Vale Investor Day Presentation Deck

Plant construction, November 2021 Salobo 3 project, Carajás (PA), Brazil We are advancing Salobo 3 New processing plant¹ that allows to increase copper production by 30-40 ktpy² CUM VE Concluded assembly of flotation cells and energization of power substation Commissioning of facilities to start in 1H22. Start up planned for 2H22 Further optionality with Salobo IV to potentially add 30 ktpy of copper³ Goldstream tail payment > US$ 500 million New processing plant with a nominal processing capacity of 12 Mtpy of ore. 2 Life-of-mine average. Yearly production may vary as a result of mine plan. 3 Subject to feasibility studies, internal approvals and market conditions

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