Vale Investor Day Presentation Deck

62 Base Metals Transformation Delivering on stability in Nickel Ramping up VBME Voisey's bay mine Development of two U/G¹ mines - Reid Brook and Eastern Deeps Physical progress 72% in October 2021 First ore achieved in Reid Brook. Eastern Deeps start-up expected for 2H22 Replacing capacity at Voisey's Bay 1 U/G stands for underground. Advancing on replacement projects in North Atlantic Thompson operations Manitoba extension Phase 1 approved Phase 2 advanced to pre-feasibility study CCM 3&4 Advancing maturity assessment of pre- feasibility study Replacing capacity in North Atlantic Onça Puma: optimizing growth opportunities in South Atlantic Onça Puma plant VALE 2nd furnace Additional production of 12-15ktpy in the first 10 years Currently performing value engineering Optionality Onça Puma expansion Adding capacity in South Atlantic

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