1. EMBRAER INVESTOR RELATIONS
Phone: +55 12 3927 4404
investor.relations@embraer.com.br
www.embraer.com
Job Position
Jan/13

2. Corporate and Business Strategy
• Organic growth.
• Margins enhancement through the P3E.
• 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.

3. Aircraft Deliveries
Commercial Jets Executive Jets
98 126
165
133 77
125 83
101 105 106 2
36 37
21 19 16 22
2007 2008 2009 2010 2011 2012 2007 2008 2009 2010 2011 2012
Light Jets - Phenom
Large Jets - Legacy & Lineage

4. Net Revenues
US$ Million
6,335
5,498 5,364 5,803
5,245
4,278
2007 2008 2009 2010 2011 9M2012
2012 Outlook: US$ 5.8 – 6.2 billion
2007-2008: USGAAP
2009-2012: IFRS

5. Revenues by Segment – 2012 Outlook
Embraer: US$ 5.8 – 6.2 Billion Commercial Aviation: US$ 3.70 – 3.85 Billion
2,025 1,176
1,078
996 956
1,717
1,405 760
1,364
1,156
3Q11 4Q11 1Q12 2Q12 3Q12
3Q11 4Q11 1Q12 2Q12 3Q12
Executive Aviation: US$ 1.10 – 1.30 Billion Defense and Security: US$ 900 – 950 Million
603 293
266 259
232
189
261
149 152 167
3Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12

6. Revenues Breakdown
Revenues by Segment Revenues by Region
Revenues Revenues
US$ Billion 5.49 5.36 5.80 US$ Billion 5.49 5.36 5.80
2% 1% 2% 4%
12% 6% 4%
15% 15%
21% 22% 23%
17%
23% 19%
11% 13% 17%
7%
15% 11%
69% 33%
61% 64% 25%
33%
22% 20%
13%
2009 2010 2011 2009 2010 2011
Commercial aviation Defense and security North America Europe Latin America
Executive aviation Others Brazil Asia Pacific Others

7. Firm Order Backlog
US$ Billion
15.4 14.7
12.9 12.4 12.5
4Q11 1Q12 2Q12 3Q12 4Q12

9. Embraer Commercial Aviation
OVER 80 AIRLINES IN MORE THAN 50 COUNTRIES

10. Product Portfolio
capacity: 37 seats
capacity: 70 to 80 seats range: 1,750 nm (3,250 Km)
range: 2,100 nm (3,900 Km)
capacity: 44 seats
capacity: 78 to 88 seats range: 1,650 nm (3,050 Km)
range: 2,000 nm (3,700 Km)
capacity: 98 to 114 seats capacity: 50 seats
range: 2,400 nm (4,500 Km) range: 1,550 nm (2,900 Km)
capacity: 50 seats
capacity: 108 to 122 seats range: 2,000 nm (3,700 Km)
range: 2,200 nm (4,100 Km)

11. E-Jets Customer Base Evolution

12. E-Jets Family Order Book – 4Q12
E-JETS Firm orders Deliveries Firm Backlog
EMBRAER 170 193 183 10
EMBRAER 175 198 163 35
EMBRAER 190 560 451 109
EMBRAER 195 142 111 31
Total 1,093 908 185

13. Worldwide Distribution
Commercial Jets – Net Orders Market Share E-Jets Customer Base by Business Model
70-120 Seats Jets
(% of E-Jets Fleet+Backlog)
50% 19%
48% Low Cost Carriers
43%
40% 33% Regional Airlines
Network Airlines
30%
26%
20%
Firm Orders Backlog
13%
10% 9%
12% 16%
4% 35% 9% 33% 8%
0% 1%
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
27% 13% 30%
17%
Considering Accumulated Net Orders
Europe & CIS
North America
Middle East & Africa
Asia Pacific & China
Latin America

14. E-Jets Deployment
helping airlines to be more efficient

15. Embraer Market Forecast (2012-2031)
• Scope Clauses relaxation allowing 80-seater aircraft as a natural growth of RJ50s 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
North 445
155
America
America 1,460
580 7%
6%
22%
Projected Deliveries- Jets 2,195
840 China
China
32%
MarketSegment 20102019
Market –2031
Segment 2012–
(Seats)
Middle 1,005
340
(Seats) Deliveries
Deliveries Africa East
15%
13%
30-60 405
60
210
80 305
105
61-90 2,625
1,015 Asia
Latin
Latin 3% 4%
91-120 3,765
1,550 Pacific
America
America
30 - 120 6,795 505
210
30 20
-
1 2,625 315
670 7%
8%
10%
12%
Around 6,795 jet deliveries (30-120 seats) in the next 20 years (US$ 315 bi)

