Embraer Day

Executive Aviation Overview

Luís Carlos AffonsoEmbraer Executive Vice-President, Executive Jets

São José dos Campos – March 19th, 2010

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.

-4

-3

-2

-1

0

1

2

3

4

5

1998

2000

2002

2004

2006

2008

2010

2012

Gro

wth

Rat

e %

Real GDP growth rate, YoY%

Global Insight – Jan10

The Economist – Jun09

World

3,2%3,0%2,6%1,3%-1,9%The Economist – Mar09

4.1%4.1%3.4%3.0%-2.1%IMF – Jan10

3.7%3.9%3.3%2.9%-2.0%Global Insight – Jan10

3.0%2,8%2,4%2,5%-2,4%The Economist – Dec09

The Economist – Jun9

Source

-3.1%

2009

1.3%

2010

2.4%

2011

2.8%

2012

3.0%

2013

World Real GDP growth

IMF – Jan10

Source: The Economist, Global Insight , IMF – January 2010

The Economist – Dec09

World GDP growth rates

Source: Yahoo Finance, February 2nd, 2010

Stock markets

Global Stock Markets return % in the last 24-months

SSE Composite (China)

IBOVESPA (Brazil)

S&P500 (US)

FTSE100 (UK)

RTS (Russia)

Fall higher than 10%

Business Jets Traffic

Source: FAA, Eurocontrol – February 2010

EU +8.5%

FAA +10.9%

Jan’10 y/y

0

50

100

150

200

250

300

Jan'0

4A

pr'04

Jul'0

4O

ct'0

4Ja

n'05

Apr'0

5Ju

l'05

Oct

'05

Jan'0

6A

pr'06

Jul'0

6O

ct'0

6Ja

n'07

Apr'0

7Ju

l'07

Oct

'07

Jan'0

8A

pr'08

Jul'0

8O

ct'0

8Ja

n'09

Apr'0

9Ju

l'09

Oct

'09

Jan'1

0

Mo

nth

ly f

lig

hts

(000)

-40%

-30%

-20%

-10%

0%

10%

20%

30%

Gro

wth

yo

y %

Eurocontrol FAA

% Eurocontrol % FAA

Used market: inventory

0

500

1000

1500

2000

2500

3000

3500

99 00 01 02 03 04 05 06 07 08 09 10

Un

its

0%

4%

8%

12%

16%

20%

24%

28%

% o

f ac

tive

fle

et

% for sale (per total fleet in operation)

a/c older than 10 yrs

a/c 6 to 10 years old

a/c uo to 5 years old

% for sale (per total fleet in operation)

Delivery positions

15.8%

2716 jets

Feb 10

2009: decrease of 33 units

2010 YTD Feb: decrease of 88 units

2008: increase of 1,100 units

Source: Embraer analysis – February 2010

Business Jets For Sale

2010-2019 Market Forecast

Executive Aviation

Which is the primary reason to use a business jet ?

Fonte: Harris Interactive, Inc., NBAA, GAMA - outubro 15, 2009

Support schedules not met with scheduled

airlines

64%Reach locations

scheduled airlines do not serve

19%

Industrial or personal security

6%

Make connections with scheduled airlines flights

1%

Others

9%

2010-19 Market Forecast – World Deliveries

New Jets Deliveries Values (2009 US$ Bi)

Source: Embraer, 2009 B&CA list prices – October 2009

More than 10,000 jets US$ 190 billion over the next 10 years����

2009

US

$ B

illio

n

Historic deliveries2010-2019 Forecast

0

5

10

15

20

25

2004 2006 2008 2010 2012 2014 2016 2018

2010-19 Market Forecast

Industry revenues

US

$ B

illio

n(E

.C.2

009)

Historical Forecast

Source: GAMA reports and Embraer analysis – March 2010

0

40

80

120

160

200

2000-2009 2010-2019

US$ 190 Bi(10,000+ jets)

US$ 155 Bi(8,000 jets)

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.

