Vale Investor Day Presentation Deck

57 Base Metals Transformation Progressing on project development... Scoping FEL 1 Pre-feasibility FEL 2 South Hub Extension¹ Other satellites South Hub Expansion Salobo IV North Hub +70-100 ktpy 2019-20 Hu'u REPLACEMENT 2021 O South Hub Extension: Cristalino Alemão Victor JV 20 ktpy² South Hub Extension¹ Other satellites South Hub GROWTH +30-40 ktpy Salobo IV +30 ktpy Expansion Hu'u 300-350 ktpy 1 Satellite deposits projects vary in maturity. 2 Volume presented as Vale share O O O O O Feasibility FEL 3 Alemão +60 ktpy South Hub Ext.: Cristalino 80 ktpy O O O Investment Decision 2022-23 2023 2023 2024+ 2025+ 2025+ 2026+ O 2028+ VALE

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