Job Position EARNINGS RESULTS

2nd QUARTER 2013

July 26, 2013

Forward-Looking Statements

This presentation may contain forward-looking statements, projections and estimates regarding circumstances or

events yet to take place, including, but not limited to, those statements relating to guidance. These forward-looking

statements are based largely on current expectations, forecasts of future events and industry and financial trends

that affect Embraer’s businesses. These statements are subject to risks, uncertainties and assumptions that include,

among others: general economic, political and trade conditions, both in Brazil and in those markets where Embraer

does business; management’s expectations and estimates concerning the company’s future financial performance;

plans and objectives of our management; financing plans and programs, and the effects of competition; industry

trends and growth opportunities; inflation and fluctuations in exchange rates; the company’s investment plans;

Embraer’s operating efficiencies and synergies and its capacity to develop and deliver products on the dates

previously agreed upon; results of operation; business strategies; benefits of new technologies and existing and

future governmental regulations. To obtain further information on factors that may lead to results different from

those forecast by Embraer, please consult the reports Embraer files with the U.S. Securities and Exchange Commission

(SEC) and the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under

“Forward-Looking Statements” and “Risk Factors” in Embraer’s annual report on Form 20−F. The words “believe”,

“may”, “will”, “estimate”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are intended to identify

forward-looking statements. Embraer does not undertake any obligation to publish updates or to revise any forward-

looking statements due to new information, future events or any other factors. In view of the inherent risks and

uncertainties, such estimates, events and circumstances may not occur. The actual results and performance of

Embraer could therefore differ substantially from those anticipated in Embraer's forward-looking statements.

2

• Embraer launches the E-Jets E2 Program

during the Paris Air Show in June.

Embraer awards and recognitions:

• “Company of the Year” by the Brazilian magazine Exame;

• “One of the best companies to work for in Latin America” by Great Place to Work;

• “National Innovation Award” by the Brazilian National Industry Conference.

3

Corporate Highlights

• Standard & Poor’s upgraded Embraer’s credit

rating to “BBB” from “BBB-”.

• Delivery of 22 E-Jets in 2Q13 reaching 947 total deliveries since EIS.

4

Highlights

• Air Costa (India) and JAL (Japan)

disclosed their firm orders for five E-Jets .

• Embraer signed a firm order for seven E190s with Venezuela’s Conviasa.

• SkyWest signed a firm order for 40 E175 jets

plus 60 reconfirmable and another 100 options.

• E-Jets E2 Program reached 100 firm orders plus 100

options from SkyWest, 50 firm orders plus 50

options from ILFC and LOIs for another 65 aircraft.

• United Airlines ordered 30 E175 jets

with options for an additional 40.

• Delivery of the 400th Phenom jet and first Phenom 300 sold to China.

• Embraer’s Melbourne, FL facility received FAA certification to assemble the Phenom 300.

• Delivery of 29 executive jets in 2Q13 (23 light jets and 6 large jets).

• NetJets received its first Phenom 300, entitled “Signature

SeriesTM”, of a contract that may reach up to 125 aircraft.

5

Highlights

• Lineage 1000 reached 10,000 flown hours.

• Legacy 500 completed 45% of its test campaign

with more than 450 flight hours with 3 prototypes.

• Phenom 100 & 300 awarded as the “Best of the Best” by

Robb Report magazine for the third consecutive year.

• Embraer and Boeing signed a partnership to market

and sell the KC-390 in certain markets.

6

Highlights

• Brazilian Air Force signed a contract for logistical support

and services for 92 A-29 Super Tucano aircraft.

• Visiona advanced in the Geostationary Defense and

Strategic Communication Satellite program with the

short list of the satellite supplier.

• Savis completed the selection of the main suppliers for

Sisfron (Brazilian Integrated Border Monitoring System).

3

1611 8

23

2 4 6

17

37

2Q12 3Q12 4Q12 1Q13 2Q13

35

2723

1722

2Q12 3Q12 4Q12 1Q13 2Q13

Aircraft Deliveries

Large Jets - Legacy & Lineage

Light Jets - Phenom

Commercial Jets Executive Jets

7

2013 deliveries estimates • 90 - 95 commercial jets

• 25 - 30 executive large jets

• 80 - 90 executive light jets

12.9 12.4 12.5 13.3

17.1

2Q12 3Q12 4Q12 1Q13 2Q13

US$ Billion

8

Firm Order Backlog

309264 257 297 252

2Q12 3Q12 4Q12 1Q13 2Q13

8601,176

956 864640

2Q12 3Q12 4Q12 1Q13 2Q13

370261

167

712

175

2Q12 3Q12 4Q12 1Q13 2Q13

1,5571,7151,402

1,898

1,086

2Q12 3Q12 4Q12 1Q13 2Q13

Net Revenues by Segment – 2013 Outlook

9

Commercial Aviation: US$ 3.20 – 3.35 Billion

Executive Aviation: US$ 1.40 – 1.60 Billion Defense & Security: US$ 1.25 – 1.35 Billion

