<SEC-DOCUMENT>0001104659-21-118439.txt : 20210923
<SEC-HEADER>0001104659-21-118439.hdr.sgml : 20210923
<ACCEPTANCE-DATETIME>20210922201242
ACCESSION NUMBER:		0001104659-21-118439
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210728
FILED AS OF DATE:		20210923
DATE AS OF CHANGE:		20210922

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vale S.A.
		CENTRAL INDEX KEY:			0000917851
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15030
		FILM NUMBER:		211270694

	BUSINESS ADDRESS:	
		STREET 1:		PRAIA DE BOTAFOGO, 186
		CITY:			RIO DE JANEIRO
		STATE:			D5
		ZIP:			22250-145
		BUSINESS PHONE:		55 21 3485-3900

	MAIL ADDRESS:	
		STREET 1:		PRAIA DE BOTAFOGO, 186
		CITY:			RIO DE JANEIRO
		STATE:			D5
		ZIP:			22250-145

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Companhia Vale do Rio Doce
		DATE OF NAME CHANGE:	20051108

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VALLEY OF THE RIO DOCE CO
		DATE OF NAME CHANGE:	20020129

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VALLEY OF THE DOCE RIVER CO
		DATE OF NAME CHANGE:	19950602
</SEC-HEADER>
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<FILENAME>tm2127219d11_6k.htm
<DESCRIPTION>FORM 6-K
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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">United States</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities and Exchange Commission</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Washington</FONT>,
D.C. 20549</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Report of Foreign Private Issuer</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Pursuant to Rule&nbsp;13a-16 or 15d-16</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">of the</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Securities Exchange Act of 1934</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">July&nbsp;2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Vale S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Praia de Botafogo n&ordm; 186, 18&ordm; andar,
Botafogo<BR>
22250-145 Rio de Janeiro, RJ, Brazil</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(Address of principal executive office)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Indicate by check mark whether the registrant files or will file
annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 2in">(Check One) Form&nbsp;20-F <FONT STYLE="font-family: Wingdings">&#120;</FONT>&#8239;Form&nbsp;40-F
<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Indicate by check mark if the registrant is submitting the Form&nbsp;6-K
in paper as permitted by Regulation&nbsp;S-T Rule&nbsp;101(b)(1))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in">(Check One) Yes <FONT STYLE="font-family: Wingdings">&#168;</FONT>&#8239;No
<FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Indicate by check mark if the registrant is submitting the Form&nbsp;6-K
in paper as permitted by Regulation&nbsp;S-T Rule&nbsp;101(b)(7))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-indent: 0.5in">(Check One) Yes <FONT STYLE="font-family: Wingdings">&#168;</FONT>&#8239;No
<FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(Indicate by check mark whether the registrant by furnishing the information
contained in this Form&nbsp;is also thereby furnishing information to the Commission pursuant to Rule&nbsp;12g3-2(b)&nbsp;under the Securities
Exchange Act of 1934.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 2in">(Check One) Yes <FONT STYLE="font-family: Wingdings"><FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT>&#8239;No
<FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(If &ldquo;Yes&rdquo; is marked, indicate below the file number assigned
to the registrant in connection with Rule&nbsp;12g3-2(b). 82-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: right; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><IMG SRC="tm2127219d11_6k.jpg" ALT="" STYLE="height: 58px; width: 151px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>MINUTES OF ORDINARY MEETING
OF THE ADMINISTRATION BOARD</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt"><B>1.</B><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><B><U>DATE,
PLACE AND TIME</U></B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt; text-align: justify">The Administration Board (&ldquo;AB&rdquo;)
held a meeting on July 28, 2021, at 9 am by videoconference, in the terms of the Corporate Bylaws of Vale S.A. (&ldquo;Vale&rdquo; or
