Vale Results Presentation Deck

Creating and sharing value: record FCF generation, 95% distributed to shareholders Free cash flow returned to shareholder US$ billion Share buyback Extraodinary dividends Ordinary dividends Free cash flow returned to shareholder (%) €50% 4.3 1.0 1.4 1.9 2018 2019 36% 3.3 0.9 2.4 2020 95% 19.0 5.5 5.9 7.6 2021 4.0 0.51 0.720 2.8² 1Q22 Minimum dividend policy 1 Considering share buyback program in year-to-date (February 24). 2 Considering dividends announced in February 24 to be paid in March. Extraordinary dividends Share buyback program Through the cycle Return surplus cash Attractive investment VALE 11

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