<SEC-DOCUMENT>0001292814-21-004638.txt : 20211201
<SEC-HEADER>0001292814-21-004638.hdr.sgml : 20211201
<ACCEPTANCE-DATETIME>20211201063646
ACCESSION NUMBER:		0001292814-21-004638
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20211231
FILED AS OF DATE:		20211201
DATE AS OF CHANGE:		20211201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMBRAER S.A.
		CENTRAL INDEX KEY:			0001355444
		STANDARD INDUSTRIAL CLASSIFICATION:	AIRCRAFT [3721]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15102
		FILM NUMBER:		211461316

	BUSINESS ADDRESS:	
		STREET 1:		AV. BRIGADEIRO FARIA LIMA 2170
		CITY:			SAO JOSE DOS CAMPOS
		STATE:			D5
		ZIP:			12227901
		BUSINESS PHONE:		551239274404

	MAIL ADDRESS:	
		STREET 1:		AV. BRIGADEIRO FARIA LIMA 2170
		CITY:			SAO JOSE DOS CAMPOS
		STATE:			D5
		ZIP:			12227901

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Embraer - Empresa Brasileira de Aeronautica S.A.
		DATE OF NAME CHANGE:	20070329

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Embraer - Empresa Brasileira de Aeron?utica S.A.
		DATE OF NAME CHANGE:	20070329

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EMPRESA BRASILEIRA DE AERONAUTICA S.A.
		DATE OF NAME CHANGE:	20060403
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>embraer20211130_6k1.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="font: 18pt/150% Times New Roman, Times, Serif; margin: 4pt 0 0"><B>____________________________________________________</B></P>

<P STYLE="font: 18pt/150% Times New Roman, Times, Serif; margin: 4pt 0 0; text-align: center"><B>UNITED STATES </B></P>

<P STYLE="font: 18pt/150% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549 </B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">_______________________</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>FORM 6-K </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">__________________________________</P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>Report of Foreign Private Issuer </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Pursuant to Rule 13a-16 or 15d-16 </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 0; text-align: center"><B>under the Securities Exchange Act of 1934 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>For the month of November 2021</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center"><B>Commission File Number: 001-15102 </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">__________________________________</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center"><B>Embraer S.A. </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">__________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>Avenida Dra. Ruth Cardoso,
8501,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-right: 0; margin-left: 0"><B>30th floor (part), Pinheiros,
S&atilde;o Paulo, SP, 05425-070, Brazil</B></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(Address of principal executive offices) </B></P>

<P STYLE="font: 12pt/150% Times New Roman, Times, Serif; margin: 6pt 0 0; text-align: center">__________________________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0">Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: center">Form 20-F <FONT STYLE="font-family: Wingdings">x</FONT>
Form 40-F <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0">Indicate by check mark if the registrant is submitting the Form
6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">&nbsp;<IMG SRC="embraer202111306k1_002.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P></DIV>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: bold 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">EMBRAER S.A.</P>

<P STYLE="font: bold 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Publicly Held Company</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CNPJ/ME no. 07.689.002/0001-89</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>NIRE 35.300.325.761</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: bold 11pt/16pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">MINUTES OF THE EXTRAORDINARY SHAREHOLDERS&rsquo;
MEETING</P>

<P STYLE="font: bold 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">HELD ON NOVEMBER 30, 2021</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Date, Time and Place</U></B>: On November
30, 2021, at 10:30 am, (&ldquo;<U>Company</U>&rdquo; or &ldquo;<U>Embraer</U>&rdquo;), exclusively by digital means, through the Microsoft
Teams electronic platform, pursuant to CVM Instruction No. 481/2009, as amended (&ldquo;<U>ICVM 481</U>&rdquo;), deemed to have been held
at the Company's headquarters, in the city of S&atilde;o Jos&eacute; dos Campos, State of S&atilde;o Paulo, at Avenida Brigadeiro Faria
Lima 2170, Building F-100.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Previous Publications</U></B>: First call
notice published in the editions of October 29<SUP>th</SUP>, 30<SUP>th</SUP> and November 4<SUP>th</SUP>, 2021, of the Official Gazette
of the State of S&atilde;o Paulo (pages 22, 23 and 29), and in the newspapers <I>O Vale</I> (pages 4 ,10 and 6) and <I>Valor Econ&ocirc;mico</I>
(pages A14, A10 and A12).</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Composition of the Presiding Table</U></B>:
The Chairman of the Company&rsquo;s Board of Directors, Alexandre Gon&ccedil;alves Silva, in accordance with Section 23 of the Bylaws,
assumed the chairmanship of the Shareholders&rsquo; Meeting, having invited the Executive Vice-President, General Counsel &amp; Chief
Compliance Officer, Fabiana Klajner Leschziner, to act as secretary of the meeting and, to compose the presiding table, the President
and Chief Executive Officer, Francisco Gomes Neto and the Executive Vice President, Finance and Investor Relations, Antonio Carlos Garcia.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Attendance</U></B><FONT STYLE="color: black">:
</FONT><FONT STYLE="color: windowtext">Shareholders representing </FONT><FONT STYLE="color: black">53,4% </FONT><FONT STYLE="color: windowtext">of
the Company's capital stock were present, as evidenced</FONT> <FONT STYLE="color: black"><B>(i)</B></FONT> <FONT STYLE="color: windowtext">by
the attendances registered by means of the electronic platform made available by the Company, pursuant to ICVM 481, and</FONT> <FONT STYLE="color: black"><B>(ii)</B></FONT>
<FONT STYLE="color: windowtext">by the valid distance voting ballots received through the B3 Central Depository, the bookkeeping agent
for the shares issued by the Company and directly by the Company, in accordance with CVM regulations</FONT><FONT STYLE="color: black">.
The meeting was also attended by Ivan Mendes do Carmo, as representative of the Fiscal Council, and by Mr. Rafael Alvim Guimar&atilde;es,
as representative of </FONT><FONT STYLE="color: windowtext">Pricewaterhousecoopers Auditores Independentes</FONT><FONT STYLE="color: black">.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Initial Clarifications</U></B>: Initially,
the Chairman of the Meeting reminded those present of the mechanism set forth in the Bylaws.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Agenda</U></B><FONT STYLE="color: black">:
To analyze and resolve on: </FONT></P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/16pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">the terms and conditions of the
&quot;Protocol and Justification for Partial Spin-off of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., with transfer of the
spun-off portion to Embraer S.A.&rdquo; (&ldquo;<U>Protocol and Justification</U>&rdquo;), entered into by the management of the Company
and its wholly-owned subsidiary Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A. on October 28, 2021 (&ldquo;<U>Yabor&atilde;</U>&rdquo;
and &ldquo;<U>Transaction</U>&rdquo;, respectively); </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/16pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/16pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">the ratification of the engagement
of specialized company Pricewaterhousecoopers Auditores Independentes, enrolled with the Corporate Taxpayers&rsquo; Registry (CNPJ/ME)
under no. 61.562.112/0011-00 (&ldquo;<U>PwC</U>&rdquo;), to prepare the appraisal report on the spun-off portion of Yabor&atilde; to be
transferred to the Company, at book value, based on Yabor&atilde;'s balance sheet prepared as of July 31, 2021 (&ldquo;<U>Appraisal Report</U>&rdquo;);
</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/16pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/16pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">the Appraisal Report; </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/16pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/16pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">the Transaction, under the terms
and conditions set forth in the Protocol and Justification, without capital increase or issuance of new shares, effective as of January
1, 2022; and</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/16pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/16pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">the granting of authorization
for the Company's management to perform any acts required for the implementation of the Transaction, as well as ratification of the acts
that have already been performed.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Reading of Documents, Receipt of Votes,
Drawing up and Publication of the Minutes</U></B> : As proposed by the Board, <B>(i)</B> the reading of the Call Notice and the Manual
and Management&rsquo;s Proposal was waived, as they are fully known to the shareholders, as well as the reading of the consolidated voting
map of the remote votes, adjusted after application of the voting limitation rules pursuant to the Company's Bylaws, which has been published
by the Company; and <B>(ii)</B> it is hereby recorded that the minutes of this Meeting shall be drawn up in summary form, in accordance
with the provisions of Paragraph 1 of Article 130 of Law 6,404/76 (&ldquo;<U>Brazilian Corporations Law</U>&rdquo;). In addition, the
publication of the minutes of this Meeting omitting the signatures of the shareholders in attendance, pursuant to Paragraph 2 of Article
130 of Law 6,404/76, was approved. This proposal received 15.709.565 approvals, no abstentions and no rejections.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Resolutions</U></B>: After analyzing and
discussing the matters included in the Agenda, the Shareholders resolved:</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">to approve the terms and conditions
of the Protocol and Justification, which is attached hereto as <B><U>Annex I</U></B>. This proposal received 85.727.587 approvals, 35.562
abstentions and 10.689 rejections;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">to ratify the engagement of PwC
to prepare the Appraisal Report. This proposal received 85.727.361 approvals,36.109 abstentions and 10.369 rejections;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">to approve, after analysis and
discussion, the Appraisal Report, which determined the shareholders&rsquo; equity of Yabor&atilde;, at book value, for purposes of the
Transaction, based on the balance sheet prepared on the reference date of July 31, 2021, prepared in functional currency and converted
to reais on the balance sheet date, in accordance with applicable accounting standards, attached to the aforementioned Protocol and Justification
as Annex 2.2, noting that PwC&rsquo;s representative, who was present at the meeting, was available to provide the shareholders with all
necessary clarifications with respect to the Appraisal Report. Regarding the appraisal report&rsquo;s preparation requirement set forth
in Article 264, Paragraph 1, of the Brazilian Corporations Law, it was clarified that, at a meeting held on 02.15.2018, in the scope of
SEI proceeding no. 19957.011351/2017-21, the Collegiate of the Brazilian Securities and Exchange Commission unanimously decided that the
aforementioned article is not applicable to the merger of a wholly-owned subsidiary into a publicly held parent company, since, due to
the inexistence of non-controlling shareholders in the mergee, the essential condition set forth in such provision would not be present.
Therefore, for the purposes of transfer of the spun-off portion of Yabor&atilde; to the Company, the aforementioned appraisal report&rsquo;s
preparation requirement is not applicable. This proposal received 80.404.512 approvals, 37.130 abstentions and 11.402 rejections; </FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">to approve the Transaction, with
no joint and several liability between the Company and Yabor&atilde;, as permitted by the sole paragraph of article 233 of the Brazilian
Corporations Law, effective as of January 1, 2022, under the terms and conditions established in the Protocol and Justification. It was
clarified that <B>(i)</B> since the Company is Yabor&atilde;&rsquo;s sole shareholder and Yabor&atilde;&rsquo;s shareholders&rsquo; equity
is already fully reflected in the Company&rsquo;s shareholders&rsquo; equity, as a result of application of the equity method, there will
be no increase in the Company&rsquo;s capital or issuance of new shares as a result of the transfer of Yabor&atilde;&rsquo;s spun-off
portion to the Company; <B>(ii)</B> pursuant to the Brazilian Corporations Law, the Transaction shall not give rise to any appraisal rights;
<B>(iii)</B> the Fiscal Council issued, on October 27, 2021, a favorable opinion on the Transaction. This proposal received 85.721.536
approvals, 37.130 abstentions and 15.172 rejections;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 21.3pt; text-align: justify; text-indent: -21.3pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">to authorize the Company's
                                                                                                                                           management to perform any acts required for the implementation of the Transaction, as well as ratify the acts that have already been performed. This proposal received
85.715.544 approvals, 39.011 abstentions and 19.284 rejections.</FONT></TD></TR></TABLE>


