Vale Investor Day Presentation Deck

Progressing on portfolio's decarbonization Extending mines lifespan on a sustainable basis Dry processing ROM 57% Fe Crushing and screening Sinter feed and lump 57 -60% Fe Production Future dry concentration Crushing and screening Dry tailings / Co-products ROM 43% Fe Use of low-grade ROM Drying Magnetic Separation Sinter and pellet feed for BFs 60-65% Fe Grinding Aeroclassification Pellet feed for DRs 65-68% Fe Production I 1 Considering the production route change by supplying direct reduction pellet feed to DR-EAF route instead of sinter feed to BF-BOF. 2 Direct reduction. High grade ores reduce over 0.7 ton of CO₂ per ton of steel¹ Dry concentration No need of tailings dams DR2 pellet feed production supporting steel industry decarbonization Classified dry tailings potentially marketable as co-products ‒‒‒ 16

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