20250516_INCO_Laporan Informasi dan Fakta Material_31886349_lamp2.pdf

These milestones highlight PT Vale’s strong governance, environmental stewardship, and
social responsibility. The Company remains on track toward achieving IRMA50, an
international standard for fair and transparent mining practices.

Dividend Declaration and Capital Allocation
Given the Company’s efficiency of capital expenditure on mining projects without reducing
the commitment to its completion, working capital needs and considering the cash condition
of the current year, the AGMS has approved the distribution of 60% of net earnings or equal
to US$34,656 (in thousands) for the financial year ending December 31st, 2024 as dividend
to the shareholders. All shareholders on record as of May 28th, 2025 will receive a dividend
US$0.00329 for each 1 (one) share they owned, which will be paid by the Company on June
16th, 2025. The remaining net profit of the Company will then be recorded as Retained
Earnings to support the Company’s future development.

Board Governance and Audit

The shareholders approved the end of term of office of Mrs. Febriany Eddy as the President
Director of the Company as of April 21st, 2025, and approved the appointment of Mr.
Christopher McCleave as Commissioner of the Company effective as of the closing of the
AGMS until the closing of the Annual General Meeting of Shareholders in 2028.

Accordingly, composition of the Board of Directors of the Company is as follows:

         Vice President Director and Chief Operation                            :   Abu Ashar
         and Infrastructure Officer
         Director and Chief Human Capital Officer                               :   Adriansyah Chaniago
         Director and Chief Sustainability & Corporate                          :   Bernardus Irmanto
         Affairs Officer
         Director and Chief Financial Officer                                   :   Rizky Andhika Putra
         Director and Chief Project Officer                                     :   Muhammad Asril
         Director and Chief Strategy & Technical                                :   Luke Mahony
         Officer

With regard to the Board of Commissioners, the composition of the Board of Commissioners
of the Company is as follows:

         President Commissioner                                                 :    Muhammad Rachmat Kaimuddin
         Vice President Commissioner                                            :    Emily Marie Olson
         Commissioner                                                           :    Kristina Janet Gauthier
         Commissioner                                                           :    Christopher McCleave
         Commissioner                                                           :    Dr. M Jasman Panjaitan
         Commissioner                                                           :    Edi Permadi
         Commissioner                                                           :    Yusuke Niwa
         Independent Commissioner                                               :    Rudiantara
         Independent Commissioner                                               :    Retno LP Marsudi
         Independent Commissioner                                               :    Marita Alisjahbana


                                                                                                                          [2]
PT Vale Indonesia Tbk
Jakarta: Sequis Tower, 20th Floor, Unit 6 & 7, Jl. Jend. Sudirman Kav. 71, Jakarta 12190, Indonesia. T.(62) 21 524 9000
F.(62) 21 524 9020
Makassar: Jl. Somba Opu No. 281, Makassar 90113, Indonesia. T.(62) 411 366 9000 F.(62) 411 366 9020
Sorowako: Main Office Plant Site Sorowako, Luwu Timur 92984, Indonesia. T.(62) 475 332 9100 F.(62) 475 332 9575
www.vale.com/indonesia

We will comply with any regulatory requirements applicable relating to the changes of the
Board of Directors and the Board of Commissioners of the Company.

In addition, as per the Company’s past practice, the Company is proposing a combination of
fixed and variable remuneration for members of the Board of Commissioners. At the AGMS,
the shareholders approved 2025 compensation payments for members of the Board of
Commissioners and approved the delegation of authority from the General Meeting of
Shareholders to the Board of Commissioners to determine the amount of the Board of
Directors’ salaries and other remuneration.

Lastly, the shareholders approved the appointment of Mr. Yusron Fauzan and KAP Rintis,
Jumadi, Rianto & Rekan (PwC Indonesia) registered with the Financial Services Authority as
the Independent Public Accountant and Public Accounting Firm of the Company to audit the
Company’s Consolidated Financial Statements for the financial year ended December 31st,
2025 and to audit other financial statements as required by the Company.

Looking Ahead: Growth with Purpose

As PT Vale enters 2025, it remains committed to transforming responsibly and contributing
meaningfully to Indonesia’s vision for downstream industrialization. The Bahodopi Mine has
begun ramp-up operations, and Pomalaa’s construction remains on track, both reinforcing
PT Vale’s contribution to a resilient and decarbonized nickel value chain.

Bernardus Irmanto, Acting CEO PT Vale Indonesia also stated in today’s event, “In
delivering dividends this year, PT Vale Indonesia demonstrates our commitment to
sustainable value creation. Despite market challenges, we have optimized capital projects,
enhanced operational efficiency, and maintained prudent financial discipline. These efforts
enable us to reward shareholders without compromising our long-term growth strategy and
sustainability commitments”.

The Company expresses its deepest appreciation to shareholders, government partners,
and communities for their continued trust and support. PT Vale is proud to contribute to a
future that is sustainable, inclusive, and globally competitive.



                                                                                  For further information, please contact:
                                                                                      Rizky Putra, Chief Financial Officer
                                                                                           ptvi.investorrelation@vale.com

                                                                            Vanda Kusumaningrum, Head of Corporate
                                                                                                  Communications
                                                                                   vanda.kusumaningrum@vale.com

                                                                                                          visit our website at
                                                                                                     www.vale.com/indonesia

                                                                                                                   or call us at
                                                                                                             (+62 21) 524 9000
                                                                                                                            [3]
PT Vale Indonesia Tbk
Jakarta: Sequis Tower, 20th Floor, Unit 6 & 7, Jl. Jend. Sudirman Kav. 71, Jakarta 12190, Indonesia. T.(62) 21 524 9000
F.(62) 21 524 9020
Makassar: Jl. Somba Opu No. 281, Makassar 90113, Indonesia. T.(62) 411 366 9000 F.(62) 411 366 9020
Sorowako: Main Office Plant Site Sorowako, Luwu Timur 92984, Indonesia. T.(62) 475 332 9100 F.(62) 475 332 9575
www.vale.com/indonesia