1

Esta apresentação pode conter projeções futuras, declarações e estimativas a respeito de circunstâncias ou eventos ainda não
ocorridos, incluindo, porém não limitado às declarações de guidance. Estas projeções futuras e estimativas têm embasamento,
em grande parte, nas atuais expectativas, projeções sobre eventos futuros e tendências financeiras e industriais que afetam os
negócios da Embraer. Essas estimativas estão sujeitas a riscos, incertezas e suposições que incluem, dentre outras: condições
gerais econômicas, políticas e comerciais, tanto no Brasil quanto nos mercados onde a Embraer atua; expectativas e estimativas
da direção relacionadas ao desempenho financeiro futuro; planos e objetivos da direção; planos e programas de financiamento e
efeitos da competição; tendências para o setor e oportunidades de crescimento; inflação e volatilidade do câmbio; os planos de
investimento da Empresa; eficiência operacional e sinergias da Embraer e sua capacidade de desenvolver e entregar produtos
nas datas previamente acordadas; resultados de operações; estratégias de negócio; benefícios de novas tecnologias e
regulamentações governamentais existentes e futuras. Para obter informações adicionais sobre fatores que possam influenciar
os resultados diferentemente daqueles previstos pela Embraer, favor consultar os relatórios arquivados pela Embraer na U.S.
Securities and Exchange Commission (SEC) e na Comissão de Valores Mobiliários (CVM) em particular os fatores discutidos nos
capítulos Forward Looking Statements e Risk Factors no Relatório Anual – Form 20F da Embraer. Palavras como “acredita”,
“pode”, “poderá”, “estima”, “continua”, “antecipa”, “pretende”, “espera” e termos similares têm por objetivo identificar expectativas.
A Embraer não se sente obrigada a publicar atualizações nem a revisar quaisquer estimativas em decorrência de novas
informações, eventos futuros ou quaisquer outros acontecimentos. Em vista dos riscos e incertezas inerentes, tais estimativas,
eventos e previsões sobre o futuro podem não ocorrer. Os resultados reais e a performance da Embraer podem diferir
substancialmente daqueles publicados anteriormente como expectativas da Embraer.

2
 2T21
DESTAQUES DE NEGÓCIO

3

DESTAQUES DE NEGÓCIO
AVIAÇÃO COMERCIAL
Pedido firme da Porter Airlines do Canadá para 30 novos
E195-E2, com direito de compra para mais 50 unidades. As
entregas começam em 2022
Pedidos firmes para 34 jatos E175: 9 para a Horizon Air e 25
para a SkyWest, que serão operados pela Alaska Airlines e
Delta Air Lines
No 1S21 o book-to-bill foi maior que 2:1
4
INVESTOR
RELATIONS
This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
AVIAÇÃO EXECUTIVA
Recorde de vendas no 2T21 com forte disciplina de preços
(portfólio totalmente vendido até o 2S22)
Forte backlog em todo o portfólio com book-to-bill superior a 2:1
Entregas no 2T21 teve crescimento de dois dígitos em relação
CONFIDENTIAL INFORMATION
ao 2T20
 INVESTOR
RELATIONS

DESTAQUES DE NEGÓCIO

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
DEFESA & SEGURANÇA SERVIÇOS & SUPORTE
Entrega de 7 Super Tucano para diferentes clientes durante o Receita líquida de US$ 298 milhões no 2T21 (aumento de 55%
1S21 comparado ao 2T20)

Assinatura de novos contratos de serviços, com valor acima de

Forte desempenho das empresas de cibersegurança e de
US$ 600 milhões, para clientes dos segmentos de Aviação
integração de sistemas, com crescimento de dois dígitos da
Comercial, Executiva, Defesa e OGMA
receita no 1S21 em comparação ao 1S20

Assinatura de contrato de 20 anos com a Porter Airlines para o

KC-390 Millennium realizou com sucesso testes em pista não Programa de Suporte Total
pavimentada. Contrato com a FAB está em revisão

INOVAÇÃO

CONFIDENTIAL INFORMATION
EVE – anúncio de diversas parcerias para desenvolvimento do ecossistema de mobilidade aérea urbana

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 2T21
RESULTADOS FINANCEIROS

