EMBRAER EARNINGS RESULTS 2nd QUARTER 2022

HIGHLIGHTS • Firm order backlog ended 2Q22 at US$ 17.8 billion (+US$0.5 billion versus 1Q22). This is the highest quarter backlog post pandemic, driven by solid order activity. Recent announcement of 20 E195-E2 firm order of Porter will be included in 3Q22 backlog. • Reported 2Q22 consolidated gross margin of 22.9% higher than 18.2% reported in 2Q21, with y-o-y improvement in most segments due to product mix, pricing increase and overall operational performance, including tax efficiencies. • Adjusted EBIT and EBITDA were US$ 81.2 million and US$ 124.6 million, respectively, yielding Adjusted EBIT margin of 8.0% and Adjusted EBITDA margin of 12.2%. • In 2Q22, Embraer reported Adjusted Net Income (excluding deferred taxes and special items) of US$ 39.4 million and Earnings per Share of US$ 0.40. • Free cash flow (FCF) in 2Q22 was a surplus of US$ 91.2 million, representing a significant improvement compared to the US$ 45.1 million in FCF in 2Q21, supported by divestment of Évora's facilities and EVE's IPO offset by working capital needs and liability management strategy. • The Company finished the quarter with net debt of US$ 1.198 billion, or US$ 0.255 billion less than 1Q22 in line with the strategy to improve our capital structure and liability management. • We reaffirm all aspects of our 2022 financial and deliveries guidance, with no material variation. MAIN FINANCIAL INDICATORS São Paulo, Brazil, August 4, 2022 - (B3: EMBR3, NYSE: ERJ). The Company's operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented in this document as of and for the quarters ended June 30, 2022 (2Q22), March 31, 2022 (1Q22), December 31, 2021 (4Q21) and June 30, 2021 (2Q21), are derived from the unaudited financial statements, except annual financial data and where otherwise stated. REVENUES AND GROSS MARGIN Consolidated revenues of US$ 1,018.9 million in 2Q22 represent a decrease of 9.9% y-o-y mostly driven by lower deliveries in Commercial and Defense & Security and partially offset by higher revenues in Services & Support.  Commercial Aviation reported revenue reduction of 23% y-o-y of US$ 299.9 million due to lower aircraft deliveries in the quarter. Reported 2Q22 consolidated gross margin from Commercial Aviation of 13.2% higher than 4.5 % reported in 2Q21.  Executive Aviation 2Q22 revenues were US$ 266.7 million, which is 0.2% higher y-o-y. Reported 2Q22 gross margin from Executive Aviation of 22.1% higher than 17.5% reported in 2Q21 due to higher y-o-y prices.  Defense & Security reported revenue fall of 28% to US$ 126.6 million, mainly impacted by less Super Tucano deliveries and revenues in 2Q22 compared to 2Q21. Reported 2Q22 gross margin from Defense & Security of 28.0% lower than 34.6% reported in 2Q21.  Services & Support reported revenues of US$ 320.1 million, representing y-o-y growth of 7.4%. It continues to show solid recovery as airlines and executive jets operators' flight activities are recovering from the pandemic peak in 2020. Reported 2Q22 gross margin from Service & Support of 31.8% higher than 28.3% reported in 2Q21. Reported 2Q22 consolidated gross margin of 22.9% higher than 18.2% reported in 2Q21, with the y-o-y improvement in most segments, especially in the Commercial, Executive Aviation and Services & Support. EBIT AND ADJUSTED EBIT In 2Q22, the Company's reported results as summarized in the table below. Excluding these special items, 2Q22 Adjusted EBIT was US$ 81.2 million and Adjusted EBIT margin was 8.0%, compared to Adjusted EBIT of US$ 104.7 million and Adjusted EBIT margin of 9.3% in 2Q21. Strong recovery Adjusted EBIT in 2Q22 as compared to 1Q22 was driven by better production, cost and price efficiency in Commercial and Executive Aviation, that led to increase in revenues and gross margin. NET INCOME (LOSS) Net profit attributable to Embraer shareholders and earnings per ADS for 2Q22 were US$ 74.2 million and US$ 0.40, respectively, compared to US$ 87.9 million in net income attributable to Embraer shareholders and US$ 0.48 in Earnings per ADS in 2Q21. Note: reported net income is explained above and adjusted net income can be seen below at the chart. BALANCE SHEET ACCOUNTS DEBT & LIABILITY MANAGEMENT Embraer ended 2Q22 with a net debt position of US$ 1.2 billion, compared to US$ 1.5 billion q-o-q and US$ 1.8 billion y-o-y. The decrease in the Company's net debt position q-o-q is a result of cash usage and payment of all 2022 balance of Embraer's bond and repurchase of 2025, 2027 and 2028 bonds. Liquidity position decreased to US$ 1.96 billion, from the US$ 2.10 billion in 1Q22, with payment of US$ 396.8 million