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Second Annual Investors & Analyst Meeting Maurício Novís Botelho President & CEO Second Annual Investors & Analyst Meeting Maurício Novís Botelho President & CEO

2002* Segundo Encontro Anual Com Analistas E Investidores 2000 & 2001 Em AnáLise

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  • 1. Second Annual Investors & AnalystMeetingMaurcio Novs BotelhoPresident & CEO

2. 2000 in Review July 200020,00 Global Offering (IPO) atNYSE with the launch of theADSs Level III with US$15,0018.50 launch price10,00 5,00 0,00 20.07.0001.09.00 17.10.00 30.11.0012.01.01 28.02.01 11.04.0125.05.01 12.07.01 23.08.01 11.10.0123.11.01 10.01.02 3. 2000 in Review December 200045,00 40,0035,00 30,0025,00 20,00 Singapore Sales Office is15,00inaugurated 10,00 5,000,00 20.07.00 01.09.0017.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02 4. Embraer Singapore Singapore Q Representative office Q Markets aircraft and provides after-sales support Q Inaugurated in December 2000 5. Embraer ChinaBeijing, ChinaQ Representative office located in Beijing, ChinaQ Markets aircraft and provides after-sales supportQ Inaugurated in May 2000 6. Embraer Global PresenceWest Palm Beach -EUALe Bourget - FranaDallas - EUA Weybridge, Reino UnidoFort Lauderdale-EUABeijing - China Cingapura So Jos dos Campos Melbourne- Austrlia BotucatuGavio PeixotoEugnio de Melo 7. 2001 in Review January 200145,00 40,0035,0030,0025,00 20,0015,00American Eagle confirms Six Options for the ERJ 14010,00 5,00 0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 8. 2001 in ReviewJanuary 2 0 0 145,0040,0035,0030,0025,0020,00First Flight of the AEW&C15,00for the Sivam Program 10,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 9. EMB 145 AEW&C Q The AEW&C (Airborne Early Warning & Control)is equipped with astate-of-the -a r t c o m m a n d , c o n t r o l & c o m m u n i c a t i o n s y s t e m Q Five aircraft will be delivered for the SIVAM program and will operatein the Amazon Region Q A derivative of this version has been contracted by the Hellenic AirForce (Greece) 10. EMB 145 RS/AGS Q The EMB 145 RS/AGS was designed to carry out ground surveillance and environmental protection activities in Brazils Amazon regionQ It features an advanced Synthetic Aperture Radar (SAR), capable of providing day/night and all - weather imagery of the ground over large areas, plus other sophisticated sensors 11. 2001 in Review February 200145,0040,0035,0030,0025,00 Mexico signs a contract for one EMB 14520,00AEW&C and two EMB 145 MP.15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 12. EMB 145 MP/ASW Q The EMB 145 MP/ASW, for maritime patrol and anti-submarine warfaremissions, is the latest addition to the highly successful family ofsurveillance and intelligence gathering aircraft based on the ERJ 145regional jetQ It features a maritime and ground surveillance radar plus othersophisticated sensors. 13. 2001 in Review February 200145,0040,0035,0030,0025,0020,00As part of the Brazilian Air Force15,00modernization program, the first two10,00units of the F5 aircraft of the BrazilianAir Force arrived in SJC 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 14. 2001 in ReviewFebruary 2001 45,00 40,00 35,00 30,00 25,00 20,00 400th ERJ 145 serial number 15,00delivered to Crossair 10,005,000,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 15. 2001 in Review M a r c h 200145,0040,0035,0030,0025,0020,00Legacy First Flight15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 16. Legacy Versions Q Executive Q Corporate Shuttle Q Transport for Authorities Q Corporate Jet based on the ERJ 135 Q First delivery scheduled for January 2002 Q 174 units sold (73 firm orders and 97 options - January) 17. 2001 in ReviewM a r c h 200145,00 40,00 35,00 30,00 25,00 20,00 WTO Canada requested a panel agaist15,00 Brazil to verify the Complience of PROEXwith WTO rules 10,005,000,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 18. 2001 in ReviewApril 2 0 0 145,00 40,00 35,0030,00 25,00 20,00 One ERJ 145 option15,00converted by BritishMidland10,00 5,000,0020.07.0001.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.0111.10.01 23.11.01 10.01.02 19. 