Vale Investor Presentation Deck

Base Metals transformation Assets and expansion plan in transition metals are platforms to the low-carbon economy Salobo III Alemão VBME Copper Cliff Mine Start-up in 2022 Cu 30-40 ktpy Start-up in 2024-25 Cu -60 ktpy Start-up in 4Q21 Ni -45 ktpy Start-up in 4Q21 Ni ~10 ktpy Cristalino Hu'ú Onça Rumae 2nd furnace Bahodopi and PRI Pomalaa Start-up in 2024-25 Cu -80 ktpy Potential project approval in 2025 Cu ~250 ktpy Start-up in 2023 Ni -15 ktpy 2025-2026 Ni ~110 ktpy Copper: -500 ktpy with projects already in the pipeline and potential to organically reach 900 ktpy capacity Nickel Focus on de-risking with stabilized production and growth potential in South Atlantic and Indonesia 18

View entire presentation