Message from the
MANAGEMENT
In a year marked by the progress in the
confidence in the Company.
vaccination against the Covid-19 pandemic
and the beginning of recovery of the global
economy, in 2021 we kept our focus on
the execution of our strategic plan, Fit For
Growth, whose main goal is the company’s
profitable growth. Thanks to great
discipline and agility, we already showed a
better financial performance in 2021 and
Two factors were fundamental for the
performance improvement last year: the
short-term projects for efficiency gain and
the long-term growth vision, with initiatives on
innovation and ESG, such as Eve Air Mobility,
a company created by Embraer to bring the
urban air mobility market up to speed.
we are sure about the path of sustainable
Regarding efficiency, we advanced
growth for the upcoming years.
in important projects like inventory
It is important to highlight that in 2021 we
reached the guidance presented to the
market last July, having even surpassed it
in some indicators. We had an increase in
revenue, a positive EBITDA, order backlog
at pre-pandemic levels, and we exceeded
the free cashflow goal. All this contributed
to the appreciation of our shares in the
market, strengthening the investors’
management, with an increase in inventory
turnover and reduction of aircraft production
cycle. On the innovation and strategic
partnership fronts, we signed a definitive
agreement to combine businesses between
Eve and Zanite Acquisition Corp, which
will lead to opening Eve’s capital, with
stock being traded at the New York Stock
Exchange (NYSE).
Watch the message from Embraer Chief Executive Officer,
Francisco Gomes Neto, using the QR Code or clicking on the video above.
SINCE 2008, Embraer
is a signatory and reaffirms its
commitment to UN’s Global Compact.
In 2021, we took a significant step
towards the advancement of the
practices oriented to environmental
issues, social and corporate
governance actions.
Last August we issued new ESG
commitments and goals, which include
reaching carbon neutrality in our operations
until 2040, by using 100% energy from
renewable sources and gradually increasing
the use of Sustainable Aviation Fuel (SAF)
in our own flights.
We are also working together with
suppliers and all the industry to achieve
zero net emissions aviation by 2050,
developing the necessary products based
on new sustainable technologies, such as
electrical, hybrid, and hydrogen propulsion.
As part of such initiatives, we conducted
the first flight of our electric demonstrator
aircraft and we launched a family of
concept airplanes of low and zero emission,
the Energia Family. It is comprised of four
aircraft models, with one 100% electric,
another with hybrid-electric propulsion,
a third one hydrogen-driven and a fourth
hybrid model with SAF and hydrogen.
Priority for the Company, safety of our
products remains a continuous focus
on the agenda of senior management,
leaders, and collaborators. Our flight
safety policy and other robust internal
processes pervade the entire Company
and encourage a permanent and rigorous
commitment from our team during the
development and maintenance of our
aircraft, as well as in our service centers.
We adopt a proactive, customer-focused
approach throughout the product’s
whole lifecycle.
In addition to the initiatives on efficiency,
innovation and ESG, we are very well
positioned to grow by means of the
increase in sales of our current product
portfolio across all segments we operate in.
In Commercial Aviation, flight resumption
is increasing, especially regional ones,
and there is still a large potential for
expansion over the next five years. In 2021,
we delivered 48 aircraft and we announced
new commissions of the E2 family from
important customers, such as Canadian
Porter Airlines and Swiss Helvetic Airways,
in addition to new orders of E175 for the
North American market. We also had
important advancements in markets with
a strong expansion, such as Africa
and Asia-Pacific.
The growth was even more significant in
Executive Aviation, with strong demand
and record sales. We delivered 93 executive
jets in 2021 and registered the largest
volume in sales in the recent years – for the
North American flight-sharing company
NetJets alone there were more than 100
new Phenom 300 jets.
The Defense & Security segment, in turn,
delivered 14 A-29 Super Tucano light
attack aircraft. During the year, five KC-
390 Millennium were under production,
including one for the Portuguese Air
Force and another one for the Hungarian
Air Force. The SABER M200 Vigilante
radar was presented and delivered to
the Brazilian Army to meet the needs of
protection of the national territory.
In the Services & Support unit, we closed
multi-annual agreements with Azul Linhas
Aéreas and Republic Airways for the
Embraer Collaborative Inventory Planning
(ECIP) program. We also announced
several contracts of Pool and maintenance
services for air companies such as KLM
Cityhopper, CommutAir, and Porter Airlines,
including 11 new clients in the Pool Program
and 12 renewals.
Lastly, for this year we will continue to be
attentive to possible developments of the
pandemic, and, at the same time, we will
keep focus on the evolution of our strategic
plan, speeding up Embraer’s growth and its
profitability improvement.
The Board has been monitoring the
development of the conflict between Russia
and Ukraine and its potential impacts on
the Company’s operations, its customers,
and its suppliers.
Despite the challenges, we are very
confident in our journey of evolution. We
have a clear vision, a robust plan, and
discipline in the execution, and, most
importantly, a team that is united and very
committed to the sustainable growth of our
Company, towards higher flights.
Francisco Gomes Neto
Embraer Chief Executive Officer
Alexandre Silva
Chairman of the Board of Directors
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I N D E X
06
About
EMBRAER
12
Fit For Growth
& FINANCIAL
PERFORMANCE
15
ESG - Commitment to the
FUTURE
32
INNOVATION
42
BUSINESS
Units
Introduction ......................................... 07
Introduction ......................................... 13
ESG Introduction ................................. 16
Introduction .......................................... 33
Introduction ..........................................43
Where we are .......................................08
Operational Result ............................. 14
Environmental Commitment ..............17
Innovation Strategy ............................. 34
Commercial Aviation ...........................44
Our values ............................................09
Timeline ................................................ 10
Commitment to a more diverse and
inclusive society ................................ 21
Partnerships with universities and
research centers around the world . 35
Commitment to ethics and
transparency ........................................ 30
Innovation Culture ...............................37
New markets: EmbraerX .................... 38
Beacon ................................................... 39
Eve Air Mobility .................................... 40
Executive Aviation ............................... 47
Defense & Security ..............................52
Services & Support .............................55
Agricultural Aviation .......................... 60
About
EMBRAER
6
ABOUT
EMBRAER
Embraer is one of the largest aerospace
and defense conglomerates in the world.
Every 10 seconds on average an aircraft
manufactured by the company takes off
from some airport, carrying more than
145 million passengers annually around
the planet.
