The document provides an overview of Embraer's business highlights and financial results. It discusses forward-looking projections including expected jet deliveries and revenue growth in 2010. It also summarizes Embraer's product portfolio, global operations, and market leadership in commercial and executive aviation.

2. 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. Business Highlights 100th Phenom 100 jet delivered. Legacy 450 and 500 program development on track. In April, first metal cut for the first Legacy 500 prototype. Confirmed the sale of 20 EMBRAER 190 jets for Austral. First deliveries of two EMBRAER 170 jets to Gulf Air, the national carrier from the Kingdom of Bahrain. Sale and delivery of a Legacy 600 to the Government of Panama. First four Super Tucano delivered to Ecuador Air Force. Landmark development contract for KC390 aircraft. Development program at the final phase of preliminary studies. Phenom 300 certification on schedule, meeting or surpassing all of its performance goals. Embraer’s market share in the bizjet market increased from 3% to 14% (deliveries) and 4% to 6.5% (revenues).

4. Financial Highlights Jet deliveries: 41 aircrafts - 21 commercial jets, 19 executive jets and 1 aircraft for defense. Net revenues of US$ 990 million. Defense and aviation services positively impacting gross margin. EBIT of US$ 57 million and EBIT margin of 5.8%, in line with the 6% guidance. Backlog at US$ 16.0 billion or 3.2 years of annual revenues. EBITDA margin of 8.1%, above the 7.5% projection for the year. Solid net cash of US$ 459 million. Net income of US$ 35 million and EPS - ADS of US$ 0,1952. All operational targets achieved in 2009. 20% reduction of SG&A in 2009.

5. Jet Deliveries 2010 projected deliveries 90 commercial jets 17 Legacy / Lineage 120 Phenom Phenom Commercial Jets, Legacy and Lineage

6. Firm Order Backlog US$ Billion

7. Revenue by Segment Commercial aviation Executive aviation Others Aviation services Defense

8. Global Business Operations in Brazil, USA, Europe and Asia Dual listed in Brazil’s Bovespa (1989) and NYSE (2000) Melbourne* Fort Lauderdale Nashville USA Taubaté Botucatu Gavião Peixoto São José dos Campos Brazil Évora* Alverca Portugal Le Bourget Villepinte France Harbin Beijing China Singapore Singapore Countries of Operation Factories Offices Service Centers Contracted/ Planned Authorized Network * Under construction One of Brazil’s largest exporters of manufactured goods Diversified customer-base across five continents

9. 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: 50 seats range: 1,550 nm (2,900 Km) capacity: 50 seats range: 2,000 nm (3,700 Km) capacity: 44 seats range: 1,650 nm (3,050 Km)

10. Worldwide Distribution Diversified Customers Across 5 Continents Asia Pacific / China 14% Middle East / Africa 21% Europe / CIS 33% Latin America 17% North America 15% Firm Orders Asia Pacific / China 14% Middle East / Africa 9% Europe / CIS 21% North America 44% Latin America 12% Embraer Bombardier Sukhoi Boeing Airbus Antonov Comac Mitsubishi Commercial Jets Market Share Evolution Worldwide Considering Accumulated Firm Orders: 30-120 Seats Jets 47% 42% 3% 2% 2% 2% 1% 1%

11. Product Portfolio Large Aircraft Model Phenom 100 Phenom 300 Legacy 450 Legacy 500 Legacy 600 Lineage 1000 Seats / Range 4 / 1,160 nm 6 / 1,800 nm 4 to 8 / 2,200 to 2,300 nm 4 to 8 / 2,800 to 3,200 nm 10 to 14 / 3,250 nm 13 to 19 / 4,400 to 4,500 nm Entry Light Mid-light Mid-size Ultra-large Super Mid-Size Certified: 2008 Certified: 2009 Expected Certification: 2013 Certified: 2000 Certified: 2008 Expected Certification: 2012 Ultra-Long Range Competitors Cessna - Mustang CJ1+ Cessna - CJ3 Hawker - H400XP Bombardier - Lear 60XR Cessna - XLS+ Cessna - Sovereign Hawker - H900XP Bombardier -Challenger 300/ 605 Dassault – Falcon 2000EX/LX Airbus - A318 Elite Legacy 650 10 to 14 / 3,900 nm Expected Certification: 2010 Bombardier – Global XRS Gulfstream – G550

12. 2009 Performance Market Share Others Hawker-Beech Embraer Gulfstream Dassault Cessna Bombardier

13. Product Portfolio TRANSPORT F-5 BR Aircraft Modernization

14. Currently in “Preliminary Design Phase” Market Forecast 2025: 700 aircraft / US$ 50+ bi EMBRAER KC-390 New tactical military transport aircraft Payload: 19 ton / Range: 1,450 nm (2,685 km) Contract signed with Brazilian Air Force in April 2009

15. Net Revenue SG&A Expenses Net Revenue/Gross Margin - US$ Million Net Revenues Gross Margin SG&A Expenses - US$ Million Selling Expenses G&A Expenses 2010 Guidance: Net revenues - US$ 5.0 billion 121 103 121 125 147

16. Income from Operations EBITDA Income from Operations - US$ Million Income from Operat. Operating Margin EBITDA - US$ Million EBITDA EBITDA Margin 2010 Guidance: EBIT - US$ 300 million EBIT margin - 6.0% 2010 Projection: EBITDA - US$ 375 million EBITDA margin - 7,5%

17. Net Income Net Cash Net Cash - US$ Million Net Income - US$ Million Net Income Net Margin Total Cash 1Q10: US$ 2.3 Billion