<SEC-DOCUMENT>0001292814-25-001409.txt : 20250410
<SEC-HEADER>0001292814-25-001409.hdr.sgml : 20250410
<ACCEPTANCE-DATETIME>20250409194325
ACCESSION NUMBER:		0001292814-25-001409
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20250630
FILED AS OF DATE:		20250410
DATE AS OF CHANGE:		20250409

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Vale S.A.
		CENTRAL INDEX KEY:			0000917851
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15030
		FILM NUMBER:		25826222

	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>vale20250409_6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="border-top: Black 2pt solid; font-size: 1pt; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 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">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>

<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; margin: 0pt 0; text-align: center">April 2025</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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 31.7pt">&nbsp;</P>

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

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

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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



<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0pt"></P>

<P STYLE="text-align: right; margin-top: 0pt; margin-bottom: 0pt">&nbsp;<B>&nbsp;</B>&nbsp;<IMG SRC="vale202504096k_001.jpg" ALT=""></P>

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

<P STYLE="font: 16pt Vale Sans,sans-serif; margin: 0; color: teal"><B><U>Communication of transaction with related party</U></B></P>

<P STYLE="font: 16pt Vale Sans,sans-serif; margin: 0; color: teal"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify">Rio de Janeiro, April 9, 2025 &ndash; Vale S.A. (&quot;Vale&quot;
or &quot;Company&quot;), in accordance with Article 33, item XXXII, of CVM Resolution No. 80, dated March 29, 2022, hereby announces the
following transaction with a related party:</P>

<P STYLE="font: 16pt Arial,sans-serif; margin: 0; text-align: justify; color: teal"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 25%; border: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>Related party&rsquo;s name</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD>
    <TD STYLE="width: 75%; border-top: Black 1pt solid; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">Vale Japan Limited (&ldquo;VJL&rdquo;) and Mitsui &amp; Co., Ltd. (&ldquo;Mitsui&rdquo;)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Relationship
    with the issuer</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">Mitsui is a shareholder of Vale S.A., and Vale S.A. is a shareholder of VJL through Vale Canada Limited</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Transaction
    date</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">03/31/2025</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>Object of the contract</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0">Sale of nickel briquette &ldquo;tonimet&rdquo; from VJL to Mitsui.</P></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Duration
    of the object of the contract</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">03/31/2025 to 03/31/2026</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>Issuer&rsquo;s contractual position</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">Creditor</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Amount
    involved in the transaction</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">The total estimated value is US$346 million (R$1,988 million).</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>Existing outstanding balance</B></P>
    <P STYLE="font: 10pt Vale Sans Black,sans-serif; margin: 0; text-align: center"><B>&nbsp;</B></P></TD>
    <TD STYLE="vertical-align: top; border-right: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0">&nbsp;</P>
    <P STYLE="font: 10pt Vale Sans,sans-serif; margin: 0">US$2 million</P></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Main
    terms and conditions</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">The main rights and obligations are the same as those of an unrelated party and conventional for sales contracts. The seller's obligation to sell and the buyer's obligation to purchase. If no material is delivered, no obligations will arise between the parties. The competitive process followed the same procedures as with an unrelated party. Mitsui acts as the intermediary in the transaction as nickel briquette &ldquo;tonimet&rdquo; is resold to certain end-users, which VJL negotiates contractual terms directly.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Justification
    of the reasons why the issuer&rsquo;s management considers that the transaction has met commuting conditions or provides for adequate
    compensatory payment</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">The sale price is based on the London Metal Exchange (LME), with a premium negotiated under market conditions on the same basis as other players.</FONT></TD></TR>
  <TR>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; border-left: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Vale Sans Black,sans-serif; font-size: 10pt"><B>Eventual
    participation of the counterparty, its partners, or administrators in the issuer's decision-making process regarding the transaction
    or negotiation of the transaction as representatives of the issuer, describing these interests.</B></FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1pt solid; font: 12pt Times New Roman,serif; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Vale Sans,sans-serif; font-size: 10pt">As part of the decision-making process, the transaction was carried out in strict compliance with the Company&rsquo;s Policy on Related Party Transactions and Conflict of Interest (&ldquo;Policy&rdquo;). The matter was deliberated by the Board of Directors and, as established in the Policy, among other actions, the restrained member of the Board of Directors did not receive any documentation pertinent to the matter nor did he participate in the discussions of this matter in Vale&rsquo;s governance bodies, and the abstention and absence of the Director at the time of discussion and deliberation of this matter was recorded in the minutes.</FONT></TD></TR>
  </TABLE>

<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"></P>

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



<P STYLE="margin: 0pt"></P>

<P STYLE="margin: 0pt"></P>

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

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<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>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font-size: 10pt; border-collapse: collapse; width: 100%">
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <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/ Thiago Lofiego</TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: bottom">
    <TD STYLE="font-size: 10pt">Date: April 9, 2025</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-left: 0in"> Director of Investor Relations</TD></TR>
  </TABLE>



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



<P STYLE="margin: 0pt"></P>



<P STYLE="margin: 0pt"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>vale202504096k_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 vale202504096k_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !( )P# 2(  A$! Q$!_\0
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M2U%457$*R70Z:^80J1M1=_,D  &!VI124M?8'EA1113 **** "BBB@ HHHH
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MB^^W:9!:6[9>\8!<>E!9MZ;J<&JVWVBV#^5G +#&:AOM>L=/O8K2XD(EDQC
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MB'3O[3T:> #,@&]#_M"N3\,QW&J:Q"UV#MT^/:%([]LUWYIBPQHS,B*I;[Q
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:1110 4444 %%%% !1110 4444 %%%% '_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
