Vale Investor Day Presentation Deck

60 Base Metals Transformation Progressing on our Nickel agenda Conclusion of VNC¹ sale Approval of Manitoba Extension Phase 1 First ore achieved at VBME² 1 VNC stands for Vale New Caledonia. 2 VBME stands for Voisey's Bay mine extension. 3 CCM 1 stands for Copper Cliff Mine 1. First ore achieved at CCM 13 South mine VALE

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