PT Vale Indonesia Tbk : 2021 AGMS Prenotice (rev)

PT Vale Indonesia Tbk

ANNOUNCEMENT

ANNUAL GENERAL MEETING OF SHAREHOLDERS

Hereby informing the shareholders of PT Vale Indonesia Tbk ("Company") that the Company will convene an Annual General Meeting of Shareholders ("Meeting") on Thursday, April 29th, 2021 in Jakarta, Indonesia.

The Company plans to hold the Meeting electronically pursuant to the Financial Services Authority Regulation No. 16/POJK.04/2020 on the Implementation of Electronic General Meeting of Shareholders for Public Companies ("OJK Regulation No. 16") or, with observance to the situation and condition on the relevant time, to hold the Meeting with limited physical attendance of the shareholders. If the Meeting is held electronically, the Meeting will use E-GMS (as defined in OJK Regulation No. 16) provided by PT Bima Registra as an authorized provider as well as the Shareholder Registrar (Biro Administrasi Efek) appointed by the Company. The decision on the Meeting execution will adhere to and observe the policies of the President of the Republic of Indonesia, Government of DKI Jakarta Province and other institutions authorised for COVID-19 pandemic handling.

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 their powers 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 April 28th, 2021 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 March 31st, 2021 in the Indonesian Stock Exchange's website and the 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 March

30th, 2021 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 March 24th, 2021 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, March 16th, 2021

PT Vale Indonesia Tbk The Board of Directors