A leader in the segments in which
it operates in Commercial Aviation,
Executive Aviation, Defense & Security,
and Services & Support markets, and
with more than 8,000 aircraft produced
and delivered in the course of its history,
Embraer is an exponent of innovation
since its inception in 1969, and such
strength is its fundamental pillar for
sustainable growth. That is why the
company encourages an ecosystem for
the generation and spread of knowledge
which in turn fosters the quality of
their collaborators’ development,
increases competitivity in the national
aeronautical industry, promotes
scientific development and positively
impacts society as a whole.
COLLABORATORS
Embraer is the leading exporter of goods
with high added value in Brazil, with
industrial operations, offices, service
and distribution centers in the Americas,
Middle East, Africa, Asia, and Europe.
7
7
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEORDER PORTFOLIO 2021US$ 17 BILLIONOne of the leaders in the aerospace and defense industryAROUND18,000
ABOUT
EMBRAER
Where we are
8
8
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEMexicoChihuahuaSubsidiary:EzAirPortugalÉvora Subsidiary:OGMAUnited StatesMesa Nashville Melbourne Irwindale Windsor LocksFort Lauderdale Jacksonville Memphis DallasTitusvilleBrazilSão José dos CamposGavião PeixotoBotucatuTaubatéBrasíliaBelo HorizonteSão PauloRio de JaneiroSorocabaCampinasFlorianópolisSubsidiaries:AtechVisionaTempestUnited KingdomFarnboroughIrelandDublinArab EmiratesDubaiChinaBeijingSingaporeSingaporeFranceLe BourgetNetherlandsAmsterdam
ABOUT
EMBRAER
Embraer’s values were built collectively, engaging collaborators all over the world, and bring the deepest and most integrative view of what is at the company’s
core. They make for a solid ground, based on ethics and integrity, from which Embraer will always develop science and technology, generating value to its clients,
shareholders, collaborators, the society and other stakeholders.
Ethics and integrity are
in everything we do
Our people are what
makes us fly
We exist to serve our
customers
We seek corporate
excellence
From the simplest
activity to the greatest
achievements. We
follow the rules and
we question when
necessary, always in
pursuit of what is right
and better for society,
for the company and
for all.
Happy, competent,
valued people who are
committed to what they
do. People who work
as a team and act with
integrity, coherence,
respect, and mutual
confidence.
Conquer of customer
loyalty by means
of their complete
satisfaction and the
building of strong and
lasting relationships.
Establishment of
partnerships based
on real commitment
and flexibility.
Corporate action
oriented to simplicity,
agility, flexibility, and
safety, continuously
looking for ongoing
improvement
and excellence.
Entrepreneurial attitude
based on integrated
planning, responsible
delegation, and
disciplined execution.
Boldness and
innovation are our
mark
Technological vanguard,
an organization that is
continuously learning,
capacity of innovating,
transforming internal
reality and influencing
the markets in which
it operates. Strategic
vision and ability to
creatively and boldly
overcome challenges.
Global action is our
frontier
We build a sustainable
future
Global thinking and
presence, with local
actions as competitive
levers, through the use
of what is best in each
location. A vision of a
world without borders
and appreciation
of diversity.
Relentless search for
laying the grounds of
an everlasting company
that is profitable to
its shareholders and
respectful to quality of
life, the environment,
and society.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEEmbraer’s essenceOur values
ABOUT
EMBRAER
How we
got here
10
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCETimeline
ABOUT
EMBRAER
11
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
Fit For Growth &
FINANCIAL
Performance
12
FIT FOR GROWTH
FINANCIAL PERFORMANCE
Fit For Growth &
financial performance
Embraer kept its focus on the
execution of its strategic plan,
Fit For Growth, and presented
an improvement in its financial
performance compared to 2020.
With this result, we fulfilled the
net revenue estimate disclosed
to the market and closed the
year with a US$ 3.3 billion
market value, compared to
US$ 1.3 billion registered the
previous year.
Learn more:
Strategic Plan Fit For
Growth
Relationship with
Investors
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEDELIVERED IN 2021141 AIRCRAFT
Operational Result
Adjusted operational result was US$ 167 million and
adjusted operational margin (EBITDA) was 4.0%.
Increase in total volume of delivered aircraft
and the growth in Services & Support revenue,
combined with cost controlling measures, largely
explain the improvement in rentability when
compared to 2020.
Adjusted EBITDA in 2021 was US$ 363 million
and adjusted percentage margin was 343%
higher than in 2020, with an adjusted EBITDA
margin of 8.6%.
The company stock, listed on the São Paulo
Exchange (B3) and the New York Stock
Exchange (NYSE), closed 2021 with an
appreciation of respectively 180% and 160%,
having the higher appreciation percentage
among all companies listed on Ibovespa
(index of most traded shares at B3).
FIT FOR GROWTH
FINANCIAL PERFORMANCE
Revenue per segment
Net Revenue US$ Billions
Revenue per region
Net Revenue US$ Billions
3.8
24%
17%
23%
30%
4.2
27%
14%
27%
32%
2%
3.8
3%
4%
10%
14%
67%
1%
4.2
4%
5%
11%
27%
52%
2020
2021
2020
2021
Commercial Aviation
Executive Aviation
Defense & Security
Services & Support
North America
Europe
Brazil
Asia-Pacific
Latin America
Others
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE11% higher than 2020US$ 4.2 BILLIONTOTAL NET REVENUE
Commitment to the
FUTURE
15
COMMITMENT
TO THE FUTURE
Embraer keeps its gaze on the future and has always had in mind its role to leave a positive legacy for future generations. The year 2021
was marked by the officialization of important commitments and new ESG long-term goals, focusing on decarbonization and reinforcing
its historic action in social responsibility.
E / Environment
S / Diversity, Inclusion, and Education
G / Governance
Robust Ethics
and Compliance
program, fully
aligned to
global norms.
Keeping
the highest
international
Governance
standards.
Keeping higher-
than-80% approval
rate of students from
Embraer high schools
in public universities.
Carbon neutral
growth from
2022 on.
Commitment to
reaching 50% of
diversity in hirings
across all company’s
entry programs
until 2025.
Promoting
professional
qualification in the
technology area
for 1,500 people of
minority groups until
2025 with the Social
Tech Program.
100% of electric
energy coming
from renewable
sources until
2030.