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<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0 0 0 21.3pt; text-align: justify"></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Closing</U>:</B> There being no further
matters to discuss, the Chairman thanked everyone for their presence and adjourned the meeting for the drafting of these minutes, which,
after being approved, were considered signed by the shareholders whose distance voting ballot were deemed valid by the Company and by
the shareholders who registered their attendance through the electronic platform made available by the Company, in accordance with ICVM
481.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">S&atilde;o Jos&eacute; dos Campos, November 30,
2021</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Alexandre Gon&ccedil;alves Silva</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Chairman</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Fabiana Klajner Leschziner</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Secretary</P>


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<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Present Shareholders:</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">Alexandre Gon&ccedil;alves Silva</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CIEMB &ndash; Clube de Investimentos dos Empregados da Embraer</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">P.P.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">Alexandre Magalh&atilde;es Filho</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">Emillio Kazunoli Matsuo</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BEST INVESTMENT CORPORATION</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">IT NOW IBOVESPA FUNDO DE &Iacute;NDICE</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">IT NOW IGCT FUNDO DE INDICE</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">IT NOW PIBB IBRX-50 FUNDO DE &Iacute;NDICE</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITAU CAIXA ACOES FI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITAU FTSE RAFI BRAZIL 50 CAPPED INDEX FIA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITAU GOVERNANCA CORPORATIVA ACOES FI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITAU IBOVESPA ATIVO MASTER FIA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITAU INDEX ACOES IBRX FI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; ASGARD A&Ccedil;&Otilde;ES FUNDO DE INVESTIMENTO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; ASGARD INSTITUCIONAL A&Ccedil;&Otilde;ES FUNDO DE INVESTIMENTO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; A&Ccedil;&Otilde;ES DIVIDENDOS FI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; HUNTER TOTAL RETURN MULTIMERCADO FI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; IBRX ATIVO MASTER FIA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; INDEX A&Ccedil;&Otilde;ES IBOVESPA FI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; PREVID&Ecirc;NCIA IBRX FIA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ITA&Uacute; QUANTAMENTAL GEMS MASTER A&Ccedil;&Otilde;ES FUNDO DE INVESTIMENTO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">QUANTAMENTAL HEDGE MASTER FUNDO DE INVESTIMENTO MULTIMERCADO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">JPMORGAN CHASE BANK</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Shareholders who voted at the Extraordinary Shareholder&rsquo;s
Meeting by distance voting ballots</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BNDES PARTICIPA&Ccedil;&Otilde;ES S.A. BNDESPAR</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">TEMPO CAPITAL PRINCIPAL FUNDO DE INVESTIMENTO DE A&Ccedil;&Otilde;ES</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">REID S BAUMAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">LEGAL AND GENERAL ASSURANCE PENSIONS MNG LTD</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CITY OF LOS ANGELES FIRE AND POLICE PENSION PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BRANDES GLOBAL EQUITY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BRANDES GLOBAL SMALL CAP EQUITY FUND</P>


<!-- Field: Page; Sequence: 6 -->
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    <!-- Field: /Page -->

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">DIMENSIONAL EMERGING MKTS VALUE FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EMPLOYEES RET SYSTEM OF THE STATE OF HAWAII</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">IBM 401 (K) PLUS PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">IRISH LIFE ASSURANCE PLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MANAGED PENSION FUNDS LIMITED</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NORGES BANK</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF NEW MEX</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">PUBLIC EMPLOYES RET SYSTEM OF MISSISSIPPI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SOUTHERN CAL ED C N F Q C DC MT S ON P VD N G</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STATE ST GL ADV TRUST COMPANY INV FF TAX EX RET PLANS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE DFA INV T CO ON BEH ITS S THE EM SLL CAPS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ACADIAN EMEMRGING MARKETS EQUITY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CAISSE DE DEPOT ET PLACEMENT DU QUEBEC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FLORIDA RETIREMENT SYSTEM TRUST FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BLACKROCK ADVANTAGE GLOBAL FUND INC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STATE OF ALASKA RETIREMENT AND BENEFITS PLANS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">RUSSELL INVESTMENT COMPANY PUBLIC LIMITED COMPANY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">I.A.M. NATIONAL PENSION FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">LOS ANGELES COUNTY EMPLOYEES RET ASSOCIATION</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ALASKA ELECTRIAL PENSION PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INVESTEC GLOBAL STRATEGY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STICHTING PENSIOENFONDS VAN DE ABN AMRO BK NV</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">1199 HEALTH CARE EMPLOYEES PENSION FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BRANDES INSTITUTIONAL EQUITY TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BRANDES INVESTMENT FUNDS PLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FORD MOTOR CO DEFINED BENEF MASTER TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INTERNATIONAL MONETARY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE BOARD OF.A.C.E.R.S.LOS ANGELES,CALIFORNIA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">UTAH STATE RETIREMENT SYSTEMS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE REGENTS OF THE UNIVERSITY OF CALIFORNIA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EMER MKTS CORE EQ PORT DFA INVEST DIMENS GROU</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ALASKA PERMANENT FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CITY OF NEW YORK GROUP TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BLACKROCK LIFE LIMITED - DC OVERSEAS EQUITY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">OPSEU PENSION PLAN TRUST FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES PUBLIC LIMITED COMPANY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">KAISER FOUNDATION HOSPITALS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BRANDES INVESTMENT PARTNERS, LP 401(K) PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CHEVRON UK PENSION PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SUNSUPER SUPERANNUATION FUND</P>


<!-- Field: Page; Sequence: 7 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">&nbsp;<IMG SRC="embraer202111306k1_002.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Cont. of the Minutes of the ESM of Embraer S.A. held on November 30, 2021</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SPDR SP EMERGING MARKETS ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NATIONAL RAILROAD RETIREMENT INVESTMENT TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VIRGINIA RETIREMENT SYSTEM</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">JOHN HANCOCK FUNDS II EMERGING MARKETS FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">JOHN HANCOCK VARIABLE INS TRUST EMERGING MARKETS VALUE TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BARCLAYS MULTI-MANAGER FUND PUBLIC LIMITED COMPANY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">IVESCO FTSE RAFI EMERGING MARKETS ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES MSCI EMERGING MARKETS SMALL CAP ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SCHWAB FUNDAMENTAL EMERGING MARKETS LARGE COMPANY INDEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">COLLEGE RETIREMENT EQUITIES FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EATON VANCE COLLECTIVE INVESTMENT TFE BEN PLANS EM MQ EQU FD</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EATON VANCE INT (IR) F PLC-EATON V INT (IR) PAR EM MKT FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SSGATC I. F. F. T. E. R. P. S. S. M. E. M. S. C. I. S. L.F.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD TOTAL WORLD STOCK INDEX FUND, A SERIES OF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE BANK OF NEW YORK MELLON EMP BEN COLLECTIVE INVEST FD PLA</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES III PUBLIC LIMITED COMPANY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NTGI-QM COMMON DAC WORLD EX-US INVESTABLE MIF - LENDING</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">AMERICAN HEART ASSOCIATION, INC.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ST ST MSCI EMERGING MKT SMALL CI NON LENDING COMMON TRT FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ACADIAN EMERGING MARKETS EQUITY II FUND, LLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">LVIP BLACKROCK ADVANTAGE ALLOCATION FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STICHTING PGGM DEPOSITARY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MISSOURI LOCAL GOVERNMENT EMPLOYEES RETIREMENT SYSTEM</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">KAISER PERMANENTE GROUP TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SCHWAB EMERGING MARKETS EQUITY ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">DRIEHAUS INTERNATIONAL SMALL CAP G FD, A SE DRIEHAUS M FNDS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE BANK OF N. Y. M. (INT) LTD AS T. OF I. E. M. E. I. F. UK</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INVESCO MARKETS III PLC - INVESCO FTSE RAFI ALL-WORLD 3000 U</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INVESCO MARKETS III PLC - INV FTSE RI EMERGING MARK U ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">UPS GROUP TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES MSCI BRAZIL SMALL CAP ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">LEGAL GENERAL GLOBAL EMERGING MARKETS INDEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CUSTODY B. OF J. LTD. RE: STB D. E. E. F. I. M. F.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NEW ENGLAND TEAMSTERS AND TRUCKING INDUSTRY PENSION PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EATON VANCE RICHARD BERNSTEIN EQUITY STRATEGY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">QIC INTERNATIONAL EQUITIES FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FIRST TRUST BRAZIL ALPHADEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SSGA SPDR ETFS EUROPE I PLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ADVANCED SERIES TR - AST BLACKROCK GL STRATEGIES PORTFOLIO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">TEXAS MUNICIPAL RETIREMENT SYSTEM</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">HARTFORD EMERGING MARKETS EQUITY FUND</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">&nbsp;<IMG SRC="embraer202111306k1_002.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Cont. of the Minutes of the ESM of Embraer S.A. held on November 30, 2021</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P></DIV>
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<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MIP ACTIVE STOCK MASTER PORTFOLIO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND LLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES EMERGING MARKETS FUNDAMENTAL INDEX ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GOLDMAN SACHS FUNDS II - GOLDMAN SACHS GMS EMERGING MARKETS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD FUNDS PUBLIC LIMITED COMPANY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BRANDES INTERNATIONAL SMALL CAP EQUITY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MERCER QIF FUND PLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FIRST TRUST EMERGING MARKETS SMALL CAP ALPHADEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">WATER AND POWER EMPLOYEES RETIREMENT PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BNYM MELLON CF SL ACWI EX-U.S.IMI FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FIDELITY RUTLAND SQUARE TRUST II: STRATEGIC A E M FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES CORE MSCI EMERGING MARKETS ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES CORE MSCI TOTAL INTERNATIONAL STOCK ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SCOTTISH WIDOWS INVESTMENT SOLUTIONS FUNDS ICVC- FUNDAMENTAL</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">COMMONFUND EM QUANTITATIVE FOCUS FUND, LLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SCHWAB FUNDAMENTAL EMERG0ING MARKETS LARGE COMPANY INDEX ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARR. CAP. IRE. LTD FAOBO ARR. GL. EQ. (GBP) CCF, A SF OACCF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARROW. CAP. IR. LTD FAOBO ARR. GL. EQ. CCF, ASFOTA CCF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STATE STREET IRELAND UNIT TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NORTHERN TRUST COLLECTIVE EAFE SMALL CAP INDEX FUND-NON LEND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ST STR MSCI ACWI EX USA IMI SCREENED NON-LENDING COMM TR FD</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">JPMORGAN DIVERSIFIED RETURN EMERGING MARKETS EQUITY ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STATE STREET GLOBAL ALL CAP EQUITY EX-US INDEX PORTFOLIO</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">WISDOMTREE ISSUER ICAV</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">WISDOMTREE EMERGING MARKETS EX-STATE-OWNED ENTERPRISES FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">PIMCO EQUITY SERIES: PIMCO RAE EMERGING MARKETS FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">PIMCO RAE EMERGING MARKETS FUND LLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GOLDMAN SACHS TRUST II- GOLDMAN SACHS MULTI-MANAGER G E FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BLACKROCK STRATEGIC FUNDS - BLACKROCK SYSTEMATIC GLOBAL E F</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE BOARD OF THE PENSION PROTECTION FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FUNDAMENTAL LOW V I E M EQUITY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FIDELITY SALEM STREET T: FIDELITY TOTAL INTE INDEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES IV PUBLIC LIMITED COMPANY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">AQR EMERGING SMALL CAP EQUITY FUND, L.P.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CITY OF MILWAUKEE DEFERRED COMPENSATION PLAN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD INV FUNDS ICVC-VANGUARD FTSE GLOBAL ALL CAP INDEX F</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MINISTRY OF ECONOMY AND FINANCE</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">TIAA-CREF QUANT INTER SMALL-CAP EQUITY FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CITITRUST LTD A T VANG FDS S - VANGUARD MODERATE GROWTH FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CITITRUST LIM AS TR OF BLACK PREMIER FDS- ISH WOR EQU IND FD</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARROWSTREET CAPITAL GLOBAL ALL COUNTRY ALPHA EXTENSION FUND</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CDN ACWI ALPHA TILTS FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EMERGING MARKETS ALPHA TILTS-ENHANCED FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EMERGING MARKETS SMALL CAPITALIZATION EQUITY INDEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EMERGING MARKETS SMALL CAPIT EQUITY INDEX NON-LENDABLE FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">EMERGING MARKETS SMALL CAPITALIZATION EQUITY INDEX FUND B</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GLOBAL ALPHA TILTS FUND A</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GLOBAL ALPHA TILTS FUND B</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GLOBAL EX-US ALPHA TILTS FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GLOBAL EX-US ALPHA TILTS FUND B</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">LEGAL GENERAL SCIENTIFIC BETA EMERGING MARKETS FUND, LLC</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INVESCO PUREBETASM FTSE EMERGING MARKETS ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FRANKLIN LIBERTYSHARES ICAV</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">RELIANCE TRUST INSTITUTIONAL RETIREMENT TRUST SERI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">THE INCUBATION FUND, LTD.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FRANKLIN TEMPLETON ETF TRUST - FRANKLIN FTSE BRAZI</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD EMERGING MARKETS STOCK INDEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">COLONIAL FIRST STATE INVESTMENT FUND 50</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">PARAMETRIC TMEMC FUND, LP</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MACKENZIE EMERGING MARKETS SMALL CAP MASTER FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">TRUSTEES OF BOSTON UNIVERSITY</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MACKENZIE EMERGING MARKETS SMALL CAP FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARROWSTREET ACWI ALPHA EXTENSION FUND III (CAYMAN)</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MSCI ACWI EX-U.S. IMI INDEX FUND B2</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INVESCO STRATEGIC EMERGING MARKETS ETF</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">FRANKLIN TEMPLETON ETF TRUST - FRANKLIN FTSE LATIN</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">AVIVA I INVESTMENT FUNDS ICVC - AVIVA I INTERNATIONAL I T F</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">WELLINGTON TRUST COMPANY, NATIONAL ASSOCIATION MUL</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD FIDUCIARY TRT COMPANY INSTIT T INTL STK MKT INDEX T</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">STICHTING PENSIOENFONDS RAIL AND OPENBAAR VERVOER</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARROWSTREET EMERGING MARKET ALPHA EXTENSION TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARROWSTREET ACWI EX US ALPHA ESTENSION TRUST FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NEBRASKA PUBLIC EMPLOYEES RETIREMENT SYSTEMS</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">MERCER UCITS COMMON CONTRACTUAL FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">WELLINGTON TRUST COMPANY, NATIONAL ASSOCIATION MUL</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">CUSTODY B. OF J. LTD. RE: SMTB AXA IM E. S. C. E. M. F.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD F. T. C. INST. TOTAL INTL STOCK M. INDEX TRUST II</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">GLOBAL ALL CAP ALPHA TILTS FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ARROWSTREET EMK ALPHA EXTENSION FUND L.P.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">JOHN HANCOCK TRUST COMPANY COLLECTIVE INVESTMENT T</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">SCOTTISH WIDOWS MANAGED INVESTMENT FUNDS ICVC -INT</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">HSBC BANK PLC AS TRUSTEE OF STATE STREET AUT EMERG</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">QIC LISTED EQUITIES FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">INVESCO RAFI FUNDAMENTAL GLOBAL INDEX TRUST</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ALLIANZ GL INVESTORS GMBH ON BEHALF OF ALLIANZGI-FONDS DSPT</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BLACKROCK ASSET MANAG IR LT I ITS CAP A M F T BKR I S FD</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">ISHARES EMERGING MARKETS IMI EQUITY INDEX FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BUREAU OF LABOR FUNDS - LABOR PENSION FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">BUREAU OF LABOR FUNDS - LABOR RETIREMENT FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">NEW YORK STATE COMMON RETIREMENT FUND</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">VANGUARD TOTAL INTERNATIONAL STOCK INDEX FD, A SE VAN S F</P>

