LatAm Capital Goods & Transportation: Road Ahead (Jul. 6): EMBJ Fully Acquires EZ Air, Praetor 500E Certification, Brazil’s Import Tariff on EVs

Research evidence excerpt

LatAm Capital Goods & Transportation: Road Ahead (Jul. 6): EMBJ Fully Acquires EZ Air, Praetor 500E Certification, Brazil’s Import Tariff on EVs

J P M O R G A N Latin America Equity Research

06 July 2026

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LatAm Capital Goods &

Transportation

Road Ahead (Jul. 6): EMBJ Fully Acquires EZ Air,

Praetor 500E Certification, Brazil’s Import Tariff on EVs

Upcoming Events This Week Latin American Capital Goods

• Mon. (Jul. 6): IMEA Data @ 5pm ET Marcelo Motta AC (55-11) 4950-6712

marcelo.g.motta@jpmorgan.com• Tue. (Jul. 7): Anfavea data

• Wed. (Jul. 8): RAIL Monthly Volumes Jonathan S. Koutras

(55-11) 4950-3549

• Thu. (Jul. 9): AZUL’s Investor Day jonathan.s.koutras@jpmchase.com

Latin American Transportation

Top News from Past Week:

Guilherme Mendes AC

• Embraer acquires remaining 50% of joint venture with Safran (55-11) 4950-4105

Cabin. Embraer has purchased the remaining 50% stake in EZ Air, its joint guilherme.g.mendes@jpmorgan.com

venture with Safran Cabin, which supplies aircraft cabin components such as Julia Orsi

baggage compartments, lavatories, floor panels and side panels, mainly from a (55-11) 4950 3351

factory in Mexico. The deal also includes the acquisition of Safran assets in julia.orsi@jpmorgan.com

Jacareí, São Paulo, which already supply exclusively to Embraer. The transaction Banco J.P. Morgan S.A.

amount was not disclosed, and Safran’s engineering services unrelated to

Embraer will remain with Safran - Valor Econômico (Jul. 6) and Embraer Media

Center (Jul. 1).