Carbon-neutral
operations by
2040.
Products for
a zero-carbon
aviation by
2050.
2022
2025
2030
2040
2050
Ongoing training on
Diversity & Inclusion for
100% of the leadership
functions until 2021 and
for all collaborators
by 2022.
Keeping our
products’ high
safety standards
and fully aligning
to international
requirements.
Reaching 25% of
women in Embraer’s
aeronautical
engineering
master’s program
until 2025.
Reaching 20% of
women in senior
leadership functions
until 2025.
Click and access our
Sustainability Indicators
16
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Environmental commitment
GOALS
Carbon-neutral growth
from 2022 on
Carbon-neutral in
operations until 2040
100% of electric energy
coming from renewable
sources by 2030
Products for zero-carbon
aviation until 2050
“
At Embraer we recognize the urgency of the climate crisis, and we
are fully committed to a more sustainable future. We intensified our
efforts to minimize our carbon footprint by remaining dedicated to
innovative solutions which have a broader impact to our clients, local
communities and our aircraft.
“
— Francisco Gomes Neto, Embraer Chief Executive Officer —
ESG Flight Plane event - Best moments
Click and access our
Sustainability Indicators
17
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Environmental commitment
LAUNCH OF ENERGIA FAMILY
In 2021 we announced a concept family of commercial aircraft of low
and zero emission, comprised of four models of different ranges and
number of seats, which incorporate new propulsion technologies:
hybrid electric, 100% electric, hydrogen fuel cell and gas bi-fuel turbine
(hydrogen or SAF/JetA).
This new product family strengthens Embraer’s commitment to the
environment established with the aeronautical industry to reduce
carbon emission to zero until 2050.
Learn more:
Meet Energia Family
Support to the global pact for zero
carbon emission
Our commitment to carbon-neutral
operations
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEEMBRAER’S ESG COMMITMENT, UNTIL 2050ZEROCARBONEMISSION
COMMITMENT
TO THE FUTURE
Environmental commitment
EVTOL DEVELOPMENT
Through Eve Air Mobility, an
independent company created to
accelerate the future of urban air
mobility, Embraer moved forward in
the development of eVTOL. The 100%
electric vertical take-off and landing
vehicle with low noise has a simple
and user-centered design.
Learn more:
eveairmobility.com
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Environmental commitment
FIRST FLIGHT OF THE ELECTRICAL DEMONSTRATOR
NEW GENERATION TURBO-PROPLELLER
Embraer set an important historical milestone by conducting the
first flight of a 100% electric-driven aircraft. The technological
demonstration prototype uses the EMB 203 Ipanema’s platform, and
it is an important tool to speed up knowledge in the aeronautical
electrification area, which can be applied to future projects.
Embraer is moving forward in its proposal for the development of a new
commercial turbo-propelled aircraft, focused on the development of
the short-range market and with a capacity between 70 and 90 seats.
The new generation aircraft will reduce operational costs by up to 15%
and it will be up to 20% faster than the model currently in the market,
offering more comfort to the passengers. The goal is for the project to
be 100% compatible with sustainable aviation fuels and to facilitate its
integration with future hydrogen-driven technologies.
Learn more:
Electrical Demonstrator
aircraft’s rehearsals
Our new proposal for
a turboprop
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Commitment to a
more diverse and
inclusive society
SOCIAL GOALS
Ongoing training in Diversity & Inclusion for
100% of the leadership positions until 2022.
Reaching 20% of women in leadership
positions until 2025.
Commitment to reach 50% of diversity in
hirings across all company’s entry programs
until 2025.
Reaching 25% of women in the
aeronautical engineering master’s
program until 2025.
Keeping approval higher than 80% of
students from the Embraer high schools in
public universities.
Promoting professional qualification in
the technology area for 1,500 people
from minority groups until 2025 by
means of the Social Tech Program.
Click and access our
Sustainability Indicators
21
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Embraer believes that each
professional is a protagonist
of their own career and
the continuous investment
in training and qualifying
people will always be a
competitive differential.
The company fosters an
ecosystem of generation
and spread of knowledge
through partnerships and
education initiatives, and
the qualification of new
talents who are encouraged
to create the most innovative
products in the history of
the future.
Embraer
internship
Social
Tech
Young
Aprentice
Leader
Engineering
Embraer
Designer
Engineering
PEE
EMPOWER
Operations
Supply
Chain
Embraer
on route to
diversity
Partners of
knowledge
Business
Corporate
Languages
Embraer offers educational
programs throughout the
year, always attentive to
people’s different career
stages and to plurality.
For all those programs, it
makes an effort to ensure
the representativeness of
minority groups, and it works
with an agenda aligned to
the strategic goals of the
company, supported by
an active and continuous
learning process.
Educational Programs
Strategic Academies
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEEducation ecosystemACCELERATING CAREERS
COMMITMENT
TO THE FUTURE
PEE COMPLETES TWO DECADES
SOFTWARE SPECIALIZATION PROGRAM
Embraer’s Engineering Specialization Program (PEE, Programa de
Especialização em Engenharia) completed two decades in operation
in 2021. The master’s in aeronautical engineering is carried out with
the Aeronautical Technological Institute (ITA, Instituto Tecnológico
de Aeronáutica) and strenghtens Embraer’s engineering culture of a
holistic, flexible, creative, and collaborative vision.
• More than 1,600 PEE’s graduates
• 96% talent retention rate at the end of the program
Launched in 2021, the Software Specialization Program, a fast-growing
professional area in Brazil and in the world, aims to accelerate the
formation of specialists to work in the aerospace sector. In partnership
with Universidade Federal de Pernambuco (UFPE), the initiative monitors
the speed of digital transformations and the strategic need to develop
agile educational programs to attract and qualify talents who wish to
associate personal development with a career opportunity in a challenging
environment such as the one Embraer offers.
Learn more:
20th anniversary celebration
Learn more:
Program Launch
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEAccelerating careers
COMMITMENT
TO THE FUTURE
INCLUSIVE AND TECHNOLOGICAL
The Social Tech program, created in partnership
with the Instituto de Gestão e Tecnologia da
Informação (IGTI), is an educational initiative
directed to people with disabilities who are
interested in developing their careers in the
Data Analysis area.
Through the program, one of Embraer’s ESG
goals will promote the professional qualification
of 1,500 people from minority groups
until 2025.