2001 in Review April 2 0 0 1 50,00 45,00 40,00 35,00 30,00 25,00 Legacy: the first firm order 20,00 received from a BrazilianCustomer 15,00 10,005,000,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 20. 2001 in Review M a y 2001 50,0045,0040,0035,0030,0025,00 ERJ 135: One firm order +20,00 one option by Occitania 15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02 21. 2001 in Review June 200150,0045,0040,0035,0030,0025,0020,00Secondary Offering for US$ 750 MM ADSs priced at US$ 38.9015,00 US$ 300 MM BNDES Exchangeble for ERJs ADSs 10,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 22. 2001 in ReviewJune 200150,0045,0040,0035,0030,0025,00 AEROChain launched during the 44th Paris20,00 Air Show in a partneship with ATR, ORACLE & KPMG Consulting15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 23. eMarketplaceQ MissionQ Transform the way to do businessand communicate within the aviationindustry. Q ObjectivesQ Connect the aviation industry throughthe internet. Q Enable supply chain collaboration andelectronic trade between Embraer,manufacturers, suppliers, andcustomers. Q Offer customers convenient access toa wide range of value added logisticaland technical services, including fleetmanagement, maintenance planning,parts and aircraft service tracking,training, warranty management, andspare parts forecasting. 24. 2001 in Review June 2001 50,00 45,00 40,00 35,00 30,00 25,00 44th Paris Air Show with several 20,00 announcements15,00 10,005,000,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.0112.07.01 23.08.01 11.10.01 23.11.01 10.01.02 25. 44th Paris Air Show Chautaqua Airlines confirmed 28 options for the ERJ 145 to ERJ 140 and orderaed more 25 options Transtates Airlines placed a new order for 10 ERJ 140 and an additional 25 options Brazils TAM airlines signed a M e m o of understanding for the purchase of up to 100 Embraer 170/190 jet family Embraer announced orders of 7 new Legacy business jet 26. 2001 in ReviewJune 200150,0045,0040,0035,0030,0025,00Engineering Specialization20,00 Program: 195 students 15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 27. Aerodynamic Tunnel Q To evaluate the aircraft aerodynamic characteristics E m b r a e r uses thea e r o d y n a m i c t u n n e l o f C T A - Centro Tcnico AeroespacialQ Technological cooperation with Russias T s A G I in aeroelasticity a n daerodynamic tests. 28. Virtual Reality CenterQ Began activities in February/2000Q Provides for visualizing the aircraft structure and systems during the project phase, using electronic modelsQ Reduces the development cycleQ Customers: Q Can follow development Q Can check internal configuration Q Can define certain characteristics 29. Flight Simulator Q The flight simulator is operated by Flight Safety International to train pilots Q Today, 8 simulators are available in different parts of the world 30. Composite MaterialsQ Composite material parts are prepared for cure under controlled conditions of temperature and pressure in a special oven called autoclave Q E m b r a e r s world-class expertise in this field dates back to the 70's 31. 2001 in Review June 200150,0045,0040,0035,0030,0025,0020,005th ERJ 145 delivered toSichuan from China15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 32. 2001 in ReviewJuly 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 ERJ 140 first delivery 15,00 10,005,000,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 33. 2001 in ReviewJuly 200150,0045,0040,0035,0030,0025,0020,0015,00PROEX considered in complience with the WTO rules10,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 34. ERJ 140 Q Regional jet with 44 seats Q 98% commonality with ERJ 135 & ERJ 145 Q The first delivery took place in July 2001 Q 166 units sold 35. 2001 in ReviewAugust 200150,00 Midwest Express signed a45,00contract for 40 ERJ 140s ( 20 firms + 20 options)40,0035,0030,0025,0020,0015,0010,00 5,00 0,0020.07.00 01.09.00 17.10.0030.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 36. 