Sweden Enhances Military with C-390 Acquisition from Embraer S.A.

## Sweden Strengthens Military Capabilities with C-390 Acquisition from Embraer

In a significant development for both Sweden's defense strategy and Embraer S.A., the Swedish government announces its commitment to acquire four C-390 Millennium multi-mission aircraft from the Brazilian aerospace manufacturer. This decision, made public during the LAAD Defence & Security event, not only secures crucial production slots for these advanced aircraft but also highlights Sweden's intention to enhance its military capabilities in alignment with NATO standards. The C-390 Millennium is recognized for its versatility, reliability, and cost-effectiveness, making it a vital addition to the Swedish Air Force.

The acquisition of the C-390 Millennium aligns with broader European defense initiatives, as Sweden has signed a Memorandum of Understanding with the Netherlands and Austria, both of which are also part of the C-390 program. Peter Sandwall, State Secretary to Sweden's Minister for Defence, emphasizes that the aircraft will significantly bolster Sweden's operational efficiency and interoperability within NATO operations. This move comes at a crucial time as European nations increasingly seek to modernize their military fleets to address evolving security challenges.

Embraer's president and CEO, Bosco da Costa Junior, underscores the strategic importance of this acquisition, noting that the C-390's capabilities are well-suited to meet the demands of contemporary military operations. Since its operational debut with the Brazilian Air Force in 2019, the C-390 has demonstrated exceptional performance, achieving a mission capability rate of 93% and completion rates exceeding 99%. With a payload capacity of 26 tons and a cruising speed of 470 knots, the C-390 Millennium is positioned to redefine military airlift operations, providing a reliable and efficient solution for modern defense needs.

In addition to the aircraft acquisition, Embraer remains committed to transparency and communication with its investors. The company recently filed its Form 20-F with the U.S. Securities and Exchange Commission, ensuring that stakeholders are well-informed about its performance and strategic direction. This commitment to regulatory compliance and shareholder engagement underscores Embraer's position as a leading player in the aerospace industry, continuously striving to enhance its market presence and operational efficiency.

As Embraer continues to innovate and adapt to the evolving landscape of military and commercial aviation, its collaboration with countries like Sweden reinforces its reputation for delivering advanced aerospace solutions that meet the complex needs of modern air forces worldwide.