9th US Annual Analyst & Investor Meeting

Executive Aviation Overview

Luís Carlos AffonsoEmbraer Executive Vice-President, Executive Jets

New York – April 1st, 2009

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.

-3

-2

-1

0

1

2

3

4

5

1998

2000

2002

2004

2006

2008

2010

2012

World GDP growth rates - prediction’s evolution

Source: The Economist, Global Insight – Mar 19th 2009

Gro

wth

Rat

e %

Real GDP growth rate, YoY%

Global Insight – Mar09

The Economist – Mar09

World

3.2%3.0%2.6%1.25%-1.9%2.1%The Economist – Feb09

3.1%2.9%2.5%1.0%-2.6%2.0%The Economist – Mar09

4.1%4.3%3.6%1.8%-2.2%2.2%Global Insight – Mar09

The Economist – Jan09

Source

2.2%

2008

-0.9%

2009

1.4%

2010

2.7%

2011

3.1%

2012

3.2%

2013

World Real

GDP growth

For Sale fleet (YTD)

0

500

1000

1500

2000

2500

3000

3500

Q1Q2 Q3Q4 Q1Q2Q3Q4 Q1Q2Q3Q4 Q1Q2Q3Q4 Q1Q2Q3 Q4 Q1Q2 Q3Q4 Q1Q2 Q3Q4 Q1Q2Q3Q4 Q1Q2Q3Q4 Q1Q2Q3Q4 Q1Q2Q3 Q4 Q1

9 8 9 9 0 0 0 1 0 2 0 3 0 4 0 5 0 6 0 7 0 8 0 9

Un

its

0%

5%

10%

15%

20%

25%% for sale (per total fleet in operation)

2008: Net increase of 1,100 a/c

2009TD: Net increase of 234 a/c

A/C older than 10 y rs

A/C from 6 to 10

A/C less than 5 y rs

18.3%

3005 a/c

Mar. 09 TD

% for sale (per total fleet in operation)

Used Market: Inventory

Source: JETNET, March 2009

Total market inventory for sale continued to increase. All-time high inventory (absolute figure): 3,005 aircraft or 18.3% of active fleet

Used Market: Change in asking price

Average change in asking price

Source: JETNET and Embraer analysis . March 2009.

...putting a strong downward pressure on prices

-12%

-10%

-8%

-6%

-4%

-2%

0%

Mar

-08

Apr-0

8

May

-08

Jun-0

8

Jul-0

8

Aug-0

8

Sep-0

8

Oct-0

8

Nov-0

8

Dec-0

8

Jan-

09

Feb-0

9

Mar

-09

Embraer Product Portfolio

Entry

Light

Mid-light

Mid-size

Super Mid-Size

Large

Ultra-Long Range

Ultra-large

illustrative purposes only

Phenom 100®

Phenom 100® - Certified Performance Data Summary

All targets achieved or exceeded

(1) NBAA IFR reserves (35 min) with 100 nm alternate; 4 occupants @

200 lb each(2) MLW, SL, ISA (3) MTOW, SL, ISA

�

�

�

�

�

�

�

�

�

�

3,400 ft

0.700.70MMO

41,000 ft41,000 ftMaximum Ceiling

55 ft345 ft3Main baggage compartment

1,695 lb1,615 lbEngine Thrust

3,400 ftStandard Takeoff Distance (3)

33 EPNdB below Stage IV

Stage IVExternal noise

FAA Certified Phenom 100

Initial estimates

390 kt380 ktHigh Speed Cruise

1,889 lb1,960 lbBlock Fuel for 1,000 nm

3,125 ftN/AEnhanced Takeoff Distance (3)

2,699 ft3,000 ftLanding Distance(2)

1,178 nm1,160 nmRange with IFR(1) reserves

�

Phenom 100®

“Embraer’s Entry-Level

Phenomenon …

it remains the one to beat”Flight Int’l cover, 12-14 Feb, 2009

Phenom 300®

INTERIOR DESIGN

Cutaway View

Phenom 300® - Certification Campaign

4 prototypes flying�Aerodynamics tests (including artificial ice shapes)

�Maximum operational speed and maximum altitude

envelope opening

�Water spray tests

�Engine controllability, in-flight start, thrust

determination, fire detection and extinguishing

� Fuel systems tests

�Autopilot and avionics tests – on going

Completed over 300hof flight tests

1st flight:

Feb

2009

1st flight:

Dec

2008

1st flight:

Aug

2008

A Very Successful Program

(February 2009)

Phenom Jets – over 800 firm orders in 44 countries

Interior Design

Illustrative purpose only

Performance – Range Circles

Preliminary data

4 Pax @ 200 lb, 2 Pilots @ 200 lb, 85% annual winds, SL, ISA, NBAA reserves with 200 nm alternate, 3% allowance

Range = 2,300 nmRange = 3,000 nm

Main Suppliers: Systems

Legacy 450 & Legacy 500

PROGRAM DATA

Preliminary data

2nd Semester 2012

Legacy 500 Legacy 450Item

2nd Semester 2013Entry into Service

Legacy 600®

Growing share of the market

Market Share – Super Midsize Category

(February 2009)

2002 2003 2004 2005 2006 2007

Sources: Embraer internal analysis

15 %

13.6%

13%

12%12%

10%

13 a/c13 a/c10 a/c

27 a/c

20 a/c

36 a/c

16 %

2008

36 a/c

Lineage 1000®

Lineage 1000® Certified Performance Data Summary

(1) NBAA IFR reserves (35 min)

with 200 nm alternate;

passengers @ 200 lb each(2) MLW, SL, ISA (3) MTOW, SL, ISA

�

�

�

�

�

�

�

�

�

4,500 nmN/ARange (4 passengers)*

0.820.82MMO

41,000 ft41,000 ftMaximum Ceiling

18,500 lb each18,500 lb eachEngine Thrust

FAA Certified

Lineage 1000Initial estimates

470 kt470 ktHigh Speed Cruise

27,644 lb29,326 lbBlock Fuel for 3,000 nm

6,135 ft6,660 ftTakeoff Distance (3)

2,675 ft2,675 ftLanding Distance(2)

4,400 nm4,200 nmRange (8 passengers)*

Surpassing expectations

Lineage 1000® - Interior and Performance

Zone 1

Crew Lavatory

Galley

Zone 2

Zone 3

Zone 4

Zone 5

Baggage Compartment

Lavatory

Illustrative purposes only

Welcome Area &

Crew Lounge

Range* 4,500 nm

MMO Mach 0. 82

Max ceiling 41,000 ft

TOFL** 6,135 ft

* 4 passengers @ 200 lb,LRC, NBAA IFR reserves (200 nm alternative, 35 min of holding @ 5,000 ft))

** MTOW, ISA, Sea Level

Produced by

Designed by

Customer Support & Services

� Service Centers Network

� Logistics and Parts Support (Phenom Jets Partner: UPS)

� Field and Product Support

� Training Programs (Phenom Jets: Embraer & CAE Joint Venture)

� Executive Care Programs

Customer Support Solution

Service Centers Network

Preliminary data

Contracted / Planned Authorized Network

Embraer Service Center

Phenom 100 at Fort Lauderdale Service Center

Service Centers Network

THANK YOU !