EMBRAER S.A.

Ticker: EMBJ CUSIP: 29082A107 Class: ADR

TIFF ADVISORY SERVICES, LLC's Holding History (CIK: 0001271347)

Note: Option positions (PUT/CALL) are excluded.

Q1 2014
Shares 1,900 Value ($000) $67 Avg Close — Range —
Q4 2013
Shares 1,900 Value ($000) $61 Avg Close — Range —
Q3 2013
Shares 5,900 Value ($000) $192 Avg Close — Range —
Q2 2013
Shares 5,900 Value ($000) $218 Avg Close — Range —