Vale Investor Presentation Deck

00⁰0 Discipline in capital allocation Our discipline in capital allocation remains steady Reparation Brumadinho Renova ▪ ✓ Brumadinho Global Settlement: US$ 3.872 billion provision Renova Foudation: US$2.074 billion provision Discipline in Capital Allocation De-risking Safety & Operational Excellence ▪ Production resumption ■ ▪ ESG ■ Other obligations ✓ US$2.289 billion provision for dam de characterization² ✓ US$ 2 billion-investment in energy self-generation until 2030³ 2 As of December 31, 2020. ³From renewable sources. 4On February 28th, 2021 Shareholder remuneration ▪ Dividends Buybacks Share buyback program on April 1st ✓Up to 5.3% of the total number of outstanding shares ³ Management confidence in Vale's potential to consistently create and share value Growth opportunities ▪ Growth projects ■ Other growth options ✓ ✓ Low-CAPEX growth options Capanema +14 Mtpy Salobo IV +30 ktpy Onça Puma 2nd furnace VALE 20

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