<P STYLE="font: 11pt/106% Arial, Helvetica, Sans-Serif; margin: 0 0 8pt"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>


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<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><U>Annex I</U></B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Protocol and Justification for Partial Spin-off
of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., with Transfer of the Spun-off Portion to Embraer S.A.</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">&nbsp;<IMG SRC="embraer202111306k1_002.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Cont. of the Minutes of the ESM of Embraer S.A. held on November 30, 2021</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>PROTOCOL AND JUSTIFICATION FOR PARTIAL SPIN-OFF
OF YABOR&Atilde; IND&Uacute;STRIA AERON&Aacute;UTICA S.A., WITH TRANSFER OF THE SPUN-OFF PORTION TO EMBRAER S.A.</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The management of <B>EMBRAER S.A.</B>, a publicly
held company headquartered in the city of S&atilde;o Jos&eacute; dos Campos, State of S&atilde;o Paulo, at Avenida Brigadeiro Faria Lima
2170, F-100, Putim, CEP 12227-901, enrolled with the Taxpayers&rsquo; Register (CNPJ/ME) under no. 07.689.002/0001-89, with its articles
of incorporation registered with the Board of Trade of the State of S&atilde;o Paulo (&ldquo;<U>JUCESP</U>&rdquo;) under NIRE 35.300.325.761
(&ldquo;<U>Embraer</U>&rdquo;); and</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">The management of <B>YABOR&Atilde; IND&Uacute;STRIA
AERON&Aacute;UTICA S.A.</B>, a privately held corporation headquartered in the city of S&atilde;o Jos&eacute; dos Campos, State of S&atilde;o
Paulo, at Avenida Brigadeiro Faria Lima 2170, Putim, CEP 12227-901, enrolled with the Taxpayers&rsquo; Register (CNPJ/ME) under no. 30.657.250/0001-60,
with its articles of incorporation registered with JUCESP under NIRE 35.300.517.547 (&ldquo;<U>Yabor&atilde;</U>&rdquo;);</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Embraer and Yabor&atilde; shall hereinafter also
be referred to, individually, as &ldquo;<U>Party</U>&rdquo; and, jointly, as &ldquo;<U>Parties</U>&rdquo; or &ldquo;<U>Companies</U>&rdquo;;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Hereby execute, pursuant to and for the purposes
of the provisions of article 223 et.al. of Law 6,404/76 (&ldquo;<U>Brazilian Corporations Law</U>&rdquo;), this protocol and justification
for <FONT STYLE="letter-spacing: -0.5pt">partial spin-off of </FONT>Yabor&atilde; with transfer of the spun-off portion to Embraer (&ldquo;<U>Protocol
and Justification</U>&rdquo;), <FONT STYLE="letter-spacing: -0.05pt">in </FONT>accordance with the following terms and conditions (&ldquo;<U>Transaction</U>&rdquo;):</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B>1.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><U>Justification for the Transaction.</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">1.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The Transaction will be advantageous for Embraer and,
consequently, for its shareholders, since, once the transaction is completed, the commercial aviation business will again be developed
directly by Embraer, resulting in a reduction in operating, systemic, administrative and tax expenses. </FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">1.2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The intention of the Parties is for the commercial aviation
business to be merged into Embraer, so that all assets and liabilities of Yabor&atilde; listed in the Appraisal Report (as defined below)
(&ldquo;<U>Spun-off Portion</U>&rdquo;) are transferred to Embraer, as recorded and reflected in the accounts in Yabor&atilde;'s balance
sheet prepared as of the Reference Date (as defined below), with no joint and several liability between the Parties, pursuant to the sole
paragraph of article 233 of Law 6,404/76 (&ldquo;<U>Brazilian Corporations Law</U>&rdquo;).</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">1.3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Embraer shall continue, after the Transaction, to dedicate
itself to the development, manufacture and sale of aircraft and aerospace materials in the various segments in which Embraer operates,
maintaining its registration as a publicly held company. Yabor&atilde;, on the other hand, after the Transaction, will continue with the
same corporate purpose, and has no intention of obtaining registration as a securities issuer. </FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B>2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><U>Transaction.</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">For the purposes and effects of the intended Transaction,
the Parties opted to determine Yabor&atilde;&rsquo;s shareholders&rsquo; equity, at book value, based on the balance sheet prepared on
the reference date of July 31, 2021 (&ldquo;<U>Reference Date</U>&rdquo;), prepared in functional currency and converted to reais on the
balance sheet date, in accordance with applicable accounting standards, and appraise it through the Appraisal Report prepared by the Specialized
Company (as indicated below), which was appointed by mutual agreement between the Parties, adopting the accounting valuation criteria
for assets and liabilities contained in articles 183 and 184 of the Brazilian Corporations Law . </FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">In compliance with legal provisions, Embraer&rsquo;s management
engaged specialized company Pricewaterhousecoopers Auditores Independentes, enrolled with the Taxpayers&rsquo; Register (CNPJ/ME) under
No. 61.562.112/0011-00 (&ldquo;<U>Specialized Company</U>&rdquo;), to carry out the appraisal of the spun-off portion of Yabor&atilde;
to be transferred to Embraer, at book value, based on Yabor&atilde;&rsquo;s analytical balance sheet prepared as of the Reference Date,
in functional currency, as described above, the result of which is contained in the appraisal report attached hereto as Annex 2.2 (&ldquo;<U>Appraisal
Report</U>&rdquo;).</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in">2.2.1. The appointment
of the Specialized Company shall be submitted to ratification at the Parties&rsquo; Shareholders&rsquo; Meeting that examines this Protocol
and Justification, pursuant to articles 227 and 229, paragraph 3, of the Brazilian Corporations Law.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">On the date hereof, Embraer directly owns 100% of Yabor&atilde;&rsquo;s
shares. Therefore, the transfer of the spun-off portion will not result in any increase or decrease in Embraer&rsquo;s shareholders&rsquo;
equity, considering that 100% of Yabor&atilde;&rsquo;s shares are owned by Embraer and to the extent that Yabor&atilde;&rsquo;s shareholders&rsquo;
equity is already fully reflected in Embraer&rsquo;s shareholders&rsquo; equity, as a result of application of the equity method.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