6
 INVESTOR
RELATIONS

CARTEIRA DE PEDIDOS FIRMES - BACKLOG

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ BILHÕES

15.9 15.4 15.9

15.1 14.4 14.2

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

CONFIDENTIAL INFORMATION
Backlog voltando ao nível de pré-pandemia
7
 INVESTOR
RELATIONS

ENTREGA DE AERONAVES

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
AVIAÇÃO COMERCIAL AVIAÇÃO EXECUTIVA
YTD: 23 YTD: 33
22 | 11

23
+250 % +54%
(YoY)
28
(YoY)

12
14 19 20
9 5 9 10
5 4 7 8
4 4 2 3

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

LIGHT JETS LARGE JETS

8
 INVESTOR
RELATIONS

RECEITA LÍQUIDA

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILHÕES
RECEITA LÍQUIDA
1,938
YTD:
+65%
(YoY)

RECEITA LÍQUIDA
POR NEGÓCIO (YTD)
1,841 DEFESA &
SEGURANÇA
AVIAÇÃO 16%
1,131 EXECUTIVA
22% SERVIÇOS &
759 807 SUPORTE
634 537 28%
AVIAÇÃO
COMERCIAL
34%

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

9
 INVESTOR
RELATIONS

DESPESAS ADMINISTRATIVAS & COMERCIAIS

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILHÕES
DESPESAS A&C
169
116

33
101
94
YTD:
-12%
(2T21 X 2T20)
88 89
34 80
35
42 34 41

83
67 59 ADMINISTRATIVAS
46 46 48 COMERCIAIS

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

10
 INVESTOR
RELATIONS

EBIT AJUSTADO EBITDA AJUSTADO

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILHÕES US$ MILLION
YTD: 75 | 3.9% YTD: 179 | 9.2%

1.4% 4.2% 9.3% 10.2% 14.2%

-3.7% 7.9%
-6.0% 2.2%
-1.1%
105
9 -26.2% 77 146 161
(30) 65 18
(45) -22.4%
(8)
(141)
(120)

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21
-7.4% -63.7% -5.0% 5.6% -4.1% 12.7% 1.5% -41.2% -0.1% 9.4% 1.8% 17.7%

CONFIDENTIAL INFORMATION
(47) (342) (38) 104 (33) 144 9 (221) (1) 173 15 200

ADJ. EBIT ADJ. EBIT MARGIN REPORTED EBIT ADJ. EBITDA ADJ. EBITDA MARGIN REPORTED EBITDA

11
 INVESTOR
RELATIONS

RESULTADO LÍQUIDO AJUSTADO

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
exclui itens extraordinários
US$ MILHÕES
YTD: (52) | -2.7%
44
(13)
(104) (96) 3.9%
(148) -0.7%
(199)
-11.9% RESULTADO LÍQUIDO AJUSTADO
-16.4% MARGEM LÍQUIDA AJUSTADA
-19.5% RESULTADO LÍQUIDO REPORTADO
RESULTADO POR ADS AJUSTADO

-37.0%
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

CONFIDENTIAL INFORMATION
-46.1% -58.7% -16.0% -0.2% -11.1% 7.8%
(292) (315) (121) (3) (90) 88
(0.57) (1.08) (0.81) (0.07) (0.52) 0.24

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 INVESTOR
RELATIONS

INVESTMENTOS FLUXO DE CAIXA LIVRE

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILHÕES US$ MILHÕES
YTD: 89 YTD: (181)

69

17
50 50 725
45 5
16 39 9 39
6 45
9
52 (227)
45 (472)
34 36 (567)
30 33 (677)

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

CAPEX P&D

13
 INVESTOR
RELATIONS

POSIÇÃO DE LIQUIDEZ

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ BILHÕES

4.0 3.8 4.5 4.4 4.2 4.0

CAIXA TOTAL

2.50 2.75 2.46 2.49

MATURIDADE ENDIVIDAMENTO
CAIXA LÍQUIDO /(DÍVIDA)
2.00 2.18

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21
(1.33) (1.80) (2.37) (1.70) (1.90) (1.84)

