Vale's Performance in 3Q22

Vale's Performance in 3Q22: Base Metals Production recovered in Q3 after maintenance period in Q2 Nickel production kt 51% 52 Sales: 44 kt +13% qoq Nickel 34 20 Canada Copper Indonesia 16 19 Brazil 9 7 3rd party feed 3 6 2Q22 3Q22 Significant operational improvements Refineries came back from Q2 maintenance - Conclusion of furnace 4 rebuild at PTVI - - Mill maintenance at Sossego in H1 Improved plant performance at Salobo Copper precipitates in North Atlantic Nickel sales-production gap - Port congestion in UK - Challenges in hiring containerships at Vila do Conde - Inventories held to meet sales commitments What to expect in Q4 Planned maintenance at Onça Puma, LHPP and Matsusaka Sales-production timing gap expected to revert Additional maintenance in South Atlantic Copper production 33% kt 74 56 35 Salobo 30 Nickel Sossego 19 Canada 5, 21 21 Copper 2Q22 3Q22 VALE

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