of short and long-term debt. The average loan maturity of 2Q22 was maintained at 3.8 years. The cost of Dollar-denominated loans in 2Q22 was 5.30% p.a., in line with the 5.20% p.a. cost in 1Q22, while the cost of Brazilian Real denominated loans increased to 7.32% p.a. in 2Q22 compared to 6.39% in 1Q22, due to the increase in the reference rate. FREE CASH FLOW Adjusted free cash flow for 2Q22 was US$ 91.2 million, a significant improvement compared to US$ 45.1 million reported in 2Q21 due to working capital optimization, in light of production ramp-up and divestment of Évora's facilities. Free cash flow resources offset part of US$ 396.8 million bond repurchase and loans payment in the quarter. As reference, EVE's US GAAP cash flow amounted to US$162 million in the first half, for more details EVE publishes its results on the same day on New York Stock Exchange. CAPEX Net additions to total PP&E for 2Q22 were US$ 31.6 million. Of the total 2Q22 value, Capex amounted to US$ 12.6 million, and pool program spare parts represented US$ 19.3 million of total figures, partially offset by US$ (0.3) million of proceeds from the sale of PP&E. In 2Q22, Embraer invested a total of US$ 26.4 million in product development, mainly related to TP program. WORKING CAPITAL Aligned with the Company's planned ramp-up of deliveries in the coming quarters, working capital was impacted by an increase in inventory's work-in-progress. Several working capital initiatives resulted in a positive YTD free cash flow, considering 2/3 of annual revenue planned for the second semester. TOTAL BACKLOG Firm order backlog reached US$ 17.8 billion in 2Q22, representing an increase of 12% and 2.9% compared to 2Q21 and 1Q22, respectively, reaching the highest backlog post pandemic, not accounting for the 20 firm orders for Porter in July22. COMMERCIAL AVIATION In 2Q22, Embraer delivered 11 commercial jets, as shown below: Embraer delivered 8 Embraer 175 to SkyWest and 3 Embraer 195-E2 to Aircastle and ICBC. In the 2Q22, NAC was announced as the E-Jets Freighter launch lessor, after signing an LOI of up to 10 P2F conversions and additional undisclosed customer signed a firm order of up to 10 P2F conversions. Embraer and Pratt & Whitney successfully tested a GTF-powered E195-E2 aircraft on 100% SAF, the first step in the certification process to maximize emission reduction with the use of Sustainable Aviation Fuels. Unit backlog and cumulative deliveries for Commercial Aviation at the end of 2Q22 were as follows: EXECUTIVE AVIATION Executive Aviation delivered 21 aircraft (12 light and 9 mid-size jets) in the second quarter 2022. Deliveries were higher than 2Q21 and sales continued strong in the quarter with sales orders exceeding prior year levels. The book-to-bill ratio remains above 2.5 to 1, the highest in the industry. Growth in the light and mid-sized business jet segments continues. Embraer Executive Aviation is well positioned to capitalize on this growth, with strong product performance and increased customer demand. DEFENSE & SECURITY As of 2Q22, there are four units of C-390 Millennium in the production line destined to the Brazilian Air Force (FAB), two units to the Portuguese Air Force and one to the Hungarian Defense Forces. With regards to ongoing sales campaigns, Embraer was honored by the Netherlands Ministry of Defense's (MoD) decision of selecting the C-390 Millennium as a sole source in its project "Replacement Capacity Tactical Airlift". In our cybersecurity business, Tempest continues to show strong growth, with more than twice revenue when compared 2Q22 vs 2Q21 and representing a year-to-date growth of more than 60% compared to the first half of 202 SERVICES & SUPPORT Growth of Services and Support is based on the expansion of the sale of materials (parts and support to special programs). This is due to higher aircraft fleet usage of the Commercial and Executive aviation, because of the recovery from the adverse impact of the COVID-19 pandemic. The main drivers for the Commercial Aviation services were in Pool Program and components. Highlights are shed on a new long-term and significant agreement extension signed with Intel for the ERJ fleet. Porter has also made an addition to its E2 fleet in the pool program, now overseeing new components. New long-term agreements also included Eswatini National Airways and Marathon pool agreement. For Executive Jets Services, sales results continue ahead of target with new contracts signed in the first six months of the year. For the Defense market, new temporary support contracts were celebrated with the Brazilian Federal Police for two E175 and with