Vale Investor Day Presentation Deck

42 3 Maximize flight-to-quality in Iron Ore There are multiple ways to decarbonize and we are engaging with clients on this journey In 2021, Vale engaged with 20 clients representing 40% of company's scope 3 emissions North America MoUs¹ under discussion Brazil MoU with Ternium Brasil Others under discussion ¹ MoU stands for Memorandum of Understanding. Europe MoUs under discussion Middle East MoUs under discussion Japan and Korea MoU with 3 clients (Hyundai and POSCO among them) Others under discussion China MoU with 4 clients (Baowu and Shagang, among them) Others under discussion Potential client solutions Dry concentration plants Green briquette plants High-grade products usage Tecnored technology Burden mix optimization Biocarbon usage Metallics VALE Direct reduction technologies

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