PR Newswire | Nov 12, 2021 08:31AM EST

11/12 07:30 CST

EMBRAER S.A.: Notice To The Market SAO JOS DOS CAMPOS, Brazil, Nov. 12, 2021

SAO JOS DOS CAMPOS, Brazil, Nov. 12, 2021 /PRNewswire/ -- Embraer S.A. (B3: EMBR3, NYSE: ERJ) ("Embraer" or the "Company") informs its shareholders and the market that it became aware on this date of the Brazilian Federal Government's decision to unilaterally reduce by 25% the total value of Contracts 002/DCTA-COPAC/2014 and 10/DCTA-COPAC/2014, signed in 2014 between the Federal Government, Embraer, and one of its subsidiaries ("Contracts"). The Contracts contemplate the supply of 28 KC-390 aircraft by Embraer to the Federal Government.

As soon as it is formally notified by the Federal Government, the Company will seek legal measures relating to the economic and financial rebalancing of the Contracts, as well as evaluating the effects of the reduction of the Contracts on its business and results.

Embraer reinforces its commitment to the KC-390/C-390 Millennium project, the new generation multi-mission aircraft, as well as its belief in the export potential of this product, which brings unique innovations in its category and which has already been acquired by two European nations.

Finally, Embraer reiterates its role as a strategic partner of the Brazilian Air Force in the development and implementation of high added value technological solutions and products, a partnership established for over 50 years.

Antonio Carlos GarciaExecutive Vice-President and CFO

PRESS OFFICES:

Headquarters (Brazil)

Corporate Communications embraer@idealhks.comCell: +55 11 98890 7777 Tel.: +55 11 4873 7984

North America

Alyssa Ten Eyck ayeck@embraer.comCell: +1 954 383 0460 Tel.: +1 954 359 3847

Europe, Middle East and Africa

Guy Douglas guy.douglas@nl.embraer.comCell: +31 (0)657120121 Tell: +31 (0)202158109

China

Mirage Zhong mirage.zhong@bjs.embraer.comCell: +86 185 1378 5180 Tel.: +86 10 6598 9988

Asia Pacific

Nilma Missir-Boissac nilma.boissac@sin.embraer.comCell: +65 9012 8428 Tel.: +65 6305 9955

View original content: https://www.prnewswire.com/news-releases/embraer-sa-notice-to-the-market-301423034.html

SOURCE Embraer S.A.