Vale Investor Presentation — October 2021

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Vale's performance in 3Q21

Rio de Janeiro, October 29, 2021Vale's iron ore briquettesAgendaDisclaimer“This presentation may include statements thatpresent Vale's expectations about future events orresults .All

statements, when based upon expectations about thefuture involve various risks and uncertainties .Vale

cannot guarantee thatsuch statements willprove correct .These risks anduncertainties include factors related

tothefollowing :(a)thecountries where weoperate, especially Brazil andCanada ;(b)theglobal economy ;(c)

thecapital markets ;(d)themining and metals prices and their dependence onglobal industrial production,

which iscyclical bynature ;(e)global competition inthemarkets inwhich Vale operates ;and(f)theestimation

ofmineral resources andreserves, theexploration ofmineral reserves andresources andthedevelopment of

mining facilities, ourability toobtain orrenew licenses, thedepletion and exhaustion ofmines and mineral

reserves andresources .Toobtain further information onfactors thatmay lead toresults different from those

forecast byVale, please consult thereports Vale files with theU.S.Securities and Exchange Commission

(SEC), theBrazilian Comissão deValores Mobiliários (CVM) and inparticular thefactors discussed under

“Forward -Looking Statements” and“Risk Factors” inVale’s annual report onForm 20-F.”

“Cautionary Note toU.S.Investors –Vale currently complies with SEC Industry Guide 7initsreporting of

mineral reserves inSEC filings .SEC Industry Guide 7permits mining companies, intheir filings with theSEC,

todisclose only those mineral deposits thatacompany caneconomically andlegally extract orproduce .We

present certain information inthispresentation thatarenotbepermitted inanSEC filing.These materials are

notproven orprobable reserves, asdefined bytheSEC, andwecannot assure youthatthese materials willbe

converted intoproven orprobable reserves, asdefined bytheSEC.Starting initsnext annual report onForm

20-F,Vale willcomply with Subpart 1300 ofRegulation S-K,which willreplace SEC Industry Guide 7.Subpart

1300 ofRegulation S-Kpermits mining companies, intheir filings with theSEC, todisclose “mineral reserves”,

“mineral resources” and “exploration targets” that arebased upon and accurately reflects information and

supporting documentation ofaqualified person .Wepresent certain information inthispresentation thatarenot

based upon information ordocumentation ofaqualified person, andthatwillnotbepermitted inanSEC filing

under Subpart 1300 ofRegulation S-K.These materials arenotmineral reserves, mineral resources or

exploration targets, asdefined bytheSEC, andwecannot assure youthatthese materials willbeconverted