SECOND QUARTER 2012

RESULTS IN IFRS

July 31, 2012

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

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.

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

3

• Delivery of 35 E-Jets in 2Q12, reaching 858

total deliveries since EIS.

• Embraer sells five more E190s

to China’s Hebei Airlines.

Highlights

• E-Jet flight with renewable jet fuel during

Rio+20 Environment Conference in Brazil.

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

4

• Delivery of 20 executive jets in 2Q12 (17 light jets and 3 large jets).

Highlights

• ICBC Leasing signs 10 aircraft order

for Legacy 650s to be made by HEAI.

• Agreement between Embraer and Avic to

build Legacy 600/650 in Harbin – China.

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

5

• Defense and security 2Q12 revenues increased 33% compared to 2Q11.

Highlights

• Agreements with Boeing to collaborate in the KC-390

and A-29 Super Tucano programs.

• Sale of eight A-29 Super Tucano and a

flight simulator to Indonesian Air Force.

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

6

Revenues by Segment – 2012 Outlook

Commercial aviation: US$ 3.70 – 3.85 Billion

Executive aviation: US$ 1.10 – 1.30 Billion Defense and security: US$ 900 – 950 Million

Embraer: US$ 5.8 – 6.2 Billion

1.176

888996

1.078

760

2Q11 3Q11 4Q11 1Q12 2Q12

261247

149

603

152

2Q11 3Q11 4Q11 1Q12 2Q12

266232

293

189201

2Q11 3Q11 4Q11 1Q12 2Q12

1.717

1.156

2.025

1.3641.359

2Q11 3Q11 4Q11 1Q12 2Q12

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

7

69%61% 64% 67% 63%

17%23% 19% 15% 20%

12% 15% 15% 17% 15%

2% 1% 2% 1% 2%

2009 2010 2011 YTD2012 EST2012

Revenues by Segment

Commercial aviation Executive aviation Others Defense and security

Net Revenues

US$ Billion 5.36 5.80 – 6.20 5.50 5.80 2.87

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

8

15.8 16.0 15.4 14.712.9

2Q11 3Q11 4Q11 1Q12 2Q12

Firm Backlog

US$ Billion

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

9

Net Revenues and Gross Margin

US$ Million R$ Million

Net Revenues Gross Margin

1,359 1,364

2,025

1,156

1,717

22.4%21.2%

22.5% 23.2% 23.6%

2Q11 3Q11 4Q11 1Q12 2Q12

2,169 2,266

3,667

2,049

3,385

22.4%21.2%

22.5% 23.2% 23.6%

2Q11 3Q11 4Q11 1Q12 2Q12

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

10

109 103 114 109

64 6972 71

75

119

2Q11 3Q11 4Q11 1Q12 2Q12

SG&A Expenses

280

334 172

186 194

173

382

277

Selling Expenses G&A Expenses

180 318

US$ Million R$ Million

174 167205 192

103 113

129126

148

234

2Q11 3Q11 4Q11 1Q12 2Q12

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

11

Income from Operations

EBIT EBIT Margin

US$ Million R$ Million

212

(15)

153169

390

7.8%9.4%

-0.4%

7.5%

11.5%

2Q11 3Q11 4Q11 1Q12 2Q12

124

(6)

86106

197

7.8%9.1%

-0.3%

7.4%

11.5%

2Q11 3Q11 4Q11 1Q12 2Q12

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

12

EBITDA

EBITDA EBITDA Margin

US$ Million R$ Million

153188

59

148

265

11.3%

13.8%

2.9%

12.8%

15.4%

2Q11 3Q11 4Q11 1Q12 2Q12

250311

101

264

524

11.5%

13.7%

2.8%

12.9%

15.5%

2Q11 3Q11 4Q11 1Q12 2Q12

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

13

10.9%

369

Net Margin

Net Income

Net Income

US$ Million R$ Million

96

2

-92

63 54

7.1%

0.1%

-4.5%

5.4%

3.2%

2Q11 3Q11 4Q11 1Q12 2Q12

154

0

-172

111 115

7.1%

0.0%

-4.7%

5.4%

3.4%

2Q11 3Q11 4Q11 1Q12 2Q12

Adjusted Net Income, excluding deferred income taxes

10.9%

187

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

14

Inventories / Free Cash Flow

Free Cash Flow Inventories

US$ Million US$ Million

Free cash flow

Additions to PP&E

Net cash generated (used) by operating activities*

Additions to Intangible

* Net of Financial assets adjustment

2,6972,872

2,288

2,6522,530

2Q11 3Q11 4Q11 1Q12 2Q12

105

(70)

155

(73) (77)

(40)

(76)

414

20

(93)

(55)(65)

(60)(60)(50)

25

(174)

277

(112)(38)

2Q11 3Q11 4Q11 1Q12 2Q12

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

15

Investments

2012 Outlook YTD 2012

11984100

350

200

31

RESEARCH DEVELOPMENT CAPEX

US$ Million

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

16

Indebtedness Profile / Net Cash

Long-term Short-term

Loans Average Maturity (Years)

Indebtedness Maturity

US$ 2.16 Billion Total Debt 2Q12 Total Cash 2Q12 US$ 2.45 Billion

85%74%

13%26%

87% 74%78%

15%26%

22%

5.0

4.54.8

4.2

6.1

2Q11 3Q11 4Q11 1Q12 2Q12

406

193

446

302 290

2Q11 3Q11 4Q11 1Q12 2Q12

Net Cash

US$ Million

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

17

2012 Outlook

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

18

EBIT

EBIT margin

2012 Outlook Revision

EBITDA

EBITDA margin

US$ 670 – 780 Million

11.5% – 12.5%

8.0% – 8.5%

US$ 460 – 530 Million

9.0% – 9.5%

US$ 520 – 590 Million

US$ 720 – 840 Million

12.5% – 13.5%

Current Outlook New Outlook

This information is the property of Embraer and cannot be used or reproduced without written consent. Investor Relations

19

Investor Relations

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

www.embraer.com