16. Competition 61-120 seats – New Scenario

18. Embraer Executive Jets
Embraer Executive Jet
Delivered in Brazil
MORE THAN 600 AIRCRAFT DELIVERED IN OVER 40 COUNTRIES

19. Product Portfolio
Aircraft Model Seats / Range Competitors
Entry up to 8 occupants/ • Cessna - Mustang CJ1+/M2
Phenom 100 1,178 nm
Certified: 2008 • HondaJet
• Cessna - CJ2+/CJ3/CJ4
Phenom 300 up to 11 occupants/ • Hawker - PremierIA/400XP
Light 1,971 nm • Bombardier - Learjet 40XR
Certified: 2009
• SyberJet - SJ30
Under development • Bombardier - Learjet 45XR
Mid-light Legacy 450 7 to 9 passengers/ • Cessna - XLS+/Latitude
2,300 nm • Hawker 750
• Bombardier - Learjet 60XR/85
• Cessna - Sovereign
Mid-size 8 to 12 passengers/ • Hawker - H900XP
Legacy 500 3,000 nm • Gulfstream – G150
• Bombardier - CL300/CL850
• Cessna - X/Ten
Super Mid-Size Legacy 600 13 to 14 passengers/
• Dassault - Falcon 2000S
3,400 nm
Certified: 2001 • Gulfstream - G200/G280
• Hawker - H4000
Large • Bombardier - CL605/GL5000
Legacy 650 13 to 14 passengers/
• Dassault - Falcon 2000/900LX
3,900 nm
Certified: 2010 • Gulfstream - G350/G450
• Bombardier - GL XRS
Ultra-Long Range • Gulfstream – G500/G550/G650
• Dassault – Falcon 7X
• Airbus - ACJ 318/319/320
Ultra-large Lineage 1000 13 to 19 passengers/
• Boeing – BBJ/BBJ2/BBJ3
4,500 nm
Certified: 2008 • SSJ VIP/ ARJ21B / An-148VIP

20. Market Share
Revenues share (US$ - based on B&CA list prices) Deliveries share (units)
$16.6Bi $19.3Bi $22.2Bi $17.2Bi $18.2Bi $18.1Bi 885 1,040 1,154 870 763 703
8% 6% 5% 6% 10% 7% 3% 2% 1% 2% 3% 2%
% OEM Share – Total Revenues US$
8% 8% 8% 4% 10% 7%
9% 6% 6% 16% 16% 14% 11%
4% 5% 4% 6% 7% 3% 14%
% OEM Share – Total units
3% 3% 14% 19%
23% 24% 27% 13% 13% 14%
23% 21% 21% 15%
6% 11% 13%
7% 7%
9% 9%
11% 12% 12% 18% 12%
15%
22%
16% 18% 35% 37% 40%
17% 12% 9% 33% 26%
7% 23%
29% 28% 29% 28% 27% 33% 26%
24% 22% 21% 20% 20%
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Market Revenues 2011: US$18.1 billion Market Deliveries 2011: 703 units
Embraer Revenues: US$1.0 billion Embraer Deliveries: 99 units
Bombardier Dassault Hawker-Beech
Embraer Gulfstream
Cessna Others

21. Economic Indicators
New record levels

22. 2013-22 Market Forecast - World Deliveries
Previous forecast

23. 2013-22 Market Forecast

24. Business Jets Used Market Inventory

25. Service Center Network
 Over 60 service centers worldwide
 12 new centers worldwide since August, 2011
 4 more under authorization
 On site stocks worldwide in 43 different locations

27. Embraer Defense and Security
OVER 50 ARMED FORCES IN 48 COUNTRIES

28. Embraer Defense and Security
Embraer Defense and Security, partners and affiliated companies

29. Embraer Defense and Security Results
Revenues Evolution (US$ Million)
Revenue Participation (%)
GAGR 33% 15%
13%
8% 9%
6% 7%
852
670
505 499
346
227
2006 2007 2008 2009 2010 2011
EBIT Evolution (%) Backlog Evolution (US$ Billion)
13.4% 3.2 3.3 3.3
12.4% 12.2% 12.0%
9.6%
6.3% 1.5
1.1 1.0
2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011
Não contabiliza as receitas provenientes da OGMA nos anos de 2006 a 2010.

