Vale Investor Conference Presentation Deck

12 BMO 31st Global Metals & Mining Conference Copper Leveraging from regional opportunities Vale's production plan and optionality for copper in kt per year 900 297 2021 330-355 390-420 2022 2023-26E 2027+E Project Carajás Mineral district Salobo 3 Alemao South Hub extension ¹ 1 Refers to Cristalino project. 450+ Stage Construction Feasibility Feasibility LT Optionality Startup 2H 2022 2026/2027 2026 30-40 kt Carajas ~60 kt 80 kt • North Hub South Hub ● exp. • Salobo IV Production CAPEX Global Hu'u (Indonesia) US$ 1.1 bn US$ 2.1-2.3 bn US$ 1.3-1.5 bn Salobo Alemao Paulo Afonso Pojuca Gameleira Furnas Grota Funda Sossego Reshaping Cristalino South Hub deposits VALE

View entire presentation