Vale Investor Day Presentation Deck

Progressing on portfolio's decarbonization Vale's own initiatives support the steel industry decarbonization CO₂ reduction estimates 2 Mt CO ₂ eq. 30 Vale's main initiatives 50 6 Iron ore briquettes 101 5 Dry concentration technology Note: Estimates figures subject to feasibility studies, internal approvals and market conditions. 1 Production of direct reduction pellet feed by dry concentration technology. Low Fe HBI Asset-light solutions Tecnored (pig iron 100% biomass) Initiative's maturity level Estimates Estimated production (Mt) Biomass in blast furnace (PCI) VALE

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