Vale Investor Day Presentation Deck

36 3 Maximize flight-to-quality in Iron Ore Extended supply chain services delivering value for clients Freight service ▪ >75% of sales under CFR model with most volumes being transported in large vessels ■ Reduced exposure to spot market with long- term affreightment contracts ■ ■ Blending strategy 17 ports in China and 2 distribution centers in Malaysia and Oman Solutions for just in time products and logistics efficiency Pre-blending New ■ Ports' partnerships Partnership to develop 20 Mtpy of strategic port capacity in Shulanghu port (West III project) ¹ Valemax vessels unloading in more 3 ports in China in 2021 and 2 more expected for 2H22, totaling 9 ports New ■ Grinding facilities Developing grinding capacity to produce GF882 in the mid term Capturing the growing demand of pellet feed in China Concentration facilities ED ■ Development of beneficiation capacity in China to concentrate products New ▪ Supply the Chinese construction industry with sand (co-product) 1 The West III project consists in expanding the Shulanghu Port facilities, developing a stockyard and loading berths with additional 20 Mtpy capacity. By participating in the project, Vale will secure a total port capacity of 40Mtpy in Shulanghu, which will help Vale to optimize its overall supply chain costs. 2 Pellet feed production using ground IOCJ. New VALE

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