Vale Investor Conference Presentation Deck

D Maximize flight to quality in Iron Ore Resuming and stabilizing iron ore capacity Implementing solutions for a sustainable mining Iron ore capacity (Mtpy) 322 Today 350 End of 2021 400 End of 2022 450 Future Production guidance 2021: 315-335 Mt Increasing dry W processing production C: Developing dry concentration solutions Implementing ** tailings filtration systems Blending strategy Production increase in Northern System Shift of Usina 1 in Serra Norte New Steel plant with 1.5 Mtpy capacity approved Vargem Grande Complex Brucutu site Itabira Complex VALE 7

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