Rio de Janeiro, February 24, 2025 – The Board of Directors of Vale S.A. (“Vale” or “Company”) has reviewed and approved today the list of nominees prepared by the Nomination and Governance Committee for the 2025-2027 term of office, as set forth below. The nominees are subject to election at the Annual General Meeting, which is expected to be held on April 30, 2025, with the convening scheduled for March 17, 2025. 

The nominees’ profiles are attached to this press release. The Board also approved the nomination of Mr. Daniel André Stieler and Mr. Marcelo Gasparino da Silva for the positions of Chairman and Vice-Chairman of the Board of Directors, respectively.

The proposed composition for Vale's Board of Directors for the 2025-2027 term includes 62% independent members[1], an average age of 58 years, an average continuous tenure of 2.7 years, a 23% renewal rate compared to the 2023-2025 term[2], 23% female participation, 31% non-white participation, and 31% non-Brazilian participation.

The Nomination and Governance Committee is an advisory body to the Board of Directors responsible for identifying, selecting, and recommending candidates for the Board. In this regard, the work performed by the Nomination and Governance Committee was supported by the international consultancy Korn Ferry and conducted in compliance with Vale's Bylaws and applicable policies, which consider the best global practices in corporate governance, in line with the B3 Novo Mercado Regulations and the applicable legislation. The final report is available here.

Marcelo Feriozzi Bacci
Executive Vice President, Finance and Investor Relations

[1] Considering 13 members, of which 1 member was elected by Vale employees in February 2025, and the other 12 members will be elected at the Annual General Meeting on April 30, 2025.[2] Considering the current composition of the Board of Directors, with the election of 2 (two) members on November 14, 2024.