14
 2021
ESTIMATIVAS

15
 ESTIMATIVAS 2021

ENTREGAS RECEITA

US$ 4,0 - 4,5 BILHÕES

AVIAÇÃO COMERCIAL FLUXO DE CAIXA LIVRE
MARGEM EBIT AJ.
45 - 50 (150) MILHÕES A
3% - 4% US$

ZERO
MARGEM EBITDA AJ.
AVIAÇÃO EXECUTIVA

90 - 95 8,5% - 9,5%
Exclui eventuais projetos “M&A”

16
 CONSIDERAÇÕES FINAIS
FRANCISCO GOMES NETO - PRESIDENTE

17
 INVESTOR
RELATIONS

EMBRAER APÓS 2020 - FIT FOR GROWTH

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
2020 2021 2022-2026
RESPOSTA À CRISE RECUPERAÇÃO CRESCIMENTO
SUSTENTAR LIQUIDEZ E REESTRUTURAÇÃO EXECUÇÃO DO PLANO & RETOMADA DA CAPTURAR TODO POTENCIAL DA EMBRAER
COMPANHIA

FOCO CONTÍNUO EM:

EXECUÇÃO ROBUSTA E PLANO ESTRATÉGICO COM PROJEÇÕES CONSISTENTES

PROGRAMAS CONTÍNUOS DE EFICIÊNCIA, COM CONCEITO LEAN

PARCERIAS E NOVOS PROGRAMAS PARA OPORTUNIDADES ADICIONAIS DE CRESCIMENTO

CONFIDENTIAL INFORMATION
EBIT POSITIVO E MELHORIA NO FLUXO DE CAIXA LIVRE EM 2021

CONSOLIDAÇÃO DO PROGRAMA DE ESG

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19
 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,”
DISCLAIMER “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.

20
 2Q21
BUSINESS HIGHLIGHTS

21
 INVESTOR
RELATIONS

BUSINESS HIGHLIGHTS

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
COMMERCIAL AVIATION EXECUTIVE AVIATION
Firm order for Porter Airlines from Canada for 30 new E195-E2 Record 2Q sales with strong price discipline (portfolio sold out
with purchase rights for additional 50. Deliveries starting in 2022 into 2H/2022)

New firm orders for 34 new E175 jets - 9 to Horizon Air and 25 to Strong backlog across entire portfolio with book-to-bill in excess
SkyWest, to be operated for Alaska Airlines and Delta Air Lines of 2:1

1H21 book-to-bill above 2:1 2Q21 deliveries at double digit growth compared to 2Q20

CONFIDENTIAL INFORMATION
22
 INVESTOR
RELATIONS

BUSINESS HIGHLIGHTS

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
DEFENSE & SECURITY SERVICES & SUPPORT
Delivery of 7 Super Tucano to different customers during 1H21 Net revenue of US$ 298 million in 2Q21 (up 55% compared to
2Q20)

Strong performance in cybersecurity and systems integration

Signature of new services contracts worth more than US$ 600
companies with double digit revenue growth in 1H21 compared
million for Commercial, Defense, Executive Aviation segments
to 1H20
and OGMA

KC-390 Millennium successfully performed tests on unpaved Signature of a 20-year Total Support Program deal with Porter
runway. Contract with the Brazilian Air Force is under review Airlines

INNOVATION

CONFIDENTIAL INFORMATION
EVE – announcement of several partnerships to further develop UAM ecosystem

23
 2Q21
FINANCIAL RESULTS

24
25
US$ BILLION
BACKLOG

15.9

1Q20
15.4

2Q20
15.1

3Q20
14.4

4Q20
14.2

1Q21

Backlog reaching pre-pandemic levels

15.9

2Q21
RELATIONS
INVESTOR

CONFIDENTIAL INFORMATION This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
 INVESTOR
RELATIONS

AIRCRAFT DELIVERIES

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
COMMERCIAL AVIATION EXECUTIVE AVIATION
YTD: 23 YTD: 33
22 | 11

23
+250 % +54%
(YoY)
28
(YoY)

12
14 19 20
9 5 9 10
5 4 7 8
4 4 2 3

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

LIGHT JETS LARGE JETS

26
 INVESTOR
RELATIONS

NET REVENUES

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILLION
Net Revenues
1,938
YTD:
+65%
(YoY)

NET REVENUES BY
BUSINESS (YTD)
1,841 DEFENSE
& SECURITY
EXECUTIVE 16%
1,131 AVIATION
22% SERVICES &
759 807 SUPPORT
634 537 28%
COMMERCIAL
AVIATION
34%

