Vale Investor Day Presentation Deck
69
5
Discipline in capital allocation | De-risking
The Reparation Agreement brought certainty on Vale's
disbursements
2/3 of payment
obligations
55% of total
agreement to be
concluded by 2021
Reparation Agreement¹
US$ billion
1,7
2.4
0.2
2,3
Previously 2021
disbursed
0.7
0,3
0,4
2022E
0.8
0,4
0,4
2023E
0.6
0.4
0.2
2024E
0.5
0,3
0.2
2025E
0.7
0,5
0.2
2026-
2029E
Performance obligations
Payment obligations²
1 Amounts stated include inflation and do not include discount to present value, considering average BRL/USD exchange rates in 2019 of 3.95, in 2020 of 5.2 and of 5.4 for 2021 onwards. It does not include
individual indemnification nor incurred expenses. 2 It considers the release of judicial deposits.
3.4
1,9
1,4
Total
2022-
2029E
VALEView entire presentation