SATENA, bringing new revenue to Embraer Services & Support. Also in the term, the Services & Support Training team assisted the first and successful KC-390 operation for cargo airdrop of supplies at the Brazilian Research Base at Antarctica. RECONCILIATION OF IFRS AND "NON-GAAP" INFORMATION We define Free cash flow as operating cash flow less Additions to property, plant and equipment, Additions to intangible assets, Financial investments and Other assets. Free cash flow is not an accounting measure under IFRS. Free cash flow is presented because it is used internally as a measure for evaluating certain aspects of our business. The Company also believes that some investors find it to be a useful tool for measuring Embraer's cash position. Free cash flow should not be considered as a measure of the Company's liquidity or as a measure of its cash flow as reported under IFRS. In addition, Free cash flow should not be interpreted as a measure of residual cash flow available to the Company for discretionary expenditures, since the Company may have mandatory debt service requirements or other nondiscretionary expenditures that are not deducted from this measure. Other companies in the industry may calculate Free cash flow differently from Embraer for purposes of their earnings releases, thus limiting its usefulness for comparing Embraer to other companies in the industry. EBITDA LTM represents earnings before interest, taxation, depreciation and amortization accumulated over a period of the last 12 months. It is not a financial measure of the Company's financial performance under IFRS. EBIT as mentioned in this press release refers to earnings before interest and taxes, and for purposes of reporting is the same as that reported on the Income Statement as Operating Profit before Financial Income. EBIT and EBITDA are presented because they are used internally as measures to evaluate certain aspects of the business. The Company also believes that some investors find them to be useful tools for measuring a Company's financial performance. EBIT and EBITDA should not be considered as alternatives to, in isolation from, or as substitutes for, analysis of the Company's financial condition or results of operations, as reported under IFRS. Other companies in the industry may calculate EBIT and EBITDA differently from Embraer for the purposes of their earnings releases, limiting EBIT and EBITDA's usefulness as comparative measures. Adjusted EBIT and Adjusted EBITDA are non-GAAP measures, and both exclude the impact of several non-recurring items, as described in the tables bellow. Adjusted Net Income is a non-GAAP measure, calculated by adding Net Income attributable to Embraer Shareholders plus Deferred Income tax and social contribution for the period, as well as removing the impact of non-recurring items. Furthermore, under IFRS for purposes of calculating Embraer's Income Tax benefits (expenses), the Company is required to record taxes resulting from gains or losses due to the impact of the changes in the Real to the US Dollar exchange rate over non-monetary assets (primarily Inventories, Intangibles, and PP&E). It is important to note that taxes resulting from gains or losses over non-monetary assets are considered deferred taxes and are accounted for in the Company's consolidated Cash Flow statement, under Deferred income tax and social contribution. RATIOS BASED ON "NON-GAAP" INFORMATION INVESTOR RELATIONS Leonardo Shinohara, Jose Triques, Caio Moriani and Viviane Pinheiro. (+55 11) 3040-6874 [email protected] ri.embraer.com.br CONFERENCE CALL INFORMATION Embraer will host a conference call to present its 2Q22 Results on: ENGLISH: Thursday, August 4, 2022 at 10:00 AM (SP Time) / 09:00 AM (NY Time). Access Link: https://mzgroup.zoom.us/webinar/register/WN_EsExGKIZTpOBUAtAggVJ9w To participate by Phone: • From Brazil: 55 21 3958 7888 or +55 11 4632 2236 or +55 11 4632 2237 or +55 11 4680 6788 or +55 11 4700 9668. • From U.S.: +1 386 347 5053 or +1 564 217 2000 or +1 646 558 8656 or +1 646 931 3860 or +1 669 444 9171 or +1 720 707 2699 or +1 253 215 8782 or +1 301 715 8592 or +1 312 626 6799 or +1 346 248 7799. • International Phone Numbers available at https://mzgroup.zoom.us/u/kdl6WjpjTv ID: 829 8270 9256 Password: 979255 We recommend you call 20 minutes in advance. THE CONFERENCE CALL WILL ALSO BE BROADCASTED LIVE OVER THE WEB, AT THE ADDRESS: ri.embraer.com.br ABOUT EMBRAER A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales. Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year. Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe. For more information, please visit embraer.com