United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
July 2024
Vale S.A.
Praia de Botafogo nº 186, 18º andar, Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check One) Form 20-F x Form 40-F ¨
Press Release |
Chairman of Vale’s Board reinforces governance and integrity in the Company’s CEO sucession process
Rio de Janeiro, July 17, 2024 – Regarding the speculating press releases recently published in the media, the Chairman of the Board of Directors of Vale S.A. ("Vale" or the "Company"), Daniel Stieler, publicly reiterates the integrity of the process for selecting the Company’s new EO, which strictly complies with the governance rules.
In the name of transparency and respect for shareholders, employees, customers, suppliers, partners and communities where Vale operates, the Chairman of the Board reiterates his commitment to ensuring the maintenance of the ethical principles that guide the works of the Company and its collegial bodies.
Stieler reaffirms his total confidence in the Board's ability to make the best decision, in compliance with Vale's Bylaws, Board’s Internal Regulations, corporate policies and applicable legislation. Furthermore, he reinforces his confidence in the international headhunting firm hired to support the Board in the search for a CEO who meets the necessary qualifications for the position, in line with shareholder expectations.
Following several press releases disclosed to the market in recent weeks, there is no definition of the list of candidates participating in the process at the moment.
The Chairman states that he will spare no effort to ensure that the Company's integrity and governance processes continue to be complied with. He emphasizes that the succession schedule has been strictly followed.
Finally, the Chairman states that Vale will keep the market and the press updated regarding material developments on the definition of the Company’s new CEO.
Gustavo Duarte Pimenta
Executive Vice President, Finance and Investor Relations
For further information, please contact:
Vale.RI@vale.com
Thiago Lofiego: thiago.lofiego@vale.com
Luciana Oliveti: luciana.oliveti@vale.com
Mariana Rocha: mariana.rocha@vale.com
Patricia Tinoco: patricia.tinoco@vale.com
Pedro Terra: pedro.terra@vale.com
This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Vale S.A. (Registrant) | ||
By: | /s/ Thiago Lofiego | |
Date: July 17, 2024 | Director of Investor Relations |