Vale Results Presentation Deck

Vale distributed US$ 3.5 billion to shareholders and repurchased US$ 1.8 billion of its shares Free cash flow (US$ million) 6,374 EBITDA proforma 1Q22 720 Usual payments to suppliers following higher. investments in 4Q21 Profit-sharing payments 256 2,577 Working capital Brumadinho & Income Taxes de characterization & REFIS expenses¹ ● +US$ 1.6 bn vs. 4Q21 1,136 CAPEX 456 Others² 1,229 Free Cash Flow from Operations 4,736 ● ● Cash management & others³ Dividends: US$3.5 bn Share buyback: US$1.8 bn 3,507 Decrease in cash & cash equivalents ¹ Includes US$ 133 million of disbursement of Brumadinho provisioned expenses, US$ 123 million of Brumadinho incurred expenses. 2 Includes interest on loans, derivatives, leasing, dividends paid to noncontrolling interest, and others. VALE 3 Includes US$ 3.480 billion of shareholder remuneration, US$ 1.788 billion of share buyback, US$ 502 million from the sale of the participation in CSI, US$ 425 million of debt funding, and US$ 395 million of debt repayment. 20

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