Vale Results Presentation Deck slide image

Vale Results Presentation Deck

We have also made progress on our ESG commitments Leading the transition to a low carbon mining ✓ Prioritizing the reduction of operational emissions ✓ Nature-based solutions with social and environmental co- benefits ✓ High integrity carbon markets ESG Gap Action Plan ESG GAPS by Estimated Completion 37 8 11 17 63 Dez/20 1S21 2S21 2022+ Total Complete Ongoing ✓ US$ 4-6 billion in investments by 2030 to reduce GHGE ✓ Marginal abatement cost curve updated annually for project prioritization ✓ -80% of the mapped initiatives are positive NPV¹ at the considered shadow price Closed in 1H21: ✓ Board of Directors assessment process ✓ Better reporting on long-term emerging risks ✓ Independent Chairman ✓ Provision for Lead independent director role ✓ Greater number of independent directors ✓ Greater Board experience in mining and dams ✓ Compensation Committee, with an independent majority ✓ Due Diligence Process in Human Rights 1 1 As of June 2021, with greater technological maturity due to the pilot phase and studies. Figures include assumptions for low-maturity technologies, leading to uncertainty. $50/tCO2e: shadow price for all capital allocation decisions. VALE 6
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