Vale ESG Presentation Deck

Revised provisions according to project pipeline Elimination of upstream TSFs per year No. of structures 5 4 3 {1- 2 LO 5 3 30 7 2021A 2022F 2024F¹ 2025F3 2026F 2027F 2029F 2035F Total 2 US$ billion 0.3 0.4 Program's cash outflow¹ 0.4 0.5 0.5 0.4 2021A 2022F 2023F 2024F 2025F 2026F 0.2 2027- 35F on average ¹ Estimated cash outflow for 2022-2035, given BRL-USD exchange rate at 5.5805. Values presented without adjustment to present value. The 2027-35 average cash outflow is of US$ 240 million. VALE 28

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