Vale Results Presentation Deck

Lower iron ore price greatly offset by higher volumes EBITDA 3Q21 vs. 4Q21 (US$ million) 7,109 EBITDA 3Q21² 2,075 Prices • US$ 2.4 billion negative effect from Ferrous business US$ 0.3 billion positive effect from Base Metals and Coal 1,443 Volume ● Sales increase: +17.6 Mt of iron ore ¹ +2.9 kt of nickel 482 Others ³ 1 Includes iron ore fines and pellets. 2 Net of Brumadinho expenses and COVID-19 donations. 3 Includes US$ 154 million in lower unit costs and expenses, US$ 122 million in foreign exchange effect and US$ 206 million in dividends received and others. 6,959 EBITDA 4Q21² VALE 23

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