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    <!-- Field: /Page -->

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in">2.3.1. In addition,
in substitution for the shares that are currently recorded in Embraer&rsquo;s consolidated financial statements, the shareholders&rsquo;
equity that comprises the spun-off portion, after the Transaction, will be directly recorded in Embraer's financial statements. Thus,
as a result of the Transaction, the investment account related to Embraer&rsquo;s equity interest in Yabor&atilde;&rsquo;s capital stock
will be replaced in Embraer&rsquo;s accounting by the assets and liabilities contained in Yabor&atilde;&rsquo;s balance sheet, without
any change to Embraer&rsquo;s capital stock account. The partial spin-off, followed by transfer of the spun-off portion to Embraer, will
result in a reduction of Yabor&atilde;'s capital stock by R$ 2,648,928,198.01 (two billion, six hundred and forty-eight million, nine
hundred and twenty-eight thousand, one hundred and ninety-eight reais and one cent), <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">composed
by R$2,395,131,119.01 (two billion, three hundred and ninety five million, one hundred and thirty one thousand, one hundred and nineteen
reais and one cent) corresponding to accrued losses and R$253,797,079.00 (two hundred, fifty three million, seven hundred and ninety
seven thousand, seventy nine reais) corresponding to the spun-off portion of Yabor&atilde; <B><U>from</U></B> R$ 4,933,102,244.80 (four
billion, nine hundred and thirty-three million, one hundred and two thousand, two hundred and forty-four reais and eighty cents), divided
into 4,933,102,244 (four billion, nine hundred and thirty-three million, one hundred and two thousand, two hundred and forty-four) shares,
all common, registered and without par value, to R$ <FONT STYLE="color: #201F1E; background-color: white">R$&nbsp;2.284.174.046,79 (two
billion, two hundred and eighty-four million, one hundred and seventy-four thousand, forty-six reais and seventy-nine cents)</FONT>,
without any change in the number of Yabor&atilde;&rsquo;s shares, with resulting amendment of Section 5 of its bylaws. The other corresponding
entries for the Partial Spin-off for transfer of the Spun-off Portion shall be carried out directly in Yabor&atilde;'s shareholders'
equity accounts.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in">2.3.2. Embraer&rsquo;s
capital stock will remain unchanged, and there will be no issuance of new shares, as Embraer controls 100% of the investment in Yabor&atilde;
and the transfer of the Spun-off Portion will not result in an increase or decrease in Embraer's shareholders' equity, as set forth in
items 2.3 and 2.3.1 above.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in">2.3.3. Embraer&rsquo;s
corporate purpose will also remain unchanged, due to the fact that the Parties have similar corporate purposes and that Yabor&atilde;
does not carry out any activities other than those already included in Embraer&rsquo;s corporate purpose. Yabor&atilde;&rsquo;s corporate
purpose will also remain unchanged.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: 0in">2.3.4. No further
amendment to the Bylaws of the Parties shall be required.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.4.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Changes in equity related to the items of the Spun-off
Portion, determined between the Reference Date and the date in which the Partial Spin-off is carried out, shall be allocated to Embraer,
making the necessary entries and changes in the <FONT STYLE="letter-spacing: -0.05pt">Parties&rsquo; </FONT>accounting records. </FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.5.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">As already stated by the Collegiate of the Brazilian
Securities and Exchange Commission, in a decision issued on 02/15/08 in the scope of SEI Proceeding 19957.011351/2017-21, Article 264
of the Brazilian Corporations Law is not applicable to the Transaction, since it contemplates the transfer of the spun-off portion of
a wholly-owned subsidiary to a publicly held parent company, without existence of any non-controlling shareholders <FONT STYLE="letter-spacing: 0.05pt">of
the spun-off portion, </FONT>and, consequently, a replacement ratio, therefore lacking the fundamental condition set forth in such provision.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">2.6.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The Transaction shall be effective as of January 1, 2022.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B>3.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><U>Corporate Approvals.</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">3.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">Implementation of the Transaction is subject to performance
of the following acts, all of which are interdependent:</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">(i)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">extraordinary shareholders&rsquo;
meeting of Yabor&atilde; to, in the following order, <B>(a)</B> approve this Protocol and Justification; <B>(b) </B>approve the partial
spin-off, with resulting reduction of its capital stock, and amendment to Section 5 of its Bylaws; and <B>(c)</B> authorize the performance
of the acts required for the Transaction by Yabor&atilde;&rsquo;s management, as well as ratify the acts that have already been performed;
and</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 28.35pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">(ii)</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">extraordinary shareholders&rsquo;
meeting of Embraer to, in the following order, <B>(a)</B> approve this Protocol and Justification; <B>(b)</B> ratify the appointment of
the Specialized Company; <B>(c)</B> approve the Appraisal Report; <B>(d)</B> approve the transfer of Yabor&atilde;&rsquo;s spun-off portion
to Embraer; and <B>(e)</B> authorize the performance of the acts required for the Transaction by Embraer&rsquo;s management, as well as
ratify the acts that have already been performed.</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B>4.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt"><B><U>Miscellaneous.</U></B></FONT></TD></TR></TABLE>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.1.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">All assets and liabilities of Yabor&atilde;&rsquo;s spun-off
portion, including any movable assets, inventory and equipment, as well as any established tax credits, existing in Yabor&atilde;'s facilities
or registered in its name, shall become the property of Embraer. </FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.2.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The management of each Party shall be responsible for
performing all acts required for implementation of the Transaction, as applicable, including, but not limited to, the filing and publication
of any acts related to the Transaction, pursuant to article 229, paragraph 4, of the Brazilian Corporations Law, and performing the changes
in the Parties&rsquo; registrations with the relevant federal, state and municipal government departments as well as in their accounting
books.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.3.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">The Parties elect the central courts of S&atilde;o Paulo,
State of S&atilde;o Paulo, to resolve any matters arising out of this Protocol and Justification, however privileged <FONT STYLE="letter-spacing: -0.2pt">it
may be or become</FONT>.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.4.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">All documents mentioned in this Protocol and Justification
shall be available to Embraer&rsquo;s shareholders at its respective headquarters as of [October 29, 2021], on Embraer&rsquo;s Investor
Relations webpage (<FONT STYLE="color: #0000CC"><U>http://ri.embraer.com.br</U></FONT>), as well as on the websites of CVM (<FONT STYLE="color: #0000CC"><U>www.cvm.gov.br</U></FONT>)
and B3 (<FONT STYLE="color: #0000CC">www.b3.com.br</FONT>).</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/15pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">4.5.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt; letter-spacing: -0.05pt">This Protocol</FONT> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 11pt">and
Justification <FONT STYLE="letter-spacing: -0.05pt">shall only</FONT> be amended by means of a written document signed by the Parties.</FONT></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">4.6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Parties and the 2 (two) witnesses identified below agree that this Protocol and Justification shall be signed digitally through the electronic
platform Docusign, which the Parties acknowledge to be legal, valid and effective to bind the Parties. The Parties also agree that the
digital signatures in this Protocol and Justification do not prevent or impair its enforceability, which shall be considered, for all
purposes, as an extrajudicially enforceable instrument. All signatures digitally placed in this Protocol and Justification in accordance
with this provision, even if by means other than the digital certificates issued by ICP-Brasil (Brazilian Public Key Infrastructure),
are fully valid and enforceable and sufficient for authorship, integrity, existence and validity of this Protocol and Justification. Even
if any Party hereto digitally signs this Protocol and Justification at another location, the place of execution of this Protocol and Justification
is, for all purposes, the City of S&atilde;o Jos&eacute; dos Campos, State of S&atilde;o Paulo, as indicated below. Furthermore, for all
purposes and effects, the date of signature indicated below shall be deemed as the date of execution of this Protocol and Justification,
regardless of the date indicated in the electronic signature of the signatories.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">In witness whereof, the Parties execute this Protocol
and Justification together with 2 witnesses, for all legal purposes and effects.</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">S&atilde;o Jos&eacute; dos Campos, October 28,
2021</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Embraer&rsquo;s Management</U>:</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Board of Directors</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Alexandre Gon&ccedil;alves Silva</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Chairman</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Raul Calfat</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Vice-Chairman</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Alexandre Magalh&atilde;es Filho</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Claudia Sender Ramirez</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Dan Ioschpe </B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Dejair Losnak Filho</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Jo&atilde;o Cox Neto</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Kevin G McAllister</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Marcelo Kanitz Damasceno</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0; text-align: center">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Maria Let&iacute;cia de Freitas Costa</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">____________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Pedro Wongtschowski</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">_____________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Sergio Guillinet Fajerman</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">____________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Todd Messer Freeman</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Member of the Board of Directors</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B><U>Embraer&rsquo;s Management:</U></B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Board of Executive Officers</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">_______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Francisco Gomes Neto</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">President and CEO</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">_______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Antonio Carlos Garcia</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Executive Vice-President, Finance and Investor
    Relations</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 18 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">&nbsp;<IMG SRC="embraer202111306k1_002.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Cont. of the Minutes of the ESM of Embraer S.A. held on November 30, 2021</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">_______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Fabiana Klajner Leschziner</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Executive Vice-President, General Council &amp;
    Chief Compliance Officer</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">_______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Jackson <FONT STYLE="letter-spacing: -0.2pt">Medeiros
    de Farias </FONT>Schneider </B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Executive Vice-President, Defense &amp; Security</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B><U>Yabor&atilde;&rsquo;s Management:</U></B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">________________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Francisco Gomes Neto</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">President and CEO</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">________________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Antonio Carlos Garcia</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Executive Officer</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">________________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Fabiana Klajner Laschziner</B></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Executive Officer</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">________________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.2pt"><B>Jackson
    Medeiros de Farias Schneider</B></FONT></P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Executive Officer</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"><U>Witnesses:</U></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Name: Amanda Cristina T. de Oliveira</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">ID: 48.171.626-9 SSP/SP</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CPF: 418.468.738-51</P></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">______________________________</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Name: Bruna Aparecida da Costa Rocha</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">ID: 44.110.468-x SSP/SP</P>
    <P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">CPF: 442.329.258-05</P></TD></TR>
  </TABLE>
<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><I>[Signature page of the Protocol and Justification
for Partial Spin-off of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A. with transfer of the spun-off portion to Embraer S.A.,
entered into on October 28, 2021]</I></P>


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<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><U>Annex 2.2.</U></B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Appraisal Report prepared by a Specialized Company</B></P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/15pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9.5pt Times New Roman, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: bold 21pt Georgia, Times, Serif; margin: 5pt 312.3pt 0 48.15pt">Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</P>

<P STYLE="font: bold 13pt Georgia, Times, Serif; margin: 0 2.65in 0 48.15pt">Appraisal report on the shareholders&#8217; equity consisting
of certain assets and liabilities of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A. <FONT STYLE="letter-spacing: 0.05pt">based
on the accounting records </FONT>as of July 31, 2021</P>

<P STYLE="font: bold 13pt Georgia, Times, Serif; margin: 0 2.65in 0 48.15pt">&nbsp;</P>

<P STYLE="font: bold 13pt Georgia, Times, Serif; margin: 0 2.65in 0 48.15pt">&nbsp;</P>