Each class in the program lasts for three
months, with 160 hours of remote classes,
and uses the bootcamp methodology for an
immersive and accelerated training, in which
the participants attend technology courses and
deal with the challenges in programming and
project execution.
The participation in the program opens
the possibility of hiring for several areas at
Embraer, with a minimum expectation
of 50 positions.
Learn more:
Social Tech
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEAccelerating careers300STUDENTSIN SOCIAL TECH’S FIRST CLASS1,200ENROLLEDTOTAL CANDIDATES FOR THE 1ST CLASS21STATESIN BRAZIL WERE REPRESENTED IN THE 1ST CLASS30%OF WOMENAMONG APPROVED CANDIDATES
COMMITMENT
TO THE FUTURE
20 YEARS TRANSFORMING
THROUGH EDUCATION
Instituto Embraer consolidates the private social investment done
by the company in Brazil and works on three fronts: education,
engaging society and preserving the aeronautical memory.
In 2021, even with the remote learning challenges, Embraer High
Schools upheld their quality in hybrid teaching and registered 84%
of approval in public or private universities with a scholarship.
More than 600 volunteers engaged in social activities, especially
virtual mentoring for students, numbering around 5,000 hours.
Learn about the story of a
former student who graduated
in Engineering in the USA.
25
25
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEGlobal Corporate Social Responsibility4,400GRADUATEDSTUDENTSAT EMBRAER HIGH SCHOOLSMORE THAN
COMMITMENT
TO THE FUTURE
EMBRAER FOUNDATION
Embraer’s strong presence in the United States resulted in
the company’s consolidation of its strategy for corporate
social responsibility world-wide in 2016, by creating the
Embraer Foundation.
Just as Instituto Embraer, the Foundation operates on three
fronts: volunteering, social and environmental partnerships,
and entrepreneurship.
These pillars are in line with the company’s global strategy
for social responsibility and observe the distinctive features
of social investment in the United States.
In 2021, more than 300 volunteers engaged in social
activities, totaling around 2,400 hours. In the partnerships
pillar, 26 organizations received support from Embraer
Foundation for project execution.
IN 2021, MORE THAN
300
VOLUNTEERS
ENGAGED
IN SOCIAL ACTIVITIES
Learn more:
Embraer Foundation
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Diversity & Inclusion
EMBRACE:
The company continuously seeks to build diverse teams that are representative
and value every person’s distinctiveness. In 2021, the appreciation of equality in
the company was reinforced by several initiatives.
A global volunteering movement of Embraer’s collaborators which
represents the minority groups of Women, Ethnicity, LGBTQIA+, and
People with Disabilities, and fosters an agenda of diversity, inclusion,
and equality across the company. At the end of 2021, EMBRACE had
more than 600 members.
GLOBAL MAPPING ON DIVERSITY, EQUALITY,
AND INCLUSION
In order to increase understanding of diversity in the company
and capture its collaborators’ perceptions, Embraer carried out an internal
survey in its sites located in Brazil and the United States, whose results
bring an important input for the company’s future actions. More than
8,500 people participated in this first phase, which will be supplemented
in 2022, with the questionnaire being applied to sites in Europe.
TRAINING FOR MORE THAN 80%
OF THE GLOBAL LEADERSHIP
Embraer promoted leadership awareness about Diversity, Equality,
and Inclusion. Regarding collaborators’ awareness, weeks of
celebration and reflection about the struggle of some minority groups
were organized, encouraging the collaborators’ involvement in internal
campaigns and training sessions, according to the professional
development proposal.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
The Brazilian Air Force used the
C-390 Millennium multi-mission
aircraft for the transport of oxygen
cylinders to Manaus and the
delivery of more than 44 tons of
vaccines, among other supplies,
in several cities in Brazil
COMMITMENT
TO THE FUTURE
Committed to life
OUR CONTRIBUTION DURING THE PANDEMIC
Embraer promoted a safe working
environment, with strict protocols
against Covid-19, awareness
campaigns about prevention and
vaccination initiatives, as well as
important digital transformations to
maintain efficiency of remote work.
Access to the company’s
facilities remained restricted to
ensure proper social distancing
and minimize commuting,
in accordance with WHO’s
recommendations. This
accelerated the studies on
the “Future of Work” and the
global trend, and digital tools
were optimized and deployed
to leverage communication and
productivity, enabling roughly
70% of the collaborators to carry
out their activities remotely or in
a hybrid fashion.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Considering the continuity of remote
work, Embraer performed a global
mapping of the teams’ expectations
about the new models of work, created
an allowance to support part of the
costs of those who are in a home office,
and offered all collaborators a series
of training sessions dedicated to the
themes of remote work and mental
health, in addition to discussions on this
subject directed to the leaders.
Externally, Embraer contributed to the
hospital industry, mobilizing its supply
chain to produce components, as
well as supported the project for the
development of exhausters to quickly
convert conventional hospital beds
into ICU ones. The company took part
in efforts to donate equipment such
as oximeters, an important resource
for an early diagnosis of the virus,
in collaboration with the campaign
designed by the Brazilian Society of
Infectiology (SBI, Sociedade Brasileira
de Infectologia) and by Instituto
Estáter. Furthermore, it provided the
technical specifications so that clients
from several segments could develop
procedures for the transport of vaccines
and aircraft cabin disinfection.
Learn more:
Embraer helps in the aerial private
transport of vaccines against Covid-19
Embraer releases guidelines for cleaning
commercial aircraft
DONATIONS
Instituto Embraer, responsible for consolidating Embraer’s private
social investment in Brazil, made its own financial donations as wells as
volunteers’ ones to take basic shopping baskets to the families which were
most impacted by the pandemic, in collaboration with an initiative by the
NGO Gerando Falcões, which impacted more than 85,000 families in Brazil.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Governance:
Commitment to ethics and transparency
Click and access our
Sustainability Indicators
CORPORATE GOVERNANCE GOALS
Continuity of the robust Ethics and
Compliance Program, totally in line
with global norms.
Maintenance of the highest
international standards
of Governance.
Maintenance of the high safety standards
of our products, totally in line with the
international requirements.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
COMMITMENT
TO THE FUTURE
Governance: Commitment to ethics and transparency
Embraer’s corporate governance model was established to ensure a corporate management focused on sustainable growth
and business continuity. It is guided by integrity and meets the highest market standards.
