Vale (VALE3) ESG presentation summary

Strategic vision and business focus

• Aims to lead value creation in mining through ethical and sustainable practices, focusing on iron ore, copper, and nickel with an emphasis on decarbonization, operational efficiency, and growth in critical minerals.

• Leverages sustainability, operational excellence, capital allocation, and stakeholder engagement as key levers.

Safety, cultural transformation, and operational excellence

• Achieved a 40% reduction in high-potential recordable injuries and implemented a comprehensive safety culture and risk management program.

• Advanced cultural evolution with a focus on psychological safety, diversity, inclusion, and continuous improvement.

• Implemented Critical Risk Management methodology across all maintenance areas, resulting in a 90% reduction in high-potential injuries since 2020.

Dam safety, tailings management, and circularity

• Removed 80% of dams from emergency levels, with no dams at the highest risk, and invested $4.8 billion in dam decharacterization.

• Reduced tailings generation by 33% since 2015, with 81% of production not requiring tailings dams and increased use of dry stacking and co-products.

• Circularity initiatives now account for up to 10% of iron ore production, transforming waste into value and reducing environmental impact.