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20-F true false false 2025-12-31 --12-31 001-15030 VALE S.A. D5 Marcelo Feriozzi Bacci 21 3485 5000 Praia de Botafogo 186 Praia de Botafogo 186 22250 22250 Rio de Janeiro Rio de Janeiro BR BR American Depositary Shares (evidenced by American Depositary Receipts), each representing one common share of Vale VALE NYSE 3.750% Guaranteed Notes due 2030, issued by Vale Overseas VALE/30 NYSE 6.125% Guaranteed Notes due 2033, issued by Vale Overseas VALE/33 NYSE 8.250% Guaranteed Notes due 2034, issued by Vale Overseas VALE/34 NYSE 6.875% Guaranteed Notes due 2036, issued by Vale Overseas VALE/36 NYSE 6.875% Guaranteed Notes due 2039, issued by Vale Overseas VALE39 NYSE 6.400% Guaranteed Notes due 2054, issued by Vale Overseas VALE/54 NYSE 5.625% Notes due 2042, issued by Vale S.A. VALE42 NYSE 4268780141 12 No No Yes Yes Large Accelerated Filer false true false International Financial Reporting Standards false false true RISK MANAGEMENT AND STRATEGYAs a global mining company, we face various cyber threats, including ransomware attacks, theft of restricted information and digital frauds. These threats can lead to financial losses, damage to our reputation, and harm to our employees and third parties. We manage these cyber risks as part of our overall risk management process.<span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90D_ecyd--CybersecurityRiskManagementProcessesIntegratedTextBlock_c20250101__20251231_znGqYYCOr1Oj">Our overall enterprise risk management (ERM) process <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90F_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250101__20251231_zi7JZ0EdV877">integrates assessing, identifying, and managing cybersecurity-related risks. If the ERM process identifies a heightened cybersecurity-related risk, we assign risk owners to develop and track risk mitigation plans. We use several tools to monitor risks, including key risk indicators (KRIs) and independent assessments of critical controls by specialized teams.In case of a cyber incident, we follow our cyber incident response playbook, which outlines the steps for detection, mitigation, recovery, and notification, including procedures for informing relevant internal groups and the Board of Directors as needed.Our Cybersecurity Risk Management practice is founded on internationally recognized cybersecurity frameworks like the NIST CSF (National Institute of Standards and Technology – Cybersecurity Framework), ISO 27001 and ISA62443. The practice includes the processes described below.<div> <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Identification of what we have, what we do and what is important:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 12pt; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We understand the business context and the assets that support essential functions.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: left">We regularly assess cyber risks internally and the potential impacts on the company and, every two years, undergo a risk assessment by an independent, and specialized third-party based on the NIST CSF.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify"><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_906_ecyd--CybersecurityRiskThirdPartyOversightAndIdentificationProcessesFlag_dbT_c20250101__20251231_zPeZpQgmPY6b">We maintain an up-to-date inventory of technology assets, such as applications, data, servers, network components, <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90A_ecyd--CybersecurityRiskManagementThirdPartyEngagedFlag_dbT_c20250101__20251231_z4rQ2EEIQ0X3">third- party services and others.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Protecting technology assets (both Information Technology and Operations Technology) to prevent or limit cyber incidents by:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 12pt; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We apply an identity and access process with Multi-Factor Authentication.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We provide cybersecurity training and education for employees and contractors, focusing on cyber risk and good cyber behavior, such as identifying malicious emails and correctly classifying information to protect data confidentiality.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We provide communication channels for employees and contractors to report incidents, vulnerabilities and activities related to cyber security.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We adopt network segmentation with strategic placement of network firewalls, intrusion prevention systems, and demilitarized zones for added security.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Early detection of cyber incidents through:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 12pt; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Our Security Operations Center, which operates 24/7/365, continuously monitors our digital environment by analyzing billions of telemetry events to detect system anomalies.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We adopt a modern End Point Detection and Response platform on our workstations and servers, combined with a managed and detection response service by the Security Operations Center.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We regularly conduct vulnerability assessments across various technological layers, independent third-party penetration tests, and attack surface management practices.</td></tr></table> </div><div> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0pt; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We have a dedicated cybersecurity team that combines the best of in-house resources with the expertise of external partners specialized in the field.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Responding effectively to cyber incidents to significantly contain their impact by:</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 12pt; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We maintain a robust cyber incident response plan by:</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 0.35in"></td><td style="width: 0.25in">–</td><td style="text-align: justify">Keeping cyber incident response procedures up to date, as well as technology system recovery plans for business continuity.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 0.35in"></td><td style="width: 0.25in">–</td><td style="text-align: justify">Conducting cyber incident simulations for operational, tactical, and executive audiences to educate and better prepare for a real cyber incident.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 4pt"><tr style="vertical-align: top"> <td style="width: 0.35in"></td><td style="width: 0.25in">–</td><td style="text-align: justify">Integrating the cyber incident response plan with the organization’s corporate Crisis Management process and a corporate Cyber Crisis Committee formed by areas such as Legal, Privacy, Communications, Internal Controls, Investor Relations, and other business areas.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 0.35in"></td><td style="width: 0.25in">–</td><td style="text-align: justify">Managing the materiality of cyber incidents within the corporate cyber crisis committee, keeping our Executive Committee and our Board of Directors informed, and disclosing to the public when applicable.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Recovering and restoring affected systems and their capabilities back in operation.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 10pt/120% Calibri, Helvetica, Sans-Serif; width: 100%; margin-top: 10pt; margin-bottom: 0pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">We conduct regular tests of our recovery plans to ensure the restoration of technology assets in case of need.</td></tr></table> </div>We also engage specialized third-party cybersecurity companies to evaluate the structure of the cyber program, test the effectiveness of our processes and to provide targeted training to our workforce. Our cybersecurity risk management processes extend to the oversight and identification of cybersecurity risks from our association with third-party service providers. Our risk management program includes risk assessments of third-parties that want to provide services to us through contractual commitment to comply with our baseline of security controls as well as their cyber rating performed with an independent security rating platform.We also share and receive cyber and threat intelligence insights with our industrial base peers and are a member of the Metals and Mining Information Sharing and Analysis Center (ISAC).Our plans aim to enhance our cybersecurity program by constantly staying abreast of emerging threats and adapting to evolving technologies.<span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_900_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantTextBlock_c20250101__20251231_zLm4qNs4yq82">Over the past three years, our business strategy, results of operations and financial position <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbF_c20250101__20251231_zTdRzwX8Le8e">have not been materially impacted by risks from current and past cybersecurity threats. However, we cannot assure that they will not be materially affected by future cybersecurity threats or incidents. Our overall enterprise risk management (ERM) process <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90F_ecyd--CybersecurityRiskManagementProcessesIntegratedFlag_dbT_c20250101__20251231_zi7JZ0EdV877">integrates assessing, identifying, and managing cybersecurity-related risks. true true true Over the past three years, our business strategy, results of operations and financial position <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_901_ecyd--CybersecurityRiskMateriallyAffectedOrReasonablyLikelyToMateriallyAffectRegistrantFlag_dbF_c20250101__20251231_zTdRzwX8Le8e">have not been materially impacted by risks from current and past cybersecurity threats. However, we cannot assure that they will not be materially affected by future cybersecurity threats or incidents. false GOVERNANCE<div> <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Board of Directors</td></tr> </table> <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90C_ecyd--CybersecurityRiskBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250101__20251231_zBsfniUo6MFa">Our Board of Directors primarily oversees the management of cybersecurity threat risks. To fulfill this responsibility, the Board relies on the support of the Audit and Risks Committee. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_902_ecyd--CybersecurityRiskProcessForInformingBoardCommitteeOrSubcommitteeResponsibleForOversightTextBlock_c20250101__20251231_zIo5xfkOHRsg">The Audit and Risks Committee is responsible for advising the Board of Directors regarding the risk management strategy, including the analysis of corporate policies on this topic and risk appetite guidelines, as well as Vale’s integrated risk map. <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_900_ecyd--CybersecurityRiskProcessForInformingManagementOrCommitteesResponsibleTextBlock_c20250101__20251231_z5IAAq9uwLY8">The Audit and Risks Committee also assesses the effectiveness and adequacy of controls and risk management systems, and regularly <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_906_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag_dbT_c20250101__20251231_z3qvD8kyefS6">receives reports on cyber risks from our Corporate Risk Department. <table cellpadding="0" cellspacing="0" style="font: 8pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; background-color: #D3E9E6"> <td style="width: 100%; padding-top: 2.15pt; padding-bottom: 1pt; text-align: justify; line-height: 120%; font-size: 10pt; color: #007E7A; font-weight: bold">Management</td></tr> </table> </div><span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_904_ecyd--CybersecurityRiskRoleOfManagementTextBlock_c20250101__20251231_zDM2NYOzT81b">Our Executive Committee is supported by five advisory committees, including the Executive Risk Committee which focuses on strategy, finance, and cyber risks. The main responsibilities of these advisory committees are to support our Executive Committee in monitoring risks, make preventive recommendations regarding potential risks presented at the committees’ meetings, and submit them for the approval of the Executive Committee.<span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_907_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleTextBlock_c20250101__20251231_zwZccbrkbFWf">Our <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90D_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_dbT_c20250101__20251231_zXFH4Ue1ZDXl">Chief Information Security Officer leads our cybersecurity function, responsible for our overall information security strategy, policy, threat detection and response. In addition to providing comprehensive cyber risk update to our Audit and Risks Committee and our Executive Risks Committee, this update covers an independent assessment of our cybersecurity program based on the NIST Cybersecurity Framework, as well as, our cyber posture, as evaluated by an independent cybersecurity rating platform. The committees are briefed on cyber incidents considered to have a moderate or greater business impact, even if they are not material to us. Our Board of Directors primarily oversees the management of cybersecurity threat risks. The Audit and Risks Committee is responsible for advising the Board of Directors regarding the risk management strategy, including the analysis of corporate policies on this topic and risk appetite guidelines, as well as Vale’s integrated risk map. The Audit and Risks Committee also assesses the effectiveness and adequacy of controls and risk management systems, and regularly <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_906_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleReportToBoardFlag_dbT_c20250101__20251231_z3qvD8kyefS6">receives reports on cyber risks from our Corporate Risk Department. true Our Executive Committee is supported by five advisory committees, including the Executive Risk Committee which focuses on strategy, finance, and cyber risks. The main responsibilities of these advisory committees are to support our Executive Committee in monitoring risks, make preventive recommendations regarding potential risks presented at the committees’ meetings, and submit them for the approval of the Executive Committee. Our <span class="xdx_phnt_RGlzY2xvc3VyZSAtIEN5YmVyc2VjdXJpdHkgUmlzayBNYW5hZ2VtZW50IGFuZCBTdHJhdGVneSBEaXNjbG9zdXJlAA__" id="xdx_90D_ecyd--CybersecurityRiskManagementPositionsOrCommitteesResponsibleFlag_dbT_c20250101__20251231_zXFH4Ue1ZDXl">Chief Information Security Officer leads our cybersecurity function, responsible for our overall information security strategy, policy, threat detection and response. true 1351

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1. Corporate information Vale S.A. (“Parent Company”) is a public company headquartered in the city of Rio de Janeiro, Brazil. Vale S.A.’s share capital consists of common shares traded on B3 under the code VALE3. The Company also has American Depositary Receipts ("ADRs") traded on the New York Stock Exchange ("NYSE") under the code VALE. Additionally, the shares are traded on LATIBEX under the code XVALO, which is an unregulated electronic market established by the Madrid Stock Exchange for the trading of Latin American securities. The shareholding structure is presented in note 29 to these financial statements. Vale S.A., together with its subsidiaries (“Vale” or the “Company”), is one of the world’s largest producers of iron ore and nickel, and also produces iron ore pellets and briquettes, copper, and by-products such as platinum-group metals (PGM), gold, silver, and cobalt. The Company’s business is organized into two operating segments: “Iron Ore Solutions” and “Vale Base Metals” (note 3). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 100%; font-family: Times New Roman,serif">Iron Ore solutions</td></tr> </table> It comprises the extraction of iron ore, the production of pellets and briquettes, as well as large-scale logistics systems and distribution centers integrated with its mining operations, including railways, maritime terminals, and ports. <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Iron ore. The Company operates three systems in Brazil for the production and distribution of iron ore:</td></tr></table> North System. Fully integrated, with three mining complexes, a railway, and a maritime terminal. Southeast System. Fully integrated, with three mining complexes, a railway, and maritime terminals. South System. Composed of two mining complexes and maritime terminals. <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Iron ore pellets and other ferrous products. Vale has a diversified portfolio of agglomerated products, including pellets and briquettes. The Company operates eight pelletizing plants in Brazil, two in Oman dedicated to pellet production, and two briquette plants in Brazil for briquette production.</td></tr></table> Most of these products are sold to the international market through the group’s main trading company, Vale International S.A. (“VISA”), a wholly owned subsidiary of Vale headquartered in Switzerland. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif; width: 100%">Vale Base metals</td></tr> </table> The Vale Base Metals segment is operated by Vale Base Metals (VBM) and comprises the production of nickel, copper, and their respective by-products. <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Nickel. The main operations are conducted by Vale Canada Limited (“Vale Canada”), which operates mines and processing plants in Canada and Brazil, as well as nickel refining facilities in the United Kingdom and Japan. The Company also holds interests in nickel operations in Indonesia.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/10pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Copper. In Brazil, the Company produces copper concentrates at Sossego and Salobo, located in Carajás, in the state of Pará. In Canada, through Vale Canada, it produces copper concentrates and cathodes associated with nickel operations in Sudbury (Ontario) and Voisey’s Bay (Newfoundland and Labrador).</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Other base metals. In Sudbury, the ore extracted generates cobalt, PGMs, silver, and gold as by-products, which are processed at the refining facilities in Port Colborne (Ontario). In Canada, the Company also produces refined cobalt at Long Harbour (Newfoundland and Labrador). The copper operations at Sossego and Salobo also produce silver and gold as by-products. The Company also has streaming transactions related to nickel and copper by-products, as presented in note 10 to these financial statements.</td></tr></table> The Company also engages in greenfield mineral exploration in five countries: Brazil, Canada, Chile, Peru, and Indonesia. In addition, Vale holds interests in associates and joint ventures, primarily involved in the production of ferrous products and base metals, in the operation of logistics infrastructure, and in energy businesses that aim to meet part of Vale’s consumption needs through renewable sources. The list of the Company’s investments in subsidiaries, associates, and joint ventures is presented in note 30. 2. Significant events and transactions related to 2025 financial statements <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Operating assets</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/112% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Impairment loss on Nickel Assets (Vale Base Metals) – In the last quarter of 2025, the Company identified impairment triggers for its nickel cash-generating units ("CGUs"). Thus, Vale carried out impairment tests for those CGUs, resulting in the recognition of impairment losses related to the Newfoundland and Labrador CGU, located in Canada, in the amount of US$1,745. In addition, the impairment test of the goodwill allocated to the Canadian nickel CGUs resulted in the recognition of an impairment loss in the amount of US$<span id="xdx_909_ecustom--AdditionalImpairmentOnAssetsRelatedToNickel_pn6n6_c20240101__20241231__ifrs-full--BusinessCombinationsAxis__custom--NickelMember_zQ6aUGIB1iz5" title="Additional Impairment on assets related to nickel">1,735. These losses are presented as ‘Impairment and result on disposals of non-current assets, net’ in the income statement for the year. Further details are disclosed in Note 12 to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Financial management</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Repurchase of participative shareholders' debentures – In November 2025, Vale completed the partial repurchase of its participative shareholders' debentures for US$703, including the payment of a premium of US$15, which is presented in the income statement as "Financial expenses". Further details are disclosed in Note 23(b) to these financial statements. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Issuance of subordinated notes – In November 2025, Vale issued subordinated notes in the amount of US$750, maturing in 2056. Further details are presented in note 23(a) to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Debentures public offering – In June 2025, the Company issued Debentures of US$1,080 (R$6 billion), maturing in 2032, 2035 and 2037. Further details are presented in note 24 to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Bond issuance and repurchase - In February 2025, the Company issued bonds in the amount of US$750 maturing in 2054. In March 2025, these proceeds were partially used to redeem bonds maturing in 2034, 2036 and 2039 in the total amount of US$329. As a result of the early redemption, Vale paid a premium of US$44, which was recorded in the income statement as "Financial expenses". Further details are presented in note 24 to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Provision and contingencies</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/12pt Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Claim in the United Kingdom – In November 2025, the English court confirmed BHP’s liability for the failure of the Fundão dam in 2015, which was operated by Samarco, a joint venture of Vale and BHP. As a result, Vale recognized an additional provision of US$449, presented in the income statement as “Equity results and other results in associates and joint ventures.” Further details are presented in note 26(c) to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Capital structure</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Shareholder remuneration – During 2025, the Company approved dividends and interest on shareholders’ equity to its shareholders in the amount of US$5,923. Further details are presented in note 29(e) to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Related parties</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/12pt Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Divestment of Aliança Geração de Energia S.A. (“Aliança”) – In September 2025, the Company completed the sale of a 70% interest in Aliança to Global Infrastructure Partners (“GIP”) for US$871. As a result, Aliança became an associate, and Vale recognized a loss of US$<span id="xdx_90E_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20250930__ifrs-full--BusinessCombinationsAxis__custom--AliancaMember_zY7JE3kgphUi" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">206 in the income statement, presented as ‘Impairment and result on disposals of non-current assets, net’ . Further details are disclosed in note 31(a) to these financial statements.</td></tr></table>

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Operating assets</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/112% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Impairment loss on Nickel Assets (Vale Base Metals) – In the last quarter of 2025, the Company identified impairment triggers for its nickel cash-generating units ("CGUs"). Thus, Vale carried out impairment tests for those CGUs, resulting in the recognition of impairment losses related to the Newfoundland and Labrador CGU, located in Canada, in the amount of US$1,745. In addition, the impairment test of the goodwill allocated to the Canadian nickel CGUs resulted in the recognition of an impairment loss in the amount of US$<span id="xdx_909_ecustom--AdditionalImpairmentOnAssetsRelatedToNickel_pn6n6_c20240101__20241231__ifrs-full--BusinessCombinationsAxis__custom--NickelMember_zQ6aUGIB1iz5" title="Additional Impairment on assets related to nickel">1,735. These losses are presented as ‘Impairment and result on disposals of non-current assets, net’ in the income statement for the year. Further details are disclosed in Note 12 to these financial statements.</td></tr></table>

1745000000 1735000000

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Financial management</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Repurchase of participative shareholders' debentures – In November 2025, Vale completed the partial repurchase of its participative shareholders' debentures for US$703, including the payment of a premium of US$15, which is presented in the income statement as "Financial expenses". Further details are disclosed in Note 23(b) to these financial statements. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Issuance of subordinated notes – In November 2025, Vale issued subordinated notes in the amount of US$750, maturing in 2056. Further details are presented in note 23(a) to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Debentures public offering – In June 2025, the Company issued Debentures of US$1,080 (R$6 billion), maturing in 2032, 2035 and 2037. Further details are presented in note 24 to these financial statements.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Bond issuance and repurchase - In February 2025, the Company issued bonds in the amount of US$750 maturing in 2054. In March 2025, these proceeds were partially used to redeem bonds maturing in 2034, 2036 and 2039 in the total amount of US$329. As a result of the early redemption, Vale paid a premium of US$44, which was recorded in the income statement as "Financial expenses". Further details are presented in note 24 to these financial statements.</td></tr></table>

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44000000 <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Provision and contingencies</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/12pt Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Claim in the United Kingdom – In November 2025, the English court confirmed BHP’s liability for the failure of the Fundão dam in 2015, which was operated by Samarco, a joint venture of Vale and BHP. As a result, Vale recognized an additional provision of US$449, presented in the income statement as “Equity results and other results in associates and joint ventures.” Further details are presented in note 26(c) to these financial statements.</td></tr></table>

449000000

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif">Capital structure</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Shareholder remuneration – During 2025, the Company approved dividends and interest on shareholders’ equity to its shareholders in the amount of US$5,923. Further details are presented in note 29(e) to these financial statements.</td></tr></table>

5923000000

<table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Related parties</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt/12pt Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Divestment of Aliança Geração de Energia S.A. (“Aliança”) – In September 2025, the Company completed the sale of a 70% interest in Aliança to Global Infrastructure Partners (“GIP”) for US$871. As a result, Aliança became an associate, and Vale recognized a loss of US$<span id="xdx_90E_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20250930__ifrs-full--BusinessCombinationsAxis__custom--AliancaMember_zY7JE3kgphUi" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">206 in the income statement, presented as ‘Impairment and result on disposals of non-current assets, net’ . Further details are disclosed in note 31(a) to these financial statements.</td></tr></table>

0.70 871000000 206000000

3. Information by business segment and geographic area The reportable operating segments are aligned with the products and reflect the structure used by Management to assess the Company’s performance. The boards responsible for making operational decisions, allocating resources, and evaluating performance, which include the Executive Committee and the Board of Directors, use adjusted EBITDA as the performance measure by business segment. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: teal 1pt solid; border-bottom: teal 1pt solid; width: 28%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Segment</td> <td style="border-top: teal 1pt solid; border-bottom: teal 1pt solid; width: 72%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Main activities</td></tr> <tr style="background-color: white"> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Iron Ore Solutions</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Comprises the extraction and production of iron ore, iron ore pellets, other ferrous products, and its logistic related services. </td></tr> <tr style="background-color: white"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Vale Base Metals</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Includes the extraction and production of nickel and its by-products (gold, silver, cobalt, and other metals), and copper, as well as its by-products (gold and silver). </td></tr> </table> The Company’s adjusted EBITDA is calculated based on operating income (loss), including the EBITDA of associates and joint ventures, which corresponds to a measure of ‘equity results’ (note 30), and excluding (i) depreciation, depletion and amortization; and (ii) impairment losses and results from the write-off of non-current assets, net, and other items. In addition, unallocated items to the operating segment include corporate expenses, research and development of greenfield exploration projects, as well as expenses related to the Brumadinho event and de-characterization of dams and asset retirement obligations. a) Adjusted EBITDA <table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfOperatingSegmentsExplanatory_pn6n6_zO2c8o7sKHIc" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of adjusted EBITDA</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_493_20250101__20251231_z8fgpbRTNxY1" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231_zXfATnKDB4Ce" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_498_20230101__20231231_zEnhXQbO4ZGk" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron ore </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zMxYA6e1ZmHi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">11,562</td> <td id="xdx_98C_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zQrP3hXMFSJg" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">11,598</td> <td id="xdx_989_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zNCVVBGtAEY5" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">15,205</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron ore pellets</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zrlf6RYrJBqe" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">2,052</td> <td id="xdx_988_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zntQnahgIUu1" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">3,166</td> <td id="xdx_982_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zP8GOF8O44r4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">3,136</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zot9AzZ1qAYk" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">189</td> <td id="xdx_98B_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zFSksAh4meN6" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">321</td> <td id="xdx_981_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z5iwVFI7P6ii" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">473</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zpBdBfeQrgp1" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">13,803</td> <td id="xdx_98F_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zJIYN4n6GUNf" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">15,085</td> <td id="xdx_98F_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z259K6iN4WQk" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">18,814</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Nickel</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98C_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_z3EsuEcWBJjh" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">714</td> <td id="xdx_98B_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_ztR5GFWxLDh4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">114</td> <td id="xdx_989_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zbBVzGrLkmG9" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">851</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Copper</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_980_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zZY5ZCsTR7ug" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">2,757</td> <td id="xdx_98E_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zVSPRztQEm47" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,521</td> <td id="xdx_985_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zDHeFkkKA8i8" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,100</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other base metals</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zAD7LF83OyIl" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(116)</td> <td id="xdx_985_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zgVPyOqzaMse" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(182)</td> <td id="xdx_98D_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zoqI29UAvYzb" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">12</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zhk7TtGsTTXk" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">3,355</td> <td id="xdx_98E_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zVq4chGvl0ie" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,453</td> <td id="xdx_980_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zyQuz3KI73Gf" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,963</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Unallocated items</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zp9iIEwWzb3d" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(1,700)</td> <td id="xdx_98C_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zJfTw3LGHNV3" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(1,698)</td> <td id="xdx_984_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zbZrvmZtkwu3" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(2,176)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_403_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_zlSc9O4faz5h"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Adjusted EBITDA</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15,458</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14,840</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18,601</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_40E_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpense_iN_di_zod2Kb9BuzU"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11(a)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,105)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,057)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,070)</td></tr> <tr id="xdx_40B_ecustom--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossContinuingOperations_iI_zT0bemtcPZo4"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment and result on disposals of non-current assets, net and other (i)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(5,384)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(55)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(482)</td></tr> <tr id="xdx_40C_ecustom--EbitdaFromAssociatesAndJointVentures_iN_di_z3PyVC8UJqX2"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">EBITDA from associates and joint ventures</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,072)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(940)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(844)</td></tr> <tr id="xdx_400_eifrs-full--ProfitLossFromOperatingActivities_z94T9fEO7KPg"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Operating income</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,897</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10,788</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14,205</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_408_ecustom--ShareOfProfitLossNetOfDividendsReceivedOfAssociatesAndJointVenturesAccountedForUsingEquityMethodContinuingOperations_iN_di_zXUIjk1tUeCe"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Equity results and other results in associates and joint ventures</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">30</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(218)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(269)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,108)</td></tr> <tr id="xdx_404_ecustom--FinanceIncomeCosts_iN_di_z0Z27pKuHFwk"> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial results </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,026)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,823)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,946)</td></tr> <tr id="xdx_404_eifrs-full--ProfitLossBeforeTax_zRD3lirWpEk5"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income before income taxes</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,653</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,696</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,151</td></tr> </table> (i) Includes US$3,578 of impairment losses (2024: US$2,210 and 2023: US$0), US$1,021 of net losses from the write-off of non-current assets (2024: net gains of US$2,511 and 2023: net losses of US$266), and US$785 of expenses to reflect the performance of streaming transactions at market prices (2024: US$356 and 2023: US$216). b) Net operating revenue by business segment and geographic area <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfNetOperatingRevenueByShipmentDestinationExplanatory_pn6n6_zqioD2vQfNZ7" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details 1)"> <tr> <td style="border-left: white 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of net operating revenue by shipment destination</td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: white 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td colspan="9" style="font-family: Times New Roman,serif; text-align: right">Year ended December 31, 2025</td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron Ore Solutions</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; width: 28%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore pellets</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Iron Ore Solutions</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #007E79 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other base metals</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Vale Base Metals</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Net operating revenue</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">China (i)</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zem0HeDrB1wj" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,517</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z4aWQouUwew1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">16</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zQrDIWa5WBm3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z1IV56yXEK7d" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,533</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zHCX5tZFnea3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">523</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zox4qjCF2yWi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">301</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zDAPKSNBBsb7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">48</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zuGKKQw232qe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">872</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zhJ9QGCx7Nxa" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">19,405</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Japan</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z1Srlbx9c5fa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,990</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_ztgGyhQQQ4Ce" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">170</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zDhd8dZ8tMGd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zIV1EbAsNSIb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,162</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z8gy4vlnbDmh" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">263</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zORGgQeMO70k" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_z6d0YtCah1f7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zyHIY6SE9P32" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">263</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember_zuyvdsfpzpui" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,425</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Asia, except Japan and China</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z3Pb4GJmxeii" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,464</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z8t1SgUAXpV8" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">323</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zH7VLZk5wywa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">20</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_ziGx0epcvaXd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,807</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zAzzuv3FgF7g" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">412</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_ziTXfNRUw4hi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">588</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zdAhWrIZ4CHl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">66</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zra40iLQiOih" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,066</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember_z9XWGqpN6I31" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,873</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z2p7xoyN8Pu5" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">979</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zOkkVqusmbd3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,362</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zgpDPiaCSk6h" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">702</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z6XBYyuWmjJ4" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,043</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zRtivPSM0Jjl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">69</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zKpfwBQYIWik" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_za58dyZI4OX3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">23</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zJRGo21tbtig" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">92</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_z92Iq4XRHsJ" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,135</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">United States of America</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zzpLdEpoZrp2" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zK8CB1wIt2r1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">193</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zgGw0GlvqPOd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zxZQ2v655pwl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">193</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z7OgepCIuLNd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">869</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z0UXHjtljyD2" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zgnMqkjAaDGa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">46</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_znaFZaV4d7X8" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">915</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember_z3WOuQzSRgPe" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,108</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Americas, except United States and Brazil</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z4q6ZxGfyhOb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zEC8NWctp817" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">192</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z4Tz6KIAGqW7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z4h63Svz1chk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">192</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z2qaumhzsdI4" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">571</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z9e4UqPGcVS" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zLjxMOvTsFT" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zno5qwbZHH07" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">571</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember_zQTmy2ErW3wi" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">763</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Germany</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z1mQP4rR5hrl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">310</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zTwDJ6W2ugZ3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">138</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zyrd7OTVqwWk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_ztXf4lyrQsC1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">448</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_ziRdC4XXbual" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">574</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zYs0AHDzNat9" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">825</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zcfnOEepp1kk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">6</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zJPv4KKah8Pi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,405</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember_z5bvATZs4Phl" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,853</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Europe, except Germany</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zPf8Yc0Hstkf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">750</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zrTqVwwfHZeb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">89</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zr5xOnYlfjqf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zuxMflnIP2k6" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">839</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zJOxI3tG0Rab" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">953</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zw5kkto1OJfb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,039</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zHbTfbQs3TYk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">40</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zrWi0q55Ilue" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,032</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember_zRLjJkR8uAkd" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,871</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Middle East, Africa, and Oceania</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zHqWxaSvLkd6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zKcipyYzdafa" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,913</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zGe7770oeMT2" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zP58uVDHXAI6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,913</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zdVRjdesLgyg" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">57</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z4KH8QOv6cAk" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zQFsqJx5Xdhi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zLJsm8EsAFU6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">57</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember_z2zU9sN7e31l" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,970</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Net operating revenue</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z4mj45bLhNa3" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">25,010</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z4LIOoyD3qv" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">4,396</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zj9vJw1s6XSf" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">724</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zd1JpLifCMrg" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">30,130</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z8Pd6gkaSfM4" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">4,291</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zoE8x9ewShj1" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,753</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_z6UW02lPYkJ6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">229</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z4CIGw6EI9l5" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">8,273</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231_zLCzlFCsx6F1" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">38,403</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="9" style="font-family: Times New Roman,serif; text-align: right">Year ended December 31, 2024</td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron Ore Solutions</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; width: 28%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore pellets</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Iron Ore Solutions</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #007E79 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other base metals</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Vale Base Metals</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Net operating revenue</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">China (i)</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zdy7CLxWlzLi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,157</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zZtt3pfdDz5i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z5ed30Tu1vMi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zlxfNDTG7pq2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,157</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zRDqJh78xzVi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">432</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zczkeis9qIE7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">717</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zxuAtpbKfeul" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">69</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zbuXFDJx7yLi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,218</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zWSw36KAlfRb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">19,375</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Japan</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zeLXzH71n7n6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,380</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zfEyIicjjuuk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">278</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zMO3iOAKe0ec" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zaP3pRcuq08f" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,660</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zqBuDTgK72if" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">360</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zxGoyUFOJIvg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zyE7oumRuyw4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">30</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zqJuSF8MA1Wh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">390</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember_zRciWBgMr5z4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,050</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Asia, except Japan and China</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zNAybk1DJwTe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,040</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z4RWeEqXfweh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">378</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zpgHcuXBm30k" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">11</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zXnOEMdSF8al" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,429</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zxMJkN9ZSqef" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">381</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zw2gN1W0TE51" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">77</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zT1K7a0yk751" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zFmf3oTYeWp8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">458</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember_zR55csdQy0qb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,887</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zfvcjm4Drmue" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,085</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zSDPM337uXL2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,706</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zyNdKiADCNf2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">704</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zB6P1taYjrw8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,495</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zOt23kYrjxCe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">50</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zeNUcMxYTlDh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zKLaZEDO0c51" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">20</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zZvkRUmG0Z9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">70</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zzKE3mzFH178" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,565</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">United States of America</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z0Wo7myHEVee" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">26</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zZR4KIvtY0Rl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">172</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zkCX8PVLoygg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zwkH34AO3h02" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">198</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zX8WzhzD8nRl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">855</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zDh3VMiRZJE1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zhr7ptkxWDz8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">22</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z5uqybeuxqof" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">877</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember_zSilnKVEoPq5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,075</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Americas, except United States and Brazil</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zQtehJBrjq7i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z3j5x1PO6PZd" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">443</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z2QNnjkkvkSg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zl2PL0aDzkX7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">444</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zSl7u6a3LgS9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">429</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zhkKgxmXohul" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">97</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zgNuCvHQmNs2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zqRfKB72Oy4b" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">526</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember_zDUicdxjsKsj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">970</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Germany</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zAKzM3RTZAre" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">316</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zy4ld7bo1R66" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">188</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zXXXdFO4Fkfk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zALNzVIrAwKc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">504</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zYjTT0z4hfd9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">401</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zBahrpD637y5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">562</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zJWfiRR4mKob" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zTkPHq2br6Ng" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">963</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember_zY5dWPXNqjP" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,467</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Europe, except Germany</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zJagTVB9o1x9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">794</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zSvnsfEf7GGj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">146</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zm0EbPyOwqPa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z7kpX7ZjXtr3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">940</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zruyqutFGkxi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">727</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zeOhn8waTk47" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,352</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zhKu0lIbYcQ4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zsILwqej5RJc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,079</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember_z9DDx09rXot5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,019</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Middle East, Africa, and Oceania</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zVjsT3yOz9n8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">7</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z1fzWzzWUbOa" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,610</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zfyAqjL7oFXc" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zhmh6rcASaS8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,617</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zwfa0JVrzZOb" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">31</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z9bYbQkC2jc7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zzoAWVSmedTl" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zDpkgLPg34eh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">31</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember_zOxbrQ3ECiDh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,648</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Net operating revenue</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z3JCwiDwKEV8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">24,805</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zPatxNnGq9Jh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">5,921</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z1AHr5RIDtY3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">718</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zuf1Z485mJHj" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">31,444</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z8P73CfNvWPe" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,666</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zZyxaKUERNgh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,805</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zskmjMl41ax2" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">141</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zYtaRPLeXZCa" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">6,612</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231_zXg0wovjggc7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">38,056</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="9" style="font-family: Times New Roman,serif; text-align: right">Year ended December 31, 2023</td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron Ore Solutions</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; width: 28%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore pellets</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Iron Ore Solutions</td> <td style="border-bottom: rgb(0,126,121) 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #007E79 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Vale Base Metals</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Others</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Net operating revenue</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">China (i)</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zVNhVxHDKAC8" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">21,061</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zC25X8Dayk3l" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zXa9g4SjgmS1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zkk8jN0RPtej" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">21,063</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zqrgxtGCeDZ" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">693</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zQBGLo3eyqh5" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">454</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zLCR5pkNYpWe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,147</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zbHlSu7q8vKe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zoUD3BkyZ6W2" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">22,210</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Japan</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zsi6A1YyISrg" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,356</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z7rfHhRqF1C" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">279</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_ziocQnWQ1mzb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zYmE9cXyHpli" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,636</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_ziynpfA88bq9" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">583</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zMG0PPfB3aT1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zT8OTptbqHme" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">583</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zEBNorwwZA5b" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember_zLYrheepcC7e" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,219</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Asia, except Japan and China</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z3ORiVrQPTEi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,691</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zJc1V1dlDCak" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">407</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z36Ln8mONWxa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">10</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zrfgzUkN2nJh" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,108</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_ziM50i8inrPf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">462</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zZRvhZB0ZNUl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">105</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zMVygMPv2BI3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">567</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zS8dS4aoQW1j" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember_zGfS9Z82QYpl" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,675</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zVqVM2WYG3uh" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,370</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zSLG2K7DxQmk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,684</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zE75ow40szrc" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">502</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zFLqNqH4NlC3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,556</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zRG9aoIWyfsl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">63</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zTcAsIvYvh9d" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z2m2255p5Cya" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">63</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zKTurlcFiqtd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">136</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zUhEFAQdAN75" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,755</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">United States of America</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zPLKpzEwR3ac" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zfezDkrpYvX" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">262</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z1JycmFIV7J9" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_ziUZOW1s2Xr3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">262</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z6sCMOCmpIQ6" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,361</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zAtgjG46RVCf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zxELvxgpnAKd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,361</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_z3zBlR4jskSe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember_zZ43jjexGPgl" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,623</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Americas, except United States and Brazil</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zE509AiSvSEd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zQW8pn6oRSzk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">398</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zqMpbvY69xK" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zRZYSTCxIBD2" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">400</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zs61MMIK0HSc" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">456</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zmDiA6hTpWl4" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">41</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zKKeOAQxc8lg" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">497</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zLv1i1T0NOta" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember_zHDNBOz4u677" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">897</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Germany</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zak41VEbyU63" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">244</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z446xmLWFRpg" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">55</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z5S0iQBmnO7d" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z6ipH2iDWs4c" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">301</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zIOqK5vHTk57" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">458</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zr3awPnNchL7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">592</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zQYIPYdBsEDb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,050</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zN6roOdHSKWk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember_zalLObuk5M2" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,351</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Europe, except Germany</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zd9vJXzffsyf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,037</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zbfeHk9Pd6Mb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">374</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zLaD7IhT5hxf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zR4yRAva3M01" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,411</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zC0VXISMbVia" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,082</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z1JPOZZDHVal" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,184</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zHtBdVEclik3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,266</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zi95qqpGxi13" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember_zCqsBX2u2vag" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,677</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Middle East, Africa, and Oceania</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zNaqfdb7jspk" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zb1CqTV2pOpi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,342</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zPkz1apbXrCi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z4oxbv1cJTa7" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,342</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zFgLwsI3gVpg" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">35</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zmQi52a0oV3e" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zzPe3KskLsZi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">35</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zdBGwbMJlpxf" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember_zSQn6y9BGdJf" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,377</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Net operating revenue</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zS9nPmeZ8aL2" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">27,760</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zqeL8O11XCbh" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">5,803</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zm1KrWWlppi6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">516</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zscEjO7HTsT2" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">34,079</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z0Bb60Y80T4b" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">5,193</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zxtik9MRTvR1" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,376</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zw0iBumflOKe" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">7,569</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zsydvx4OnR0l" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">136</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231_z5XzLaX5bsh9" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">41,784</td></tr> </table> (i) Includes operating revenue of China Mainland in the amount of US$19,038 (2024: US$18,556 and 2023: US$21,577) and Taiwan in the amount of US$367 (2024: US$819 and 2023: US$633). In 2025 and 2024, no customer individually represented 10% or more of the Company's revenue. In 2023, the revenue from a single customer from the Iron Ore Solutions segment totaled US$<span id="xdx_901_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember__ifrs-full--MajorCustomersAxis__custom--SingleCustomerMember_zocQw4K7JJUb" title="Revenue">4,239, individually representing 10% of the Company's total revenue. c) Costs of goods sold and services rendered by business segment <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfCostOfGoodsSoldAndServicesRenderedTableTextBlock_pn6n6_zgWyMZfl3bE5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details 2)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of cost of goods sold and services rendered</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-top: teal 1pt solid; border-bottom: teal 1pt solid; width: 55%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: teal 1pt solid; border-bottom: #007E79 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: teal 1pt solid; border-bottom: #007E79 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: teal 1pt solid; border-bottom: #007E79 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore</td> <td id="xdx_981_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_ze2XY0L4RDFe" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">13,488</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_znVD5vmUbgti" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">12,846</td> <td id="xdx_98D_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zw6T6ZdYiQqg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">12,357</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Pellets</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zzGDloZjvkD5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">2,516</td> <td id="xdx_987_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zoHEWuIGiVy1" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">2,920</td> <td id="xdx_985_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zcDtkXZzRvKf" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">2,759</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other ferrous products and logistics services</td> <td id="xdx_986_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_znFCvXnKkoQ3" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">608</td> <td id="xdx_985_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zA7KY58DbwVk" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">556</td> <td id="xdx_984_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zzs1Y3Wlujl7" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">335</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zcxRBbjqLzwd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">16,612</td> <td id="xdx_988_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z8y5ECPHXsq5" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">16,322</td> <td id="xdx_986_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z7XzXkWKj4Sk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">15,451</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Nickel</td> <td id="xdx_985_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zGaT2YYOOgrj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">3,513</td> <td id="xdx_98E_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zQ6rXiU8ze5f" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">3,414</td> <td id="xdx_98B_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zAdTn35r7wQ7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">4,169</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Copper</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zhkIZFamd64c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">1,646</td> <td id="xdx_98B_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zFq4OcV6vIC2" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">1,472</td> <td id="xdx_983_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zoVf6iqFPvRe" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">1,357</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other base metals</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zzr5Zt29dMO6" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">217</td> <td id="xdx_98E_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zJZNQ7jpCr6c" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">154</td> <td id="xdx_983_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zyI5WJ0PZF88" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">–</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zig7eKFE56dj" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">5,376</td> <td id="xdx_981_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zfC1eqJXOpX6" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">5,040</td> <td id="xdx_98B_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zi3UiOvhecIj" style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">5,526</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zPlScjyR6Ycl" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">–</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zYw9UDJNxctl" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">–</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zXzP2D5sd2o6" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">196</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td id="xdx_98E_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_pn6n6_c20250101__20251231_z5Y9VMbFpZj1" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">2,959</td> <td id="xdx_987_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_pn6n6_c20240101__20241231_zJ8P5ZjD7PAf" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">2,903</td> <td id="xdx_983_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_pn6n6_c20230101__20231231_zKIShuXeuYvg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">2,916</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost of goods sold and services rendered</td> <td id="xdx_989_eifrs-full--CostOfSales_pn6n6_c20250101__20251231_zqAWOZWOkqck" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">24,947</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20240101__20241231_zjsFS4eKZ3f8" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">24,265</td> <td id="xdx_986_eifrs-full--CostOfSales_pn6n6_c20230101__20231231_zYsVH4AsiZIi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">24,089</td></tr> </table> d) Assets by geographic area <table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfGeographicalAreasExplanatory_zbiqTbOAzfJi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details 3)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of assets by geographic area</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; width: 26%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Investments in associates and joint ventures</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Intangible</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Property, plant and equipment</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Investments in associates and joint ventures</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Intangible</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Property, plant and equipment</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_985_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zZwf2sleEv5k" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">2,593</td> <td id="xdx_98E_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zp9ZYGV3lphg" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8,944</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zuHGa6GlH9S7" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">33,755</td> <td id="xdx_98D_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zRyIHR4VknEg" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">45,292</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zdOPutlOmb4e" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">2,046</td> <td id="xdx_985_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zSowlmhg4CTk" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8,847</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zliWjRn4iTqh" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">28,706</td> <td id="xdx_980_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zBgPlSrySgH6" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">39,599</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Canada</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zfl5PyDO8pH1" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zWkPtRq2mBI4" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">8,054</td> <td id="xdx_985_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zLllpEK6PYbb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">8,062</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zUN338XjocXl" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">1,666</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_z2Yu6Pn3GhHc" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">9,452</td> <td id="xdx_983_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zG6LZPzFuYng" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">11,118</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Americas, except Brazil and Canada</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zZrqVEtfHMZe" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">4</td> <td id="xdx_983_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zkt8OzwUFxsi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zRf2KJu95h4h" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">3</td> <td id="xdx_989_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zIeRZqco5Yel" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">3</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Indonesia </td> <td id="xdx_980_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zIItWWIXnOCd" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">1,842</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zG4v67CpSdD" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">63</td> <td id="xdx_984_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zNEMKhAmdkYb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,905</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zWZ7RtACjlNi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">1,885</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zOWgdTufiw5d" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">61</td> <td id="xdx_98A_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zZgfodU0CRZ8" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,946</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">China</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zA8oYR2GDaM8" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">1</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_z4WGd100kaZi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">3</td> <td id="xdx_98B_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zMPMWsv3MGZh" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_z9L8OtbPUkGb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">1</td> <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zuSTYt2WkITb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">4</td> <td id="xdx_982_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_z2PCyQdYQiaf" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">5</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Asia, except Indonesia and China</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zLc5yYzE2Db3" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">623</td> <td id="xdx_98E_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zBkQVfKnWJm3" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">623</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zqU5biSxSO4c" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">654</td> <td id="xdx_982_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zDGrdD5q9Mz7" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">654</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Europe</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zBG4CfNqRR2k" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">617</td> <td id="xdx_98C_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zsOW8PkRgwAf" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">617</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zZgxbS8dftza" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">589</td> <td id="xdx_98B_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zv2iQLbPQS65" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">589</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Oman</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zaf5KHhBLF6i" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">594</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zzQATiKMGmig" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">506</td> <td id="xdx_988_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_z9rmh6jEbUog" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,100</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zc2QcAJqDXYg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">616</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zrjUCnuDzNd6" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">515</td> <td id="xdx_984_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zJGa80XBx2Ja" style="border-right: white 1pt solid; border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,131</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_986_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231_zTBewudZFijk" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">5,029</td> <td id="xdx_988_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231_zKpteGRhdd7b" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8,953</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231_zI5xQmAYhZD3" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">43,625</td> <td id="xdx_983_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231_zeBpNyJrYwgd" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">57,607</td> <td id="xdx_983_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_pn6n6_c20241231_znyZKc44eW2k" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">4,547</td> <td id="xdx_98B_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231_zdPQu58wdY07" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">10,514</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231_zDHHU75t3Awg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">39,984</td> <td id="xdx_98F_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231_zhGzFhdP3MS7" style="border-right: white 1pt solid; border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">55,045</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr style="vertical-align: top"> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Revenue from sales - Revenue from sales is recognized when control of a good or service is transferred to a customer. Given the diverse shipping terms associated with Vale's sales, revenue may be recognized at various stages: (i) when the product is available at the loading port, (ii) upon loading onto the ship, (iii) at the port of discharge, or (iv) at the customer's warehouse. A substantial portion of Vale's sales operates under Cost and Freight ("CFR") and Cost, Insurance, and Freight ("CIF") Incoterms. In these instances, where the Company provides shipping services after the transfer of control, such services are treated as a distinct performance obligation. A portion of the transaction price is allocated and recognized over time as the shipping services are rendered. Typically, contract payment terms involve upfront payments or the utilization of letters of credit. These terms generally do not have a significant financing component. Occasionally, sale prices are provisionally set at the sale date, with subsequent adjustments based on market fluctuations or contractual terms until the final pricing date. Revenue recognition is based on the estimated fair value of the total consideration receivable. The provisional pricing mechanism embedded in these sales arrangements is deemed to have the characteristics of a derivative. Consequently, the fair value of the final sale price adjustment is continuously reassessed, and any changes are recognized as operational revenue in the income statement. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfOperatingSegmentsExplanatory_pn6n6_zO2c8o7sKHIc" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of adjusted EBITDA</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_493_20250101__20251231_z8fgpbRTNxY1" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231_zXfATnKDB4Ce" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_498_20230101__20231231_zEnhXQbO4ZGk" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron ore </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zMxYA6e1ZmHi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">11,562</td> <td id="xdx_98C_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zQrP3hXMFSJg" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">11,598</td> <td id="xdx_989_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zNCVVBGtAEY5" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">15,205</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron ore pellets</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zrlf6RYrJBqe" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">2,052</td> <td id="xdx_988_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zntQnahgIUu1" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">3,166</td> <td id="xdx_982_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zP8GOF8O44r4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">3,136</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zot9AzZ1qAYk" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">189</td> <td id="xdx_98B_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zFSksAh4meN6" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">321</td> <td id="xdx_981_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z5iwVFI7P6ii" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">473</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zpBdBfeQrgp1" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">13,803</td> <td id="xdx_98F_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zJIYN4n6GUNf" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">15,085</td> <td id="xdx_98F_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z259K6iN4WQk" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">18,814</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Nickel</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98C_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_z3EsuEcWBJjh" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">714</td> <td id="xdx_98B_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_ztR5GFWxLDh4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">114</td> <td id="xdx_989_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zbBVzGrLkmG9" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">851</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Copper</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_980_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zZY5ZCsTR7ug" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">2,757</td> <td id="xdx_98E_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zVSPRztQEm47" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,521</td> <td id="xdx_985_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zDHeFkkKA8i8" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,100</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other base metals</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zAD7LF83OyIl" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(116)</td> <td id="xdx_985_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zgVPyOqzaMse" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(182)</td> <td id="xdx_98D_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zoqI29UAvYzb" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">12</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zhk7TtGsTTXk" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">3,355</td> <td id="xdx_98E_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zVq4chGvl0ie" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,453</td> <td id="xdx_980_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zyQuz3KI73Gf" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">1,963</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Unallocated items</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zp9iIEwWzb3d" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(1,700)</td> <td id="xdx_98C_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zJfTw3LGHNV3" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(1,698)</td> <td id="xdx_984_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zbZrvmZtkwu3" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Adjusted EBITDA from continuing operations">(2,176)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_403_ecustom--AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization_zlSc9O4faz5h"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Adjusted EBITDA</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15,458</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14,840</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18,601</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_40E_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpense_iN_di_zod2Kb9BuzU"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11(a)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,105)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,057)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,070)</td></tr> <tr id="xdx_40B_ecustom--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLossContinuingOperations_iI_zT0bemtcPZo4"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment and result on disposals of non-current assets, net and other (i)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(5,384)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(55)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(482)</td></tr> <tr id="xdx_40C_ecustom--EbitdaFromAssociatesAndJointVentures_iN_di_z3PyVC8UJqX2"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">EBITDA from associates and joint ventures</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,072)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(940)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(844)</td></tr> <tr id="xdx_400_eifrs-full--ProfitLossFromOperatingActivities_z94T9fEO7KPg"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Operating income</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,897</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10,788</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14,205</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_408_ecustom--ShareOfProfitLossNetOfDividendsReceivedOfAssociatesAndJointVenturesAccountedForUsingEquityMethodContinuingOperations_iN_di_zXUIjk1tUeCe"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Equity results and other results in associates and joint ventures</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">30</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(218)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(269)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,108)</td></tr> <tr id="xdx_404_ecustom--FinanceIncomeCosts_iN_di_z0Z27pKuHFwk"> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial results </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,026)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,823)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,946)</td></tr> <tr id="xdx_404_eifrs-full--ProfitLossBeforeTax_zRD3lirWpEk5"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income before income taxes</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,653</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,696</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,151</td></tr> </table> (i) Includes US$3,578 of impairment losses (2024: US$2,210 and 2023: US$0), US$1,021 of net losses from the write-off of non-current assets (2024: net gains of US$2,511 and 2023: net losses of US$266), and US$785 of expenses to reflect the performance of streaming transactions at market prices (2024: US$356 and 2023: US$216).