COMPLIANCE PROGRAM
OPERATIONAL SAFETY
The Ethics & Compliance Program is based on core elements, such as the
maintenance of a responsible organization and structure through leadership,
the ongoing risk management, the definition of appropriate policies and
standards for internal controls, the training and communication with their
audiences, as well as the monitoring and auditing processes and reporting
channels for assessment and verification of potential cases of misconduct
or deviation from the established procedures.
Embraer continuously invests in collaborators’
and business partners’ training about the subjects
of ethics and business integrity, allowing the
company to continue improving and expanding its
global Compliance program in all its operations
and countries in which it is present.
Learn more:
Governance Portal
Governance
Indicators
Embraer actively participates in the evolution of
Operational Safety of world aviation and monitors
activities focusing on accident prevention and
investigation. Always present in the regulatory
groups, associations and committees of the
aeronautical sector, the company has a global
Operational Safety Program in its units, enforcing
the application of the best practices defined in
Brazil and in the world.
In 2021, answering an invitation of the US
regulatory agency FAA, Embraer was a volunteer in
the deployment of a pioneer system for operational
safety management in Melbourne, USA.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
INNOVATION
32
INNOVATION
Awarded as the most innovative
company in Brazil for the fifth time,
Embraer is recognized for seeking
increasingly intelligent and agile
solutions for a sustainable future
in aviation.
In 2021, around 51% of the company’s
revenue came from innovations that took
place over the last five years. That shows
the strategic relevance of keeping an
active innovation environment, on behalf
of long-term competitivity.
At Embraer, innovation happens all the
time and in dimensions transversal to
the value chain: innovations in products,
services, processes, new businesses,
and entrepreneurial innovations.
Even with the pandemic, the investment
in technological development and
innovation was kept stable, at around
6% of the annual income.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEINNOVATIVEBRAZIL’S MOSTCOMPANY FOR THE 5TH TIME
They integrate and accelerate value
generation in the business units,
subsidiary companies, and EmbraerX.
These are the eight innovation
verticals:
Embraer works in innovation on
three fronts: incremental, which
seeks the evolution of already
consolidated technologies;
adjacent, bringing innovation
and advancements to existing
products; and transformational,
creating technologies and markets
non-existent as yet, with a
potential for exponential growth.
The company believes that
innovation is essential for
competitivity and the future
growth of the business, and
because of that it created a board
of directors dedicated solely to
the subject, which encompasses
all its operation and products
and reports daily to the Chief
Executive Officer.
To organize and prioritize its
innovation efforts, Embraer
created the Innovation Verticals,
priority subjects for research,
technology, and innovation.
INNOVATION
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEInnovation strategy
INNOVATION
WORLD
BRAZIL
Partnerships with
universities and
research centers
around the world
To strengthen Embraer’s
participation in research, the
company also establishes
partnerships with organizations
that are references in the world,
comprising a very wide range of
technologies. In 2021, focusing
on a more sustainable world for
global aviation, 46 new entities
signed cooperation agreements
for research with Embraer.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
INVESTMENT IN STARTUPS
Corporate Venture Capital (CVC), a
corporate venture capital investment
vehicle, is an approach that allows
for investment in adjacent and
transformational initiatives, in
an agile way, with the leverage of
external resources and sharing
of risks. In 2014, we started the
operation of Embraer’s first CVC
fund, FIP Aeroespacial, bringing
in three institutional investors in
addition to Embraer, BNDES, FINEP
and Desenvolve SP.
In 2018, Embraer entered the Silicon
Valley-based Catapult Ventures
fund, broadening the geographical
reach of its investment operations in
high technology and innovation. This
way, FIP Aeroespacial and Catapult
are linked to Embraer Ventures
Fund, which orchestrates the CVC
strategy at Embraer.
Embraer Ventures allows the
company to strategically invest in
minority participations in startups.
An example is the consolidation of
the cybersecurity strategy, which
began with applications in startups
by FIP Aeroespacial and culminated
in Embraer’s majority investment in
Tempest in 2020, today the largest
Brazilian cybersecurity company,
with customers in Brazil, Latin
America and Europe.
IN 2021, TEMPEST BROKE
REVENUE RECORDS,
REGISTERING A
40%
GROWTH
COMPARED TO 2020,
EXPANDING ITS BASE TO
+300
CLIENTS
THROUGHOUT THE YEAR, A
242%
GROWTH
WHEN COMPARED TO
THE PREVIOUS YEAR
INNOVATION
In 2021, through the Catapult Fund,
Embraer invested in the American
company Pyka and entered a
partnership to accelerate the future
of autonomous agricultural spraying.
The collaboration is focused on
technology, certification, operation
and future commercialization of
the Pelican, a fully electric and
autonomous fixed-wing agricultural
aircraft developed by Pyka.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
INNOVATION
Culture of innovation
INNOVA PROGRAM
Innova is the vehicle for disseminating culture and fostering innovation throughout the company. Its programs are open to any and
all collaborators who are willing to seek innovative and disruptive solutions and encourage the generation of ideas in the company.
GREEN LIGHT:
INNOVA CHALLENGE:
STARTUP PROGRAM
An entrepreneurship program that evaluates
innovative proposals submitted voluntarily
by collaborators and provides time, technical
and business guidance and resources for
them to carry out the idea until its technical
and economic feasibility is proven. In 2021,
48 innovative projects were simultaneously
under development, including the FIP
Aerospacial, created within the program.
Innova Challenge is a crowdsourcing initiative
that encourages the development of ideas
for solving problems and challenges in
different departments of the company. In
addition, it promotes cultural events such as
“Innovation Day”, for sharing knowledge and
innovation practices. In 2021, participants
were challenged with two themes, one linked
to sustainable technologies and the other to
artificial intelligence.
It is an agile process for contracting services
and plug & play solutions that aims to foster
a culture of innovation among collaborators,
who come into contact with new technologies
in the startup ecosystem in search of efficient
solutions. Taking into account the diversity
and inclusion agenda, in 2021, Embraer hired a
startup focused on supporting recruitment and
training for people with disabilities.
+2,000 COLLABORATORS
PARTICIPATED IN THE
INNOVATION DAY EVENT IN 2021
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
EmbraerX is the agent of Embraer’s disruptive innovation, focused on
the future of air mobility and new markets. The accelerator has a strong
international presence and is in innovation hubs such as Silicon Valley,
Boston, and the Florida Space Coast, with operational activities connected
to the company’s hub at its headquarters in Brazil.
