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COMPREHENSIVE PRODUCT PORTFOLIO
HEALTHY BUSINESS GROWTH
CAGR 20% (2002-14)
Deliveries share evolution from 2.7% to 16.5%
Company revenue contribution from 7% to 26%
GLOBAL FOOTPRINT
74 Services Centers worldwide
More than 900 jets in service in 60 countries
TOP RATED IN WORLDWIDE CUSTOMER SUPPORT AND SERVICES
Prepared for a solid future…
3
ULTRA-LARGE SUPER-MIDSIZE
MIDSIZE MIDLIGHT LIGHT ENTRY
LARGE
FULLY CERTIFIED PRODUCT PORTFOLIO
4
DELIVERIES EVOLUTION (units)
115-130
13 13 20 27 36 38
122 145
99 99 119 116
855
0
50
100
150
200
250
300
0
200
400
600
800
1000
02 03 04 05 06 07 08 09 10 11 12 13 14 15
Annual deliveries Accumulated Fleet
Guidance
5
CAGR 13Y: 20%
Guidance
REVENUE EVOLUTION (US$ bi)
CAGR 13Y: 20%
1.70 – 1.85
0.1 0.2 0.2 0.3
0.6 0.8 0.9 0.9
1.2 1.1 1.3
1.6 1.6
02 03 04 05 06 07 08 09 10 11 12 13 14 15
6
Source: GAMA report and Embraer analysis.
*Bombardier, Cessna , Dassault, Gulfstream and Hawker-Beechcraft
AMONG THE TOP 5 EXECUTIVE AVIATION PLAYERS
2.7%
Others*
Embraer
Total market:
749 units
2005
16.5%
2014
Total market:
705 units
7
Source: GAMA report and Embraer analysis.
*Bombardier, Cessna , Dassault, Gulfstream and Hawker-Beechcraft
AMONG THE TOP 5 EXECUTIVE AVIATION PLAYERS
2.2%
Total market:
US$ 12 Bi
2005
7.0%
2014
Total market:
US$ 22 Bi
Others*
Embraer
8
SHARE OF DELIVERIES - FRACTIONAL SEGMENT (units)
Source: Jetnet databse October 2015.
0
20
40
60
80
100
120
2007 2008 2009 2010 2011 2012 2013 2014 2015TD
Embraer Bombardier Dassault Cessna Gulfstream Others
9
Assessed period: 1965 – 2014.
Source: Jetnet database, Aug 2015 and Embraer analysis./ * 2015 Economic conditions
HIGHEST REVENUE GROWTH AMONG OEMs SINCE EIS (US$ bi)
0.00
0.25
0.50
0.75
1.00
1.25
1.50
0 - 4 5 - 9 10 - 14
Avg
. an
nu
al r
even
ue
per
5 y
ear
per
iod
*
Years after entry into business jet market
EMBRAER
Bombardier
Gulfstream Dassault
HBC
Cessna
10
EMBRAER EXECUTIVE JETS GLOBAL PRESENCE
Countries
60 Aircraft
930 Customers
580+
11
GLOBAL FOOTPRINT
12
6
5
7 4
1
2
3
EXPANSION 2015 to 2017:
Legacy 450/500 Final Assembly 5 Legacy 450/500 Painting 6 Legacy 450/500 Delivery Center 7
CURRENT FACILITIES:
Phenom Final Assembly 1 Phenom Painting 2 Engineering Center 3 Customer Center 4
EXPANDING OPERATIONS IN FLORIDA
13
MARKET RECOGNITION (last 2 years)
14
MARKET RECOGNITION – 1st in 2015 CUSTOMER SUPPORT
15
MARKET RECOGNITION: OVERALL SATISFACTION
“Please rate your business aircraft model on the factor: Overall satisfaction”
Note: % of Excellent mentions. Respondents were asked to rate aircraft models they /their company owned in the past three years. In production jets only.
50%
0% 10% 20% 30% 40% 50% 60%
Bombardier
Cessna
Dassault
Embraer
Gulfstream
2014
54.8%
Bombardier
Cessna
Dassault
Gulfstream
Embraer
2015
Source:
AIN Busines Jet Traveler
Readers’ Choice Surveys
16
MARKET RECOGNITION: ASSET VALUE
“Please rate your business aircraft model on the factor: Aircraft value for price paid”
Note: % of Excellent mentions. Respondents were asked to rate aircraft models they /their company owned in the past three years. In production jets only.
