Notice to shareholders

Vale informs on the final dividend amount per share

Rio de Janeiro, June 23rd, 2021 - Vale S.A ("Vale"), informs, in continuity with the Press Release disclosed on June 17, that there were a change in the number of Vale's shares outstanding, given the share buyback program for Vale's common shares announced on April 01. Thus, the final dividend per share, to be paid on June 30, 2021, will be in the gross amount of R$ 2.1896700641 per share as dividends.

Further dates and information from the Press Release of June 17 remain unchanged.

Luciano Siani Pires

Executive Officer of Investor Relations

Ever since the Covid-19 outbreak began, our highest priority is the health and safety of our employees. Our IR team adopted work-from- home, and as we continue to face these new circumstances, we strongly recommend you prioritize e-mail and online engagement.

For further information, please contact:

Vale.RI@vale.com

Ivan Fadel: ivan.fadel@vale.com

Andre Werner: andre.werner@vale.com

Mariana Rocha: mariana.rocha@vale.com

Samir Bassil: samir.bassil@vale.com

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;

  1. 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 The gross dividend amount, disclosed in the Press Release on June 17, was R$ 2.177096137 per share, which corresponds to a difference of 0.577555% (R$ 0.012573927).

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Vale SA published this content on 23 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2021 21:28:05 UTC.