Vale Investor Presentation Deck

17 Vale S.A. Proxy Season 2022 Best-positioned to support and drive the energy transition Iron Ore premium portfolio Average Fe content % Fe 63.6 Vale 66% Seaborne supply by Fe grade %, 2020 7% 28% >66% 60.8 1 Scopes 1 & 2 emissions. Source: Vale, Skarn. Peer 1 70% 5% 25% 66-64% 60.4 Peer 2 19% 59% 22% 64-60% 57.8 Peer 3 17% 83% <60% Future 2020 Others Peer 1, 2 and 3 Vale Cu Ni 2020, Sulphide producers finished nickel, CO2 Mt/t Ni cont.¹ 30 15 0 4 0 3 2 1 0 Low carbon base metals operations 2020, Mt CO2/t Cu cont.¹ Curve shows 1st production quartile 0 Vale's Canadian Nickel refineries. 330 Cummulative Nickel production - kt Salobo Re-rating Sossego 660 4th Quartile 5.6 CO₂/t Cu 3rd Quartile 4.2 CO₂/t Cu 2nd Quartile 3.3 CO ₂/t Cu 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 Cum mulative Copper production - kt VALE

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