Vale Investor Day Presentation Deck

Progressing on portfolio's decarbonization Advancing with our pioneer scope 3 net emission reduction target Absolute scope 3 net emissions Mt CO₂ eq. 586 2018 -15% 641 2035 (BaU¹) 496 145 Mt 2035 (target) Steelmaking represents 94% of Vale's scope 3 Partnership and engagement with clients and suppliers (75-85% or -115 Mt CO₂ eq. of the challenge) Leveraging steel industry decarbonization initiatives Supporting a reduction in shipping emissions² Vale's own initiatives (15-25% or ~30 Mt CO₂ eq. of the challenge) Improving our high-quality portfolio Developing new technologies and asset light solutions Possibility of assessing high-integrity carbon markets to comply with the reduction targets if necessary Note: Vale is also committed to revising its scope 3 target in 2025 and every 5 years, in order to reevaluate technological developments and global climate policy advancements. 1 BaU stands for business as usual. Scenario based on production of ~400M tpy iron ore. Reduction target based on Science Based Target Setting tool for Scope 3, including offsets. 2 Target to reduce intensity in 40% by 2030 and 50% absolute emissions vs. emissions in 2008 (reference year). VALE 8

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