Vale Investor Conference Presentation Deck

Re-rating A leader in low-carbon mining By zeroing scope 2 emissions in Brazil by 2025 Pelletizing and metallurgy Mine ✓ Electric trolley in Carajás, -20% fleet emission reduction ✓ 25 underground electric trucks in operation in Canada, 40+ by late 2021 Logistics ✓ First 100% electric locomotive in Tubarão port: replacing diesel with sustainable electric energy, while also reducing noise emission ✓ Biomass-based pelletizing, successful tests in 2020, reducing fossil fuel demand Power ✓ Sol do Cerrado - 766 MW solar plant: US$ 500 mn investment October 2020 100% electric locomotive Vitória (ES) 404 404

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