Vale Investor Day Presentation Deck

The equity story for Vale Our ESG agenda has advanced towards best practices ENVIRONMENTAL US$ 4-6 billion in investments by 2030 to reduce scope 1 & 2 emissions -80% of the mapped initiatives for scope 1 & 2 emissions reduction are positive NPV¹ Folha Larga wind and Sol do Cerrado solar projects New processes for innovative iron ore products (briquettes) SOCIAL Engagement and dialogue with communities Leading role in humanitarian aid during the Covid-19 pandemic Controversies management and Grievance Mechanism. Human Rights due diligence process Increased transparency GOVERNANCE Amended By-Laws in 2021 ✓ Individual election of Board members Provision for Lead independent director ✓8 independent members elected, including an Independent Chairman Compensation linked to ESG targets Rating upgrades Fitch (investment grade) Moody's (investment grade) Sustainalytics ESG (from 54.5 in 2019 to 38.7) ISS ESG (from C in 2020 to C+) 1 As of June 2021, with greater technological maturity due to the pilot phase and studies. Figures include assumptions for low-maturity technologies, leading to uncertainty. $50/tCO2e: shadow price for all capital allocation decisions. VALE

View entire presentation