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.
2

3. Highlights
Net revenues of US$ 1.35 billion and gross margin of 21.4%.
EBIT of US$ 126 million and EBIT margin of 9.3%.
FCF generation of US$ 220 million. Solid net cash of US$ 659 million.
Signs of improvement on Commercial Aviation with orders at Farnborough.
Brazilian Air Force announced its intention to buy 28 KC 390.
Continuous expansion of Embraer Customer Support network.
All program developments on track.
Phenom 300 certified by EASA / first delivery in Brazil.
3

4. Revenue
Net Revenue
US$ Billion 1.46 1.25 1.61 1.00 1.35
12% 12% 14% 16% 12%
7% 6%
16% 13%
14% 16% 19%
14%
26% 12%
67% 66% 61%
53%
44%
2Q09 3Q09 4Q09 1Q10 2Q10
Commercial aviation Executive aviation Defense Aviation services and others
4

5. Deliveries
2010 projected deliveries
• 90 commercial jets
• 17 Legacy / Lineage
67
• 120 Phenom
50 56
21 8 4
1H 09 1H 10
55
39
35
30 28 29
22 21
15 17
6 5 8 3 1
2Q09 3Q09 4Q09 1Q10 2Q10
Commercial Jets Phenom Legacy and Lineage
5

6. Firm Order Backlog
US$ Billion
4.2 4.2
3.9 3.8
3.3
3.1 3.0 3.0
2.6 2.8 2.8
2.2 2.3
20.9
18.8
16.6 15.2
14.8
11.4 10.7 10.6 10.1 10.4
9.0
6.4
4.1
1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2Q10 *
Firm Order Backlog Backlog/Revenue (Years)
* As of June 30, Farnborough sales are not included
6

7. Net Revenues and
Gross Margin
US Gaap - US$ Million IFRS - US$ Million
20.8% 21.7% 21.4% 19.7% 20.8% 20.2%
22.3%
23.1% 17.9%
18.8%
1,610 1,614
1,457 1,354 1,461
1,246 1,250 1,358
990 992
2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10
Net Revenues Gross Margin
7

8. SG&A Expenses
US Gaap - US$ Million IFRS - US$ Million
147 143 147 143
121 125 121 121 123 121
55 49 55 49
35 35
47 52 47 51
92 86 94 92 86 94
74 73 74 72
2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10
Selling Expenses General and Adm. Expenses
8

9. Income from Operations
US Gaap - US$ Million IFRS - US$ Million
12.0%
9.3% 13.5%
9.0%
7.3% 7.2%
5.5% 5.8%
4.1% 2.4%
175
198
126
122
68 66 91
57 71
39
2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10
Income from Operations Operating Margin
9

10. EBITDA
US Gaap - US$ Million IFRS - US$ Million
13.5% 17.6%
10.2% 12.1% 11.8% 12.2%
8.1%
7.2% 6.5%
5.6%
196 257
139
151 166
90 89 80 105 117
2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10
EBITDA EBITDA Margin
10

11. Income Before Taxes
US Gaap - US$ Million IFRS - US$ Million
9.7%
9.2% 10.7% 9.4%
7.8%
6.7% 6.1%
2.5%
4.6%
3.8%
134 131 156
128
73 66 76 77
48
41
2Q09 3Q09 4Q09 1Q10 2Q10
2Q09 3Q09 4Q09 1Q10 2Q10
Income Before Taxes Margin
11

12. Net Income
US Gaap - US$ Million IFRS - US$ Million
9.1%
15.7%
9.8%
5.9%
5.2% 4.2%
4.7% 4.6% 2.4%
146 3.6%
229
68
70 122
58 95
35 57
24
2Q09 3Q09 4Q09 1Q10 2Q10
2Q09 3Q09 4Q09 1Q10 2Q10
Net Income Net Margin
12

13. Free Cash Flow
US Gaap - US$ Million IFRS - US$ Million
364
383
253
220
6 23
(60) (47) (42)
(81)
2Q09 3Q09 4Q09 1Q10 2Q10
2Q09 3Q09 4Q09 1Q10 2Q10
13

14. Indebtedness Profile
Net Cash (USGAAP)
Total Debt 2Q10: US$ 1.5 Billion Total Cash 2Q10: US$ 2.2 Billion
Indebtedness Maturity Net Cash
25% 22%
29%
49% 47%
5.8
4.9 5.0
659
53% 75% 78%
71% 503 459
51%
2.6
2.1
52 71
2Q09 3Q09 4Q09 1Q10 2Q10 2Q09 3Q09 4Q09 1Q10 2Q10
Long-term Short-term
Loans Average Maturity (Years)
14

15. Inventories
US Gaap - US$ Million
2,875
2,723
2,340 2,359 2,246
2Q09 3Q09 4Q09 1Q10 2Q10
15

16. 2010 Guidance
Revision
16

17. 2010 Guidance and
Outlook
Net Revenues US$ 5.0 billion
EBIT US$ 300 million
EBIT margin 6.0%
R&D US$ 160 million
PP&E US$ 140 million
17

18. 2010 Guidance and
Outlook
Current Guidance New Guidance
Net Revenues US$ 5.0 billion + 5% US$ 5.25 billion
EBIT US$ 300 million + 13% US$ 340 million
EBIT margin 6.0% 6.5%
R&D US$ 160 million
PP&E US$ 140 million
18

19. 19