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

27
 INVESTOR
RELATIONS

SG&A EXPENSES

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILLION
SG&A Expenses
169
116

33
101
94
YTD:
-12%
(2Q21X2Q20)
88 89
34 80
35
42 34 41

83
67 59 G&A
46 46 48 SELLING

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

28
 INVESTOR
RELATIONS

ADJUSTED EBIT ADJUSTED EBITDA

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILLION US$ MILLION
YTD: 75 | 3.9% YTD: 179 | 9.2%

1.4% 4.2% 9.3% 10.2% 14.2%

-3.7% 7.9%
-6.0% 2.2%
-1.1%
105
9 -26.2% 77 146 161
(30) 65 18
(45) -22.4%
(8)
(141)
(120)

1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21
-7.4% -63.7% -5.0% 5.6% -4.1% 12.7% 1.5% -41.2% -0.1% 9.4% 1.8% 17.7%

CONFIDENTIAL INFORMATION
(47) (342) (38) 104 (33) 144 9 (221) (1) 173 15 200

ADJ. EBIT ADJ. EBIT MARGIN REPORTED EBIT ADJ. EBITDA ADJ. EBITDA MARGIN REPORTED EBITDA

29
 INVESTOR
RELATIONS

ADJUSTED NET INCOME

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
excludes extraordinary items
US$ MILLION
YTD: (52) | -2.7%
44
(13)
(104) (96) 3.9%
(148) -0.7%
(199)
-11.9% ADJ. NET INCOME
-16.4% ADJ. NET MARGIN
-19.5% REPORTED NET INCOME
ADJ. EPADS

-37.0%
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

CONFIDENTIAL INFORMATION
-46.1% -58.7% -16.0% -0.2% -11.1% 7.8%
(292) (315) (121) (3) (90) 88
(0.57) (1.08) (0.81) (0.07) (0.52) 0.24

30
 INVESTOR
RELATIONS

INVESTMENTS ADJUSTED FCF

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ MILLION US$ MILLION
YTD: 89 YTD: (181)

69

17
50 50 725
45 5
16 39 9 39
6 45
9
52 (227)
45 (472)
34 36 (567)
30 33 (677)

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21

CAPEX R&D

31
 INVESTOR
RELATIONS

LIQUIDITY POSITION

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
US$ BILLION

4.0 3.8 4.5 4.4 4.2 4.0

TOTAL CASH

2.50 2.75 2.46 2.49

LOANS AVERAGE MATURITY
NET CASH/(DEBT)
2.00 2.18

CONFIDENTIAL INFORMATION
1Q20 2Q20 3Q20 4Q20 1Q21 2Q21
(1.33) (1.80) (2.37) (1.70) (1.90) (1.84)

32
 2021
OUTLOOK

33
 2021 OUTLOOK

DELIVERIES REVENUES

US$ 4.0 - 4.5 BILLION

COMMERCIAL AVIATION FREE CASH FLOW
ADJ. EBIT MARGIN
45 - 50 (150) MILLION TO
3.0% - 4.0% US$

BREAKEVEN
ADJ. EBITDA MARGIN
EXECUTIVE AVIATION

90 - 95 8.5% - 9.5%
excludes eventual M&A projects

34
 CLOSING REMARKS
FRANCISCO GOMES NETO - CEO

35
 INVESTOR
RELATIONS

EMBRAER BEYOND 2020 - FIT FOR GROWTH

This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
2020 2021 2022-2026
CRISIS RESPONSE RECOVERY GROWTH
SUSTAIN LIQUIDITY & RESTRUCTURING PLAN EXECUTION & COMPANY CAPTURE EMBRAER’S FULL POTENTIAL
TURNAROUND

CONTINUED FOCUS ON

ROBUST EXECUTION AND CONSISTENT STRATEGIC PLAN PROJECTIONS

CONTINUOUS EFFICIENCY PROGRAMS WITH LEAN CONCEPTS

PARTNERSHIPS AND NEW PROGRAMS DRIVING ADDITIONAL GROWTH OPPORTUNITIES

CONFIDENTIAL INFORMATION
POSITIVE EBIT AND MUCH IMPROVED FCF IN 2021

ESG PROGRAM CONSOLIDATION

36
37