CMN Resolution No. 5,283 — Amending CMN Resolution No. 5,260 Regarding Loans from the National Civil Aviation Fund (FNAC)

Resolution No. 5,283

CMN RESOLUTION NO. 5,283, OF FEBRUARY 26, 2026 Amends Resolution CMN No. 5,260, of October 30, 2025, which provides for the granting of loans with resources from the National Civil Aviation Fund – FNAC.

The Central Bank of Brazil, in accordance with Art. 9 of Law No. 4,595, of December 31, 1964, makes it known that the National Monetary Council, in a session held on February 26, 2026, based on Art. 4, paragraph 1, item VI, of the aforementioned Law, and on Art. 63,

paragraph 13, of Law No. 12,462, of August 4, 2011,

R E S O L V E S:

Art. 1 The CMN Resolution No. 5,260, of October 30, 2025, published in the Official Gazette of the Union on November 3, 2025, shall be amended as follows:

“Art. 1 ...................................................................................................................................

§ 1 ........................................................................................................................................

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V

• acquisition of aircraft: financial support for the acquisition of new aircraft of national manufacture and support for the acquisition of engines, parts, and associated components, including for the qualification and training of airmen and aviation workers, in an amount up to 30% (thirty percent) of the value financed with aircraft; and

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§ 2 Financing for the purposes set forth in § 1 shall allow the use of resources to contract contractual guarantees, including guarantee insurance, related to the respective financings.” (NR)

“Art. 4 ...................................................................................................................................

§ 1 Mandatory minimum counterparty obligations for the credit lines defined in Art. 1, § 1, the non-compliance with which will imply the retroactive substitution of financial charges to the borrowers defined in Art. 2, paragraph 1, item I, as remuneration to the FNAC, in accordance with § 3, calculated on the date the non-compliance is detected:

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IV

• an increase of at least 15% (fifteen percent) in the annual proportion of frequencies operated by the company between airports located in the region comprising the Legal Amazon and the Brazilian Northeast, in relation to the proportion practiced in the year prior to the formalization of the financing request, or, alternatively, a guarantee that at least 17.5% (seventeen and a half percent) of its total annual takeoffs are performed with origin and destination situated in these regions, observing the following conditions:

a) the company shall have a period of twenty-four months, from the approval of the financing request by the CG-FNAC, to achieve the above target; and

b) the company must maintain, for at least one year, the minimum absolute number of frequencies in the region resulting from the calculation of the target established on the date of financing approval by the CG-FNAC.

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§ 5 The counterparty obligations set forth in items I and II of § 1 of this article apply only to the credit lines defined in Art. 1, § 1, items I and VI, of this Resolution.” (NR)

Art. 2 Item “c” of item IV of § 1 of Art. 4 of CMN Resolution No. 5,260, of October 30, 2025, published in the Official Gazette of the Union on November 3, 2025, is hereby repealed.

Art. 3 This Resolution enters into force on the date of its publication.

GABRIEL MURICCA GALÍPOLO President of the Central Bank of Brazil