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<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B>&nbsp;<IMG SRC="embraer202111306k1_001.jpg" ALT="" STYLE="height: 96px; width: 127px"></B></P>

<P STYLE="font: 13pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 13pt Georgia, Times, Serif; margin: 5pt 183.7pt 0 55.25pt">Appraisal report on the shareholders&#8217; equity consisting
of certain assets and liabilities <FONT STYLE="letter-spacing: 0.05pt">based on accounting records</FONT></P>

<P STYLE="font: 19.5pt Georgia, Times, Serif; margin: 0.05pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 313.1pt 0 55.25pt">To the Shareholders and Management of Embraer S.A.</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 8.25pt 0 0 55.25pt">Information on the audit firm</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"><FONT STYLE="font-size: 10pt">1</FONT></TD><TD STYLE="padding-right: 21.95pt"><FONT STYLE="font-size: 10pt">PricewaterhouseCoopers Auditores Independentes Ltda., a partnership of
professionals headquartered in the city of S&atilde;o Paulo, State of S&atilde;o Paulo and branch office in the city of S&atilde;o Jos&eacute;
dos Campos, State of S&atilde;o Paulo, at Rua Carlos Maria Auricchio, 70, suites 1401, 1403, 1404, 1406, 1407, 1409 and 1412, 14th Floor,
Condom&iacute;nio Costa Norte Offices Royal Park, Royal Park, enrolled with the Corporate Taxpayers&#8217; Register (<I>Cadastro Nacional
de Pessoa Jur&iacute;dica do Minist&eacute;rio da Fazenda</I>) under No. 61.562.112/0011-00, originally registered with the Regional Accounting
Council of the State of S&atilde;o Paulo under No. 2SP000160/O-5, with its Articles of Association registered at 4th Registry of Deeds
and Documents and Civil Registry of Legal Entities of S&atilde;o Paulo &#8211; SP, on September 17, 1956, and amendments thereto registered
with the 2nd Registry of Deeds and Documents and Civil Registry of Legal Entities of S&atilde;o Paulo - SP, <FONT STYLE="letter-spacing: -0.15pt">the
last amendment</FONT>, dated <FONT STYLE="letter-spacing: -0.05pt">J</FONT>uly 1, 2021, electronically registered under no. 157.965 on
September 21, 2021, with the 2nd Civil Registry of Legal Entities of the city of S&atilde;o Paulo, State of S&atilde;o Paulo, represented
by its undersigned partner, Mr. Rafael Alvim Guimar&atilde;es, Brazilian, married, accountant, Identity Card RG No. 10204030-0, enrolled
with the <FONT STYLE="color: #010202">Individual Taxpayers Registry (</FONT>CPF) under No. 052.308.777-23 and with the Regional Accounting
Council of the State of Rio de Janeiro under No. 1RJ104572/O-0, resident and domiciled in the State of S&atilde;o Paulo, <FONT STYLE="color: #010202">with
office at the same address of the partnership</FONT>, was appointed as expert by the management of Embraer S.A. to carry out the appraisal
of the shareholders&#8217; equity of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A. (&quot;Company&quot;), comprised of certain
assets and liabilities as of July 31, 2021, listed in Annex I, in accordance with the accounting practices adopted in Brazil, <FONT STYLE="letter-spacing: -0.2pt">presents
the result of its audit as follows</FONT>.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 0 0 55.25pt">Purpose of the appraisal</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.2pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">2</FONT></TD><TD STYLE="padding-right: 41.8pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.2pt">The purpose of the appraisal of the </FONT><FONT STYLE="font-size: 10pt">shareholders&#8217;
equity <FONT STYLE="letter-spacing: -0.2pt">comprised of certain assets and liabilities of the Company as of July 31, 2021, is to serve
as a basis, pursuant to articles 8 and 226 of Law 6,404/76, for the transfer of the spun-off portion to Embraer S.A. to be analyzed and
approved by the extraordinary general shareholders&#8217; meeting to be held on November 30, 2021, and to take effect as of January 1,
2022.</FONT></FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt/96% Georgia, Times, Serif; margin: 0 307.8pt 0 55.25pt">Management&#8217;s responsibility for the accounting
information</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.4pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"><FONT STYLE="font-size: 10pt">3</FONT></TD><TD STYLE="padding-right: 27.35pt"><FONT STYLE="font-size: 10pt">The Company's management is responsible for the bookkeeping and preparation
of the accounting information in accordance with the accounting practices adopted in Brazil, and for such relevant internal control as
management determines is required to enable the preparation of such accounting information <FONT STYLE="letter-spacing: 0.05pt">that is
free of material misstatements</FONT>, whether due to fraud or error. The summary of the main accounting practices adopted by the Company
is described in Annex II to the appraisal report.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0 0 0 49.65pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"></TD><TD STYLE="border-top: Black 1pt dotted; padding-right: 27.35pt"><P STYLE="font: 8pt Georgia, Times, Serif; margin-top: 0; margin-right: 0; margin-bottom: 0"><I>PricewaterhouseCoopers Auditores Independentes, Rua Carlos Maria
Auricchio, 70, 14&ordm;, Ed. Royal Park ,S&atilde;o Jos&eacute; dos Campos, SP, Brasil, 12246-876, </I>T: (12) 3519-3900, www.pwc.com/br</P></TD></TR></TABLE>


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<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 5pt Georgia, Times, Serif; margin: 0.1pt 0 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 5.9pt"><IMG SRC="embraer202111306k1_001.jpg" ALT="" STYLE="height: 96px; width: 127px"></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><I>&nbsp;</I></P>

<P STYLE="font: 12pt Georgia, Times, Serif; margin: 0.25pt 0 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 0 0 55.25pt">Embraer S.A.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 263.35pt 0 55.25pt">Scope of the audit and responsibility of the independent
auditors</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"><FONT STYLE="font-size: 10pt">4</FONT></TD><TD STYLE="padding-right: 22.65pt"><FONT STYLE="font-size: 10pt">Our responsibility is to express a conclusion on the book value of the
shareholders&#8217; equity comprised of certain assets and liabilities of the Company as of July 31, 2021, based on the audit carried
out in accordance with Technical Note 03/2014 (R1), issued by Brazilian Institute of Independent Auditors (<I>Instituto dos Auditores
Independentes do Brasil </I>&#8211; IBRACON), which provides for the application of audit procedures on the balance sheet, and CTG 2002,
issued by the Federal Accounting Council, which provides for the technical and professional standards to be to be observed by accountants
for the issue of appraisal reports. Therefore, we examined the accounts that record the certain assets and liabilities listed in Annex
I hereto and which, as of the date thereof, were recorded in the Company's balance sheet, in accordance with Brazilian and international
auditing standards, which require auditors to comply with ethical requirements and that the audit be planned and performed with the objective
of obtaining reasonable assurance about whether the shareholders&#8217; equity that is the subject matter of our appraisal report is free
of material misstatements.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"><FONT STYLE="font-size: 10pt">5</FONT></TD><TD STYLE="padding-right: 22.75pt"><FONT STYLE="font-size: 10pt">An audit involves performing procedures to obtain audit evidence regarding
the amounts recorded. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement
in the shareholders&#8217; equity, whether due to fraud or error. In this risk assessment, the auditor considers the internal controls
that are relevant for the shareholders&#8217; equity to design audit procedures that are appropriate in the circumstances, but not for
the purpose of expressing an opinion on the effectiveness of the Company&#8217;s internal controls. An audit also includes evaluating
the appropriateness of accounting policies used and the reasonableness of accounting estimates made by the management. We believe that
the audit evidence obtained is sufficient and appropriate to support our conclusion.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 0 0 55.25pt">Conclusion</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.55pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 19.85pt"></TD><TD STYLE="width: 35.4pt"><FONT STYLE="font-size: 10pt">6</FONT></TD><TD STYLE="padding-right: 21.9pt"><FONT STYLE="font-size: 10pt">Based on the audit carried out, we concluded that the amount of R$253,797,079.00
(two hundred and fifty-three million, seven hundred and ninety-seven thousand and seventy-nine reais), that make up the assets and liabilities
listed in Annex I, recorded in the accounting books in accordance with the balance sheet as of July 31, 2021, prepared in functional currency
and converted into reais on the balance sheet date, represent, in all material respects, the shareholders&#8217; equity comprised of certain
assets and liabilities of the Company to be transferred in the partial spin-off, evaluated in accordance with accounting practices adopted
in Brazil.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 55.25pt">S&atilde;o Jos&eacute; dos Campos, October 8, 2021</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 7.95pt 0 0 55.25pt">PricewaterhouseCoopers&#9;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 21.85pt 0 55.25pt">Auditores Independentes</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 21.85pt 0 55.25pt">CRC 2SP000160/O-5&#9;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0 0 55.3pt">Rafael Alvim Guimar&atilde;es</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0 0 55.3pt">Accountant CRC 1RJ104572/O-0</P>


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<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex I <FONT STYLE="letter-spacing: -0.25pt">to the appraisal
report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on
October 8, 2021</B></P>

<P STYLE="font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by
management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0 0 0 77.9pt">In reais, unless otherwise indicated</P>

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<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0 0 0 77.9pt"></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Arial MT; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72%; border-top: black 1pt solid">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 5.9pt 0 0 3.2pt"><B><U>ASSETS</U></B></P></TD>
    <TD STYLE="text-align: right; border-top: Black 1pt solid; border-bottom: Black 1pt solid; width: 28%">
    <P STYLE="text-align: right; font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="text-align: right; font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 5.9pt; margin-bottom: 0"><B>Reais&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6.6pt; padding-left: 3.2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>CURRENT ASSETS</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Trade accounts receivable, net</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">21,155,073.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Accounts receivable from subsidiaries</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;55,788,232.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">5,087,774.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Contract assets</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">10,201,806.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Inventory</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">4,231,860,687.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Income tax and social contribution</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">2,430,429.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Other assets</FONT></TD>
    <TD STYLE="text-align: right; border-bottom: black 1pt solid; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">280,008,088.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: black 1pt solid; padding-top: 0.65pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>4,606,532,089.00</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>
    <P STYLE="font: 12pt Georgia, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>
    <P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0 0 0 6.25pt"><B>NON-CURRENT ASSETS</B></P></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-size: 9pt; letter-spacing: -0.05pt">Customer financing</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">6,853,713.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-size: 9pt">Deferred income tax and social contribution</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">251,777,452.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt; line-height: 10.05pt"><FONT STYLE="font-size: 9pt">Other assets</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt; line-height: 10.05pt"><FONT STYLE="font-size: 9pt">26,898,614.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.5pt; padding-left: 13.55pt"><FONT STYLE="font-size: 9pt">Investments</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.5pt"><FONT STYLE="font-size: 9pt">4,490,563,522.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 25.75pt"><FONT STYLE="font-size: 9pt">ELEB Equipamentos LTDA</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">883,730,625.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 25.75pt"><FONT STYLE="font-size: 9pt; letter-spacing: -0.05pt">Embraer</FONT> <FONT STYLE="font-size: 9pt">Aviation France</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">934,422,876.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 25.75pt"><FONT STYLE="font-size: 9pt; letter-spacing: -0.05pt">Embraer Netherlands</FONT> <FONT STYLE="font-size: 9pt">Finance B.V.</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">72,979,553.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 25.75pt"><FONT STYLE="font-size: 9pt; letter-spacing: -0.05pt">Embraer Netherlands</FONT> <FONT STYLE="font-size: 9pt">B.V.</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">2,577,114,346.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 25.75pt"><FONT STYLE="font-size: 9pt">Embraer Overseas Limited</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">22,316,122.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-size: 9pt">Property, plant and equipment</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">2,254,558,342.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-size: 9pt">Intangible assets</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">5,588,843,151.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 1.45pt; padding-left: 13.55pt"><FONT STYLE="font-size: 9pt">Right of use</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; padding-top: 1.45pt"><FONT STYLE="font-size: 9pt">454,146.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; border-bottom: black 1pt solid; padding-top: 0.65pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B><U>&nbsp;&#9;12,619,948,940.00</U></B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.6pt; padding-left: 6.25pt; line-height: 9.7pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>TOTAL ASSETS</B></FONT></TD>
    <TD STYLE="text-align: right; border-bottom: black 1pt double; padding-top: 0.6pt; line-height: 9.7pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>17,226,481,029.00</B></FONT></TD>
    </TR>
  </TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on
the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria
Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P>

