The Company’s majority shareholder is VCL, who is
wholly owned by Vale S.A, and domiciled at Praia de
Botafogo, 186-Botafogo, Rio de Janeiro, Brazil. Vale
S.A.’s corporate capital as of December 31, 2021 was
5,132,458,410 common shares and twelve golden
shares owned by the Brazilian Government.
The twelve golden shares have veto powers over certain
actions, such as a change in name, location of the head
office, and the Company’s purpose as it relates to mining
activities. As such, Vale S.A. is the Company’s Controlling
Shareholder, due to its direct and indirect control.
The following table sets forth information regarding ownership of Vale S.A. shares as of December 31, 2021.
| Name of Shareholders |
Number of shares |
Persen (%) |
| Previ |
415.794.956 |
8,10 |
| Capital World Investors |
335.249.101 |
6,53 |
| Capital Research Global Investors |
326.001.911 |
6,35 |
| Mitsui&co |
286.347.055 |
5,58 |
| Blackrock, Inc. |
279.562.772 |
5,45 |
| Capital International Investors |
267,888,210 |
5,22 |