11562000000 11598000000 15205000000 2052000000 3166000000 3136000000 189000000 321000000 473000000 13803000000 15085000000 18814000000 714000000 114000000 851000000 2757000000 1521000000 1100000000 -116000000 -182000000 12000000 3355000000 1453000000 1963000000 -1700000000 -1698000000 -2176000000 15458000000 14840000000 18601000000

3105000000

3057000000

3070000000

-5384000000 -55000000 -482000000 1072000000 940000000 844000000

5897000000

10788000000

14205000000

218000000 269000000 1108000000 1026000000 3823000000 1946000000

4653000000

6696000000

11151000000

<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfNetOperatingRevenueByShipmentDestinationExplanatory_pn6n6_zqioD2vQfNZ7" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details 1)"> <tr> <td style="border-left: white 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of net operating revenue by shipment destination</td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: white 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td colspan="9" style="font-family: Times New Roman,serif; text-align: right">Year ended December 31, 2025</td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron Ore Solutions</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; width: 28%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore pellets</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Iron Ore Solutions</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #007E79 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other base metals</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Vale Base Metals</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Net operating revenue</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">China (i)</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zem0HeDrB1wj" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,517</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z4aWQouUwew1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">16</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zQrDIWa5WBm3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z1IV56yXEK7d" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,533</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zHCX5tZFnea3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">523</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zox4qjCF2yWi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">301</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zDAPKSNBBsb7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">48</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zuGKKQw232qe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">872</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zhJ9QGCx7Nxa" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">19,405</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Japan</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z1Srlbx9c5fa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,990</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_ztgGyhQQQ4Ce" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">170</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zDhd8dZ8tMGd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zIV1EbAsNSIb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,162</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z8gy4vlnbDmh" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">263</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zORGgQeMO70k" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_z6d0YtCah1f7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zyHIY6SE9P32" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">263</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember_zuyvdsfpzpui" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,425</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Asia, except Japan and China</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z3Pb4GJmxeii" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,464</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z8t1SgUAXpV8" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">323</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zH7VLZk5wywa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">20</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_ziGx0epcvaXd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,807</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zAzzuv3FgF7g" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">412</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_ziTXfNRUw4hi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">588</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zdAhWrIZ4CHl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">66</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zra40iLQiOih" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,066</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember_z9XWGqpN6I31" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,873</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z2p7xoyN8Pu5" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">979</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zOkkVqusmbd3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,362</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zgpDPiaCSk6h" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">702</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z6XBYyuWmjJ4" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,043</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zRtivPSM0Jjl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">69</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zKpfwBQYIWik" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_za58dyZI4OX3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">23</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zJRGo21tbtig" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">92</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_z92Iq4XRHsJ" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,135</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">United States of America</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zzpLdEpoZrp2" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zK8CB1wIt2r1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">193</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zgGw0GlvqPOd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zxZQ2v655pwl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">193</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z7OgepCIuLNd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">869</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z0UXHjtljyD2" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zgnMqkjAaDGa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">46</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_znaFZaV4d7X8" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">915</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember_z3WOuQzSRgPe" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,108</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Americas, except United States and Brazil</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z4q6ZxGfyhOb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zEC8NWctp817" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">192</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z4Tz6KIAGqW7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z4h63Svz1chk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">192</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z2qaumhzsdI4" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">571</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z9e4UqPGcVS" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zLjxMOvTsFT" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zno5qwbZHH07" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">571</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember_zQTmy2ErW3wi" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">763</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Germany</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z1mQP4rR5hrl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">310</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zTwDJ6W2ugZ3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">138</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zyrd7OTVqwWk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_ztXf4lyrQsC1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">448</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_ziRdC4XXbual" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">574</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zYs0AHDzNat9" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">825</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zcfnOEepp1kk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">6</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zJPv4KKah8Pi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,405</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember_z5bvATZs4Phl" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,853</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Europe, except Germany</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zPf8Yc0Hstkf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">750</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zrTqVwwfHZeb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">89</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zr5xOnYlfjqf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zuxMflnIP2k6" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">839</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zJOxI3tG0Rab" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">953</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zw5kkto1OJfb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,039</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zHbTfbQs3TYk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">40</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zrWi0q55Ilue" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,032</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember_zRLjJkR8uAkd" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,871</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Middle East, Africa, and Oceania</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zHqWxaSvLkd6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zKcipyYzdafa" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,913</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zGe7770oeMT2" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zP58uVDHXAI6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,913</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zdVRjdesLgyg" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">57</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z4KH8QOv6cAk" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zQFsqJx5Xdhi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zLJsm8EsAFU6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">57</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember_z2zU9sN7e31l" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,970</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Net operating revenue</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z4mj45bLhNa3" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">25,010</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z4LIOoyD3qv" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">4,396</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zj9vJw1s6XSf" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">724</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zd1JpLifCMrg" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">30,130</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z8Pd6gkaSfM4" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">4,291</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zoE8x9ewShj1" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,753</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_z6UW02lPYkJ6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">229</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z4CIGw6EI9l5" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">8,273</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20250101__20251231_zLCzlFCsx6F1" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">38,403</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="9" style="font-family: Times New Roman,serif; text-align: right">Year ended December 31, 2024</td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron Ore Solutions</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; width: 28%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore pellets</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Iron Ore Solutions</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #007E79 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other base metals</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Vale Base Metals</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Net operating revenue</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">China (i)</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zdy7CLxWlzLi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,157</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zZtt3pfdDz5i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z5ed30Tu1vMi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zlxfNDTG7pq2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">18,157</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zRDqJh78xzVi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">432</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zczkeis9qIE7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">717</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zxuAtpbKfeul" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">69</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zbuXFDJx7yLi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,218</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zWSw36KAlfRb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">19,375</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Japan</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zeLXzH71n7n6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,380</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zfEyIicjjuuk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">278</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zMO3iOAKe0ec" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zaP3pRcuq08f" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,660</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zqBuDTgK72if" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">360</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zxGoyUFOJIvg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zyE7oumRuyw4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">30</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zqJuSF8MA1Wh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">390</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember_zRciWBgMr5z4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,050</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Asia, except Japan and China</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zNAybk1DJwTe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,040</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z4RWeEqXfweh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">378</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zpgHcuXBm30k" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">11</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zXnOEMdSF8al" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,429</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zxMJkN9ZSqef" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">381</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zw2gN1W0TE51" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">77</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zT1K7a0yk751" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zFmf3oTYeWp8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">458</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember_zR55csdQy0qb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,887</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zfvcjm4Drmue" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,085</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zSDPM337uXL2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,706</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zyNdKiADCNf2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">704</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zB6P1taYjrw8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,495</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zOt23kYrjxCe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">50</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zeNUcMxYTlDh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zKLaZEDO0c51" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">20</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zZvkRUmG0Z9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">70</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zzKE3mzFH178" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,565</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">United States of America</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z0Wo7myHEVee" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">26</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zZR4KIvtY0Rl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">172</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zkCX8PVLoygg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zwkH34AO3h02" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">198</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zX8WzhzD8nRl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">855</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zDh3VMiRZJE1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zhr7ptkxWDz8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">22</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z5uqybeuxqof" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">877</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember_zSilnKVEoPq5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,075</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Americas, except United States and Brazil</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zQtehJBrjq7i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z3j5x1PO6PZd" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">443</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z2QNnjkkvkSg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zl2PL0aDzkX7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">444</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zSl7u6a3LgS9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">429</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zhkKgxmXohul" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">97</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zgNuCvHQmNs2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zqRfKB72Oy4b" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">526</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember_zDUicdxjsKsj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">970</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Germany</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zAKzM3RTZAre" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">316</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zy4ld7bo1R66" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">188</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zXXXdFO4Fkfk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zALNzVIrAwKc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">504</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zYjTT0z4hfd9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">401</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zBahrpD637y5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">562</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zJWfiRR4mKob" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zTkPHq2br6Ng" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">963</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember_zY5dWPXNqjP" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,467</td></tr> <tr style="background-color: white"> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Europe, except Germany</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zJagTVB9o1x9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">794</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zSvnsfEf7GGj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">146</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zm0EbPyOwqPa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z7kpX7ZjXtr3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">940</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zruyqutFGkxi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">727</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zeOhn8waTk47" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,352</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zhKu0lIbYcQ4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zsILwqej5RJc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,079</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember_z9DDx09rXot5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,019</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Middle East, Africa, and Oceania</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zVjsT3yOz9n8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">7</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z1fzWzzWUbOa" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,610</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zfyAqjL7oFXc" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zhmh6rcASaS8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,617</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zwfa0JVrzZOb" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">31</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z9bYbQkC2jc7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zzoAWVSmedTl" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zDpkgLPg34eh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">31</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember_zOxbrQ3ECiDh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,648</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Net operating revenue</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z3JCwiDwKEV8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">24,805</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zPatxNnGq9Jh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">5,921</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z1AHr5RIDtY3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">718</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zuf1Z485mJHj" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">31,444</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z8P73CfNvWPe" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,666</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zZyxaKUERNgh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,805</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zskmjMl41ax2" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">141</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zYtaRPLeXZCa" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">6,612</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20240101__20241231_zXg0wovjggc7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">38,056</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="9" style="font-family: Times New Roman,serif; text-align: right">Year ended December 31, 2023</td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron Ore Solutions</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; width: 28%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore pellets</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Other ferrous products and logistics services</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Iron Ore Solutions</td> <td style="border-bottom: rgb(0,126,121) 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #007E79 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total Vale Base Metals</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Others</td> <td style="border-bottom: #007E79 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Net operating revenue</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">China (i)</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zVNhVxHDKAC8" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">21,061</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zC25X8Dayk3l" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zXa9g4SjgmS1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zkk8jN0RPtej" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">21,063</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zqrgxtGCeDZ" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">693</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zQBGLo3eyqh5" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">454</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zLCR5pkNYpWe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,147</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zbHlSu7q8vKe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zoUD3BkyZ6W2" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">22,210</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Japan</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zsi6A1YyISrg" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,356</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z7rfHhRqF1C" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">279</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_ziocQnWQ1mzb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zYmE9cXyHpli" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,636</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_ziynpfA88bq9" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">583</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zMG0PPfB3aT1" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zT8OTptbqHme" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">583</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zEBNorwwZA5b" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfJapanMember_zLYrheepcC7e" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,219</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Asia, except Japan and China</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z3ORiVrQPTEi" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,691</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zJc1V1dlDCak" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">407</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z36Ln8mONWxa" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">10</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zrfgzUkN2nJh" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,108</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_ziM50i8inrPf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">462</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zZRvhZB0ZNUl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">105</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zMVygMPv2BI3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">567</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zS8dS4aoQW1j" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptJapanAndChinaMember_zGfS9Z82QYpl" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,675</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zVqVM2WYG3uh" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,370</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zSLG2K7DxQmk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,684</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zE75ow40szrc" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">502</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zFLqNqH4NlC3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,556</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zRG9aoIWyfsl" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">63</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zTcAsIvYvh9d" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z2m2255p5Cya" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">63</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zKTurlcFiqtd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">136</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zUhEFAQdAN75" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,755</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">United States of America</td> <td id="xdx_986_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zPLKpzEwR3ac" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zfezDkrpYvX" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">262</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z1JycmFIV7J9" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_ziUZOW1s2Xr3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">262</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z6sCMOCmpIQ6" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,361</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zAtgjG46RVCf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zxELvxgpnAKd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,361</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_z3zBlR4jskSe" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfUnitedStatesOfAmericaMember_zZ43jjexGPgl" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,623</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Americas, except United States and Brazil</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zE509AiSvSEd" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zQW8pn6oRSzk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">398</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zqMpbvY69xK" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zRZYSTCxIBD2" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">400</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zs61MMIK0HSc" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">456</td> <td id="xdx_98E_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zmDiA6hTpWl4" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">41</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zKKeOAQxc8lg" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">497</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zLv1i1T0NOta" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptUnitedStatesAndBrazilMember_zHDNBOz4u677" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">897</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Germany</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zak41VEbyU63" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">244</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z446xmLWFRpg" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">55</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_z5S0iQBmnO7d" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z6ipH2iDWs4c" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">301</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zIOqK5vHTk57" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">458</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zr3awPnNchL7" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">592</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zQYIPYdBsEDb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,050</td> <td id="xdx_989_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zN6roOdHSKWk" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--CountryOfGermanyMember_zalLObuk5M2" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,351</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Europe, except Germany</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zd9vJXzffsyf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,037</td> <td id="xdx_98D_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zbfeHk9Pd6Mb" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">374</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zLaD7IhT5hxf" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zR4yRAva3M01" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,411</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zC0VXISMbVia" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,082</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_z1JPOZZDHVal" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">1,184</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zHtBdVEclik3" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,266</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zi95qqpGxi13" style="border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--EuropeExceptGermanyMember_zCqsBX2u2vag" style="border-right: white 1pt solid; border-bottom: #DBDBDB 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">3,677</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Middle East, Africa, and Oceania</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zNaqfdb7jspk" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zb1CqTV2pOpi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,342</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zPkz1apbXrCi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z4oxbv1cJTa7" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,342</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_zFgLwsI3gVpg" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">35</td> <td id="xdx_980_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zmQi52a0oV3e" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zzPe3KskLsZi" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">35</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zdBGwbMJlpxf" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">–</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--GeographicalAreasAxis__custom--MiddleEastAfricaAndOceaniaMember_zSQn6y9BGdJf" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,377</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Net operating revenue</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zS9nPmeZ8aL2" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">27,760</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zqeL8O11XCbh" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">5,803</td> <td id="xdx_98C_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zm1KrWWlppi6" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">516</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zscEjO7HTsT2" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">34,079</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--NickelAndOtherProductsMember_z0Bb60Y80T4b" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">5,193</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zxtik9MRTvR1" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">2,376</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zw0iBumflOKe" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">7,569</td> <td id="xdx_981_eifrs-full--Revenue_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zsydvx4OnR0l" style="border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">136</td> <td id="xdx_987_eifrs-full--Revenue_pn6n6_c20230101__20231231_z5XzLaX5bsh9" style="border-right: white 1pt solid; border-bottom: #007E7A 1pt solid; border-left: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net operating revenue">41,784</td></tr> </table> (i) Includes operating revenue of China Mainland in the amount of US$19,038 (2024: US$18,556 and 2023: US$21,577) and Taiwan in the amount of US$367 (2024: US$819 and 2023: US$633).

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<table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfCostOfGoodsSoldAndServicesRenderedTableTextBlock_pn6n6_zgWyMZfl3bE5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details 2)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of cost of goods sold and services rendered</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-top: teal 1pt solid; border-bottom: teal 1pt solid; width: 55%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: teal 1pt solid; border-bottom: #007E79 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: teal 1pt solid; border-bottom: #007E79 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: teal 1pt solid; border-bottom: #007E79 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore</td> <td id="xdx_981_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_ze2XY0L4RDFe" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">13,488</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_znVD5vmUbgti" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">12,846</td> <td id="xdx_98D_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zw6T6ZdYiQqg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">12,357</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Pellets</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zzGDloZjvkD5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">2,516</td> <td id="xdx_987_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zoHEWuIGiVy1" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">2,920</td> <td id="xdx_985_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zcDtkXZzRvKf" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">2,759</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other ferrous products and logistics services</td> <td id="xdx_986_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_znFCvXnKkoQ3" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">608</td> <td id="xdx_985_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zA7KY58DbwVk" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">556</td> <td id="xdx_984_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherFerrousProductsAndServicesMember_zzs1Y3Wlujl7" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">335</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_zcxRBbjqLzwd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">16,612</td> <td id="xdx_988_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z8y5ECPHXsq5" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">16,322</td> <td id="xdx_986_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--IronSolutionsMember_z7XzXkWKj4Sk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">15,451</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Nickel</td> <td id="xdx_985_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zGaT2YYOOgrj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">3,513</td> <td id="xdx_98E_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zQ6rXiU8ze5f" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">3,414</td> <td id="xdx_98B_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--NickelMember_zAdTn35r7wQ7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">4,169</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Copper</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zhkIZFamd64c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">1,646</td> <td id="xdx_98B_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zFq4OcV6vIC2" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">1,472</td> <td id="xdx_983_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zoVf6iqFPvRe" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">1,357</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other base metals</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zzr5Zt29dMO6" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">217</td> <td id="xdx_98E_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zJZNQ7jpCr6c" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">154</td> <td id="xdx_983_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherEnergyTransitionMetalsMember_zyI5WJ0PZF88" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">–</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zig7eKFE56dj" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">5,376</td> <td id="xdx_981_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zfC1eqJXOpX6" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">5,040</td> <td id="xdx_98B_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zi3UiOvhecIj" style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">5,526</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zPlScjyR6Ycl" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">–</td> <td id="xdx_98A_eifrs-full--CostOfSales_pn6n6_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zYw9UDJNxctl" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">–</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20230101__20231231__ifrs-full--ProductsAndServicesAxis__custom--OtherMember_zXzP2D5sd2o6" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">196</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td id="xdx_98E_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_pn6n6_c20250101__20251231_z5Y9VMbFpZj1" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">2,959</td> <td id="xdx_987_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_pn6n6_c20240101__20241231_zJ8P5ZjD7PAf" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">2,903</td> <td id="xdx_983_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_pn6n6_c20230101__20231231_zKIShuXeuYvg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">2,916</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost of goods sold and services rendered</td> <td id="xdx_989_eifrs-full--CostOfSales_pn6n6_c20250101__20251231_zqAWOZWOkqck" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">24,947</td> <td id="xdx_98C_eifrs-full--CostOfSales_pn6n6_c20240101__20241231_zjsFS4eKZ3f8" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">24,265</td> <td id="xdx_986_eifrs-full--CostOfSales_pn6n6_c20230101__20231231_zYsVH4AsiZIi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost of goods sold and services rendered">24,089</td></tr> </table>

13488000000

12846000000

12357000000

2516000000

2920000000

2759000000

608000000

556000000

335000000

16612000000

16322000000

15451000000

3513000000

3414000000

4169000000

1646000000

1472000000

1357000000

217000000

154000000

5376000000

5040000000

5526000000

196000000

2959000000 2903000000 2916000000

24947000000

24265000000

24089000000

<table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfGeographicalAreasExplanatory_zbiqTbOAzfJi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Information by business segment and geographic area (Details 3)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of assets by geographic area</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: white 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="4" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="4" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; width: 26%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Investments in associates and joint ventures</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Intangible</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Property, plant and equipment</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Investments in associates and joint ventures</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Intangible</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Property, plant and equipment</td> <td style="border-bottom: #007E79 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_985_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zZwf2sleEv5k" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">2,593</td> <td id="xdx_98E_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zp9ZYGV3lphg" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8,944</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zuHGa6GlH9S7" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">33,755</td> <td id="xdx_98D_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zRyIHR4VknEg" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">45,292</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zdOPutlOmb4e" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">2,046</td> <td id="xdx_985_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zSowlmhg4CTk" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8,847</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zliWjRn4iTqh" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">28,706</td> <td id="xdx_980_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zBgPlSrySgH6" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">39,599</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Canada</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zfl5PyDO8pH1" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zWkPtRq2mBI4" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">8,054</td> <td id="xdx_985_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zLllpEK6PYbb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">8,062</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zUN338XjocXl" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">1,666</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_z2Yu6Pn3GhHc" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">9,452</td> <td id="xdx_983_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zG6LZPzFuYng" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">11,118</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Americas, except Brazil and Canada</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zZrqVEtfHMZe" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">4</td> <td id="xdx_983_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zkt8OzwUFxsi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zRf2KJu95h4h" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">3</td> <td id="xdx_989_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AmericasExceptBrazilAndCanadaMember_zIeRZqco5Yel" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">3</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Indonesia </td> <td id="xdx_980_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zIItWWIXnOCd" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">1,842</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zG4v67CpSdD" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">63</td> <td id="xdx_984_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zNEMKhAmdkYb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,905</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zWZ7RtACjlNi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">1,885</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zOWgdTufiw5d" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">61</td> <td id="xdx_98A_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfIndonesiaMember_zZgfodU0CRZ8" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,946</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">China</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zA8oYR2GDaM8" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">1</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_z4WGd100kaZi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">3</td> <td id="xdx_98B_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zMPMWsv3MGZh" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_z9L8OtbPUkGb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">1</td> <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_zuSTYt2WkITb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">4</td> <td id="xdx_982_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfChinaMember_z2PCyQdYQiaf" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">5</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Asia, except Indonesia and China</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zLc5yYzE2Db3" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">623</td> <td id="xdx_98E_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zBkQVfKnWJm3" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">623</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zqU5biSxSO4c" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">654</td> <td id="xdx_982_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--AsiaExceptChinaAndIndonesiaMember_zDGrdD5q9Mz7" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">654</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Europe</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zBG4CfNqRR2k" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">617</td> <td id="xdx_98C_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zsOW8PkRgwAf" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">617</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zZgxbS8dftza" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">589</td> <td id="xdx_98B_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfEuropeMember_zv2iQLbPQS65" style="border-right: white 1pt solid; border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">589</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Oman</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zaf5KHhBLF6i" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">594</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zzQATiKMGmig" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">506</td> <td id="xdx_988_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_z9rmh6jEbUog" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,100</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zc2QcAJqDXYg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">616</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zrjUCnuDzNd6" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">515</td> <td id="xdx_984_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zJGa80XBx2Ja" style="border-right: white 1pt solid; border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,131</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_986_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iI_pn6n6_c20251231_zTBewudZFijk" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">5,029</td> <td id="xdx_988_eifrs-full--IntangibleAssetsAndGoodwill_iI_pn6n6_c20251231_zKpteGRhdd7b" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">8,953</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231_zI5xQmAYhZD3" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">43,625</td> <td id="xdx_983_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_iI_pn6n6_c20251231_zeBpNyJrYwgd" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">57,607</td> <td id="xdx_983_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_pn6n6_c20241231_znyZKc44eW2k" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in associates and joint ventures">4,547</td> <td id="xdx_98B_eifrs-full--IntangibleAssetsAndGoodwill_pn6n6_c20241231_zdPQu58wdY07" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible">10,514</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_pn6n6_c20241231_zDHHU75t3Awg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment">39,984</td> <td id="xdx_98F_ecustom--InvestmentsInSubsidiariesJointVenturesAndAssociatesIntangibleAssetsAndGoodwillAndPropertyPlantAndEquipment_pn6n6_c20241231_zhGzFhdP3MS7" style="border-right: white 1pt solid; border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">55,045</td></tr> </table>

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39984000000

55045000000

Revenue from sales - Revenue from sales is recognized when control of a good or service is transferred to a customer. Given the diverse shipping terms associated with Vale's sales, revenue may be recognized at various stages: (i) when the product is available at the loading port, (ii) upon loading onto the ship, (iii) at the port of discharge, or (iv) at the customer's warehouse. A substantial portion of Vale's sales operates under Cost and Freight ("CFR") and Cost, Insurance, and Freight ("CIF") Incoterms. In these instances, where the Company provides shipping services after the transfer of control, such services are treated as a distinct performance obligation. A portion of the transaction price is allocated and recognized over time as the shipping services are rendered. Typically, contract payment terms involve upfront payments or the utilization of letters of credit. These terms generally do not have a significant financing component. Occasionally, sale prices are provisionally set at the sale date, with subsequent adjustments based on market fluctuations or contractual terms until the final pricing date. Revenue recognition is based on the estimated fair value of the total consideration receivable. The provisional pricing mechanism embedded in these sales arrangements is deemed to have the characteristics of a derivative. Consequently, the fair value of the final sale price adjustment is continuously reassessed, and any changes are recognized as operational revenue in the income statement.

4. Costs and expenses by nature a) Cost of goods sold, and services rendered <table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfCostOfSalesExplanatory_pn6n6_zCibMJMwLmj9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Costs and expenses by nature (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of cost of goods sold and services rendered</td> <td id="xdx_495_20250101__20251231_z1kq0i7ydjlh" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_499_20240101__20241231_zq3ReM22GbLd" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_495_20230101__20231231_zXnJLFmvGmW5" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E79 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40D_eifrs-full--TransportationExpense_maCOSzOnH_z6nx3OfOtBcl"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Shipping and other freight costs</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,990</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,015</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,523</td></tr> <tr id="xdx_403_eifrs-full--ServicesExpense_maCOSzOnH_zH4OiA7qGTBi"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Services</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,879</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,509</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,131</td></tr> <tr id="xdx_406_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_maCOSzOnH_zxVODRPHkF2g"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,959</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,903</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,916</td></tr> <tr id="xdx_40E_ecustom--EmployeeBenefitsExpenseCostOfGoodsSoldAndServices_maCOSzOnH_zLRX3tw5UWzl"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Personnel</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,892</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,689</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,931</td></tr> <tr id="xdx_40C_eifrs-full--RawMaterialsAndConsumablesUsed_maCOSzOnH_zgsdf8Rrw9v5"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Materials</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,828</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,758</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,731</td></tr> <tr id="xdx_400_ecustom--CostOfAcquisitionOfProducts_maCOSzOnH_z1IuUonJAmSj"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Acquisition of products</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,620</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,980</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,254</td></tr> <tr id="xdx_40F_eifrs-full--RoyaltyExpense_maCOSzOnH_zNg8ZNm7qVeb"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Royalties </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,274</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,282</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,286</td></tr> <tr id="xdx_40F_eifrs-full--FuelExpense_maCOSzOnH_zPbPxxUATvA7"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fuel, oil and gas</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,159</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,399</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,626</td></tr> <tr id="xdx_408_eifrs-full--EnergyExpense_maCOSzOnH_zuYMkMn398uj"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">596</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">653</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">781</td></tr> <tr id="xdx_401_ecustom--OtherCostOfGoodsSoldAndServices_maCOSzOnH_zne0dDRB8KJf"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">750</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,077</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">910</td></tr> <tr id="xdx_40F_eifrs-full--CostOfSales_iT_mtCOSzOnH_za893iKIUr9i"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24,947</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24,265</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24,089</td></tr> </table> b) Selling and administrative expenses <table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfGeneralAndAdministrativeExpenseExplanatory_pn6n6_z2jmtJQLcrZe" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Costs and expenses by nature (Details 1)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of selling and administrative expenses</td> <td id="xdx_499_20250101__20251231_zqN2ryGtza0g" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49D_20240101__20241231_zlUavY7m8xp" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49E_20230101__20231231_zH6P8F9TdMvh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E79 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_401_ecustom--EmployeeBenefitsExpenseSellingAndAdministrative_maSGAAEzhGz_znQdqdbmlEve"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Personnel</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">252</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">266</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">243</td></tr> <tr id="xdx_407_ecustom--ServicesExpenseSellingAndAdministrative_maSGAAEzhGz_zDeYutudWpaj"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Services</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">159</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">161</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td></tr> <tr id="xdx_404_ecustom--DepreciationAndAmortizationSellingAndAdministrative_maSGAAEzhGz_zMc3MqVS6f26"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation and amortization</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">72</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">56</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">47</td></tr> <tr id="xdx_40E_eifrs-full--OtherExpenseByNature_maSGAAEzhGz_zp5lRh50MyT2"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">158</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">139</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">109</td></tr> <tr id="xdx_404_eifrs-full--SellingGeneralAndAdministrativeExpense_iT_pn6n6_mtSGAAEzhGz_z37cYOaHzvDl"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">641</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">622</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">553</td></tr> </table> c) Other operating expenses (revenue), net <table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfOtherOperatingIncomeExpenseExplanatory_pn6n6_z4GDP0CfAQSb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Costs and expenses by nature (Details 2)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of other operating revenues expenses, net</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_498_20250101__20251231_zf754iL5Mox" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_494_20240101__20241231_zbfJzaacPf7i" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_496_20230101__20231231_zWrUAd9JTjlg" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 51%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_404_ecustom--ExpensesRelatedToBrumadinhoEvent_maOOIEzmfU_zvf9OcpnLK5f"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses related to Brumadinho event</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">25</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">596</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">483</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">930</td></tr> <tr id="xdx_404_ecustom--ReversalIncreaseInProvisionsRelatedToDecharacterizationOfDamAndAssetDecommissioningObligation_maOOIEzmfU_zdewWoWzn4Kb"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Increase (reversal) in provisions related to de-characterization of dam and asset decommissioning obligation, net</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(172)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">229</td></tr> <tr id="xdx_404_ecustom--ProvisionForLitigations_maOOIEzmfU_zATpj0H1Bvxh"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision for litigations</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">27(a)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">238</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">303</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">229</td></tr> <tr id="xdx_408_ecustom--PostEmploymentBenefitExpenseDefinedContributionPlansOtherOperationalExpenses_maOOIEzmfU_zXSw2IYhrHE3"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Profit sharing program</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">149</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">189</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">147</td></tr> <tr id="xdx_409_ecustom--ExpensesRelatedWithSocioenvironmentalCommitments_maOOIEzmfU_zXI1iTvNcGe4"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses related to socio-environmental commitments</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">134</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">360</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">181</td></tr> <tr id="xdx_409_ecustom--OperatingExpensesByNatureOthers_maOOIEzmfU_zrBodjCcF9hg"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">228</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">326</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(218)</td></tr> <tr id="xdx_40D_ecustom--OtherOperatingIncomeExpenses_iT_pn6n6_mtOOIEzmfU_zykzYPOQQ0ia"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,358</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,489</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,498</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfCostOfSalesExplanatory_pn6n6_zCibMJMwLmj9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Costs and expenses by nature (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of cost of goods sold and services rendered</td> <td id="xdx_495_20250101__20251231_z1kq0i7ydjlh" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_499_20240101__20241231_zq3ReM22GbLd" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_495_20230101__20231231_zXnJLFmvGmW5" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E79 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E79 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40D_eifrs-full--TransportationExpense_maCOSzOnH_z6nx3OfOtBcl"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Shipping and other freight costs</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,990</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,015</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,523</td></tr> <tr id="xdx_403_eifrs-full--ServicesExpense_maCOSzOnH_zH4OiA7qGTBi"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Services</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,879</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,509</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,131</td></tr> <tr id="xdx_406_ecustom--DepreciationAndDepletionExpenseCostGoodsSoldAndServices_maCOSzOnH_zxVODRPHkF2g"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,959</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,903</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,916</td></tr> <tr id="xdx_40E_ecustom--EmployeeBenefitsExpenseCostOfGoodsSoldAndServices_maCOSzOnH_zLRX3tw5UWzl"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Personnel</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,892</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,689</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,931</td></tr> <tr id="xdx_40C_eifrs-full--RawMaterialsAndConsumablesUsed_maCOSzOnH_zgsdf8Rrw9v5"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Materials</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,828</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,758</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,731</td></tr> <tr id="xdx_400_ecustom--CostOfAcquisitionOfProducts_maCOSzOnH_z1IuUonJAmSj"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Acquisition of products</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,620</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,980</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,254</td></tr> <tr id="xdx_40F_eifrs-full--RoyaltyExpense_maCOSzOnH_zNg8ZNm7qVeb"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Royalties </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,274</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,282</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,286</td></tr> <tr id="xdx_40F_eifrs-full--FuelExpense_maCOSzOnH_zPbPxxUATvA7"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fuel, oil and gas</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,159</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,399</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,626</td></tr> <tr id="xdx_408_eifrs-full--EnergyExpense_maCOSzOnH_zuYMkMn398uj"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">596</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">653</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">781</td></tr> <tr id="xdx_401_ecustom--OtherCostOfGoodsSoldAndServices_maCOSzOnH_zne0dDRB8KJf"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">750</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,077</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">910</td></tr> <tr id="xdx_40F_eifrs-full--CostOfSales_iT_mtCOSzOnH_za893iKIUr9i"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24,947</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24,265</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24,089</td></tr> </table>

4990000000

5015000000

4523000000

4879000000

4509000000

4131000000

2959000000 2903000000 2916000000 2892000000 2689000000 2931000000

2828000000

2758000000

2731000000

2620000000 1980000000 2254000000

1274000000

1282000000

1286000000

1159000000

1399000000

1626000000

596000000

653000000

781000000

750000000 1077000000 910000000

24947000000

24265000000

24089000000

<table cellpadding="0" cellspacing="0" id="xdx_895_eifrs-full--DisclosureOfGeneralAndAdministrativeExpenseExplanatory_pn6n6_z2jmtJQLcrZe" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Costs and expenses by nature (Details 1)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of selling and administrative expenses</td> <td id="xdx_499_20250101__20251231_zqN2ryGtza0g" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49D_20240101__20241231_zlUavY7m8xp" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49E_20230101__20231231_zH6P8F9TdMvh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E79 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E79 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_401_ecustom--EmployeeBenefitsExpenseSellingAndAdministrative_maSGAAEzhGz_znQdqdbmlEve"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Personnel</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">252</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">266</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">243</td></tr> <tr id="xdx_407_ecustom--ServicesExpenseSellingAndAdministrative_maSGAAEzhGz_zDeYutudWpaj"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Services</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">159</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">161</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td></tr> <tr id="xdx_404_ecustom--DepreciationAndAmortizationSellingAndAdministrative_maSGAAEzhGz_zMc3MqVS6f26"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation and amortization</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">72</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">56</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">47</td></tr> <tr id="xdx_40E_eifrs-full--OtherExpenseByNature_maSGAAEzhGz_zp5lRh50MyT2"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">158</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">139</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">109</td></tr> <tr id="xdx_404_eifrs-full--SellingGeneralAndAdministrativeExpense_iT_pn6n6_mtSGAAEzhGz_z37cYOaHzvDl"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">641</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">622</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">553</td></tr> </table>

252000000 266000000 243000000 159000000 161000000 154000000 72000000 56000000 47000000

158000000

139000000

109000000

641000000

622000000

553000000

<table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfOtherOperatingIncomeExpenseExplanatory_pn6n6_z4GDP0CfAQSb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Costs and expenses by nature (Details 2)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of other operating revenues expenses, net</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_498_20250101__20251231_zf754iL5Mox" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_494_20240101__20241231_zbfJzaacPf7i" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_496_20230101__20231231_zWrUAd9JTjlg" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 51%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_404_ecustom--ExpensesRelatedToBrumadinhoEvent_maOOIEzmfU_zvf9OcpnLK5f"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses related to Brumadinho event</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">25</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">596</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">483</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">930</td></tr> <tr id="xdx_404_ecustom--ReversalIncreaseInProvisionsRelatedToDecharacterizationOfDamAndAssetDecommissioningObligation_maOOIEzmfU_zdewWoWzn4Kb"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Increase (reversal) in provisions related to de-characterization of dam and asset decommissioning obligation, net</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(172)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">229</td></tr> <tr id="xdx_404_ecustom--ProvisionForLitigations_maOOIEzmfU_zATpj0H1Bvxh"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision for litigations</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">27(a)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">238</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">303</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">229</td></tr> <tr id="xdx_408_ecustom--PostEmploymentBenefitExpenseDefinedContributionPlansOtherOperationalExpenses_maOOIEzmfU_zXSw2IYhrHE3"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Profit sharing program</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">149</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">189</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">147</td></tr> <tr id="xdx_409_ecustom--ExpensesRelatedWithSocioenvironmentalCommitments_maOOIEzmfU_zXI1iTvNcGe4"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses related to socio-environmental commitments</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">134</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">360</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">181</td></tr> <tr id="xdx_409_ecustom--OperatingExpensesByNatureOthers_maOOIEzmfU_zrBodjCcF9hg"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">228</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">326</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(218)</td></tr> <tr id="xdx_40D_ecustom--OtherOperatingIncomeExpenses_iT_pn6n6_mtOOIEzmfU_zykzYPOQQ0ia"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,358</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,489</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,498</td></tr> </table>

596000000 483000000 930000000 13000000 -172000000 229000000 238000000 303000000 229000000 149000000 189000000 147000000 134000000 360000000 181000000 228000000 326000000 -218000000 1358000000 1489000000 1498000000