64.5%
Dassault
Bombardier
Cessna
Gulfstream
Embraer
2015
56.7%
0% 10% 20% 30% 40% 50% 60% 70%
Bombardier
Cessna
Gulfstream
Dassault
Embraer
2014
Source:
AIN Busines Jet Traveler
Readers’ Choice Surveys
17 17
Phenom 100E 320+ aircraft in service
18 18
19 19
20
Initial estimates ANAC Certified Legacy 450
Range IFR reserves @ LRC (1) 2,500 nm / 4,630 km 2,575 nm / 4,769 km
Range IFR reserves @ M0.80 (1) 2,348 nm / 4,349 km 2,511 nm / 4,650 km
Takeoff distance (2) 4,000 ft / 1,219 m 3,825 ft / 1,166 m
Hot & High takeoff distance (3) 5,407 ft / 1,648 m 5,059 ft / 1,542 m
Unfactored landing distance (4) 2,300 ft / 701 m 2,083 ft / 635 m
Block fuel for 600nm @ M0.80 (5) 2,659 lb / 1,206 kg 2,630 lb / 1,193 kg
Maximum operating altitude 45,000 ft / 13,716 m 45,000 ft / 13,716 m
Initial climb altitude (6) 43,000 ft / 13,106 m 43,000 ft / 13,106 m
Time to climb to initial climb altitude (6) 22 min 21 min
Maximum operating speed (MMO) Mach 0.83 Mach 0.83
High speed cruise (7) 459 KTAS 463 KTAS
Maximum payload (8) 2,800 lb / 1,270 kg 2,976 lb / 1,350 kg
Payload full fuel (8) 1,600 lb / 726 kg 1,627 lb / 738 kg
Total baggage & stowage volume 150 ft³ / 4.25 m³ 150 ft³ / 4.25 m³
External noise Stage IV 24 EPNdB below stage IV
Engine thrust / flat rating 6,080 lbf / ISA+15ºC 6,540 lbf / ISA + 18ºC
LEGACY 450 ALL DESIGN GOALS ACHIEVED OR SURPASSED
(1) NBAA IFR reserves; 200 nm
alternate; 4 pax @ 200 lb each;
baseline aircraft
(2) SL; ISA; MTOW
(3) 5,000 ft, 25ºC, MTOW
(4) SL; ISA ; 4 pax @ 200 lb each;
NBAA IFR reserves; 200 nm
alternate; baseline aircraft
(5) NBAA IFR reserves; 200 nm
alternate; 4 pax @ 200 lb each;
baseline aircraft. Block Fuel
includes fuel for taxi out, takeoff,
climb, cruise, descent, landing and
taxi in.
(6) From SL; @ MTOW; ISA
(7) Max cruise speed; FL430; ISA; 4
pax @ 200lbs each; half fuel tank;
baseline aircraft
(8) Baseline aircraft
EIS in 4Q15
21 21
ANAC Aug14
FAA Oct14
EASA Dec14
Australia
Jan15
China Jul15
Mexico Jun15
22 22
First two Legacy 500 already delivered
23 23
270+ aircraft in service
Highest availability and utilization in the industry: 1,400 hours annual operation
Legacy 650/600
24 24
25 25
22 aircraft in service
26
&
27
MARKET DRIVERS ALSO AFFECTED BY “INTANGIBLES”
28 28
Source: GAMA and Embraer analysis, 2015.
2015 DELIVERIES EXPECTED TO BE SIMILAR TO 2014 (units)
0
200
400
600
800
1,000
1,200
1,400
2000 01 02 03 04 05 06 07 08 09 10 11 12 13 14
Av: 785 jets/year
369 375
3Q14 3Q15
YoY comparison
29
52% 45% 51% 53% 55% 58% 66%
48% 55% 49% 47% 45% 42% 34%
09 10 11 12 13 14 3Q15
US Other regions of the world
Source: JetNet ; Embraer analysis. Oct 2015.
US REPRESENTING TWO-THIRDS OF CURRENT DELIVERIES (units)
30
IMPROVED SALES PERFORMANCE THROUGH 9M15
15%
29%
18%
38%
3%
18%
6% 73%
North America Latin America Europe and Africa Asia-Pacific and China
(Deliveries: 64 jets) (Deliveries: 75 jets)
0.50
1.30
Up to 3Q14 Up to 3Q15
Net book-to-bill
31
Traffic recovery on track in US but slower than expected in Europe
New and pre-owned pricing pressure
US 2015 GDP growth expected at 2.5%
US Corporate profits and HNWI at record levels
New products entering into service
Softening emerging markets demand
IMPROVED ECONOMIC ENVIRONMENT IN US DRIVING DEMAND
32
2015-2024 MARKET FORECAST BY REGION
North America
4,620 jets (50%)
US$ 120 Bi (45%)
Asia Pacific
570 jets (6%)
US$ 19 Bi (7%)
Latin America
850 jets (9%)
US$ 16 Bi (6%)
China
835 jets (9%)
US$ 33 Bi (12%)
Global
9,250 units
US$ 265 Bi
EMEA
2,360 jets (26%)
US$ 77 Bi (29%)
Note: Sum of regional numbers might differ from total numbers due to rounding
33
FORECAST
1,634 1,033 1,330 1,490
1,789
975
1,470 1,715
1,238
1,448
1,680
1,780
2006-10 2011-15 2016-20 2020-24
SMALL & MEDIUM JETS EXPECTED TO GROW ABOVE MARKET
Small = entry and light jets; Medium = midlight, midsize and supermid; Large = large up to ultra-large jets
4,661
3,456
4,480
4,985
62% 64%
58%
Small
Medium
Large