Embraer reported its second quarter 2009 results. Net income was $68 million, down from $134 million in the second quarter of 2008. Embraer also reported lower jet deliveries, net revenue, and gross margin compared to the previous year. However, the backlog remained strong at $19.8 billion, though down slightly from prior quarters. Embraer continues development of new programs like the KC-390 military transport while modernizing aircraft for existing customers.

1. Second Quarter 2009
Results
July 31, 2009

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. Summary
• Embraer launches KC-390 military transport jet program
• Embraer to modernize 12 jets (AF-1 and AF-1A) for the Brazilian Navy
• Embraer confirms seven E-Jets options for KLM Cityhopper
• Embraer sells the third E-Jet to Japan’s Fuji Dream Airlines
• Embraer begins delivery for the Lineage 1000
• Embraer filed Form 20-F Annual Report for the fiscal year ended 2008
• Embraer’s Phenom 100 Executive Jet certified by EASA
• Embraer delivers 1,100th ERJ 145 family and the 100th Super Tucano
aircraft

4. Results &
Performance

5. Jet Deliveries
59 56
52
48 (57 + 2) (41 + 15)
40
(34 + 6)
2Q08 3Q08 4Q08 1Q09 2Q09

6. Net Revenue
US$ Million
Net Revenue Gross Margin
1,635 21.9% 23.1%
1,457 20.4%
1,336 18.2%
1,154
1Q08 1Q09 2Q08 2Q09 1Q08 1Q09 2Q08 2Q09

7. SG&A Expenses
US$ Million
59.1
57.6
62.9
47.4
36.9
106.2 101.8
91.7
65.8 74.2
2Q08 3Q08 4Q08 1Q09 2Q09
Selling Expenses General and Adm. Expenses

8. Income from Operations
US$ Million
Income from Operations Margin
175 12.0%
113
6.9%
49 3.6%
27 2.4%
1Q08 1Q09 2Q08 2Q09 1Q08 1Q09 2Q08 2Q09

9. EBITDA
US$ Million
EBITDA EBITDA Margin
196 13.5%
129
7.9%
65 4.9%
4.1%
47
1Q08 1Q09 2Q08 2Q09 1Q08 1Q09 2Q08 2Q09

10. Net Income
US$ Million
Net Income Net Margin
134
8.2%
85 6.4%
68 4.7%
(23) -2.0%
1Q08 1Q09 2Q08 2Q09 1Q08 1Q09 2Q08 2Q09

11. Accounts Receivable and Clients Financing
US$ Million
430 477 481
382 410
89 64
75
34 34
444 430 470
401 406
2Q08 3Q08 4Q08 1Q09 2Q09
Accounts Receivable CCF A/c Leasing/Remarketing

12. Inventories
US$ Million
3,064
2,838 2,925 2,837 2,875
2Q08 3Q08 4Q08 1Q09 2Q09

13. Indebtedness
Total Debt: US$ 1,817 Million
Loans Average Maturity: 2 years and 1 month
1Q09 2Q09
Short
Term
Long
27% Short
Term
51% Term
Long
49%
Term
73%
1Q09 2Q09
Average Cost in Brazilian Currency (R$) 8.06% p/a 7.99% p/a
Average Cost in Foreign Currency (US$) Libor + 3.08% p/a Libor + 1.80% p/a

14. Net Cash (Debt)
US$ Million
524 492
376
122
52
2Q08 3Q08 4Q08 1Q09 2Q09

15. Backlog

16. EMBRAER 170/190 Family Order Book
Firm
Firm Orders Options Total Deliveries
Backlog
EMBRAER 170 193 91 284 160 33
EMBRAER 175 135 173 308 120 15
EMBRAER 190 443 454 897 234 209
EMBRAER 195 111 76 187 40 71
Total 882 794 1676 554 328
(as per 2nd Quarter, 2009)

17. Order Backlog
US$ Billion
21.6
20.7 20.9
19.7 19.8
2Q08 3Q08 4Q08 1Q09 2Q09

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