Slide 1: Vale's performance in 3Q21
Vale's performance in 3Q21 Rio de Janeiro, October 29, 2021 Vale's iron ore briquettes
Slide 2: Agenda / Disclaimer
Agenda Disclaimer “This presentation may include statements that present Vale's expectations about future events or results .. All statements, when based upon expectations about the future involve various risks and uncertainties .. Vale cannot guarantee that such statements will prove correct .. The
Slide 3: Opening remarks
3 Opening remarks
Slide 4: We have made progress in repairing Brumadinho
We have made progress in repairing Brumadinho 4 Agreement for Integral Reparation ▪ R$ 3.9 billion disbursed in 9M21 ▪ R$9.2 billion planned for 4Q21 R$ 4.4 billion for the Income Transfer Program R$ 13.1 billion by the end of 2021 Individual indemnifications¹ + 11,400 people + R$ 2.7 billion in sig
Slide 5: We have also advanced with our ESG commitments
▪ Vale renounced indigenous mining processes in Brazil We have also advanced with our ESG commitments. 5 Mining on indigenous lands ▪ 600,000 food baskets for families in a situation of food insecurity in Brazil ▪ Initiative in partnership with local entities and volunteers Humanitarian Action Fight
Slide 6: Our climate agenda advances
▪ Rotor sailsand airlubrication: - Energy efficiency increase of up to 8% - The world's first ore carrier already with new technologies Our climate agenda advances 6 In shipping ▪ Ternium: MoU to develop solutions to the steel industry decarbonization With a new product ▪ Iron ore briquette: - Reduc
Slide 7: We are resuming our production capacity
We are resuming our production capacity 7 US$ 7.765 billion Free Cash Flow, US$ 1.238 billion higher than 2Q21 89.4 Mt Production of iron ore fines, 18.1% higher than 2Q21 In Vargem Grande, start of operation of the Maravilhas III dam and commissioning of the long-distance belt conveyor At the Fábri
Slide 8: Our discipline in capital allocation continues
Our discipline in capital allocation continues ¹Balance of provisions as of September 30, 2021, including exchange and present value adjustments. ²Initiatives to reduce sco pes 1 and 2 emissions. ³Approximate figure, as of October 7, 2021. Shareholder remuneration Dividends US$ 13.5 billion up to Oc
Slide 9: We are on the way to a better Vale
We are on the way to a better Vale 9 Re-rating De-risking Reshaping Reshaping ▪ Integral Reparation Agreement under execution ▪ 7 dams¹ decharacterized ▪ Resumption of additional operations in Vargem Grande ▪ Next deliveries: filtration plants ▪ Divestment of coal operation in progress ▪ Divestment
Slide 10: Iron Ore
10 Iron Ore
Slide 11: We are progressing on resumption plan
11 We are progressing on resumption plan 11 318 335 341 343 370 400 400-450 End of 2021 Today Investor Tour 2020 Investor Tour 2021 Medium term End of 2022 Future Iron ore capacity Vargem Grande conveyor belt +6 Mtpy Transiting inventories across the supply chain Update since Analyst & Investor Tour
Slide 12: Provisional prices impacted Vale's realized price in 3Q21
12 Provisional prices impacted Vale’s realized price in 3Q21 12 1 Adjustment as a result of provisional prices booked in 2Q21 at US$ 206.9/t. 2 Difference between the w eighted average of the prices provisionally set at the end of 3Q21 at US$ 117.7/t based on forward curves and US$ 162.9/t from the
Slide 13: Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Vale S.A. (Registrant) By: /s/ Ivan Fadel Date: October 29, 2021 Head of Investor Relations