Vale's Performance in 3Q22

Vale's Performance in 3Q22: Opening remarks Making progress with dam safety Dam decharacterization program 40% complete No dam at critical safety condition by 2025 Dique 3, one of the 5 structures eliminated in 2022 ~53% tailings removed at B3/B4, one of the critical safety dams, and conclusion anticipated to 2025² dams removed from emergency level since the start of the year 12 eliminated since 2019, 40% of the total 7 VALE

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