Embraer Product Portfolio

Entry

Light

Mid-light

Mid-size

Super Mid-Size

Large

Ultra-Long Range

Ultra-large

illustrative purposes only

* NBAA IFR (35 min) Reserves + 100 nm alternate; 4 occupants @ 200 lb (91 kg)* Basic configuration

Certified on schedule with all

targets achieved or exceeded

41,000 ft

390 ktas

1,178 nm

Phenom 100

12,500 m

Mach 0.70

722 km/h

2,150 km

6 – 8 (Seats, Occupants)

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of seats

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®

16

* NBAA IFR (35 min) Reserves + 100 nm alternate; 6 occupants @ 200 lb (91 kg)* Basic configuration

45,000 ft

453 ktas

1,971 nm

Phenom 300

13,700 m

Mach 0.78

839 km/h

3,650 km

8 – 10 (Seats, Occupants)

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of seats

Phenom 300®

Certified on schedule with all

targets achieved or exceeded

Phenom 300® - Certified Performance Data Summary

All targets achieved or exceeded

�

�

�

�

�

�

�

�

�

0.780.78MMO

45,000 ft45,000 ftMaximum Ceiling

74 ft371 ft3External baggage compartment

3,360 lb3,200 lbEngine Thrust

24 EPNdB below Stage IV

Stage IVExternal noise

ANAC Certified Phenom 300

Initial estimates

453 kt450 ktHigh Speed Cruise

2,403 lb2,564 lbBlock Fuel for 1,000 nm

3,138 ft3,700 ftTakeoff Distance (3)

2,621 ft2,950 ftLanding Distance(2)

1,971 nm1,800 nmRange with IFR(1) reserves

�

(1) NBAA IFR reserves (35 min) with

100 nm alternate; 6 occupants @ 200 lb each(2) MLW, SL, ISA (3) MTOW, SL, ISA

18

Phenom 300®

Phenom Jets – over 600 firm orders in 44 countries

The World Discovers the Phenom Jets

(March 2010)

20

Preliminary data

* Range @ M 0.80, 2 pilots + 4 pax (200lb), NBAA IFR res.

45,000ft

470ktas

2,300nm

Legacy 450

13,700m

Mach 0.83

870 km/h

4,260km

7 – 9 passengers + 2 crew

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of occupants

Legacy 450

21

Legacy 450

illustrative purposes only

22

Preliminary data

45,000ft

470ktas

3,000nm

Legacy 500

13,700m

Mach 0.83

870 km/h

5,560km

8 – 12 passengers + 2 crew

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of occupants

* Range @ LRC, 2 pilots + 4 pax (200lb), NBAA IFR res, 200nm alt airport

Legacy 500

23

Conceitos preliminares

Legacy 500

Legacy 600®

* NBAA Reserves (4 pax, 0.74 M, ISA)

41,000 ft

459 ktas

3,400 nm

Legacy 600

12,500 m

Mach 0.80

850 km/h

6,297 km

13 – 14 (Seats, Occupants)+3 crew

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of seats

Legacy 600®

26

* NBAA Reserves (4 pax, 0.74 M, ISA)

41,000 ft

459 ktas

3,900 nm

Legacy 650

12,500 m

Mach 0.80

850 km/h

7,223 km

13 – 14 (Seats, Occupants) + 3 crew

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of seats

Preliminary data

Legacy 650®

27

Legacy 650®

28

Lineage 1000®

* NBAA IFR (35 min) Reserves + 200 nm alternate; 8 passengers @ 200 lb

41,000 ft

470 ktas

4,400 nm

Lineage 1000

12,500 m

Mach 0.82

870 km/h

8,149 km

13 – 19 (Seats, Occupants)+3 crew

Maximum Operational Altitude

MMO

Maximum Cruise Speed

Range*

Number of seats

Certified on schedule with all

targets achieved or exceeded

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 1000

Initial 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

30

Lineage 1000®

Customer Support & Services

� Service Centers Network - global coverage

� 6 Embraer wholly-owned service centers;

� Authorized service centers network expansion

� Logistics and Parts Support

� Embraer Distribution Centers and third-party Logistics.

