Vale Investor Day Presentation Deck

55 Base Metals Transformation ... and taking Carajás towards growth Alemão: approaching the next big step towards Carajás growth GROWTH New underground mine in the former Igarapé Bahia gold mine Access to regional infrastructure Well-advanced feasibility study. Conclusion expected by the end of 2022. Adding ~60 ktpy with significant gold Igarapé Bahia Mine-location of future Alemão project Adding on optionality to South Hub extension Sossego Mill WITH OPTIONALITY Progressing on Cristalino feasibility study Advancing on satellite deposits studies to provide optionality e.g., Bacaba REPLACEMENT Ongoing evaluation of South Hub expansion - new processing plant Extending life at ~80 ktpy¹ ¹ Life-of-mine average. 2 Year-to-date: January-November 2021. 3 Comprising Paulo Afonso, Pojuca, Grota Funda and Gameleira. Developing future growth options Pojuca Paulo Afonso Sul 17 Grota Funda Gameleira Satellite view of North Hub area Furnas 170 GROWTH Development of the North Hub to process feed from northern deposits Close to Salobo - synergies with some of the existing infrastructure 60km of drilling completed YTD² 3 VALE 70-100ktpy estimated potential

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