Vale S.A. Circular Mining Policy Update

Vale S.A. has issued a new Circular Mining Policy (POL-0040-G, Version 01) effective September 21, 2026. This policy aligns with the company's commitment to a circular economy, emphasizing the responsible management and utilization of mining waste and tailings. Key guidelines include transparency, ethical conduct, prioritizing resource optimization through advanced technologies, and investing in research and development for waste reuse and co-product integration into other value chains. The policy applies to Vale and its subsidiaries, encouraging partners and suppliers to adopt similar practices. It addresses the strategic management of risks and opportunities related to mining waste, aiming for operational excellence and reduced socio-environmental impact. Specific definitions for terms like "Circular Mining," "Waste," and "Tailings" are provided, along with references to relevant regulations and internal policies. The policy outlines governance structures and responsibilities across various executive departments, including the Executive Committee, Technical Executive Vice-Presidency, and Corporate Sustainability Department, for its implementation and oversight. Dissemination and review processes are established, with a review period of five years or as needed. The policy will be effective upon approval by the Board of Directors.