Following communication from July 1st, Vale clarifies that the Company's Board of Directors will swiftly proceed with the collegiate body’s recomposition by means of the appointment of two substitute members, in compliance with article 11, §9º of the Company's Bylaws.

The selection of the new members will be performed with the assistance of Korn Ferry, an international consulting company, considering the provisions of the Administrators Policy, legal guidelines and market rules. The appointed members will serve until the next Extraordinary General Meeting, which will be convened later.

Vale's Board of Directors will continue, as always, to regularly perform its duties in the Company’s management, in accordance with Vale's Bylaws, the board's Internal Regulations, corporate policies and applicable legislation.