EMBRAER: US$ 5.90 – 6.40 Billion

2013 YTD: 2,643 2013 YTD: 1,500

2013 YTD: 545 2013 YTD: 561

Net Revenues

10

2013 YTD: 2,643 2013 YTD: 5,397

US$ Million R$ Million

3,3802,845

3,913

2,157

3,240

2Q12 3Q12 4Q12 1Q13 2Q13

1,715

1,402

1,898

1,086

1,557

2Q12 3Q12 4Q12 1Q13 2Q13

2013 Outlook: US$ 5.9 – 6.4 Billion

118 111

143

108

75

59

75

53

121

54

2Q12 3Q12 4Q12 1Q13 2Q13

233 224

295

215

147120

154

106

250

111

2Q12 3Q12 4Q12 1Q13 2Q13

11

SG&A Expenses

344

449

170

218

161

193

321

380

Selling Expenses G&A Expenses

175 361

US$ Million R$ Million

2013 YTD: 336 2013 YTD: 682

Income from Operations

EBIT EBIT Margin

12

2013 YTD: 175 / 6.6% 2013 YTD: 365 / 6.8%

US$ Million R$ Million

EBIT: US$ 530 – 610 Million

EBIT Margin: 9.0% – 9.5% 2013 Outlook:

205

469

79

390

285

11.5%

7.2%

12.0%

3.7%

8.8%

2Q12 3Q12 4Q12 1Q13 2Q13

101

228

40

197

135

11.5%

7.2%

12.0%

3.6%

8.7%

2Q12 3Q12 4Q12 1Q13 2Q13

EBITDA

EBITDA EBITDA Margin

13

US$ Million R$ Million

2013 YTD: 304 / 11.5% 2013 YTD: 628 / 11.6%

EBITDA: US$ 770 – 900 Million

EBITDA Margin: 13.0% – 14.0% 2013 Outlook:

265

168

310

100

204

15.5%

12.0%

16.3%

9.2%

13.1%

2Q12 3Q12 4Q12 1Q13 2Q13

524

340

638

201

427

15.5%

12.0%

16.3%

9.3%

13.2%

2Q12 3Q12 4Q12 1Q13 2Q13

5.9%

92

5.9%

192

Adjusted Net Income, excluding Deferred Income Taxes

Net Margin

Net Income

Net Income

14

2013 YTD: 25 / 0.9% 2013 YTD: 52 / 1.0%

US$ Million

124 133

254

62

(10)

3.7%4.6%

6.5%

2.9%

-0.3%

2Q12 3Q12 4Q12 1Q13 2Q13

5565

123

30

(5)

3.2%

4.7%6.5%

2.8%

-0.3%

2Q12 3Q12 4Q12 1Q13 2Q13

2,530 2,585

2,157

2,510 2,523

2Q12 3Q12 4Q12 1Q13 2Q13

Inventories

15

US$ Million

(50)(163)

(50)

157

(30)

439

(83)

186

(75)

(125)(55) (58)

(75)(68) (60)

27

(138)

202

(201)

2

2Q12 3Q12 4Q12 1Q13 2Q13

Free Cash Flow

16

2013 YTD: (199) US$ Million

* Net of Financial assets adjustment

Net cash generated (used) by operating activities* 157 (30) 439 (83) 186 103

Additions to property, plant and equipment (75) (50) (163) (50) (125) (175)

Additions to intangible assets (55) (58) (75) (68) (60) (127)

Free Cash Flow 27 (138) 202 (201) 2 (199)

2Q13 YTD132Q12 3Q12 4Q12 1Q13

127 118100

300

180

52

RESEARCH DEVELOPMENT CAPEX

2013 Outlook: US$ 580 Million

Investments

2013 Outlook 2013 YTD

US$ Million

17

2013 YTD: 297

Indebtedness Profile / Net Cash

Long-term Short-term Loans Average Maturity (Years)

Indebtedness Maturity Net Cash – US$ Million

18

US$ 2.22 Billion Total Debt 2Q13 Total Cash 2Q13 US$ 2.28 Billion

84% 85%

22% 17%

78% 83%94%

16% 15%6%

6.1 6.05.8

5.15.4

2Q12 3Q12 4Q12 1Q13 2Q13

290

123

309

9858

2Q12 3Q12 4Q12 1Q13 2Q13

Investor Relations

Phone: +55 12 3927 4404 investor.relations@embraer.com.br

www.embraer.com