Golden share

The golden share is held by the Federative Republic of Brazil. The golden share is entitled to the same voting rights as the holders of common shares. In addition, the golden share entitles the holder thereof to veto rights over the following corporate actions:

Change of the corporate name or business purpose of the Company;

Alteration and/or application of the Company´s logo;

Creation and/or alteration of military programs, whether or not involving the Federative Republic of Brazil;

Development of third parties´skills in technology for military programs;

Interruption of the supply of maintenance and replacement parts for military aircraft;

Transfer of the equity control of the Company.

Any amendments: (i) to the provisions, of Article 4, of the main section of Article 10, of Articles 11, 14 and 15, of item III Article 18, of paragraphs 1 and 2 of article 27, of item X, of Article 33, of item XII, of Article 39 or of Chapter VII; or further, (ii) the rights granted by these By-Laws on the Golden Share.