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Investor Presentaiton

Embraer: value stream Values by stakeholder Business efficiency Results Culture PE PROGRAMA DE EXCELENCIA EMPRESARIAL EMBRAER Staff WIN CUSTOMERS + + DEVELOP PRODUCTS DELIVER ORDERS SERVE CUSTOMERS BUSINESS MANAGEMENT* CUSTOMERS | AVAILABILITY, PERFORMANCE, COMPETITIVE OFFERING/ SOLUTIONS, SAFETY 88 SHAREHOLDERS | FINANCIAL RETURN/ FINANCIAL HEALTH PEOPLE PROFESSIONAL AND PERSONAL FULFILLMENT 000 MAM PARTNERS | INTEGRITY AND CONTINUITY SOCIETY AND THE ENVI- RONMENT | RESPECT FOR SOCIETY AND THE ENVIRON- MENT, WITH GENERATION OF WEALTH AND WELL-BEING * In 2016, the company established the Business management value stream, which joined the previous flows Serving shareholders, Generating value for partners, Respecting society and the environment and Attracting and retaining people. 22 One of the fundamental elements of the com- pany's management model is the Embraer Enterprise Excellence Program (P3E), through which employees are engaged in re-envision- ing processes for continual improvement of results. Divided into four pillars, the program is considered a key element for the evolution of corporate management. Leadership Transformation management The application of the lean management phi- losophy is the essence of P3E. Guided by the optimization of processes and the reduction of waste, this philosophy provides reduction in costs as well as gains in productivity and quality. In 2016, P3E has made it possible to improve the efficiency of Commercial Avi- ation, through a project aimed at reducing production cycles. The program also result- ed in the qualification of the sales process for Executive Aviation, which is generating better operating margins. Awards and recognition Brazil's Most Innovative Company | Award from the Valor Econômico newspaper, in partnership with the consulting firm Strategy&. The compa- ny came in first place in the ranking based on an evaluation of the revenues invested in inno- vation, the creation of new products and the maturity of innovation processes. 2016 Best Companies to Work For in Brazil | Ranking shared by the consulting firm Great Place to Work® and by the magazine Época. This recognition demonstrates the culture of valuing the internal public and its commit- ment to the company's performance. The Best Companies for Starting your Career | Survey conducted by the magazine Você S/A in partnership with the Fundação Instituto de Administração (FIA) and Companhia de Talen- tos, which evaluates the satisfaction of young people starting their careers. EMBRAER E190-E2 Best Companies for Human Resources | Award given by the newspaper Valor Econômi- co and by the consulting firm Aon to compa- nies that adopt the best practices in human resources management. Transparency in Corporate Reports: Evalu- ating Multinationals in Emerging Markets | Study conducted by the International Trans- parency NGO, which analyzed 100 compa- nies operating in 185 markets and head- quartered in 15 countries. Among the 12 Brazilian companies analyzed, Embraer was the only one to be graded above 5 (5.6) on a scale from zero (least transparent company) to 10 (most transparent company). Empresas Mais | Prize given by the newspa- per O Estado de S. Paulo in partnership with the Fundação Instituto de Administração (FIA). Embraer won first place for the category PR-ZEY EZ "Vehicles and Car Parts" and stood out among the ten leaders in Corporate Governance. Aviation International News' 2016 Product Support Survey | Product support survey con- ducted annually by the U.S. magazine Aviation International News (AIN). In 2016, Embraer's Executive Aviation reached the top of the rank- ing with the highest average for all aspects of the survey (8.4 points out of a total of 10) for new and used executive jets. Pro Pilot magazine's Corporate Aircraft Prod- uct Support Survey | Executive Aviation also stood out by taking first place, for the sec- ond consecutive year, in the customer sup- port survey for executive aircraft from the magazine Pro Pilot. Embraer achieved 8.58 points, the highest score among all man- ufacturers in the 26 years that the survey has been conducted. +
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