Material Fact: 2022 Guidance Update

45 1 Material Fact: 2022 Guidance Update

<br /> Material Fact: 2022 Guidance Update<br />

PR Newswire




Nov. 14, 2022

/PRNewswire/ — Embraer S.A. (B3: EMBR3, NYSE: ERJ) (”


” or ”


“), in compliance with Resolution no. 44, issued on

August 23, 2021

by the Securities Commission of




“), informs its shareholders and the market in general its updated projections for Free Cash Flow (

Fluxo de Caixa Livre

) for the year of 2022.

In the first nine months of 2022, Embraer recorded an accumulated Free Cash Flow (

Fluxo de Caixa Livre

) higher than the Company’s initial expectations for the performance of the indicator in this period, mainly as a result of the improvement in operating margins, better management of working capital, tax efficiency, among other factors. In addition, Embraer highlights that, as usual, it will have a higher concentration of deliveries and revenues in the fourth quarter when compared to the seasonality of the other quarters of the year.

As a result, Embraer is updating its projections for Free Cash Flow (

Fluxo de Caixa Livre

) for 2022, from US$ 50 million or more to a projection of US$ 150 million or more for the year. All other components of the Company’s projections and financial information remain unchanged.





Commercial Aviation Deliveries (

60 – 70

60 – 70

Executive Aviation Deliveries

100 – 110

100 – 110

Consolidated Net Income (US$ Billions)

$4.5 – 5.0

$4.5 – 5.0

Adjusted EBIT Margin

3.5% – 4.5%

3.5% – 4.5%

Adjusted EBITDA Margin

8.0% – 9.0%

8.0% – 9.0%

Free Cash Flow (US$ Millions)

$50 or more

$150 or more


Without Eve

Such changes in Embraer’s projections will be set out in Section 11 of the Company’s Reference Form and will be available on the CVM’s website at

and on the Company’s website at

within the period set forth in the applicable regulation.

Furthermore, Embraer notes that the information disclosed in this document represents only an estimate and an expectation, which in no way represents any assurance of any outcome. The projections above depend on market factors which are outside the Company’s control and, therefore, may be subject to further change.

São José dos Campos,

November 14, 2022


Antonio Carlos Garcia

Executive Vice-President, Financial and Investor Relations

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SOURCE Embraer S.A.

rt Material Fact: 2022 Guidance Update

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