Embraer S A : Opens an Office in Hungary

Budapest, Hungary, August 27, 2021 - Embraer announced today the opening of an office in Budapest, the capital of Hungary. The main objective is to foster cooperation in Hungary, which could result in future developments under new partnerships. The office also creates an administrative hub for projects development in Central and Eastern Europe. 'Embraer is keen to increase its presence in Hungary and to expand our network with Hungarian high-technology representatives and other stakeholders, aiming to establish a deep and well-structured cooperation with some of the most qualified and innovative companies in the country,' said Jackson Schneider, President and CEO of Embraer Defense & Security. This initiative is part of Embraer's strategy to establish new partnerships in select markets. Some of the key aspects of this future cooperation are the collaborative efforts with new partners, long-term projects, and investment in reliable dual-use technology. 'Less than a year ago, we started to work together in building the tanker-transport capabilities of our air force. We look forward to expand this cooperation with engineering and industrial activities between Embraer and the evolving Hungarian aerospace-defense sector,' said Gáspár Maróth, Government Commissioner for Defense Development. The office will employ Hungarian personnel, administrative and engineering staff that will work in close cooperation with Embraer's teams in Brazil. Follow us on Twitter: @Embraer About Embraer A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales. Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year. Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

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