Vale S A : provides update on Salobo 3 plant operations

Press Release

Vale provides update on Salobo 3 plant operations

Rio de Janeiro, June 19, 2024 - Following the press release filed on June 17, 20241, Vale ("Vale" or "Company") informs that the company continues to investigate the causes of the incident at the Salobo 3 plant, while the plan to resume operations is underway.

Based on preliminary findings, the company has not identified any factors that would require a revision of its 2024 copper production guidance, which remains at 320-355 kt. Furthermore, the company does not anticipate any impact on Q2 2024 copper sales, while the Salobo 1 and 2 plants continue to operate normally. Vale will keep the market informed about any significant developments regarding the incident.

Gustavo Duarte Pimenta

Executive Vice President, Finance and Investor Relations

1 With the title "Vale informs on a fire at Salobo 3 plant", available here.

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, wh en 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.