% 23% 24% 21% 27% 11% 12% 16% 17% 18% 29% 28% 2006 2007 8% 18% 22% 12% 7% 29% 28% 27% 2008 2009 2010 15% 9% 33% 2011 % OEM Share – Total units % OEM Share – Total Revenues US$ $16. 6 Bi 7% 6% 9% 12% 40% 24% 22% 21% 20% 26% 2006 2007 2008 2009 2010 2011 33% 23% Market Deliveries 2011: 703 units Embraer Revenues: US$1. 0 billion Embraer Deliveries: 99 units Embraer 9% 37% 35% Market Revenues 2011: US$18. 1 billion Bombardier Cessna 15% Dassault Gulfstream Hawker-Beech Others This information is property of Embraer and cannot be used or reproduced without written permission. 26% 19 Investor Relations

2012 -21 Market Forecast World Deliveries 8, 660 ~ 11, 275 jets US$ 205 ~ 260 billion over the next 10 years This information is property of Embraer and cannot be used or reproduced without written permission. 20 Investor Relations

Embraer Actual Fleet Distribution and 2012 -21 Market Forecast EMEA EMB: 164 a/c 2, 400 to 3, 400 a/c (30%) US$ 62 to 88 Bi (34%) North America EMB: 219 a/c 4, 200 to 5, 300 a/c (47%) US$ 90 to 110 Bi (42%) China EMB 4 a/c 520 to 640 a/c (6%) US$ 17 to 21 Bi (8%) June, 2012 Latin America EMB: 123 a/c 700 to 900 a/c (8%) US$ 12 to 16 Bi (6%) Brazil EMB: 111 a/c 550 a/c (5%) US$ 8 Bi (3%) This information is property of Embraer and cannot be used or reproduced without written permission. Asia Pacific EMB: 35 a/c 1, 400 to 1, 700 a/c (15%) US$ 40 to 48 Bi (18%) 21 Investor Relations

Pre-owned Inventory: Recovering Business Jets For Sale 13. 3% 2, 470 jets 8. 2% 662 jets 22 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

23 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Embraer Defense and Security OVER 50 ARMED FORCES IN 48 COUNTRIES This information is property of Embraer and cannot be used or reproduced without written permission. 24 Investor Relations

Embraer Defense and Security, partners and affiliated companies 25 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Embraer Defense and Security Results Revenues Evolution (US$ Million) EBIT Evolution (%) Backlog Evolution (US$ Billion) 26 Não contabiliza as receitas provenientes da OGMA nos anos de 2006 a 2010. This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Super Tucano Firm orders: 182 aircraft Addressable Market Forecast 2020 (US$ million) Brazil: 99 Colombia: 25 Long-term Dominican Republic: 8 Medium-term Short-term Chile: 12 Ecuador: 18 Indonesia: 8 Greystone (TACAir): 1 Undisclosed: 11 Deliveries: 156 aircraft Total Market Forecast: 300 aircraft / US$ 3. 5 billion 27 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

EMBRAER KC-390 Total Market Forecast 2025: Brazil (28) Colombia Argentina (12) (6) Chile (6) Portugal Czech Rep. (6) (2) 700 aircraft / US$ 50+ bi • A new tactical military transport and tanker aircraft • First flight in 2014 • Six countries • Letters of intent totalizing 60 aircraft This information is property of Embraer and cannot be used or reproduced without written permission. 28 Investor Relations

Modernization Programs F-5 M A 1 -M A-4 Addressable Market Forecast 2025 (US$ million) Long-term Brazilian Navy A-4 12 aircraft Two prototype at GPX-CS Medium-term Short-term Brazilian Air Force A-1 M 43 aircraft Five received by Embraer for the modernization Total Market Forecast*: 234 aircraft / US$ 1. 6 billion Brazilian Air Force F-5 M 46 a/c + 11 a/c (2 nd batch) 44 already delivered 29 * Considering the market for F-5 and Tucano modernization This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

