Vale Investor Presentation Deck

... evolving in our engagement program with investors and society Risk Structure We heard that we should reinforce our risk structure We responded by establishing the Audit Committee in March 2020, composed of specialists and appointing a Compliance Officer Gender Balance We heard that we should increase the % of women in the workforce We responded by setting a goal of doubling the female presence from 13% to 26% by 2030 and we have already reached 16.3% in 2020 Board Nomination We heard that the Nomination Committee must nominate members to the board We responded by establishing a Nomination Committee and Nomination Policy Individually Election We heard that the Board of Directors should be elected member by member and not on a slate We responded by amending the Bylaws to provide for individually election Compensation We heard that adoption of the malus clause should occur in conjunction with the clawback policy We responded by adopting the clawback policy from 2021, in addition to the malus clause Board Independence We heard that our Board should be composed of an independent majority We responded by adopting that at least 7, of up to 13 members, will be independent Transparency We heard that our ESG disclosure could Improve We responded by launching the ESG Portal, disseminating the Proxy Statement, issuing a Tax Transparency Report and preparing the first Integrated Report Climate Change We heard that we must dare in our climate change goals We responded by setting goals for scope 1, 2 and 3, in line with the Paris Agreement and putting forth our best efforts to stay below 2°C, for carbon neutrality by 2050 (scope 1 and 2) 28

View entire presentation