It works on network in the innovation ecosystem, with projects under study
or under development for different global markets, such as cybersecurity,
computer vision, digital transformation, robotics, artificial intelligence,
automation, imaging, internet of things (IoT) and unmanned vehicles, among
others, exploring business models with exponential growth potential
In 2021, EmbraerX began capturing new projects, after the success of Eve
and Beacon, targeting routes beyond aviation. Agreements, partnerships, and
venture investments in startups are part of EmbraerX’s innovation strategy,
currently connected to two investment and equity funds (FIP), one based in
Silicon Valley, focused on disruptive technologies, and another in Brazil, the
FIP Aeroespacial, in partnership with BNDES, FINEP and Desenvolve SP.
Learn more:
EmbraerX Site
INNOVATION
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCENew markets with EmbraerXIN SEARCH OF THE NEXT CHALLENGE
Beacon is the first agnostic maintenance solution incubated by
EmbraerX, designed to assist in the maintenance of aircraft of all
kinds, from any manufacturer.
Beacon is a digital business platform created to connect
professionals and companies in the aeronautical services ecosystem.
The platform focuses at first on providing solutions for unplanned
aircraft maintenance interruptions, generating earnings for all
stakeholders: airline companies, maintenance providers, mechanics,
and passengers.
In 2021, Beacon reached 65,000 unplanned interruption cases
needing quick maintenance services, in 2,400 aircraft, with more
than 1,300 active members and presence in over 190 airports.
Learn more:
Contract with MRT
Agreement with Inflite The Jet Centre
Contract with ABS Jets Link
Contract with Republic Airways
INNOVATION
39
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEBeaconREVOLUTIONARY CONNECTION
INNOVATION
The development of new disruptive businesses
enabled the emergence of several innovations,
notably the creation of Eve Urban Air Mobility
Solutions Inc., to accelerate the development
of the Urban Air Mobility ecosystem. As a new
and independent company, Eve benefits from a
startup mindset and all of Embraer’s experience to
develop and enable the urban air mobility market.
It plans to reach US$1.1 billion in revenue by 2027
and US$4.5 billion in 2030.
Eve presents a unique value proposition, offering
a suite of products and services that includes the
eVTOL, a human-centric electric vertical take-off
and landing vehicle with a simple and intuitive
design. The first deliveries are scheduled for 2026.
In 2021, the business combination agreement with
Zanite Acquisition Corp. (Zanite) was confirmed.
After the completion of the transaction, scheduled
for the first half of 2022, Zanite
will change its name to Eve Holding, Inc. and will be
listed on the New York Stock Exchange (NYSE), with
Embraer as its majority shareholder, with an interest
of approximately 82% in the company’s capital.
Transaction values give Eve a valuation
of approximately USD 2.4 billion, and an
equity value close to USD 2.9 billion.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEEVETHE FIRST SPIN-OFF IN EMBRAER’S HISTORY
INNOVATION
GRI 102-14 / GRI 102-28 / GRI 102-14
DEMOCRATIZING AIR TRANSPORT
Dedicated to accelerating the entire Urban Air Mobility ecosystem, Eve will also work together with a
global service and support network and a unique air traffic management solution.
Eve ended 2021 with 17 publicly announced customers, across operators and ride-sharing platforms,
with potential orders for 1,735 vehicles valued at $5.2 billion.
Much more efficient than a
helicopter, with 80% less noise,
zero carbon emissions and 65%
lower operating cost.
Electric vehicle with
innovative design and
distributed propulsion.
Simple, intuitive,
and inclusive,
user-centric
design.
Propulsion system, with eight
electric rotors for vertical propulsion
and two for horizontal propulsion,
providing high levels of safety and
efficiency.
FROM BARRA DA TIJUCA TO
RIOGALEÃO AIRPORT
Galeão
Barra
It initially accommodates five people per trip,
one pilot and four passengers, and in the
future, with the arrival of autonomous versions,
it will accommodate up to six passengers.
Learn more:
Investor Day Event Video
LinkedIn
Twitter
Instagram
YouTube
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE1h30WHILE BY CAR IT WOULD TAKE YOU APPROX.15 MINARRIVE FLYING, IN
BUSINESS
Units
42
COMMERCIAL AVIATION
EXECUTIVE AVIATION
Manufactures regional aircraft with up to 150 seats,
a market in which it is the leader, including E-Jet E2
aircraft, considered the most sustainable aircraft in
the segment.
Produces the Phenom 100EV, Phenom 300E,
Praetor 500 and Praetor 600 executive jets, with
capacities between 4 and 12 occupants.
The Phenom 300E jet, a market leader for 9 years,
is highlighted.
DEFENSE & SECURITY
AGRICULTURAL AVIATION
Develops the military aircraft C-390 Millennium,
A-29 Super Tucano, and P600 AEW&C, in addition
to radars, air control systems, satellites, and
cybersecurity systems, among others.
Makes the agricultural spraying aircraft Ipanema 203,
the only one which is mass-produced in the world
and which flies using ethanol as fuel, with less CO2
emission than its competitors.
BUSINESS
UNITS
SERVICES
& SUPPORT
Provides post-sale and
technical support services to
all Embraer products, from
all business units, operating
Contact Centers active 24
hours a day, 365 days a year,
and having a support team
with global presence.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
Commercial Aviation
BUSINESS
UNITS
Embraer has conquered and remains a global leader in the
segment of jets with up to 150 seats, proud to contribute to
regional aviation’s history and advancement, as one of the
leading players in this segment since the company’s inception.
In 2021, Embraer leveraged new opportunities and
consolidated its position in important markets. The growing
resumption of flights after the Covid-19 pandemic, especially
the regional ones, created opportunities that the company
is taking advantage of, with great expansion potential to be
explored over the next five years.