New Portfolio Command Control Systems Onboard Systems Simulation Systems Electronic Warfare Systems Intelligence Systems Air Traffic Management and Control Systems JV with Elbit/AEL Sistemas where Embraer Defense and HARPIA Security has a major participation UAS, simulators and modernization of avionics systems Air, ground and sea surveillance radars Remote sensing Security of Critical Infrastructure Public Security (sporting events, cities, states) Airport Management Systems SISFRON Sis. GAAZ Engine and Component Maintenance Overhaul and Modernization Aerostructure Manufacturing and Assembling VISIONA 30 Satellite This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Brazilian Army Priorities SISFRON Integrated Borders Monitoring System Estimate: US$ 4 Billion Comprising radars, communication networks, C 4 I, unmanned air vehicles (UAV) and armored vehicles Satellite Estimate: US$ 400 Million Participation in the first Brazilian Geostationary Satellite This information is property of Embraer and cannot be used or reproduced without written permission. 31 Investor Relations

Revenues Breakdown Evolution 2020 2011 Services 10% Modernization 25% KC-390 19% ISR 10% Light Attack 9% New Business • Airport Management Systems • Sis. GAAz (“Blue Amazon” Integrated Management System) Radar, C 4 I, UAV, MRO 27% • Security of Critical Infrastructure • Public Security (sporting events, cities, states) This information is property of Embraer and cannot be used or reproduced without written permission. 32 Investor Relations

2012 Outlook 33 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

2012 Outlook Expected deliveries: 105 to 110 commercial jets, 75 to 85 light jets and 15 to 20 large jets. Net Revenues US$ 5. 8 – 6. 2 billion EBIT margin 8. 0% – 8. 5% EBITDA margin 11. 5% – 12. 5% This information is property of Embraer and cannot be used or reproduced without written permission. Commercial aviation Executive aviation Defense and security Others 34 Investor Relations

2012 Outlook Research US$ 100 million Development US$ 350 million CAPEX US$ 200 million TOTAL US$ 650 million US$ Million CAPEX R&D Investment/Revenue 35 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Net Revenues / SG&A Expenses Net Revenues - US$ Million SG&A Expenses - US$ Million 173 172 186 180 151 US$ Net Revenues Gross Margin US$ G&A Expenses Selling Expenses 2010 5, 364 19. 1% 2010 198 374 2011 5, 803 22. 5% 2011 262 420 This information is property of Embraer and cannot be used or reproduced without written permission. 37 Investor Relations

Income from Operations / EBITDA Income from Operations - US$ Million US$ EBIT Margin EBITDA - US$ Million US$ EBITDA Margin 2010 392 7. 3% 2010 611 11. 4% 2011 318 5. 5% 2011 557 9. 6% This information is property of Embraer and cannot be used or reproduced without written permission. 38 Investor Relations

Net Income / Free Cash Flow Net Income - US$ Million US$ Net Income Free Cash Flow - US$ Million Net Margin US$ 2010 330 6. 2% 2010 287 2011 112 1. 9% 2011 1 This information is property of Embraer and cannot be used or reproduced without written permission. 39 Investor Relations

Indebtedness Profile / Net Cash Indebtedness Maturity Net Cash - US$ Million Long-term Short-term Loans Average Maturity (Years) Total Debt 1 Q 12 US$ 2. 0 Billion Total Cash 1 Q 12 This information is property of Embraer and cannot be used or reproduced without written permission. US$ 2. 3 Billion 40 Investor Relations

Investors’ Return EPADS and Pay Out EPADS Dividend Yield (%) Pay Out 41 2006 -2008: US GAAP * 2009 -2011: IFRS This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Ownership Structure 724, 040, 044 Voting Shares 42 March, 2012 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

43 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Sustainability Initiatives ISO 14001 and OHSAS 18001 Certifications Brazilian Alliance for Bio-fuel 1 st ethanol powered aircraft in the World Social Activities Reforestation Projects Recycling Corporate Values Ipanema 44 Greener Technology This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

Lean Results E-Jets Final Assembly Line Transformation 45 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

P 3 E Results Kaizen - E-Jets Cycle Reduction Cost of Non Quality Reduction 44% reduction on CNQ 46 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

“Boa Idéia” Program Evolution Cost: US$ 18. 9 mi Benefit: US$ 175. 5 mi 47 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

48 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations

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. 49 This information is property of Embraer and cannot be used or reproduced without written permission. Investor Relations