requirements of its “Replacement Capacity Tactical Airlift” project, which provides for the SINCE 2008, EMBRAER IS A SIGNATORY AND REAFFIRMS ITS COMMITMENT “ acquisition of 昀椀ve tactical transport aircraft. Besides this, we announced with L3Harris TO THE UN GLOBAL COMPACT. IN 2022, WE MOVED FORWARD ON OUR JOURNEY Technologies a partnership to develop an “Agile Tanker,” a tactical aerial refueling option to TOWARD A LOW-CARBON ECONOMY AND A MORE DIVERSE COMPANY WHILE meet U.S. Air Force operational guidelines. MAINTAINING THE HIGHEST STANDARD IN CORPORATE GOVERNANCE. The service and support business continues to post positive results, with a growing order Francisco Gomes Neto - President of Embraer ” book and positive gross margin. The growth was based on the expansion of the sale of ma- terials (parts and support for special programs) thanks to a greater use of the Commercial and Executive Aviation aircraft 昀氀eet. The main driver of commercial aviation services were Lastly, it was with great joy that we received the “Great Place to Work” certi昀椀cation in seve- Pool Program contract renewals such as Blue and LOT Polish, as well as new customers, in- ral countries that we operate. For us, it is an important recognition to be celebrated, since cluding Porter Airlines, Sky High Aviation Services, and Western Air, operator of the largest we believe that engaged and passionate people achieve the best results and create a happy 昀氀eet of ERJs in the Caribbean. Another highlight is new contracts for more than 20 Breeze and healthy work environment. and Envoy Air Airframe Maintenance and Repair aircraft. For this year, despite persistent value chain constraints and global macroeconomic risks, In the innovation pillar, we have taken an important step to cement our performance in we see a better outlook in terms of revenue and pro昀椀tability. The aircraft slots on the pro- the start-up urban air mobility industry (UAM), which should represent a great business duction line for deliveries in 2023 and 2024 are almost completely 昀椀lled, for both commer- opportunity in the coming years. In May, we completed Eve’s spin-off by listing the company cial aviation and business jets. on the New York Stock Exchange. With a full portfolio of solutions for the UAM market, an Therefore, adding our focus and discipline in business ef昀椀ciency concerning innovation advanced electric vertical take-off and landing aircraft (eVTOL) design and a comprehen- projects to ongoing sales campaigns in all business units, we are very con昀椀dent in Embra- sive global service and support network, Eve ended 2022 with 26 publicly announced cus- er’s sustainable growth in this and the coming years. tomers, with potential orders for 2,770 vehicles valued at USD 8.3 billion, the industry’s largest backlog. Today we have a very comfortable cash position compared to previous years, a portfolio of Regarding our journey to a low-carbon economy and more sustainable aviation, we announ- top-notch products and services, and highly quali昀椀ed people. We demonstrate commit- ced the advances in the Energia Family program, which consummated the concept aircraft ment and discipline in accomplishing our strategy and resilience to meet the challenges into two models with a capacity of 19 to 30 seats, both with hybrid electric and hydrogen ahead. Besides, we continue to advance strategic partnerships for the business. electric propulsion. Furthermore, alongside Pratt & Whitney, we successfully tested a GTF- I would like to end with a strong thank you to the Embraer team, which once again showed -powered E195-E2 aircraft using 100% sustainable aviation fuel (SAF), the 昀椀rst step in the cer- commitment and dedication to overcome the challenges, always keeping the focus on qua- ti昀椀cation process to maximize emissions reduction with the use of sustainable aviation fuels. lity and safety, and also to our shareholders and customers for their trust in our company. We also project for 2024 our goal of using 100% renewable electricity in our facilities in Brazil, which account for about 70% of our total electricity consumption. In addition, we signed a memorandum of understanding with Raízen, of the Shell/Cosan group, to evaluate the sustainable aviation fuel (SAF) production market in Brazil – contributing not only to our Francisco Gomes Neto - President of Embraer emissions, but to the entire aviation industry in the country. Alexandre Silva - Chairman of the Board of Directors
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