Furthermore, Embraer and Pratt & Whitney work in
partnership, joining their technical skills with multi-
disciplinary teams, to continuously improve the aircraft and
engine efficiency, in addition to allowing full and efficient use
of SAF (sustainable aviation fuel). Produced from sustainable
raw materials, SAF can currently reduce CO2 emissions by up
to 80% when compared to traditional aviation fossil fuel.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
BUSINESS
UNITS
Learn more:
Breeze Airways
Horizon Air
Skywest
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEE1’s consolidation in North American market10 E190 AND 3 E195. THE NORTH AMERICAN COMPANY WAS LAUNCHED IN MAY 2021 BY DAVID NEELEMAN, FOUNDER OFJETBLUE AND AZUL LINHAS AÉREAS.08ONE OF THE LARGEST REGIONAL OPERATORS IN THE USA09SUBSIDIARY OF ALASKA AIR GROUP13NEW E-JETSFOR BREEZE AIRWAYSNEW E175 JETSFOR HORIZON AIRNEW E175 JETSFOR SKYWEST
BUSINESS
UNITS
GLOBAL
RPK (REVENUE PER PASSENGER PER KILOMETER)
EXPECTED ANNUALY
UNTIL 2040
That document presents updated market perspectives for
the delivery of commercial aircraft until 2040, guided by
Environment, Digitalization, and Regionalization trends.
According to Embraer’s forecast, global RPK should grow
3.3% yearly until 2040, returning to 2019 levels by 2024,
requiring 10,900 new aircraft for up to 150 seats.
Learn more:
Embraer publishes its
market perspectives for
the next 20 years
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Porter Airlines of Canada
announced a solid order of 30
Embraer E195-E2 jets, with rights
to buy 50 more aircraft in 2021.
Porter Airlines thus became the
North American launch client for
Embraer’s newest jet family, the E2.
Learn more:
Porter Airlines orders
80 Embraer jets
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEAgreement signing with Porter Airlines30NEW JETS E195-E2Publication inMarket Outlook 2021+3,3%
Executive Aviation
Executive Aviation resumed its growth in 2021, especially in the segments
of light and medium jets, which cover flight distances that are less subject
to mobility restrictions resulting from the Covid-19 pandemic.
Inspired by the big challenges, Embraer creates today the future of
executive aviation, by raising its products’ level and incorporating
sustainable practices at the same time, thus completely redefining
the comfort and performance executive jets can provide.
Embraer also presents the broadest portfolio of executive
jets in the market.
The products are the result of a culture of continuous
improvement, attention to detail, and willingness
to exceed the limits of aeronautical engineering.
BUSINESS
UNITS
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
Phenom 100EV
Phenom 300E
BUSINESS
UNITS
Offers the experience of executive aviation in its purest form.
The best-selling light jet of the decade.
Praetor 500
Praetor 600
Praetor 500 and Praetor 600, which have the best range in their categories, dominate the market as the most innovative and technologically advanced aircraft
of medium and super-medium size, capable of crossing continents and oceans, respectively.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
BUSINESS
UNITS
1º PHENOM 300E DUET
Delivery of the first Phenom 300E limited edition Duet
aircraft, which marks the first collaboration between leaders
in the aviation and automotive markets, combining the
fastest and widest range single-pilot executive jet with the
Porsche 911 Turbo S, a reference in the sports cars market.
In 2021, Embraer’s growth was even more
significant in Executive Aviation, with a strong
demand and record sales.
PHENOM 300E
It is the world’s best seller for the 9th year in a
row and the most delivered twin-engine in 2021.
Learn more:
First Phenom 300 is
delivered in Equador
Phenom 300 is the world’s
best seller light jet
Learn more:
First unit of the Phenom 300E’s limited
edition created in partnership with Porsche
is delivered by Embraer
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE93AIRCRAFTDELIVERED IN 2021600JETSDELIVERED
EMBRAER AND AVFUEL BEGIN
USING SAF AT US AIRPORT
The companies signed an agreement to start using SAF (Sustainable Aviation
Fuel) at the Orlando International Airport, in Melbourne, Florida.
SAF is a fuel that can generate up to 80% less CO2 emissions, depending on
its production and distribution chain. Embraer’s executive aircraft already use
that fuel in demonstration flights, and the increase in its use is part of the
company’s sustainability goals.
Learn more:
Embraer and Avfuel
BUSINESS
UNITS
Delivery of the 1,500th executive jet to the
Swiss chartering operator Haute Aviation. We
reached 1,500 units sold in less than 20 years,
while the industry average for achieving that
mark is 34 years. The Phenom 300E can reach
all Europe departing from Switzerland with full
capacity, and it is faster than any other aircraft
in the segment. There are more than 600 units
already delivered in the world.
Learn more:
Embraer delivers 1,500 Phenom 300E to chartering
operator in Switzerland
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
BUSINESS
UNITS
SALE AGREEMENT
SIGNED FOR
100AIRCRAFT
NETJETS
Embraer and the largest shared
ownership jet operator, NetJets,
signed an agreement for the sale of
up to 100 additional aircraft, totaling
more than US$ 1.2 billion.
Learn more:
Embraer announces new agreement
for the delivery of up to 100 new
aircraft with NetJets
1ST PRAETOR 500 FOR BRAZIL
Delivery of the first Praetor 500 for a Brazilian
client, which now owns the entire executive jet
portfolio operating in Brazil.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
BUSINESS
UNITS
Defense & Security
Embraer Defense & Security is a
leader in the aerospace and defense
industry in Latin America. With a
growing participation in the global
market, its products and solutions are
present in more than 60 countries.
In 2021 Embraer Defense & Security
delivered 14 A-29 Super Tucano light
attack aircraft, completing 260 units
in more than 16 air forces, signed
an agreement with Aerodata AG for
the sale of a Praetor 600 aircraft, to
be converted to a flight inspection
aircraft, and signed a memorandum
of understanding with the Brazilian
Air Force (FAB) to develop an
unmanned fighter with 100% national
technology, an innovative enterprise
that will bring a great advancement
to the company, to FAB and to the
Brazilian aerospace industry.
Learn more:
Memorandum for study of an unmanned aircraft is signed
between Embraer and FAB
Embraer signs memorandum for the research and development of new
defense technologies with Dutch organization
Qualification of on-the-fly refueling between two KC-390
Millennium aircraft is concluded by Embraer
Signing of technical cooperation agreement between Embraer and the
Brazilian Army establishes studies of battery-powered radar systems
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE
Sky is not the limit,
it’s the beginning.
In addition to the A-29 Super Tucano aircraft, for light attack and
advanced training, and the C-390 Millennium, for military multi-
mission transport, Embraer Defense & Security offers a complete line
of integrated solutions and Command and Control (C4I) applications,
radars, ISR (Intelligence, Surveillance, and Reconnaissance), satellites
and cybersecurity. That includes integrated systems of information,
communication, monitoring and border vigilance, as well as aircraft
for transport of authorities and special missions.