5. Taxes a) Income tax reconciliation The reconciliation of the taxes calculated according to the nominal tax rates and the amount of taxes recorded is shown below: <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--EffectiveIncomeTaxRateReconciliationTableTextBlock_pn6n6_zFRCr3mJvNj6" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of income tax reconciliation</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_491_20250101__20251231_zWuo0lrm3435" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231_zjvG2kBJalQh" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49C_20230101__20231231_za9Wo290oVga" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 52%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40F_eifrs-full--AccountingProfit_zWriky3bJhe7"> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income before income taxes</td> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,653</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,696</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,151</td></tr> <tr id="xdx_406_ecustom--IncomeTaxesAtStatutoryRate34_zzGzSetfRWf9"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes at statutory rate (34%)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,582)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,277)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,791)</td></tr> <tr id="xdx_401_eifrs-full--ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract_iB"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Adjustments that affect the taxes basis:</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40A_ecustom--WriteoffRecognitionOfDeferredTaxAssetsOnTaxLossesAndOtherNatures_i01_z1Tsa6SebN5g"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">(Write-off) recognition of deferred tax assets on tax losses and other natures (i)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,832)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">490</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">294</td></tr> <tr id="xdx_404_ecustom--TaxEffectOfTaxIncentives_i01_zX4RNqb9tEgl"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax incentives</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,070</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">666</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,071</td></tr> <tr id="xdx_403_ecustom--InterestOnCapital_i01_zm53wLNMribe"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on capital</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,022</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">762</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">789</td></tr> <tr id="xdx_40E_ecustom--EffectsOnTaxComputationOfForeignOperations_i01_zEqBOQbhorE5"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Effects on tax computation of foreign operations</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(283)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(406)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(102)</td></tr> <tr id="xdx_407_ecustom--DeductionOfCsllInBrazil_i01_zm6WJ8Gr2lyd"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deduction of CSLL in Brazil</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5(d)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">128</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr id="xdx_40F_ecustom--ProvisionRelatedToSamarco_i01_z3FnQ3XicXtl"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision related to Samarco </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">26(a)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(125)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(361)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(404)</td></tr> <tr id="xdx_402_ecustom--TaxEffectsArisingFromDivestmentsAndAcquisitionsNet_i01_zZ5tYcP84xb4"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax effects arising from divestments and acquisitions, net</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(122)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">651</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr id="xdx_402_ecustom--TaxEffectOfEquityResults_i01_zz8hOAg3rtN5"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Equity results</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">123</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">103</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">88</td></tr> <tr id="xdx_40F_ecustom--ReversalOfDeferredIncomeTaxRelatedToRenovaFoundation_i01_zILCXa7Cg739"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Reversal of deferred income tax related to Renova Foundation</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,078)</td></tr> <tr id="xdx_40C_eifrs-full--OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_i01_zIDP32fCPQUi"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(69)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(349)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">87</td></tr> <tr id="xdx_400_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zUjodPvxhPs3"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,670)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(721)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,046)</td></tr> <tr id="xdx_40A_eifrs-full--CurrentTaxExpenseIncome_zQTRj4RXQaI2"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Current tax</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">76</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,008)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,375)</td></tr> <tr id="xdx_40A_eifrs-full--DeferredTaxExpenseIncome_zV4tgRkOZY2i"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Deferred tax</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,746)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,287</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,671)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_c20250101__20251231_zpfKKCaVrrB8" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Income taxes">(2,670)</td> <td id="xdx_980_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_c20240101__20241231_zTtDLZ7cFjrj" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Income taxes">(721)</td> <td id="xdx_982_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_c20230101__20231231_zag3ZUK6bi6e" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Income taxes">(3,046)</td></tr> </table> (i) For the year ended December 31, 2025, the balance substantially relates to the write-off of deferred tax assets on tax loss carryforwards resulting from the update of the estimated future taxable profits in subsidiaries in Canada and Switzerland, mainly due to changes in long-term assumptions. Consequently, there is a tax loss carryforward balance amounting to U$$6,352 (2024: US$4,002), related to Vale S.A.’s subsidiaries, for which no deferred tax asset has been recognized as of December 31, 2025. b) Deferred income tax assets and liabilities Tax loss carryforward does not expire in the Brazilian jurisdiction and their compensation is limited to 30% of the taxable income for the year. <table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_pn6n6_zvwARuQSrOh5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 1)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of deferred income tax assets and liabilities</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-top: #007E7A 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Deferred tax assets</td> <td colspan="2" style="border-top: #007E7A 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Deferred tax liabilities</td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 32%; font-family: Times New Roman,serif; line-height: 112%">December 31,</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Taxes losses carryforward</td> <td id="xdx_989_ecustom--DeferredTaxAssetsTaxesLossesCarryforward_iI_c20251231_zg2yfSU3ICQb" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets taxes losses carryforward">3,617</td> <td id="xdx_98E_ecustom--DeferredTaxAssetsTaxesLossesCarryforward_iI_c20241231_zcVBOZ5SMDU3" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets taxes losses carryforward">5,516</td> <td id="xdx_985_ecustom--DeferredTaxLiabilitiesTaxesLossesCarryforward_iI_c20251231_zZvizY0lVCY1" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities taxes losses carryforward">–</td> <td id="xdx_985_ecustom--DeferredTaxLiabilitiesTaxesLossesCarryforward_iI_c20241231_zyGgAA6BJwUe" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities taxes losses carryforward">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Temporary differences:</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Asset retirement obligations and other liabilities</td> <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_zC4RmtgGiVi3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">2,862</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_zfWSGh3F1Oo3" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">2,829</td> <td id="xdx_981_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_z40L55TyDkVc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(633)</td> <td id="xdx_980_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_zRUjN7KKOQN7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(509)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Fair value of financial instruments</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfFinancialInstrumentsMember_zDJc8igxKq68" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">645</td> <td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfFinancialInstrumentsMember_z2qz99kRbb61" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">932</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Employee post-retirement obligation</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--EmployeePostRetirementObligationsMember_zlv3IvMnLeRh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">396</td> <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--EmployeePostRetirementObligationsMember_zfowR5rFhVgi" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">368</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Provision for litigation</td> <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ProvisionForLitigationMember_zpbOuG5cI7p5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">333</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ProvisionForLitigationMember_zIjrdrWZ4ld2" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">327</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Fair value of property, plant and equipment and intangibles in business combination</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfPropertyPlantAndEquipmentInBusinessCombinationMember_zORaj7JfitV1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(930)</td> <td id="xdx_980_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfPropertyPlantAndEquipmentInBusinessCombinationMember_zRYlOrN4Sove" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(1,695)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Goodwill amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--GoodwillAmortizationMember_zSLD54w0gluh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(527)</td> <td id="xdx_982_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--GoodwillAmortizationMember_zAhvYcHoQWoc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(462)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Other</td> <td id="xdx_98F_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zD43lpofhNAa" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">448</td> <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zizJBU8iQcXf" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">494</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_986_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zI0EVmLfHwH4" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">8,301</td> <td id="xdx_98F_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zXkxlZgjcfLd" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">10,466</td> <td id="xdx_98F_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zbedcn4IUpx" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(2,090)</td> <td id="xdx_988_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zkz6GPln38qa" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(2,666)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Financial position</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets</td> <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231_zbMjY8ftiLFk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">6,318</td> <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231_z1BxsFttnnH9" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">8,244</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231_z3aww4WCarKk" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(107)</td> <td id="xdx_98B_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231_zLPA97WSFaz3" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(445)</td></tr> </table> The following table shows the changes in deferred tax assets and liability: <table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfDeferredTaxesExplanatory_pn6n6_zAq43mgaJnHi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 2)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in deferred tax assets and liability</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="border-bottom: teal 1pt solid; width: 61%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Assets</td> <td style="border-bottom: teal 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Liabilities</td> <td style="border-bottom: teal 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Deferred taxes, net</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td id="xdx_987_eifrs-full--DeferredTaxAssets_iS_pn6n6_c20240101__20241231_zbbfLde9ZI7i" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Assets">9,565</td> <td id="xdx_988_eifrs-full--DeferredTaxLiabilities_iS_pn6n6_c20240101__20241231_zeMdhgELz2qb" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Liabilities">870</td> <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iS_pn6n6_c20240101__20241231_zAnaGW7un4P5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Deferred taxes net">8,695</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Taxes losses carryforward</td> <td id="xdx_98C_ecustom--DeferredTaxExpenseIncomeRecognisedInProfitOrLossDeferredTaxAssets_pn6n6_c20240101__20241231_z0C7xFlrYPhe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Assets">937</td> <td id="xdx_98E_ecustom--TaxesLossesCarryforwardLiabilities_pn6n6_c20240101__20241231_zaJAeUUODwF6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Liabilities">–</td> <td id="xdx_985_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn6n6_c20240101__20241231_zLyU7aj4oT1a" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Deferred taxes net">937</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Provision for asset retirement obligations and other liabilities</td> <td id="xdx_987_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesAssets_pn6n6_c20240101__20241231_zhjTyWax0zJb" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Assets">(361)</td> <td id="xdx_980_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilities_pn6n6_c20240101__20241231_zzAGqb49ewgd" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Liabilities">18</td> <td id="xdx_98E_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesDeferredTaxesNet_pn6n6_c20240101__20241231_zTZsIPXkKtA4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Deferred taxes net">(379)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of financial instruments</td> <td id="xdx_987_ecustom--FairValueOfFinancialInstrumentsDeferredTaxAssets_pn6n6_c20240101__20241231_z3ey4AEIbmyg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Assets">393</td> <td id="xdx_988_ecustom--FairValueOfFinancialInstrumentsDeferredTaxLiabilities_pn6n6_c20240101__20241231_za5TmXKcB2w1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Liabilities">–</td> <td id="xdx_980_ecustom--FairValueOfFinancialInstruments_pn6n6_c20240101__20241231_zD88NL79OP51" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Deferred taxes net">393</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of intangibles and property, plant and equipment in business combination</td> <td id="xdx_98F_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationAssets_pn6n6_c20240101__20241231_zyxxRtyrLzda" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Assets">–</td> <td id="xdx_986_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationLiabilities_pn6n6_c20240101__20241231_zCe23DmkbAx6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Liabilities">(397)</td> <td id="xdx_988_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationDeferredTaxesNet_pn6n6_c20240101__20241231_zid4AvsVmlK7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Deferred taxes net">397</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_987_ecustom--OtherDeferredTaxAssets_pn6n6_c20240101__20241231_z7LpcjXmLYx2" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Assets">(61)</td> <td id="xdx_983_ecustom--OtherDeferredTaxLiabilities_pn6n6_c20240101__20241231_z9OOWtkjcEqh" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Liabilities">–</td> <td id="xdx_981_ecustom--OtherDeferredTaxNet_pn6n6_c20240101__20241231_zEUv1Yt3aNA8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Deferred taxes net">(61)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect in income statement</td> <td id="xdx_986_ecustom--EffectInIncomeStatementDeferredTaxAssets_pn6n6_c20240101__20241231_zFTAdAtiznef" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Assets">908</td> <td id="xdx_98A_ecustom--EffectInIncomeStatementDeferredTaxLiability_pn6n6_c20240101__20241231_zPiOGYyV3ame" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Liabilities">(379)</td> <td id="xdx_981_ecustom--EffectInIncomeStatement_pn6n6_c20240101__20241231_zuuR3q3fDFs2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Deferred taxes net">1,287</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Employee post-retirement obligation</td> <td id="xdx_985_ecustom--EmployeePostretirementObligationAssets_pn6n6_c20240101__20241231_zm7GhuPHwHH9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Assets">(20)</td> <td id="xdx_98C_ecustom--EmployeePostretirementObligationLiabilities_pn6n6_c20240101__20241231_zlGe4mdeb3A9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Liabilities">26</td> <td id="xdx_98F_ecustom--EmployeePostretirementObligation_pn6n6_c20240101__20241231_zpx8Bdwygw6j" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Deferred taxes net">(46)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of financial instruments</td> <td id="xdx_980_ecustom--FairValueOfFinancialInstrumentsAssets_pn6n6_c20240101__20241231_z7DoDNyWdUO6" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Assets">(1)</td> <td id="xdx_98E_ecustom--FairValueOfFinancialInstrumentsLiabilities_pn6n6_c20240101__20241231_zA9kXbqUhc7k" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Liabilities">–</td> <td id="xdx_983_ecustom--FairValueOfFinancialInstrumentsDeferredTaxesNet_pn6n6_c20240101__20241231_zcYyjVIQLmJe" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Deferred taxes net">(1)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other comprehensive income</td> <td id="xdx_985_ecustom--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeDeferredTaxAsset_pn6n6_c20240101__20241231_z6lzuKiPILW1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Assets">(21)</td> <td id="xdx_982_ecustom--OtherComprehensiveIncomeLiabilities_pn6n6_c20240101__20241231_znSIeswmtmb7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Liabilities">26</td> <td id="xdx_98C_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn6n6_c20240101__20241231_z0rJBYs0TPwe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Deferred taxes net">(47)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer between assets and liabilities</td> <td id="xdx_98E_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxAssets_pn6n6_c20240101__20241231_zziOjwhE4tLl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Assets">(250)</td> <td id="xdx_98C_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxLiability_pn6n6_c20240101__20241231_zFEjEufoYBk4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Liabilities">(250)</td> <td id="xdx_987_ecustom--TransferBetweenAssetsAndLiabilitiesDeferredTaxesNet_pn6n6_c20240101__20241231_zhRPb0WVnLdk" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between assets and liabilities, Deferred taxes net">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment </td> <td id="xdx_980_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxAsset_pn6n6_c20240101__20241231_zrFLazLTZMw8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Assets">(1,953)</td> <td id="xdx_986_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiability_pn6n6_c20240101__20241231_zwhjKDypV3E6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Liabilities">(130)</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_pn6n6_c20240101__20241231_zlrtKf11q7Yl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Deferred taxes net">(1,823)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Incorporations, acquisitions and divestments</td> <td id="xdx_988_ecustom--IncorporationsAcquisitionsAndDivestmentsAssets_pn6n6_c20240101__20241231_zfXQqn7e2M7c" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Assets">(5)</td> <td id="xdx_98B_ecustom--IncorporationsAcquisitionsAndDivestmentsLiabilities_pn6n6_c20240101__20241231_zgYfcUrRqX4e" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Liabilities">308</td> <td id="xdx_982_ecustom--IncorporationsAcquisitionsAndDivestmentsDeferredTaxesNet_pn6n6_c20240101__20241231_zIBTixh1IP5d" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Deferred taxes net">(313)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_989_eifrs-full--DeferredTaxAssets_iS_pn6n6_c20250101__20251231_zjYRfgTgrjwg" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Assets">8,244</td> <td id="xdx_98C_eifrs-full--DeferredTaxLiabilities_iS_pn6n6_c20250101__20251231_z1wzoQj6ez04" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Liabilities">445</td> <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iS_pn6n6_c20250101__20251231_zzjEh0xvlPpa" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Deferred taxes net">7,799</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Taxes losses carryforward</td> <td id="xdx_986_ecustom--DeferredTaxExpenseIncomeRecognisedInProfitOrLossDeferredTaxAssets_pn6n6_c20250101__20251231_zzk4853TLQQd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Assets">(2,484)</td> <td id="xdx_98D_ecustom--TaxesLossesCarryforwardLiabilities_pn6n6_c20250101__20251231_zhvZneDdljOj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Liabilities">–</td> <td id="xdx_98A_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn6n6_c20250101__20251231_zJo027vQSjEe" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Deferred taxes net">(2,484)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Provision for asset retirement obligations and other liabilities</td> <td id="xdx_982_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesAssets_pn6n6_c20250101__20251231_zgKURFwspia5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Assets">(281)</td> <td id="xdx_98E_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilities_pn6n6_c20250101__20251231_z0mGljzfIu4f" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Liabilities">77</td> <td id="xdx_989_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesDeferredTaxesNet_pn6n6_c20250101__20251231_zIsQsqhEEeel" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Deferred taxes net">(358)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of financial instruments</td> <td id="xdx_98A_ecustom--FairValueOfFinancialInstrumentsDeferredTaxAssets_pn6n6_c20250101__20251231_zLRz2WyLBmaj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Assets">(387)</td> <td id="xdx_989_ecustom--FairValueOfFinancialInstrumentsDeferredTaxLiabilities_pn6n6_c20250101__20251231_zd5o1Uv49fB3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Liabilities">–</td> <td id="xdx_989_ecustom--FairValueOfFinancialInstruments_pn6n6_c20250101__20251231_zXqbp1ZUBZK6" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Deferred taxes net">(387)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of intangibles and property, plant and equipment in business combination</td> <td id="xdx_98A_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationAssets_pn6n6_c20250101__20251231_z0sS1jKHc4w7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Assets">–</td> <td id="xdx_98C_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationLiabilities_pn6n6_c20250101__20251231_zrlmkoPftY3l" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Liabilities">(608)</td> <td id="xdx_98E_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationDeferredTaxesNet_pn6n6_c20250101__20251231_z7dfZI8RK4v9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Deferred taxes net">608</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_983_ecustom--OtherDeferredTaxAssets_pn6n6_c20250101__20251231_zzoFBhMbc4c2" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Assets">(116)</td> <td id="xdx_98A_ecustom--OtherDeferredTaxLiabilities_iI_pn6n6_c20250101__20251231_zNwFih29Lb58" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Liabilities">10</td> <td id="xdx_983_ecustom--OtherDeferredTaxNet_pn6n6_c20250101__20251231_zmmkpcsgGmw8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Deferred taxes net">(126)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect in income statement</td> <td id="xdx_986_ecustom--EffectInIncomeStatementDeferredTaxAssets_pn6n6_c20250101__20251231_zpMJHFhH6GQd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Assets">(3,268)</td> <td id="xdx_987_ecustom--EffectInIncomeStatementDeferredTaxLiability_pn6n6_c20250101__20251231_z7UspJo9tHg5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Liabilities">(521)</td> <td id="xdx_98D_ecustom--EffectInIncomeStatement_pn6n6_c20250101__20251231_z5Kh0bwkokK8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Deferred taxes net">(2,747)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Employee post-retirement obligation</td> <td id="xdx_980_ecustom--EmployeePostretirementObligationAssets_pn6n6_c20250101__20251231_zMUrKsnBexHi" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Assets">7</td> <td id="xdx_989_ecustom--EmployeePostretirementObligationLiabilities_pn6n6_c20250101__20251231_zv2oMVYHJQn1" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Liabilities">9</td> <td id="xdx_984_ecustom--EmployeePostretirementObligation_pn6n6_c20250101__20251231_zQh4yWswNd15" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Deferred taxes net">(2)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other comprehensive income</td> <td id="xdx_980_ecustom--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeDeferredTaxAsset_pn6n6_c20250101__20251231_zeWd9R34lo3j" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Assets">7</td> <td id="xdx_98D_ecustom--OtherComprehensiveIncomeLiabilities_pn6n6_c20250101__20251231_zhhDbG62iu9f" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Liabilities">9</td> <td id="xdx_98B_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn6n6_c20250101__20251231_z0j0Gfav1LIf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Deferred taxes net">(2)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer between assets and liabilities</td> <td id="xdx_98B_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxAssets_pn6n6_c20250101__20251231_zOSKgq83eVL9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Assets">430</td> <td id="xdx_980_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxLiability_pn6n6_c20250101__20251231_znkZr6bAR0bj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Liabilities">430</td> <td id="xdx_980_ecustom--TransferBetweenAssetsAndLiabilitiesDeferredTaxesNet_pn6n6_c20250101__20251231_zKSqzFbKqV19" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between assets and liabilities, Deferred taxes net">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_98D_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxAsset_pn6n6_c20250101__20251231_zIEmSVNccfx4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Assets">914</td> <td id="xdx_987_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiability_pn6n6_c20250101__20251231_zvjXjVY6WJ" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Liabilities">60</td> <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_pn6n6_c20250101__20251231_z3BSEhowl8N1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Deferred taxes net">854</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Incorporations, acquisitions and divestments</td> <td id="xdx_98B_ecustom--IncorporationsAcquisitionsAndDivestmentsAssets_pn6n6_c20250101__20251231_zlNDavN3vNo3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Assets">(9)</td> <td id="xdx_98A_ecustom--IncorporationsAcquisitionsAndDivestmentsLiabilities_pn6n6_c20250101__20251231_zIAsg1oIPTqh" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Liabilities">(316)</td> <td id="xdx_98F_ecustom--IncorporationsAcquisitionsAndDivestmentsDeferredTaxesNet_pn6n6_c20250101__20251231_zz0sMPOxfAu9" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Deferred taxes net">307</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_986_eifrs-full--DeferredTaxAssets_iE_pn6n6_c20250101__20251231_z6OOmdeJivZg" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at ending of period, Assets">6,318</td> <td id="xdx_987_eifrs-full--DeferredTaxLiabilities_iE_pn6n6_c20250101__20251231_zJebe5Evmb92" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at ending of period, Liabilities">107</td> <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iE_pn6n6_c20250101__20251231_zSfQY1rXLmo8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at ending of period, Deferred taxes net">6,211</td></tr> </table> c) Tax incentives In Brazil, the Company has tax incentives to partially reduce the income tax generated by the operations conducted in the north region that includes iron ore and copper (“Tax Incentives”). The incentive is calculated based on the taxable income of the incentivized activity (tax operating income) and considers the allocation of operating profit according to the levels of incentivized production during the periods defined as eligible for each product, usually 10 years. In addition to these incentives, part of the income tax payable can be reinvested in the acquisition of new machinery and equipment, subject to subsequent approval by the Superintendência de Desenvolvimento da Amazônia (“SUDAM”). As determined by the Brazilian law and Resolution of the SUDAM Deliberative Council No. 136, which requires the reinvestment to be capitalized, the tax savings obtained due to these incentives must be recorded in the retained earnings reserve in equity and cannot be distributed as dividends to shareholders. The impact of the Tax Incentives on the effective tax rate on income is presented as “tax incentives” in item (a) of this note. The Lei Complementar No. 224 (“LC 224”), enacted in December 2025 and effective from 2026, establishes a linear 10% reduction in federal tax incentives and benefits. The Tax Incentives currently granted to the Company, which expire between 2028 and 2035, will not be affected by LC 224. As their expiration dates approach, Vale assesses and undertakes the necessary procedures to obtain new qualification and approval. If successful with the competent authorities, the new incentives will be granted with the aforementioned 10% reduction. Consequently, the income tax reduction will decrease from the current 75.0% to 67.5%, reflecting the adjustments introduced by LC 224 in relation to newly granted incentives. d) Uncertain tax positions (“UTP”) The Company is engaged in administrative and judicial discussions with tax authorities in Brazil in relation to certain tax positions adopted by the Company for calculating income tax and social contribution on net income. The final determination is uncertain and depends on factors not controlled by the Company, such as changes in case law and changes in tax laws and regulations. The tax positions adopted by Vale are supported by legal advisors and the Company is subject to the assessment of income tax by local tax authorities in a range up to 10 years depending on jurisdiction where the Company operates.The amount under discussion with the tax authorities is US$<span id="xdx_90C_eifrs-full--DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_iI_pn6n6_c20251231__custom--NatureOfUncertainitiesAxis__custom--UncertaintyOnTransferPricingOverExportationOfOresToForeignSubsidiaryMember_zYka7S1Xhns8" title="Tax assessment">8,858 as of December 31, 2025 (December 31, 2024: US$<span id="xdx_90E_eifrs-full--DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_iI_pn6n6_c20241231__custom--NatureOfUncertainitiesAxis__custom--UncertaintyOnTransferPricingOverExportationOfOresToForeignSubsidiaryMember_zfXZ6Tu241l4" title="Tax assessment">7,275), which includes the tax effects arising from the reduction of the tax losses and negative basis of the CSLL by US$<span id="xdx_90A_eifrs-full--TaxEffectOfTaxLosses_pn6n6_c20250101__20251231__custom--NatureOfUncertainitiesAxis__custom--UncertaintyOnTransferPricingOverExportationOfOresToForeignSubsidiaryMember_zVRz3yTY6Z39" title="Tax effect of tax losses">1,658 as of December 31, 2025 (December 31, 2024: US$<span id="xdx_901_eifrs-full--TaxEffectOfTaxLosses_pn6n6_c20240101__20241231__custom--NatureOfUncertainitiesAxis__custom--UncertaintyOnTransferPricingOverExportationOfOresToForeignSubsidiaryMember_zedZuRQaMOnb" title="Tax effect of tax losses">1,336), if the tax authority does not accept the tax treatment adopted by the Company in relation to these matters.<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfUncertainTaxPositionsTableTextBlock_zsC3HMmoYgbf" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 3)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of uncertain tax positions</td> <td id="xdx_499_20250101__20251231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--AssessedMember_z4XffIIKbf29" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_498_20250101__20251231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--PotentialMember_zhvNSdz2KmX5" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49B_20250101__20251231_zWW8AHFLI4f8" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--AssessedMember_zHoXTweqZfu" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49D_20240101__20241231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--PotentialMember_zDS1uAPwWkx2" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49B_20240101__20241231_znlRHD3EGdcg" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"><td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 38%; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assessed (i)</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Potential (ii)</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assessed (i)</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Potential (ii)</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr id="xdx_40B_ecustom--UtpsNotRecordedOnStatementOfFinancialPositionAbstract_iB_zqRF4cvGE68l"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">UTPs not recorded on statement of financial position</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40B_ecustom--TransferPricingOverExportationOfOresToForeignSubsidiary_zyK5gm3Aifj4"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer pricing over the exportation of ores to a foreign subsidiary</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,819</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,808</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,627</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,893</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,608</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,501</td></tr> <tr id="xdx_409_eifrs-full--InterestExpense_z7gN6d98q8R9"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses of interest on capital </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,311</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,311</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,402</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,402</td></tr> <tr id="xdx_400_ecustom--ProceedingRelatedToIncomeTaxPaidAbroad_zr7RqAdkS4Cb"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeding related to income tax paid abroad </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">517</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">517</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">427</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">427</td></tr> <tr id="xdx_403_ecustom--GoodwillAmortization_zRkp7y31u5if"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Goodwill amortization </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,008</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">77</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,085</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">807</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">62</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">869</td></tr> <tr id="xdx_40C_ecustom--PaymentsToRenovaFoundation_zqDj8fngGisc"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payments to Renova Foundation (iii)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">733</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">277</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,010</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">327</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">351</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">678</td></tr> <tr id="xdx_405_ecustom--OtherTaxAuthority_zXqN8jvMX9Uj"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">470</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">470</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">419</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">419</td></tr> <tr id="xdx_40E_ecustom--TotalNotRecordedOnBalanceSheet_znCi11Phnb5e"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total not recorded on statement of financial position</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8,858</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,162</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,020</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,275</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,021</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9,296</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_406_ecustom--UtpsRecordedOnStatementOfFinancialPositionAbstract_iB_zjcyitUJp6M7"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">UTPs recorded on statement of financial position</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_406_ecustom--DeductionsOfCsllInBrazil_zHiknHYFP5Xb"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deduction of CSLL in Brazil (iv)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td></tr> <tr id="xdx_405_ecustom--TotalRecordedBalanceSheet_zo3BxCkLnZU4"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total recorded on statement of financial position</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td></tr> </table> (i) Includes the tax effects arising from the reduction of the tax losses and negative basis of the CSLL, with fines and interest. (ii) Includes the principal, without fines and interest. (iii) In October 2025, the Company received a tax assessment notice related to the 2020 fiscal year, in the amount of US$334. (iv) Based on an administrative decision issued by the Brazilian Administrative Council of Tax Appeals (CARF) in July 2025, the amount was partially settled (US$56), while the remaining balance (US$128) was reversed from liabilities, impacting the “income taxes” line in the consolidated income statement for the year ended December 31, 2025. Based on the assessment of its internal and external legal advisors, the Company believes that the tax treatment adopted for these matters will be accepted in decisions of the higher courts on last instance. The main discussions are described below. Transfer pricing calculation over the exportation of ores to a foreign subsidiary - The Company was assessed for the IRPJ and CSLL, for the years of 2015 and 2020 as the tax agent has disregarded the intermediation costs and other adjustments used in the calculation of the transfer pricing over the exportation of iron ore, pellets, manganese, and copper to its foreign controlled company. The Company is challenging these assessments at the administrative level and a decision is pending. The total amount in dispute is US$<span id="xdx_90B_eifrs-full--IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ForeignSubsidiaryMember_zyEpIHF44pbe" title="Reduction of tax losses">3,684 as of December 31, 2025 (2024: US$<span id="xdx_900_eifrs-full--IncreaseDecreaseThroughLossOfControlOfSubsidiaryDeferredTaxLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ForeignSubsidiaryMember_zqmbo0L6ceF3" title="Reduction of tax losses">2,979), excluding the corresponding tax impact with fines and interests of US$1,135 as of December 31, 2025 (2024: US$914), totaling US$<span id="xdx_90F_ecustom--TotalDeferredTaxLiabilities_iI_pn6n6_c20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ForeignSubsidiaryMember_zB5lfbgTi4Ne" title="Total deferred tax liabilities">4,819 (2024: US$<span id="xdx_90A_ecustom--TotalDeferredTaxLiabilities_iI_pn6n6_c20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ForeignSubsidiaryMember_zewO7Y8GzcJi" title="Total deferred tax liabilities">3,893). The amount involved for the period, which are not in dispute, is US$<span id="xdx_90F_ecustom--AmountWhichAreNotInvolvedInDisputes_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ForeignSubsidiaryMember_zhEWtxOOPsB4" title="Amount which are not involved in disputes">1,808 as of December 31, 2025 (2024: US$<span id="xdx_906_ecustom--AmountWhichAreNotInvolvedInDisputes_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ForeignSubsidiaryMember_zwKE4IL8ZsH9" title="Amount which are not involved in disputes">1,608). The Company considers the tax treatment adopted as appropriate and is discussing the charges at the administrative level. Expenses of interest on equity capital (“JCP”) - Vale received assessments for the collection of IRPJ, CSLL and fines, on the grounds that the deduction of JCP was improper, referring to the base years of 2017 and 2018, due to failure to comply with the accrual basis and absence of individualized accounting credit per shareholder. The amount under discussion is US$<span id="xdx_903_eifrs-full--TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ExpensesOfInterestOnEquityCapitalMember_zPj0rq8ppbEg" title="Amount under discussion">997 as of December 31, 2025 (2024: US$<span id="xdx_90C_eifrs-full--TaxEffectOfExpenseNotDeductibleInDeterminingTaxableProfitTaxLoss_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ExpensesOfInterestOnEquityCapitalMember_zK6WNaNrBsp1" title="Amount under discussion">1,149), excluding the corresponding tax impact with fines and interests of US$<span id="xdx_90B_ecustom--ExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ExpensesOfInterestOnEquityCapitalMember_zUtHnSpcK8uk" title="Excluding corresponding tax impact without fines and interests">314 as of December 31, 2025 (2024: US$<span id="xdx_90F_ecustom--ExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ExpensesOfInterestOnEquityCapitalMember_zE2G6tknC2c3" title="Excluding corresponding tax impact without fines and interests">253), totaling US$<span id="xdx_90F_ecustom--TotalExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ExpensesOfInterestOnEquityCapitalMember_ze46dIdXpC6k" title="Total excluding corresponding tax impact without fines and interests">1,311 (2024: US$<span id="xdx_90C_ecustom--TotalExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--ExpensesOfInterestOnEquityCapitalMember_z0AVG5iRA5ub" title="Total excluding corresponding tax impact without fines and interests">1,402). The Company presented administrative defenses for these assessments. In December 2025, Vale obtained a favorable first-instance judicial decision regarding the tax assessment for the 2018 base year, applying the interpretation established by the Brazilian Superior Court of Justice (STJ) under Theme No. 1,319. As a result, the estimated loss related to this tax assessment was partially reclassified to a remote loss prognosis. Offset of the income tax paid abroad - Vale received a tax assessment for the collection of US$517 (2024: US$427) due to the disregard of taxes paid abroad that were offset by the IRPJ debt in 2016. Tax authorities allege the Company has failed to comply with the applicable rules relating to the offset, in Brazil, of income taxes paid abroad. The Company had filed an administrative appeal and obtained a favorable decision at the Administrative Council of Tax Appeals (CARF). The Federal Government filed an appeal, which is pending judgment. Goodwill amortization - The Company received tax assessments for the collection of IRPJ and CSLL for the periods between 2013 and 2021, due to the disregard of the deduction of goodwill amortization expenses recorded in the acquisition of controlled companies, after its merger by the Company. The Company is discussing the charges at the administrative level and the amount under discussion is US$<span id="xdx_905_eifrs-full--AdministrativeExpense_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--GoodwillAmortizationMember_zOrOPBlHPLf" title="Administrative amount">864 as of December 31, 2025 (2024: US$<span id="xdx_90A_eifrs-full--AdministrativeExpense_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--GoodwillAmortizationMember_zzwqY3ZcR335" title="Administrative amount">692), excluding the corresponding tax impact with fines and interests of US$<span id="xdx_90D_ecustom--ExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--GoodwillAmortizationMember_zRqRKYejYjJf" title="Excluding the corresponding tax impact without fines and interests">144 as of December 31, 2025 (2024: US$<span id="xdx_903_ecustom--ExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--GoodwillAmortizationMember_z28RTmJeWxwc" title="Excluding the corresponding tax impact without fines and interests">115), totaling US$<span id="xdx_902_ecustom--TotalExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--GoodwillAmortizationMember_z1DWW1ZyH5ih" title="Total excluding the corresponding tax impact without fines and interests">1,008 (2024: US$<span id="xdx_906_ecustom--TotalExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--GoodwillAmortizationMember_zpBrTiUqZjKb" title="Total excluding the corresponding tax impact without fines and interests">807). The amount involved for the period, which are not in dispute, is US$77 (2024: US$62). Payments to Renova Foundation - The Company deducted payments made to Renova Foundation arising from the obligation entered into the Transaction and Conduct Adjustment Agreement (“TTAC”). Vale understands that the deduction of such expenses is adequate, since its liability is objective, arising from the obligation arising from the TTAC and its status as a shareholder of Samarco and as a sponsor of Renova Foundation. The mentioned payments were deducted until April 2023 when Vale entered into a binding agreement jointly with BHPB, Samarco, and certain creditors of Samarco, establishing the parameters for the restructuring of Samarco's debt. This restructuring was implemented through a consensual reorganization plan, which was approved by the Judicial Recovery Court in September 2023. According to the agreement, contributions made by Vale to the Renova Foundation from May 2023 onward will be converted into capital contributions to Samarco and, therefore, will no longer be deductible. Further details on Samarco's judicial recovery are provided in note 26 of these financial statements. The Company received tax assessment notices for the periods 2016, 2018, 2019 and 2020, for the collection of IRPJ and CSLL on the grounds that expenses incurred with Renova Foundation were unduly deducted for allegedly not being considered necessary. The total amount assessed is US$<span id="xdx_903_eifrs-full--DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_iI_pn6n6_c20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_zPPSxvAYKzzh" title="Tax assessment">674 for the year ended December 31, 2025 (2024: US$<span id="xdx_901_eifrs-full--DeductibleTemporaryDifferencesForWhichNoDeferredTaxAssetIsRecognised_iI_pn6n6_c20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_z4liHFlSprW" title="Tax assessment">280), excluding the corresponding tax impact with fines and interests of US$<span id="xdx_900_ecustom--ExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_zkHfhTFkCafe" title="Excluding the corresponding tax impact without fines and interests">59 as of December 31, 2025 (2024: US$<span id="xdx_903_ecustom--ExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_zmjy9s10mUeb" title="Excluding the corresponding tax impact without fines and interests">47), totaling US$<span id="xdx_903_ecustom--TotalExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_z166mYXTM4w9" title="Total excluding the corresponding tax impact without fines and interests">733 (2024: US$<span id="xdx_904_ecustom--TotalExcludingCorrespondingTaxImpactWithoutFinesAndInterests_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_zkI1FVYmCbXk" title="Total excluding the corresponding tax impact without fines and interests">327). The amount involved for the period, which are not in dispute, is US$<span id="xdx_909_ecustom--AmountNotAssessed_pn6n6_c20250101__20251231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_zko2fXn9loIg" title="Amount not assessed">277 (2024: US$<span id="xdx_907_ecustom--AmountNotAssessed_pn6n6_c20240101__20241231__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--PaymentsToRenovaFoundationMember_zWsbcw4j6HTb" title="Amount not assessed">351). The Company is discussing the charges at the administrative level. e) Recoverable and payable taxes and settlement programs (REFIS) The Company considered the effects arising from Lei Complementar Nº 214, which regulated the value added taxes reform (note 5g), in its assessment of the recoverability of taxes recoverable. <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--RecoverableAndPayableTaxesTableTextBlock_pn6n6_zkivaTUwS008" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 4)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of recoverable and payable taxes</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current assets</td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current assets</td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current liabilities</td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="width: 36%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right"> 2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right"> 2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Value-added tax ("ICMS")</td> <td id="xdx_98C_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zO0zXj2rzaCd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">311</td> <td id="xdx_984_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zPcvgHw6xEE" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">260</td> <td id="xdx_987_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zMuOwT1BuJEf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">19</td> <td id="xdx_980_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zj6HJG4KKPTj" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">3</td> <td id="xdx_989_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zWm1aHTSYuVj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">52</td> <td id="xdx_988_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_z4Eov6BA54T7" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">34</td> <td id="xdx_98B_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_z5f5yUgpYucj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td> <td id="xdx_98C_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zUq9Hk1r2JC3" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazilian federal contributions ("PIS" and "COFINS") </td> <td id="xdx_987_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zybNjnb03n4l" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">208</td> <td id="xdx_98E_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zJ4apwh5uSR9" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">266</td> <td id="xdx_98B_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zSRI15mIpQyb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">1,293</td> <td id="xdx_986_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zfIZUkuLEjSd" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">975</td> <td id="xdx_983_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zyTzv3CJmGN" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">2</td> <td id="xdx_98E_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zw6pRZqEmW5j" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">12</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes</td> <td id="xdx_980_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zZZACEf4TrL2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">973</td> <td id="xdx_981_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zftFneqMWiAh" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">564</td> <td id="xdx_98B_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--IncomeTaxesMember_z0IT6tWElp1k" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">462</td> <td id="xdx_98E_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zsY3olyXVKDg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">319</td> <td id="xdx_989_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--IncomeTaxesMember_z9hzvayYL6S8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">351</td> <td id="xdx_988_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zCv10zgA3AQd" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">317</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial compensation for the exploration of mineral resources ("CFEM")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--FinancialCompensationForExplorationOfMineralResourcesMember_zbjTDADHQJR8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">77</td> <td id="xdx_98D_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--FinancialCompensationForExplorationOfMineralResourcesMember_ziGE1aaKMDbe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">63</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td id="xdx_98B_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--OthersMember_zQ4C9dCuSalk" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">13</td> <td id="xdx_98D_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--OthersMember_zx7cV6lUATZi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">10</td> <td id="xdx_989_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--OthersMember_ziXMIKRlqgql" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">2</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--OthersMember_zolOyJ277yd2" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">205</td> <td id="xdx_98D_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--OthersMember_zQt4EnvbeDed" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">148</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total taxes payable and recoverable</td> <td id="xdx_986_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231_zTY5nhKWk29e" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">1,505</td> <td id="xdx_98A_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231_zH5sWw0nc8Ae" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">1,100</td> <td id="xdx_981_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231_zcFg0otS4Jr4" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">1,776</td> <td id="xdx_989_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231_zu65U7YGiSRg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">1,297</td> <td id="xdx_987_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231_zyopuFv5Md46" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">687</td> <td id="xdx_989_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231_zhRctqtroHOc" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">574</td> <td id="xdx_988_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20251231_zKGUgpLibIcc" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td> <td id="xdx_98A_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20241231_z6vh6p8ufVje" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">REFIS liabilities (i)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_zv68C7hdoERa" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">423</td> <td id="xdx_98B_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_zSo7k9rnI84b" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">353</td> <td id="xdx_98F_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_z2xPcFBZayD9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">784</td> <td id="xdx_985_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_zCUC6o9dKHVi" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">1,007</td></tr> <tr> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total REFIS liabilities</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20251231_zSxyCmuAovUe" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">423</td> <td id="xdx_987_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20241231_zYyv4BHnysqi" style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">353</td> <td id="xdx_98F_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20251231_z95CshAzsgV3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">784</td> <td id="xdx_982_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20241231_zeQdUo5yyyFk" style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">1,007</td></tr> </table> (i) The balance mainly relates to the settlement programs of claims regarding the collection of income tax and social contribution on equity gains of foreign subsidiaries and associates from 2003 to 2012. This amount bears SELIC interest rate (Special System for Settlement and Custody) and will be paid in monthly installments until October 2028 and the impact of the SELIC over the liability is recorded under the Company’s financial results (note 18). SELIC rate at the end of the fiscal year ended December 31, 2025, is 15.00% (2024: 12.25%). f) Global minimum tax (Pilar II) In December 2021, the Organization for Economic Co-operation and Development (“OECD”) issued the Pillar II model rules to reform international corporate taxation. Multinational economic groups within the scope of these rules are required to calculate their effective tax rate in each country in which they operate, the GloBE effective tax rate. When the GloBE effective tax rate of any jurisdiction in which the group operates, based on the aggregated view of the entities located in that jurisdiction, is lower than the minimum rate defined at 15%, the multinational group must pay a top-up tax corresponding to the difference between its GloBE effective tax rate and the minimum rate. The Company is subject to the OECD Pillar II model rules in several jurisdictions, including Brazil, Canada and Switzerland, among others. There were no material impacts arising from Pillar II on income tax expense for the year ended December 31, 2025. The Company applied the exception to the recognition and disclosure of information on deferred tax assets and liabilities arising from tax law for the implementation of the OECD Pillar II model rules, according to IAS 12 – Income Taxes. g) Value added taxes reform In 2025, a value added taxes reform was enacted through the Lei Complementar Nº 214 ("Reform"), providing the replacement of taxes such as PIS, COFINS, ICMS, ISS and IPI by the CBS and IBS, as well as the creation of the IS (Imposto Seletivo), which applies to certain economic sectors, including the mining sector. The transition period to the new taxation methodology will take place between 2026 and 2032, with no incidence of the new taxes implemented by the Reform in the first year of transition. The Company is in the process of assessing the impacts arising from the Reform, which will be concluded in 2026. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> For the Vale S.A.’s subsidiaries that operate in jurisdictions where the tax rate is lower than the tax rate applicable in Brazil, the Brazilian corporate tax law requires Vale S.A. to pay in Brazil the income tax related with the referred rate differential. Therefore, the income tax charge is computed in the consolidated financial statements using the tax rate enacted at the end of the reporting period in Brazil. Taxes Management regularly assesses positions taken in tax returns concerning situations where applicable tax regulations are subject to interpretation. Provisions are established, as needed, based on expected amounts payable to tax authorities. Liabilities related to uncertain tax positions are recorded only when it is deemed, with a more-likely-than-not probability, that these positions will withstand challenges, if any, from taxing authorities, based on input from internal and external legal advisors. Deferred income taxes are recognized for temporary differences between the carrying amount and the tax basis of assets and liabilities, as well as tax losses carryforwards. However, deferred tax liabilities arising from the initial recognition of goodwill are not recognized. Additionally, deferred income tax is not accounted for if it arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither accounting profit nor taxable profit (tax loss) and does not give rise to equal taxable and deductible temporary differences. Offset of deferred tax assets and liabilities occurs when there is a legally enforceable right to offset current tax assets and liabilities, and when the deferred tax balances pertain to the same taxation authority. Deferred tax assets resulting from tax losses and temporary differences are not recognized when it is not probable that future taxable profit will be available against which these differences and/or tax losses can be utilized. The Company evaluates annually the recoverability of these deferred tax assets through the revision of the future taxable profit estimates. Current and deferred tax is recognized in profit or loss unless it relates to items recognized in other comprehensive income or directly in equity. In such cases, the tax is also recognized in other comprehensive income or directly in equity, respectively.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 2.25pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Deferred income tax - Significant judgements, estimates and assumptions are required to determine the amount of deferred tax assets that are recognized based on the likely timing and future taxable profits. Deferred tax assets arising from tax losses carryforward and temporary differences are recognized considering assumptions and projected cash flows. Deferred tax assets may be affected by factors including, but not limited to: (i) internal assumptions on the projected taxable income, which are based on production and sales planning, commodity prices, operational costs and planned capital costs; (ii) macroeconomic environment; and (iii) trade and tax scenarios. Uncertain tax positions - The Company applies significant judgement to assess the probability that the adopted treatment will be accepted by the tax authorities and in measuring the amount of the related tax uncertainty, including the estimations of tax effects arising from the reduction of tax losses and negative basis of the CSLL, together with the corresponding fines and interest, which may affect the consolidated financial statements. The Company operates in multiple jurisdictions where uncertainties arise in the application of complex tax regulations. The Company and its subsidiaries are subject to reviews of income tax filings and other tax payments, and disputes can arise with the taxing authorities over the interpretation of the applicable laws and regulations.</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--EffectiveIncomeTaxRateReconciliationTableTextBlock_pn6n6_zFRCr3mJvNj6" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of income tax reconciliation</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_491_20250101__20251231_zWuo0lrm3435" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231_zjvG2kBJalQh" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49C_20230101__20231231_za9Wo290oVga" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 52%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40F_eifrs-full--AccountingProfit_zWriky3bJhe7"> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income before income taxes</td> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,653</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,696</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,151</td></tr> <tr id="xdx_406_ecustom--IncomeTaxesAtStatutoryRate34_zzGzSetfRWf9"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes at statutory rate (34%)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,582)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,277)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,791)</td></tr> <tr id="xdx_401_eifrs-full--ReconciliationOfAverageEffectiveTaxRateAndApplicableTaxRateAbstract_iB"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Adjustments that affect the taxes basis:</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40A_ecustom--WriteoffRecognitionOfDeferredTaxAssetsOnTaxLossesAndOtherNatures_i01_z1Tsa6SebN5g"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">(Write-off) recognition of deferred tax assets on tax losses and other natures (i)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,832)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">490</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">294</td></tr> <tr id="xdx_404_ecustom--TaxEffectOfTaxIncentives_i01_zX4RNqb9tEgl"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax incentives</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,070</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">666</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,071</td></tr> <tr id="xdx_403_ecustom--InterestOnCapital_i01_zm53wLNMribe"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on capital</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,022</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">762</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">789</td></tr> <tr id="xdx_40E_ecustom--EffectsOnTaxComputationOfForeignOperations_i01_zEqBOQbhorE5"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Effects on tax computation of foreign operations</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(283)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(406)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(102)</td></tr> <tr id="xdx_407_ecustom--DeductionOfCsllInBrazil_i01_zm6WJ8Gr2lyd"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deduction of CSLL in Brazil</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5(d)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">128</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr id="xdx_40F_ecustom--ProvisionRelatedToSamarco_i01_z3FnQ3XicXtl"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision related to Samarco </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">26(a)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(125)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(361)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(404)</td></tr> <tr id="xdx_402_ecustom--TaxEffectsArisingFromDivestmentsAndAcquisitionsNet_i01_zZ5tYcP84xb4"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax effects arising from divestments and acquisitions, net</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(122)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">651</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr id="xdx_402_ecustom--TaxEffectOfEquityResults_i01_zz8hOAg3rtN5"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Equity results</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">123</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">103</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">88</td></tr> <tr id="xdx_40F_ecustom--ReversalOfDeferredIncomeTaxRelatedToRenovaFoundation_i01_zILCXa7Cg739"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Reversal of deferred income tax related to Renova Foundation</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,078)</td></tr> <tr id="xdx_40C_eifrs-full--OtherTaxEffectsForReconciliationBetweenAccountingProfitAndTaxExpenseIncome_i01_zIDP32fCPQUi"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(69)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(349)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">87</td></tr> <tr id="xdx_400_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_zUjodPvxhPs3"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,670)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(721)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,046)</td></tr> <tr id="xdx_40A_eifrs-full--CurrentTaxExpenseIncome_zQTRj4RXQaI2"> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Current tax</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">76</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,008)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,375)</td></tr> <tr id="xdx_40A_eifrs-full--DeferredTaxExpenseIncome_zV4tgRkOZY2i"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Deferred tax</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,746)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,287</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,671)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_c20250101__20251231_zpfKKCaVrrB8" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Income taxes">(2,670)</td> <td id="xdx_980_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_c20240101__20241231_zTtDLZ7cFjrj" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Income taxes">(721)</td> <td id="xdx_982_eifrs-full--IncomeTaxExpenseContinuingOperations_iN_di_c20230101__20231231_zag3ZUK6bi6e" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Income taxes">(3,046)</td></tr> </table> (i) For the year ended December 31, 2025, the balance substantially relates to the write-off of deferred tax assets on tax loss carryforwards resulting from the update of the estimated future taxable profits in subsidiaries in Canada and Switzerland, mainly due to changes in long-term assumptions. Consequently, there is a tax loss carryforward balance amounting to U$$6,352 (2024: US$4,002), related to Vale S.A.’s subsidiaries, for which no deferred tax asset has been recognized as of December 31, 2025.

4653000000

6696000000

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-69000000

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2670000000

721000000

3046000000

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfTemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsExplanatory_pn6n6_zvwARuQSrOh5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 1)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of deferred income tax assets and liabilities</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-top: #007E7A 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Deferred tax assets</td> <td colspan="2" style="border-top: #007E7A 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Deferred tax liabilities</td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 32%; font-family: Times New Roman,serif; line-height: 112%">December 31,</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 17%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Taxes losses carryforward</td> <td id="xdx_989_ecustom--DeferredTaxAssetsTaxesLossesCarryforward_iI_c20251231_zg2yfSU3ICQb" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets taxes losses carryforward">3,617</td> <td id="xdx_98E_ecustom--DeferredTaxAssetsTaxesLossesCarryforward_iI_c20241231_zcVBOZ5SMDU3" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets taxes losses carryforward">5,516</td> <td id="xdx_985_ecustom--DeferredTaxLiabilitiesTaxesLossesCarryforward_iI_c20251231_zZvizY0lVCY1" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities taxes losses carryforward">–</td> <td id="xdx_985_ecustom--DeferredTaxLiabilitiesTaxesLossesCarryforward_iI_c20241231_zyGgAA6BJwUe" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities taxes losses carryforward">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Temporary differences:</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Asset retirement obligations and other liabilities</td> <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_zC4RmtgGiVi3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">2,862</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_zfWSGh3F1Oo3" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">2,829</td> <td id="xdx_981_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_z40L55TyDkVc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(633)</td> <td id="xdx_980_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--AssetRetirementObligationsAndOtherLiabilitiesMember_zRUjN7KKOQN7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(509)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Fair value of financial instruments</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfFinancialInstrumentsMember_zDJc8igxKq68" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">645</td> <td id="xdx_981_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfFinancialInstrumentsMember_z2qz99kRbb61" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">932</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Employee post-retirement obligation</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--EmployeePostRetirementObligationsMember_zlv3IvMnLeRh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">396</td> <td id="xdx_98A_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--EmployeePostRetirementObligationsMember_zfowR5rFhVgi" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">368</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Provision for litigation</td> <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ProvisionForLitigationMember_zpbOuG5cI7p5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">333</td> <td id="xdx_98D_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--ProvisionForLitigationMember_zIjrdrWZ4ld2" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">327</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Fair value of property, plant and equipment and intangibles in business combination</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfPropertyPlantAndEquipmentInBusinessCombinationMember_zORaj7JfitV1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(930)</td> <td id="xdx_980_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--FairValueOfPropertyPlantAndEquipmentInBusinessCombinationMember_zRYlOrN4Sove" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(1,695)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Goodwill amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--GoodwillAmortizationMember_zSLD54w0gluh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(527)</td> <td id="xdx_982_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__custom--GoodwillAmortizationMember_zAhvYcHoQWoc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(462)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> Other</td> <td id="xdx_98F_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zD43lpofhNAa" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">448</td> <td id="xdx_98C_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--OtherTemporaryDifferencesMember_zizJBU8iQcXf" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">494</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_986_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zI0EVmLfHwH4" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">8,301</td> <td id="xdx_98F_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zXkxlZgjcfLd" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">10,466</td> <td id="xdx_98F_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zbedcn4IUpx" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(2,090)</td> <td id="xdx_988_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231__ifrs-full--TemporaryDifferenceUnusedTaxLossesAndUnusedTaxCreditsAxis__ifrs-full--TemporaryDifferenceMember_zkz6GPln38qa" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(2,666)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Financial position</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets</td> <td id="xdx_982_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20251231_zbMjY8ftiLFk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">6,318</td> <td id="xdx_988_eifrs-full--DeferredTaxAssets_iI_pn6n6_c20241231_z1BxsFttnnH9" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax assets">8,244</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20251231_z3aww4WCarKk" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(107)</td> <td id="xdx_98B_eifrs-full--DeferredTaxLiabilities_iNI_pn6n6_di_c20241231_zLPA97WSFaz3" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deferred tax liabilities">(445)</td></tr> </table>

3617000000 5516000000

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932000000

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368000000

333000000

327000000

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<table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfDeferredTaxesExplanatory_pn6n6_zAq43mgaJnHi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 2)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in deferred tax assets and liability</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="border-bottom: teal 1pt solid; width: 61%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Assets</td> <td style="border-bottom: teal 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Liabilities</td> <td style="border-bottom: teal 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Deferred taxes, net</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td id="xdx_987_eifrs-full--DeferredTaxAssets_iS_pn6n6_c20240101__20241231_zbbfLde9ZI7i" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Assets">9,565</td> <td id="xdx_988_eifrs-full--DeferredTaxLiabilities_iS_pn6n6_c20240101__20241231_zeMdhgELz2qb" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Liabilities">870</td> <td id="xdx_986_eifrs-full--DeferredTaxLiabilityAsset_iS_pn6n6_c20240101__20241231_zAnaGW7un4P5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Deferred taxes net">8,695</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Taxes losses carryforward</td> <td id="xdx_98C_ecustom--DeferredTaxExpenseIncomeRecognisedInProfitOrLossDeferredTaxAssets_pn6n6_c20240101__20241231_z0C7xFlrYPhe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Assets">937</td> <td id="xdx_98E_ecustom--TaxesLossesCarryforwardLiabilities_pn6n6_c20240101__20241231_zaJAeUUODwF6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Liabilities">–</td> <td id="xdx_985_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn6n6_c20240101__20241231_zLyU7aj4oT1a" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Deferred taxes net">937</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Provision for asset retirement obligations and other liabilities</td> <td id="xdx_987_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesAssets_pn6n6_c20240101__20241231_zhjTyWax0zJb" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Assets">(361)</td> <td id="xdx_980_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilities_pn6n6_c20240101__20241231_zzAGqb49ewgd" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Liabilities">18</td> <td id="xdx_98E_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesDeferredTaxesNet_pn6n6_c20240101__20241231_zTZsIPXkKtA4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Deferred taxes net">(379)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of financial instruments</td> <td id="xdx_987_ecustom--FairValueOfFinancialInstrumentsDeferredTaxAssets_pn6n6_c20240101__20241231_z3ey4AEIbmyg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Assets">393</td> <td id="xdx_988_ecustom--FairValueOfFinancialInstrumentsDeferredTaxLiabilities_pn6n6_c20240101__20241231_za5TmXKcB2w1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Liabilities">–</td> <td id="xdx_980_ecustom--FairValueOfFinancialInstruments_pn6n6_c20240101__20241231_zD88NL79OP51" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Deferred taxes net">393</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of intangibles and property, plant and equipment in business combination</td> <td id="xdx_98F_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationAssets_pn6n6_c20240101__20241231_zyxxRtyrLzda" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Assets">–</td> <td id="xdx_986_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationLiabilities_pn6n6_c20240101__20241231_zCe23DmkbAx6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Liabilities">(397)</td> <td id="xdx_988_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationDeferredTaxesNet_pn6n6_c20240101__20241231_zid4AvsVmlK7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Deferred taxes net">397</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_987_ecustom--OtherDeferredTaxAssets_pn6n6_c20240101__20241231_z7LpcjXmLYx2" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Assets">(61)</td> <td id="xdx_983_ecustom--OtherDeferredTaxLiabilities_pn6n6_c20240101__20241231_z9OOWtkjcEqh" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Liabilities">–</td> <td id="xdx_981_ecustom--OtherDeferredTaxNet_pn6n6_c20240101__20241231_zEUv1Yt3aNA8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Deferred taxes net">(61)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect in income statement</td> <td id="xdx_986_ecustom--EffectInIncomeStatementDeferredTaxAssets_pn6n6_c20240101__20241231_zFTAdAtiznef" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Assets">908</td> <td id="xdx_98A_ecustom--EffectInIncomeStatementDeferredTaxLiability_pn6n6_c20240101__20241231_zPiOGYyV3ame" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Liabilities">(379)</td> <td id="xdx_981_ecustom--EffectInIncomeStatement_pn6n6_c20240101__20241231_zuuR3q3fDFs2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Deferred taxes net">1,287</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Employee post-retirement obligation</td> <td id="xdx_985_ecustom--EmployeePostretirementObligationAssets_pn6n6_c20240101__20241231_zm7GhuPHwHH9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Assets">(20)</td> <td id="xdx_98C_ecustom--EmployeePostretirementObligationLiabilities_pn6n6_c20240101__20241231_zlGe4mdeb3A9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Liabilities">26</td> <td id="xdx_98F_ecustom--EmployeePostretirementObligation_pn6n6_c20240101__20241231_zpx8Bdwygw6j" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Deferred taxes net">(46)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of financial instruments</td> <td id="xdx_980_ecustom--FairValueOfFinancialInstrumentsAssets_pn6n6_c20240101__20241231_z7DoDNyWdUO6" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Assets">(1)</td> <td id="xdx_98E_ecustom--FairValueOfFinancialInstrumentsLiabilities_pn6n6_c20240101__20241231_zA9kXbqUhc7k" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Liabilities">–</td> <td id="xdx_983_ecustom--FairValueOfFinancialInstrumentsDeferredTaxesNet_pn6n6_c20240101__20241231_zcYyjVIQLmJe" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Deferred taxes net">(1)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other comprehensive income</td> <td id="xdx_985_ecustom--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeDeferredTaxAsset_pn6n6_c20240101__20241231_z6lzuKiPILW1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Assets">(21)</td> <td id="xdx_982_ecustom--OtherComprehensiveIncomeLiabilities_pn6n6_c20240101__20241231_znSIeswmtmb7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Liabilities">26</td> <td id="xdx_98C_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn6n6_c20240101__20241231_z0rJBYs0TPwe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Deferred taxes net">(47)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer between assets and liabilities</td> <td id="xdx_98E_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxAssets_pn6n6_c20240101__20241231_zziOjwhE4tLl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Assets">(250)</td> <td id="xdx_98C_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxLiability_pn6n6_c20240101__20241231_zFEjEufoYBk4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Liabilities">(250)</td> <td id="xdx_987_ecustom--TransferBetweenAssetsAndLiabilitiesDeferredTaxesNet_pn6n6_c20240101__20241231_zhRPb0WVnLdk" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between assets and liabilities, Deferred taxes net">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment </td> <td id="xdx_980_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxAsset_pn6n6_c20240101__20241231_zrFLazLTZMw8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Assets">(1,953)</td> <td id="xdx_986_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiability_pn6n6_c20240101__20241231_zwhjKDypV3E6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Liabilities">(130)</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_pn6n6_c20240101__20241231_zlrtKf11q7Yl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Deferred taxes net">(1,823)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Incorporations, acquisitions and divestments</td> <td id="xdx_988_ecustom--IncorporationsAcquisitionsAndDivestmentsAssets_pn6n6_c20240101__20241231_zfXQqn7e2M7c" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Assets">(5)</td> <td id="xdx_98B_ecustom--IncorporationsAcquisitionsAndDivestmentsLiabilities_pn6n6_c20240101__20241231_zgYfcUrRqX4e" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Liabilities">308</td> <td id="xdx_982_ecustom--IncorporationsAcquisitionsAndDivestmentsDeferredTaxesNet_pn6n6_c20240101__20241231_zIBTixh1IP5d" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Deferred taxes net">(313)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_989_eifrs-full--DeferredTaxAssets_iS_pn6n6_c20250101__20251231_zjYRfgTgrjwg" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Assets">8,244</td> <td id="xdx_98C_eifrs-full--DeferredTaxLiabilities_iS_pn6n6_c20250101__20251231_z1wzoQj6ez04" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Liabilities">445</td> <td id="xdx_98A_eifrs-full--DeferredTaxLiabilityAsset_iS_pn6n6_c20250101__20251231_zzjEh0xvlPpa" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of period, Deferred taxes net">7,799</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Taxes losses carryforward</td> <td id="xdx_986_ecustom--DeferredTaxExpenseIncomeRecognisedInProfitOrLossDeferredTaxAssets_pn6n6_c20250101__20251231_zzk4853TLQQd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Assets">(2,484)</td> <td id="xdx_98D_ecustom--TaxesLossesCarryforwardLiabilities_pn6n6_c20250101__20251231_zhvZneDdljOj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Liabilities">–</td> <td id="xdx_98A_eifrs-full--DeferredTaxExpenseIncomeRecognisedInProfitOrLoss_pn6n6_c20250101__20251231_zJo027vQSjEe" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Taxes losses carryforward, Deferred taxes net">(2,484)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Provision for asset retirement obligations and other liabilities</td> <td id="xdx_982_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesAssets_pn6n6_c20250101__20251231_zgKURFwspia5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Assets">(281)</td> <td id="xdx_98E_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilities_pn6n6_c20250101__20251231_z0mGljzfIu4f" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Liabilities">77</td> <td id="xdx_989_ecustom--ProvisionForAssetRetirementObligationsAndOtherLiabilitiesDeferredTaxesNet_pn6n6_c20250101__20251231_zIsQsqhEEeel" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Provision for asset retirement obligations and other liabilities, Deferred taxes net">(358)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of financial instruments</td> <td id="xdx_98A_ecustom--FairValueOfFinancialInstrumentsDeferredTaxAssets_pn6n6_c20250101__20251231_zLRz2WyLBmaj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Assets">(387)</td> <td id="xdx_989_ecustom--FairValueOfFinancialInstrumentsDeferredTaxLiabilities_pn6n6_c20250101__20251231_zd5o1Uv49fB3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Liabilities">–</td> <td id="xdx_989_ecustom--FairValueOfFinancialInstruments_pn6n6_c20250101__20251231_zXqbp1ZUBZK6" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of financial instruments, Deferred taxes net">(387)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of intangibles and property, plant and equipment in business combination</td> <td id="xdx_98A_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationAssets_pn6n6_c20250101__20251231_z0sS1jKHc4w7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Assets">–</td> <td id="xdx_98C_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationLiabilities_pn6n6_c20250101__20251231_zrlmkoPftY3l" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Liabilities">(608)</td> <td id="xdx_98E_ecustom--FairValueOfIntangiblesAndPropertyPlantAndEquipmentInBusinessCombinationDeferredTaxesNet_pn6n6_c20250101__20251231_z7dfZI8RK4v9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of intangibles and property, plant and equipment in business combination, Deferred taxes net">608</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_983_ecustom--OtherDeferredTaxAssets_pn6n6_c20250101__20251231_zzoFBhMbc4c2" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Assets">(116)</td> <td id="xdx_98A_ecustom--OtherDeferredTaxLiabilities_iI_pn6n6_c20250101__20251231_zNwFih29Lb58" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Liabilities">10</td> <td id="xdx_983_ecustom--OtherDeferredTaxNet_pn6n6_c20250101__20251231_zmmkpcsgGmw8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, Deferred taxes net">(126)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect in income statement</td> <td id="xdx_986_ecustom--EffectInIncomeStatementDeferredTaxAssets_pn6n6_c20250101__20251231_zpMJHFhH6GQd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Assets">(3,268)</td> <td id="xdx_987_ecustom--EffectInIncomeStatementDeferredTaxLiability_pn6n6_c20250101__20251231_z7UspJo9tHg5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Liabilities">(521)</td> <td id="xdx_98D_ecustom--EffectInIncomeStatement_pn6n6_c20250101__20251231_z5Kh0bwkokK8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect in income statement, Deferred taxes net">(2,747)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Employee post-retirement obligation</td> <td id="xdx_980_ecustom--EmployeePostretirementObligationAssets_pn6n6_c20250101__20251231_zMUrKsnBexHi" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Assets">7</td> <td id="xdx_989_ecustom--EmployeePostretirementObligationLiabilities_pn6n6_c20250101__20251231_zv2oMVYHJQn1" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Liabilities">9</td> <td id="xdx_984_ecustom--EmployeePostretirementObligation_pn6n6_c20250101__20251231_zQh4yWswNd15" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employee post-retirement obligation, Deferred taxes net">(2)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other comprehensive income</td> <td id="xdx_980_ecustom--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncomeDeferredTaxAsset_pn6n6_c20250101__20251231_zeWd9R34lo3j" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Assets">7</td> <td id="xdx_98D_ecustom--OtherComprehensiveIncomeLiabilities_pn6n6_c20250101__20251231_zhhDbG62iu9f" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Liabilities">9</td> <td id="xdx_98B_eifrs-full--IncomeTaxRelatingToComponentsOfOtherComprehensiveIncome_pn6n6_c20250101__20251231_z0j0Gfav1LIf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other comprehensive income, Deferred taxes net">(2)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer between assets and liabilities</td> <td id="xdx_98B_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxAssets_pn6n6_c20250101__20251231_zOSKgq83eVL9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Assets">430</td> <td id="xdx_980_ecustom--TransfersBetweenAssetsAndLiabilitiesDeferredTaxLiability_pn6n6_c20250101__20251231_znkZr6bAR0bj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers between assets and liabilities, Liabilities">430</td> <td id="xdx_980_ecustom--TransferBetweenAssetsAndLiabilitiesDeferredTaxesNet_pn6n6_c20250101__20251231_zKSqzFbKqV19" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between assets and liabilities, Deferred taxes net">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_98D_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxAsset_pn6n6_c20250101__20251231_zIEmSVNccfx4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Assets">914</td> <td id="xdx_987_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiability_pn6n6_c20250101__20251231_zvjXjVY6WJ" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Liabilities">60</td> <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesDeferredTaxLiabilityAsset_pn6n6_c20250101__20251231_z3BSEhowl8N1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment, Deferred taxes net">854</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Incorporations, acquisitions and divestments</td> <td id="xdx_98B_ecustom--IncorporationsAcquisitionsAndDivestmentsAssets_pn6n6_c20250101__20251231_zlNDavN3vNo3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Assets">(9)</td> <td id="xdx_98A_ecustom--IncorporationsAcquisitionsAndDivestmentsLiabilities_pn6n6_c20250101__20251231_zIAsg1oIPTqh" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Liabilities">(316)</td> <td id="xdx_98F_ecustom--IncorporationsAcquisitionsAndDivestmentsDeferredTaxesNet_pn6n6_c20250101__20251231_zz0sMPOxfAu9" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Incorporations, acquisitions and divestments, Deferred taxes net">307</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_986_eifrs-full--DeferredTaxAssets_iE_pn6n6_c20250101__20251231_z6OOmdeJivZg" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at ending of period, Assets">6,318</td> <td id="xdx_987_eifrs-full--DeferredTaxLiabilities_iE_pn6n6_c20250101__20251231_zJebe5Evmb92" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at ending of period, Liabilities">107</td> <td id="xdx_98D_eifrs-full--DeferredTaxLiabilityAsset_iE_pn6n6_c20250101__20251231_zSfQY1rXLmo8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at ending of period, Deferred taxes net">6,211</td></tr> </table>