� Field and Product Support

� Maintenance Tracking and Planning Service

� 24/7 - Contact Center

� Training Programs

� Phenom Jets: Embraer & CAE Joint Venture - ECTS

� Phenom Jets Training Centers in USA and in Europe

Customer Support Solution

Embraer Service Center

Contracted Authorized NetworkPresence in 38 locations

Service Centers Network

Complete and timely assistance to executive jet customers

Embraer Contact Center

2009 Performance and 2010 Guidance

Source: GAMA reports – Embraer analysis – Feb/10

2009 Performance - Revenue share (US$)

Others

Hawker-Beech

Embraer

Gulfstream

Dassault

Cessna

Bombardier27% 29% 29% 28% 28% 28%

15%18% 18% 19% 19%

13%

17% 11% 11% 12% 12%18%

26% 23% 22% 23% 24% 21%

2,7%3,4% 3,8% 4,6% 4,1% 6,4%

10%10% 8% 8% 8%

6%8%

6%8% 5%5%2%

2004 2005 2006 2007 2008 2009

% O

EM

Sh

are

– T

ota

l R

eve

nu

es

US$

$13.2bi$10.2bi $17.2 bi$16.6bi $19.3bi $22.2bi

Revenue (US$ - based on B&CA list prices)

Source: GAMA reports – Embraer analysis – Feb/10

2009 Performance - Deliveries share (units)

22% 25% 24% 22% 21% 20%

31%33% 35% 37% 40%

33%

11% 7% 7% 7% 6%

9%

13% 12% 13% 13% 14%

11%

2,2% 2,7% 3,1% 3,5% 3,3%14,0%

20% 19% 16% 16% 14% 11%

2%2%3%2%1% 1%

2004 2005 2006 2007 2008 2009

% O

EM

Sh

are

– T

ota

l u

nit

s

Units

1,040885749 1,154582 870

Others

Hawker-Beech

Embraer

Gulfstream

Dassault

Cessna

Bombardier

2009 Performance

Source: GAMA reports – Embraer analysis – Feb/10

2008

2009

Revenue (US$)

Remark: Revenue is based on B&CA list prices except for Embraer

Bombardier Cessna Dassault Gulfstream Hawker Others Embraer

247

466

72

156 160

1538

173

289

77 94 98

17

122

Bombardier Cessna Dassault Gulfstream Hawker Others Embraer

2009 Performance

Source: GAMA reports – Embraer analysis – Feb/10

2008

2009

Units

Guidance 2010 – Executive Jets

2010

units 120

2010

units 17

Revenue: US$ 1.1 billion

36

115

137

Embraer

2010 Performance – Deliveries (units)

Source: GAMA reports – Embraer analysis – Feb/10

2008 2009 2010

Embraer Executive Jets

0,87 0,9

1,1

Embraer

2010 Performance – Deliveries (US$ billion)

Source: GAMA reports – Embraer analysis – Feb/10

2008 2009 2010

Embraer Executive Jets

All images are for illustration purpose only and may not represent the real and final product accurately.Some features are optional items not included in the baseline aircraft and are subject to price increase and lead-time analysis.The information contained herein is subject to the disclaimer presented in the last

page of this document/presentation.This presentation is the property of Embraer-Empresa Brasileira de Aeronáutica S.A.("Embraer") and shall not be copied, in whole or in part, or used in any manner, except with Embraer´s prior written consent.

Thank You!

THANK YOU !

This presentation is the property of Embraer - Empresa Brasileira de Aeronáutica S.A. ("Embraer") and shall

not be copied, in whole or in part, or used in any manner, except with Embraer´s prior written consent.

Embraer reserves the right to revise this document whenever occasioned by product improvements,

governmental regulations or other good cause.

All images: figures, finishing materials and colors are for illustration purpose only, and may not represent the

real and final product accurately.

Some features are optional items not included in the baseline aircraft and are subject to price increase and

lead-time analysis.

All data presented shall not be used as guarantee. Guaranteed specifications are listed in the technical

description and represent the only binding guarantee.

In the event of any conflict between this presentation and the technical description, the technical description

shall govern.