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<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex I <FONT STYLE="letter-spacing: -0.25pt">to the appraisal
report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on
October 8, 2021</B></P>

<P STYLE="font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by
management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0 0 0 77.9pt">In reais, unless otherwise indicated</P>

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<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0 0 0 77.9pt"></P>

<P STYLE="font: 6.5pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Arial MT; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 72%">
    <P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; margin: 5.75pt 0 0 3.25pt"><B><U>LIABILITIES</U></B></P></TD>
    <TD STYLE="text-align: right; border-bottom: Black 1pt solid; width: 28%">
    <P STYLE="text-align: right; font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="text-align: right; font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 9.5pt Arial, Helvetica, Sans-Serif; text-align: center; margin-top: 5.75pt; margin-bottom: 0"><B>Reais</B></P></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 7pt; padding-left: 3.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt"><B>CURRENT LIABILITIES</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.7pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">Trade accounts payable</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.7pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">1,199,507,172.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">Trade accounts payable - Confirming</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">13,510,272.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Lease liabilities</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">109,543.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.6pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Loans and financing</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.6pt"><FONT STYLE="font-size: 9.5pt">2,354,996,305.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Accounts payable</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">186,837,426.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.15pt">Accounts payable to subsidiaries</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">436,444,520.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.05pt">Contract liabilities</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">1,583,768,875.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.15pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">11,244,963.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">Taxes and payroll charges payable</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">32,782,730.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.15pt">Financial guarantee and residual value guarantee</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">179,936,371.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Unearned income</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">4,799,530.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">Provisions</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">&nbsp;&#9;115,206,353.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-top: 0.35pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt"><B>&nbsp;&#9;6,119,144,060.00</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 6.7pt; padding-left: 6.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt"><B>NON-CURRENT LIABILITIES</B></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.7pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Lease liabilities</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.7pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">368,952.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Loans and financing</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">9,645,475,136.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.6pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Accounts payable</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.6pt"><FONT STYLE="font-size: 9.5pt">8,796,192.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.05pt">Contract liabilities </FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">746,200,966.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.15pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">29,838,014.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.15pt">Financial guarantee and residual value guarantee</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">378,062,052.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.35pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt; letter-spacing: -0.1pt">Unearned income</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.35pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">26,461,223.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.4pt; padding-left: 14pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">Provisions</FONT></TD>
    <TD STYLE="text-align: right; padding-top: 0.4pt; line-height: 10.65pt"><FONT STYLE="font-size: 9.5pt">18,337,355.00</FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-top: 0.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt"><B>10,853,539,890.00</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.5pt; padding-left: 6.4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt; letter-spacing: -0.05pt"><B>TOTAL</B></FONT><B> <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt; letter-spacing: -0.65pt">LIABILITIES</FONT></B></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-top: 0.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt"><B>16,972,683,950.00</B></FONT></TD>
    </TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.5pt; padding-left: 6.4pt; line-height: 9.9pt"><FONT STYLE="font-size: 9.5pt"><B>SHAREHOLDERS&#8217; <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; letter-spacing: -0.05pt">EQUITY</FONT></B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-top: 0.5pt; line-height: 9.9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9.5pt; text-underline-style: double"><B>253,797,079.00</B></FONT></TD>
    </TR>
  </TABLE>

<!-- Field: Page; Sequence: 25; Options: NewSection; Value: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.45pt 0 0"><B></B></P>



<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"></P>
<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.45pt 0 0"><B></B></P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 5pt 0 0 49.6pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1</TD><TD>Basis for preparation
of shareholders&#8217; equity and summary of main accounting policies</TD></TR></TABLE>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0.1in 0 77.9pt; text-align: justify">The shareholders&#8217; equity comprised of
certain assets and liabilities based on the accounting records as of July 31, 2021 (&#8220;balance sheet&#8221;), was prepared for the
purposes of transfer of the Company&#8217;s spun-off portion to Embraer S.A. expected to be effective as of January 1, 2022.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0.1in 0 77.9pt; text-align: justify">The financial information as of July 31, 2021,
which is the basis for the composition of the shareholders&#8217; equity on the date thereof, was prepared and is presented in accordance
with accounting practices adopted in Brazil, including the standards issued by the Accounting Standards Committee (<I>Comit&ecirc; de
Pronunciamentos Cont&aacute;beis</I> - CPC). The Company's management is responsible for selecting and identifying the assets and liabilities
determined based on the accounting records as of July 31, 2021 and which comprise the shareholders&#8217; equity presented in Annex I.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 7.35pt 0 77.9pt; text-align: justify">The preparation of this financial information
requires the use of certain critical accounting estimates and the exercise of judgment by the Company's management in the process of applying
the accounting policies. The areas that require a higher level of judgment and are more complex, as well as those containing assumptions
and estimates that are material for the accounts that record certain assets and liabilities listed in Annex I, are disclosed in Notes
1.1.1 to 2.3.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt">The main accounting policies applied in the preparation of the aforementioned
financial information are presented below.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.3pt 0 77.9pt; text-align: justify">The balance sheet was prepared based on the
historical cost in functional currency converted to reais as of the date thereof (except when the item required a different criterion)
and, when applicable, adjusted to reflect the valuation of assets and liabilities measured at fair value in the subsequent measurement.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.1</TD><TD>Functional currency and balance sheet presentation</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt">We present below the concepts and practices related to the functional
currency used due to its impact on the balance sheet.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt; text-indent: -42.6pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">a)</TD><TD>Functional currency </TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.25pt 0 77.9pt; text-align: justify">A company's functional currency is the currency
of the main economic environment in which it operates and should be the currency that best reflects its business and operations. Based
on this analysis, Management concluded that the United States Dollar (&quot;US$&quot; or &quot;Dollar&quot;) is the Company's functional
currency and this conclusion is based on the analysis of the following indicators:</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0.05pt 7.45pt 0 92.1pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Currency that most influences the prices of goods and services. It is the currency in which the sales
price of the Company&#8217;s goods and services is expressed and settled;</FONT></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0.05pt 7.45pt 0 92.1pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0.05pt 7.45pt 0 92.1pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0.05pt 7.45pt 0 92.1pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.4pt 0 0">&nbsp;&nbsp;</P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/12.25pt Georgia, Times, Serif; margin-top: 5pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 77.9pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt">Currency of the country whose competitive forces and regulations most influence
the business;</FONT></TD></TR></TABLE>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 7.65pt 0 92.1pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Currency that most influences costs for the supply of products or services, that is, the currency
in which the Company's costs are normally expressed and settled;</FONT></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0.05pt 7.6pt 0 92.1pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-family: Symbol; font-size: 10pt">&middot;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><FONT STYLE="font-size: 10pt">Currency in which the Company normally raises funds from financial activities, and in which it normally
receives for its sales and accumulates cash.</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt; text-indent: -42.6pt"><FONT STYLE="letter-spacing: -0.1pt">b)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT></FONT>Balance sheet presentation currency</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.1pt 0 77.9pt; text-align: justify">The presentation currency is the currency in
which the balance sheet is presented and is generally defined as a result of the Company's legal obligations. This balance sheet is presented
in reais, in compliance with Brazilian laws, by converting the balance sheet prepared in functional currency into reais, using the exchange
rate in effect on the balance sheet&#8217;s date (R$5.1216 for each dollar).</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt"><FONT STYLE="letter-spacing: -0.1pt">c)</FONT></TD><TD>Conversion of the balance sheet of subsidiaries (investments)</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.5pt 0 77.9pt; text-align: justify">For investments in subsidiaries that uses a
functional currency other than the US dollar, the assets and liabilities accounts are translated into the Company's functional currency,
using the exchange rates in effect on the balance sheet date.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.25pt"></TD><TD STYLE="width: 42.65pt">1.1.2</TD><TD>Trade accounts receivable, net</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">Upon making a sale, the Company assesses its
payment term. If the sale amount is not received immediately, it will be recognized in accounts receivable. The amount receivable from
a credit sale is adjusted to present value when applicable, identifying an interest rate compatible with the market at the time of sale
and applying it to the amount receivable according to the term of receipt. The Company does not have trade accounts receivable with a
significant financing component.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">Expected credit losses are recognized
using actual credit loss experiences over the past 10 years and monitoring of prospective trends in the markets and segments in which
the Company operates. The assessed factor is applied to measure expected losses and recognize them in the balance sheet. Methodology data
are periodically monitored and revised in light of the economic and market circumstances in which the Company operates.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">As a result of the economic environment
created by the COVID-19 pandemic and its respective material impact particularly on the commercial jet market (Commercial Aviation), the
Company used economic and customer data based on the main rating agencies in order to capture the expected impact of the crisis in the
receivables portfolio and increased the prospective factor in the period by 8.9%. Customers who had a significant increase in credit risk
as a result of the crisis, such as court-supervised reorganization and bankruptcy proceedings, are treated and provisioned individually
according to the best estimate of the expected loss in the Management's view.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"></P>



<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0"></P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.3</TD><TD>Customer financing</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">Trade accounts receivable transactions
with a significant financing component are reclassified and recorded in the customer financing account. As of July 31, 2021, the shareholders&#8217;
equity is comprised of a limited number of transactions with a significant financing component.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">Customer financing is initially measured
at fair value, plus transaction costs attributable to its acquisition or issue, and subsequently at amortized cost.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">Customer financing are financial assets
held by the Company for the purpose of receiving contractual cash flows, and the related contractual terms generate, on specific dates,
cash flows related only to the payment of principal and interest on the principal amount outstanding.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">The Company applies the full expected
credit loss methodology based on the full term of the contracts to recognize losses on receivables recorded as customer financing in the
balance sheet.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.4</TD><TD>Derivative financial instruments</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">The purpose of derivative instruments
contracted by the Company and measured at fair value in the balance sheet is to protect the Company's operations against exchange-rate
risk and are not used for speculative purposes.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.45pt 0 77.9pt; text-align: justify">The Company applies cash flow hedge accounting
to protect itself from cash flow volatility attributable to the risk of exchange rate variation associated with a transaction of highly
probable occurrence, through currency call and put options (zero-cost collar) related to payroll expenses incurred in transactions in
Brazil and settled in reais.</P>

