Material Fact: Approval of "equity swap" derivative contracts
Core Points - Embraer S.A. has approved the execution of derivative agreements of "Equity Swap" with Banco Itaú Unibanco S.A. to mitigate fluctuations in its share prices [1][2][3] - The maximum exposure for the Equity Swap is set at up to 10,932,998 common shares, adhering to the limits established in CVM Resolution No. 77/22 [2] - The purpose of the Equity Swap is to manage future payments related to the company's long-term incentive plans, specifically phantom shares [3]