Vale – Interim Target A

Consume 100% renewable power in Brazil by 2025. Reduce scope 1 and 2 emissions by 33% by 2030 with a baseline of 2017- policy is aligned with the Paris Agreement’s objective of limiting global warming to below 2ºC. Reduce 15% of its absolute scope 3 net emissions by 2035 with a baseline of 2018 “100% renewable electricity consumption in our operations. We will do that in Brazil within only 4 years, by 2025, and globally, by 2030.”

• Interim Target Baseline Year: 2017