Vale Investor Presentation Deck slide image

Vale Investor Presentation Deck

00⁰0 Discipline in capital allocation Focused on responsible exit from non-performing assets VNC Exit: complete 2 In 2018. ▪ 12% GDP of a French overseas territory ▪ Exit: Opposition from local separatists Creation of a local solution: Transaction supported by local employees, the South Province government and the French State Closure of ferro alloy operations at the Simões Filho plant Sale of Biopalma (Palm Oil production) Sale of our minority stake in the Zhuhai pelletizing plant and the Henan Longyu coal mine Transfer of Potasio Rio Colorado shares to the Province of Mendoza, in Argentina Coal Mozambique Exit: ongoing ~10% of Mozambique's GDP¹ +23,000 families on neighboring communities in Mozambique and Malawi ▪ Solid institutional relations with the Mozambican government ■ 1st step: Mitsui departure and repayment of Project Finance 19
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