Vale S A : clarifies about press releases

Press Release

Vale clarifies about press releases

Rio de Janeiro, April 1st, 2024 - In reference to press news that mention possible actions taken by Vale S.A.

("Vale" or "Company") in the execution of its CEO succession process, notably the article entitled 'Vale initiates market survey for the new CEO selection', published today by the O Estado de S. Paulo newspaper, Vale clarifies that the definition of the company's CEO strictly follows Vale's governance processes and that, as of today, there is no decision about the hiring of the specialized company to support the Board of Directors in the executive selection process, nor a decision about potential candidates for succession.

Vale's Board of Directors continues to diligently conduct the discussions pertaining to the definition of the Company's CEO, strictly complying with the Bylaws and applicable corporate policies. Vale reassures its commitment to updating the market on material developments concerning its leadership.

Gustavo Duarte Pimenta

Executive Vice President, Finance and Investor Relations

For further information, please contact:

[e-mail]

Thiago Lofiego:[e-mail]

Luciana Oliveti:[e-mail]

Mariana Rocha:[e-mail]

Patricia Tinoco:[e-mail]

Pedro Terra:[e-mail]

This press release 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. 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.