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1336000000

<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfUncertainTaxPositionsTableTextBlock_zsC3HMmoYgbf" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 3)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of uncertain tax positions</td> <td id="xdx_499_20250101__20251231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--AssessedMember_z4XffIIKbf29" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_498_20250101__20251231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--PotentialMember_zhvNSdz2KmX5" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49B_20250101__20251231_zWW8AHFLI4f8" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--AssessedMember_zHoXTweqZfu" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49D_20240101__20241231__ifrs-full--MethodOfAssessmentOfExpectedCreditLossesAxis__custom--PotentialMember_zDS1uAPwWkx2" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49B_20240101__20241231_znlRHD3EGdcg" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"><td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 38%; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assessed (i)</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Potential (ii)</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assessed (i)</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Potential (ii)</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr id="xdx_40B_ecustom--UtpsNotRecordedOnStatementOfFinancialPositionAbstract_iB_zqRF4cvGE68l"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">UTPs not recorded on statement of financial position</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40B_ecustom--TransferPricingOverExportationOfOresToForeignSubsidiary_zyK5gm3Aifj4"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer pricing over the exportation of ores to a foreign subsidiary</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,819</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,808</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,627</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,893</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,608</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,501</td></tr> <tr id="xdx_409_eifrs-full--InterestExpense_z7gN6d98q8R9"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses of interest on capital </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,311</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,311</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,402</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,402</td></tr> <tr id="xdx_400_ecustom--ProceedingRelatedToIncomeTaxPaidAbroad_zr7RqAdkS4Cb"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeding related to income tax paid abroad </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">517</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">517</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">427</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">427</td></tr> <tr id="xdx_403_ecustom--GoodwillAmortization_zRkp7y31u5if"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Goodwill amortization </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,008</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">77</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,085</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">807</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">62</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">869</td></tr> <tr id="xdx_40C_ecustom--PaymentsToRenovaFoundation_zqDj8fngGisc"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payments to Renova Foundation (iii)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">733</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">277</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,010</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">327</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">351</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">678</td></tr> <tr id="xdx_405_ecustom--OtherTaxAuthority_zXqN8jvMX9Uj"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">470</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">470</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">419</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">419</td></tr> <tr id="xdx_40E_ecustom--TotalNotRecordedOnBalanceSheet_znCi11Phnb5e"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total not recorded on statement of financial position</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8,858</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,162</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,020</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,275</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,021</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9,296</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_406_ecustom--UtpsRecordedOnStatementOfFinancialPositionAbstract_iB_zjcyitUJp6M7"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">UTPs recorded on statement of financial position</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_406_ecustom--DeductionsOfCsllInBrazil_zHiknHYFP5Xb"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deduction of CSLL in Brazil (iv)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td></tr> <tr id="xdx_405_ecustom--TotalRecordedBalanceSheet_zo3BxCkLnZU4"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total recorded on statement of financial position</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">154</td></tr> </table> (i) Includes the tax effects arising from the reduction of the tax losses and negative basis of the CSLL, with fines and interest. (ii) Includes the principal, without fines and interest. (iii) In October 2025, the Company received a tax assessment notice related to the 2020 fiscal year, in the amount of US$334. (iv) Based on an administrative decision issued by the Brazilian Administrative Council of Tax Appeals (CARF) in July 2025, the amount was partially settled (US$56), while the remaining balance (US$128) was reversed from liabilities, impacting the “income taxes” line in the consolidated income statement for the year ended December 31, 2025. 4819000000 1808000000 6627000000 3893000000 1608000000 5501000000

1311000000

1402000000

517000000 517000000 427000000 427000000 1008000000 77000000 1085000000 807000000 62000000 869000000 733000000 277000000 1010000000 327000000 351000000 678000000 470000000 470000000 419000000 419000000 8858000000 2162000000 11020000000 7275000000 2021000000 9296000000 154000000 154000000 154000000 154000000

3684000000

2979000000

1135000000 914000000 4819000000 3893000000 1808000000 1608000000

997000000

1149000000

314000000 253000000 1311000000 1402000000 517000000 427000000

864000000

692000000

144000000 115000000 1008000000 807000000 77000000 62000000

674000000

280000000

59000000 47000000 733000000 327000000 277000000 351000000 <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--RecoverableAndPayableTaxesTableTextBlock_pn6n6_zkivaTUwS008" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Taxes (Details 4)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of recoverable and payable taxes</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current assets</td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current assets</td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current liabilities</td> <td colspan="2" style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="width: 36%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right"> 2025</td> <td style="vertical-align: bottom; width: 8%; font-family: Times New Roman,serif; text-align: right"> 2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Value-added tax ("ICMS")</td> <td id="xdx_98C_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zO0zXj2rzaCd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">311</td> <td id="xdx_984_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zPcvgHw6xEE" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">260</td> <td id="xdx_987_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zMuOwT1BuJEf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">19</td> <td id="xdx_980_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zj6HJG4KKPTj" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">3</td> <td id="xdx_989_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zWm1aHTSYuVj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">52</td> <td id="xdx_988_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_z4Eov6BA54T7" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">34</td> <td id="xdx_98B_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_z5f5yUgpYucj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td> <td id="xdx_98C_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--ValueAddedTaxMember_zUq9Hk1r2JC3" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazilian federal contributions ("PIS" and "COFINS") </td> <td id="xdx_987_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zybNjnb03n4l" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">208</td> <td id="xdx_98E_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zJ4apwh5uSR9" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">266</td> <td id="xdx_98B_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zSRI15mIpQyb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">1,293</td> <td id="xdx_986_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zfIZUkuLEjSd" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">975</td> <td id="xdx_983_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zyTzv3CJmGN" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">2</td> <td id="xdx_98E_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--BrazilianFederalContributionsMember_zw6pRZqEmW5j" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">12</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income taxes</td> <td id="xdx_980_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zZZACEf4TrL2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">973</td> <td id="xdx_981_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zftFneqMWiAh" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">564</td> <td id="xdx_98B_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--IncomeTaxesMember_z0IT6tWElp1k" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">462</td> <td id="xdx_98E_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zsY3olyXVKDg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">319</td> <td id="xdx_989_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--IncomeTaxesMember_z9hzvayYL6S8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">351</td> <td id="xdx_988_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--IncomeTaxesMember_zCv10zgA3AQd" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">317</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial compensation for the exploration of mineral resources ("CFEM")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--FinancialCompensationForExplorationOfMineralResourcesMember_zbjTDADHQJR8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">77</td> <td id="xdx_98D_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--FinancialCompensationForExplorationOfMineralResourcesMember_ziGE1aaKMDbe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">63</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td id="xdx_98B_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--OthersMember_zQ4C9dCuSalk" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">13</td> <td id="xdx_98D_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--OthersMember_zx7cV6lUATZi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">10</td> <td id="xdx_989_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--OthersMember_ziXMIKRlqgql" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">2</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--OthersMember_zolOyJ277yd2" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">205</td> <td id="xdx_98D_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--OthersMember_zQt4EnvbeDed" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">148</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total taxes payable and recoverable</td> <td id="xdx_986_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20251231_zTY5nhKWk29e" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">1,505</td> <td id="xdx_98A_eifrs-full--CurrentTaxAssetsCurrent_iI_pn6n6_c20241231_zH5sWw0nc8Ae" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, current">1,100</td> <td id="xdx_981_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20251231_zcFg0otS4Jr4" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">1,776</td> <td id="xdx_989_eifrs-full--CurrentTaxAssetsNoncurrent_iI_pn6n6_c20241231_zu65U7YGiSRg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax assets, non-current">1,297</td> <td id="xdx_987_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20251231_zyopuFv5Md46" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">687</td> <td id="xdx_989_eifrs-full--CurrentTaxLiabilitiesCurrent_iI_pn6n6_c20241231_zhRctqtroHOc" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, current">574</td> <td id="xdx_988_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20251231_zKGUgpLibIcc" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td> <td id="xdx_98A_eifrs-full--CurrentTaxLiabilitiesNoncurrent_iI_pn6n6_c20241231_z6vh6p8ufVje" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current tax liabilities, noncurrent">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">REFIS liabilities (i)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_zv68C7hdoERa" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">423</td> <td id="xdx_98B_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_zSo7k9rnI84b" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">353</td> <td id="xdx_98F_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20251231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_z2xPcFBZayD9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">784</td> <td id="xdx_985_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20241231__custom--TaxTypeAxis__custom--REFISliabilitiesMember_zCUC6o9dKHVi" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">1,007</td></tr> <tr> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total REFIS liabilities</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20251231_zSxyCmuAovUe" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">423</td> <td id="xdx_987_ecustom--RefisCurrentLiabilities_iI_pn6n6_c20241231_zYyv4BHnysqi" style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS current liabilities">353</td> <td id="xdx_98F_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20251231_z95CshAzsgV3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">784</td> <td id="xdx_982_ecustom--RefisNoncurrentLiabilities_iI_pn6n6_c20241231_zeQdUo5yyyFk" style="border-bottom: teal 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="REFIS noncurrent liabilities">1,007</td></tr> </table> (i) The balance mainly relates to the settlement programs of claims regarding the collection of income tax and social contribution on equity gains of foreign subsidiaries and associates from 2003 to 2012. This amount bears SELIC interest rate (Special System for Settlement and Custody) and will be paid in monthly installments until October 2028 and the impact of the SELIC over the liability is recorded under the Company’s financial results (note 18). SELIC rate at the end of the fiscal year ended December 31, 2025, is 15.00% (2024: 12.25%).

311000000

260000000

19000000

3000000

52000000

34000000

208000000

266000000

1293000000

975000000

2000000

12000000

973000000

564000000

462000000

319000000

351000000

317000000

77000000

63000000

13000000

10000000

2000000

205000000

148000000

1505000000

1100000000

1776000000

1297000000

687000000

574000000

423000000 353000000 784000000 1007000000 423000000 353000000 784000000 1007000000

For the Vale S.A.’s subsidiaries that operate in jurisdictions where the tax rate is lower than the tax rate applicable in Brazil, the Brazilian corporate tax law requires Vale S.A. to pay in Brazil the income tax related with the referred rate differential. Therefore, the income tax charge is computed in the consolidated financial statements using the tax rate enacted at the end of the reporting period in Brazil. Taxes Management regularly assesses positions taken in tax returns concerning situations where applicable tax regulations are subject to interpretation. Provisions are established, as needed, based on expected amounts payable to tax authorities. Liabilities related to uncertain tax positions are recorded only when it is deemed, with a more-likely-than-not probability, that these positions will withstand challenges, if any, from taxing authorities, based on input from internal and external legal advisors. Deferred income taxes are recognized for temporary differences between the carrying amount and the tax basis of assets and liabilities, as well as tax losses carryforwards. However, deferred tax liabilities arising from the initial recognition of goodwill are not recognized. Additionally, deferred income tax is not accounted for if it arises from the initial recognition of an asset or liability in a transaction that is not a business combination and, at the time of the transaction, affects neither accounting profit nor taxable profit (tax loss) and does not give rise to equal taxable and deductible temporary differences. Offset of deferred tax assets and liabilities occurs when there is a legally enforceable right to offset current tax assets and liabilities, and when the deferred tax balances pertain to the same taxation authority. Deferred tax assets resulting from tax losses and temporary differences are not recognized when it is not probable that future taxable profit will be available against which these differences and/or tax losses can be utilized. The Company evaluates annually the recoverability of these deferred tax assets through the revision of the future taxable profit estimates. Current and deferred tax is recognized in profit or loss unless it relates to items recognized in other comprehensive income or directly in equity. In such cases, the tax is also recognized in other comprehensive income or directly in equity, respectively.

6. Basic and diluted earnings per share The basic and diluted earnings per share are presented below: <table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn6n6_zhtw3kow1d16" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Basic and diluted earnings per share (Details)"> <tr style="vertical-align: bottom"> <td style="background-color: white; font-family: Times New Roman,serif">Schedule of basic and diluted earnings per share</td> <td id="xdx_49A_20250101__20251231_zlzle1hiBrE" style="text-align: center; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td id="xdx_490_20240101__20241231_zT3T38spTpE3" style="text-align: center; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_495_20230101__20231231_zQNWmiB0Fcea" style="text-align: center; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 70%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net income attributable to Vale S.A.'s shareholders</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,352</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,166</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,983</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40D_ecustom--ThousandsOfSharesAbstract_iB_zKQqixy9s5h2"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Thousands of shares </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40F_eifrs-full--WeightedAverageShares_pip0_zah4AeAtpCO1"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Weighted average number of common shares outstanding</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,268,775</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,274,854</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,366,130</td></tr> <tr id="xdx_405_ecustom--WeightedAverageNumberOfCommonSharesOutstandingAndPotentialOrdinaryShares_pip0_zz2FmUiLHul9"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Weighted average number of common shares outstanding and potential ordinary shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,274,804</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,279,867</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,369,961</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Basic and diluted earnings per share attributable to Vale S.A.'s shareholders</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #DBDBDB 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Common share (US$)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--BasicEarningsLossPerShare_pip0_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zz7jWSgDA612" title="Basic earnings per share attributable to Vale S.A.'s shareholders"><span id="xdx_902_eifrs-full--DilutedEarningsLossPerShare_pip0_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z2OlOYpkyEmb" title="Diluted earnings per share attributable to Vale S.A.'s shareholders">0.55 </td> <td style="border-bottom: #DBDBDB 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--BasicEarningsLossPerShare_pip0_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zcJckXtdzdq4" title="Basic earnings per share attributable to Vale S.A.'s shareholders"><span id="xdx_90C_eifrs-full--DilutedEarningsLossPerShare_pip0_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z5Nc53SRfjc5" title="Diluted earnings per share attributable to Vale S.A.'s shareholders">1.44 </td> <td style="border-bottom: #DBDBDB 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--BasicEarningsLossPerShare_pip0_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zOxgEEsEj6Ck" title="Basic earnings per share attributable to Vale S.A.'s shareholders"><span id="xdx_905_eifrs-full--DilutedEarningsLossPerShare_pip0_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zVGQPZwy7Gr6" title="Diluted earnings per share attributable to Vale S.A.'s shareholders">1.83 </td></tr> </table> <img alt="" src="valedfifrs4q256k_010.jpg"/>

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--EarningsPerShareExplanatory_pn6n6_zhtw3kow1d16" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Basic and diluted earnings per share (Details)"> <tr style="vertical-align: bottom"> <td style="background-color: white; font-family: Times New Roman,serif">Schedule of basic and diluted earnings per share</td> <td id="xdx_49A_20250101__20251231_zlzle1hiBrE" style="text-align: center; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td id="xdx_490_20240101__20241231_zT3T38spTpE3" style="text-align: center; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_495_20230101__20231231_zQNWmiB0Fcea" style="text-align: center; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 70%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_401_eifrs-full--ProfitLossAttributableToOwnersOfParent_i_pn6n6"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net income attributable to Vale S.A.'s shareholders</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,352</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,166</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,983</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40D_ecustom--ThousandsOfSharesAbstract_iB_zKQqixy9s5h2"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Thousands of shares </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40F_eifrs-full--WeightedAverageShares_pip0_zah4AeAtpCO1"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Weighted average number of common shares outstanding</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,268,775</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,274,854</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,366,130</td></tr> <tr id="xdx_405_ecustom--WeightedAverageNumberOfCommonSharesOutstandingAndPotentialOrdinaryShares_pip0_zz2FmUiLHul9"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Weighted average number of common shares outstanding and potential ordinary shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,274,804</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,279,867</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,369,961</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Basic and diluted earnings per share attributable to Vale S.A.'s shareholders</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #DBDBDB 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Common share (US$)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--BasicEarningsLossPerShare_pip0_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zz7jWSgDA612" title="Basic earnings per share attributable to Vale S.A.'s shareholders"><span id="xdx_902_eifrs-full--DilutedEarningsLossPerShare_pip0_c20250101__20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z2OlOYpkyEmb" title="Diluted earnings per share attributable to Vale S.A.'s shareholders">0.55 </td> <td style="border-bottom: #DBDBDB 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--BasicEarningsLossPerShare_pip0_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zcJckXtdzdq4" title="Basic earnings per share attributable to Vale S.A.'s shareholders"><span id="xdx_90C_eifrs-full--DilutedEarningsLossPerShare_pip0_c20240101__20241231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_z5Nc53SRfjc5" title="Diluted earnings per share attributable to Vale S.A.'s shareholders">1.44 </td> <td style="border-bottom: #DBDBDB 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--BasicEarningsLossPerShare_pip0_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zOxgEEsEj6Ck" title="Basic earnings per share attributable to Vale S.A.'s shareholders"><span id="xdx_905_eifrs-full--DilutedEarningsLossPerShare_pip0_c20230101__20231231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zVGQPZwy7Gr6" title="Diluted earnings per share attributable to Vale S.A.'s shareholders">1.83 </td></tr> </table>

2352000000

6166000000

7983000000

4268775

4274854

4366130

4274804 4279867 4369961

0.55

1.44

1.83

7. Accounts receivable <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfAccountsReceivableTableTextBlock_pn6n6_zLIlHT0ux9pg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Accounts receivable (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of accounts receivable</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_491_20251231_zvwVM7c1Sdc1" style="background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center"> </td> <td id="xdx_494_20241231_zwIXYtfoKqv6" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr id="xdx_408_eifrs-full--ReceivablesFromContractsWithCustomersAbstract_iB_zjICXTeAFzn1"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Receivables from contracts with customers</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_400_eifrs-full--TradeReceivables_iI_zcleY757PuN4"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Third parties</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98F_eifrs-full--TradeReceivables_iI_pn6n6_c20251231__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zzk1FIcVvgS5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">1,276</td> <td id="xdx_989_eifrs-full--TradeReceivables_iI_pn6n6_c20241231__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zU3BBFMtGHXf" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">1,540</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_987_eifrs-full--TradeReceivables_iI_pn6n6_c20251231__ifrs-full--SegmentsAxis__custom--EnergyTransitionMetalsMember_z1vcPoT7qlK2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">944</td> <td id="xdx_98E_eifrs-full--TradeReceivables_iI_pn6n6_c20241231__ifrs-full--SegmentsAxis__custom--EnergyTransitionMetalsMember_zTRPhd5MRPL6" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">788</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--TradeReceivables_iI_pn6n6_c20251231__ifrs-full--SegmentsAxis__ifrs-full--AllOtherSegmentsMember_zOSWTQ2KJ9Dj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">16</td> <td id="xdx_98E_eifrs-full--TradeReceivables_pn6n6_c20241231__ifrs-full--SegmentsAxis__ifrs-full--AllOtherSegmentsMember_zbCNeS49uVA5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">19</td></tr> <tr id="xdx_400_eifrs-full--TradeAndOtherReceivablesDueFromRelatedParties_iI_z9vEndw2h86f"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Related parties </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">115</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">63</td></tr> <tr id="xdx_40B_ecustom--CurrentTradeReceivable_iI_zW0YJh9DcKuh"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,351</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,410</td></tr> <tr id="xdx_402_ecustom--AllowanceAccountForCreditLossesOfFinancialAsset_iI_zQSFqiQwTsif"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected credit loss</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(54)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(52)</td></tr> <tr id="xdx_402_ecustom--CurrentTradeReceivablesNet_iI_zFCrj4uSSMe9"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable, net</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,297</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,358</td></tr> </table> Provisionally priced commodities sales - The Company is mainly exposed to iron ore and copper price risk. The determination of the final sales price for these commodities is based on the pricing period outlined in the sales contracts, typically occurring after the revenue recognition date. Consequently, the Company initially recognizes revenue using a provisional invoice. Subsequently, the receivables associated with provisionally priced products are measured at fair value through profit or loss (note 19). Any fluctuations in the value of these receivables are reflected in the Company's net operating revenue. In the year ended December 31, 2025, the net operating revenue arising from fair value adjustments to provisionally priced contracts totaled US$548. The sensitivity of the Company’s risk related to the final settlement of provisionally priced accounts receivable is detailed below: <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--ScheduleOfSensitivityOfCompanySRiskOnFinalSettlementTableTextBlock_pn6n6_zWCS5a1K0ndc" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Accounts receivable (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of sensitivity of the company's risk on final settlement</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 44%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Thousand metric tons</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Provisional price (US$/ton)</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Variation</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Effect on revenue (US$ million)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_ecustom--ThousandMetricTonsOfProvisionallyPricedAccountsReceivables_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z9bRYeVZpIZ8" title="Thousand metric tons">19,006</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">107</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+-10%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+- <span id="xdx_90C_eifrs-full--IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossAfterTaxAssets_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zDmFZKRoObwg" title="Effect on revenue">203</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pellet</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">157</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">102</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+-10%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+- <span id="xdx_906_eifrs-full--IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossAfterTaxAssets_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PelletMember_zi2bI5K1Yeb8" title="Effect on revenue">2</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Copper</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">61</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,044</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+-10%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+- <span id="xdx_904_eifrs-full--IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossAfterTaxAssets_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zP0hz1V3lYBe" title="Effect on revenue">75</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> The accounts receivables represent the amounts receivable from the sale of products and services rendered by the Company and are recognized at fair value and subsequently measured at amortized cost using the effective interest method, except for the components related to commodity sales with provisional pricing, which are subsequently measured at fair value through profit or loss. Accounts receivables The Company applies the IFRS 9 - Financial Instruments simplified approach for measuring expected credit losses. This approach utilizes a lifetime expected loss allowance for the accounts receivable measured at amortized cost. A provision matrix, established by the Company, forms the basis for this measurement. The matrix incorporates historical credit loss experience, adjusted for forward-looking factors specific to the economic environment, and considers any financial guarantees associated with these accounts receivables. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfAccountsReceivableTableTextBlock_pn6n6_zLIlHT0ux9pg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Accounts receivable (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of accounts receivable</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_491_20251231_zvwVM7c1Sdc1" style="background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center"> </td> <td id="xdx_494_20241231_zwIXYtfoKqv6" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr id="xdx_408_eifrs-full--ReceivablesFromContractsWithCustomersAbstract_iB_zjICXTeAFzn1"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Receivables from contracts with customers</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_400_eifrs-full--TradeReceivables_iI_zcleY757PuN4"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Third parties</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98F_eifrs-full--TradeReceivables_iI_pn6n6_c20251231__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zzk1FIcVvgS5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">1,276</td> <td id="xdx_989_eifrs-full--TradeReceivables_iI_pn6n6_c20241231__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zU3BBFMtGHXf" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">1,540</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_987_eifrs-full--TradeReceivables_iI_pn6n6_c20251231__ifrs-full--SegmentsAxis__custom--EnergyTransitionMetalsMember_z1vcPoT7qlK2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">944</td> <td id="xdx_98E_eifrs-full--TradeReceivables_iI_pn6n6_c20241231__ifrs-full--SegmentsAxis__custom--EnergyTransitionMetalsMember_zTRPhd5MRPL6" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">788</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--TradeReceivables_iI_pn6n6_c20251231__ifrs-full--SegmentsAxis__ifrs-full--AllOtherSegmentsMember_zOSWTQ2KJ9Dj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">16</td> <td id="xdx_98E_eifrs-full--TradeReceivables_pn6n6_c20241231__ifrs-full--SegmentsAxis__ifrs-full--AllOtherSegmentsMember_zbCNeS49uVA5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">19</td></tr> <tr id="xdx_400_eifrs-full--TradeAndOtherReceivablesDueFromRelatedParties_iI_z9vEndw2h86f"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Related parties </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">115</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">63</td></tr> <tr id="xdx_40B_ecustom--CurrentTradeReceivable_iI_zW0YJh9DcKuh"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,351</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,410</td></tr> <tr id="xdx_402_ecustom--AllowanceAccountForCreditLossesOfFinancialAsset_iI_zQSFqiQwTsif"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected credit loss</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(54)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(52)</td></tr> <tr id="xdx_402_ecustom--CurrentTradeReceivablesNet_iI_zFCrj4uSSMe9"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable, net</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,297</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,358</td></tr> </table>

1276000000

1540000000

944000000

788000000

16000000

19000000

115000000

63000000

2351000000 2410000000 -54000000 -52000000 2297000000 2358000000 548000000 <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--ScheduleOfSensitivityOfCompanySRiskOnFinalSettlementTableTextBlock_pn6n6_zWCS5a1K0ndc" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Accounts receivable (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of sensitivity of the company's risk on final settlement</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 44%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Thousand metric tons</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Provisional price (US$/ton)</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Variation</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Effect on revenue (US$ million)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_ecustom--ThousandMetricTonsOfProvisionallyPricedAccountsReceivables_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_z9bRYeVZpIZ8" title="Thousand metric tons">19,006</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">107</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+-10%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+- <span id="xdx_90C_eifrs-full--IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossAfterTaxAssets_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreMember_zDmFZKRoObwg" title="Effect on revenue">203</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pellet</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">157</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">102</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+-10%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+- <span id="xdx_906_eifrs-full--IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossAfterTaxAssets_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PelletMember_zi2bI5K1Yeb8" title="Effect on revenue">2</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Copper</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">61</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,044</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+-10%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">+- <span id="xdx_904_eifrs-full--IncreaseDecreaseInFairValueMeasurementDueToReasonablyPossibleIncreaseInUnobservableInputRecognisedInProfitOrLossAfterTaxAssets_pn6n6_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--CopperMember_zP0hz1V3lYBe" title="Effect on revenue">75</td></tr> </table> 19,006 107

0.10

203000000

157 102

0.10

2000000

61 11,044

0.10

75000000

The accounts receivables represent the amounts receivable from the sale of products and services rendered by the Company and are recognized at fair value and subsequently measured at amortized cost using the effective interest method, except for the components related to commodity sales with provisional pricing, which are subsequently measured at fair value through profit or loss. Accounts receivables The Company applies the IFRS 9 - Financial Instruments simplified approach for measuring expected credit losses. This approach utilizes a lifetime expected loss allowance for the accounts receivable measured at amortized cost. A provision matrix, established by the Company, forms the basis for this measurement. The matrix incorporates historical credit loss experience, adjusted for forward-looking factors specific to the economic environment, and considers any financial guarantees associated with these accounts receivables.

8. Inventories <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfInventoriesTableTextBlock_zvnGDlUQJaDd" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Inventories (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of inventories</td> <td id="xdx_491_20251231_zZ6jldKHIW9k" style="text-align: center; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_49A_20241231_zT5oih0Uuxu2" style="text-align: center; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 72%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr id="xdx_409_ecustom--FinishedProductsAbstract_iB_zfKU4HCn8tD8"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Finished products</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td id="xdx_986_eifrs-full--FinishedGoods_iI_pn6n6_c20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreSolutionsMember_zg0n4ILl8S63" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">3,184</td> <td id="xdx_982_eifrs-full--FinishedGoods_iI_pn6n6_c20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreSolutionsMember_z0tBzLI1E4wl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">2,493</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td id="xdx_983_eifrs-full--FinishedGoods_iI_pn6n6_c20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zA2kB09tRYLf" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">686</td> <td id="xdx_98B_eifrs-full--FinishedGoods_iI_pn6n6_c20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z53pG4B1u3Uh" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">571</td></tr> <tr id="xdx_40B_eifrs-full--FinishedGoods_iI_zadT9k6BETu1"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total finished products</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,870</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,064</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_402_eifrs-full--WorkInProgress_iI_zZJkj9b5eGQh"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Work in progress</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">901</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">691</td></tr> <tr id="xdx_406_eifrs-full--SpareParts_iI_zqnDXutWA8D1"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Consumable inventory</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,168</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">988</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40F_ecustom--NetRealizableValueProvisionI_iNI_di_zDpG1tGJFbme"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net realizable value provision </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(138)</td></tr> <tr id="xdx_406_eifrs-full--Inventories_iI_zxgj5ukevbwj"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total of inventories</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,937</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,605</td></tr> </table> The cost of goods sold is presented in note 4(a). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom"> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Inventories are stated at the lower of cost and net realizable value. Inventory production cost comprises variable and fixed costs, direct and indirect costs of production and are assigned to individual items of inventory based on weighted average costs method. At the end of the reporting period, net realizable value of inventories are assessed and a provision for losses on obsolete or slow-moving inventory may be recognized. The write-downs and reversals are recognized as “Cost of goods sold, and services rendered”. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfInventoriesTableTextBlock_zvnGDlUQJaDd" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Inventories (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of inventories</td> <td id="xdx_491_20251231_zZ6jldKHIW9k" style="text-align: center; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_49A_20241231_zT5oih0Uuxu2" style="text-align: center; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 72%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr id="xdx_409_ecustom--FinishedProductsAbstract_iB_zfKU4HCn8tD8"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Finished products</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Iron Ore Solutions</td> <td id="xdx_986_eifrs-full--FinishedGoods_iI_pn6n6_c20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOreSolutionsMember_zg0n4ILl8S63" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">3,184</td> <td id="xdx_982_eifrs-full--FinishedGoods_iI_pn6n6_c20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOreSolutionsMember_z0tBzLI1E4wl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">2,493</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals</td> <td id="xdx_983_eifrs-full--FinishedGoods_iI_pn6n6_c20251231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_zA2kB09tRYLf" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">686</td> <td id="xdx_98B_eifrs-full--FinishedGoods_iI_pn6n6_c20241231__ifrs-full--ProductsAndServicesAxis__custom--EnergyTransitionMetalsMember_z53pG4B1u3Uh" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Finished products">571</td></tr> <tr id="xdx_40B_eifrs-full--FinishedGoods_iI_zadT9k6BETu1"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total finished products</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,870</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,064</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_402_eifrs-full--WorkInProgress_iI_zZJkj9b5eGQh"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Work in progress</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">901</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">691</td></tr> <tr id="xdx_406_eifrs-full--SpareParts_iI_zqnDXutWA8D1"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Consumable inventory</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,168</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">988</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40F_ecustom--NetRealizableValueProvisionI_iNI_di_zDpG1tGJFbme"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net realizable value provision </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(138)</td></tr> <tr id="xdx_406_eifrs-full--Inventories_iI_zxgj5ukevbwj"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total of inventories</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,937</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,605</td></tr> </table>

3184000000

2493000000

686000000

571000000

3870000000

3064000000

901000000

691000000

1168000000

988000000

2000000 138000000

5937000000

4605000000

Inventories are stated at the lower of cost and net realizable value. Inventory production cost comprises variable and fixed costs, direct and indirect costs of production and are assigned to individual items of inventory based on weighted average costs method. At the end of the reporting period, net realizable value of inventories are assessed and a provision for losses on obsolete or slow-moving inventory may be recognized. The write-downs and reversals are recognized as “Cost of goods sold, and services rendered”.

9. Suppliers and other payables <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfTradeAndOtherPayablesTableTextBlock_pn6n6_zeT6NR8ixAD4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Suppliers and other payables (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of amount due to suppliers</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Third parties</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98E_eifrs-full--TradeAndOtherCurrentPayablesToTradeSuppliers_iI_pn6n6_c20251231_zNgDFFvlv7Ni" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">5,331</td> <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayablesToTradeSuppliers_iI_pn6n6_c20241231_zb3cnofHa702" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">4,004</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Related parties </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td id="xdx_981_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231_z2Mos3Lsgxub" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties">234</td> <td id="xdx_98F_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_pn6n6_c20241231_zxCarcTsiwS3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties">230</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_pn6n6_c20251231_zCNMUmS0YsIl" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total trade and other current payables">5,565</td> <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_pn6n6_c20241231_zzGZNOJXTfki" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total trade and other current payables">4,234</td></tr> </table> The financial liabilities presented as suppliers and other payables in the Company's statement of financial position represent the outstanding balance of invoices for purchases of goods and services, being the average due date usually approximately 60 days. The Company enters into supplier finance arrangements ("Arrangements") as part of the working capital strategy used in the Company's usual operating cycle, being the payment term extension limited to a short-term period. The Company is also party in agreements structured so that certain suppliers can advance their receivables with Vale due to purchases of materials and services, without any type of change in value or payment terms for the Company. These supplier finance arrangements continue to be presented as suppliers in the Company's statement of financial position, as the terms and conditions of the original liabilities were not substantially modified. The carrying amount related to these transactions is shown below: <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--ScheduleOfSupplierFinanceArrangementsTableTextBlock_pn6n6_zHlG77NwgxNh" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Suppliers and other payables (Details 1)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of supplier finance arrangements</td> <td id="xdx_496_20251231_zpKnLwFtrByl" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_493_20241231_zJYPi51vOji5" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 75%; font-family: Times New Roman,serif">December 31,</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 12%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr id="xdx_40D_ecustom--CarryingAmountOfAccountsPayableIncludedInArrangementsOfWhichSuppliersHaveAlreadyReceivedPayment_iI_zCYnMfEnZM2k"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Carrying amount of accounts payable included in the Arrangements of which suppliers have already received payment</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,386</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,343</td></tr> <tr id="xdx_404_ecustom--CarryingAmountOfAccountsPayableIncludedInArrangementsOfWhichSuppliersHaveNotYetReceivedPayment_iI_zrfE0jLdoENf"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Carrying amount of accounts payable included in the Arrangements of which suppliers have not yet received payment</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6</td></tr> <tr id="xdx_40D_ecustom--CarryingAmountRelatingToArrangementsWithSuppliersAndContractors_iI_zLZvfo4dn104"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total carrying amount relating to Arrangements with suppliers and other payables</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,386</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,349</td></tr> </table> Financial charges related to the increase in payment terms are recognized in the financial results as "Interest on working capital transactions" (note 18). The financial charges and foreign exchange gains/losses recognized in the income statement for the year ended December 31, 2025 due to the arrangements totaled, US$134 (2024: US$162) and US$4 (2024: US$6), respectively. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_848_ecustom--DescriptionOfAccountingPolicyForSuppliersAndcontractorsPolicyTextBlock_zKIpivQoVKAj" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #555555">Suppliers and contractors The Company classifies financial liabilities arising from supplier finance arrangements within supplier and other payables in the statement of financial position if they have nature and function similar to the commercial accounts payable. This is the case when the supplier finance arrangement is part of the working capital used in the usual operational cycle of the Company and the terms of the liabilities included in the supplier finance arrangements are not substantially different from the terms of the commercial accounts payable not included in the supplier finance arrangements, i.e., the original financial liability is not substantially modified. The cash flows associated with liabilities included in supplier finance arrangements that are classified as suppliers and other payables in the statement of financial position are presented as operating activities in the statement of cash flows. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfTradeAndOtherPayablesTableTextBlock_pn6n6_zeT6NR8ixAD4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Suppliers and other payables (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of amount due to suppliers</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Third parties</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98E_eifrs-full--TradeAndOtherCurrentPayablesToTradeSuppliers_iI_pn6n6_c20251231_zNgDFFvlv7Ni" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">5,331</td> <td id="xdx_987_eifrs-full--TradeAndOtherCurrentPayablesToTradeSuppliers_iI_pn6n6_c20241231_zb3cnofHa702" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Third parties">4,004</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Related parties </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td id="xdx_981_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231_z2Mos3Lsgxub" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties">234</td> <td id="xdx_98F_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_pn6n6_c20241231_zxCarcTsiwS3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties">230</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td id="xdx_989_eifrs-full--TradeAndOtherCurrentPayables_pn6n6_c20251231_zCNMUmS0YsIl" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total trade and other current payables">5,565</td> <td id="xdx_98C_eifrs-full--TradeAndOtherCurrentPayables_pn6n6_c20241231_zzGZNOJXTfki" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total trade and other current payables">4,234</td></tr> </table>

5331000000

4004000000

234000000 230000000

5565000000

4234000000

<table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--ScheduleOfSupplierFinanceArrangementsTableTextBlock_pn6n6_zHlG77NwgxNh" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Suppliers and other payables (Details 1)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of supplier finance arrangements</td> <td id="xdx_496_20251231_zpKnLwFtrByl" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_493_20241231_zJYPi51vOji5" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 75%; font-family: Times New Roman,serif">December 31,</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 12%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr id="xdx_40D_ecustom--CarryingAmountOfAccountsPayableIncludedInArrangementsOfWhichSuppliersHaveAlreadyReceivedPayment_iI_zCYnMfEnZM2k"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Carrying amount of accounts payable included in the Arrangements of which suppliers have already received payment</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,386</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,343</td></tr> <tr id="xdx_404_ecustom--CarryingAmountOfAccountsPayableIncludedInArrangementsOfWhichSuppliersHaveNotYetReceivedPayment_iI_zrfE0jLdoENf"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Carrying amount of accounts payable included in the Arrangements of which suppliers have not yet received payment</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6</td></tr> <tr id="xdx_40D_ecustom--CarryingAmountRelatingToArrangementsWithSuppliersAndContractors_iI_zLZvfo4dn104"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total carrying amount relating to Arrangements with suppliers and other payables</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,386</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,349</td></tr> </table> 1386000000 1343000000 6000000 1386000000 1349000000 134000000 162000000

4000000

6000000

<p id="xdx_848_ecustom--DescriptionOfAccountingPolicyForSuppliersAndcontractorsPolicyTextBlock_zKIpivQoVKAj" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #555555">Suppliers and contractors The Company classifies financial liabilities arising from supplier finance arrangements within supplier and other payables in the statement of financial position if they have nature and function similar to the commercial accounts payable. This is the case when the supplier finance arrangement is part of the working capital used in the usual operational cycle of the Company and the terms of the liabilities included in the supplier finance arrangements are not substantially different from the terms of the commercial accounts payable not included in the supplier finance arrangements, i.e., the original financial liability is not substantially modified. The cash flows associated with liabilities included in supplier finance arrangements that are classified as suppliers and other payables in the statement of financial position are presented as operating activities in the statement of cash flows. 10. Streaming transactions a) Statement of Financial Position <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfStreamingTransactionsTableTextBlock_pn6n6_zJ8CHATRz5Gi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Streaming transactions (Details)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of statement of financial position</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: silver 1pt solid; width: 22%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Gold streaming</td> <td id="xdx_988_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zEOq0u1ziQ4h" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">81</td> <td id="xdx_986_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zwpsnbYa23jc" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,564</td> <td id="xdx_981_eifrs-full--ContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zTynzKeX9Hc1" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">1,645</td> <td id="xdx_98B_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zibbwMLv5ctg" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">136</td> <td id="xdx_988_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zaQDDUg7rE33" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,442</td> <td id="xdx_987_eifrs-full--ContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zxagRl0XQGa4" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">1,578</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cobalt streaming</td> <td id="xdx_985_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zmqIY0Mqe9n3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">46</td> <td id="xdx_98A_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zUZSuz6HdeI1" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">404</td> <td id="xdx_981_eifrs-full--ContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zVYYIRjcfRal" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">450</td> <td id="xdx_980_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_ziQE9ckAJJu5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">22</td> <td id="xdx_98C_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zabZHFLEdyhj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">439</td> <td id="xdx_98E_eifrs-full--ContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zChDMdyJmskj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">461</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total contract liabilities</td> <td id="xdx_981_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20251231_zmnnneyctBb3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">127</td> <td id="xdx_983_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20251231_zaMY8UaVWAQa" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,968</td> <td id="xdx_98E_eifrs-full--ContractLiabilities_iI_pn6n6_c20251231_zabIwnKPWtGe" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">2,095</td> <td id="xdx_98E_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20241231_zMUvXMOX1w86" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">158</td> <td id="xdx_986_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20241231_zA1dR6CbFDgi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,881</td> <td id="xdx_986_eifrs-full--ContractLiabilities_iI_pn6n6_c20241231_zPk8Sfznbfea" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">2,039</td></tr> </table> b) Effects on the income statement <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfEffectsOnTheIncomeStatementTableTextBlock_pn6n6_z8vxIfBtveJf" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Streaming transactions (Details 1)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of effects on the income statement</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="border-top: white 1pt solid; border-bottom: teal 1pt solid; width: 52%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="border-top: teal 1pt solid; border-bottom: #007E7A 1pt solid; width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="border-top: teal 1pt solid; border-bottom: #007E7A 1pt solid; width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="border-top: teal 1pt solid; border-bottom: #007E7A 1pt solid; width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cobalt streaming</td> <td id="xdx_98D_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zu88zKUD36o3" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">30</td> <td id="xdx_988_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_z3uDtxKN6Ysi" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">19</td> <td id="xdx_980_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zfaPkdglrkzl" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">14</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Gold streaming</td> <td id="xdx_98A_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_z6GPpDJX52ri" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">185</td> <td id="xdx_985_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_ziiA8wWtUUgd" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">122</td> <td id="xdx_988_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zlSiv6179CGa" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">134</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fixed revenue - Contract liabilities realized</td> <td id="xdx_980_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20250101__20251231_zGkaRvjrQGhc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">215</td> <td id="xdx_986_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20240101__20241231_zIhVRXCIGRPj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">141</td> <td id="xdx_988_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20230101__20231231_zRql11QfqPyl" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">148</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cobalt streaming</td> <td id="xdx_98A_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zcLSPGns5aRj" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">11</td> <td id="xdx_98F_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zCWXetmzg0Gk" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">4</td> <td id="xdx_98F_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_z9IrthRdRBUi" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">3</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Gold streaming</td> <td id="xdx_984_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zttoOIhYnkWc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">279</td> <td id="xdx_98A_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zs4ZbDSLnnng" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">102</td> <td id="xdx_986_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zl4Y10oIiBd" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">93</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Variable revenue - Additional payments received</td> <td id="xdx_984_ecustom--VariableRevenueAdditionalPaymentsReceived_c20250101__20251231_zvJPxkDW22kh" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">290</td> <td id="xdx_98D_ecustom--VariableRevenueAdditionalPaymentsReceived_c20240101__20241231_zYzCQRKve8Vk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">106</td> <td id="xdx_98A_ecustom--VariableRevenueAdditionalPaymentsReceived_c20230101__20231231_zeT9gd9aiwR" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">96</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #B6B6B6 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Gold streaming </td></tr> </table> Vale sold to Wheaton Precious Metals Corp. (“Wheaton”) an aggregate total of (i) 75% of the gold produced as a by-product at the Salobo copper mine, in Brazil, over the life of the mine, and (ii) 70% of the gold produced as a by-product at the Sudbury nickel mines, in Canada, until 2034. Vale received upfront payments of (i) US$1.9 billion in 2013, (ii) US$900 in 2015 and (iii) US$800 in 2016. Vale also receives additional payments equal to the lower of 400 United States dollars per ounce of gold delivered and the market price on the delivery date. Under the Salobo streaming agreement, Vale was entitled to receive an additional payment if the copper processing capacity reached a certain production level. The production levels were achieved in 2023 and 2025, in which Vale received additional payments of US$370 and US$144, respectively, which were recorded in the streaming liabilities. In addition, Wheaton will be required to make annual payments of US$<span id="xdx_907_eifrs-full--PaymentsToSuppliersForGoodsAndServices_pn5n6_c20231101__20231130__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z0c9I07sPpFk">8.5 for a 10-year period should the Salobo complex achieve specific mining rates and copper feed grades. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #B6B6B6 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Cobalt streaming</td></tr> </table> In June 2018, Vale sold to Wheaton and Cobalt 27 Capital Corp. (“Cobalt 27”) a combined 75% of the cobalt produced as a by-product at its Voisey’s Bay mine starting January 1, 2021, for the amount of US$690. Vale also receives additional payments of 20%, in average, of the cobalt prices for each finished cobalt delivered. In February 2021, the stream originally sold to Cobalt 27 was transferred to the Anglo Pacific Group. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Streaming transactions The Company bifurcates both streaming transactions in two identifiable components: (i) the sale of the mineral rights and (ii) provisions of extraction services. Sale of mineral rights - The amount allocated to this component is recognized as revenue in the income statement when the Company transfers ownership of the mineral rights to the counterparty. The cost related to the component sold is recognized in the income statement at the same moment. Extraction services - The Company recognizes contract liabilities in the event it receives payments from customers before a sale meets criteria for revenue recognition. Proceeds received under the terms of the streaming transaction allocated to this component are accounted for as “streaming transactions” and included within liabilities. Contract liability is initially recognized at fair value, net of transaction costs incurred, and is subsequently carried at amortized cost and updated using the effective interest rate method. Contract liability is released to the income statement based on the units of production, that is, revenue is calculated based on volume produced compared to the total proved and probable reserves of gold or cobalt, which are reviewed and remeasured annually. </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfStreamingTransactionsTableTextBlock_pn6n6_zJ8CHATRz5Gi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Streaming transactions (Details)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of statement of financial position</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: silver 1pt solid; width: 22%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: silver 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Gold streaming</td> <td id="xdx_988_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zEOq0u1ziQ4h" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">81</td> <td id="xdx_986_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zwpsnbYa23jc" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,564</td> <td id="xdx_981_eifrs-full--ContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zTynzKeX9Hc1" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">1,645</td> <td id="xdx_98B_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zibbwMLv5ctg" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">136</td> <td id="xdx_988_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zaQDDUg7rE33" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,442</td> <td id="xdx_987_eifrs-full--ContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zxagRl0XQGa4" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">1,578</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cobalt streaming</td> <td id="xdx_985_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zmqIY0Mqe9n3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">46</td> <td id="xdx_98A_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zUZSuz6HdeI1" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">404</td> <td id="xdx_981_eifrs-full--ContractLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zVYYIRjcfRal" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">450</td> <td id="xdx_980_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_ziQE9ckAJJu5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">22</td> <td id="xdx_98C_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zabZHFLEdyhj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">439</td> <td id="xdx_98E_eifrs-full--ContractLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zChDMdyJmskj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">461</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total contract liabilities</td> <td id="xdx_981_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20251231_zmnnneyctBb3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">127</td> <td id="xdx_983_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20251231_zaMY8UaVWAQa" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,968</td> <td id="xdx_98E_eifrs-full--ContractLiabilities_iI_pn6n6_c20251231_zabIwnKPWtGe" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">2,095</td> <td id="xdx_98E_eifrs-full--CurrentContractLiabilities_iI_pn6n6_c20241231_zMUvXMOX1w86" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, current">158</td> <td id="xdx_986_eifrs-full--NoncurrentContractLiabilities_iI_pn6n6_c20241231_zA1dR6CbFDgi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contract liabilities, non-current">1,881</td> <td id="xdx_986_eifrs-full--ContractLiabilities_iI_pn6n6_c20241231_zPk8Sfznbfea" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total contract liabilities">2,039</td></tr> </table>