<P STYLE="font: 9pt/96% Georgia, Times, Serif; margin: 0 7.1pt 0 77.9pt; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 5pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.25pt"></TD><TD STYLE="width: 42.65pt">1.1.5</TD><TD>Inventory</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0.1in 0 77.9pt; text-align: justify">The Company's inventory is basically comprised
of raw materials, goods in progress, spare parts and finished goods. Raw material inventory is recognized at acquisition cost. Goods in
progress are comprised of raw material, direct labor, other direct costs, and general manufacturing expenses that can be attributed to
the cost of inventory. Once these products are completed, they are recognized as finished goods.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">The measurement of raw material and spare parts
inventory is carried out at the weighted average cost. Aircraft produced (finished good) and in progress are measured at their specific
production cost, which is recognized as cost of goods sold and services provided upon delivery to the customer.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.35pt 0 77.95pt; text-align: justify">Inventory is analyzed to determine whether
its net realizable value is greater than its cost. A loss on adjustment to realizable value is recognized if its carrying amount is higher.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.35pt 0 77.95pt; text-align: justify">&nbsp;</P>

<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"></P>



<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0"></P>

<P STYLE="font: 8pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.5pt 0 77.9pt; text-align: justify">The inventory&#8217;s consumption and demand
are periodically analyzed and, if the Company identifies that there is inventory with no consumption and no demand for subsequent periods,
an expense due to the expectation of loss as a result of inventory obsolescence is constituted, in accordance with the policy implemented
for this purpose.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify"><FONT STYLE="letter-spacing: 0.2pt">Obsolescence
losses are recognized as a result of items not moved for over two years and with no defined use forecast, according to the production
schedule, as well as to cover any losses with excessive or obsolete warehouse inventory and goods in progress, except for spare parts
inventory, the expected loss of which is recognized due to technical obsolescence or items that have not been moved for more than two
years.</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0"><FONT STYLE="letter-spacing: 0.2pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.6</TD><TD>Deferred income tax and social contribution</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.25pt 0 77.9pt; text-align: justify">Deferred income tax and social contribution
are calculated based on the nominal rates and currencies of the jurisdiction in which the Company operates, which is 34% in Brazil, of
which 25% refers to income tax and 9% to social contribution on net income.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">Deferred income tax is recognized on temporary
differences between the tax basis and the book basis of assets and liabilities.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 7.6pt 0 77.9pt; text-align: justify">As the tax basis of the Company's assets
and liabilities is kept in Real at its historical value and the book basis in Dollar (functional currency), exchange rate fluctuations
impact the tax basis, and consequently create differences between the book basis and the tax basis of non-monetary assets (inventories,
PPE and intangible assets).</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.65pt 0 77.95pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 7.6pt 0 77.9pt; text-align: justify">Deferred tax assets arising from temporary
differences, related to non-deductible provisions, mainly represented by provisions for contingencies, product warranties, financial guarantees
and deferred income, as well as exchange rate variation of financial assets and liabilities, will be realized as the assets and liabilities
are realized and settled, respectively.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 7.6pt 0 77.9pt; text-align: justify">For the recognition of deferred tax assets
arising from temporary differences, the Company carried out an assessment of the expected generation of future taxable income against
which these temporary differences would be offset.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.7</TD><TD>Investments in subsidiaries and affiliates</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 7.6pt 0 77.9pt; text-align: justify">Investments in subsidiaries and affiliates
are calculated by the Company based on the equity method. Exchange rate variation on investments abroad that use a functional currency
other than that of the Company are recorded in shareholders&#8217; equity.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 7.6pt 0 77.9pt; text-align: justify">The following subsidiaries and affiliates comprise
the shareholders&#8217; equity:</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 11pt Arial MT; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 56%; padding-left: 2.5pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt"><B><U>Entity</U></B></FONT></TD>
    <TD STYLE="width: 18%; padding-left: 20.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt"><B><U>Country</U></B></FONT></TD>
    <TD STYLE="width: 26%; padding-left: 8.3pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt"><B><U>Equity interest</U></B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 2.5pt; padding-left: 2.5pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">ELEB Equipamentos Ltda.</FONT></TD>
    <TD STYLE="padding-top: 2.5pt; padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Brazil</FONT></TD>
    <TD STYLE="padding-top: 2.5pt; padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 2.5pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Aviation France</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">France</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 2.5pt; line-height: 9.25pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Netherlands Finance B.V.</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.25pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Netherlands</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.25pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.05pt; padding-left: 2.5pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Netherlands B.V.</FONT></TD>
    <TD STYLE="padding-top: 0.05pt; padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Netherlands</FONT></TD>
    <TD STYLE="padding-top: 0.05pt; padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20.5pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Asia Pacific PTE. Limited</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Singapore</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 20.1pt; text-align: right; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer (China) Aircraft Technical Services Co. Ltd.</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">China</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20.5pt; line-height: 9.25pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Portugal S.A.</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.25pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Portugal</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.25pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-top: 0.05pt; padding-left: 29.1pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Portugal Estruturas Met&aacute;licas, S.A.</FONT></TD>
    <TD STYLE="padding-top: 0.05pt; padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Portugal</FONT></TD>
    <TD STYLE="padding-top: 0.05pt; padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 20.95pt; text-align: right; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Portugal Estruturas em Comp&oacute;sitos, S.A.</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Portugal</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 20.5pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">EZ Air Interior Limited</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Ireland</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">50%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 2.5pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">Embraer Overseas Limited</FONT></TD>
    <TD STYLE="padding-left: 20.2pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt; letter-spacing: -0.2pt">Cayman Islands</FONT></TD>
    <TD STYLE="padding-left: 8.3pt; line-height: 9.2pt"><FONT STYLE="font-family: Georgia, Times, Serif; font-size: 9pt">100%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.25pt"></TD><TD STYLE="width: 42.65pt">1.1.8</TD><TD>Property, Plant and Equipment</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.1pt 0 77.95pt; text-align: justify">Property, plant and equipment items are
measured at acquisition, formation or construction cost, which are presented net of accumulated depreciation and impairment losses.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.1pt 0 77.95pt; text-align: justify">Depreciation is calculated using the straight-line
method based on the asset&#8217;s estimated useful life. Land is not depreciated. The estimated useful lives of property, plant and equipment
are reviewed and adjusted, if appropriate, at the end of each year.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.1pt 0 77.95pt; text-align: justify">Subsequent costs are included in the asset's
carrying amount or recognized as a separate asset, as appropriate, only when future economic benefits associated with the item are likely
to be generated.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.1pt 0 77.95pt; text-align: justify">Residual value is assigned to aircraft spare
parts that are part of the Repairable Parts Pool Program, is reviewed by Management, and adjusted if necessary, at the end of each reporting
period. The Company does not assign a residual value to the other assets, since assets are not usually sold and, when this occurs, it
is not for relevant amounts.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt; text-align: justify">Below is a summary description of the items that
that make up property, plant and equipment:</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>a)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.65pt"><FONT STYLE="font-size: 10pt">Land &#8211; comprise areas where mainly industrial,
engineering and administrative buildings are located.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 9.1pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>b)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.35pt"><FONT STYLE="font-size: 10pt">Buildings and land improvements &#8211; buildings
mainly comprise factories, engineering departments and offices, while improvements comprise parking lots, streets, water and sewage network.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.7pt"><FONT STYLE="font-size: 10pt"><B>c)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.1pt"><FONT STYLE="font-size: 10pt">Facilities &#8211; comprise ancillary industrial facilities
that directly or indirectly support the Company's industrial operations, as well as facilities in the engineering and administrative areas.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>d)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.5pt"><FONT STYLE="font-size: 10pt">Machinery and equipment &#8211; comprise machinery
and other equipment used directly or indirectly in the manufacturing process.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>e)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.65pt"><FONT STYLE="font-size: 10pt">Furniture and fixtures &#8211; mainly comprise furniture
and fixtures used in production, engineering and administrative areas.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>f)</B></FONT></TD><TD><FONT STYLE="font-size: 10pt">Vehicles &#8211; mainly comprise industrial vehicles and automobiles.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>g)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.45pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.05pt">Aircraft &#8211; comprise
mainly aircraft that are leased to airlines or are available for lease, in addition to those used by the Company to assist in the testing
of new projects</FONT><FONT STYLE="font-size: 10pt">.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>h)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.4pt"><FONT STYLE="font-size: 10pt">Computers and peripherals &#8211; comprise computer
equipment used in the production, engineering and administrative process.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>i)</B></FONT></TD><TD><FONT STYLE="font-size: 10pt">Tooling &#8211; comprise tools used in the Company's production process.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>j)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.5pt"><FONT STYLE="font-size: 10pt">Assets under construction &#8211; mainly comprise
works to expand the industrial park and aircraft maintenance centers.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 83.65pt"></TD><TD STYLE="width: 22.6pt"><FONT STYLE="font-size: 10pt"><B>k)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.45pt"><FONT STYLE="font-size: 10pt">Repairable parts pool - the repairable parts Pool
program is a transaction in which a customer procures the Company for the availability of parts for aircraft maintenance, thus, when a
part needs to be replaced, the customer delivers the damaged part and the Company provides a part in good working condition to the customer.
The part received, in turn, is reconditioned and added to the Pool.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.25pt"></TD><TD STYLE="width: 42.65pt">1.1.9</TD><TD>Intangible assets</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.25pt"></TD><TD STYLE="width: 42.65pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt"><B>a)</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Development</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.3pt 0 77.9pt; text-align: justify">Research costs are recognized as expenses when
incurred, while project development costs, mainly comprised of expenses with product development, including drawings, engineering projects
and construction of prototypes, are recognized as intangible assets when the projects are likely to generate future economic benefits,
considering their commercial and technological feasibility, availability of technical and financial resources, and only if the cost can
be reliably measured.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.65pt 0 77.95pt; text-align: justify">Capitalized development expenses are amortized
from the moment the benefits begin to be generated (units produced) based on the aircraft sales forecast, with the amortized amounts being
allocated to the production cost. These sales forecasts are reviewed at least annually.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt"><B><I>b)</I></B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Computer programs (software)</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.75pt 0 77.9pt; text-align: justify">Software licenses acquired are capitalized
and amortized over their estimated useful life.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">Expenses associated with software maintenance
are recognized as expenses as they are incurred. Expenses directly associated with software, controlled by the Company and which will
likely generate economic benefits greater than the costs for more than one year, are recognized as intangible assets.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.10</TD><TD STYLE="padding-right: 242.45pt">Impairment of non-current assets</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.65pt 0 77.9pt; text-align: justify">Cash Generating Units (CGUs) with allocated
property, plant and equipment and intangible assets with a defined useful life are analyzed, at the end of each quarter, to assess whether
there are indicators that their carrying amount may not be recoverable, for purposes of carrying out the impairment test.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.35pt 0 77.9pt; text-align: justify">Assets are grouped into UGCs, taking into
account the Company's business model and the way it monitors the cash flows generated. In general, the UGCs are defined according to the
aircraft families/platforms or other lines of products and services provided by the Company, regardless of their geographic location.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.5pt 0 77.9pt; text-align: justify">The Company applies the value-in-use concept
using the projected cash flow, discounted at the appropriate rate that reflects the investors' expected return. The cash flow projection
for each CGU takes into account the Company's medium and long-term Strategic Plan, prepared based on all the characteristics and expectations
of each business.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.3pt 0 77.9pt; text-align: justify">When the impairment test is carried out, Management
compares the carrying amounts of the Company's CGUs with their respective recoverable amounts, which are determined by the higher value
between the value in use and the fair value less selling expenses. An impairment loss is recognized when the carrying amount exceeds the
recoverable amount.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 77.9pt; text-align: justify">As of July 31, 2021, the UGCs that make up the
shareholders&#8217; equity have no impairment losses.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.15pt"></TD><TD STYLE="width: 42.55pt">1.1.11</TD><TD>Trade accounts payable - confirming</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.3pt 0 77.9pt; text-align: justify">The Company entered into an agreement with
financial institutions to carry out commercial transactions with suppliers. In these transactions, suppliers may transfer, at their sole
discretion, the right to receive securities issued against the Company to these financial institutions, which become creditors of the
discounted securities. This transaction does not significantly change the prices and commercial conditions negotiated by the Company with
its suppliers. Securities transferred by suppliers to a financial institution have an average maturity of 120 days.</P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.12</TD><TD>Loans and financing</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.3pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">Loans obtained are initially recognized
at fair value, net of costs incurred to obtain them, and subsequently measured at amortized cost (plus charges and <I>pro-rata</I> interest)
considering the effective interest rate of each transaction.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">Loans are classified as current liabilities,
unless the Company has an unconditional right to defer settlement of the liability for at least 12 months after the reporting period.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.13</TD><TD>Capitalization of interest on loans</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">When the construction or production of
an asset takes a substantial time to be ready for use, the costs on existing loans are capitalized as part of the cost of these assets.
These costs are allocated based on an average rate of all active loans, weighted over these assets&#8217; additions in the period. Borrowing
costs are interest and other costs incurred by the Company in borrowing funds.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.14</TD><TD>Contract assets and liabilities</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">Contract assets relate to the Company's
rights to consideration for work completed and not invoiced on the balance sheet date, net of advance payments received from customers
and any expected credit loss. Contract assets are transferred to accounts receivable from customers when entitlements become unconditional.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">Contract liabilities refer to advances
on consideration received by the Company prior to aircraft deliveries, as well as related to the supply of spare parts, training, technical
representative and other obligations contained in the aircraft sales contracts.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.15</TD><TD>Financial guarantees and residual value guarantees</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.35pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">The Company may provide financial or residual
value guarantees as part of the financing structure upon delivery of its aircraft.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.95pt 0 77.95pt; text-align: justify">The residual value is guaranteed to the financing
agent and is based on the expected future value of these aircraft at the end of the financing and is subject to a contractually agreed
cap.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.7pt 0 77.9pt; text-align: justify">Financial guarantees are priced upon delivery
of the aircraft and recorded as a reduction in sales revenue against the financial guarantees account as contract liabilities. This revenue
is realized over the aircraft&#8217;s financing term so that at the end of the financing the contract liability is fully recognized.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.35pt 0 77.9pt; text-align: justify">To address the risk of loss with these guarantees,
the Company may recognize an additional provision as significant events occur, such as a client filing for court-supervised reorganization,
based on its best loss estimate.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.25pt 0 77.9pt; text-align: justify">In some cases, the Company maintains guarantee
deposits in favor of third parties to which financial or residual value guarantees related to aircraft financing structures have been
provided.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.15pt"></TD><TD STYLE="width: 42.55pt">1.1.16</TD><TD>Unearned income</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.35pt 0 77.9pt; text-align: justify">Unearned income substantially comprises amounts
received by the Company in contracts with financial institutions in which the underlying services and obligations will be provided during
a period established in the respective contracts. As the obligations are met, the amounts will be incorporated as an increase in the Company's
shareholders' equity.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.1pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt">1.1.17</TD><TD>Provisions</TD></TR></TABLE>

