Vale's Performance in 3Q22

Vale's Performance in 3Q22: Iron Ore We are progressing on assets debottleneck Serra Norte S11D Gelado project: start-up phase 1 expected in 4Q22 and ramp-up in 2023 NB: previous license granted, and start-up expected in 2024 Applying for rolling licenses to sustain production level New crushers, mobile plants and +10 Mtpy project (start-up in 4Q22) supporting production increase in 2023, but still limited by jaspilite restrictions ▲ Jaspilite restrictions: waste crusher required to process large compact blocks Itabira Itabiruçu dam: first phase raising works concluded in 3Q22 and second phase in 2Q23 ▲ Licensing and development of tailings/waste stockpiles areas Brucutu A Torto dam: works completed, pending licensing to start-up ▲ Licensing and development of tailings/waste stockpiles areas VALE

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