Vale Investor Presentation Deck

China is at the center of our business goals theon Shulanghu Port, Zhejiang Province, China T Strong local presence: 160 employees, 12 port commercial partnerships and 1 port JV 70% of iron ore seaborne market Industrial partnerships for nickel supply in Indonesia (dominant nickel supplier) Main strategic issues: Proximity with customers / Iron solutions Price discovery futures exchanges, spot desk Inbound logistics ● ● ● Low-carbon steelmaking Partnerships to ensure security of supply

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