 &ldquo;Company&rdquo;).</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt"><B>2.</B><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><B><U>PRESENCE
LIST</U></B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt; text-align: justify">All members of AB were present, Jos&eacute;
Luciano Duarte Penido (&ldquo;JP&rdquo;) &ndash; President (&ldquo;PCA&rdquo;), Fernando Jorge Buso Gomes &ndash; Vice-President (&ldquo;FB&rdquo;),
Eduardo de Oliveira Rodrigues Filho (&ldquo;ER&rdquo;), Jos&eacute; Maur&iacute;cio Pereira Coelho (&ldquo;JM&rdquo;), Ken Yasuhara (&ldquo;KY&rdquo;),
Lucio Azevedo (&ldquo;LA&rdquo;), Marcelo Gasparino da Silva (&ldquo;MG&rdquo;), Mauro Rodrigues da Cunha (&ldquo;MRC&rdquo;), Murilo
Cesar Lemos dos Santos Passos (&ldquo;MP&rdquo;), Rachel de Oliveira Maia (&ldquo;RM&rdquo;), Roberto da Cunha Castello Branco (&ldquo;RCB&rdquo;)
and Roger Allan Downey (&ldquo;RD&rdquo;). Secretary was Paula Regina Novello Cury. In addition, the guests mentioned in annex I took
part in the meeting.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt"><B>3.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;<U>EXCLUSIVE
SESSION</U></B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>3.1.&#8239;&#8239;&#8239;&#8239;OPENING
OF THE MEETING &ndash;</B> PCA commented on the meeting agenda and then informed that, (i) AB meeting is scheduled on 08/20/2021 for
the presentation of Vale's Cultural Transformation; (ii) a technical visit by AB to the operations of Tubar&atilde;o (ES) is scheduled
for the period September 20 to 24, 2021; and (iii) the elected board member Ollie Oliveira will take office on 08/01/2021.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-style: normal; font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt; text-align: justify"><B>3.2&#8239;&#8239;&#8239;&#8239;&#8239;<I>SAFETY
SHARE</I>: FATALITY IN MOATIZE &ndash;</B> Information about the fatality of a collaborator in Moatize was presented, including the investigation
made by the Independent Investigation Committee, and the main measures taken and lessons learned.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.3.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE AUDIT COMMITTEE (&ldquo;CoAud&rdquo;) &ndash;</B> Mr. MRC, as Coordinator, detailed the main discussions, recommendations and
requests of CoAud, according to the report included in the Boardvantage portal, highlighting: a) an overview presentation about risk
management (Risk Day); b) discussion of Vale's performance and financial statements 2Q21; c) presentation about Structuring Projects
for contract management and maintenance; d) presentation of PwC (review report of quarterly audit works, report on the provided services
and the use of technological tools in the audit); d) the Quarterly report of Transactions with Related Parties; f) the Quarterly Compliance
Report (issued audit reports, evolution of the ethics and compliance program and main indicators of the Whistleblower Channel); and g)
Systemic action plan for safety and maintenance subjects.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Continuation of the Minutes of Ordinary Meeting of Vale's Administration
Board held on 07/28/2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.4.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE OPERATIONAL EXCELLENCE AND RISK COMMITTEE </B>(&ldquo;CEOR&rdquo;) &ndash; Mr. RD, as Coordinator, detailed the main discussions,
recommendations and requests of CEOR,
highlighting: a) the presentation on the accident in Moatize; b) the monitoring of Vale&acute;s Integrated Risk Map and Operational Risk
Matrices and Vale's Geotechnicians; c) ITRB - Independent Tailings Review Board (structures and governance standard and decharacterization
projects); d) the situation of the occupations in SRZ of the Salobo dam, considering that Vale's general overview in relation to this
issue has been requested.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.5.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE FINANCIAL COMMITTEE (&ldquo;CFin&rdquo;) &ndash; </B>Mr. JM, as Coordinator, detailed the main discussions, recommendations and
requests of CFin, highlighting: a) the tax session (overview on G7 Global Tax and potential impacts of the Brazilian tax reform proposal),
