<SEC-DOCUMENT>0001292814-23-002672.txt : 20230614
<SEC-HEADER>0001292814-23-002672.hdr.sgml : 20230614
<ACCEPTANCE-DATETIME>20230613201945
ACCESSION NUMBER:		0001292814-23-002672
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20230630
FILED AS OF DATE:		20230614
DATE AS OF CHANGE:		20230613

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:		231012719

	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>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>vale20230613_6k1.htm
<DESCRIPTION>6-K
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<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">Washington, D.C. 20549</P>

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

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

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

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

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">June 2023</P>

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

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

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

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

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

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

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<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;<B><IMG SRC="vale202306136k1_001.jpg" ALT="">&nbsp;</B>&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: bold 16pt Caecilia Light; margin: 0; text-align: justify; color: #007e7a"><B>Vale announces expiration and result of cash
tender offer for notes due 2026</B></P>

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

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Rio de </FONT>Janeiro &#8211; June
13, 2023 &#8211; Vale S.A. (&#8220;Vale&#8221;) announces the expiration of the previously announced offer to purchase (the &#8220;Offer&#8221;)
with respect to any and all outstanding 6.250% Guaranteed Notes due 2026 (the &#8220;2026 Notes&#8221;) issued by its wholly owned subsidiary,
Vale Overseas Limited (&#8220;Vale Overseas&#8221; or the &#8220;Offeror&#8221;).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Vale also announces the </FONT>expiration
date result of the Offer as of the Any and All Expiration Date (as defined below) as set forth in the table below, including the aggregate
principal amount of 2026 Notes validly tendered and accepted in such Offer, and the aggregate principal amount of 2026 Notes reflected
in notices of guaranteed delivery delivered at or prior to the Any and All Expiration Date:</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 8%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Issuer</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Title of Security</B></P></TD>
    <TD STYLE="width: 14%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>CUSIP / ISIN Nos.</B></P></TD>
    <TD STYLE="width: 11%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal Amount Outstanding</B></P></TD>
    <TD STYLE="width: 12%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Consideration<SUP>(1)</SUP></B></P></TD>
    <TD STYLE="width: 12%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal Amount Tendered<SUP>(2)</SUP></B></P></TD>
    <TD STYLE="width: 12%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal Amount Accepted<SUP>(2)</SUP></B></P></TD>
    <TD STYLE="width: 19%; padding-right: 2.9pt; padding-left: 2.9pt">
    <P STYLE="font: 7.5pt Arial,sans-serif; margin: 0 0 1pt; text-align: center; border-bottom: Black 0.5pt solid"><B>Principal Amount Reflected
    in Notices of Guaranteed Delivery</B></P></TD></TR>
  <TR>
    <TD STYLE="font: 10pt Times New Roman,serif; padding: 1pt 1.1pt 1pt 2.9pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">Vale Overseas</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">6.250% Guaranteed Notes due 2026</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-right: -2.7pt; padding-left: 2.9pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">CUSIP: 91911TAP8<BR>
ISIN: US91911TAP84</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 1pt; padding-right: -3.25pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">US$745,441,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">US$1,041.55</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">US$274,819,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">US$274,819,000</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman,serif; padding-top: 1pt; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-family: Arial,sans-serif; font-size: 7.5pt">US$11,129,000</FONT></TD></TR>
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<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7.5pt Arial,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>Per $1,000 principal amount. All holders of 2026 Notes accepted for purchase will also receive accrued and unpaid interest on 2026
Notes validly tendered and accepted for purchase from and including the applicable last interest payment date up to, but not including,
the Any and All Settlement Date (as defined below).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 7.5pt Arial,sans-serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>The amounts do not include the principal amount of 2026 Notes with respect to which holders have delivered notices of guaranteed delivery.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The Offer was made upon the terms
</FONT>and subject to the conditions set forth in the offer to purchase dated June 7, 2023 (the &#8220;Offer to Purchase&#8221;) relating
to the 2026 Notes and the accompanying notice of guaranteed delivery. The Offer expired at 5:00 p.m., New York City time, today (the &#8220;Any
and All Expiration Date&#8221;). The settlement date with respect to the Offer is expected to occur on June 16, 2023 (the &#8220;Any and
All Settlement Date&#8221;).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">In order to be eligible to participate in the Offer, holders of
2026 Notes who delivered notices of guaranteed delivery prior to the Any and All Expiration Date must deliver such 2026 Notes no later
than 5:00 p.m., New York City time, on June 15, 2023 (the &#8220;Guaranteed Delivery Date&#8221;), pursuant to the Guaranteed Delivery
Procedures (as defined in the Offer to Purchase).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">The Offeror&#8217;s obligation to accept 2026 Notes tendered in
the Offer is subject to the terms and conditions of the Offer to Purchase. On the terms and subject to the conditions set forth in the
Offer to Purchase, the Offeror has accepted for purchase all of the 2026 Notes validly tendered and expects to accept all of the 2026
Notes validly delivered on or prior to the Guaranteed Delivery Date pursuant to the Guaranteed Delivery Procedures.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">The aggregate principal amount of
2026 Notes that will be purchased by the Offeror on the Any and All Settlement Date is subject to change based on deliveries of 2026 Notes
pursuant to the Guaranteed Delivery Procedures. The aggregate principal amount of 2026 Notes accepted and expected to be accepted in the
Offer, </FONT>excluding any premium and accrued and unpaid interest, will be approximately US$285,948,000.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">All conditions described in the Offer to Purchase that were to
be satisfied or waived on or prior to the Any and All Expiration Date have been satisfied.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">Vale has retained BMO Capital Markets
Corp., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, and Scotia Capital (USA) Inc. to serve as dealer managers (&#8220;Dealer
Managers&#8221;) and D.F. King &amp; Co., Inc. to serve as tender and information agent for the Offer (&#8220;D.F. King&#8221;). The Offer
to Purchase and any related supplements are available at the D.F. King website at www.dfking.com/vale. The full details of the Offer,
including complete instructions on how to tender Notes (as defined in the Offer to Purchase), are included in the Offer to Purchase. Holders
of Notes are strongly </FONT>encouraged to carefully read the Offer to Purchase, including materials incorporated by reference therein,
because they will contain important information. Requests for the Offer to Purchase and any related supplements may also be directed to D.F. King by telephone
at +1&nbsp;(212)&nbsp;269-5550 or +1&nbsp;(800)&nbsp;591-8263 (US toll free) or in writing at vale@dfking.com. Questions about the Offer
may be directed to BMO Capital Markets Corp. by telephone at +1 (212) 702-1840 (collect) or +1&nbsp;(833)&nbsp;418-0762 (US toll free),
Citigroup Global Markets Inc. by telephone at +1 (212) 723-6106 (collect) or +1 (800) 558-3745 (US toll free), J.P. Morgan Securities
LLC by telephone at +1 (212) 834-4045 (collect) or +1 (866) 834-4666 (US toll free) and Scotia Capital (USA) Inc. by telephone at +1 (212)&nbsp;225-5559
(collect) or +1 (833)&nbsp;498-1660 (US toll free).</P>