30. Super Tucano
Firm orders: 190 aircraft Addressable Market Forecast 2020
(US$ million)
Brazil: 99
Colombia: 25 Long-term
700
Dominican Republic: 8 Medium-term
2,000 Short-term
Chile: 12
800
Ecuador: 18
Indonesia: 16
Greystone (TACAir): 1
Total Market Forecast:
Undisclosed: 11
300 aircraft / US$ 3.5 billion
Deliveries: 172 aircraft
Partnership with Boeing to provide weapons integration, increasing capabilities of the aircraft.

31. EMBRAER KC-390
Brazil Colombia Argentina Chile Portugal Czech Rep. Total Market Forecast 2025:
(28) (12) (6) (6) (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
• Agreement with Boeing to share technical knowledge and
evaluate markets for joint sales efforts.
• The Brazilian Air Force (FAB) and Embraer concluded the
Preliminary Design Review.

32. Modernization Programs
F-5M A1-M A-4
Addressable Market Forecast 2025
(US$ million) Brazilian Navy A-4
12 aircraft
Long-term 2 prototypes at GPX-CS
567
Medium-term Brazilian Air Force A-1M
505 43 aircraft
Short-term
527 14 received by Embraer for the modernization
Brazilian Air Force F-5M
46 a/c + 11 a/c (2nd batch)
45 already delivered
Total Market Forecast*:
Brazilian Air Force E-99
234 aircraft / US$ 1.6 billion
5 a/c aircraft EMB 145 AEW&C
* Considering the market for F-5 and Tucano modernization

33. New Portfolio
Command and 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
Security of Critical
HARPIA Security has a major participation Infrastructure
UAS, simulators and modernization of avionics systems Public Security
(sporting events, cities, states)
Airport Management
Air, ground and sea surveillance radars Systems
Remote sensing SISFRON
SisGAAZ
Engine and Component Maintenance
Overhaul and Modernization
Aerostructure Manufacturing and Assembling
VISIONA Satellite

34. Brazilian Army Priorities
SISFRON
Integrated Borders Monitoring System
First phase: US$ 400 Million
Total estimate: US$ 4 Billion
Comprising radars, communication networks, C4I,
unmanned air vehicles (UAV) and armored vehicles
Comm
9% UAV
12%
Sensors
59%
Satellite
Estimate: US$ 400 Million
SW
20%
Participation in the first Brazilian Geostationary Satellite

35. Revenues Breakdown Evolution
2020 Services
11%
Transport
4%
Sisfron, Satellite
10%
KC-390
34%
2011
KC-390 New Business
Services 19% 14%
10%
Light Attack and
ISR Radar, C4I, UAV, Combat
10% MRO 9%
Modernization 18%
25%
Light Attack
9% New Business
• Airport Management Systems
• SisGAAz (“Blue Amazon” Integrated Management System)
Radar, C4I, UAV,
• Security of Critical Infrastructure
MRO
27% • Public Security (sporting events, cities, states)

36. Future Projects – Brazilian Government

37. Future Projects – Brazilian Government
2013 Federal Initial Budget (*)
2013 budget
2013 budget (R$ million)
(R$ million) Army 2.100
Air Force 4.600 SISFRON 200
KC-390 1.200 Combat Readiness 365
Air Traffic Control 1.300 Logistic 353
5 midsize helicopters Aqcuisition & modernization of equip. 212
443
(out of 50) Guarani Vehicles
90
Aqcuisition & modernization of aircraft 596 (48 out of 2.044)
Aircraft Maintenance & Supplies 500 ASTROS 2020 90
Fuel & oil 307 Proteger
44
Combat Readiness 74 Stra tegi c Infra s tructure Protection
2013 budget
(R$ million)
Navy 3.700
PROSUB (submarine) 2.300
Combat Readiness 708
Aqcuisition & modernization of vessels 506
Patrol ship building 73
(*) Investment Budget – Budget sent to congress for discussion
(available at Ministry of Planning website)

38. 2012 Outlook

39. 2012 Outlook
Commercial aviation
Executive aviation
Net Revenues US$ 5.8 – 6.2 billion Defense and security
Others
Outlook in 1Q12 Current Outlook (Revised in 2Q12)
EBIT US$ 460 – 530 Million US$ 520 – 590 Million
EBIT margin 8.0% – 8.5% 9.0% – 9.5%
EBITDA US$ 670 – 780 Million US$ 720 – 840 Million
EBITDA margin 11.5% – 12.5% 12.5% – 13.5%

40. 2012 Outlook
Research US$ 100 million
TOTAL
Development US$ 350 million
US$ 650
CAPEX US$ 200 million million
US$ Million
CAPEX
R&D
Investment/Revenue