together with the Audit Committee; b) M&amp;A opportunities; c) Quarterly Result; d) budget performance and cash flow. </P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.6.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE INNOVATION COMMITTEE (&ldquo;CI&rdquo;) &ndash; </B>Mr. RCB, as coordinator, detailed the main discussions and recommendations
of CI, highlighting: a) scope of action and role of the committee; b) innovation in the mineral exploration; c) overview of innovations
and digital transformation in the company; d) recommendation on institution of innovation share in the meetings of AB and the Committees
in the terms of safety share to symbolize the priority nature of the innovation across all Vale's activities and at the same time, encourage
the employees involved in innovation; e) adoption of consolidated budget for investments in digital transformation and innovation; f)
adoption of value targets and quantification of the impact of innovation </P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.7.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE PEOPLE, REMUNERATION AND GOVERNANCE COMMITTEE (&ldquo;CPRG&rdquo;) &ndash; </B>Mr. MRC, as Coordinator, detailed the main discussions,
recommendations and requests of CPRG, highlighting: a) the work related to the review of the Company's governance documents and Policies;
b) the governance of JV's; c) the follow-up of the 2021 target and variable remuneration panel, and; d) follow-up of the succession plan
of the members of CE. On that occasion, AB got acquainted with and agreed to the terms of contracting of Diligent as provider of Vale's
Governance Portal.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.8.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE SUSTAINABILITY COMMITTEE (&ldquo;CS&rdquo;) &ndash; </B>Mr. MG, as Coordinator, detailed the main discussions, recommendations
and requests of CS, highlighting: a) the follow-up of the repair plan, Funda&ccedil;&atilde;o Renova and integrated risk map (sustainability);
b) the presentations about Human Rights, relationships with indigenous peoples and traditional communities; c) the brainstorm session
on ESG issues. </P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.9.&#8239;&#8239;&#8239;&#8239;PCA
REPORT &ndash; </B>PCA reported activities on engagement with shareholders.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>3.10.&#8239;OTHER INFORMATIVE
SUBJECTS - </B>AB got acquainted with: (i) the status of contract in force under direct responsibility of AB and/or the General Corporate
Governance Secretariat (SGGC); (ii) the deliberations of CE in the period from 05/25/2021 to 07/12/2021 involving matters delegated by
the Board; and (iii) 2021 Governance Information Sheet and the evolutions compared to the previous year, to be filed at the Securities
Commission (CVM) on 07/30/2021. </P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt">Continuation of the Minutes of Ordinary
Meeting of Vale's Administration Board held on 07/28/2021</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt"><B>4.</B><FONT STYLE="font-size: 10pt">&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;</FONT><B><U>INFORMATIVE
AGENDA:</U></B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.1.&#8239;&#8239;&#8239;&#8239;REPORT
OF THE CHIEF EXECUTIVE OFFICER &ndash; </B>The main events and highlights in the Company's business since his last report to AB were
reported, according to the presented material, pointing out: (i) the signs of softening of the 2<SUP>nd</SUP> wave of Covid and its impacts
on the operations; (ii) the actions aimed at the Company's Cultural Transformation; (iii) the initiatives for the Low Carbon Agenda;
(iv) the update of the subjects related to repair actions in Brumadinho, as well as those carried out by the Funda&ccedil;&atilde;o Renova;
(v) the follow-up of the discussions on the possible Tax Reform; (vi) the issuance of the Statement of Stability Condition of Maravilhas
3 and the progress of the works on dam de-characterization; (vii) implementation of OBZ in Thompson and start of the process in Sudbury;
and (viii) the status of the strike in the operations in Sudbury in Canada.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.2.&#8239;&#8239;&#8239;&#8239;<I>FOLLOW
UP</I> OF THE DEMANDS &ndash; </B>The status of the demands of AB for the period from January to 06/25/2021 was presented.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.3.&#8239;&#8239;&#8239;&#8239;UPDATE
ON THE COVID-19 PANDEMIC &ndash; </B>The evolution of the main indicators related to the Covid-19 pandemic and its reflection on the
