Vale Board Recommends Rejecting Chairman's Dismissal at EGM

Vale S.A.'s Board of Directors approved calling an Extraordinary Shareholders' Meeting (EGM) for July 22, 2026, following a request from shareholder Previ, which holds a 7.01% stake. The EGM will address the potential dismissal of Chairman Daniel Stieler, the election of a new Board member, and a new Chairman. The Board, by a majority vote, recommended that shareholders reject the dismissal of Daniel Stieler. Additionally, the Board indicated Ms. Ieda Gomes Yell as a candidate for a new Board member and forwarded two names, Marcelo Gasparino da Silva and Manuel Lino Silva de Sousa Oliveira, for the Chairman position, should the current Chairman be dismissed.