81000000

1564000000

1645000000

136000000

1442000000

1578000000

46000000

404000000

450000000

22000000

439000000

461000000

127000000

1968000000

2095000000

158000000

1881000000

2039000000

<table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfEffectsOnTheIncomeStatementTableTextBlock_pn6n6_z8vxIfBtveJf" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Streaming transactions (Details 1)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of effects on the income statement</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="border-top: white 1pt solid; border-bottom: teal 1pt solid; width: 52%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="border-top: teal 1pt solid; border-bottom: #007E7A 1pt solid; width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="border-top: teal 1pt solid; border-bottom: #007E7A 1pt solid; width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="border-top: teal 1pt solid; border-bottom: #007E7A 1pt solid; width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cobalt streaming</td> <td id="xdx_98D_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zu88zKUD36o3" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">30</td> <td id="xdx_988_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_z3uDtxKN6Ysi" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">19</td> <td id="xdx_980_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zfaPkdglrkzl" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">14</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Gold streaming</td> <td id="xdx_98A_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_z6GPpDJX52ri" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">185</td> <td id="xdx_985_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_ziiA8wWtUUgd" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">122</td> <td id="xdx_988_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zlSiv6179CGa" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">134</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fixed revenue - Contract liabilities realized</td> <td id="xdx_980_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20250101__20251231_zGkaRvjrQGhc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">215</td> <td id="xdx_986_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20240101__20241231_zIhVRXCIGRPj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">141</td> <td id="xdx_988_ecustom--FixedRevenueContractLiabilitiesRealized_pn6n6_c20230101__20231231_zRql11QfqPyl" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fixed revenue contract liabilities realized">148</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cobalt streaming</td> <td id="xdx_98A_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zcLSPGns5aRj" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">11</td> <td id="xdx_98F_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_zCWXetmzg0Gk" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">4</td> <td id="xdx_98F_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltStreamingMember_z9IrthRdRBUi" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">3</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Gold streaming</td> <td id="xdx_984_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zttoOIhYnkWc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">279</td> <td id="xdx_98A_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zs4ZbDSLnnng" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">102</td> <td id="xdx_986_ecustom--VariableRevenueAdditionalPaymentsReceived_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GoldStreamingMember_zl4Y10oIiBd" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">93</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Variable revenue - Additional payments received</td> <td id="xdx_984_ecustom--VariableRevenueAdditionalPaymentsReceived_c20250101__20251231_zvJPxkDW22kh" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">290</td> <td id="xdx_98D_ecustom--VariableRevenueAdditionalPaymentsReceived_c20240101__20241231_zYzCQRKve8Vk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">106</td> <td id="xdx_98A_ecustom--VariableRevenueAdditionalPaymentsReceived_c20230101__20231231_zeT9gd9aiwR" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Variable revenue - additional payments received">96</td></tr> </table> 30000000 19000000 14000000 185000000 122000000 134000000 215000000 141000000 148000000 11000000 4000000 3000000 279000000 102000000 93000000 290000000 106000000 96000000

1900000000

900000000

800000000

370000000 144000000

8500000

690000000

Streaming transactions The Company bifurcates both streaming transactions in two identifiable components: (i) the sale of the mineral rights and (ii) provisions of extraction services. Sale of mineral rights - The amount allocated to this component is recognized as revenue in the income statement when the Company transfers ownership of the mineral rights to the counterparty. The cost related to the component sold is recognized in the income statement at the same moment. Extraction services - The Company recognizes contract liabilities in the event it receives payments from customers before a sale meets criteria for revenue recognition. Proceeds received under the terms of the streaming transaction allocated to this component are accounted for as “streaming transactions” and included within liabilities. Contract liability is initially recognized at fair value, net of transaction costs incurred, and is subsequently carried at amortized cost and updated using the effective interest rate method. Contract liability is released to the income statement based on the units of production, that is, revenue is calculated based on volume produced compared to the total proved and probable reserves of gold or cobalt, which are reviewed and remeasured annually. <p id="xdx_80A_ecustom--DisclosureOfReconciliationOfChangesInAssetsForInsuranceAcquisitionCashFlowExplanatory_ziFq6B9zMVfc" style="font: 11pt/120% Vale Sans,sans-serif; margin: 20pt 0 10pt; color: #007E7A">11. Cash flows from operating activities a) Reconciliation of cash flows from operating activities <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfCashflowsFromOperatingActivitiesTableTextBlock_z8fECjS6ENIa" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Cash flows from operating activities (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of cash flow from operating activities</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_491_20250101__20251231_zFtjrP70tMRi" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49B_20240101__20241231_zTbC8rpvd0K3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20230101__20231231_zhpsaQRVoATk" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 57%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40C_eifrs-full--CashFlowsFromUsedInOperatingActivitiesAbstract_iB_zVoTScokBsu7"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash flow from operating activities:</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F4F4F4; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_zLpMzLciQNw7"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income before income taxes</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,653</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,696</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,151</td></tr> <tr id="xdx_40C_eifrs-full--AdjustmentsForReconcileProfitLossAbstract_iB_zzOueI5bm29d"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Adjusted for:</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_400_ecustom--ShareOfProfitLossAndOtherResultsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_iN_pn6n6_di_zndO84ISk9na"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Equity results and other results in associates and joint ventures </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">30</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">218</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">269</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,108</td></tr> <tr id="xdx_405_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_zkLlIz05Qgx6"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment and gains (losses) on disposal of non-current assets, net</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12, 13, 15 and 31</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,599</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(301)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">266</td></tr> <tr id="xdx_402_ecustom--ChangesInEstimatesRelatedToProvisionOfBrumadinho_zWElhXtIwtVc"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates related to the provision of Brumadinho</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">25</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">297</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">116</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">461</td></tr> <tr id="xdx_404_ecustom--ChangesInEstimatesRelatedToProvisionOfDecharacterizationOfDams_z02MWBga2eU3"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates related to the provision of de-characterization of dams</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(185)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(206)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">153</td></tr> <tr id="xdx_40D_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpense_zNza92u6xBrk"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,105</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,057</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,070</td></tr> <tr id="xdx_40D_eifrs-full--FinanceIncomeCost_iN_di_zXjOkHcDeA8d"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial results, net </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,026</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,823</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,946</td></tr> <tr id="xdx_402_ecustom--IncreaseDecreaseInOperatingAssetsAndLiabilitiesAbstract_iB_zsjzpXF8YUSh"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in assets and liabilities:</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_409_eifrs-full--AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_z8BEtUmbSMJe"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">120</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,668</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">197</td></tr> <tr id="xdx_400_eifrs-full--AdjustmentsForDecreaseIncreaseInInventories_zenoBkfxiybd"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Inventories </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,076)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(549)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(214)</td></tr> <tr id="xdx_406_eifrs-full--AdjustmentsForIncreaseDecreaseInTradeAccountPayable_zpr1pD9m3Gn7"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Suppliers and contractors</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">875</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(360)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">637</td></tr> <tr id="xdx_404_ecustom--AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilitiesNet_pn6n6_zYMyISPJyp6j"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other assets and liabilities, net</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(231)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(446)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,523)</td></tr> <tr id="xdx_40A_eifrs-full--CashFlowsFromUsedInOperations_zwsHGsMlMal8"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash generated from operations </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">13,401</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">13,767</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">17,252</td></tr> </table> b) Non-cash transactions <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--SchduleOfNonCashTransactionTableTextBlock_pn6n6_zlKIzdeOBb02" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Cash flows from operating activities (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of non-cash transactions</td> <td id="xdx_492_20250101__20251231_zYR5uZJ9z0xh" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_496_20240101__20241231_zXItCxBGEFWk" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_494_20230101__20231231_zsdVUWEjOSi9" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_405_ecustom--CashFlowsFromUsedInOperation_zOpEz7Wosaq"> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-cash transactions:</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_403_eifrs-full--BorrowingCostsCapitalised_zQqzOrGPm6O4"> <td style="border-bottom: #D9D9D9 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions to PP&E with capitalized loans </td> <td style="border-bottom: #D9D9D9 2.25pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td style="border-bottom: #D9D9D9 2.25pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">36</td> <td style="border-bottom: #D9D9D9 2.25pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19</td></tr> </table> <img alt="" src="valedfifrs4q256k_011.jpg"/> <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfCashflowsFromOperatingActivitiesTableTextBlock_z8fECjS6ENIa" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Cash flows from operating activities (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of cash flow from operating activities</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_491_20250101__20251231_zFtjrP70tMRi" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49B_20240101__20241231_zTbC8rpvd0K3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20230101__20231231_zhpsaQRVoATk" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 57%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40C_eifrs-full--CashFlowsFromUsedInOperatingActivitiesAbstract_iB_zVoTScokBsu7"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash flow from operating activities:</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F4F4F4; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_40B_eifrs-full--ProfitLossBeforeTax_zLpMzLciQNw7"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Income before income taxes</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,653</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,696</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11,151</td></tr> <tr id="xdx_40C_eifrs-full--AdjustmentsForReconcileProfitLossAbstract_iB_zzOueI5bm29d"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Adjusted for:</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_400_ecustom--ShareOfProfitLossAndOtherResultsOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_iN_pn6n6_di_zndO84ISk9na"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Equity results and other results in associates and joint ventures </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">30</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">218</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">269</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,108</td></tr> <tr id="xdx_405_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_zkLlIz05Qgx6"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment and gains (losses) on disposal of non-current assets, net</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12, 13, 15 and 31</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,599</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(301)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">266</td></tr> <tr id="xdx_402_ecustom--ChangesInEstimatesRelatedToProvisionOfBrumadinho_zWElhXtIwtVc"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates related to the provision of Brumadinho</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">25</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">297</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">116</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">461</td></tr> <tr id="xdx_404_ecustom--ChangesInEstimatesRelatedToProvisionOfDecharacterizationOfDams_z02MWBga2eU3"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates related to the provision of de-characterization of dams</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(185)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(206)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">153</td></tr> <tr id="xdx_40D_eifrs-full--AdjustmentsForDepreciationAndAmortisationExpense_zNza92u6xBrk"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,105</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,057</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,070</td></tr> <tr id="xdx_40D_eifrs-full--FinanceIncomeCost_iN_di_zXjOkHcDeA8d"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial results, net </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,026</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,823</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,946</td></tr> <tr id="xdx_402_ecustom--IncreaseDecreaseInOperatingAssetsAndLiabilitiesAbstract_iB_zsjzpXF8YUSh"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in assets and liabilities:</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_409_eifrs-full--AdjustmentsForDecreaseIncreaseInTradeAccountReceivable_z8BEtUmbSMJe"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">120</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,668</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">197</td></tr> <tr id="xdx_400_eifrs-full--AdjustmentsForDecreaseIncreaseInInventories_zenoBkfxiybd"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Inventories </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,076)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(549)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(214)</td></tr> <tr id="xdx_406_eifrs-full--AdjustmentsForIncreaseDecreaseInTradeAccountPayable_zpr1pD9m3Gn7"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Suppliers and contractors</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">875</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(360)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">637</td></tr> <tr id="xdx_404_ecustom--AdjustmentsForDecreaseIncreaseInOtherAssetsAndLiabilitiesNet_pn6n6_zYMyISPJyp6j"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other assets and liabilities, net</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(231)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(446)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,523)</td></tr> <tr id="xdx_40A_eifrs-full--CashFlowsFromUsedInOperations_zwsHGsMlMal8"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash generated from operations </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">13,401</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">13,767</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">17,252</td></tr> </table>

4653000000

6696000000

11151000000

-218000000 -269000000 -1108000000

4599000000

-301000000

266000000

297000000 116000000 461000000 -185000000 -206000000 153000000

3105000000

3057000000

3070000000

-1026000000

-3823000000

-1946000000

120000000

1668000000

197000000

-1076000000

-549000000

-214000000

875000000

-360000000

637000000

-231000000 -446000000 -1523000000

13401000000

13767000000

17252000000

<table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--SchduleOfNonCashTransactionTableTextBlock_pn6n6_zlKIzdeOBb02" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Cash flows from operating activities (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of non-cash transactions</td> <td id="xdx_492_20250101__20251231_zYR5uZJ9z0xh" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_496_20240101__20241231_zXItCxBGEFWk" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_494_20230101__20231231_zsdVUWEjOSi9" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_405_ecustom--CashFlowsFromUsedInOperation_zOpEz7Wosaq"> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-cash transactions:</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_403_eifrs-full--BorrowingCostsCapitalised_zQqzOrGPm6O4"> <td style="border-bottom: #D9D9D9 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions to PP&E with capitalized loans </td> <td style="border-bottom: #D9D9D9 2.25pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td style="border-bottom: #D9D9D9 2.25pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">36</td> <td style="border-bottom: #D9D9D9 2.25pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19</td></tr> </table> <img alt="" src="valedfifrs4q256k_011.jpg"/>

22000000

36000000

19000000

12. Impairment and result on disposal of non-current assets <table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--ScheduleOfImpairmentAndResultOnDisposalOfNoncurrentAssetsTableTextBlock_pn6n6_zu06obXNZGik" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Impairment and result on disposal of non-current assets (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of disposals of non-current assets</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 56%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Newfoundland and Labrador</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12(a)</td> <td id="xdx_983_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NewfoundlandAndLabradorMember_zXhsEzyJBKBd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(1,745)</td> <td id="xdx_98A_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--NewfoundlandAndLabradorMember_z08PpCp4yQqe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(540)</td> <td id="xdx_98A_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--NewfoundlandAndLabradorMember_zkcQl2Yh5hZi" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Goodwill allocated to nickel operations in Canada</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12(a)</td> <td id="xdx_98D_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--GoodwillAllocatedToNickelOperationsCanadaMember_zwMLJDiDQl5g" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(1,735)</td> <td id="xdx_980_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--GoodwillAllocatedToNickelOperationsCanadaMember_zjMamHcNk5Tj" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td> <td id="xdx_985_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--GoodwillAllocatedToNickelOperationsCanadaMember_z9aorYAWfYL9" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Thompson</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12(a)</td> <td id="xdx_981_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--ThompsonMember_zZWhPEqk4zw3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(98)</td> <td id="xdx_986_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--ThompsonMember_zAyHZLrTkaLe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(1,405)</td> <td id="xdx_98B_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--ThompsonMember_zd98zn2MUwOg" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Sol do Cerrado solar park</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98E_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--SoldoCerradoSolarParkMember_zvtpI96YbnSj" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td> <td id="xdx_981_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--SoldoCerradoSolarParkMember_zp3bTVIADlEf" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(265)</td> <td id="xdx_984_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--SoldoCerradoSolarParkMember_zp2Rvs7ypPW1" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Impairment </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231_zTTEd26qfX04" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(3,578)</td> <td id="xdx_984_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231_zMCqjAJORkxe" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(2,210)</td> <td id="xdx_98A_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231_zDxzQH1Hnfba" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Result of disposals of non-current assets, net and others</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13, 15 and 31</td> <td id="xdx_98B_eifrs-full--AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_pn6n6_c20250101__20251231_zmz7NybBCfc9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Result of disposals of non-current assets, net and others">(1,021)</td> <td id="xdx_987_eifrs-full--AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_pn6n6_c20240101__20241231_zHdDw1H8Iix9" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Result of disposals of non-current assets, net and others">2,511</td> <td id="xdx_981_eifrs-full--AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_pn6n6_c20230101__20231231_zsqi4G0FXBb4" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Result of disposals of non-current assets, net and others">(266)</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Impairment and result on disposals of non-current assets, net</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_pn6n6_di_c20250101__20251231_z34sjddMmdCb" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment and result on disposals of non-current assets, net">(4,599)</td> <td id="xdx_987_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_pn6n6_di_c20240101__20241231_zPRAOdn5H8Mc" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment and result on disposals of non-current assets, net">301</td> <td id="xdx_987_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_pn6n6_di_c20230101__20231231_zdYfUnqs8Ch6" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment and result on disposals of non-current assets, net">(266)</td></tr> </table> The Company tested the recoverability of the cash-generating units ("CGUs") for which impairment indicators were identified and, then, tested the recoverability of the CGUs and group of CGUs for which goodwill has been allocated. The recoverable amount of each CGU under the Company’s impairment test was assessed using the fair value less costs of disposal model (“FVLCD”), through discounted cash flow techniques, which is classified as “level 3” in the fair value hierarchy, taking into consideration offers and purchase agreements, when applicable. The cash flows were projected in real terms and discounted using a post-tax discount rate expressed in real terms, representing an estimate of the rate a market participant would apply, considering the time value of money and the specific risk of the asset. The Company used the weighted average cost of capital (“WACC”) of the mining segment as a starting point for determining the discount rates, with appropriate adjustments for the risk profile of the countries in which the individual CGU operate. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top"> <td style="border: #3CB5E4 2.25pt solid; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt"> Climate change The potential financial impacts of climate change and the transition to a low-carbon economy were considered in the assessment of the Company’s critical accounting estimates, including indicators of impairment, such as: (i) Decreases in the demand for the Company’s commodities, due to policy, regulatory (including carbon pricing mechanisms), legal, technological, market or societal responses to climate change; (ii) physical impacts related to risks resulting from increased frequency or severity of extreme weather events, and those related to chronic risks resulting from longer-term changes in climate patterns; and (iii) investments related to decarbonization. Additionally, Vale included, in note 17, a sensitivity analysis on the measurement of the recoverable amount of certain CGUs, considering certain climate-related risks and opportunities.</td></tr> </table> a) Impairment of Vale Base Metals' assets In the last quarter of 2025, the Company completed and approved its strategic plan process, which includes a review of the key assumptions used in the Company’s long-term projections. The conclusion of this process indicated a reduction ranging from 11% to 21% in the projected nickel prices, mainly due to the oversupply in the global nickel market, which was considered as an impairment trigger for the nickel CGUs. Thus, Vale carried out impairment tests for the nickel CGUs. After performing the impairment tests for nickel CGUs individually, the Company carried out an impairment test for the group of nickel CGUs in Canada, to which goodwill has been allocated. The Company did not identify any impairment indicators associated with the Copper CGUs. 2025 impairment test for the nickel assets (excluding goodwill) The key assumptions used in the tests, which led to the recognition of an impairment loss in the amount of US$1,745 in the CGU Vale Newfoundland and Labrador, located in Canada, are presented in the table below: <table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ScheduleOfImpairmentTestForAssetsTableTextBlock_pn6n6_zWCYi7unfwK7" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Impairment and result on disposal of non-current assets (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of impairment test for the nickel assets</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; width: 28%; background-color: #007E79; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VNL (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Canada Limited (ii)</td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Onça Puma (iii)</td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PTVI (iv)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, when applicable</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">786</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,830</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,631</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,769</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$1,745.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the CGU is higher than the carrying amount. Therefore, there is no impairment to be recognized.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the CGU is higher than the carrying amount. Therefore, there is no impairment to be recognized.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the investment is higher than the carrying amount. Therefore, there is no impairment to be recognized.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zPTrtXuF39i5" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.5%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.5%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7.3%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.8%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember_zV6Lp2d9KgXl" title="Period of cash flow projections">2049</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zU8GuddgcEPc" title="Period of cash flow projections">2049</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OncaPumaMember_z58lc2md9lGa" title="Period of cash flow projections">2069</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PTVIMember_z0xHqymZ7VZc" title="Period of cash flow projections">2064</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Range of nickel forecasted prices</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_907_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zoQ606PuI97e" title="Range of nickel forecasted prices">16,100 – <span id="xdx_901_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z0ZGueMXPT8c" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_90C_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z28tNugeRoHa" title="Range of nickel forecasted prices">16,100 – <span id="xdx_901_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zFOZigLQFgh7" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_90E_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OncaPumaMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zSOUlRU9kpil" title="Range of nickel forecasted prices">16,100 – <span id="xdx_90D_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OncaPumaMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zLykDvwnYTJb" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_904_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PTVIMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zub1u37xcee1" title="Range of nickel forecasted prices">16,100 – <span id="xdx_904_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PTVIMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4qn4O3Bn8G2" title="Range of nickel forecasted prices">18,000</td></tr> </table> (i) Includes the operations of Vale Newfoundland and Labrador, which comprise two nickel mines, a concentrator plant, and a refinery. (ii) Includes the operations of Vale Canada Limited, which comprise six nickel mines, a concentrator plant, one smelter, and four refineries. (iii) Includes the operations of Mineração Onça Puma, which comprise a nickel mine and two furnaces. (iv) Includes Vale’s 33.88% interest in PT Vale Indonesia (note 30). 2024 impairment test for the nickel assets (excluding goodwill) At the end of the 2024 fiscal year, the Company identified impairment indicators related to the nickel operations in Thompson and Newfoundland and Labrador, both located in Canada. For both tests, the key assumptions used were: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 29%; font-family: Times New Roman,serif"> </td> <td style="width: 36%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Canada Limited</td> <td style="width: 35%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VNL</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, if applicable</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,196</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,405</td></tr> <tr style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$1,405.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$540.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zoiDf2tzouFc" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.0%</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zpJA1Tjq4vUj" title="Discount rate">5.0%-<span id="xdx_901_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zO1FODVdC0Vh" title="Discount rate">6.0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zv5mdPCLPQy8" title="Period of cash flow projections">2035</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember_zpPNl3OIxFg9" title="Period of cash flow projections">2049</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Range of nickel forecasted prices</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_905_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zE89JZo3fZkg" title="Range of nickel forecasted prices">16,662 – <span id="xdx_90A_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z6XDUqQbsHua" title="Range of nickel forecasted prices">21,000 </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_905_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zGiTekQpULx9" title="Range of nickel forecasted prices">16,662 – <span id="xdx_901_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zRYBto1gdFY7" title="Range of nickel forecasted prices">21,000 </td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">Nickel Operation in Thompson, Canada</td></tr> </table> Nickel concentrate is shipped from Thompson to be processed into finished and sealable material at another Vale Canada asset, and then sold and delivered to customers. Therefore, the assets associated with the Thompson operation are part of one of the CGUs related to the nickel operations of the subsidiary Vale Canada Limited. In January 2025, within the subsequent-events period for the financial statements for 2024, the Company initiated a strategic review to evaluate alternatives, including the potential sale, of the assets associated with the Thompson operation. The Company reviewed the business plan for this operation according to the new strategy and measured the recoverable amount, which resulted in an impairment loss of US$<span id="xdx_90E_ecustom--ReversalImpairmentLoss_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NickelOperationsMember__ifrs-full--GeographicalAreasAxis__custom--ThompsonCanadaMember_zVwQXcjHfSIa" title="Reversal impairment loss">1,405 presented in the income statement for the year ended December “reversal (impairment) and result on disposal of non-current assets, net”. The carrying amount of this CGU after the impairment loss was US$<span id="xdx_90B_eifrs-full--ImpairmentLoss_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NickelOperationsMember__ifrs-full--GeographicalAreasAxis__custom--ThompsonCanadaMember_zm8n3VKE3Taj" title="Impairment loss">4,196 as of December 31, 2024. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="border-bottom: #DBDBDB 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">Nickel Operation in Newfoundland and Labrador, Canada</td></tr> </table> Since 2015, the Company has been developing the Voisey’s Bay mine expansion project in the Vale Newfoundland and Labrador operation, a subsidiary of the Company that is considered a CGU. This project represented a significant shift from open-pit-only to two underground mining operations at Voisey's Bay site. In December 2024, the expansion project was concluded, which was the beginning of its ramp-up phase. The Company identified operational challenges related to the production and processing ore extracted from the underground mines, resulting in the revision of production costs and sustaining investments for this CGU. Due to the increase in operating and investment costs associated solely with this CGU, Vale considered it as a triggering event for impairment testing. The test resulted in an impairment loss of US$<span id="xdx_901_ecustom--ReversalImpairmentLoss_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NickelOperationsMember__ifrs-full--GeographicalAreasAxis__custom--NewfoundlandAndLabradorCanadaMember_zoCJVAlZd048" title="Reversal impairment loss">540 presented in the income statement as “reversal (impairment) and result on disposal of non-current assets, net”. The carrying amount of this CGU after the impairment loss was US$<span id="xdx_902_eifrs-full--ImpairmentLoss_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NickelOperationsMember__ifrs-full--GeographicalAreasAxis__custom--NewfoundlandAndLabradorCanadaMember_zat8EmnPTKeh" title="Impairment loss">2,405 as of December 31, 2024. Goodwill allocated to nickel CGUs in Canada In 2006, the Company recorded goodwill arising from the acquisition of Inco Limited, current Vale Canada Limited, which is allocated to the Canadian nickel CGUs and whose recoverability is assessed annually. In 2025, the impairment test resulted in an impairment loss of US$<span id="xdx_900_eifrs-full--ImpairmentLoss_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NickelOperationsMember__ifrs-full--GeographicalAreasAxis__custom--CGUCanadaMember_zOgRDfPLcDj1" title="Impairment loss">1,735, mainly due to the reduction in projected nickel prices. This loss represented the full write-off of the goodwill allocated to the Canadian nickel operations and is presented as “Impairment and result on disposal of non-current assets, net” in the income statement. <table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ScheduleOfImpairmentTestForGoodwillTableTextBlock_pn6n6_zqDuM6FIy6F4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Impairment and result on disposal of non-current assets (Details 3)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of impairment test for the goodwill</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, when applicable</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,655</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$1,735, corresponding to the full value of the goodwill</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the CGUs is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_z29nmAUoONr3" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_zQRJ0bXEPTTh" title="Measurement of recoverable value">FVLCD</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.5%</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zihP6PSU21Lk" title="Discount rate">5.0%-<span id="xdx_907_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zwx3ii7iVui4" title="Discount rate">6.0%</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_zVZ5Ds2BYIv7" title="Period of cash flow projections">2049</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zK86i5mKo0Vh" title="Period of cash flow projections">2035-<span id="xdx_90E_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zvOtidTeL8gk" title="Period of cash flow projections">2049</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Range of nickel forecasted prices</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_909_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z6ZLLDHVYnr4" title="Range of nickel forecasted prices">16,100 – <span id="xdx_90F_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_ziQWKAjvr0T2" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_906_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zm93vFBElJib" title="Range of nickel forecasted prices">16,662 – <span id="xdx_906_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zp6syzCqsZDj" title="Range of nickel forecasted prices">21,000</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Sensitivity of key assumptions</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_zsCUIfaU3YCa" title="Sensitivity of key assumptions">A 19.2% reduction in the long-term prices of all commodities or a 5.7% reduction in volumes would, alone, result in an estimated recoverable amount equal to the carrying value.</td></tr> </table> b) Impairment of iron ore and pellet assets The Company did not identify any changes in circumstances or indicators that could result in a reduction in the recoverable amount of the Iron Ore and Pellets CGU. Nevertheless, the Company performed the impairment test for the goodwill, as summarized below. Goodwill allocated to iron ore and pellet operations Includes the goodwill arising from the acquisition of iron ore businesses and the goodwill resulting from the merger of Valepar into Vale S.A. in 2017. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, if applicable</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,297</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,152</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the operating segment is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the operating segment is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zz8uyVQeX6te" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z9jzty2ROxfb" title="Measurement of recoverable value">FVLCD</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7.3%</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7.2%</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zBPGj5BRqVi1" title="Period of cash flow projections">2055</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zXeWLQmfYSD" title="Period of cash flow projections">2054</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Range of iron ore forecasted prices</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_904_ecustom--RangeIronOreForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zCSR8sk9WBd7" title="Range iron ore forecasted prices">78 – <span id="xdx_90D_ecustom--RangeIronOreForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmPHah9oTmx1" title="Range iron ore forecasted prices">91</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_90D_ecustom--RangeIronOreForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zB3WaVgAPgu2" title="Range iron ore forecasted prices">78 – <span id="xdx_908_ecustom--RangeIronOreForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4Qb2qvdQyri" title="Range iron ore forecasted prices">95</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Sensitivity of key assumptions</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z8vjX5HLzZ1" title="Sensitivity of key assumptions">A 23% reduction in the long-term prices of all commodities or a 48% reduction in reserves would, alone, result in an estimated recoverable amount equal to the carrying value.</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zqEALOD4meb5" title="Sensitivity of key assumptions">A 25% reduction in the long-term prices of all commodities or a 57% reduction in reserves would, alone, result in an estimated recoverable amount equal to the carrying value.</td></tr> </table> c) Gains (losses) arising of the purchase and sale of non-current assets (note 31) In the past few years, the Company has invested and divested on assets, as detailed in note 31 to these financial statements. The result of part of these transactions is presented as “Impairment and result on disposal of non-current assets, net”, as summarized below: <table cellpadding="0" cellspacing="0" style="font: 12pt/12pt Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Divestment on Aliança Geração de Energia S.A. (note 31a) – In March 2025, the Company signed a binding agreement with Global Infrastructure Partners for the sale of 70% of its stake in Aliança and the energy assets of Sol do Cerrado solar plant and Risoleta Neves hydroelectric plant. As a result, the related assets and liabilities were classified as held for sale and Vale recognized an impairment loss in the amount of US$117 in the income statement for the year ended 2025 as "Impairment and result on disposal of non-current assets, net". In September 2025, the Company concluded the transaction for the amount of US$871 and a additional loss of US$89 in the income statement for the year ended 2025 as "Impairment and result on disposal of non-current assets, net", and lost control over Aliança.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/12pt Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Purchase of equity interest in Anglo American Minério de Ferro Brasil S.A. (note 31b) – In December 2024, the Company concluded the purchase of 15% interest in Anglo American Minério de Ferro Brasil S.A., the company that currently owns the Minas-Rio complex, in Brazil. As part of the consideration transferred for the equity interest acquired, Vale contributed with Serra da Serpentina iron ore resources in the amount of US$750 and recognized a gain of US$<span id="xdx_90F_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20251231__ifrs-full--BusinessCombinationsAxis__custom--AngloAmericanMember_zxfEY5gkuxjg" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">626 in the income statement for the year ended 2024 as “Impairment and result on disposal of non-current assets, net” due to the difference between the fair value and the carrying amount of the iron ore resources of Serra da Serpentina. This gain was recognized to the extent of the other investor’s interest in the investee.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Divestment on Vale Oman Distribution Center (note 31c) – In September 2024, the Company concluded the sale of 50% equity interest in Vale Oman Distribution Center for US$600 million, reducing Vale’s stake from 100% to 50% and changing its status from a subsidiary to a joint venture. As a result of the transaction, the Company recognized a gain of US$1,222 in the income statement for the year ended 2024 as "Impairment and result on disposal of non-current assets, net". This gain is due to (i) the result of the sale of the equity interest in the amount of US$555, (ii) the result of the remeasurement to fair value of the remaining interest in the amount of US$<span id="xdx_909_ecustom--RemeasurementFairValueOfRemainingInterestAmount_iI_pn6n6_c20251231__ifrs-full--BusinessCombinationsAxis__custom--VODCMember_zzSDEzYeZwFa" title="Remeasurement fair value of remaining interest amount">555, and (iii) the reclassification to income statement of the cumulative translation adjustments in the amount of US$112.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Divestment on PT Vale Indonesia Tbk (note 31d) – In June 2024, the Company reduced its interests in PTVI in approximately 10.5%, changing its status from a subsidiary to an associate. As result, the Company recognized a gain of US$<span id="xdx_90B_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20241231__ifrs-full--BusinessCombinationsAxis__custom--PTVIMember_zO2TlnruYj35" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">1,059 in the income statement for the year ended 2024, as "Impairment and result on disposal of non-current assets, net". This gain is due to the reclassification of cumulative translation adjustments of US$1,063 and the gain on remeasurement of the interest retained at fair value of the US$<span id="xdx_901_ecustom--RemeasurementFairValueOfRemainingInterestAmount_iI_pn6n6_c20251231__ifrs-full--BusinessCombinationsAxis__custom--PTVIMember_z86sM6TIxGL3" title="Remeasurement fair value of remaining interest amount">657, net of the loss on the reduction in PTVI stake in the amount of US$661.</td></tr></table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Impairment of non-financial assets - Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount might not be recoverable. An impairment loss is recognized for the amount by which the asset´s carrying value exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs of disposal (“FVLCD”) and value in use (“VIU”). FVLCD is generally determined as the present value of the estimated future cash flows expected to arise from the continued use of the asset from a market participant’s perspective, including any expansion prospects. The VIU model is determined as the present value of the estimated future cash flows expected to arise from the asset's continued use in its present form. Value in use is determined by applying assumptions specific to the Company’s continued use and cannot take into account future development. These assumptions are different from those used in calculating fair value, and consequently, the VIU calculation is likely to give a different result to an FVLCD calculation. Assets with an indefinite useful life and are not subject to amortization are tested annually for impairment. To assess impairment, assets are grouped at the lowest levels for which there are separately identifiable CGU. Goodwill is allocated to CGU or CGU groups that are expected to benefit from the business combinations in which the goodwill arose and are identified in accordance with the operating segment. Non-current assets (excluding goodwill) in which the Company recognized impairment in the past are reviewed whenever events or changes in circumstances indicate that the impairment may no longer be applicable. In such cases, an impairment reversal will be recognized.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Significant judgements, estimates and assumptions are required to determine whether an impairment trigger occurred and prepare the Company’s cash flows. Management uses the budgets approved as a starting point, and key assumptions are, but are not limited to: (i) mineral reserves and mineral resources measured by internal experts; (ii) costs and investments based on the best estimate of projects as supported by past performance; (iii) sale prices consistent with projections available in reports published by industry considering the market price when appropriate; (iv) the useful life of each cash-generating unit (ratio between production and mineral reserves); and (v) discount rates that reflect specific risks relating to the relevant assets in each cash-generating unit. These assumptions are susceptible to risks and uncertainties and may change the Company’s projection and therefore, may affect the recoverable value of assets.</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--ScheduleOfImpairmentAndResultOnDisposalOfNoncurrentAssetsTableTextBlock_pn6n6_zu06obXNZGik" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Impairment and result on disposal of non-current assets (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of disposals of non-current assets</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 56%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Newfoundland and Labrador</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12(a)</td> <td id="xdx_983_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--NewfoundlandAndLabradorMember_zXhsEzyJBKBd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(1,745)</td> <td id="xdx_98A_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--NewfoundlandAndLabradorMember_z08PpCp4yQqe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(540)</td> <td id="xdx_98A_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--NewfoundlandAndLabradorMember_zkcQl2Yh5hZi" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Goodwill allocated to nickel operations in Canada</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12(a)</td> <td id="xdx_98D_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--GoodwillAllocatedToNickelOperationsCanadaMember_zwMLJDiDQl5g" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(1,735)</td> <td id="xdx_980_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--GoodwillAllocatedToNickelOperationsCanadaMember_zjMamHcNk5Tj" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td> <td id="xdx_985_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--GoodwillAllocatedToNickelOperationsCanadaMember_z9aorYAWfYL9" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Thompson</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12(a)</td> <td id="xdx_981_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--ThompsonMember_zZWhPEqk4zw3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(98)</td> <td id="xdx_986_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--ThompsonMember_zAyHZLrTkaLe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(1,405)</td> <td id="xdx_98B_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--ThompsonMember_zd98zn2MUwOg" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Sol do Cerrado solar park</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98E_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231__ifrs-full--JointOperationsAxis__custom--SoldoCerradoSolarParkMember_zvtpI96YbnSj" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td> <td id="xdx_981_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231__ifrs-full--JointOperationsAxis__custom--SoldoCerradoSolarParkMember_zp3bTVIADlEf" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(265)</td> <td id="xdx_984_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231__ifrs-full--JointOperationsAxis__custom--SoldoCerradoSolarParkMember_zp2Rvs7ypPW1" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Impairment </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20250101__20251231_zTTEd26qfX04" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(3,578)</td> <td id="xdx_984_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20240101__20241231_zMCqjAJORkxe" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">(2,210)</td> <td id="xdx_98A_eifrs-full--ImpairmentLossOnFinancialAssets_pn6n6_c20230101__20231231_zDxzQH1Hnfba" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment assets">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Result of disposals of non-current assets, net and others</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13, 15 and 31</td> <td id="xdx_98B_eifrs-full--AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_pn6n6_c20250101__20251231_zmz7NybBCfc9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Result of disposals of non-current assets, net and others">(1,021)</td> <td id="xdx_987_eifrs-full--AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_pn6n6_c20240101__20241231_zHdDw1H8Iix9" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Result of disposals of non-current assets, net and others">2,511</td> <td id="xdx_981_eifrs-full--AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssets_pn6n6_c20230101__20231231_zsqi4G0FXBb4" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Result of disposals of non-current assets, net and others">(266)</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Impairment and result on disposals of non-current assets, net</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_pn6n6_di_c20250101__20251231_z34sjddMmdCb" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment and result on disposals of non-current assets, net">(4,599)</td> <td id="xdx_987_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_pn6n6_di_c20240101__20241231_zPRAOdn5H8Mc" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment and result on disposals of non-current assets, net">301</td> <td id="xdx_987_eifrs-full--ImpairmentLossReversalOfImpairmentLossRecognisedInProfitOrLoss_iN_pn6n6_di_c20230101__20231231_zdYfUnqs8Ch6" style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment and result on disposals of non-current assets, net">(266)</td></tr> </table>

-1745000000

-540000000

-1735000000

-98000000

-1405000000

-265000000

-3578000000

-2210000000

-1021000000

2511000000

-266000000

4599000000

-301000000

266000000

0.11 0.21

1745000000

<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ScheduleOfImpairmentTestForAssetsTableTextBlock_pn6n6_zWCYi7unfwK7" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Impairment and result on disposal of non-current assets (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of impairment test for the nickel assets</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; width: 28%; background-color: #007E79; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VNL (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Canada Limited (ii)</td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Onça Puma (iii)</td> <td style="border-bottom: #B6B6B6 1pt solid; width: 18%; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PTVI (iv)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, when applicable</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">786</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,830</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,631</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,769</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$1,745.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the CGU is higher than the carrying amount. Therefore, there is no impairment to be recognized.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the CGU is higher than the carrying amount. Therefore, there is no impairment to be recognized.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the investment is higher than the carrying amount. Therefore, there is no impairment to be recognized.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zPTrtXuF39i5" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.5%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.5%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7.3%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.8%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember_zV6Lp2d9KgXl" title="Period of cash flow projections">2049</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zU8GuddgcEPc" title="Period of cash flow projections">2049</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OncaPumaMember_z58lc2md9lGa" title="Period of cash flow projections">2069</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PTVIMember_z0xHqymZ7VZc" title="Period of cash flow projections">2064</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Range of nickel forecasted prices</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_907_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zoQ606PuI97e" title="Range of nickel forecasted prices">16,100 – <span id="xdx_901_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z0ZGueMXPT8c" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_90C_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z28tNugeRoHa" title="Range of nickel forecasted prices">16,100 – <span id="xdx_901_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zFOZigLQFgh7" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_90E_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OncaPumaMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zSOUlRU9kpil" title="Range of nickel forecasted prices">16,100 – <span id="xdx_90D_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--OncaPumaMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zLykDvwnYTJb" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_904_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PTVIMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zub1u37xcee1" title="Range of nickel forecasted prices">16,100 – <span id="xdx_904_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--PTVIMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4qn4O3Bn8G2" title="Range of nickel forecasted prices">18,000</td></tr> </table> (i) Includes the operations of Vale Newfoundland and Labrador, which comprise two nickel mines, a concentrator plant, and a refinery. (ii) Includes the operations of Vale Canada Limited, which comprise six nickel mines, a concentrator plant, one smelter, and four refineries. (iii) Includes the operations of Mineração Onça Puma, which comprise a nickel mine and two furnaces. (iv) Includes Vale’s 33.88% interest in PT Vale Indonesia (note 30). 2024 impairment test for the nickel assets (excluding goodwill) At the end of the 2024 fiscal year, the Company identified impairment indicators related to the nickel operations in Thompson and Newfoundland and Labrador, both located in Canada. For both tests, the key assumptions used were: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 29%; font-family: Times New Roman,serif"> </td> <td style="width: 36%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Canada Limited</td> <td style="width: 35%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VNL</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, if applicable</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,196</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,405</td></tr> <tr style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$1,405.</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$540.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zoiDf2tzouFc" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">FVLCD</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.0%</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zpJA1Tjq4vUj" title="Discount rate">5.0%-<span id="xdx_901_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zO1FODVdC0Vh" title="Discount rate">6.0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember_zv5mdPCLPQy8" title="Period of cash flow projections">2035</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember_zpPNl3OIxFg9" title="Period of cash flow projections">2049</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Range of nickel forecasted prices</td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_905_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zE89JZo3fZkg" title="Range of nickel forecasted prices">16,662 – <span id="xdx_90A_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--ValeCanadaLimitedMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z6XDUqQbsHua" title="Range of nickel forecasted prices">21,000 </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_905_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zGiTekQpULx9" title="Range of nickel forecasted prices">16,662 – <span id="xdx_901_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--VNLMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zRYBto1gdFY7" title="Range of nickel forecasted prices">21,000 </td></tr> </table> 786000000 4830000000 1631000000 1769000000 Impairment loss in the amount of US$1,745. The recoverable amount of the CGU is higher than the carrying amount. Therefore, there is no impairment to be recognized. The recoverable amount of the CGU is higher than the carrying amount. Therefore, there is no impairment to be recognized. The recoverable amount of the investment is higher than the carrying amount. Therefore, there is no impairment to be recognized.

FVLCD

0.065 0.065 0.073 0.068

2049

2069

2064

16100000000 18000000000 16100000000 18000000000 16100000000 18000000000 16100000000 18000000000 4196000000 2405000000 Impairment loss in the amount of US$1,405. Impairment loss in the amount of US$540.

FVLCD

0.060 0.050 0.060

2035

2049

16662000000 21000000000 16662000000 21000000000 1405000000

4196000000

540000000

2405000000

1735000000

<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ScheduleOfImpairmentTestForGoodwillTableTextBlock_pn6n6_zqDuM6FIy6F4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Impairment and result on disposal of non-current assets (Details 3)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of impairment test for the goodwill</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, when applicable</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,655</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Impairment loss in the amount of US$1,735, corresponding to the full value of the goodwill</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the CGUs is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_z29nmAUoONr3" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_zQRJ0bXEPTTh" title="Measurement of recoverable value">FVLCD</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.5%</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zihP6PSU21Lk" title="Discount rate">5.0%-<span id="xdx_907_ecustom--DiscountRateOfGoodwil_pip0_dp_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zwx3ii7iVui4" title="Discount rate">6.0%</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_zVZ5Ds2BYIv7" title="Period of cash flow projections">2049</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zK86i5mKo0Vh" title="Period of cash flow projections">2035-<span id="xdx_90E_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zvOtidTeL8gk" title="Period of cash flow projections">2049</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Range of nickel forecasted prices</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_909_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z6ZLLDHVYnr4" title="Range of nickel forecasted prices">16,100 – <span id="xdx_90F_ecustom--RangeOfNickelForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_ziQWKAjvr0T2" title="Range of nickel forecasted prices">18,000</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_906_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zm93vFBElJib" title="Range of nickel forecasted prices">16,662 – <span id="xdx_906_ecustom--RangeOfNickelForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zp6syzCqsZDj" title="Range of nickel forecasted prices">21,000</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Sensitivity of key assumptions</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--NickelOperationsMember_zsCUIfaU3YCa" title="Sensitivity of key assumptions">A 19.2% reduction in the long-term prices of all commodities or a 5.7% reduction in volumes would, alone, result in an estimated recoverable amount equal to the carrying value.</td></tr> </table> b) Impairment of iron ore and pellet assets The Company did not identify any changes in circumstances or indicators that could result in a reduction in the recoverable amount of the Iron Ore and Pellets CGU. Nevertheless, the Company performed the impairment test for the goodwill, as summarized below. Goodwill allocated to iron ore and pellet operations Includes the goodwill arising from the acquisition of iron ore businesses and the goodwill resulting from the merger of Valepar into Vale S.A. in 2017. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 33%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Carrying amount after the impairment loss, if applicable</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,297</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,152</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment testing results</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the operating segment is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">The recoverable amount of the operating segment is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Measurement of recoverable value</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zz8uyVQeX6te" title="Measurement of recoverable value">FVLCD</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--ExplanationOfValueAssignedToKeyAssumption_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z9jzty2ROxfb" title="Measurement of recoverable value">FVLCD</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Discount rate</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7.3%</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7.2%</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Period of cash flow projections</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zBPGj5BRqVi1" title="Period of cash flow projections">2055</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--DescriptionOfKeyAssumptionsOnWhichManagementHasBasedCashFlowProjections_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zXeWLQmfYSD" title="Period of cash flow projections">2054</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Range of iron ore forecasted prices</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_904_ecustom--RangeIronOreForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zCSR8sk9WBd7" title="Range iron ore forecasted prices">78 – <span id="xdx_90D_ecustom--RangeIronOreForecastedPrices_uT_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmPHah9oTmx1" title="Range iron ore forecasted prices">91</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">US$/t <span id="xdx_90D_ecustom--RangeIronOreForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zB3WaVgAPgu2" title="Range iron ore forecasted prices">78 – <span id="xdx_908_ecustom--RangeIronOreForecastedPrices_uT_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z4Qb2qvdQyri" title="Range iron ore forecasted prices">95</td></tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Sensitivity of key assumptions</td> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_c20250101__20251231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_z8vjX5HLzZ1" title="Sensitivity of key assumptions">A 23% reduction in the long-term prices of all commodities or a 48% reduction in reserves would, alone, result in an estimated recoverable amount equal to the carrying value.</td> <td style="border-bottom: #BFBFBF 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--MethodsAndAssumptionsUsedInPreparingSensitivityAnalysis_c20240101__20241231__ifrs-full--ProductsAndServicesAxis__custom--IronOrePelletsMember_zqEALOD4meb5" title="Sensitivity of key assumptions">A 25% reduction in the long-term prices of all commodities or a 57% reduction in reserves would, alone, result in an estimated recoverable amount equal to the carrying value.</td></tr> </table> 1655000000 Impairment loss in the amount of US$1,735, corresponding to the full value of the goodwill The recoverable amount of the CGUs is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.