Company's operations was presented. In view of the progress achieved by means of the vaccination campaign, the possibility of gradual
resumption of the in-person work in the coming months, according to a plan to be detailed and guided by the specialist teams, is anticipated.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.4.&#8239;&#8239;&#8239;&#8239;FOLLOW-UP
OF THE BUSINESS AND PERFORMANCE - IRON ORE, BASE METALS AND COAL &ndash; </B>For the monitoring of the business, the main operational
and financial indicators of the Company and those of the iron ore, base metals and coal businesses were presented, as well as update
on repair, health and safety, institutional relations and sustainability.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.5.&#8239;&#8239;&#8239;&#8239;VALE
QUARTERLY RESULT (2Q21) &ndash; </B>A presentation of the results for the 2<SUP>nd</SUP> quarter 2021 was made, with the presence of
the representatives of PricewaterhouseCoopers Auditores Independentes (&ldquo;PwC&rdquo;). The board members registered the strong performance
of Vale&acute;s team in the Institutional Investor rankings and congratulated the team. </P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.6.&#8239;&#8239;&#8239;&#8239;INTERACTION
WITH THE EXTERNAL AUDIT - MANIFESTATION RESULT 2<FONT STYLE="font-size: 10pt"><SUP>ND </SUP></FONT>QUARTER &ndash;</B> The PwC representatives
informed the main audit works in the period and reinforced their ability to issue their opinion. Then, AB got acquainted with the main
issues handled on the subject by CoAud and the Supervisory Board, who did not present any remark.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>4.7.&#8239;&#8239;&#8239;&#8239;MARKET
UPDATE &ndash; </B>A market update was made in the second quarter, highlighting the performance of the international stock exchanges,
the evolution of Vale's shares in relation to its peers, the evolution of the shareholding base and the main activities of the Investor
Relations area.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">Continuation of the Minutes of Ordinary Meeting
of Vale's Administration Board held on 07/28/2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 0.1pt"><B>5.&#8239;&#8239;&#8239;&#8239;&#8239;&#8239;
<U>DELIBERATIVE AGENDA</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0 0pt 0.1pt">After examination and debate, the following
decisions were made:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.1.&#8239;&#8239;&#8239;&#8239;REVIEW
OF THE PENALTY RISK CRITERION RISK MANAGEMENT AND CONTROL &ndash; ANNUAL INCENTIVE PLAN (&ldquo;AIP&rdquo;) 021&ndash; </B>Upon the favorable
opinions of CoAud and CPRG, AB unanimously approved the amendment of the Penalty criterion focusing on the risk management and control
for AIP 2021 (to be paid in 2022), in the terms of the presented proposal. <B>Reference:</B> Proposal for Direct Deliberation to AB (&ldquo;PDDCA&rdquo;)
- &ldquo;Review of the Penalty regarding the risk management criterion for AIP 2021 to be paid in 2022&rdquo;.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.2.&#8239;&#8239;&#8239;&#8239;REVISION
N&ordm; 20 OF THE AUTHORITY DELEGATION POLICY &ndash; </B>Upon the favorable opinions of CPRG and CS, AB unanimously approved the 20th
Revision of the Authority Delegation Policy, according to the presented draft. <B>Reference:</B> DDE 114/2021.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.3.&#8239;&#8239;&#8239;&#8239;REVISION
OF THE INDEMNITY POLICY &ndash; </B>AB approved the 1st Revision of the Indemnity Policy, according to the presented draft, which incorporates
the recommendations of CPRG, by majority, recording the contrary vote of the Board Member MRC. The referred revision now includes delegation
to CE to sign indemnity agreements, according to the contract model, for the employees of Vale and its wholly owned subsidiaries (100%
Vale) who work in activities related to the management of geotechnical structures. The board member MRC justified his dissenting vote
by considering that, notwithstanding the relevance of the adequate protection for the geotechnics professionals, in his opinion, the
subject would demand additional assessment of the impact of the cost and the risks of the offered protection. AB unanimously and upon
recommendation of CPRG did not approve the proposal for delegation to CE to deliberate on unlimited indemnity commitments with non-employees.
