Vale ESG Presentation Deck
Strong governance and oversight
for TSF¹ management...
■
Structures
created post-
Dam I collapse
■
Audit
Committee
Whistleblower
Channel
▪ Internal Audit
Compliance
Office
Corporate Integrity
Board of
Directors
Accountable
Executive Officer²
CEO
■
Advisory
Committees
Operational
Excellence &
Risks
Executive Risk
Committees
▪ Geotechnical
Risks
Safety and
Operational
Excellence
Executive Office
Executive compensation
35-60%
of short-term variable compensation tied to Health &
Safety, Operational Risk and VPS targets
The Safety and Operational Excellence Office has
NO TARGET tied to production or financial metrics
supported by tailored
executive compensation
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1 TSF stands for Tailings Storage Facility, with criteria agreed by the International Council on Mining and Metals' Tailings Advisory Group in response to the Church of England information request,
which may differ from the Brazilian National Mining Agency criteria. 2 A requirement by the Global Standard Industry on Tailings Management.
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