SÃO JOSÉ DOS CAMPOS, Brazil, May 9, 2022
/PRNewswire/ -- Embraer S.A. (the "Company") (B3: EMBR3,
NYSE: ERJ), pursuant to CVM's Resolution No. 44, dated
August 23rd, 2021, and in
connection with the material facts disclosed on June 10th, 2021, December 21st, 2021 and May 6th, 2022, hereby informs its
shareholders and the market in general that it has completed the
previously announced business combination (the "Business
Combination") between EVE UAM, LLC ("Eve"), an entity controlled by
the Company, and Zanite Acquisition Corp. ("Zanite") (the
"Closing").
In connection with the Closing, Embraer Aircraft Holding, Inc.,
a subsidiary of the Company ("EAH") contributed all of the Eve
limited liability company interests held by it to Zanite in
exchange for 220 million shares of Zanite common stock and Zanite
changed its corporate name to Eve
Holding, Inc. ("Eve
Holding"). EAH also completed a cash investment of
US$185 million into Eve Holding substantially concurrently with the
Closing in exchange for an additional 18.5 million shares of Eve
common stock. Eve Holding's common
stock and public warrants now trade on the New York Stock Exchange
under the tickers "EVEX" and "EVEXW", respectively. As of the
Closing, EAH holds 238.5 million shares of Eve Holding's common stock, representing
approximately 90% of the outstanding shares of Eve Holding common stock. The remaining
shares of common stock are currently owned by Zanite's public
stockholders, Zanite's sponsor and certain third-party investors
who entered into subscription agreements to purchase shares of
common stock at the closing of the Business Combination. Further,
the previously announced agreements entered into by the Company in
connection with the Business Combination to provide products,
inputs, and services to Eve continue to remain in full force and
effect.
The Business Combination is in line with the Company's
innovation and growth strategy, and its consummation reinforces the
Company's commitment to achieve this strategy.
São José dos Campos, May
9, 2022.
Antonio Carlos
Garcia
Executive Vice-President and CFO
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SOURCE Embraer S.A.