Any approval of unlimited indemnity to non-employees shall remain under AB decision-making competence, always of exceptional character.
<B>Reference:</B> DDE 137/2021.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.4.&#8239;&#8239;&#8239;&#8239;APPROVAL
OF THE WORK PLANS &ndash; </B>AB unanimously approved the Work Plans of AB and the Advisory Committees for the period from August 2021
to April 2022. <B>Reference:</B> PDDCA - &ldquo;Work Plan of the Administration Board from August 2021 to April 2022&rdquo; and PDDCA
 &ldquo;Work Plans of the Advisory Committees&rdquo;.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.5.&#8239;&#8239;&#8239;&#8239;APPROVAL
OF THE INTERNAL REGULATIONS &ndash; </B>Upon the favorable opinion of CPRG, AB unanimously approved the revision of the Internal Regulations
of AB and the Internal Regulations of CoAud, CEOR, CFin, CI, CPRG and CS. <B>References:</B> PDDCA &ldquo;Internal Regulations of the
Administration Board&rdquo; and PDDCA &ldquo;Internal Regulations of AB Advisory Committees&rdquo;.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.6.&#8239;&#8239;&#8239;&#8239;CORPORATE
GOVERNANCE SECRETARIAT &ndash; </B>Upon the favorable opinion of CPRG, AB unanimously approved the revision of the position and the organizational
structure of the Corporate Governance Secretariat, which is now called General Corporate Governance Secretariat (SGGC). </P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.7.&#8239;&#8239;&#8239;&#8239;INDICATION
FOR EXECUTIVE OFFICE OF VALE OVERSEAS LIMITED &ndash; </B>Upon the favorable opinion of CPRG, AB unanimously approved, (i) the indication
of Mr. Alastair Loxton as Executive Officer of Vale Overseas Limited (&ldquo;VOL&rdquo;), Vale/VOL will exceptionally undertake unlimited
indemnity obligation; (ii) the inclusion of his name in Vale's List of Non-Employees, object of DCA 005/2020; (iii) the practice of all
acts necessary for the execution of the deliberations above; and (iv) delegation to the Executive Committee to sign unlimited indemnity
contract with the executive. <B>Reference:</B> DDE 136/2021.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt">Continuation of the Minutes of Ordinary Meeting of Vale's
Administration Board held on 07/28/2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>5.8.&#8239;&#8239;&#8239;&#8239;REVIEWED
BUDGET 2021 &ndash; FUNDA&Ccedil;&Atilde;O RENOVA &ndash; </B>Upon the favorable opinions of CS and CFin, AB unanimously approved the
voting guidance for the people indicated by Vale in the Board of Trustees of Funda&ccedil;&atilde;o Renova, in order to approve the reviewed
budget for 2021, with pluriannual cost estimate at the limit amount of R$30,101,000,000.00, the additional contribution in 2021 related
to the revision of the 2021 budget and budget supplementation, according to the presented proposal, as well as the practice of all acts
necessary for the execution of this deliberation. <B>Reference:</B> DDE 127/2021.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>5.9.&#8239;&#8239;&#8239;&#8239;BASIC
PROJECT DONATION RAILROAD EF-118 &ndash; GOVERNMENT OF ESP&Iacute;RITO SANTO &ndash; </B>Upon the favorable opinion of CS, AB unanimously
approved the donation of a Basic Project for a section of railroad EF-118 between the municipalities of Anchieta and Presidente Kennedy
to the Government of the State of Esp&iacute;rito Santo, at total amount up to R$34,300,000.00 and the budget supplement for 2022, according
to the presented proposal, as well as the practice of all necessary and/or complementary acts for the enforcement of this deliberation.
