Vale Results Presentation Deck

Optimal leverage was reviewed to US$ 10-20 billion range Expanded net debt (US$ billion) 15.1 Expanded net debt 4Q21 3.0 2.2 -0.9 Net debt Commitiments Net variation ² change FX variation¹ 19.4 Expanded net debt 1Q22 Key enablers to support US$ 10-20 bn range Solid fundamentals Capacity resumption Cost efficiency and capex discipline ¹ Includes Refis, Brumadinho provisions, De-characterization provisions, Samarco & Renova Foudation provisions. 2 Includes currency swaps, Refis, Brumadinho provisions, De-characterization provisions, Samarco & Renova Foudation provisions. Liability management initiatives VALE 21

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