Vale Investor Conference Presentation Deck

Base Metals transformation Carajás is our platform to grow in copper Salobo III Alemão Cristalino www*** Start-up in 2022 Cu ~30-40 ktpy US$ 570-670 M streaming from Wheaton Start-up in 2024-25 Cu -60 ktpy High gold by-product / Opportunity for streaming Start-up in 2024-25 Cu -80 ktpy Maintain Sossego's plant operating at full capacity We will reach ~500 ktpy with projects already in the pipeline and have the potential to organically reach 900 ktpy capacity We are leaders in Nickel for energy transition VBME Copper Cliff Mine Onça Puma 2nd furnace Start-up in 4Q21 Ni-45 ktpy Transition to underground mining to sustain production Start-up in 4Q21 Recover production capacity Ni-10 ktpy Start-up in 2023 Ni-15 ktpy Low capital intensity, high return Focus on de-risking with stabilized production and growth potential in South Atlantic and Indonesia. 8

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