Vale Investor Conference Presentation Deck slide image

Vale Investor Conference Presentation Deck

10 BMO 31st Global Metals & Mining Conference Vale Base Metals: right assets, right jurisdictions with technical expertise Contained metal in Mineral Resources (inclusive of Reserves) in million metric tonnes of metal Nickel Canada 3.1 Average 1.68% Grades Copper 2.6¹ Average Grades 1.38% Brazil 2.2 1.42% 0.69% 16.4 Indonesia 7.6 1.71% 0.83% 17.4 Our Base Metals business Thompson Sudbury Port Colborne ▲ Mine & Mill Onça Puma Refinery Integrated Operation * Future Hub Voisey's Bay Long Harbour Salobo Clydach Sossego Hu'u Reshaping Top 3 or better resource position in each jurisdiction for primary mined metals ² Note: 2020 Mineral Resource estimates as of December 31, 2020, except for copper resources in Indonesia (interim pre-feasibility study update concluded in December 2021). Minerals resources are shown in 100% basis, not reflecting Vale's interest. Mineral Resources includes measured, indicated and inferred categories. All tonnage information has been rounded to reflect the relative uncertainty in the estimates. 1 Copper is a byproduct of Canadian nickel operations. 2 Primary mined metals would be nickel for Canada, copper and nickel each for Brazil and Indonesia. For Canadian copper, which is a byproduct, Vale is not Top 3 in resources. Matsuzaka Sorowako VALE
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