In 2021, Embraer Defense & Security
incorporated the operations of the
subsidiary SAVIS, leader of the
Tepro Consortium, responsible for
the deployment of the SISFRON
Project (Integrated Border Monitoring
System), with the goal of increasing
operational efficiency and strengthen
the company’s product portfolio.
BUSINESS
UNITS
53
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCESAVIS Incorporation
In 2021, Embraer Defense & Security presented (roll out) the M200
Vigilante radar, a surveillance equipment with cutting-edge technology
to assist the country’s anti-aircraft defense units.
Learn more:
Embraer and Brazilian Army
present national M200
Vigilante radar
BUSINESS
UNITS
Atech received the Pro-Ethics seal, promoted by
CGU and Ethos Institute, and was considered,
for the 3rd year in a row, as a great place to work
by the GPTW - Great Place to Work Institute.
Visiona concluded the review of the Project for
the ground segment of the VCUB-1, the first
Brazilian imaging nanosatellite, and it also
signed the warranty extension contract for the
ground equipment of the SGDC (Geostationary
Defense and Strategic Communications
Satellite), strengthening the company’s
important role in the program.
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCERoll Out M200 VIGILANTE RADARAffiliated
Services & Support
Embraer Services & Support develops solutions and
services for Commercial Aviation, Executive Aviation,
and Defense & Security clients. In total, more than
3,500 employees are spread all over the world
providing support to our more than 4,350 aircraft
in operation, in addition to radars.
Embraer Services & Support offers a wide
portfolio of services, through a team of specialized
professionals, dedicated to serving our clients.
BUSINESS
UNITS
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE23%INCREASE IN REVENUECOMING FROM SERVICES& SUPPORT
The Support & Services division offers solutions for maintenance, materials, modifications, training, and flight operations. It also has a network of
its own units, authorized units, partners, and subsidiaries. In addition, it provides its clients with 24/7 service through dedicated contact centers.
BUSINESS
UNITS
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE75+SERVICECENTERSCOMPANY-OWNED AND AUTHORIZED75+FLIGHTSIMULATORS200+CAMS E FSRS CUSTOMERACCOUNTMANAGERSFIELD SERVICE REPRESENTATIVESAROUND THE WORLD
COMMERCIAL AVIATION
Learn more:
Embraer and Porter Airlines sign Services & Support contract
Embraer and Air Montenegro announce agreement for Pool Program
Embraer and KLM announce agreement for Pool Program in the E195-E2 fleet
BUSINESS
UNITS
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEServices & Support200NEW AIRCRAFT COVERED BY THE FLIGHT HOURS PROGRAM11NEW CLIENTS IN THE POOL PROGRAM, TOTALING12CONTRACT RENEWALSOF THE POOL PROGRAM WITH AIRLINE COMPANIES85%FAVORABILITY IN SUPPORT CUSTOMER SATISFACTION SURVEYS
The aircraft will be converted at Embraer Service Center
in Fort Lauderdale, Florida.
BUSINESS
UNITS
More than 795 new agreements signed, including inspections, aircraft
improvement, and special programs.
Launch of the TechPubs New Platform, a new platform for the
management of aircraft technical publications, which provides
customers with information anywhere, anytime.
First place in customer service satisfaction survey on Professional
Pilot Magazine, and third place on Aviation International News.
All US service centers received for the eleventh time the FAA
Diamond Award, a certificate of excellence related to training for
maintenance technicians.
Learn more:
Embraer enhances its executive jet maintenance program
Embraer expands its executive jet service network in the USA
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEExecutive AviationEMBRAER ANNOUNCES AGREEMENT WITH GRANDVIEW AVIATIONFOR THE CONVERSION OF THE PHENOM 300MED STC.
Defense &
Security
ECTS
Support to Brazilian Air
Force missions for fighting
Covid-19 with the KC-390
fleet. More than 300 flights
were carried out.
The joint-venture Embraer-
CAE Training Services (ECTS)
announced the deployment
of a new complete flight
simulator (FFS) for the
Phenom 300E.
BUSINESS
UNITS
Highlight in Aerospace & Defense
Review as one of the “Top 10 Service
Centers in Europe in 2021”.
Delivery of customized services
to clients such as the P-3 for the
Portuguese Air Force, the C-130 for
the Brazilian Air Force, in addition
to EMB-145 deliveries.
Learn more:
Meet OGMA
Learn more:
Launch of the new Phenom
300E flight simulator
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEOGMA
Agricutural Aviation
A great ally of the Brazilian agribusiness due to its efficiency,
productivity, economy, and robustness, the Ipanema 203 is a symbol
of the Brazilian agricultural aviation tradition. The protagonism of
this aircraft model in modern agriculture combines high technology
and reliability of a product that is continuously evolving to meet
the requirements of high productivity and low operational cost,
especially when compared to other types of sprayers.
BUSINESS
UNITS
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ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCEIPANEMA WAS THEBEST-SELLINGAIRCRAFT IN BRAZIL IN 2021
BUSINESS
UNITS
IPANEMA 100
The Ipanema EMB 203 aircraft number 100
was delivered in 2021.
NATIONAL NETWORK
National support network was expanded in 4%.
Learn more:
Embraer doubles number of sales of
agricultural airplanes
Embraer announces the sale of more than
19 Ipanema Agrícola aircraft
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In 2021, Embraer’s Agricultural Aviation division delivered 42 Ipanema aircraft,
an increase of 91% compared to 2020. Since 2005, Ipanema is powered by
ethanol, having become the first Embraer aircraft certified and mass-produced
to fly with renewable energy, leading a wide front of the company’s historical
performance in research and utilization of biofuels in aviation. The aircraft is
the market leader in the air spraying segment, with a national participation of
60% and almost 1,500 units delivered.
ANNUAL REPORT / 2021ABOUT EMBRAERINNOVATIONCOMMITMENT TO THE FUTUREBUSINESS UNITSFIT FOR GROWTH FINANCIAL PERFORMANCE600IPANEMASALCOHOL-POWEREDPREVENTED THE EMISSION OF MORE THAN 330,000 TONS OF CO2
Click and access our
Sustainability Indicators
embraer.com
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