PT Vale Indonesia Tbk : 2020 EGMS Prenotice

ANNOUNCEMENT

EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS

Hereby informing the shareholders of PT Vale Indonesia Tbk ("Company") that the Company will convene an Extraordinary General Meeting of Shareholders ("Meeting") on Monday, September 7th, 2020 in Jakarta, Indonesia.

Pursuant to Articles 27 and 28 of the Financial Services Authority Regulation No. 15/POJK.04/2020 on the Plan and Implementation of the General Meeting of Shareholders of Public Company ("OJK Regulation No. 15"), the Company requests the shareholders to authorize its power of attorney through the Electronic General Meeting System KSEI ("eASY.KSEI") facility provided by PT Kustodian Sentral Efek Indonesia or download the proxy form available in the Company's website and authorize its power of attorney to PT Bima Registra as the Shares Registrar appointed by the Company, as a mechanism for electronicaly authorizing the Meeting. Electronic proxy by mentioning the vote for every Meeting agenda can be authorize at the latest on September 4th, 2020 at 17.00 Western Indonesian Time.

Pursuant to Article 22 of the Company's Articles of Association and Article 52 paragraph 1 OJK Regulation No. 15, notice and agenda of the Meeting will be published at the latest on August 14th, 2020 in the Indonesian stock exchange's website and Company's website (www.vale.com/indonesia), as well as in the eASY.KSEI system, in Indonesian and English languages.

Shareholders who are entitled to attend or be represented by proxy at the Meeting are shareholders whose names are registered in the Company's Register of Shareholders on August 13th, 2020 at 16:15 P.M. Western Indonesia Time.

Pursuant to Article 22 of the Articles of Association of the Company and Article 16 OJK Regulation No.15, shareholders who are entitled to propose a meeting agenda is 1 (one) shareholder or more who represent 1/20 (one per twenty) or more from the entire shares in the Company with valid voting rights. Every proposal by shareholders must be delivered in writing to the Board of Directors of the Company at the latest on August 31st, 2020 at 17.00 P.M. Western Indonesian Time and (i) must be directly related with the Company's business; (ii) proposed in good faith; (iii) shall consider the Company's interest; (iv) a meeting agenda item which requires Meeting resolution; (v) provide reason and materials for the proposed Meeting agenda; and (vi) in accordance with the Articles of Association of the Company and the prevailing laws and regulations.

Please be informed accordingly.

Jakarta, July 30th, 2020

PT Vale Indonesia Tbk

The Board of Directors

PT Vale Indonesia Tbk

Jakarta: The Energy Building 31st floor SCBD Lot 11A - Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia. T. (62) 21 524 9000 F. (62) 21 524 9020

Makassar: Jl. Somba Opu No. 281, Makassar 90113, Indonesia. T. (62) 411 873 731 F. (62) 411 856 157

Sorowako: Main Office Plant Site Sorowako, Luwu Timur 92984, Indonesia. T. (62) 21 524 9100 F. (62) 21 524 9557 www.vale.com/indonesia