<B>Reference:</B> DDE 131/2021.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>5.10.&#8239;&#8239;FUND
TRANSFER - </B>Upon the favorable opinion of CS, AB unanimously (i) ratified the allocation of financial resources (R$20 million) to
accelerate the construction of housing complex Pequi&aacute; da Conquista, with R$7 million for immediate transfer to the Community Association
of the Residents of Pequi&aacute; and R$13 million to Caixa Econ&ocirc;mica Federal; and (ii) approved the delegation of powers to the
Vice Chief Executive Officer for Sustainability and the practice of all acts necessary to formalize the donation; everything according
to the presented proposal. <B>Reference:</B> DDE 135/2021.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><B>5.11.&#8239;&#8239;REVISION
OF THE INTERNAL REGULATION OF THE CONDUCT AND INTEGRITY COMMITTEE (EXTRA-AGENDA) &ndash; </B>Upon the favorable opinions of CPRG and
CoAud, AB unanimously approved the revision of the Internal Regulations of the Conduct and Integrity Committee. <B>Reference:</B> Proposal
for Direct Deliberation to AB.</P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>5.12.&#8239;CONFIDENTIAL
SUBJECT </B></P>



<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt"><B>6. CLOSING: </B><I>(without the
presence of SGGC)</I></P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt; text-align: justify">The Board members praised the synthetic
report model of the Committees and agreed to standardize the document format for better visualization and highlight the recommendations
from the Committees for deliberation by AB, highlighting those to be addressed to CE.</P>

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.1pt; text-align: justify">Once the agenda of the meeting was
fulfilled and there was nothing further to discuss, PCA thanked everyone for the participation and closed the meeting, drawing these
minutes up. The documents and the presentations that supported the subject matters discussed at this meeting were filed on the Governance
Portal, except for the material related to item 5.6 filed at the Company's HR.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Continuation of the Minutes of Ordinary Meeting of Vale's Administration
Board held on 07/28/2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 49%; padding-right: 0.5pt; text-align: center"></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 49%; padding-left: 0.5pt; text-align: center"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jos&eacute; Luciano
    Duarte Penido</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Fernando Jorge Buso
    Gomes</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">President</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Vice-President</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 1.5pt; text-align: center"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 0.5pt; text-align: center"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Eduardo de Oliveira
    Rodrigues Filho</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Jos&eacute; Maur&iacute;cio
    Pereira Coelho</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.5pt; text-align: center"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Ken Yasuhara</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Lucio Azevedo</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.5pt; text-align: center"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 1.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Marcelo Gasparino da
    Silva</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Mauro Rodrigues da Cunha</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 0.5pt; text-align: center"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 0.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 1.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Murilo Cesar Lemos
    dos Santos Passos</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Rachel de Oliveira Maia</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 1.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD></TR>

<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 46%; padding-right: 1.5pt; text-align: center"></TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 45%; padding-left: 1.5pt; text-align: center"></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 2.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2.5pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 2.5pt; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Roberto da Cunha Castello
    Branco</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 2.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Roger Allan Downey</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-left: 2.5pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Board Member</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Paula Regina Novello Cury</P>

<P STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">Secretary of the Meeting</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Signatures</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%; text-align: left">&nbsp;</TD><TD STYLE="text-align: center; width: 50%">Vale S.A.</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center">(Registrant)</TD></TR>
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<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 50%"></TD><TD STYLE="width: 3%; text-align: left">By:</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: justify; width: 47%">/s/ Ivan Fadel</TD>
</TR><TR STYLE="vertical-align: top; text-align: justify">
<TD><FONT STYLE="font: 10pt Times New Roman, Times, Serif">Date: July&nbsp;28, 2021</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: justify">Head of Investor Relations</TD></TR>
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