Vale Results Presentation Deck slide image

Vale Results Presentation Deck

Production impacted by ramp-up of Sudbury mines, including Totten resumption, ramp-up of VBME and maintenance at Sossego and Salobo Nickel production - kt 48,4 1Q21 Copper production - kt 76,5 -5% 1Q21 -26% 45,8 1Q22 56,6 1Q22 Sudbury mines achieving pre-labor disruption run rates ▪ Totten reaching pre-incident rates ▪ Stable performance in Onça Puma ▪ Planned maintenance in Matsusaka ▪ Increase in third-party sourced feed to maximize downstream utilization Ramp-up of VBME project ■ I ■ Sossego SAG mill maintenance extended ▪ Maintenance on Salobo's mill liners and impact of heavy rains on mine plan ▪ Lower by-products from Canadian operations Sudbury mine performance tonnes of ore mined - daily average May 2021 Jan 2022 Pre-strike Feb 2022 Mar 2022 Mining ahead of plan allowing plant to work with maximum throughput after maintenance Drawdown of maintenance backlog and higher grades zone to be mined in 2H22 Mining production increased in Sudbury - pre- strike levels VALE 11
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