42. Net Revenues / SG&A Expenses
Net Revenues - US$ Million SG&A Expenses - US$ Million
194
186 180
172 170
72 75
69 71 59
2,025
1,717
1,364 1,405
1,156 114 109 119 111
103
3Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12
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

43. Income from Operations / EBITDA
Income from Operations - US$ Million EBITDA - US$ Million
13.8%
14.9%
10.2% 15.4%
11.5% 12.8%
9.1% 11.8%
7.4% 7.2%
42
42
265
-0.3% 197 2.9%
188
124 148 166
86 101
59
(6) 3Q11 4Q11 1Q12 2Q12 3Q12
3Q11 4Q11 1Q12 2Q12 3Q12
US$ EBIT EBIT Margin US$ EBITDA EBITDA Margin
2010 392 7.3% 2010 611 11.4%
2011 318 5.5% 2011 557 9.6%
Without Chautauqua non-recurring event

44. Net Income / Free Cash Flow
Net Income - US$ Million Free Cash Flow - US$ Million
9.1%
4.6% 277
3.2%
105 414
0.1% 55 65 155
2 20 25
(73) (30)
-4.5% (77) (70) (76) (50)
(60) (60) (40) (55) (58)
(65)
-92 (112) (138)
(174)
3Q11 4Q11 1Q12 2Q12 3Q12
3Q11 4Q11 1Q12
* 2Q12
* 3Q12
Free cash flow
Net cash generated (used) by operating activities*
Additions to PP&E Additions to Intangible
US$ Net Income Net Margin US$
2010 330 6.2% 2010 287
2011 112 1.9% 2011 1
* Reflects re-calculation of Company’s income tax base * Net of Financial assets adjustment

45. Indebtedness Profile / Net Cash
Indebtedness Maturity Net Cash - US$ Million
15% 17%
26% 26% 22%
6.1 6.0
4.8
4.5
4.2
446
85% 83%
74% 74% 78%
302 290
193
123
3Q11 4Q11 1Q12 2Q12 3Q12 3Q11 4Q11 1Q12 2Q12 3Q12
Long-term Short-term
Loans Average Maturity (Years)
Total Debt 3Q12 US$ 2.08 Billion Total Cash 3Q12 US$ 2.21 Billion

46. Investments
US$ Million
350
200
176
132
100
52
RESEARCH DEVELOPMENT CAPEX
9M2012 2012 Outlook

47. Investors’ Return
EPADS and Pay Out Dividend Yield (%)
115%
68%
53% 52%
34% 35%
26%
4.34
2.64 2.57 3.28
2.11 2.14 1.68 2.91
1.83 2.23 2.13
2.01
0.62
2006 2007 2008 2009* 2010* 2011* 2006 2007 2008 2009 2010 2011
EPADS Pay Out
2006-2008: US GAAP
* 2009-2011: IFRS

48. Ownership Structure
724,040,044 Voting Shares

50. Sustainability Initiatives
ISO 14001 and OHSAS
18001 Certifications
Brazilian Alliance for Bio-fuel
1st ethanol powered
aircraft in the World
Social Activities
Reforestation Projects
Ipanema
Recycling
Corporate Values
Greener Technology

51. Lean Results
E-Jets Final Assembly Line Transformation
“Dock” layout - 2008 Assembly Line – 2009 Assembly Line – 2011
Performance indicators May/2008 July/2009 Sep/2009 June/2010 Mar/11 Out/11
(15ac/month) (10ac/month) (10ac/month) (8ac/month) (10ac/month) (12ac/month)
Number of positions 12 6 5 4 4 4
Cycle time (days) 18 12 10 8 8 7
Work in process (US$mi) 212 106 95 89 68 68
Number of non-conformity
per a/c
32 7 1,7 0 0 0
Over time (% of work
hours)
10 1,5 1,5 0,2 0 0

52. P3E Results
Kaizen - E-Jets Cycle Reduction Cost of Non Quality Reduction
Lead Time (E-Jets) Cost of Non Quality
40% 44%
2005 2006 2007 2008 2009 2010 2011 2008 2009 2010
40% reduction on the production cycle 44% reduction on CNQ

53. “Boa Idéia” Program Evolution
28,3
Cost: US$ 18.9 mi
22,7 24,0
22,7
Benefit: US$ 175.5 mi
14,5
12,7
10,7 10,6
9,1 8,4
7,2
3,5 3,1
1,6 2,5 2,2 2,5
0,9 1,2 1,6 1,3
0,4 0,5 0,8
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

54. Investor Relations
Phone: +55 12 3927 4404
investor.relations@embraer.com.br
www.embraer.com

55. 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.