FVLCD

0.065 0.050 0.060

2049

2035

2049

16100000000 18000000000 16662000000 21000000000

A 19.2% reduction in the long-term prices of all commodities or a 5.7% reduction in volumes would, alone, result in an estimated recoverable amount equal to the carrying value.

1297000000 1152000000 The recoverable amount of the operating segment is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized. The recoverable amount of the operating segment is higher than the carrying amount, including goodwill. Therefore, there is no impairment to be recognized.

FVLCD

0.073 0.072

2055

2054

78000000 91000000 78000000 95000000

A 23% reduction in the long-term prices of all commodities or a 48% reduction in reserves would, alone, result in an estimated recoverable amount equal to the carrying value.

A 25% reduction in the long-term prices of all commodities or a 57% reduction in reserves would, alone, result in an estimated recoverable amount equal to the carrying value.

0.70 117000000 871000000 89000000 0.15 750000000 626000000 0.50 600000000 1222000000 555000000 555000000 112000000 0.105 1059000000 1063000000 657000000 661000000

Impairment of non-financial assets - Non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount might not be recoverable. An impairment loss is recognized for the amount by which the asset´s carrying value exceeds its recoverable amount. The recoverable amount is the higher of an asset’s fair value less costs of disposal (“FVLCD”) and value in use (“VIU”). FVLCD is generally determined as the present value of the estimated future cash flows expected to arise from the continued use of the asset from a market participant’s perspective, including any expansion prospects. The VIU model is determined as the present value of the estimated future cash flows expected to arise from the asset's continued use in its present form. Value in use is determined by applying assumptions specific to the Company’s continued use and cannot take into account future development. These assumptions are different from those used in calculating fair value, and consequently, the VIU calculation is likely to give a different result to an FVLCD calculation. Assets with an indefinite useful life and are not subject to amortization are tested annually for impairment. To assess impairment, assets are grouped at the lowest levels for which there are separately identifiable CGU. Goodwill is allocated to CGU or CGU groups that are expected to benefit from the business combinations in which the goodwill arose and are identified in accordance with the operating segment. Non-current assets (excluding goodwill) in which the Company recognized impairment in the past are reviewed whenever events or changes in circumstances indicate that the impairment may no longer be applicable. In such cases, an impairment reversal will be recognized. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Significant judgements, estimates and assumptions are required to determine whether an impairment trigger occurred and prepare the Company’s cash flows. Management uses the budgets approved as a starting point, and key assumptions are, but are not limited to: (i) mineral reserves and mineral resources measured by internal experts; (ii) costs and investments based on the best estimate of projects as supported by past performance; (iii) sale prices consistent with projections available in reports published by industry considering the market price when appropriate; (iv) the useful life of each cash-generating unit (ratio between production and mineral reserves); and (v) discount rates that reflect specific risks relating to the relevant assets in each cash-generating unit. These assumptions are susceptible to risks and uncertainties and may change the Company’s projection and therefore, may affect the recoverable value of assets.</td></tr> </table>

13. Property, plant, and equipment <table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_z5K8sg4y3E9h" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Property, plant, and equipment (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of movements in property, plant and equipment</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 18%; font-family: Times New Roman,serif"> </td> <td style="width: 5%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Building and land</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Facilities</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Equipment</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Mineral properties</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Railway equipment</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Right of use assets</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Other</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Constructions in progress</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z7igqR7t1KSl" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">10,119</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zh5d73QjdcAi" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">9,239</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zBPXERFwvdpc" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">4,450</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zywcFW0j7TG2" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">6,925</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zrRzcLyQyEHj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,612</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zu73zvp6uRh1" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">1,359</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zsY0fn0IA1B2" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,484</td> <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zjmUBM21xW8h" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">11,208</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231_zBwD8OUYioBe" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">48,396</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_fKGkp_zpMNq0r5yeLb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">83</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_fKGkp_z2eDSYyWcORj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,803</td> <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20240101__20241231_fKGkp_zr8Rg7KLeenh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,886</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest capitalization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--InterestCapitalization_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z1QPVAV87nqc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">36</td> <td id="xdx_983_ecustom--InterestCapitalization_pn6n6_c20240101__20241231_fKGkp_zxcvsNvMoWO2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">36</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_982_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zjpF2Usulz6l" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(28)</td> <td id="xdx_98A_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zassKYni3vfj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(47)</td> <td id="xdx_987_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z0KadrSQrLj2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(31)</td> <td id="xdx_989_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zAhrR3l1qEbe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(9)</td> <td id="xdx_981_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_znizvN5ZbFd3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(5)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zUO9OKpTzgMg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(3)</td> <td id="xdx_985_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zuwR7B2vZjgl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(278)</td> <td id="xdx_983_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231_zd8EK2pF66zk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(401)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairments</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zyTVrbuj5jL4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(335)</td> <td id="xdx_98C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zI7zSjsNr5Ek" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(57)</td> <td id="xdx_985_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zQOvkwdls9hi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(1,627)</td> <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zgtBcmlikbm3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(3)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zk7GhdO7XXWl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(188)</td> <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231_zmzbVCmjOyr1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(2,210)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Assets retirement obligation</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zy8enQrkTS16" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">(12)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20240101__20241231_zK808M30DjT5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">(12)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_989_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zijQy55LUgpg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(438)</td> <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zCdSuGXLqJIl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(547)</td> <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zD9u9gXm5f9l" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(691)</td> <td id="xdx_989_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zDupD9glWLF" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(474)</td> <td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zFZQ8iPPRsWh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(153)</td> <td id="xdx_98C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zZkIIHOfSQTl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(187)</td> <td id="xdx_982_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zwfmSuA7QGvg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(323)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231_zkxwVBMB45u5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(2,813)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Acquisition of Aliança Energia</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z8Wy4aSrJfd4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">27</td> <td id="xdx_981_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_ziu8Ago8mVH7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">87</td> <td id="xdx_98A_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zeMb2dacM7Mk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">329</td> <td id="xdx_981_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zBaB8uplgvB6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">2</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zBdKCS4bB6Qa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">4</td> <td id="xdx_986_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zpLy0xKysn5i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">51</td> <td id="xdx_98C_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zftocu43PzD6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">73</td> <td id="xdx_98F_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231_z7HpLuu28iqa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">573</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deconsolidation of VODC</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zJ6bes7GK8ub" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(9)</td> <td id="xdx_982_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z6C3XEn3sUPa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(98)</td> <td id="xdx_98B_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zWR2PGp22irk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(9)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zbRenOSoDcrb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(525)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zQygI3T7MFJ3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(16)</td> <td id="xdx_986_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231_zGLS7axGdbfc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(657)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zH3sMZ8y3Kqa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,991)</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zX40L1fCNlml" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,945)</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zycn6arE4P4i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(736)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zh5aB5PagIth" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(964)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zr3U4ytU3cxb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(565)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zQlkhgW52244" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(74)</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zMKQ13mMSTy8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(409)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z7P6tHRfFbxc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(2,130)</td> <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231_zGfkb4hK1xbg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(8,814)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfers</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z1pz9FuPMP6l" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">966</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zPiCFJ0O6CCh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,642</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zD7QfbGrXyXc" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">872</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_z2fxEju2XSef" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">715</td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zS5YmTk4P9Og" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">202</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zt5juMU68tN7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">392</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z5LveGVIgo74" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(4,789)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zXQxf35xHxLd" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,655</td> <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_z0cBporON7N8" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,085</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zjF2jmymxNtd" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,038</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zEErs42K1ljj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,547</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zC2hIRWOXbOk" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,088</td> <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zV2hP7xVG2g9" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">660</td> <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zZCCzCMj27ge" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,192</td> <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z5NFmyHQtqN7" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">9,719</td> <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231_ziUC7XcQ2nBk" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">39,984</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zrduVQwCATAf" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">15,266</td> <td id="xdx_980_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zzrnqAr2aqv9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">13,539</td> <td id="xdx_98A_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zEXceLXxaorj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">9,681</td> <td id="xdx_989_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zA3zstA5jDEi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">12,715</td> <td id="xdx_980_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zZPJDRQbtIUk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">3,643</td> <td id="xdx_988_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z7rdzWAy73tj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">1,412</td> <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_ztN5Cl8Wm5b8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">4,801</td> <td id="xdx_989_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zVCFHuclNpQ8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">9,719</td> <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zPVJ9cqJLy2h" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">70,776</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated depreciation</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z9SnH01WOtn7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(6,611)</td> <td id="xdx_985_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_znNsLbRzyJ27" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(5,454)</td> <td id="xdx_98C_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zpZyjgBNnqo4" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(5,643)</td> <td id="xdx_986_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zwDnBkeNGrph" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(8,168)</td> <td id="xdx_989_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zj6kJbPKiEi8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(1,555)</td> <td id="xdx_985_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z3uGG8AJ17r4" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(752)</td> <td id="xdx_98D_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zoHfg10aXFk6" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(2,609)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zjkY0m4MtIt6" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(30,792)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zuhSimLX6ZDj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">8,655</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zBKkkspBMzDa" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">8,085</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zZlpPyLceXmj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">4,038</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zvdeIfVVqyX7" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">4,547</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zl6WOgJPXava" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,088</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z2t40BVDuxRh" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">660</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zOrs4Xsp1teg" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,192</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z3W8aTcNAx7j" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">9,719</td> <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231_zSvZ0zs532m" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">39,984</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">96</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_fKGkp_zKcNC9lpmTcd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,373</td> <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20250101__20251231_fKGkp_zpCCM5UbT4R9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,469</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest capitalization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--InterestCapitalization_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zuMcAuLjWuBd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">22</td> <td id="xdx_987_ecustom--InterestCapitalization_pn6n6_c20250101__20251231_fKGkp_zuOc8DUOaRdd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">22</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98C_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z4rCSLRVPBXb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(21)</td> <td id="xdx_988_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zsMRGC7ljEHe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(37)</td> <td id="xdx_987_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zqGiq4mlpDVf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(4)</td> <td id="xdx_981_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_z4YThb8z3l52" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(7)</td> <td id="xdx_984_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z1FvXlkB1C64" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(13)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zpvbw5iFMHC7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(5)</td> <td id="xdx_981_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z0KvIh7KEjp2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(507)</td> <td id="xdx_988_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231_zeDQW3HbtXuk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(594)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairments</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zNzh6DTZP8A1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(1,167)</td> <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zE4QNFEZjuqe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(362)</td> <td id="xdx_98C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_z126Gu8zIgjg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(159)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zKlS6asDV4zh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(155)</td> <td id="xdx_986_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231_zmUDSPsZkSj7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(1,843)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Assets retirement obligation</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">14</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zSj6nuE3yEJ7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">170</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20250101__20251231_z0b5Zxa2N8ql" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">170</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zhNdNTi9J3Bl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(480)</td> <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zZ7zpAo6T35k" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(602)</td> <td id="xdx_98E_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zUcNvkNGLS7h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(641)</td> <td id="xdx_982_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zhr8kpxh4t8f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(471)</td> <td id="xdx_98C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zKCNgbVK22p9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(158)</td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zeBOo1jKLgP7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(141)</td> <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z8uPpAZmGXe6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(423)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231_zdjXdRuB7zi4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(2,916)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to held for sale (Energy Assets)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z8g7U5tl12G6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(24)</td> <td id="xdx_98F_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zOksqEazwzB6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(306)</td> <td id="xdx_98E_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zvnh4GNY0sY1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(358)</td> <td id="xdx_981_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zXP0KcK7xCHb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(1)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zQp8Y7WE6K41" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(37)</td> <td id="xdx_982_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z5Rg1QQtpjb3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(48)</td> <td id="xdx_98E_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zURzgK1eP5ll" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(57)</td> <td id="xdx_98C_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231_zINqToWYDFSe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(831)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zesnPBlnGqtl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">974</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zilR0gn4HKR2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">905</td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zypkqBNr2Ei2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">366</td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zb4Ow2HfNzSe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">377</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z7XaLCbjhnx1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">267</td> <td id="xdx_980_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z1EHOUxDj9t6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment">29</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zzJ0mZvk8Qld" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">201</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zAKr92EG4jfh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">1,045</td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231_zBlMt6SDswZj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4,164</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfers</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z4K0F0GkF4Pg" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,393</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zM69sgRgPHU6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,604</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zcWwrYbKZq12" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,503</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zKbFeSrNTNm" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(189)</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zpg5vj0COgyh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">205</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zqMprULGhqjf" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">467</td> <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zJGMJncW3Bnb" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(4,983)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z48NTtQXOf6d" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,497</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zAOcoN7GXRIf" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,482</td> <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zQq8W9JClQw9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,542</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zxOIukNv5ZTk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,267</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zaayTp0H3xC9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,389</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zAsPYhQQhLug" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">607</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zkNDfboQ1RD8" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,384</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zt6L9pWCKgC6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,457</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231_zeORXS4xM6ra" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">43,625</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z5P81TVwoXc1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">18,107</td> <td id="xdx_981_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_z92tJ1g2i4Vl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">14,638</td> <td id="xdx_982_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z6QL3EsHdST2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">11,056</td> <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zUmQ6mJ3NJic" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">15,112</td> <td id="xdx_989_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z3BFVUHqLBu" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">4,247</td> <td id="xdx_982_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zTmNDDgJxtzi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">1,556</td> <td id="xdx_980_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zG9Um9E8QXMd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">5,627</td> <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z3WjIZ1rYhl4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">10,457</td> <td id="xdx_982_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zjNmiSccbHz" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">80,800</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated depreciation</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_984_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zHc6AVfQk1T5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(7,610)</td> <td id="xdx_983_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zm8GKcTHpMN7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(6,156)</td> <td id="xdx_98F_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zQIRTkcECJY5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(6,514)</td> <td id="xdx_98A_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zQDI7mIRxFb9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(10,845)</td> <td id="xdx_984_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z5ws8yIZw1B8" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(1,858)</td> <td id="xdx_982_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zf2Zp2x7Hls7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(949)</td> <td id="xdx_98F_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z9cwxus4EvL1" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(3,243)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zOeMQAJuZQe2" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(37,175)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zAbsWJqFnaXk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,497</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zVGnL1tCQP1j" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,482</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_ztcJrauPvqnb" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,542</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zVoA9W2i0l0i" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,267</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zkSJRhGpHaPe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,389</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zf4Gv7ddMFM1" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">607</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z4L8cb5wNJ9l" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,384</td> <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z7JCAz9YNSK7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,457</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231_zB6hSr1NVfva" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">43,625</td></tr> </table> For more details regarding right of use and lease liability see note 22. Water overflow at Fabrica and Viga In January 2026 (subsequent event), there was an overflow of water mixed with sediments at the Fábrica and Viga mines, located in the municipalities of Ouro Preto and Congonhas, Minas Gerais, respectively. The Municipality of Congonhas suspended the operating permits, resulting in the shutdown of the Fábrica and Viga operations. In February 2026 (subsequent event), the Company became aware of four legal proceedings related to the event, which seek the adoption of different interim measures, including asset freezes, and were filed by the following authorities: (i) the Federal Prosecutor’s Office (MPF), which, in two separate actions, requested asset freezes of US$182 and US$36 in connection with the overflows at Fábrica and Viga, respectively; (ii) the State of Minas Gerais, in relation to the overflow at the Viga unit, requesting an asset freeze of US$182; and (iii) the State Prosecutor’s Office of Minas Gerais (MPMG) together with the State of Minas Gerais, in relation to the overflow at the Fábrica unit, requesting an asset freeze of US$154, alleging the need to prevent the worsening of supposed environmental damages. All legal proceedings filed by the authorities have already been promptly addressed by the Company, resulting in the dismissal of three out of the four requests for asset freezes. At this time, it remains pending the action related to Viga, filed by the Federal Prosecutor’s Office. <table cellpadding="0" cellspacing="0" id="xdx_884_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_zvg3oTomcnY9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Property, plant, and equipment (Details 1)"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 70%; padding-right: 2.65pt; padding-left: 2.65pt"> Accounting policy </td> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; vertical-align: bottom; width: 30%; font-family: Times New Roman,serif"> </td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Property, plant, and equipment are recorded at the cost of acquisition or construction, net of accumulated depreciation and impairment charges. Mineral properties developed internally are determined by (i) direct and indirect costs attributed to build the mining facilities, (ii) financial charges incurred during the construction period, (iii) depreciation of other fixed assets used during construction, (iv) estimated decommissioning and site restoration expenses, and (v) other capitalized expenditures during the development phase (phase when the project demonstrates its economic benefit to the Company, and the Company has ability and intention to complete the project). The depletion of mineral properties is determined based on the ratio between production and total proven and probable mineral reserves. Property, plant and equipment, other than mineral properties are depreciated using the straight-line method based on the estimated useful lives, from the date on which the assets become available for their intended use and are capitalized, except for land which is not depreciated. The estimated useful lives are as follows:</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of estimated useful lives of property, plant and equipment</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 0.25in; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Useful life</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Buildings</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zhyQ9YNGirz7" title="Useful lives, property plant and equipment">10 to <span id="xdx_909_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z20atdCj5TMd" title="Useful lives, property plant and equipment">50 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Facilities</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zmgd59v0cMff" title="Useful lives, property plant and equipment">18 to <span id="xdx_905_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z7hM05hxXPyi" title="Useful lives, property plant and equipment">40 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Equipment</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> <span id="xdx_908_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zMPR3unVNyJ6" title="Useful lives, property plant and equipment">3 to <span id="xdx_90D_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z5CYsvnHvbWl" title="Useful lives, property plant and equipment">40 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Railway equipment</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> <span id="xdx_90F_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zAhZgQEfwfx1" title="Useful lives, property plant and equipment">5 to <span id="xdx_90B_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zz7is34XYrOf" title="Useful lives, property plant and equipment">45 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Mineral properties</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MineralPropertiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zOPvLVNf98m7" title="Useful lives, property plant and equipment">1 to <span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MineralPropertiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmA51VYsJpPh" title="Useful lives, property plant and equipment">120 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Right of use assets</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zViDNKWiXe9d" title="Useful lives, property plant and equipment">1 to <span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zV1fr6sEj4Kb" title="Useful lives, property plant and equipment">18 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Other</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> <span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zuUQZFFfHOG5" title="Useful lives, property plant and equipment">2 to <span id="xdx_906_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zduYhHaDxRli" title="Useful lives, property plant and equipment">50 years</td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%"> The residual values and useful lives of assets are reviewed at the end of each reporting period and adjusted if necessary. </td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Expenditures and stripping costs (i) Exploration and evaluation expenditures - Expenditures on mining research are accounted for as operating expenses until the effective proof of economic feasibility and commercial viability of a given field can be demonstrated. From then on, the expenditures incurred are capitalized as mineral properties. (ii) Expenditures on feasibility studies, new technologies and others research - The Company also conducts feasibility studies for many businesses which it operates including researching new technologies to optimize the mining process. After these costs are proven to generate future benefits to the Company, the expenditures incurred are capitalized. (iii) Maintenance costs - Significant industrial maintenance costs, including spare parts, assembly services, and others, are recorded in property, plant and equipment and depreciated through the next programmed maintenance overhaul. (iv) Stripping Costs – After the effective proof of economic feasibility and commercial viability of the field, the cost associated with the removal of overburden and other waste materials (“stripping costs”) incurred during the development of mines, before production takes place, are capitalized as part of the depreciable cost of the mineral properties. These costs are subsequently amortized over the useful life of the mine. Post-production stripping costs are included in the cost of inventory, except when a new project is developed to permit access to a significant ore deposit. In such cases, the cost is capitalized as a non-current asset and is amortized during the extraction of the ore deposits, over the useful life of the ore deposits.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments Mineral reserves</td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Mineral reserves - The estimates of proven and probable reserves are regularly evaluated and updated. These reserves are determined using generally accepted geological estimates. The calculation of reserves requires the Company to make assumptions about expected future conditions that are uncertain, including future ore prices, exchange rates, inflation rates, mining technology, availability of permits and production costs. Changes in assumptions could have a significant impact on the proven and probable reserves of the Company. The estimated volume of mineral reserves is used as basis for the calculation of depletion of the mineral properties, and also for the estimated useful life which is a major factor to quantify the provision for asset retirement obligation, environmental recovery of mines and impairment of long-lived asset. Any changes to the estimates of the volume of mine reserves and the useful lives of assets may have a significant impact on the depreciation, depletion and amortization charges and assessments of impairment. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfDetailedInformationAboutPropertyPlantAndEquipmentExplanatory_z5K8sg4y3E9h" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Property, plant, and equipment (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of movements in property, plant and equipment</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 18%; font-family: Times New Roman,serif"> </td> <td style="width: 5%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Building and land</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Facilities</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Equipment</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Mineral properties</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Railway equipment</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Right of use assets</td> <td style="width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Other</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Constructions in progress</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z7igqR7t1KSl" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">10,119</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zh5d73QjdcAi" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">9,239</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zBPXERFwvdpc" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">4,450</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zywcFW0j7TG2" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">6,925</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zrRzcLyQyEHj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,612</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zu73zvp6uRh1" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">1,359</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zsY0fn0IA1B2" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,484</td> <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zjmUBM21xW8h" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">11,208</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20240101__20241231_zBwD8OUYioBe" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">48,396</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_fKGkp_zpMNq0r5yeLb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">83</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_fKGkp_z2eDSYyWcORj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,803</td> <td id="xdx_98A_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20240101__20241231_fKGkp_zr8Rg7KLeenh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,886</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest capitalization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--InterestCapitalization_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z1QPVAV87nqc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">36</td> <td id="xdx_983_ecustom--InterestCapitalization_pn6n6_c20240101__20241231_fKGkp_zxcvsNvMoWO2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">36</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_982_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zjpF2Usulz6l" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(28)</td> <td id="xdx_98A_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zassKYni3vfj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(47)</td> <td id="xdx_987_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z0KadrSQrLj2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(31)</td> <td id="xdx_989_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zAhrR3l1qEbe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(9)</td> <td id="xdx_981_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_znizvN5ZbFd3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(5)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zUO9OKpTzgMg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(3)</td> <td id="xdx_985_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zuwR7B2vZjgl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(278)</td> <td id="xdx_983_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231_zd8EK2pF66zk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(401)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairments</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zyTVrbuj5jL4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(335)</td> <td id="xdx_98C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zI7zSjsNr5Ek" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(57)</td> <td id="xdx_985_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zQOvkwdls9hi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(1,627)</td> <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zgtBcmlikbm3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(3)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zk7GhdO7XXWl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(188)</td> <td id="xdx_98E_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20240101__20241231_zmzbVCmjOyr1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(2,210)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Assets retirement obligation</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zy8enQrkTS16" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">(12)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20240101__20241231_zK808M30DjT5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">(12)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_989_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zijQy55LUgpg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(438)</td> <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zCdSuGXLqJIl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(547)</td> <td id="xdx_98F_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zD9u9gXm5f9l" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(691)</td> <td id="xdx_989_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zDupD9glWLF" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(474)</td> <td id="xdx_986_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zFZQ8iPPRsWh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(153)</td> <td id="xdx_98C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zZkIIHOfSQTl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(187)</td> <td id="xdx_982_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zwfmSuA7QGvg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(323)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20240101__20241231_zkxwVBMB45u5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(2,813)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Acquisition of Aliança Energia</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z8Wy4aSrJfd4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">27</td> <td id="xdx_981_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_ziu8Ago8mVH7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">87</td> <td id="xdx_98A_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zeMb2dacM7Mk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">329</td> <td id="xdx_981_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zBaB8uplgvB6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">2</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zBdKCS4bB6Qa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">4</td> <td id="xdx_986_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zpLy0xKysn5i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">51</td> <td id="xdx_98C_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zftocu43PzD6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">73</td> <td id="xdx_98F_ecustom--DecreaseThroughClassifiedAsAcquisitionOfAliancaEnergiaPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231_z7HpLuu28iqa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">573</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deconsolidation of VODC</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zJ6bes7GK8ub" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(9)</td> <td id="xdx_982_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z6C3XEn3sUPa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(98)</td> <td id="xdx_98B_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zWR2PGp22irk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(9)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zbRenOSoDcrb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(525)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zQygI3T7MFJ3" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(16)</td> <td id="xdx_986_ecustom--DecreaseThroughClassifiedAsDeconsolidationOfVODCPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231_zGLS7axGdbfc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Deconsolidation of VODC">(657)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zH3sMZ8y3Kqa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,991)</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zX40L1fCNlml" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,945)</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zycn6arE4P4i" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(736)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zh5aB5PagIth" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(964)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zr3U4ytU3cxb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(565)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zQlkhgW52244" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(74)</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zMKQ13mMSTy8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(409)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z7P6tHRfFbxc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(2,130)</td> <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20240101__20241231_zGfkb4hK1xbg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(8,814)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfers</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z1pz9FuPMP6l" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">966</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zPiCFJ0O6CCh" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,642</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zD7QfbGrXyXc" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">872</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_z2fxEju2XSef" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">715</td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zS5YmTk4P9Og" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">202</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zt5juMU68tN7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">392</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z5LveGVIgo74" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(4,789)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_983_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zXQxf35xHxLd" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,655</td> <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_z0cBporON7N8" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,085</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zjF2jmymxNtd" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,038</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zEErs42K1ljj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,547</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zC2hIRWOXbOk" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,088</td> <td id="xdx_981_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zV2hP7xVG2g9" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">660</td> <td id="xdx_985_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zZCCzCMj27ge" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,192</td> <td id="xdx_98B_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z5NFmyHQtqN7" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">9,719</td> <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20240101__20241231_ziUC7XcQ2nBk" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">39,984</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zrduVQwCATAf" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">15,266</td> <td id="xdx_980_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zzrnqAr2aqv9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">13,539</td> <td id="xdx_98A_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zEXceLXxaorj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">9,681</td> <td id="xdx_989_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zA3zstA5jDEi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">12,715</td> <td id="xdx_980_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zZPJDRQbtIUk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">3,643</td> <td id="xdx_988_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z7rdzWAy73tj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">1,412</td> <td id="xdx_98F_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_ztN5Cl8Wm5b8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">4,801</td> <td id="xdx_989_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zVCFHuclNpQ8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">9,719</td> <td id="xdx_98C_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zPVJ9cqJLy2h" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">70,776</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated depreciation</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_985_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z9SnH01WOtn7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(6,611)</td> <td id="xdx_985_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_znNsLbRzyJ27" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(5,454)</td> <td id="xdx_98C_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zpZyjgBNnqo4" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(5,643)</td> <td id="xdx_986_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zwDnBkeNGrph" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(8,168)</td> <td id="xdx_989_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zj6kJbPKiEi8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(1,555)</td> <td id="xdx_985_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z3uGG8AJ17r4" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(752)</td> <td id="xdx_98D_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zoHfg10aXFk6" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(2,609)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zjkY0m4MtIt6" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(30,792)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zuhSimLX6ZDj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">8,655</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zBKkkspBMzDa" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">8,085</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zZlpPyLceXmj" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">4,038</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zvdeIfVVqyX7" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">4,547</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zl6WOgJPXava" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,088</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z2t40BVDuxRh" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">660</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zOrs4Xsp1teg" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">2,192</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z3W8aTcNAx7j" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">9,719</td> <td id="xdx_984_eifrs-full--PropertyPlantAndEquipment_iS_pn6n6_c20250101__20251231_zSvZ0zs532m" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">39,984</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">96</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_fKGkp_zKcNC9lpmTcd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,373</td> <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsPropertyPlantAndEquipment_pn6n6_c20250101__20251231_fKGkp_zpCCM5UbT4R9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions (i)">5,469</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest capitalization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--InterestCapitalization_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zuMcAuLjWuBd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">22</td> <td id="xdx_987_ecustom--InterestCapitalization_pn6n6_c20250101__20251231_fKGkp_zuOc8DUOaRdd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest capitalization">22</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98C_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z4rCSLRVPBXb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(21)</td> <td id="xdx_988_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zsMRGC7ljEHe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(37)</td> <td id="xdx_987_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zqGiq4mlpDVf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(4)</td> <td id="xdx_981_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_z4YThb8z3l52" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(7)</td> <td id="xdx_984_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z1FvXlkB1C64" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(13)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zpvbw5iFMHC7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(5)</td> <td id="xdx_981_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z0KvIh7KEjp2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(507)</td> <td id="xdx_988_eifrs-full--DisposalsPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231_zeDQW3HbtXuk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(594)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairments</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zNzh6DTZP8A1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(1,167)</td> <td id="xdx_989_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zE4QNFEZjuqe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(362)</td> <td id="xdx_98C_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_z126Gu8zIgjg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(159)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zKlS6asDV4zh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(155)</td> <td id="xdx_986_eifrs-full--ImpairmentLossRecognisedInProfitOrLossPropertyPlantAndEquipment_pn6n6_c20250101__20251231_zmUDSPsZkSj7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairments">(1,843)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Assets retirement obligation</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">14</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zSj6nuE3yEJ7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">170</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--RetirementsPropertyPlantAndEquipments_pn6n6_c20250101__20251231_z0b5Zxa2N8ql" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets retirement obligation">170</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Depreciation, depletion and amortization</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_981_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zhNdNTi9J3Bl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(480)</td> <td id="xdx_980_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zZ7zpAo6T35k" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(602)</td> <td id="xdx_98E_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zUcNvkNGLS7h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(641)</td> <td id="xdx_982_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zhr8kpxh4t8f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(471)</td> <td id="xdx_98C_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zKCNgbVK22p9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(158)</td> <td id="xdx_985_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zeBOo1jKLgP7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(141)</td> <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z8uPpAZmGXe6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(423)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--DepreciationAndAmortisationExpense_iN_pn6n6_di_c20250101__20251231_zdjXdRuB7zi4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation, depletion and amortization">(2,916)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to held for sale (Energy Assets)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z8g7U5tl12G6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(24)</td> <td id="xdx_98F_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zOksqEazwzB6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(306)</td> <td id="xdx_98E_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zvnh4GNY0sY1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(358)</td> <td id="xdx_981_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zXP0KcK7xCHb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(1)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zQp8Y7WE6K41" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(37)</td> <td id="xdx_982_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z5Rg1QQtpjb3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(48)</td> <td id="xdx_98E_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zURzgK1eP5ll" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(57)</td> <td id="xdx_98C_eifrs-full--DecreaseThroughClassifiedAsHeldForSalePropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231_zINqToWYDFSe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to asset held for sale">(831)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zesnPBlnGqtl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">974</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zilR0gn4HKR2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">905</td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zypkqBNr2Ei2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">366</td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zb4Ow2HfNzSe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">377</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z7XaLCbjhnx1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">267</td> <td id="xdx_980_eifrs-full--WritedownsReversalsOfPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_z1EHOUxDj9t6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment">29</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zzJ0mZvk8Qld" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">201</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zAKr92EG4jfh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">1,045</td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesPropertyPlantAndEquipment_pn6n6_c20250101__20251231_zBlMt6SDswZj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4,164</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfers</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z4K0F0GkF4Pg" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,393</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zM69sgRgPHU6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,604</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zcWwrYbKZq12" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">1,503</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zKbFeSrNTNm" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(189)</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zpg5vj0COgyh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">205</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zqMprULGhqjf" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">467</td> <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughTransfersPropertyPlantAndEquipment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zJGMJncW3Bnb" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(4,983)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z48NTtQXOf6d" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,497</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zAOcoN7GXRIf" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,482</td> <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zQq8W9JClQw9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,542</td> <td id="xdx_98D_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zxOIukNv5ZTk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,267</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zaayTp0H3xC9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,389</td> <td id="xdx_989_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zAsPYhQQhLug" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">607</td> <td id="xdx_988_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zkNDfboQ1RD8" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,384</td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_zt6L9pWCKgC6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,457</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231_zeORXS4xM6ra" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">43,625</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_984_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_z5P81TVwoXc1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">18,107</td> <td id="xdx_981_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_z92tJ1g2i4Vl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">14,638</td> <td id="xdx_982_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_z6QL3EsHdST2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">11,056</td> <td id="xdx_98E_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zUmQ6mJ3NJic" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">15,112</td> <td id="xdx_989_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z3BFVUHqLBu" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">4,247</td> <td id="xdx_982_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zTmNDDgJxtzi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">1,556</td> <td id="xdx_980_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_zG9Um9E8QXMd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">5,627</td> <td id="xdx_98D_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z3WjIZ1rYhl4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">10,457</td> <td id="xdx_982_ecustom--PropertyPlantAndEquipmentCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_zjNmiSccbHz" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Property, plant and equipment, cost">80,800</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated depreciation</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_984_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zHc6AVfQk1T5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(7,610)</td> <td id="xdx_983_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zm8GKcTHpMN7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(6,156)</td> <td id="xdx_98F_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_zQIRTkcECJY5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(6,514)</td> <td id="xdx_98A_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zQDI7mIRxFb9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(10,845)</td> <td id="xdx_984_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_z5ws8yIZw1B8" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(1,858)</td> <td id="xdx_982_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zf2Zp2x7Hls7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(949)</td> <td id="xdx_98F_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z9cwxus4EvL1" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(3,243)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--DepreciationPropertyPlantAndEquipment_iN_pn6n6_di_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zOeMQAJuZQe2" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated depreciation">(37,175)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_987_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--LandAndBuildingsMember_zAbsWJqFnaXk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,497</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember_zVGnL1tCQP1j" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,482</td> <td id="xdx_986_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember_ztcJrauPvqnb" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,542</td> <td id="xdx_98A_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--TangibleExplorationAndEvaluationAssetsMember_zVoA9W2i0l0i" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">4,267</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember_zkSJRhGpHaPe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,389</td> <td id="xdx_98E_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember_zf4Gv7ddMFM1" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">607</td> <td id="xdx_980_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember_z4L8cb5wNJ9l" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2,384</td> <td id="xdx_98F_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--ConstructionInProgressMember_z7JCAz9YNSK7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">10,457</td> <td id="xdx_98C_eifrs-full--PropertyPlantAndEquipment_iE_pn6n6_c20250101__20251231_zB6hSr1NVfva" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">43,625</td></tr> </table>

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(i) the Federal Prosecutor’s Office (MPF), which, in two separate actions, requested asset freezes of US$182 and US$36 in connection with the overflows at Fábrica and Viga, respectively; (ii) the State of Minas Gerais, in relation to the overflow at the Viga unit, requesting an asset freeze of US$182; and (iii) the State Prosecutor’s Office of Minas Gerais (MPMG) together with the State of Minas Gerais, in relation to the overflow at the Fábrica unit, requesting an asset freeze of US$154, alleging the need to prevent the worsening of supposed environmental damages.

<table cellpadding="0" cellspacing="0" id="xdx_884_eifrs-full--DisclosureOfDepreciationAndAmortisationExpenseExplanatory_zvg3oTomcnY9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Property, plant, and equipment (Details 1)"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 70%; padding-right: 2.65pt; padding-left: 2.65pt"> Accounting policy </td> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; vertical-align: bottom; width: 30%; font-family: Times New Roman,serif"> </td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Property, plant, and equipment are recorded at the cost of acquisition or construction, net of accumulated depreciation and impairment charges. Mineral properties developed internally are determined by (i) direct and indirect costs attributed to build the mining facilities, (ii) financial charges incurred during the construction period, (iii) depreciation of other fixed assets used during construction, (iv) estimated decommissioning and site restoration expenses, and (v) other capitalized expenditures during the development phase (phase when the project demonstrates its economic benefit to the Company, and the Company has ability and intention to complete the project). The depletion of mineral properties is determined based on the ratio between production and total proven and probable mineral reserves. Property, plant and equipment, other than mineral properties are depreciated using the straight-line method based on the estimated useful lives, from the date on which the assets become available for their intended use and are capitalized, except for land which is not depreciated. The estimated useful lives are as follows:</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of estimated useful lives of property, plant and equipment</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 0.25in; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Useful life</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Buildings</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zhyQ9YNGirz7" title="Useful lives, property plant and equipment">10 to <span id="xdx_909_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--BuildingsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z20atdCj5TMd" title="Useful lives, property plant and equipment">50 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Facilities</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zmgd59v0cMff" title="Useful lives, property plant and equipment">18 to <span id="xdx_905_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--FacilitiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z7hM05hxXPyi" title="Useful lives, property plant and equipment">40 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Equipment</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> <span id="xdx_908_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zMPR3unVNyJ6" title="Useful lives, property plant and equipment">3 to <span id="xdx_90D_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--MachineryMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z5CYsvnHvbWl" title="Useful lives, property plant and equipment">40 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Railway equipment</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> <span id="xdx_90F_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zAhZgQEfwfx1" title="Useful lives, property plant and equipment">5 to <span id="xdx_90B_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--RailwayEquipmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zz7is34XYrOf" title="Useful lives, property plant and equipment">45 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Mineral properties</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MineralPropertiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zOPvLVNf98m7" title="Useful lives, property plant and equipment">1 to <span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__custom--MineralPropertiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zmA51VYsJpPh" title="Useful lives, property plant and equipment">120 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Right of use assets</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zViDNKWiXe9d" title="Useful lives, property plant and equipment">1 to <span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--RightofuseAssetsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zV1fr6sEj4Kb" title="Useful lives, property plant and equipment">18 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Other</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> <span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zuUQZFFfHOG5" title="Useful lives, property plant and equipment">2 to <span id="xdx_906_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimePropertyPlantAndEquipment_dtY_c20250101__20251231__ifrs-full--ClassesOfPropertyPlantAndEquipmentAxis__ifrs-full--OtherPropertyPlantAndEquipmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zduYhHaDxRli" title="Useful lives, property plant and equipment">50 years</td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%"> The residual values and useful lives of assets are reviewed at the end of each reporting period and adjusted if necessary. </td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Expenditures and stripping costs (i) Exploration and evaluation expenditures - Expenditures on mining research are accounted for as operating expenses until the effective proof of economic feasibility and commercial viability of a given field can be demonstrated. From then on, the expenditures incurred are capitalized as mineral properties. (ii) Expenditures on feasibility studies, new technologies and others research - The Company also conducts feasibility studies for many businesses which it operates including researching new technologies to optimize the mining process. After these costs are proven to generate future benefits to the Company, the expenditures incurred are capitalized. (iii) Maintenance costs - Significant industrial maintenance costs, including spare parts, assembly services, and others, are recorded in property, plant and equipment and depreciated through the next programmed maintenance overhaul. (iv) Stripping Costs – After the effective proof of economic feasibility and commercial viability of the field, the cost associated with the removal of overburden and other waste materials (“stripping costs”) incurred during the development of mines, before production takes place, are capitalized as part of the depreciable cost of the mineral properties. These costs are subsequently amortized over the useful life of the mine. Post-production stripping costs are included in the cost of inventory, except when a new project is developed to permit access to a significant ore deposit. In such cases, the cost is capitalized as a non-current asset and is amortized during the extraction of the ore deposits, over the useful life of the ore deposits.</td></tr> </table>

Property, plant, and equipment are recorded at the cost of acquisition or construction, net of accumulated depreciation and impairment charges. Mineral properties developed internally are determined by (i) direct and indirect costs attributed to build the mining facilities, (ii) financial charges incurred during the construction period, (iii) depreciation of other fixed assets used during construction, (iv) estimated decommissioning and site restoration expenses, and (v) other capitalized expenditures during the development phase (phase when the project demonstrates its economic benefit to the Company, and the Company has ability and intention to complete the project). The depletion of mineral properties is determined based on the ratio between production and total proven and probable mineral reserves. Property, plant and equipment, other than mineral properties are depreciated using the straight-line method based on the estimated useful lives, from the date on which the assets become available for their intended use and are capitalized, except for land which is not depreciated.

P10Y

P50Y

P18Y

P40Y

P3Y

P40Y

P5Y

P45Y

P1Y

P120Y

P1Y

P18Y

P2Y

P50Y

(i) Exploration and evaluation expenditures - Expenditures on mining research are accounted for as operating expenses until the effective proof of economic feasibility and commercial viability of a given field can be demonstrated. From then on, the expenditures incurred are capitalized as mineral properties.

(ii) Expenditures on feasibility studies, new technologies and others research - The Company also conducts feasibility studies for many businesses which it operates including researching new technologies to optimize the mining process. After these costs are proven to generate future benefits to the Company, the expenditures incurred are capitalized.

(iii) Maintenance costs - Significant industrial maintenance costs, including spare parts, assembly services, and others, are recorded in property, plant and equipment and depreciated through the next programmed maintenance overhaul.

(iv) Stripping Costs – After the effective proof of economic feasibility and commercial viability of the field, the cost associated with the removal of overburden and other waste materials (“stripping costs”) incurred during the development of mines, before production takes place, are capitalized as part of the depreciable cost of the mineral properties. These costs are subsequently amortized over the useful life of the mine. Post-production stripping costs are included in the cost of inventory, except when a new project is developed to permit access to a significant ore deposit. In such cases, the cost is capitalized as a non-current asset and is amortized during the extraction of the ore deposits, over the useful life of the ore deposits.<div style="border-bottom: Gray 1pt solid; margin-bottom: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center"> </td></tr><tr><td style="font: 9pt Vale Sans; text-align: center; width: 100%">F-33 </td></tr></table></div> <div style="break-before: page; margin-top: 6pt"><table cellpadding="0" cellspacing="0" style="width: 100%"><tr><td style="text-align: center; width: 100%"> <img alt="" src="valedfifrs4q256k_009.jpg"/></td></tr><tr><td style="text-align: center"> </td></tr></table></div> Critical accounting estimates and judgments

