Vale and Sustainability in Urban Mining Operations Summary 1. Mission and company overview 2. Key social challenges in mining 3. Infrastructure, public management, and human and economic development Our Mission For our shareholders For our suppliers “To transform mineral resources into prosperity and sustainable development” For our customers For our employees For our communities and countries where we operate VALE AT A GLIMPSE – Pioneering mining company that works with passion, transforming mineral resources into essential components of people’s everyday lives. Activities in Mining, Logistics and Energy # 1 in total shareholder return Market cap grew 16 fold between 20012009 92,100 employees and permanent contractors Social Responsibility in every action Present in over 30 countries Vale’s operations around the world LOCAL SUSTAINABLE DEVELOPMENT Considering that Vale: - Has a strong relation with the soil; - Generates positive and negative social, environmental and economic impacts; - Remains for a long time in each region it operates. The territorial dimension of the sustainable development Strategic CREATING A POSITIVE LEGACY To Vale, sustainable development is achieved when our businesses provide value to our shareholders and establish a positive social, economic and environmental legacy in the territories where we operate. Minerals SUSTAINABLE DEVELOPMENT: THE BIG CHALLENGE Vale is present in territories stricken by social vulnerabilities: • Low public system efficiency in health, education and safety areas; • Infrastructure deficits; • Local manpower and supplier skill set substandard; • High rate of informal employment; • Demographic pressure to search for new employment opportunities. Mining brings opportunities to the territories: • Economic Investment; • Tax Revenues; • Employment, Wage effect, Salary Mass; • Local acquisitions. Transform Mineral Resources into Wealth and Sustainable Development VALE’S MISSION CONVERGENT VISION FOR SUSTAINABLE TERRITORIAL DEVELOPMENT COMMITMENT TO THE DEVELOPMENT OF TERRITORIES WHERE VALE IS PRESENT Go beyond venture impact management Enable social and economic development Construct strategic alliances between State, Society and Company for structuring initiatives QUALIFY PRIVATE SOCIAL INVESTMENT AND SEEK INTEREST CONVERGENCE Private Investment Contributes to Economic Growth Sustainable Private Investment Contributes to Socioeconomic Development CREATION OF A PUBLIC PRIVATE SOCIAL PARTNERSHIP - PPSP HOW WE OPERATE Impact Management Positive and Negative STRUCTURING ACTIONS Infrastructure and Housing SOCIOECONOMIC DIAGNOSTICS INTEGRATED MANAGEMENT PLANS Support to Public Management Human and Economic Development MONITORING AND EVALUATION SOCIAL DIALOGUE – INTERSECTORAL PARTNERSHIPS Public Sector + Civil Society + Private Sector INFRASTRUCTURE 2008 / 2009 Objective: to help the deficit reduction of urban and housing infrastructure in the cities where Vale operates by developing executive engineering projects to raise federal funds. Vale Foundation accumulated investment: USD 12.1 M in 72 projects in order to raise USD 437.5 M in Federal funds USD 124.2 M already transferred to 4 cities: PARAGOMINAS: USD 22.2 M for housing – Project cost (seed money): USD 444 K OURILÂNDIA DO NORTE: USD 13.11 M (USD 33.3M to obtain) for sewage Project cost (seed money): USD 194K PARAUAPEBAS: USD 66.6 M for sewage (Support and articulation for obtaining process) MARABÁ: USD 22.2 M for housing (Support and articulation for obtaining process) PUBLIC MANAGEMENT SUPPORT Objective: to help counties improve public management, give more transparency to tax revenues, focus resources from mining taxes to reduce deficits of infrastructure, housing and the improvement of public services; support land ownership legalization and urban order. AÇÃO SAÚDE – HEALTH CARE ACTION AÇÃO EDUCAÇÃO – ACTION IN EDUCATION Reducing child mortality 2 cities of Maranhão State Improving public education management 16 cities of Maranhão Investment: USD 237.2 K Investiment: USD 168.3 K PARTNERS: CANAL FUTURA AND FIOCRUZ PARTNER: CEDAC URBAN CLEANING PLAN HR MANAGEMENT AND STRATEGIC PLANNING PUBLIC SECURITY Bidding process development Garbage collection and disposal Development of collecting system and sanitary landfill in Marabá Payroll systematization and strategic planning of Abaetetuba - Pará • Security hotline in Parauapebas - Pará • Slums urbanization Parauapebas - Pará PUBLIC MANAGEMENT SUPPORT ESCOLA QUE VALE VALE SCHOOL Continuous education and training for teachers Investment: USD 2.751M Participants: 172.420 people (2000-2009) PARTNER: CEDAC VALE ALFABETIZAR VALE LITERACY Adults and young adults education Investment: USD 1.192 M Participants: 120.000 people (2003-2009) PARTNER: ALFASOL NOVAS ALIANÇAS NEW ALLIANCES Structuring Children and Adolescents' Councils Investment: USD 194 K Participants: 1.051 people (2007-2009) PARTNER: OFICINA DE IMAGENS HUMAN AND ECONOMIC DEVELOPMENT - KNOWLEDGE STATIONS The investments on human and economic development are made through the Knowledge Stations that promotes professional, sportive, cultural and economic activities. Strategic Alliances among Vale, the Local Government, Civil Society and the Private Sector. The Knowledge Stations offer opportunity to thousands of people: each centre will benefit around 1.500 children and youngsters and will help build a legacy of standardized and institutionalized knowledge for the community. KNOWLEDGE STATION – AXES OF ACTION Programs/Descentralized actions Educational Center Permanent Technical Support Programs/Actions centralized in the Knowledge Stations Sports Organizing Business Processes Cultural Activities Technology Reference Center Citizenship Processing and Commercialization Center Thank you! Vania Somavilla Director of Environment and Sustainable Development vania.somavilla@vale.com Silvio Vaz Director of the Vale Foundation and of the Department of Social Responsibility and Regional Communications silvio.vaz@vale.com Liesel Filgueiras General Manager for Corporate Social Responsibility liesel.filgueiras@vale.com