Vale S A : MINUTES OF EXTRAORDINARY MEETING OF THE ADMINISTRATION BOARD (Form 6-K)

MINUTES OF EXTRAORDINARY MEETING OF THE ADMINISTRATION BOARD

1.DATE, PLACE AND TIME

The Administration Board ("AB") held a meeting on August 20, 2021, at 2:00 pm by videoconference, in the terms of the Corporate Bylaws of Vale S.A. ("Vale" or "Company").

2.PRESENCE LIST

All members of AB were present, José Luciano Duarte Penido ("JP") - President ("PCA"), Fernando Jorge Buso Gomes - Vice-President ("FB"), Eduardo de Oliveira Rodrigues Filho ("ER"), José Maurício Pereira Coelho ("JM"), Ken Yasuhara ("KY"), Lucio Azevedo ("LA"), Manuel Lino Silva de Sousa Oliveira ("MLO"), Marcelo Gasparino da Silva ("MG"), Mauro Gentile Rodrigues da Cunha ("MRC"), Murilo Cesar Lemos dos Santos Passos ("MP"), Rachel de Oliveira Maia ("RM"), Roberto da Cunha Castello Branco ("RCB") and Roger Allan Downey ("RD"). Secretary was Luiz Gustavo Gouvea, Secretary General of Corporate Governance. In addition, the guests mentioned in annex I took part in the meeting.

3.EXCLUSIVE SESSION

3.1 OPENING OF THE MEETING - PCA commented on the agenda of the meeting, pointing out that the Onboarding Program of AB will be completed with presentations and discussion on the subjects of the exclusive session.

3.2 EVOLUTION OF VALE CULTURAL TRANSFORMATION PROGRAM - AB got acquainted with the context of creation of the program, the status of Vale´s cultural transformation journey and the next steps, according to the presented material, and then, discussed the subject. PCA reaffirmed that cultural transformation is one of Vale's main initiatives, a reason why AB will follow its evolution up continuously. AB requested the Personnel, Remuneration and Governance Committee ("CPRG") to follow the matter up periodically.

3.3 CRITICAL SUBJECTS OF INSTITUTIONAL RELATIONS - AB got acquainted with and discussed the update regarding the critical subjects of institutional relations, according to the presented material.

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Continuation of the Minutes of the Extraordinary Meeting of Vale's Administration Board held on 08/20/2021 at 2 pm.

4.DELIBERATIVE AGENDA

After examination and debate, the following decision was made:

4.1CONSEQUENCE MANAGEMENT POLICY - With the favorable opinions of the Audit Committee and CPRG, AB unanimously approved the creation of Consequence Management Policy, of public character, in the terms of the presented proposal. Reference: Proposal for Direct Deliberation to AB.

5.CLOSING

Once the agenda of the meeting was fulfilled and there was nothing further to discuss, PCA thanked everyone for the participation and closed the meeting, drawing these minutes up. All documents and presentations that supported the subject matters discussed in this meeting were filed on the Governance Portal.

José Luciano Duarte Penido		Fernando Jorge Buso Gomes
President		Vice-President
Eduardo de Oliveira Rodrigues Filho		José Maurício Pereira Coelho
Board Member		Board Member
Ken Yasuhara		Lucio Azevedo
Board Member		Board Member
Manuel Lino Silva de Sousa Oliveira		Marcelo Gasparino da Silva
Board Member		Board Member
Mauro Gentile Rodrigues da Cunha		Murilo Cesar Lemos dos Santos Passos
Board Member		Board Member
Rachel de Oliveira Maia		Roberto da Cunha Castello Branco
Board Member		Board Member
Roger Allan Downey		Luiz Gustavo Gouvea
Board Member		Secretary

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