Mineral reservesMineral reserves - The estimates of proven and probable reserves are regularly evaluated and updated. These reserves are determined using generally accepted geological estimates. The calculation of reserves requires the Company to make assumptions about expected future conditions that are uncertain, including future ore prices, exchange rates, inflation rates, mining technology, availability of permits and production costs. Changes in assumptions could have a significant impact on the proven and probable reserves of the Company. The estimated volume of mineral reserves is used as basis for the calculation of depletion of the mineral properties, and also for the estimated useful life which is a major factor to quantify the provision for asset retirement obligation, environmental recovery of mines and impairment of long-lived asset. Any changes to the estimates of the volume of mine reserves and the useful lives of assets may have a significant impact on the depreciation, depletion and amortization charges and assessments of impairment. 14. Provision for de-characterization of dam structures and asset retirement obligations The Company is subject to local laws and regulations, that require the decommissioning of the assets that Vale operates at the end of their useful lives, therefore, expenses related to the demobilization occur after the end of operational activities and throughout the life of operations through progressive closures. These obligations are regulated in Brazil at the Federal and State levels by ANM (National Mining Agency) and Environmental Agencies, respectively. Among the requirements, the closure plans must consider the physical, chemical and biological stability of the areas and post-closure actions for the period necessary to verify the effectiveness of the decommissioning. These obligations are accrued and are subject to critical estimates and assumptions applied to the measurement of costs by the Company. Depending on the geotechnical characteristics of the structures, the Company is required to de-characterize the structures, as shown in item a) below. Effects in the income statement <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfEffectsInTheIncomeStatementsTableTextBlock_pn6n6_zoQ5ZdmfRgl4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Provision for de-characterization of dam structures and asset retirement obligations (Details)"> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of provision for effects in income statements</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_49F_20250101__20251231_z6pxU8rh5gdh" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_491_20240101__20241231_zncCvkdx4Xdl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_499_20230101__20231231_zferaNhaRavb" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 45%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31,</td> <td style="border-bottom: #007E7A 1pt solid; width: 13%; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Reference</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2023</td></tr> <tr id="xdx_408_ecustom--DecharacterizationOfUpstreamGeotechnicalStructures_zWkGxI8aEzc3"> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">De-characterization of upstream geotechnical structures</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14(a)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(185)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(206)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">153</td></tr> <tr id="xdx_40F_ecustom--AssetRetirementObligations_zdSTG6P6jqyc"> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Obligation for asset decommissioning</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">173</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(16)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5</td></tr> <tr id="xdx_402_ecustom--EnvironmentalObligations_zEKJsedjBCB7"> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental obligations</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14(b)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">25</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">50</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">71</td></tr> <tr id="xdx_407_ecustom--TotalProvisionForIncomeStatement_zk8sqQK3HjVc"> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(172)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">229</td></tr> </table> Provision changes during the year <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfChangesInProvisionsDeCharacterizationOfDamStructuresTableTextBlock_pn6n6_zENk4l3IruXi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Provision for de-characterization of dam structures and asset retirement obligations (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in the provisions, de-characterization of dam structures located in Brazil</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 41%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="border-bottom: #007E7A 1pt solid; width: 19%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">De-characterization of upstream geotechnical structures (i)</td> <td style="border-top: white 2.25pt solid; border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Asset retirement obligations</td> <td style="border-top: white 2.25pt solid; border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt"> Environmental obligations </td> <td style="border-top: white 2.25pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98F_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zquumWwxqnQa" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">2,213</td> <td id="xdx_986_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zZT3M4NI6b1f" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">3,106</td> <td id="xdx_98D_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zo3RdAL8zfJ4" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">444</td> <td id="xdx_982_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231_zodgDf92TkH6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">5,763</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates - amounts for closed plants charged to the income statement</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98A_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zjvzdXXXYB98" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">(185)</td> <td id="xdx_98A_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zZjNHJNkCu4c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">173</td> <td id="xdx_980_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zrVPVBm93Hw4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">25</td> <td id="xdx_98B_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231_zWEm8cQbjR7h" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">13</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates – capitalized value for operational plants</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_984_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zmMKIKHnsiY9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">–</td> <td id="xdx_987_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zFePKnMb1AN3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">170</td> <td id="xdx_986_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zWFKcDJoEPYj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">44</td> <td id="xdx_984_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231_zrsjt1lGH0Hi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">214</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disbursements</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_986_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_z6sTuQ5fFwPj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(378)</td> <td id="xdx_98C_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zqARXIzLzc07" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(218)</td> <td id="xdx_988_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zlqDNxLSO9Li" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(115)</td> <td id="xdx_984_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231_zmVW7BzO6z34" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(711)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Monetary and present value adjustments</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_981_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_z4IhMz9UXfjf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">171</td> <td id="xdx_984_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zrN2RpmLnqJ5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">134</td> <td id="xdx_988_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zB1CBXNUfTs5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">22</td> <td id="xdx_98F_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231_zQUPJBkWMo9f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">327</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to assets held for sale </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td id="xdx_980_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zX9BiEhWhXc6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">–</td> <td id="xdx_98F_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zlprjGoPen0g" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">(2)</td> <td id="xdx_983_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zmtGbEim3HR4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">(22)</td> <td id="xdx_984_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231_zBNqgNQqYDc5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">(24)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustments</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_989_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zdUJWnqgsJW7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">276</td> <td id="xdx_98E_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zvTRcLoZWSQa" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">258</td> <td id="xdx_988_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_z24sfVPd4Wyb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">46</td> <td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231_zmH4YlqNMCU3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">580</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_987_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zsPEIg8wQOrd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">2,097</td> <td id="xdx_98D_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zIr7066o7voh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">3,621</td> <td id="xdx_983_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_z9evXbkozTri" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">444</td> <td id="xdx_981_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231_zBE9H17X7YN" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">6,162</td></tr> </table> (i) The cash flow for de-characterization projects are estimated for a period up to 13 years and were discounted to present value at an annual rate in real terms, which increased from 7.36% to 7.77%. a) De-characterization of upstream geotechnical structures As a result of the Brumadinho dam failure (note 25) and, in compliance with laws and regulations, the Company has decided to accelerate the plan to “de-characterize” of all its dams and dikes built under the upstream method, located in Brazil. These structures are in different stages of maturity, for which the estimate of expenditures includes in its methodology a high degree of uncertainty in the definition of the total cost of the project in accordance with best market practices. The Company also operates tailings dams in Canada, including upstream compacted dams. However, the Company decided that these dams will be decommissioned using other methods, thus, the provision to carry out the decommissioning of dams in Canada is recognized as “Obligations for decommissioning assets and environmental obligations”, as presented in item (b) below. Laws and regulations related to dam safety In December 2023, the government of Minas Gerais published decree No. 48,747, which regulates the measurement and execution of environmental guarantees individually for each dam, based on the reservoir area, classification and purpose of the dam, and estimated de-characterization costs and should be kept throughout the useful life of the dam, from its startup phase until the de-characterization and socio-environmental recovery. In September 2024, the Company submitted environmental guarantee proposals to the government with a total amount of US$274 (R$1.7 billion), which will be meet by providing property mortgage and property fiduciary lien, financial guarantees or insurance and Vale expects that the financial costs to be incurred will be immaterial. In December 2024, the government of Minas Gerais published Decree No. 48.977, which amended Decree No. 48.747 and established a new implementation schedule for the guarantees, which should have a maximum term of 3 years from the approval of the proposals by the government of Minas Gerais, with half of this amount within 12 months and the remainder within the following 2 years. Operational stoppage The Company has suspended some operations due to judicial decisions or technical analysis performed by Vale regarding the safety of its geotechnical structures located in Brazil. The Company has been recording losses in relation to the operational stoppage and idle capacity of the Iron Ore Solutions segment in the amount of US$42 for the year ended December 31, 2025 (2024 and 2023, respectively: US$152 and US$218). The Company is working on legal and security to resume operations. b) Asset retirement obligations and environmental obligations <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfAssetRetirementObligationsTableTextBlock_pn6n6_zL90xrNHbrKg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Provision for de-characterization of dam structures and asset retirement obligations (Details 2)"> <tr style="vertical-align: bottom"> <td style="background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in the provision of asset retirement obligations and environmental obligations</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="2" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Liability</td> <td style="font-family: Times New Roman,serif"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Discount rate</td> <td colspan="2" style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Cash flow maturity</td></tr> <tr style="background-color: #007E7A"> <td style="width: 28%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Liability by geographical area</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_985_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_z1JtJbEipDjc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">2,299</td> <td id="xdx_987_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zdQeSmAezzu6" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,784</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zrBFQi6TRw4i" title="Discount rate">7.17%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zkkGObmy781k" title="Discount rate">7.38%</td> <td id="xdx_98E_ecustom--ProvisionsFlowDuration_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zzEjwe3DCE48" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2163</td> <td id="xdx_985_ecustom--ProvisionsFlowDuration_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zz4b8hA2vKXd" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2132</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Canada</td> <td id="xdx_980_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zPLhc6aQaJU1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,487</td> <td id="xdx_980_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zWWad3tJPhr3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,520</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zw3WdbDEr6U4" title="Discount rate">1.81%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zGU0eYHWn8Te" title="Discount rate">1.44%</td> <td id="xdx_989_ecustom--ProvisionsFlowDuration_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zHpSO9KfEC51" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2152</td> <td id="xdx_983_ecustom--ProvisionsFlowDuration_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zop8jODv59Z5" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2152</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Oman</td> <td id="xdx_981_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zGNQzRQsDtMa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">153</td> <td id="xdx_981_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zRYss09yFC2g" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">142</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zFUWmgT9EmH2" title="Discount rate">3.48%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zNFIdB9qVLAg" title="Discount rate">3.66%</td> <td id="xdx_98E_ecustom--ProvisionsFlowDuration_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_z4FGwpHsOaUj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2035</td> <td id="xdx_98A_ecustom--ProvisionsFlowDuration_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zHkEBjDREkQl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2035</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Other regions</td> <td id="xdx_988_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zi7azeIk4yU3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">126</td> <td id="xdx_988_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_z2X7HuoQlDv3" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">104</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zqo7GPiCELag" title="Discount rate">2.75%</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zcHVTGnBQ1z5" title="Discount rate">2.77%</td> <td id="xdx_98C_ecustom--ProvisionsFlowDuration_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_z2LAIqZ3pqte" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">-</td> <td id="xdx_98A_ecustom--ProvisionsFlowDuration_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zMgCkfMDlaV7" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">-</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98E_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember_zYbO3zyzaBF6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">4,065</td> <td id="xdx_981_eifrs-full--OtherProvisions_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember_zQOkNpxHkc5h" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">3,550</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Operating plants</td> <td id="xdx_983_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--OperatingPlantsMember_zhTKieXOxAA8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">2,961</td> <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--OperatingPlantsMember_zQI8WS2IGzq7" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">2,509</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Closed plants</td> <td id="xdx_98D_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ClosedPlantsMember_zbXCAaLzxv8c" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,104</td> <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ClosedPlantsMember_z6uKG0lso0gd" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,041</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_985_ecustom--TotalOtherProvisions_iI_pn6n6_c20251231_zyOiWdM9nYDi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other provisions">4,065</td> <td id="xdx_980_ecustom--TotalOtherProvisions_iI_pn6n6_c20241231_zaPGcqMX9Ab9" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other provisions">3,550</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> </table> Decommissioning plan and future use The implementation and execution of future use projects, after the decommissioning, is not required by law and is therefore not included in the provision. However, the Company has been studying a governance to assess the future use, considering its aptitudes, post-operational usage intention, socio-economic development of the community and the characteristics of the physical and biotic environments in which Vale operates. Any future obligations, if assumed by Vale, may result in material impact on the amount of the provision. Financial guarantees The Company has guarantees issued by financial institutions in the amount of US$1,134 as of December 31, 2025 (December 31, 2024: US$1,091), in connection with the asset retirement obligations for its Vale Base Metals operations. The financial cost of these guarantees is immaterial. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made. Provisions are recognized and subsequently measured at the present value of the estimated expenditures required to settle the Company's obligation. The cost corresponding to the initial recognition of the provision and subsequent updates due to revisions in estimates is capitalized as part of property, plant, and equipment and depreciated over the useful life of the related mining assets. When future economic benefits are no longer expected from the operation, changes in estimates are recognized as "other operating revenues (expenses), net" in the income statement for the respective period. The effect related to the passage of time is presented in the income statement for the respective period as financial results.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForDeCharacterizationOfDamStructuresPolicyTextBlock_zBMrTHU85lSl" style="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: white">De-characterization of dam structures - The definition of the main critical assumptions and estimates applied by the Company in the de-characterization provision is supported by internal and external engineering and geology advisors and considers, among others: (i) volume of the waste to be removed based on historical data available and interpretation of the enacted laws and regulations; (ii) location availability for the tailings disposal; (iii) engineering methods and solutions; (iv) security levels; (v) productivity of the equipment used; (vi) advances in geological studies and new hydrological information; and (vii) discount rate update. Therefore, future expenditures may differ from the amounts currently provided because the realized assumptions and various other factors are not always under the Company’s control. These changes to key assumptions could result in a material impact to the amount of the provision in future reporting periods. At each reporting period, the Company will reassess the key assumptions used in the preparation of the projected cash flows and will adjust the provision, if required. Asset retirement obligations - The definition of the main critical assumptions and estimates applied by the Company in the asset retirement obligations and environmental obligations is supported by internal and external engineering and geology advisors and considers, among others: interest rate, cost of closure, useful life of the mining asset considering the current conditions of closure and the projected date of depletion of each mine. Any changes in these assumptions may significantly impact the recorded provision. Therefore, the estimated costs for closure of the mining assets are deemed to be a critical accounting estimate and annually reviewed. </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfEffectsInTheIncomeStatementsTableTextBlock_pn6n6_zoQ5ZdmfRgl4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Provision for de-characterization of dam structures and asset retirement obligations (Details)"> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of provision for effects in income statements</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_49F_20250101__20251231_z6pxU8rh5gdh" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_491_20240101__20241231_zncCvkdx4Xdl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_499_20230101__20231231_zferaNhaRavb" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 45%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31,</td> <td style="border-bottom: #007E7A 1pt solid; width: 13%; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Reference</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2023</td></tr> <tr id="xdx_408_ecustom--DecharacterizationOfUpstreamGeotechnicalStructures_zWkGxI8aEzc3"> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">De-characterization of upstream geotechnical structures</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14(a)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(185)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(206)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">153</td></tr> <tr id="xdx_40F_ecustom--AssetRetirementObligations_zdSTG6P6jqyc"> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Obligation for asset decommissioning</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">173</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(16)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5</td></tr> <tr id="xdx_402_ecustom--EnvironmentalObligations_zEKJsedjBCB7"> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental obligations</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14(b)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">25</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">50</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">71</td></tr> <tr id="xdx_407_ecustom--TotalProvisionForIncomeStatement_zk8sqQK3HjVc"> <td style="border-bottom: teal 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(172)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">229</td></tr> </table> -185 -206 153 173 -16 5 25 50 71 13 -172 229 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfChangesInProvisionsDeCharacterizationOfDamStructuresTableTextBlock_pn6n6_zENk4l3IruXi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Provision for de-characterization of dam structures and asset retirement obligations (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in the provisions, de-characterization of dam structures located in Brazil</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 41%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="border-bottom: #007E7A 1pt solid; width: 19%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">De-characterization of upstream geotechnical structures (i)</td> <td style="border-top: white 2.25pt solid; border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Asset retirement obligations</td> <td style="border-top: white 2.25pt solid; border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt"> Environmental obligations </td> <td style="border-top: white 2.25pt solid; border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98F_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zquumWwxqnQa" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">2,213</td> <td id="xdx_986_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zZT3M4NI6b1f" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">3,106</td> <td id="xdx_98D_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zo3RdAL8zfJ4" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">444</td> <td id="xdx_982_ecustom--OthersProvisions_iS_pn6n6_c20250101__20251231_zodgDf92TkH6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">5,763</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates - amounts for closed plants charged to the income statement</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98A_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zjvzdXXXYB98" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">(185)</td> <td id="xdx_98A_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zZjNHJNkCu4c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">173</td> <td id="xdx_980_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zrVPVBm93Hw4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">25</td> <td id="xdx_98B_ecustom--RevisionToEstimatesAmountsForClosedPlantsChargedToIncomeStatement_pn6n6_c20250101__20251231_zWEm8cQbjR7h" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - amounts for closed plants charged to the income statement">13</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes in estimates – capitalized value for operational plants</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_984_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zmMKIKHnsiY9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">–</td> <td id="xdx_987_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zFePKnMb1AN3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">170</td> <td id="xdx_986_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zWFKcDJoEPYj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">44</td> <td id="xdx_984_ecustom--RevisionToEstimatesCapitalizedAmountsForOperatingPlants_pn6n6_c20250101__20251231_zrsjt1lGH0Hi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">214</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disbursements</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_986_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_z6sTuQ5fFwPj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(378)</td> <td id="xdx_98C_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zqARXIzLzc07" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(218)</td> <td id="xdx_988_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zlqDNxLSO9Li" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(115)</td> <td id="xdx_984_ecustom--ProvisionUsedOtherProvision_pn6n6_c20250101__20251231_zmVW7BzO6z34" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(711)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Monetary and present value adjustments</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_981_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_z4IhMz9UXfjf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">171</td> <td id="xdx_984_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zrN2RpmLnqJ5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">134</td> <td id="xdx_988_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zB1CBXNUfTs5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">22</td> <td id="xdx_98F_ecustom--MonetaryAndPresentValueAdjustments_pn6n6_c20250101__20251231_zQUPJBkWMo9f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">327</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to assets held for sale </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td id="xdx_980_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zX9BiEhWhXc6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates - capitalized amounts for operating plants">–</td> <td id="xdx_98F_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zlprjGoPen0g" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">(2)</td> <td id="xdx_983_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_zmtGbEim3HR4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">(22)</td> <td id="xdx_984_ecustom--AcquisitionOfAliancaEnergia_pn6n6_c20250101__20251231_zBNqgNQqYDc5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisition of Alianca Energia">(24)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustments</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_989_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zdUJWnqgsJW7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">276</td> <td id="xdx_98E_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zvTRcLoZWSQa" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">258</td> <td id="xdx_988_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_z24sfVPd4Wyb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">46</td> <td id="xdx_982_ecustom--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvision_pn6n6_c20250101__20251231_zmH4YlqNMCU3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">580</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_987_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--DecharacterizationOfUpstreamGeotechnicalStructuresMember_zsPEIg8wQOrd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">2,097</td> <td id="xdx_98D_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--ProvisionForDecommissioningRestorationAndRehabilitationCostsMember_zIr7066o7voh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">3,621</td> <td id="xdx_983_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--OtherEnvironmentRelatedProvisionMember_z9evXbkozTri" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">444</td> <td id="xdx_981_ecustom--OthersProvisions_iE_pn6n6_c20250101__20251231_zBE9H17X7YN" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the end">6,162</td></tr> </table> (i) The cash flow for de-characterization projects are estimated for a period up to 13 years and were discounted to present value at an annual rate in real terms, which increased from 7.36% to 7.77%. 2213000000 3106000000 444000000 5763000000 -185000000 173000000 25000000 13000000 170000000 44000000 214000000 -378000000 -218000000 -115000000 -711000000 171000000 134000000 22000000 327000000 -2000000 -22000000 -24000000 276000000 258000000 46000000 580000000 2097000000 3621000000 444000000 6162000000

42000000

152000000

218000000

<table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfAssetRetirementObligationsTableTextBlock_pn6n6_zL90xrNHbrKg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Provision for de-characterization of dam structures and asset retirement obligations (Details 2)"> <tr style="vertical-align: bottom"> <td style="background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in the provision of asset retirement obligations and environmental obligations</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="2" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Liability</td> <td style="font-family: Times New Roman,serif"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Discount rate</td> <td colspan="2" style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Cash flow maturity</td></tr> <tr style="background-color: #007E7A"> <td style="width: 28%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 12%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Liability by geographical area</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Brazil</td> <td id="xdx_985_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_z1JtJbEipDjc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">2,299</td> <td id="xdx_987_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zdQeSmAezzu6" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,784</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zrBFQi6TRw4i" title="Discount rate">7.17%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zkkGObmy781k" title="Discount rate">7.38%</td> <td id="xdx_98E_ecustom--ProvisionsFlowDuration_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zzEjwe3DCE48" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2163</td> <td id="xdx_985_ecustom--ProvisionsFlowDuration_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfBrazilMember_zz4b8hA2vKXd" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2132</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Canada</td> <td id="xdx_980_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zPLhc6aQaJU1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,487</td> <td id="xdx_980_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zWWad3tJPhr3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,520</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zw3WdbDEr6U4" title="Discount rate">1.81%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zGU0eYHWn8Te" title="Discount rate">1.44%</td> <td id="xdx_989_ecustom--ProvisionsFlowDuration_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zHpSO9KfEC51" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2152</td> <td id="xdx_983_ecustom--ProvisionsFlowDuration_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfCanadaMember_zop8jODv59Z5" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2152</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Oman</td> <td id="xdx_981_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zGNQzRQsDtMa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">153</td> <td id="xdx_981_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zRYss09yFC2g" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">142</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zFUWmgT9EmH2" title="Discount rate">3.48%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zNFIdB9qVLAg" title="Discount rate">3.66%</td> <td id="xdx_98E_ecustom--ProvisionsFlowDuration_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_z4FGwpHsOaUj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2035</td> <td id="xdx_98A_ecustom--ProvisionsFlowDuration_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--CountryOfOmanMember_zHkEBjDREkQl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">2035</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Other regions</td> <td id="xdx_988_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zi7azeIk4yU3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">126</td> <td id="xdx_988_eifrs-full--OtherProvisions_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_z2X7HuoQlDv3" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">104</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zqo7GPiCELag" title="Discount rate">2.75%</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--EnvironmentalObligationDiscountRateApplied_pip0_dp_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zcHVTGnBQ1z5" title="Discount rate">2.77%</td> <td id="xdx_98C_ecustom--ProvisionsFlowDuration_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_z2LAIqZ3pqte" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">-</td> <td id="xdx_98A_ecustom--ProvisionsFlowDuration_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember__ifrs-full--GeographicalAreasAxis__custom--OtherRegionsMember_zMgCkfMDlaV7" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash flow maturity">-</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98E_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember_zYbO3zyzaBF6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">4,065</td> <td id="xdx_981_eifrs-full--OtherProvisions_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForDecommissioningRestorationAndRehabilitationCostsAndEnvironmentalProvisionsMember_zQOkNpxHkc5h" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">3,550</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Operating plants</td> <td id="xdx_983_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--OperatingPlantsMember_zhTKieXOxAA8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">2,961</td> <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--OperatingPlantsMember_zQI8WS2IGzq7" style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">2,509</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Closed plants</td> <td id="xdx_98D_eifrs-full--OtherProvisions_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ClosedPlantsMember_zbXCAaLzxv8c" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,104</td> <td id="xdx_98F_eifrs-full--OtherProvisions_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ClosedPlantsMember_z6uKG0lso0gd" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other provisions">1,041</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_985_ecustom--TotalOtherProvisions_iI_pn6n6_c20251231_zyOiWdM9nYDi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other provisions">4,065</td> <td id="xdx_980_ecustom--TotalOtherProvisions_iI_pn6n6_c20241231_zaPGcqMX9Ab9" style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other provisions">3,550</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> </table>

2299000000

1784000000

0.0717 0.0738 2163000000 2132000000

1487000000

1520000000

0.0181 0.0144 2152000000 2152000000

153000000

142000000

0.0348 0.0366 2035000000 2035000000

126000000

104000000

0.0275 0.0277

4065000000

3550000000

2961000000

2509000000

1104000000

1041000000

4065000000 3550000000 <p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForDeCharacterizationOfDamStructuresPolicyTextBlock_zBMrTHU85lSl" style="font: 10pt Vale Sans,sans-serif; margin: 0; text-align: justify; color: white">De-characterization of dam structures - The definition of the main critical assumptions and estimates applied by the Company in the de-characterization provision is supported by internal and external engineering and geology advisors and considers, among others: (i) volume of the waste to be removed based on historical data available and interpretation of the enacted laws and regulations; (ii) location availability for the tailings disposal; (iii) engineering methods and solutions; (iv) security levels; (v) productivity of the equipment used; (vi) advances in geological studies and new hydrological information; and (vii) discount rate update. Therefore, future expenditures may differ from the amounts currently provided because the realized assumptions and various other factors are not always under the Company’s control. These changes to key assumptions could result in a material impact to the amount of the provision in future reporting periods. At each reporting period, the Company will reassess the key assumptions used in the preparation of the projected cash flows and will adjust the provision, if required. Asset retirement obligations - The definition of the main critical assumptions and estimates applied by the Company in the asset retirement obligations and environmental obligations is supported by internal and external engineering and geology advisors and considers, among others: interest rate, cost of closure, useful life of the mining asset considering the current conditions of closure and the projected date of depletion of each mine. Any changes in these assumptions may significantly impact the recorded provision. Therefore, the estimated costs for closure of the mining assets are deemed to be a critical accounting estimate and annually reviewed.

15. Intangibles <table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_pn6n6_zjVy9PfysHX8" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Intangibles - (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Schedule of movements in intangibles </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 27%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Goodwill</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Concessions</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Software</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Research and development projects</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Patents</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zKoXzXKli498" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">3,263</td> <td id="xdx_98C_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zhecHWOtTR6i" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">7,689</td> <td id="xdx_98E_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zgmrLn2nfAI3" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">104</td> <td id="xdx_984_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zo9vTg3ZTQId" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">575</td> <td id="xdx_985_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zh9Na6Ejw679" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">–</td> <td id="xdx_980_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231_zzmifV7VeCMl" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">11,631</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zopVriOQPgKb" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">465</td> <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Kr3OGfUzNi" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">54</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20240101__20241231_zw7sjI07euq5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">519</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zSRj0OBVmxZ7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(10)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_ztyVPCtgMcul" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(5)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231_zNdHjLMeRevf" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(15)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zSJXEpRIMQZ4" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(270)</td> <td id="xdx_988_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zizEwfTsoUa8" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(54)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231_zfDtNeqlGEx7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(324)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Acquisition of Aliança Energia</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td id="xdx_980_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zEXNnaJY0VOg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers to held for sale">257</td> <td id="xdx_98A_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zJWADzM2xIdk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers to held for sale">824</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zLj7ACRdhXQ4" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers to held for sale">4</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231_zZO0AJMebQIa" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">1,085</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zEiXZRDR3Brk" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(482)</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_z5HNJKvq4oW1" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,756)</td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9poPwz7nMAf" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(20)</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zmErl2mD8hFl" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(124)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231_zgGoNGhhpsYe" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(2,382)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zOmFxEfgP6Nb" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">3,038</td> <td id="xdx_980_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zMKYpLHPYPw7" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">6,942</td> <td id="xdx_989_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zEf2B91jZuS9" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">84</td> <td id="xdx_98B_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zQgQ5JIeXRZ7" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">450</td> <td style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231_zqcSv6A3ffU6" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">10,514</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zbweaxk37t8g" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">3,038</td> <td id="xdx_987_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zNDsBQwFc8yg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">8,528</td> <td id="xdx_985_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zeApUJkmZwUk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">579</td> <td id="xdx_987_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zSwLM4H8mbj8" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">450</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z12j8PdsZMib" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">12,595</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated amortization</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--AccumulatedAmortization_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zH2niTdhTYR6" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(1,586)</td> <td id="xdx_984_ecustom--AccumulatedAmortization_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqBd3DuEx014" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(495)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--AccumulatedAmortization_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsBMhRgOR8eb" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(2,081)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_983_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zBF0DTDhuLG1" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">3,038</td> <td id="xdx_98F_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_z4kDxPNHyTB6" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">6,942</td> <td id="xdx_98F_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z7bHI6m2FLJf" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">84</td> <td id="xdx_98A_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zkisrbH8ZMPj" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">450</td> <td style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231_zX3KjGAi97h7" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">10,514</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zKQE0LYfV3l6" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">363</td> <td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zcFHwJhYMJ0b" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">31</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20250101__20251231_zad6PGuloVA3" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">394</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zXmQ86i3D1d4" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(4)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231_zigVz2QhO74k" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(4)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zKgnXlmEDcv9" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(276)</td> <td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_znVR4Yf4MVS8" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(44)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zaJgyubGYoDl" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(17)</td> <td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231_znW8LS7yM45f" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(337)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12</td> <td id="xdx_981_eifrs-full--ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_z0ETQsNoWXFe" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment">(1,852)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231_zkyNsJt3PWX2" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,852)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to held for sale (Energy Assets)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_980_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_z8N5HfLiCRdf" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(131)</td> <td id="xdx_989_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zM7U7fejYlH9" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(770)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zCkWafSK2Pjh" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231_zyqU156jZMTg" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(904)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfers (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--IntangibleAssetsAndGoodwillTransfer_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zmx0XgOew7jh" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(445)</td> <td id="xdx_98A_ecustom--IntangibleAssetsAndGoodwillTransfer_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zYROmX9Juujg" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">445</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zhputKCPUkHh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">242</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zhjMpS3S1gk6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">836</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zVrjOEAr6YDl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">9</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_z1migLxWnekk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">55</td> <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231_zCkCAKCjHFG6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">1,142</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_z1hll1TQR98c" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">1,297</td> <td id="xdx_987_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zSkEvGzoZ6hf" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">7,091</td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zq2l6Fu0QQU6" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">80</td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_znU8MsvKdON9" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2</td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zceYo8bWiwol" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">483</td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231_zlEH8yluFFy3" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,953</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_980_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zgnHzAR17srb" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">1,297</td> <td id="xdx_986_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zImtxKSH6zWe" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">9,068</td> <td id="xdx_982_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zulfwpSxRfX1" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">663</td> <td id="xdx_98A_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zKxBgEPuHru7" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">2</td> <td id="xdx_98B_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_z46v6BXva6Wb" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">500</td> <td id="xdx_988_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z83n3VfFBDm2" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost">11,530</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated amortization</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zOrl2eXzKLvl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(1,977)</td> <td id="xdx_981_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2PuNhZSf1E6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(583)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zS0HXTH7NKne" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(17)</td> <td id="xdx_98B_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zRUzamw4rES8" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(2,577)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zyYaVJpxiH0g" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">1,297</td> <td id="xdx_98A_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zFs6lUqzAQRe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">7,091</td> <td id="xdx_98E_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zI3SR1jyeb73" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">80</td> <td id="xdx_984_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zLdbsL36NQLl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2</td> <td id="xdx_986_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zHS5IqVToQjl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">483</td> <td id="xdx_983_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231_zXHYiDgRQMm3" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,953</td></tr> </table> (i) In October 2025, Vale changed the utilization plan for the technology arising from projects acquired through the acquisition of New Steel Global N.V. and, as a result, the carrying amount associated with these projects has been reclassified as "patent" and will be amortized over its legal protection period. a) Concessions – Includes the operating concession contracts of EFC and EFVM (note 16). b) Goodwill – Includes the goodwill derived from acquisition of iron ore and the goodwill from the incorporation of Valepar into Vale S.A. in 2017 which was recognized on the acquisition of Vale S.A. controlling interest by Valepar, based on the expected future returns of the ferrous segment. The Company has not recognized the deferred taxes over the goodwill, since there are no differences between the tax basis and accounting basis. Annually, the Company assesses the impairment of this asset, or more frequently when an indication of impairment is identified (note 12). c) Patents - Refers to patents identified in the business combination of New Steel Global N.V. acquired in 2019. <table cellpadding="0" cellspacing="0" id="xdx_88D_eifrs-full--DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_zbYUOiamnVb5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Intangibles - (Details 1)"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 70%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; vertical-align: bottom; width: 30%; font-family: Times New Roman,serif"> </td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_zpFjaHJs8554" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">Intangibles are carried at acquisition cost, net of accumulated amortization and impairment charges. The estimated useful lives are as follows:</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 0.25in; font-family: Times New Roman,serif; text-align: left; line-height: 120%">Schedule of estimated useful lives of intangibles</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 0.25in; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Useful life</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Railway concessions</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--IfrsConcessionsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWXybiKV1L4" title="Useful life">5 to <span id="xdx_90F_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--IfrsConcessionsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zAMhPcxwuHL9" title="Useful life">33 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Patents</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zeCzCBGs7Gg" title="Useful life">7 years</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Software</td> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZTt9bFS48L9" title="Useful life">5 years</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfReconciliationOfChangesInIntangibleAssetsAndGoodwillExplanatory_pn6n6_zjVy9PfysHX8" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Intangibles - (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> Schedule of movements in intangibles </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 27%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Goodwill</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Concessions</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Software</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Research and development projects</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Patents</td> <td style="width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zKoXzXKli498" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">3,263</td> <td id="xdx_98C_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zhecHWOtTR6i" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">7,689</td> <td id="xdx_98E_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zgmrLn2nfAI3" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">104</td> <td id="xdx_984_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zo9vTg3ZTQId" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">575</td> <td id="xdx_985_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zh9Na6Ejw679" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">–</td> <td id="xdx_980_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20240101__20241231_zzmifV7VeCMl" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">11,631</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zopVriOQPgKb" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">465</td> <td id="xdx_988_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2Kr3OGfUzNi" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">54</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20240101__20241231_zw7sjI07euq5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">519</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zSRj0OBVmxZ7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(10)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_ztyVPCtgMcul" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(5)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231_zNdHjLMeRevf" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(15)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zSJXEpRIMQZ4" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(270)</td> <td id="xdx_988_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zizEwfTsoUa8" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(54)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20240101__20241231_zfDtNeqlGEx7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(324)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Acquisition of Aliança Energia</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td id="xdx_980_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zEXNnaJY0VOg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers to held for sale">257</td> <td id="xdx_98A_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zJWADzM2xIdk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers to held for sale">824</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zLj7ACRdhXQ4" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers to held for sale">4</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--IntangibleAssetsAndGoodwillTransferToHeldForSale_pn6n6_c20240101__20241231_zZO0AJMebQIa" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">1,085</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zEiXZRDR3Brk" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(482)</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_z5HNJKvq4oW1" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,756)</td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z9poPwz7nMAf" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(20)</td> <td id="xdx_98D_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zmErl2mD8hFl" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(124)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20240101__20241231_zgGoNGhhpsYe" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(2,382)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zOmFxEfgP6Nb" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">3,038</td> <td id="xdx_980_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zMKYpLHPYPw7" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">6,942</td> <td id="xdx_989_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zEf2B91jZuS9" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">84</td> <td id="xdx_98B_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zQgQ5JIeXRZ7" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">450</td> <td style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231_zqcSv6A3ffU6" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">10,514</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zbweaxk37t8g" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">3,038</td> <td id="xdx_987_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zNDsBQwFc8yg" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">8,528</td> <td id="xdx_985_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zeApUJkmZwUk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">579</td> <td id="xdx_987_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zSwLM4H8mbj8" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">450</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z12j8PdsZMib" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">12,595</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated amortization</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--AccumulatedAmortization_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zH2niTdhTYR6" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(1,586)</td> <td id="xdx_984_ecustom--AccumulatedAmortization_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zqBd3DuEx014" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(495)</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--AccumulatedAmortization_pn6n6_c20240101__20241231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zsBMhRgOR8eb" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(2,081)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_983_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zBF0DTDhuLG1" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">3,038</td> <td id="xdx_98F_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_z4kDxPNHyTB6" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">6,942</td> <td id="xdx_98F_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z7bHI6m2FLJf" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">84</td> <td id="xdx_98A_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zkisrbH8ZMPj" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">450</td> <td style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--IntangibleAssetsAndGoodwill_iS_pn6n6_c20250101__20251231_zX3KjGAi97h7" style="border-bottom: teal 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at beginning of year">10,514</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zKQE0LYfV3l6" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">363</td> <td id="xdx_98C_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zcFHwJhYMJ0b" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">31</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--AdditionsOtherThanThroughBusinessCombinationsIntangibleAssetsOtherThanGoodwill_pn6n6_c20250101__20251231_zad6PGuloVA3" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions">394</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disposals</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zXmQ86i3D1d4" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(4)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--DisposalsIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231_zigVz2QhO74k" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disposals">(4)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Amortization</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zKgnXlmEDcv9" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(276)</td> <td id="xdx_987_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_znVR4Yf4MVS8" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(44)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zaJgyubGYoDl" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(17)</td> <td id="xdx_989_eifrs-full--AmortisationIntangibleAssetsOtherThanGoodwill_iN_pn6n6_di_c20250101__20251231_znW8LS7yM45f" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Amortization">(337)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Impairment</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12</td> <td id="xdx_981_eifrs-full--ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_z0ETQsNoWXFe" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Impairment">(1,852)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231_zkyNsJt3PWX2" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,852)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to held for sale (Energy Assets)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_980_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_z8N5HfLiCRdf" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(131)</td> <td id="xdx_989_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zM7U7fejYlH9" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(770)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zCkWafSK2Pjh" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--TransferToHeldForSaleOfIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231_zyqU156jZMTg" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(904)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfers (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--IntangibleAssetsAndGoodwillTransfer_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zmx0XgOew7jh" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfers">(445)</td> <td id="xdx_98A_ecustom--IntangibleAssetsAndGoodwillTransfer_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zYROmX9Juujg" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">445</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zhputKCPUkHh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">242</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zhjMpS3S1gk6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">836</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zVrjOEAr6YDl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">9</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_z1migLxWnekk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">55</td> <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesIntangibleAssetsAndGoodwill_pn6n6_c20250101__20251231_zCkCAKCjHFG6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">1,142</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_z1hll1TQR98c" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">1,297</td> <td id="xdx_987_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zSkEvGzoZ6hf" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">7,091</td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zq2l6Fu0QQU6" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">80</td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_znU8MsvKdON9" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2</td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zceYo8bWiwol" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">483</td> <td id="xdx_982_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231_zlEH8yluFFy3" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,953</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cost</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_980_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zgnHzAR17srb" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">1,297</td> <td id="xdx_986_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zImtxKSH6zWe" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">9,068</td> <td id="xdx_982_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zulfwpSxRfX1" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">663</td> <td id="xdx_98A_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zKxBgEPuHru7" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">2</td> <td id="xdx_98B_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_z46v6BXva6Wb" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Intangible assets and goodwill, cost">500</td> <td id="xdx_988_ecustom--IntangibleAssetsAndGoodwillCost_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--GrossCarryingAmountMember_z83n3VfFBDm2" style="border-bottom: #DADADA 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cost">11,530</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accumulated amortization</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zOrl2eXzKLvl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(1,977)</td> <td id="xdx_981_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_z2PuNhZSf1E6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(583)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zS0HXTH7NKne" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(17)</td> <td id="xdx_98B_ecustom--AccumulatedAmortization_pn6n6_c20250101__20251231__ifrs-full--CarryingAmountAccumulatedDepreciationAmortisationAndImpairmentAndGrossCarryingAmountAxis__ifrs-full--AccumulatedDepreciationAmortisationAndImpairmentMember_zRUzamw4rES8" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accumulated amortization">(2,577)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--GoodwillMember_zyYaVJpxiH0g" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">1,297</td> <td id="xdx_98A_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ConcessionMember_zFs6lUqzAQRe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">7,091</td> <td id="xdx_98E_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__ifrs-full--ComputerSoftwareMember_zI3SR1jyeb73" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">80</td> <td id="xdx_984_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zLdbsL36NQLl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">2</td> <td id="xdx_986_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsAndGoodwillAxis__custom--PatentMember_zHS5IqVToQjl" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">483</td> <td id="xdx_983_eifrs-full--IntangibleAssetsAndGoodwill_iE_pn6n6_c20250101__20251231_zXHYiDgRQMm3" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at end of year">8,953</td></tr> </table> (i) In October 2025, Vale changed the utilization plan for the technology arising from projects acquired through the acquisition of New Steel Global N.V. and, as a result, the carrying amount associated with these projects has been reclassified as "patent" and will be amortized over its legal protection period.

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<table cellpadding="0" cellspacing="0" id="xdx_88D_eifrs-full--DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory_zbYUOiamnVb5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Intangibles - (Details 1)"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 70%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; vertical-align: bottom; width: 30%; font-family: Times New Roman,serif"> </td></tr> <tr> <td colspan="2" style="border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_zpFjaHJs8554" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">Intangibles are carried at acquisition cost, net of accumulated amortization and impairment charges. The estimated useful lives are as follows:</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 0.25in; font-family: Times New Roman,serif; text-align: left; line-height: 120%">Schedule of estimated useful lives of intangibles</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 0.25in; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Useful life</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Railway concessions</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--IfrsConcessionsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWXybiKV1L4" title="Useful life">5 to <span id="xdx_90F_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--IfrsConcessionsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zAMhPcxwuHL9" title="Useful life">33 years</td></tr> <tr> <td style="border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Patents</td> <td style="border-right: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zeCzCBGs7Gg" title="Useful life">7 years</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Software</td> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZTt9bFS48L9" title="Useful life">5 years</td></tr> </table>

<p id="xdx_844_eifrs-full--DescriptionOfAccountingPolicyForIntangibleAssetsAndGoodwillExplanatory_zpFjaHJs8554" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0; text-align: justify; color: #555555">Intangibles are carried at acquisition cost, net of accumulated amortization and impairment charges. The estimated useful lives are as follows:Schedule of estimated useful lives of intangibles Useful lifeRailway concessions<span id="xdx_907_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--IfrsConcessionsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWXybiKV1L4" title="Useful life">5 to <span id="xdx_90F_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--IfrsConcessionsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zAMhPcxwuHL9" title="Useful life">33 yearsPatents<span id="xdx_903_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__custom--ResearchAndDevelopmentProjectAndPatentsMember_zeCzCBGs7Gg" title="Useful life">7 yearsSoftware<span id="xdx_908_eifrs-full--UsefulLifeMeasuredAsPeriodOfTimeIntangibleAssetsOtherThanGoodwill_dtY_c20250101__20251231__ifrs-full--ClassesOfIntangibleAssetsOtherThanGoodwillAxis__ifrs-full--ComputerSoftwareMember_zZTt9bFS48L9" title="Useful life">5 years

P5Y

P33Y

P7Y

P5Y

16. Railway concessions Liabilities related to the concession grants The Company’s integrated operations encompass the railway concessions of the Vitória a Minas Railroad (EFVM) and the Carajás Railroad (EFC). The EFVM railway connects the mines of the Southern System, located in the Quadrilátero Ferrífero region in the Brazilian state of Minas Gerais, to the Port of Tubarão in Vitória, Espírito Santo. The EFC railway links the mines of the Northern System in the Carajás region, in the state of Pará, to the Ponta da Madeira maritime terminal in São Luís, Maranhão. The liabilities related to these railway concessions are presented below: <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfRailwayConcessions_pn6n6_zwt1pRmAn6Gi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Railway concessions (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Schedule of liabilities related to the concession grant</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: left; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="6" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Consolidated</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Discount rate</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 18%; font-family: Times New Roman,serif"> </td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">Changes in estimates </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Monetary and present value adjustments</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Disbursements</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Translation adjustment</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Remaining term of obligations</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Payment obligation</td> <td id="xdx_984_ecustom--OtherProvision_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_z8wkrHKoVdyh" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, beginning">1,118</td> <td id="xdx_981_ecustom--ChangesInEstimates_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zcfalROeNC58" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes in estimates">33</td> <td id="xdx_987_ecustom--MonetaryAndPresentValueAdjustment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zqut75Z3jKud" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">106</td> <td id="xdx_986_ecustom--Disbursements_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zlD5Vs6PzCck" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(56)</td> <td id="xdx_980_ecustom--TranslationAdjustment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zEGxiMPl4bmk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">140</td> <td id="xdx_98A_ecustom--OtherProvision_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zkkD65oAIOV3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, ending">1,341</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z40SHb59N3Re" title="Discount rate in nominal terms">7.49% - <span id="xdx_90C_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zz1S5Z6ai8pa" title="Discount rate in nominal terms">11.04%</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z8SfjwhYwLW2" title="Discount rate in nominal terms">7.32% - <span id="xdx_903_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zM8ZHDEuQhab" title="Discount rate in nominal terms">11.04%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--RemainingTermOfObligations_dtY_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zm7wfdPMKgac" title="Remaining term of obligations">32 years</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Infrastructure investment</td> <td id="xdx_988_ecustom--OtherProvision_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zRm2Ap4pYw8a" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, beginning">1,236</td> <td id="xdx_98D_ecustom--ChangesInEstimates_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_z3jX8oFPdaRe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes in estimates">10</td> <td id="xdx_984_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zSqDBa9GtIQ5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates and new provisions">96</td> <td id="xdx_98A_ecustom--Disbursements_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zO2BKxmwBIje" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(443)</td> <td id="xdx_985_ecustom--TranslationAdjustment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zDXPGgxtGBhk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">154</td> <td id="xdx_98D_ecustom--OtherProvision_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_z12Mqd6O2paj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, ending">1,053</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zydANoVn3tdc" title="Discount rate in nominal terms">7.15% - <span id="xdx_90E_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zJyPxp3ZArei" title="Discount rate in nominal terms">9.10%</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zLdVhJUyLl9b" title="Discount rate in nominal terms">7.43% - <span id="xdx_908_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zlzOymqmaoue" title="Discount rate in nominal terms">8.12%</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--RemainingTermOfObligations_dtY_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zITDxUru0wWg" title="Remaining term of obligations">7 years</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98D_ecustom--OtherProvision_iS_pn6n6_c20250101__20251231_zediWWFWKQzi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, beginning">2,354</td> <td id="xdx_982_ecustom--ChangesInEstimates_pn6n6_c20250101__20251231_zFfLuu6ss9p9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes in estimates">43</td> <td id="xdx_98C_ecustom--MonetaryAndPresentValueAdjustment_pn6n6_c20250101__20251231_zPtmi6prHUY" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">202</td> <td id="xdx_981_ecustom--Disbursements_pn6n6_c20250101__20251231_zqjZGYmphOHh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(499)</td> <td id="xdx_982_ecustom--TranslationAdjustment_pn6n6_c20250101__20251231_zpV5Go3g6Jri" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">294</td> <td id="xdx_98D_ecustom--OtherProvision_iE_pn6n6_c20250101__20251231_z3EcZCLZOZX1" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, ending">2,394</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Current liabilities</td> <td id="xdx_988_ecustom--ShorttermMiscellaneousOtherProvision_iI_pn6n6_c20241231_zCBuVfEVz71" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">467</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_ecustom--ShorttermMiscellaneousOtherProvision_iI_pn6n6_c20251231_zjguhNDIdUvh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">570</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_981_ecustom--LongtermMiscellaneousOtherProvision_iI_pn6n6_c20241231_zxyXn9Tn2u31" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,887</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_ecustom--LongtermMiscellaneousOtherProvision_iI_pn6n6_c20251231_zps52Vuh5Qy" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,824</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td id="xdx_987_ecustom--OtherProvision_iI_pn6n6_c20241231_zIhoj0dA90V6" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">2,354</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_987_ecustom--OtherProvision_iI_pn6n6_c20251231_zRUo1Nenp6U7" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">2,394</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> </table> In December 2020, the Company entered into an agreement with the Federal Government to continue operating its concessions of the Estrada de Ferro Carajás (“EFC”) and Estrada de Ferro Vitória a Minas (“EFVM”) for thirty years more, extending the maturity date from 2027 to 2057. Later, in January 2024, responding to a request from the Ministry of Transportation, Vale, the National Land Transport Agency (“ANTT”), and the Brazilian Federal Government, resumed discussions on the general conditions for concession contracts and on December 30, 2024, the general basis for the renegotiation were agreed, aiming to promote the modernization and update of the existing contracts. This process was subject to evaluation and approval by the competent authorities, and its conformation would occur through a consensual solution discussed with the bodies involved at the Brazilian Federal Accounts Court. As part of these general bases, Vale would agree to a maximum global contribution of approximately US$1,809, for the EFC and EFVM’s asset base review, the optimization of contractual obligations and investments replanning. As a consequence of the new conditions of the general bases, the Company recognized, on December 31, 2024, an addition of US$256 in provision, which reflected the revised estimates regarding the amount of future disbursements required to fulfill the new contractual obligations of the railway concessions. Additionally, the liability was reduced by US$656 due to the advanced payment made by Vale, ahead of the previously planned cash flow. However, on August 28, 2025, within the context of the consensual solution conducted by the Brazilian Federal Accounts Court, the parties were unable to reach consensus within the established deadline. Despite ongoing discussions, the concession contracts remain in effect, the Company continues to comply with the established obligations, and remains committed to the general terms defined in the agreement signed on December 30, 2024. The Company believes its provisions remain sufficient to comply with the obligations related to the concessions; therefore, no revision was made in its balances. (a.i) Payment obligation The Company will make payments for the concession grants in quarterly installments through the concession period. This obligation is updated annually by the readjustment index for monetary exchange (IRT), which was 4.68% for the year 2025 (2024: 4.76%), resulting in an addition to the provision of US$38 for the year ended December 31,2025 (2024: US$25). The concession contract renewal requires the evaluation for confirmation of the railway assets by the ANTT. In addition, the ANTT may require, at their discretion, further investments on the concession network. Furthermore, there is a requirement for the Company to complete a minimum percentage of certain investments by 2027. In these circumstances, discussions will be required regarding the economic and financial rebalancing of the contracts, and if new investments are required or if there are delays in the delivery of investments with a fixed deadline, the carrying amount of grant payable may have a material impact in the future. (a.ii) Infrastructure investment Midwestern Integration Railroad ("FICO") - Construction of 363 km of FICO, between the municipalities of Mara Rosa, in Goiás, and Água Boa, in Mato Grosso. As of December 31, 2025, the Company has a provision in the amount of US$435 (2024: US$656). Infrastructure program - Comprises over 450 separate projects designed to improve safety and reduce trespass where the railways pass through urban areas, as well as technological and cultural development projects. The program will benefit 25 and 33 municipalities intercepted by EFC and EFVM, respectively. As of December 31, 2025, the Company has a provision in the amount of US$618 (2024: US$580). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Concessions – Railway concessions liabilities consist of the future payments discounted at present value associated with the fixed payments for the concession and the obligations related with investments in infrastructure. Grant payments are discounted using the regulatory weighted average cost of capital (“WACC”), which is the interest rate explicit in the concession agreement as determined by the ANTT, and payments related to other investment obligations are discounted at an incremental rate to reflect the time value of money, that is, a risk-free interest rate applicable to the economic environment in which the Company operates and with terms and conditions equivalent to the obligations assumed. The amounts payable in relation to the concession granted accounted for as intangible in accordance with the accounting policy, disclosed in note 15.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> The liabilities related to the concession grant may be affected by factors including, but not limited to: (i) amounts expected to be disbursed for constructing railways and infrastructure; (ii) costs associated with the acquisition of goods intended for the provision of public railway services; (iii) other miscellaneous obligations that complement the early extension of the railway concessions agreement; and (iv) updates in the discount rate. Thus, the amounts actually incurred by the Company may differ from the amounts currently provisioned, due to the confirmation of the assumptions used and which depend on several factors, some of which are not under the Company's control. These changes could result in a material impact on the amount of the provision in future periods. At each presentation date of its financial statements, the Company will reassess the main assumptions used in the preparation of projected cash flows and will adjust the provision, when applicable.</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfRailwayConcessions_pn6n6_zwt1pRmAn6Gi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Railway concessions (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Schedule of liabilities related to the concession grant</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: left; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="6" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Consolidated</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Discount rate</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 18%; font-family: Times New Roman,serif"> </td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">Changes in estimates </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Monetary and present value adjustments</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Disbursements</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Translation adjustment</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Remaining term of obligations</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Payment obligation</td> <td id="xdx_984_ecustom--OtherProvision_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_z8wkrHKoVdyh" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, beginning">1,118</td> <td id="xdx_981_ecustom--ChangesInEstimates_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zcfalROeNC58" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes in estimates">33</td> <td id="xdx_987_ecustom--MonetaryAndPresentValueAdjustment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zqut75Z3jKud" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">106</td> <td id="xdx_986_ecustom--Disbursements_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zlD5Vs6PzCck" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(56)</td> <td id="xdx_980_ecustom--TranslationAdjustment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zEGxiMPl4bmk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">140</td> <td id="xdx_98A_ecustom--OtherProvision_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zkkD65oAIOV3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, ending">1,341</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z40SHb59N3Re" title="Discount rate in nominal terms">7.49% - <span id="xdx_90C_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zz1S5Z6ai8pa" title="Discount rate in nominal terms">11.04%</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z8SfjwhYwLW2" title="Discount rate in nominal terms">7.32% - <span id="xdx_903_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zM8ZHDEuQhab" title="Discount rate in nominal terms">11.04%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--RemainingTermOfObligations_dtY_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--PaymentObligationMember_zm7wfdPMKgac" title="Remaining term of obligations">32 years</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Infrastructure investment</td> <td id="xdx_988_ecustom--OtherProvision_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zRm2Ap4pYw8a" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, beginning">1,236</td> <td id="xdx_98D_ecustom--ChangesInEstimates_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_z3jX8oFPdaRe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes in estimates">10</td> <td id="xdx_984_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zSqDBa9GtIQ5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates and new provisions">96</td> <td id="xdx_98A_ecustom--Disbursements_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zO2BKxmwBIje" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(443)</td> <td id="xdx_985_ecustom--TranslationAdjustment_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zDXPGgxtGBhk" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">154</td> <td id="xdx_98D_ecustom--OtherProvision_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_z12Mqd6O2paj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, ending">1,053</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zydANoVn3tdc" title="Discount rate in nominal terms">7.15% - <span id="xdx_90E_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zJyPxp3ZArei" title="Discount rate in nominal terms">9.10%</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zLdVhJUyLl9b" title="Discount rate in nominal terms">7.43% - <span id="xdx_908_eifrs-full--DescriptionOfDiscountRatesAppliedToCashFlowProjections_iI_pip0_dp_c20241231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zlzOymqmaoue" title="Discount rate in nominal terms">8.12%</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--RemainingTermOfObligations_dtY_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--InfrastructureInvestmentMember_zITDxUru0wWg" title="Remaining term of obligations">7 years</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98D_ecustom--OtherProvision_iS_pn6n6_c20250101__20251231_zediWWFWKQzi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, beginning">2,354</td> <td id="xdx_982_ecustom--ChangesInEstimates_pn6n6_c20250101__20251231_zFfLuu6ss9p9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes in estimates">43</td> <td id="xdx_98C_ecustom--MonetaryAndPresentValueAdjustment_pn6n6_c20250101__20251231_zPtmi6prHUY" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">202</td> <td id="xdx_981_ecustom--Disbursements_pn6n6_c20250101__20251231_zqjZGYmphOHh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(499)</td> <td id="xdx_982_ecustom--TranslationAdjustment_pn6n6_c20250101__20251231_zpV5Go3g6Jri" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">294</td> <td id="xdx_98D_ecustom--OtherProvision_iE_pn6n6_c20250101__20251231_z3EcZCLZOZX1" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other Provision, ending">2,394</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Current liabilities</td> <td id="xdx_988_ecustom--ShorttermMiscellaneousOtherProvision_iI_pn6n6_c20241231_zCBuVfEVz71" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">467</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_ecustom--ShorttermMiscellaneousOtherProvision_iI_pn6n6_c20251231_zjguhNDIdUvh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">570</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_981_ecustom--LongtermMiscellaneousOtherProvision_iI_pn6n6_c20241231_zxyXn9Tn2u31" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,887</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_ecustom--LongtermMiscellaneousOtherProvision_iI_pn6n6_c20251231_zps52Vuh5Qy" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,824</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td id="xdx_987_ecustom--OtherProvision_iI_pn6n6_c20241231_zIhoj0dA90V6" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">2,354</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_987_ecustom--OtherProvision_iI_pn6n6_c20251231_zRUo1Nenp6U7" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">2,394</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> </table> 1118000000 33000000 106000000 -56000000 140000000 1341000000

