Vale's ESG agenda

October, 2020

"This presentation may include statements that present Vale's expectations about future events or results. All statements, when based upon expectations about the future and not on historical facts, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under "Forward-Looking Statements" and "Risk Factors" in Vale's annual report on Form 20-F."

"Cautionary Note to U.S. Investors - The SEC permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We present certain information in this presentation,

including 'measured resources,' 'indicated resources,' 'inferred resources,' 'geologic

resources', which would not be permitted in an SEC filing. These materials are not proven or probable reserves, as defined by the SEC, and we cannot assure you that these materials will be converted into proven or probable reserves, as defined by the SEC. U.S. Investors should consider closely the disclosure in our Annual Report on Form 20-K, which may be obtained from us, from our website or at http://http://us.sec.gov/edgar.shtml."

Disclaimer

Brumadinho reparation

We are progressing with the Integral Reparation Program

Water Security

• Works to guarantee

Completion of

water supply to the

emergency works

Metropolitan region of

Belo Horizonte

and indemnities

Compensation actions

  • Projects to support the construction of permanent legacy for society

2021- 2024

Social legacy

Economy recovery

  • Projects to allow income and employment to communities without mining

2025

• Completion of immediate

2021

legal commitments

• Dam safety

2020

4

R$ 11.5 billion1

in reparation measures and dam de-characterization

¹ As of June 2020.

4

Since May/19, the Paraobepa River no longer receives sediments

Hydraulic barrier to contain tailings

5

Tailings containment works were concluded in Jan/2020

Fines retention dike

6

The water drained are pumped into a treatment plant

and returns clean to Paraopeba river

Water treatment plant

7

Construction of a water collection system on the Pará River to

guarantee the municipality's water supply

Pará de Minas pipeline

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Vale SA published this content on 08 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2020 11:34:02 UTC