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<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt">This news release is for informational
purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any securities. The Offer was made only by, and
pursuant to the terms of, the Offer to Purchase. The Offer was not made in any jurisdiction in which the making or acceptance thereof
would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction where the laws required
the Offer to be made by a licensed broker or dealer, the Offer was made by the Dealer Managers on behalf of the Offeror. None of the Offeror,
</FONT>D.F. King, the Dealer Managers or the trustee with respect to the Notes (as defined in the Offer to Purchase), nor any of their
affiliates, made any recommendation as to whether holders should have tendered or refrained from tendering all or any portion of their
Notes in response to the Offer. None of the Offeror, D.F. King, the Dealer Managers or the trustee with respect to the Notes, nor any
of their affiliates, have authorized any person to give any information or to make any representation in connection with the Offer other
than the information and representations contained in the Offer to Purchase.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">Gustavo Duarte Pimenta</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: center">Executive Vice President, Finance and Investor Relations</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right; color: gray"><B>&nbsp;</B></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right; color: gray"><B>&nbsp;</B></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right; color: gray"><B>For further information, please contact:</B></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right"><FONT STYLE="color: Blue"><U>Vale.RI@vale.com</U></FONT></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right"><FONT STYLE="color: gray">Ivan Fadel: </FONT><FONT STYLE="color: Blue"><U>ivan.fadel@vale.com</U></FONT></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right"><FONT STYLE="color: gray">Mariana Rocha: </FONT><FONT STYLE="color: Blue"><U>mariana.rocha@vale.com</U></FONT></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right"><FONT STYLE="color: gray">Luciana Oliveti: </FONT><FONT STYLE="color: Blue"><U>luciana.oliveti@vale.com</U></FONT></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right"><FONT STYLE="color: gray">Pedro Terra: </FONT><FONT STYLE="color: Blue"><U>pedro.terra@vale.com</U></FONT></P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right; color: gray">&nbsp;</P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 7pt Arial,sans-serif; margin: 0; text-align: justify; color: gray">This press release may include statements that present
Vale&#8217;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) economic, political and social issues in the countries in which we operate, (b) the global economy, (c)
commodity prices, (d) financial and capital markets, (e) the mining and metals businesses, which are cyclical in nature, and their dependence
upon global industrial production, which is also cyclical, (f) regulation and taxation, (g) operational incidents or accidents, and (h)
the high degree of global competition in the markets in which we operate. 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) and
the Brazilian <I>Comiss&atilde;o de Valores Mobili&aacute;rios</I> (CVM), and in particular the factors discussed under &#8220;Forward-Looking
Statements&#8221; and &#8220;Risk Factors&#8221; in Vale&#8217;s annual report on Form 20-F.</P>

<P STYLE="font: 8pt Arial,sans-serif; margin: 0; text-align: right; color: gray"><B>&nbsp;</B></P>



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

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

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    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif">Vale S.A.<BR>
    (Registrant) &nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt; width: 50%">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif; width: 47%">/s/ Ivan Fadel</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">Date: June 13, 2023</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 0in">Head of Investor Relations</TD></TR>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
