Vale S A : clarifies media articles

Press Release

Vale clarifies media articles

Rio de Janeiro, July 9, 2024 - Following the press release dated May 23, 20241, Vale S.A. ("Vale" or "Company") clarifies recent press reports, referring to the process of defining the Company's new CEO, in particular, the press release published by the newspaper O Globo on this date2. Vale informs that the company Russell Reynolds, hired by Vale's Board of Directors, continues to provide advisory services for the Company's new CEO selection.

The actions within the competence of Vale's Board of Directors continue to be performed as disclosed to the market on May 1st, 20243. Vale's CEO succession process is executed in compliance with the Company's bylaws and corporate policies, as well as the Board of Directors' Internal Regulations and applicable legislation. Finally, the Company informs that there is no definition by Vale's Board of Directors regarding the list of candidates to date and reiterates that it will keep the market informed on relevant developments regarding the definition of its new CEO.

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.

1. With the title "Vale updates on the CEO succession process", availablehere.
2. With the title "Consultancy delivers Vale the first list for succession in the company. See the names", availablehereonly in Portuguese.
3. With the title "Vale informs on the CEO succession process", availablehere.