Vale announced today that the Expert Panel retained to provide an assessment of the technical causes of the failure of Dam I at the Córrego do Feijão Mine in Brumadinho, Minas Gerais has released its report to the Company.

The Expert Panel, the composition of which was previously announced on February 8, 2019 was retained by outside legal counsel to the Company and was instructed to utilize its professional expertise and judgment to investigate and report on the technical causes for the failure of the dam.   The Expert Panel's Report, entitled Report of the Expert Panel on the Technical Causes of the Failure of Feijão Dam I, along with ten accompanying appendices and a short explanatory video, is available at http://www.b1technicalinvestigation.com/.

As announced on January 27th, 2019, the Company's board of directors has separately appointed an Extraordinary Independent Consulting Committee for Investigation (CIAEA) to investigate the dam breach, which will release its report at a future date.