2001 in Review August 200150,0045,0040,0035,0030,0025,00Brazilian Air Force signed a contract20,00for 99 Super Tucano (ALX) - 76 firms and 23 options15,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 37. Super Tucano (ALX) Q High- performance derivativeof the proven EMB 312 TucanoQ S t a t e-of-the -art systems, with glass cockpit and advancedavionicsQ Optimized for advanced training and operationalapplications in hostile environmentsQ 726 units sold, operating in 15 Air Forces(T u c a n o a n d S u p e r T u c a n o m o d e l s ) 38. 2001 in ReviewAugust 2001 50,0045,0040,0035,0030,0025,00 10 Super Tucano ordered fromDominican Republic 20,0015,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 39. 2001 in Review August 200150,00 45,00 40,00 35,00 30,00 25,00 Revision of the deliveries forecast for 2001 from 200 to 185 and for the 20,00year 2002 from 220 to 205 aircraft15,00 10,005,000,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 40. 2001 in ReviewSeptember 2 0 0 150,0045,0040,0035,0030,0025,0020,0015,00September 11th USTerrorist Attacks10,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 41. 2001 in ReviewSeptember 2 0 0 150,00Announcements45,00New delivery forecast: 40,002001: from 185 to 160 2002: from 205 to 13535,00layoff of 14% Embraer's laborforce30,0025,0020,0015,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 42. New Delivery Forecast180160161160 135140 120 961008060 60403220 401996 1997 1998 1999 2000 2001 2002E 43. 2001 in ReviewOctober 2 0 0 150,00 45,00 40,0035,00 30,00 25,00 20,00 WTO Dispute: Canadian EDC (Export15,00 Development Corporation) support to certain 1996 Bombardier's deals were10,00considered illegal 5,000,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 44. 2001 in ReviewOctober 2 0 0 150,0045,0040,0035,0030,0025,0020,0015,00 Gavio Peixotorunway concluded10,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 45. Embraer Gavio PeixotoGavio PeixotoV een eezzu eellaa V n uC o llo m b iiaaCo omb P eerru P u BRAZIL Bolivia Bolivia Pa ccific O cceeaannP aarraag u aay P gu yAtla n tic O cceeaannCh ileCh ilePa ific OS o P a u llo So Pau oAtla ntic O A rrg een ttiin aa A g n nUruguayUruguayQ Located in G a v i o P e i x o t o, BrazilQ Manufacturing facility that will host the final assembly activities of the companys corporate and defense aircraft, as well as a runway for flight testsQ Site area: 4.12 million sq.ft.Q Number of employees: 18Q Start-up of operations in October 2001 46. 2001 in ReviewOctober 2 0 0 150,00EMBRAER 170 Roll Out 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,005,000,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 47. The Jet Family Embraer 170/175/190/195 48. EMBRAER 170 / EMBRAER 175Q Commercial jets with 70 and 78 seatsQ 212 units sold (82 firm orders and 130 options)Q EMBRAER 170 first flight was February 2002Q First deliveries: EMBRAER 170 Dec 2002 QEMBRAER 175 Jun 2004 49. EMBRAER 190 / EMBRAER 195 Q Pressurized commercial jets with a capacity for 98 passengers(EMBRAER 190) or 108 passengers (EMBRAER 195) Q 102 units sold (30 firm orders and 72 options) Q First deliveries: EMBRAER 190 Dec. 2005 EMBRAER 195 Dec. 2004 50. 2001 in ReviewDecember 2001 50,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00Wexford confirmed 8 ERJ5,00 140 options 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 51. 2001 in ReviewDecember 200150,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00 Indigo ordered 25 Firms + 50 Option of Legacy5,00Shuttle version 0,00 20.07.0001.09.00 17.10.00 30.11.00 12.01.01 28.02.0111.04.01 25.05.01 12.07.01 23.08.0111.10.01 23.11.01 10.01.02 52. 2001 in Review December 2001 50,00Embraer the largest45,00 Brazilian Export Companyfor the 3rd Year40,0035,0030,0025,0020,0015,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 53. Trade Balance Contribution(US$ Million) 3.0002.897 2.702 2.500 2.0001.843 US$ Milhes 1.692 1.5001.352 1.1731.178 1.000 881 634469500264220193147 - 9596 97 9899 (*)00 (*) 01 (*)ExportaoImportao(*) Fonte: Decex 54. 2002 January 200250,00 45,00 40,00 35,00 30,00 25,00 20,00 15,00 10,00Begining of the Due Diligence of an MRO (Maintenance Repair and Overhall) Facility in5,00 Nashville -Tenesse0,00 20.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02 55. 2002 February 19, 200250,00 EMBRAER 170 First Flight 45,0040,0035,0030,0025,0020,0015,0010,00 5,00 0,0020.07.00 01.09.00 17.10.00 30.11.00 12.01.01 28.02.01 11.04.01 25.05.01 12.07.01 23.08.01 11.10.01 23.11.01 10.01.02