Material Fact: Approval of "equity swap" derivative contracts
EMBRAER S.A.
Publicly Held Company
CNPJ/MF 07.689.002/0001-89
NIRE 35.300.325.761
SÃO JOSÉ DOS CAMPOS,
Equity Swap Settlement: cash settlement, within a maximum period of 12 months from
Maximum Exposure: up to 10,932,998 common shares, observing the limit established in CVM Resolution No. 77/22.
Conditions: the Equity Swap will allow the Company to receive the price variation related to its shares traded on the stock exchange plus any dividends distributed to the shares subject to the Equity Swap (active end) and pay CDI plus a spread (passive end), during the term of the agreement.
Purpose: need to mitigate fluctuations in the prices of shares issued by the Company, in view of future payments to be made by the Company within the scope of its long-term incentive plans (phantom shares).
Executive Vice President, Financial & Investor Relations
View original content:https://www.prnewswire.com/news-releases/material-fact-approval-of-equity-swap-derivative-contracts-302608112.html
SOURCE Embraer S.A.
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