Fast Take Embraer S.A.

Research evidence excerpt

Fast Take Embraer S.A.

nagement (not including investment banking). Analyst compensation is not

based on investment banking revenues; however, compensation may relate to the revenues of UBS and/or its divisions as a whole, of which investment

banking, sales and trading are a part, and UBS as a whole.

For financial instruments admitted to trading on an EU regulated market: UBS (excluding UBS Securities LLC) acts as a market maker or liquidity provider

(in accordance with the interpretation of these terms under English law or, if not carried out by UBS in the UK the law of the relevant jurisdiction in which

UBS determines it carries out the activity) in the financial instruments of the issuer save that where the activity of liquidity provider is carried out in

accordance with the definition given to it by the laws and regulations of any other EU jurisdictions, such information is separately disclosed in this

document. For financial instruments admitted to trading on a non-EU regulated market: UBS may act as a market maker save that where this activity is

carried out in the US in accordance with the definition given to it by the relevant laws and regulations, such activity will be specifically disclosed in this

document. UBS may have issued a warrant the value of which is based on one or more of the financial instruments referred to in the document. UBS and its

affiliates and employees may have long or short positions, trade as principal and buy and sell in instruments or derivatives identified herein; such

transactions or positions may be inconsistent with the opinions expressed in this document.

Within the past 12 months UBS may have received or provided investment services and activities or ancillary services as per MiFID II which may have given