Vale S A : Call Notice - Extraordinary And Annual Shareholders’ Meetings

PUBLICLY-HELD COMPANY

CNPJ 33.592.510/0001-54

EXTRAORDINARY AND ANNUAL SHAREHOLDERS' MEETINGS

CALL NOTICE

The Shareholders of Vale S.A. ("Vale") are hereby called to the Extraordinary and Annual Shareholders' Meetings "(Meetings") which will be held cumulatively on April 28, 2023, at 10 a.m., exclusively digitally via the Zoom platform, in order to vote on the following Agenda:

1. Annual Shareholders' Meeting

1. Evaluation of management's report and accounts and analysis, discussion and vote on the financial statements for the fiscal year ended December 31, 2022;
2. Proposal for the allocation of profits for the year 2022, and the consequent approval of Vale's Capital Budget, for the purposes of Article 196 of Law No. 6,404/76;
3. Fixing the number of seats of the Board of Directors at 13 effective members and 1 alternate member;
4. Individual election of the members of the Board of Directors;
5. Election of the Chairperson of the Board of Directors;
6. Election of the Vice-Chairperson of the Board of Directors;
7. Election of the members of the Fiscal Council; and,
8. Setting the compensation of management and members of the Fiscal Council for the year 2023.

2. Extraordinary Shareholders' Meeting

2.1 Amendment of the caput of Article 5 of Vale's By Laws considering the cancellation of ordinary shares issued by Vale approved by the Board of Directors on 03/02/2023.

Pursuant to CVM Resolution 70/2022, the minimum percentage of shareholding in Vale's voting capital required to request cumulative voting is 5% (five percent). It is important to note that any requests for cumulative vote may be made as early as possible, in order to

facilitate the processing of the request by the company and the participation of other shareholders.

All documentation pertinent to the matters to be resolved at the Meeting, including instructions for shareholders' remote accreditation and participation, is available at the Vale head office, on its website (http://www.vale.com) and on the pages of the Brazilian Securities and Exchange Commission - CVM (www.cvm.gov.br), B3 S.A. - Brasil, Bolsa, Balcão (www.b3.com.br) and the Securities and Exchange Commission (www.sec.gov).

As detailed in the Manual for Participation in the Meetings ("Manual"), shareholders may participate in the Meetings in person or through a duly appointed proxy, pursuant to the terms of Paragraph 1 of Article 126 of Law 6404/1976 ("Corporation Law") and Circular/Annual Letter - 2023 - CVM/SEP. In order to participate in the Meetings, shareholders must submit to the Company all documents required in the Manual, disclosed on this date, and observe the deadlines and rules established therein, in particular the following:

• Individuals: valid identity document with a photo of the shareholder or proxy, in addition to proof of ownership of the shares and documents supporting the representation that meet the provisions of Article 126 of the Corporation Law.
• Legal entity: valid identity document with a photo of the legal representative, in addition to proof of ownership of the shares and documents supporting the representation, including a copy of the acts of incorporation and minutes of election of the officers of the legal entity, or other corporate documents that prove the validity of the representation, in accordance with the Corporation Law or the Civil Code, as applicable.
• Investment Funds: valid identity document with a photo of the legal representative, in addition to proof of ownership of the shares and documents supporting the representation, including a copy of the fund's bylaws in force, the constitutive acts of its administrator or manager, as the case may be, and a copy of the minutes of the election of the fund's managers.

The Company advises shareholders to read the Manual carefully in order to check the documents required for their participation in the Meetings.

Shareholders may exercise their voting rights by means of: (i) remote voting ballot, with the voting instruction being sent prior to the Meetings respecting the due date established forward; or, (ii) remote participation via Zoom at the time of the Meetings.

For voting by remote voting ballot, the shareholder must manifest his/her voting instruction with respect to the matters on the Agenda by submitting the duly completed and signed remote voting ballot by April 21, 2023 (inclusive): 1) to the registrar of Company-issued shares; 2) to its custodian agents that provide this service, in the case of shareholders holding shares deposited in a central depository (shares under custody at B3); or, 3) directly to the Company; in all cases, always observing the rules provided for in CVM Resolution 81/2022 and in the Manual. The Company advises shareholders who have their shares held in custody at B3 to contact their custody agents in order to ensure that the remote voting ballot is sent within the period provided for above.

Participation via Zoom will be restricted to shareholders, their representatives or proxies, as the case may be, who have registered pursuant to the terms detailed in the Manual, and who log on to the system by the time the Meetings opens. Accreditation must be completed by 10am on April 26, 2023, using the form available at www.vale.com/investidoresand at the banner "AGOE 28.04.2023", which must be accompanied by the documents required for participation, as provided in the Manual. Once the documentation has been checked and accreditation granted, the Company will send by e-mail, preferably one (1) day before the date of the Meetings, instructions for access to the electronic system to the shareholders who have registered.

March 13, 2023, Rio de Janeiro.

José Luciano Duarte Penido

Chairman of the Board of Directors