Vale Investor Day Presentation Deck

Achieving 400 Mtpy capacity level Projects bring additional capacity and high quality Main projects and initiatives Gelado project Pellet feed production from Gelado dam tailings recovery, with start-up by 2H22 S11D 100 Mtpy project Purchase and repower of equipment, with start-up by 2H22 Serra Sul 120 project Flexibility in medium term and production growth in long term, with start-up by 2H24 Usina 1 conversion to dry processing Conversion expected for 2025, increasing site's mass recovery and productivity Opening of new mining fronts in Serra Norte N3 mining front start-up by 2023 and N1/N2 mining front start-up by 2026 2015 S11D 100 Mtpy project construction N3 Project area VALE 27

View entire presentation