<P STYLE="font: 11.5pt Georgia, Times, Serif; margin: 0.15pt 0 0"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34.7pt"></TD><TD STYLE="width: 43.2pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.05pt"><B>1.1.17.1</B></FONT></TD><TD><FONT STYLE="font-size: 10pt"><B>Product warranty </B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.3pt 0 77.9pt; text-align: justify">When aircraft are delivered, expenses for warranty
coverage of these products are estimated and recognized. These estimates are based on historical factors including, among others, warranty
claims and related costs of repairs and replacements, warranty given by suppliers, contractual coverage period and studies on warranty
standards for new aircraft, for which a higher cost of use upon the launching of the platforms is expected, with the reduction of such
cost as the production process matures and the cycle of the aircraft in service increases. The warranty coverage period varies between
3 to 6 years.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">Occasionally, the Company may be required to
make changes in the product due to requests made by the aeronautical certification authorities or after delivery, due to the implementation
of improvements or to the aircraft&#8217;s performance. Estimated costs for such changes are accrued at the time new requirements or improvements
are required and known.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">Management periodically monitors the
usage history and evolution of the product warranty, and if appropriate, revises the estimate.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 34.7pt"></TD><TD STYLE="width: 43.2pt"><FONT STYLE="letter-spacing: -0.05pt">1.1.17.2</FONT></TD><TD>Provision for contingency</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.15pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">Provisions are recognized taking
into account the opinion of the Management and its legal advisors, the nature of the actions, the similarity with previous processes,
their complexity and court decisions. Whenever the loss is assessed as likely, which would likely cause an outflow of funds for the settlement
of obligations, and when the amounts involved are measurable with sufficient certainty, the provision is recognized. Provisions for labor
claims are recognized based on the historical percentage of disbursements for each claim. The amounts provisioned reflect the Company's
best estimate for measuring the outflow of resources that is expected to occur.</P>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 12pt 0 0 42.5pt">2&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RELEVANT ACCOUNTING
ESTIMATES AND CRITICAL ACCOUNTING JUDGMENTS</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.3pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">The preparation of the balance sheet, in
accordance with the CPCs, requires the Company to use estimates and adopt assumptions and judgments that affect the amounts of assets
and liabilities. Therefore, to prepare the balance sheet included in this report, the Company uses variables and assumptions derived from
past experience and other factors considered relevant. These estimates and assumptions are continually reviewed and any changes thereto
are prospectively applied and adopted.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">The main variables and assumptions used
in the Company's estimates and relevant sensitivity in the judgments applicable thereto are described below:</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt"><FONT STYLE="letter-spacing: -0.05pt">2.2</FONT></TD><TD>Residual Value Guarantees</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.3pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify"><FONT STYLE="letter-spacing: 0.1pt">Residual
value guarantees granted on the sale of new aircraft may be exercised at the end of the financing agreement entered into between a financial
agent and the customer/operator of these aircraft. The guarantees are initially measured at fair value and are revised quarterly to reflect
any losses due to the fair value of these commitments. Residual value guarantees may be exercised if the quoted market value is lower
than the future fair value guaranteed. Future fair value is estimated in accordance with assessments of aircraft provided by third parties,
including information from sale or leasing of similar aircraft in the secondary market</FONT>.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 35.3pt"></TD><TD STYLE="width: 42.6pt"><FONT STYLE="letter-spacing: -0.05pt">2.3</FONT></TD><TD>Impairment of non-current assets</TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.3pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 7.4pt 0 77.9pt; text-align: justify">Impairment tests consider the Company's
future medium and long-term strategic plans, brought to present value at a discount rate compatible with the market and which reflects
the investors' expected return. In preparing or using this information, the Company uses estimates as follows:</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10.5pt Georgia, Times, Serif; margin: 0 7.1pt 0 77.95pt; text-align: justify"><B>Expected gross cash flow</B>- Management
projected cash inflows and outflows based on past performance taking into account its expectations for market development and business
strategy. These projections also take into account the efficiency gains planned for the product cycle.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 77.9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt"><B>a)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.55pt"><FONT STYLE="font-size: 10pt"><B>Growth rates </B>- the growth rates were reflected
in the revenue flow budgeted by the Company and are in line with the forecasts included in the industry reports.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 77.9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt"><B>b)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 7.55pt"><FONT STYLE="font-size: 10pt"><B>Discount rates &#8211; </B>the Company uses an
appropriate discount rate that reflects the investors' expected return at the time the calculation is made. This rate is also compared
with the market to confirm its consistency.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="border-bottom: Black 1pt solid; text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"><B>Annex II <FONT STYLE="letter-spacing: -0.25pt">to the appraisal report on the </FONT>shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records issued on October 8, 2021</B></P><P STYLE="text-align: left; font: 12pt Georgia, Times, Serif; margin: 9pt 0 0 77.9pt"><B>Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A.</B></P><P STYLE="text-align: left; font: bold 10pt Georgia, Times, Serif; margin: 9.1pt 206.95pt 0 77.9pt">Summary of the main accounting practices adopted by management in the preparation of the shareholders&rsquo; equity as of July 31, 2021</P><P STYLE="text-align: left; font: 8pt Georgia, Times, Serif; margin: 0 0 0.95pt 77.9pt"><B>In reais, unless otherwise indicated </B></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0.1in 0 95.9pt; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 77.9pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-size: 10pt; letter-spacing: -0.1pt"><B>c)</B></FONT></TD><TD STYLE="text-align: justify; padding-right: 0.1in"><FONT STYLE="font-size: 10pt"><B>US$/R$ exchange rate </B>- the future cash flows
of the Company's cash generating units have revenues predominantly in US dollars and are
therefore sensitive to fluctuations and structural changes in the US$/R$ exchange rate threshold since certain production costs and overheads
are carried out in reais (such as payroll). Depreciation of the R$ against the US$ can affect future cash flows positively, while the
appreciation of the R$ can cause a reduction in the future cash flows of the cash generating units and possible impairment losses. The
Company uses derivative financial instruments for protection against short-term fluctuations, as described in Note 2.2.5.</FONT></TD></TR></TABLE>
<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0.1in 0 95.9pt; text-align: justify"></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 9.15pt 0 0 70.55pt; text-align: center">*&#9;*&#9;*</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"></P>

<!-- Field: Page; Sequence: 36; Options: NewSection; Value: 16 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 8pt Georgia, Times, Serif; margin: 1pt 3pt 0">This Annex is an integral and inseparable part of the appraisal report on the shareholders&rsquo; equity comprised of certain assets and liabilities based on the accounting records of Yabor&atilde; Ind&uacute;stria Aeron&aacute;utica S.A., issued by PricewaterhouseCoopers, dated October 8, 2021.</P><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --> of 16&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><P STYLE="text-align: left; font: 10pt Georgia, Times, Serif; margin: 4.95pt 228.2pt 0 77.9pt"></P></TD></TR></TABLE><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; "><B>&nbsp;</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; background-color: white"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-indent: 24.5pt; background-color: white">Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 0; background-color: white">Date: November 30, 2021</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 40%">
  <TR>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Embraer S.A.</FONT></TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: black 0.75pt solid">/s/ <I>Antonio Carlos Garcia</I></P></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Name:</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Antonio Carlos Garcia</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Executive Vice President of Finance and Investor Relations&nbsp;&nbsp;</FONT></TD></TR>
  </TABLE><BR STYLE="clear: both">
<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
