Summary of the Meeting of the Board of Directors

July 30, 2020 December 31, 1969

Completed

VIA TELECONFERENCE

  1. OPEN: NONE
  2. CLOSED:
    1. Minutes of June 23, 2020 Board Meeting for approval

      BUSINESS CREDIT DIVISION
    2. Working Capital Guarantee - AP089376XX
      Obligors: Embraer Executive Aircraft, Inc.
      Products: Aircraft Manufacturing
      Review Required: NAC
      Decision Required: Approval
      Sahat Sakhatov - Loan Officer
      Mario Ramirez - Director, Business Credit
      Nicole Wharton - Counsel
      Stephen Renna - Chief Banking Officer
Certification for Closure of Meeting

I, Andrea Q. Bernardo, Assistant General Counsel for Administration, hereby certify that in my opinion the Meeting of the Board of Directors scheduled for 10:00 AM on Thursday, July 30, 2020 via teleconference will disclose information of the kind set forth in Subsection (4) of Section 552b(c), Title 5 of the United States Code.

Accordingly, such meeting may be closed to the public. 

Andrea Q. Bernardo Assistant General Counsel

Date Posted
ITEM NO. 1

Approval of the Minutes of the July 23, 2020 Board Meeting
Board Decision: APPROVED.  Chairman Reed, Director Bachus and Director Pryor all voted in favor of the minutes.

ITEM NO. 2

Working Capital Guarantee - AP089376XX
Obligors: Embraer Executive Aircraft, Inc.
Products:  Aircraft Manufacturing
Review Required:  NAC review 07-27-2020
Board Decision:  APPROVED.   Chairman Reed, Director Bachus and Director Pryor all voted in favor of the recommendation.