Rio de Janeiro, Brazil, February 12, 2026 – Vale SA delivered a robust performance in 2025, meeting or surpassing all guidance targets while advancing strategic initiatives to strengthen its long-term vision. The company reinforced its commitment to safety, significantly reducing high-risk incidents and achieving a major milestone by eliminating all dams under Level 3 emergency status. Operationally, iron ore and copper production reached their highest levels since 2018, while nickel output achieved double-digit growth. This strong operational performance was supported by improved asset reliability and the successful ramp-up of key growth projects, including Capnema, Vargem Grande, the Voisey's Bay Mine Expansion (VBME), and Onça Puma. Concurrently, Vale SA continued to enhance its cost competitiveness, achieving structural efficiency gains that improved its position on the global industry cost curve. Prudent capital allocation, combined with strong execution and a more favorable cycle, enabled the company to deliver outstanding returns to shareholders. Looking ahead to 2026, the focus remains on achieving operational excellence, driving sustainable growth through initiatives like the New Carajás program, and creating superior long-term value for all stakeholders, stated CEO Gustavo Pimenta.

Performance Highlights: • All business segments delivered strong operational and cost performance, with all 2025 guidance targets achieved. • Sales performance was strong in both the fourth quarter and full year 2025. Iron ore, copper, and nickel sales volumes increased by 5% (4 million metric tons), 8% (8,000 metric tons), and 5% (3,000 metric tons) year-over-year in Q4 2025, respectively. For the full year 2025, sales volumes grew by 3% (8 million metric tons), 12% (41,000 metric tons), and 11% (18,000 metric tons) year-over-year, respectively. • The average realized price for iron ore fines was $95.4 per metric ton, up 1% quarter-over-quarter and 3% year-over-year. The realized price for copper was $11,003 per metric ton, up 12% quarter-over-quarter and 20% year-over-year. The realized price for nickel was $15,015 per metric ton, down 3% quarter-over-quarter and 7% year-over-year. • For full-year 2025, the C1 cash cost for iron ore was $21.3 per metric ton, down 2% year-over-year, marking the second consecutive year of cost reduction. In Q4 2025, the C1 cash cost was also $21.3 per metric ton, up 13% year-over-year, in line with guidance. The total iron ore cost for 2025 was $54.2 per metric ton, down 3% year-over-year. In Q4 2025, the total iron ore cost was $54.3 per metric ton, up 10% year-over-year. • In Q4 2025, the total cost for copper was negative $881 per metric ton; the total cost for nickel was $9,001 per metric ton, down 35% year-over-year. This was primarily driven by strong by-product revenues and improved operational performance in both segments. For full-year 2025, the total cost for copper was $603 per metric ton, and for nickel was $12,158 per metric ton, representing the second consecutive year of total cost reduction. • Adjusted EBITDA was $4.8 billion, increasing 17% year-over-year and 10% quarter-over-quarter, reflecting a greater contribution from Vale SA's base metals business. • Capital expenditures in Q4 2025 were $2.0 billion, consistent with the full-year guidance of $5.5 billion. • Recurring free cash flow was $1.7 billion, an increase of $900 million year-over-year, benefiting from higher adjusted EBITDA and lower net financial expenses. • Total net debt at the end of the quarter was $15.6 billion, a reduction of $1.0 billion from the previous quarter, supported by stronger free cash flow and an adjustment to provisions related to Samarco. • In accordance with the company's dividend policy, dividends and interest on capital totaling $1.8 billion will be paid in March; an additional special return of $1.0 billion was paid in January.