0.0749

0.1104

0.0732

0.1104

P32Y 1236000000 10000000 96000000 -443000000 154000000 1053000000

0.0715

0.0910

0.0743

0.0812

P7Y 2354000000 43000000 202000000 -499000000 294000000 2394000000 467000000 570000000 1887000000 1824000000 2354000000 2394000000 256000000 656000000 0.0468 0.0476 38000000 25000000 618000000 580000000

Concessions – Railway concessions liabilities consist of the future payments discounted at present value associated with the fixed payments for the concession and the obligations related with investments in infrastructure. Grant payments are discounted using the regulatory weighted average cost of capital (“WACC”), which is the interest rate explicit in the concession agreement as determined by the ANTT, and payments related to other investment obligations are discounted at an incremental rate to reflect the time value of money, that is, a risk-free interest rate applicable to the economic environment in which the Company operates and with terms and conditions equivalent to the obligations assumed. The amounts payable in relation to the concession granted accounted for as intangible in accordance with the accounting policy, disclosed in note 15. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> The liabilities related to the concession grant may be affected by factors including, but not limited to: (i) amounts expected to be disbursed for constructing railways and infrastructure; (ii) costs associated with the acquisition of goods intended for the provision of public railway services; (iii) other miscellaneous obligations that complement the early extension of the railway concessions agreement; and (iv) updates in the discount rate. Thus, the amounts actually incurred by the Company may differ from the amounts currently provisioned, due to the confirmation of the assumptions used and which depend on several factors, some of which are not under the Company's control. These changes could result in a material impact on the amount of the provision in future periods. At each presentation date of its financial statements, the Company will reassess the main assumptions used in the preparation of projected cash flows and will adjust the provision, when applicable.</td></tr> </table>

17. Climate-related financial information The Company integrates its climate strategy into its business through a comprehensive approach, based on systematic planning and execution, prioritizing risk management and the leveraging of opportunities, aligned with its purpose of leading value generation in mining in an ethical and sustainable manner. The announced investments and the Company’s strategy regarding decarbonization initiatives have been assessed in the context of critical accounting estimates and judgments. Future changes in this strategy or in the global scenario may affect the Company’s key estimates and may result in material impacts on the Company’s income statement and balances of assets and liabilities in future periods. The Company has voluntarily, in line with global best practices for climate governance, established the following climate-related targets: <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Reduce absolute Scope 1 and 2 emissions by 33% by 2030, compared to the 2017 baseline year.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Reduce net Scope 3 emissions by 15% by 2035, compared to the 2018 baseline year.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Achieve net-zero Scope 1 and 2 emissions by 2050.</td></tr></table> Vale assessed its decarbonization targets by analyzing the criteria for provision recognition according to IAS 37 – Provisions, Contingent Liabilities and Contingent Assets. There is no provision as of December 31, 2025, as none of the targets represent a present obligation for the Company. To support its decarbonization targets and foster economic development aligned with environmental preservation and business sustainability, the Company maintains an extensive portfolio of projects in both research and development and operational phases. These include the restructuring of its production system with a focus on direct reduction products and circular mining, the substitution of fossil energy raw materials with renewable or lower-emission sources, among others. These decarbonization projects have implementation timelines ranging from 1 to 30 years, consistent with the time horizons defined by Vale to support its strategic planning. The Company monitors and evaluates relevant uncertainties regarding the recoverability of these investments, such as technological, regulatory, and market risks, which may affect the expected economic performance of these assets. As of December 31, 2025, the Company did not identify material deviations or changes between budgeted and actual amounts for such projects. a) Participation in the carbon credit market For emissions within the Company’s value chain (Scope 3), the Company may use, in a limited manner, high-integrity carbon credits for potential offsetting of greenhouse gas emissions. Therefore, Vale operates as an end-user in the carbon credit market, aiming at the retirement of carbon credits to achieve its decarbonization target. As of December 31, 2025, the Company had a balance of US$<span id="xdx_90E_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20251231__custom--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__custom--CarbonCreditMarketMember_zukBHczwb0Jc" title="Property, plant and equipment">9 (2024: US$<span id="xdx_900_eifrs-full--PropertyPlantAndEquipment_iI_pn6n6_c20241231__custom--PropertyPlantAndEquipmentIncludingRightofuseAssetsAxis__custom--CarbonCreditMarketMember_z03sjk4j8Mb7" title="Property, plant and equipment">7) in advance for the acquisition of carbon credits, presented in the balance sheet as other assets. Carbon credits, once effectively received, will be recognized as intangible assets and measured at cost, in accordance with IAS 38 – Intangible Assets. b) Potential effects of climate-related risks and opportunities on the accounting estimates of assets’ recoverable amount The measurement of the recoverable amount of assets is subject to uncertainties, including potential impacts arising from climate-related risks and opportunities. Vale carried out a sensitivity analysis on the measurement of the recoverable amount of certain cash-generating units (“CGUs”), considering certain climate-related risks and opportunities, as presented below. In measuring the recoverable amount of its assets, Vale bases its cash flow projections on reasonable and supportable assumptions that represent the best estimate of the range of economic conditions underpinning the models used to determine the recoverable amount of the CGUs, as described in note 12. Therefore, the scenarios used in this sensitivity analysis are not considered by the Company to be its best estimates for determining the expected impacts of impairment losses. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top"> <td style="border: #3CB5E4 2.25pt solid; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt"> <img alt="" src="valedfifrs4q256k_013.jpg"/> Potential impacts of the opportunity associated with growing demand for nickel on the recoverable amount of the CGUs In 2025, Vale recognized impairment losses totaling US$3,578 million related to its nickel CGUs, including the allocated goodwill (note 12). Based on the models used to measure the recoverable amount of these CGUs, the Company sensitized the nickel price curve by considering an average increase of 11%, substantially in long-term prices, compared to the price curve used in the base models, reflecting the potential materialization of a scenario in which the pace and intensity of the energy transition are more favorable to nickel. As a result, the impairment losses recognized in 2025 would have been reduced by US$1,426 million. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top"> <td style="border: #3CB5E4 2.25pt solid; width: 100%; padding-right: 5.4pt; padding-left: 5.4pt"> <img alt="" src="valedfifrs4q256k_014.jpg"/> Potential impacts of the risk associated with regulations related to GHG emissions (RT1) on the recoverable amount of the Iron Ore Solutions operating segment The implementation of climate policies, including carbon pricing mechanisms, may affect the competitiveness of Vale’s products. Therefore, the speed and intensity of implementation of such regulations impact the prices and costs of products in the Iron Ore Solutions operating segment. Vale tested the recoverability of the goodwill allocated to the Iron Ore Solutions operating segment in 2025 and did not identify any impairment loss (note 12). Based on the models used to measure the recoverable amount of this operating segment, the Company included assumptions to sensitize a potential reduction in EBITDA due to the materialization of a climate-policy scenario that is less favorable to Vale’s product portfolio. As a result, the headroom of the recoverability test for the Iron Ore Solutions operating segment would be reduced. However, the recoverable amount of the operating segment would still exceed its carrying amount, including goodwill, and thus, no impairment would be recognized. </td></tr> </table> <img alt="" src="valedfifrs4q256k_015.jpg"/>

9000000

7000000

3578000000 0.11 1426000000

18. Financial results <table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfInterestIncomeExpenseExplanatory_pn6n6_z4HJqeFCOsk5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial results (Details)"> <tr> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial result</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_490_20250101__20251231_zFyZIXhc7y9h" style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20240101__20241231_zBTUDgE0yD6i" style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49C_20230101__20231231_zud9Obyqj6V2" style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_405_ecustom--FinancialIncomeAbstract_iB_zn9INtqsksM8"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial income</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_402_ecustom--ShortTermInvestmentsFinancialIncome_i01_pn6n6_maFIzbfu_zCoUcaU8R5A7"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Short-term investments</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">433</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">328</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">309</td></tr> <tr id="xdx_40A_eifrs-full--OtherFinanceIncome_i01_pn6n6_maFIzbfu_zQHT7i50yNQi"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">68</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">94</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">123</td></tr> <tr id="xdx_403_eifrs-full--FinanceIncome_i01T_pn6n6_mtFIzbfu_maFICzSto_z2e5TW95IwMc"> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total financial income </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">501</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">422</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">432</td></tr> <tr id="xdx_409_ecustom--FinancialExpensesAbstract_iB_z28PnV6IMhzc"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial expenses</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_40F_eifrs-full--InterestExpenseOnBorrowings_i01N_pn6n6_di_maFCzpqu_zmKfn72c6Mpi"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings interest </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(961)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(791)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(725)</td></tr> <tr id="xdx_402_ecustom--ExpensesFromBondsAndParticipativeShareholdersDebenturesPremiumRepurchase_i01N_pn6n6_di_maFCzpqu_z6HT9AOJBA2c"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses from bonds and participative shareholders debentures premium repurchase</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24 and 23(b)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(59)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(50)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(22)</td></tr> <tr id="xdx_401_ecustom--InterestOnSupplierFinanceArrangements_i01N_pn6n6_di_maFCzpqu_zXZoS1IWysil"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on working capital transactions</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7 and 9</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(209)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(181)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(233)</td></tr> <tr id="xdx_405_ecustom--InterestOnRefisFinancialExpenses_i01N_pn6n6_di_maFCzpqu_zFvba3fDqlIh"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on REFIS</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(87)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(91)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(148)</td></tr> <tr id="xdx_402_ecustom--TaxesOnFinancialIncome_i01N_pn6n6_di_maFCzpqu_zNdHMqfSOdc4"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Taxes on financial income</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(68)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(28)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(53)</td></tr> <tr id="xdx_407_ecustom--BankingExpenses_i01N_pn6n6_di_maFCzpqu_zPXwHFclPHAl"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Banking expenses</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(42)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(107)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(133)</td></tr> <tr id="xdx_407_eifrs-full--InterestExpenseOnLeaseLiabilities_i01N_pn6n6_di_maFCzpqu_zn9wkgcyUPb2"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on lease liabilities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(31)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(49)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(62)</td></tr> <tr id="xdx_406_eifrs-full--OtherFinanceCost_i01N_pn6n6_di_maFCzpqu_zsFh5MaKIrKg"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(190)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(176)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(83)</td></tr> <tr id="xdx_404_eifrs-full--FinanceCosts_i01NT_pn6n6_di_mtFCzpqu_msFICzSto_zaswwIWA8scd"> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total financial expenses </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,647)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,473)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,459)</td></tr> <tr id="xdx_40E_ecustom--OtherFinancialItemsAbstract_iB_z3tNEfDXlKl5"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial items, net’</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_400_eifrs-full--GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_i01_pn6n6_msOFIzPV7_zl8oODvfSOXj"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and indexation losses, net </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(802)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,388)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,643)</td></tr> <tr id="xdx_40F_ecustom--ParticipativeStockholdersDebentures_i01_pn6n6_msOFIzPV7_zHKUFGHbyvz1"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders' debentures </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(b)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(694)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(175)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(179)</td></tr> <tr id="xdx_405_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_i01_pn6n6_msOFIzPV7_z0n4qwnrXNjb"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments, net</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,616</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,209)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">903</td></tr> <tr id="xdx_403_ecustom--OtherFinancialItems_i01N_pn6n6_di_mtOFIzPV7_msFICzSto_zSSuauvGXwG1"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total other financial expenses </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">120</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,772)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(919)</td></tr> <tr id="xdx_408_eifrs-full--FinanceIncomeCost_pn6n6_mtFICzSto_zZVtz5a36Opj"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,026)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,823)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,946)</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zk1pGui7PJ94" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #555555">Transactions in foreign currencies are translated into the functional currency using the exchange rate effective on the date of the transaction. The foreign exchange gains and losses resulting from the translation at the exchange rates prevailing at the end of the year are recognized in the income statement as “financial income or expense”. The exceptions are transactions related to qualifying net investment hedges, cash flow hedge or items that are attributable to the net investment in a foreign operation, for which gains, and losses are recognized as a component of other comprehensive income. The accounting policies related to the other items of the financial result are shown in the notes, “30. Investments in subsidiaries, associates, and joint ventures”, “23.b. Participative shareholders’ debentures”, “21. Loans and borrowings” and “22. Leases”.</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_890_eifrs-full--DisclosureOfInterestIncomeExpenseExplanatory_pn6n6_z4HJqeFCOsk5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial results (Details)"> <tr> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial result</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_490_20250101__20251231_zFyZIXhc7y9h" style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20240101__20241231_zBTUDgE0yD6i" style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49C_20230101__20231231_zud9Obyqj6V2" style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_405_ecustom--FinancialIncomeAbstract_iB_zn9INtqsksM8"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial income</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_402_ecustom--ShortTermInvestmentsFinancialIncome_i01_pn6n6_maFIzbfu_zCoUcaU8R5A7"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Short-term investments</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">433</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">328</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">309</td></tr> <tr id="xdx_40A_eifrs-full--OtherFinanceIncome_i01_pn6n6_maFIzbfu_zQHT7i50yNQi"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">68</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">94</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">123</td></tr> <tr id="xdx_403_eifrs-full--FinanceIncome_i01T_pn6n6_mtFIzbfu_maFICzSto_z2e5TW95IwMc"> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total financial income </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">501</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">422</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">432</td></tr> <tr id="xdx_409_ecustom--FinancialExpensesAbstract_iB_z28PnV6IMhzc"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial expenses</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_40F_eifrs-full--InterestExpenseOnBorrowings_i01N_pn6n6_di_maFCzpqu_zmKfn72c6Mpi"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings interest </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(961)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(791)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(725)</td></tr> <tr id="xdx_402_ecustom--ExpensesFromBondsAndParticipativeShareholdersDebenturesPremiumRepurchase_i01N_pn6n6_di_maFCzpqu_z6HT9AOJBA2c"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses from bonds and participative shareholders debentures premium repurchase</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">24 and 23(b)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(59)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(50)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(22)</td></tr> <tr id="xdx_401_ecustom--InterestOnSupplierFinanceArrangements_i01N_pn6n6_di_maFCzpqu_zXZoS1IWysil"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on working capital transactions</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7 and 9</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(209)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(181)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(233)</td></tr> <tr id="xdx_405_ecustom--InterestOnRefisFinancialExpenses_i01N_pn6n6_di_maFCzpqu_zFvba3fDqlIh"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on REFIS</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(87)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(91)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(148)</td></tr> <tr id="xdx_402_ecustom--TaxesOnFinancialIncome_i01N_pn6n6_di_maFCzpqu_zNdHMqfSOdc4"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Taxes on financial income</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(68)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(28)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(53)</td></tr> <tr id="xdx_407_ecustom--BankingExpenses_i01N_pn6n6_di_maFCzpqu_zPXwHFclPHAl"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Banking expenses</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(42)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(107)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(133)</td></tr> <tr id="xdx_407_eifrs-full--InterestExpenseOnLeaseLiabilities_i01N_pn6n6_di_maFCzpqu_zn9wkgcyUPb2"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest on lease liabilities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(31)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(49)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(62)</td></tr> <tr id="xdx_406_eifrs-full--OtherFinanceCost_i01N_pn6n6_di_maFCzpqu_zsFh5MaKIrKg"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(190)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(176)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(83)</td></tr> <tr id="xdx_404_eifrs-full--FinanceCosts_i01NT_pn6n6_di_mtFCzpqu_msFICzSto_zaswwIWA8scd"> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total financial expenses </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,647)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,473)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,459)</td></tr> <tr id="xdx_40E_ecustom--OtherFinancialItemsAbstract_iB_z3tNEfDXlKl5"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial items, net’</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_400_eifrs-full--GainsLossesOnExchangeDifferencesOnTranslationRecognisedInProfitOrLoss_i01_pn6n6_msOFIzPV7_zl8oODvfSOXj"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and indexation losses, net </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(802)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,388)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,643)</td></tr> <tr id="xdx_40F_ecustom--ParticipativeStockholdersDebentures_i01_pn6n6_msOFIzPV7_zHKUFGHbyvz1"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders' debentures </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(b)</td> <td style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(694)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(175)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(179)</td></tr> <tr id="xdx_405_eifrs-full--GainsLossesOnChangeInFairValueOfDerivatives_i01_pn6n6_msOFIzPV7_z0n4qwnrXNjb"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments, net</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,616</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,209)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">903</td></tr> <tr id="xdx_403_ecustom--OtherFinancialItems_i01N_pn6n6_di_mtOFIzPV7_msFICzSto_zSSuauvGXwG1"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total other financial expenses </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">120</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2,772)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(919)</td></tr> <tr id="xdx_408_eifrs-full--FinanceIncomeCost_pn6n6_mtFICzSto_zZVtz5a36Opj"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,026)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,823)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(1,946)</td></tr> </table>

433000000 328000000 309000000

68000000

94000000

123000000

501000000

422000000

432000000

961000000

791000000

725000000

59000000 50000000 22000000 209000000 181000000 233000000 87000000 91000000 148000000 68000000 28000000 53000000 42000000 107000000 133000000

31000000

49000000

62000000

190000000

176000000

83000000

1647000000

1473000000

1459000000

-802000000

-1388000000

-1643000000

-694000000 -175000000 -179000000

1616000000

-1209000000

903000000

-120000000 2772000000 919000000

-1026000000

-3823000000

-1946000000

<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory_zk1pGui7PJ94" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #555555">Transactions in foreign currencies are translated into the functional currency using the exchange rate effective on the date of the transaction. The foreign exchange gains and losses resulting from the translation at the exchange rates prevailing at the end of the year are recognized in the income statement as “financial income or expense”. The exceptions are transactions related to qualifying net investment hedges, cash flow hedge or items that are attributable to the net investment in a foreign operation, for which gains, and losses are recognized as a component of other comprehensive income. The accounting policies related to the other items of the financial result are shown in the notes, “30. Investments in subsidiaries, associates, and joint ventures”, “23.b. Participative shareholders’ debentures”, “21. Loans and borrowings” and “22. Leases”.

19. Financial assets and liabilities <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 10pt; color: #007E7A"><tr style="vertical-align: top"> <td style="width: 0"></td><td style="width: 17.05pt">a)</td><td>Classification</td></tr></table> The Company classifies its financial instruments in accordance with the purpose for which they were acquired, and determines the classification and initial recognition according to the following categories: <table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn6n6_zHFYeZ7D9Cie" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial assets and liabilities (Details)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial instruments classification based on its recognition</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; width: 29%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notes</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Amortized cost</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through OCI</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through profit or loss</td> <td style="border-bottom: #007E7A 1pt solid; width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Amortized cost</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through OCI</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through profit or loss</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_985_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zQxz0KT2Afqi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,372</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zWRNrSTFTn0f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,372</td> <td id="xdx_981_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_z6rKIkmHCGF9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">4,953</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zsXzdC6OhA3h" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">4,953</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Short-term investments (ii)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zoiehJiiU0nd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">194</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_z3078AQUKbBg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">194</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zMqnRgam9vQ8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td> <td id="xdx_986_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zSvPq26dEygl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zQ6nuBtSdtLi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">414</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_z05uAaZdyvgf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">414</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_znfX7ePID0Fb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td> <td id="xdx_98F_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zbUXpCJqDcF4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z2wR0g9F2Sfl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">161</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zm18N17YA4S" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,136</td> <td id="xdx_988_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z9QeIskRXIYd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,297</td> <td id="xdx_983_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zoEGWkFMFYzd" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">374</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z26yPvkAgnU5" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">1,984</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zuETj1NXlvM" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,358</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zxo4SU7thou4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,533</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zqsOXGflBZt6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,744</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231_zk2OtcGuef0i" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">10,277</td> <td id="xdx_988_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zuiQQ7YdWWCl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">5,327</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_ztW3iTXT7Oll" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,090</td> <td id="xdx_980_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231_zV32rXmgss8d" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,417</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Judicial deposits</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">27(c)</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_z6sfKGdD1wdb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">651</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zbVzcmeR8nf8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">651</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zRtY2zdZu8Ib" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">537</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zICF4SsDrSH8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">537</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Restricted cash</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zjdWfYk04pH9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">9</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zN18F4WsCBBh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">9</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zU0VAYmoVk6g" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">13</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_z5R6FYBkJDm8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">13</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zmLkUjO2CSzc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">203</td> <td id="xdx_987_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zoahepJQgkh3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">203</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zt7Jicv4JdR1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">15</td> <td id="xdx_983_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zgrOsL41wpH8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">15</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zyUXBjk5rOxe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zPMAGetRfAdi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zN3KKDADz1Vf" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">54</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zXgVfsbnsQg1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">54</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z411Wu2gl395" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">660</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_zZukfK46EkBb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">63</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zeJDgrtFKH83" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">203</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231_zseNnzEAWcje" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">926</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zMGVqKhDbvIc" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">550</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_ztAW4hGvIrZa" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">54</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zkHZ4rc9bFU9" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">15</td> <td id="xdx_988_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231_zTUc6SEOzQf1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">619</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total of financial assets</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_986_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zbJjKFmTGVDb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">8,193</td> <td id="xdx_989_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_zxX3gvZC8tsj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">63</td> <td id="xdx_98E_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zIGerp04NvQe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">2,947</td> <td id="xdx_98D_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231_ziYiy1l0HHcl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">11,203</td> <td id="xdx_988_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zTTLP64zZT76" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">5,877</td> <td id="xdx_981_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_z3QsrPrz2ENh" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">54</td> <td id="xdx_989_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zHDhSqVrVWS1" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">2,105</td> <td id="xdx_983_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231_zhmXRWIP3gW7" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">8,036</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial liabilities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Suppliers and other payables</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_zgPovCIMROK4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">5,565</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_zFk4ENzFtkT5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">5,565</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_z4jHpcGsn8a1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4,234</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_zHfn7n8XJSG6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4,234</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zaZVofjUYTJ6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">94</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zjNX3080P8h6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">94</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zV0fsLqtcf94" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">197</td> <td id="xdx_988_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zFgLtJVtODYf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">197</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21</td> <td id="xdx_98F_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zdk8z9QFfvPa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">518</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zSCzm9LLdPu2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">518</td> <td id="xdx_98C_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_z4fYqwEEKKmb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">1,020</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zW7Pg4Oxt4X5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">1,020</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Leases</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td id="xdx_987_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_zISjiYrKZSp8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">160</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_znhrIOSFbYYk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">160</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_znAU9H47ydRe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">147</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_z96HLoWBMTme" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">147</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinate notes</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(a)</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zT8f1plFzDie" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98B_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zw429Fk5bhsc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Railway concession</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">16</td> <td id="xdx_987_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zwg1yOpHN9D7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">570</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zlKn7Zwzimv5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">570</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zVz13QWpBiPb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">467</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zxqAVaka1lD" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">467</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities - Related parties </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_zkxOpbGR3PWl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">235</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_za3WYOYWxx71" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">235</td> <td id="xdx_985_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_zpVu6afB4RC2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">291</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_zS6izf5FVXa6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">291</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_ztk85Ip9AA9b" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">322</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zQDoODAMmH41" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">322</td> <td id="xdx_980_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zhYD9q4jxcOh" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">588</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zYd5SFiC9fHf" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">588</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_983_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z7UaE1K27cef" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">7,374</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zbWoMv52wfoc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">94</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231_z83UgQ58Bmri" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">7,468</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zz5VUClOdJki" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">6,747</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zPMHHf4BzX7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">197</td> <td id="xdx_982_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231_zuC8bNHmAZt8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">6,944</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zBBOHs2o3sYa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">52</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zVKLBuRAnNY9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">52</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zqFsRGkkDmZe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">428</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zdaLeYmAZSP" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">428</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zCwglD6US55f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">17,616</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zWqdHWoQcQNe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">17,616</td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zFHHG9MJfiyd" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">13,772</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zWdBZwf18uR5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">13,772</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Leases</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_zE3vNZW8GcL3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">508</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_zGtqIhlCaT85" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">508</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_z0IqGJDTp09g" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">566</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_z8qh4uGhHnoc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">566</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinate notes</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(a)</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zkT1m0cAXgt2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">741</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zlIc9Y1PbL3h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">741</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders' debentures </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(b)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zPMDQmAyyoL2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,254</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zxpnczJEpYr6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,254</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zGO1jmHqkuCh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,217</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zcuvBQLCuhRg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,217</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Railway concession</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">16</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_zTz6OtEdDGmf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,824</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_zLFbSG0HGHG3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,824</td> <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_z0sWpzZXzZS5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,887</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_zBfA92JlmZc4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,887</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zdEf0V2oLg2j" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">32</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zTOxrS9tn0Wb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">32</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zKPaW45dmTE8" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">20,689</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zuybusuU253e" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,306</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231_zoiKsUw1nE1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">22,995</td> <td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z1vdJd3464l1" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">16,257</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zDuBhLcAoJHb" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,645</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231_zFnlPml3MoI2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">18,902</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total of financial liabilities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z64EZv2GRQNd" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">28,063</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zqgeZoiCZI8b" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,400</td> <td id="xdx_987_eifrs-full--FinancialLiabilities_iI_pn6n6_c20251231_z15zB5bI0Zk1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">30,463</td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zbbgAqtoOnQk" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">23,004</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zPsQG03CDYmb" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,842</td> <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn6n6_c20241231_zKlJLa5LImVa" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">25,846</td></tr> </table> (i) Includes US$2,531 (2024: US$1,709) denominated in R$, US$4,612 (2024: US$3,048) denominated in US$ and US$229 (2024: US$196) denominated in other currencies. (ii) It substantially comprises investments in debt securities and investments in exclusive investment funds, whose portfolio is composed of repo operations and bank certificates of deposit ("CDBs"). b) Hierarchy of fair value <table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfFairValueOfFinancialInstrumentsExplanatory_pn6n6_zZqfoZ9J13Fj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial assets and liabilities (Details 1)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of assets and liabilities measured and recognized at fair value</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="width: 39%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 5%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notes</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 1 </td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 1</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial assets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Short-term investments</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zDj6H6xSnvec" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">33</td> <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zNv4ZIOKGwTj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">161</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zG7SVpoASFw2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">194</td> <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zMU3Zqz3iK58" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_z6weEqFpnCf1" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zV0l14MyNTuc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">617</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_ztGLUGoh8Wt9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">617</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zYF4nXGqqDRi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">68</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_z1Yl9ViE1SX7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">68</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zGyT6XQx8WHg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,136</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zr9sSZibneK9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,136</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zi7oLo72Wcgk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">1,984</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z82HcuBDa9yj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">1,984</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zNhoLyoU0wvf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zp6TYjbuhlvc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zAuBHyakwAo8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">54</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zyQvdZrzFtph" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">54</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zMNtcTjYIOr5" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">33</td> <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zXYOt5wP42ei" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,977</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231_zCezvX3qKPCb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">3,010</td> <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zSoQKtc8myS3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td> <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zPRkx69Y9sIb" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,106</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231_zcVxVd8nJi62" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,159</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial liabilities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zt3dE1r9VsY2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">146</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zC3FceM4hApj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">146</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_98A_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zPDTlElj44Y" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">625</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_982_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zbailAYkNrX3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">625</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders' debentures </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">23(b)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_z3sNgcgoKhr5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,254</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zhG73jRsZlWe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,254</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zjh8OGHHRpq8" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,217</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_986_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zjhSU5c53gn" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,217</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_982_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zf5z5WdB4XF6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,400</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231_zHc4WAr05qK7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,400</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_980_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zXmR0LiC0OV1" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,842</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_985_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231_zWWXNfLikub9" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,842</td></tr> </table> There were no transfers between levels 1, 2 and 3 of the fair value hierarchy during the period presented. c) Fair value of loans, borrowings and subordinated notes Loans. borrowings and subordinated notes are measured at amortized cost. To determine the fair value of these financial instruments traded in secondary markets, the closing market quotations on the balance sheet dates were used. The carrying amount of the other financial liabilities measured at amortized cost represents a reasonable approximation of their respective fair value. <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfFairValuesAndCarryingAmountsOfNonCurrentLiabilitiesTextBlock_pn6n6_zEozzI7tvKQj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial assets and liabilities (Details 2)"> <tr> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Schedule of fair value and carrying amounts of loans and financing</td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; background-color: #007E7A; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> </tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: bottom; width: 56%; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Carrying amount</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Carrying amount</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> </tr> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Bonds</td> <td id="xdx_98C_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_z4tCjDrg5pFg" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">7,683</td> <td id="xdx_980_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zYV9Adu9fbng" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">8,034</td> <td id="xdx_980_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_z1QMr48ZS9Jk" style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">7,267</td> <td id="xdx_988_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zr0T3S7Sspqj" style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">7,245</td> </tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Debentures</td> <td id="xdx_980_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zX5bXvNHRQH7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">2,370</td> <td id="xdx_981_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zDKYsll7jsR" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">2,351</td> <td id="xdx_988_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zPHVKXEQ8fB6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">1,272</td> <td id="xdx_985_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zJGdJxsoRGWe" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">1,275</td> </tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total loans and borrowings</td> <td id="xdx_983_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zEfOEKGUIkPe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">10,053</td> <td id="xdx_983_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zw9Sk5NQZMCh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">10,385</td> <td id="xdx_986_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zzHKN7IWUOi6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">8,539</td> <td id="xdx_98F_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zdkfnU6qd8J8" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">8,520</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> </tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinated notes</td> <td id="xdx_982_eifrs-full--Borrowings_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SubordinatedNotesMember__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_ziGgMttyqPX" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">745</td> <td id="xdx_982_eifrs-full--Borrowings_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SubordinatedNotesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zZjq5NirFZ61" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">748</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> </tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom"> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Classification and measurement - The Company classifies financial instruments based on its business model for managing the assets and the contractual cash flow characteristics of those assets. The business model test determines the classification based on the business purpose for holding the asset and whether the contractual cash flows represent only payments of principal and interest. Financial instruments are measured at fair value through profit or loss (“FVTPL”) unless certain conditions are met that permit measurement at fair value through other comprehensive income (“FVOCI”) or amortized cost. Gains and losses recorded in other comprehensive income for debt instruments are recognized in profit or loss only on disposal. Investments in equity instruments are measured at FVTPL unless they are eligible to be measured at FVOCI, whose gains and losses are never recycled to profit or loss. All financial liabilities are initially measured at fair value, net of transaction costs incurred and are subsequently carried at amortized cost and updated using the effective interest rate method. Excepts for Participative shareholders’ debentures and Derivative financial instruments that are measured at FVTPL. Fair value hierarchy - The Company classifies financial instruments within the fair value hierarchy as: Level 1: The fair value of financial instruments traded in active markets (e.g. derivatives and publicly traded shares) is based on quoted market prices at the end of the financial statements period. Level 2: The fair value of financial instruments that are not traded in an active market (e.g. over the counter derivatives) is determined using valuation techniques that maximize the use of observable market data. If all significant data required for the fair value of an instrument are observable, the instrument is included in level 2. Level 3: If one or more of the significant data are not based on observable market data, the instrument is included in level 3. The fair value of derivatives classified as level 3 is estimated using discounted cash flows and option valuation models with unobservable inputs of discount rates, stock prices and commodity prices. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfDetailedInformationAboutFinancialInstrumentsExplanatory_pn6n6_zHFYeZ7D9Cie" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial assets and liabilities (Details)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial instruments classification based on its recognition</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; width: 29%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notes</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Amortized cost</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through OCI</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through profit or loss</td> <td style="border-bottom: #007E7A 1pt solid; width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Amortized cost</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through OCI</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">At fair value through profit or loss</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_985_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zQxz0KT2Afqi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,372</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zWRNrSTFTn0f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,372</td> <td id="xdx_981_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_z6rKIkmHCGF9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">4,953</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zsXzdC6OhA3h" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">4,953</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Short-term investments (ii)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zoiehJiiU0nd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">194</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_z3078AQUKbBg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">194</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zMqnRgam9vQ8" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td> <td id="xdx_986_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zSvPq26dEygl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zQ6nuBtSdtLi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">414</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_z05uAaZdyvgf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">414</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_znfX7ePID0Fb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td> <td id="xdx_98F_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zbUXpCJqDcF4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">53</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7</td> <td id="xdx_987_eifrs-full--CurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z2wR0g9F2Sfl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">161</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zm18N17YA4S" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,136</td> <td id="xdx_988_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z9QeIskRXIYd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,297</td> <td id="xdx_983_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zoEGWkFMFYzd" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">374</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z26yPvkAgnU5" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">1,984</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zuETj1NXlvM" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,358</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zxo4SU7thou4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,533</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zqsOXGflBZt6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,744</td> <td id="xdx_98E_eifrs-full--CurrentFinancialAssets_pn6n6_c20251231_zk2OtcGuef0i" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">10,277</td> <td id="xdx_988_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zuiQQ7YdWWCl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">5,327</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_ztW3iTXT7Oll" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">2,090</td> <td id="xdx_980_eifrs-full--CurrentFinancialAssets_pn6n6_c20241231_zV32rXmgss8d" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total current financial assets">7,417</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Judicial deposits</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">27(c)</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_z6sfKGdD1wdb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">651</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zbVzcmeR8nf8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">651</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zRtY2zdZu8Ib" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">537</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zICF4SsDrSH8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">537</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Restricted cash</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zjdWfYk04pH9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">9</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zN18F4WsCBBh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">9</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zU0VAYmoVk6g" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">13</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_z5R6FYBkJDm8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">13</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zmLkUjO2CSzc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">203</td> <td id="xdx_987_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zoahepJQgkh3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">203</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zt7Jicv4JdR1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">15</td> <td id="xdx_983_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--DerivativeFinancialAssetsMember_zgrOsL41wpH8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">15</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zyUXBjk5rOxe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zPMAGetRfAdi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zN3KKDADz1Vf" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">54</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zXgVfsbnsQg1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">54</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialAssets_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z411Wu2gl395" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">660</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_zZukfK46EkBb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">63</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zeJDgrtFKH83" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">203</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20251231_zseNnzEAWcje" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">926</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zMGVqKhDbvIc" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">550</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_ztAW4hGvIrZa" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">54</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zkHZ4rc9bFU9" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">15</td> <td id="xdx_988_eifrs-full--NoncurrentFinancialAssets_iI_pn6n6_c20241231_zTUc6SEOzQf1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">619</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total of financial assets</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_986_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zbJjKFmTGVDb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">8,193</td> <td id="xdx_989_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_zxX3gvZC8tsj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">63</td> <td id="xdx_98E_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zIGerp04NvQe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total non-current financial assets">2,947</td> <td id="xdx_98D_ecustom--TotalFinancialAssets_iI_pn6n6_c20251231_ziYiy1l0HHcl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">11,203</td> <td id="xdx_988_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zTTLP64zZT76" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">5,877</td> <td id="xdx_981_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncomeCategoryMember_z3QsrPrz2ENh" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">54</td> <td id="xdx_989_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__ifrs-full--FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember_zHDhSqVrVWS1" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">2,105</td> <td id="xdx_983_ecustom--TotalFinancialAssets_iI_pn6n6_c20241231_zhmXRWIP3gW7" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total financial assets">8,036</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial liabilities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Suppliers and other payables</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_zgPovCIMROK4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">5,565</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_zFk4ENzFtkT5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">5,565</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_z4jHpcGsn8a1" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4,234</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SuppliersAndContractorsCurrentMember_zHfn7n8XJSG6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4,234</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zaZVofjUYTJ6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">94</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zjNX3080P8h6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">94</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zV0fsLqtcf94" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">197</td> <td id="xdx_988_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zFgLtJVtODYf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">197</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21</td> <td id="xdx_98F_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zdk8z9QFfvPa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">518</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zSCzm9LLdPu2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">518</td> <td id="xdx_98C_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_z4fYqwEEKKmb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">1,020</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zW7Pg4Oxt4X5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">1,020</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Leases</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td id="xdx_987_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_zISjiYrKZSp8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">160</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_znhrIOSFbYYk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">160</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_znAU9H47ydRe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">147</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_z96HLoWBMTme" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">147</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinate notes</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(a)</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zT8f1plFzDie" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98B_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zw429Fk5bhsc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">4</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Railway concession</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">16</td> <td id="xdx_987_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zwg1yOpHN9D7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">570</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zlKn7Zwzimv5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">570</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zVz13QWpBiPb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">467</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RailwayConcessionMember_zxqAVaka1lD" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">467</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities - Related parties </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33</td> <td id="xdx_98E_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_zkxOpbGR3PWl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">235</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_za3WYOYWxx71" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">235</td> <td id="xdx_985_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_zpVu6afB4RC2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">291</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesRelatedPartiesMember_zS6izf5FVXa6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">291</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_ztk85Ip9AA9b" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">322</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zQDoODAMmH41" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">322</td> <td id="xdx_980_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zhYD9q4jxcOh" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">588</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zYd5SFiC9fHf" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">588</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_983_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z7UaE1K27cef" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">7,374</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zbWoMv52wfoc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">94</td> <td id="xdx_984_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20251231_z83UgQ58Bmri" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">7,468</td> <td id="xdx_981_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zz5VUClOdJki" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">6,747</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zPMHHf4BzX7" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">197</td> <td id="xdx_982_eifrs-full--CurrentFinancialLiabilities_iI_pn6n6_c20241231_zuC8bNHmAZt8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current financial liabilities">6,944</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zBBOHs2o3sYa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">52</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zVKLBuRAnNY9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">52</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zqFsRGkkDmZe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">428</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zdaLeYmAZSP" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">428</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zCwglD6US55f" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">17,616</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zWqdHWoQcQNe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">17,616</td> <td id="xdx_98A_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zFHHG9MJfiyd" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">13,772</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LoansAndBorrowingsCurrentMember_zWdBZwf18uR5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">13,772</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Leases</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td id="xdx_983_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_zE3vNZW8GcL3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">508</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_zGtqIhlCaT85" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">508</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_z0IqGJDTp09g" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">566</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--LeasesMember_z8qh4uGhHnoc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">566</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinate notes</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(a)</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zkT1m0cAXgt2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">741</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--SubordinateNotesMember_zlIc9Y1PbL3h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">741</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders' debentures </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(b)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zPMDQmAyyoL2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,254</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zxpnczJEpYr6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,254</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zGO1jmHqkuCh" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,217</td> <td id="xdx_982_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zcuvBQLCuhRg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,217</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Railway concession</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">16</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_zTz6OtEdDGmf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,824</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_zLFbSG0HGHG3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,824</td> <td id="xdx_987_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_z0sWpzZXzZS5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,887</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--GovernmentGrantMember_zBfA92JlmZc4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">1,887</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zdEf0V2oLg2j" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">32</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--OtherFinancialLiabilitiesMember_zTOxrS9tn0Wb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">32</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zKPaW45dmTE8" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">20,689</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zuybusuU253e" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,306</td> <td id="xdx_98F_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20251231_zoiKsUw1nE1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">22,995</td> <td id="xdx_98D_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z1vdJd3464l1" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">16,257</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zDuBhLcAoJHb" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">2,645</td> <td id="xdx_986_eifrs-full--NoncurrentFinancialLiabilities_iI_pn6n6_c20241231_zFnlPml3MoI2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current financial liabilities">18,902</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total of financial liabilities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_z64EZv2GRQNd" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">28,063</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--FinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zqgeZoiCZI8b" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,400</td> <td id="xdx_987_eifrs-full--FinancialLiabilities_iI_pn6n6_c20251231_z15zB5bI0Zk1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">30,463</td> <td id="xdx_98F_eifrs-full--FinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--LoansAndReceivablesOrAmortizedCostMember_zbbgAqtoOnQk" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">23,004</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--CategoriesOfFinancialAssetsAxis__custom--FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMembeMember_zPsQG03CDYmb" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,842</td> <td id="xdx_98D_eifrs-full--FinancialLiabilities_iI_pn6n6_c20241231_zKlJLa5LImVa" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">25,846</td></tr> </table> (i) Includes US$2,531 (2024: US$1,709) denominated in R$, US$4,612 (2024: US$3,048) denominated in US$ and US$229 (2024: US$196) denominated in other currencies. (ii) It substantially comprises investments in debt securities and investments in exclusive investment funds, whose portfolio is composed of repo operations and bank certificates of deposit ("CDBs").

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<table cellpadding="0" cellspacing="0" id="xdx_898_eifrs-full--DisclosureOfFairValueOfFinancialInstrumentsExplanatory_pn6n6_zZqfoZ9J13Fj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial assets and liabilities (Details 1)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of assets and liabilities measured and recognized at fair value</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="4" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="width: 39%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 5%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notes</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 1 </td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 1</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Total</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial assets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Short-term investments</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zDj6H6xSnvec" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">33</td> <td id="xdx_980_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zNv4ZIOKGwTj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">161</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zG7SVpoASFw2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">194</td> <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_zMU3Zqz3iK58" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortsTermInvestmentsMember_z6weEqFpnCf1" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zV0l14MyNTuc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">617</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_ztGLUGoh8Wt9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">617</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zYF4nXGqqDRi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">68</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_z1Yl9ViE1SX7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">68</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accounts receivable </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zGyT6XQx8WHg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,136</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_zr9sSZibneK9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,136</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zi7oLo72Wcgk" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">1,984</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--AccountsReceivableCurrentMember_z82HcuBDa9yj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">1,984</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zNhoLyoU0wvf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zp6TYjbuhlvc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">63</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zAuBHyakwAo8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">54</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zyQvdZrzFtph" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">54</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_982_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zMNtcTjYIOr5" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">33</td> <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zXYOt5wP42ei" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,977</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20251231_zCezvX3qKPCb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">3,010</td> <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zSoQKtc8myS3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td> <td id="xdx_986_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zPRkx69Y9sIb" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,106</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--FinancialAssetsAtFairValue_iI_pn6n6_c20241231_zcVxVd8nJi62" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">2,159</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Financial liabilities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">20</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zt3dE1r9VsY2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">146</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zC3FceM4hApj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">146</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_98A_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zPDTlElj44Y" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">625</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_982_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__ifrs-full--DerivativesMember_zbailAYkNrX3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">625</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders' debentures </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">23(b)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_z3sNgcgoKhr5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,254</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zhG73jRsZlWe" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial liabilities">2,254</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_98D_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zjh8OGHHRpq8" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,217</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_986_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialLiabilitiesAxis__custom--ParticipativeStockholdersDebenturesNoncurrentMember_zjhSU5c53gn" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,217</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_982_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zf5z5WdB4XF6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,400</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_988_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20251231_zHc4WAr05qK7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,400</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_980_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zXmR0LiC0OV1" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,842</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td id="xdx_985_eifrs-full--FinancialLiabilitiesAtFairValue_iI_pn6n6_c20241231_zWWXNfLikub9" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right" title="Financial liabilities">2,842</td></tr> </table>

33000000

161000000

194000000

53000000

617000000

68000000

2136000000

1984000000

63000000

54000000

33000000

2977000000

3010000000

53000000

2106000000

2159000000

146000000

625000000

2254000000

2217000000

2400000000

2842000000

<table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfFairValuesAndCarryingAmountsOfNonCurrentLiabilitiesTextBlock_pn6n6_zEozzI7tvKQj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial assets and liabilities (Details 2)"> <tr> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Schedule of fair value and carrying amounts of loans and financing</td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: silver 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom; background-color: #007E7A; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; background-color: #007E7A; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> </tr> <tr> <td style="border-bottom: #BFBFBF 1pt solid; vertical-align: bottom; width: 56%; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Carrying amount</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Carrying amount</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> </tr> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Bonds</td> <td id="xdx_98C_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_z4tCjDrg5pFg" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">7,683</td> <td id="xdx_980_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zYV9Adu9fbng" style="border-bottom: silver 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">8,034</td> <td id="xdx_980_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_z1QMr48ZS9Jk" style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">7,267</td> <td id="xdx_988_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zr0T3S7Sspqj" style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">7,245</td> </tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Debentures</td> <td id="xdx_980_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zX5bXvNHRQH7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">2,370</td> <td id="xdx_981_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zDKYsll7jsR" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">2,351</td> <td id="xdx_988_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zPHVKXEQ8fB6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">1,272</td> <td id="xdx_985_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zJGdJxsoRGWe" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">1,275</td> </tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total loans and borrowings</td> <td id="xdx_983_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zEfOEKGUIkPe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">10,053</td> <td id="xdx_983_eifrs-full--Borrowings_pn6n6_c20251231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zw9Sk5NQZMCh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">10,385</td> <td id="xdx_986_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_zzHKN7IWUOi6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">8,539</td> <td id="xdx_98F_eifrs-full--Borrowings_pn6n6_c20241231__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zdkfnU6qd8J8" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of assets and liabilities">8,520</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> </tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinated notes</td> <td id="xdx_982_eifrs-full--Borrowings_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SubordinatedNotesMember__ifrs-full--MeasurementAxis__ifrs-full--GrossCarryingAmountMember_ziGgMttyqPX" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">745</td> <td id="xdx_982_eifrs-full--Borrowings_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SubordinatedNotesMember__ifrs-full--MeasurementAxis__ifrs-full--AtFairValueMember_zZjq5NirFZ61" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans and financing">748</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> </tr> </table>

7683000000

8034000000

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2370000000

2351000000

1272000000

1275000000

10053000000

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8520000000

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748000000

Classification and measurement - The Company classifies financial instruments based on its business model for managing the assets and the contractual cash flow characteristics of those assets. The business model test determines the classification based on the business purpose for holding the asset and whether the contractual cash flows represent only payments of principal and interest. Financial instruments are measured at fair value through profit or loss (“FVTPL”) unless certain conditions are met that permit measurement at fair value through other comprehensive income (“FVOCI”) or amortized cost. Gains and losses recorded in other comprehensive income for debt instruments are recognized in profit or loss only on disposal. Investments in equity instruments are measured at FVTPL unless they are eligible to be measured at FVOCI, whose gains and losses are never recycled to profit or loss. All financial liabilities are initially measured at fair value, net of transaction costs incurred and are subsequently carried at amortized cost and updated using the effective interest rate method. Excepts for Participative shareholders’ debentures and Derivative financial instruments that are measured at FVTPL. Fair value hierarchy - The Company classifies financial instruments within the fair value hierarchy as: Level 1: The fair value of financial instruments traded in active markets (e.g. derivatives and publicly traded shares) is based on quoted market prices at the end of the financial statements period. Level 2: The fair value of financial instruments that are not traded in an active market (e.g. over the counter derivatives) is determined using valuation techniques that maximize the use of observable market data. If all significant data required for the fair value of an instrument are observable, the instrument is included in level 2. Level 3: If one or more of the significant data are not based on observable market data, the instrument is included in level 3. The fair value of derivatives classified as level 3 is estimated using discounted cash flows and option valuation models with unobservable inputs of discount rates, stock prices and commodity prices.

20. Financial and capital risk management The Company is exposed to several financial and capital risk factors that may impact its performance and equity position. The evaluation of the exposure to financial and capital risks is performed periodically to support decision making process regarding the risk management strategy. The Company's policy aims at establishing a capital structure that will ensure the continuity of our business in the long term. Within this perspective, the Company has been able to maintain regular dividends payments and interest on capital (“JCP”), to maintain a debt profile suitable for its activities, with an amortization well distributed over the years, thus avoiding a concentration in one specific period. The Board of Directors establishes and supervises the management of financial risks with the support of the Capital Allocation and Project Advisory Committee that ensures that Company's financial activities are governed by appropriate policies and procedures and that financial risks are identified, measured and managed in accordance with the Company's policies and objectives. The Company has developed its strategy through an integrated view of the risks to which it is exposed, considering not only the risk, generated by variables traded in the financial market (market risk) and the liquidity risk, but also the risk arising from obligations assumed by third parties to the Company (credit risk), among others. The Company uses derivative financial instruments to protect its exposure to these market risks arising from operating, financing, and investment activities, so that Vale does not engage in derivative operations that result in nominal amount exceeding its total exposure. The financial instruments portfolio is reassessed periodically, allowing the monitoring of financial results and their impact on cash flow. The Company applies hedge accounting to its net investment in foreign operation. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top; background-color: #007E7A"> <td style="border-bottom: teal 1pt solid; width: 28%; font-family: Times New Roman,serif; line-height: 112%">Risks</td> <td style="border-bottom: teal 1pt solid; width: 39%; font-family: Times New Roman,serif; line-height: 112%">Origin of the exposure</td> <td style="border-bottom: teal 1pt solid; width: 33%; font-family: Times New Roman,serif; line-height: 112%">Management</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Market Risk - Exchange Rate</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Financial instruments and other financial liabilities that are not denominated in US$</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Derivatives transactions, such as swap and forward operations</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Market risk - Interest rate</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Loans and financing indexed to different interest rates including, but not limited to, SOFR and CDI</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Derivatives transactions, such as swap operations</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Market risk - Product and input prices</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Volatility of commodity and input prices</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Derivatives transactions, such as forward operations and option contracts</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Credit Risk</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Receivables, derivative transactions, guarantees, advances to suppliers and financial investments</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Portfolio diversification and policies for monitoring counterparty solvency and liquidity indicators</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liquidity risk</td> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Contractual or assumed obligations</td> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Availability of revolving credit lines</td></tr> </table> Method and techniques for valuation of derivatives The derivative financial instruments were evaluated using the curves and market prices that impact each instrument on the valuation dates applying pricing techniques widely used by the market. Swaps are priced by discounting their cash flows by the corresponding rates and currencies, while forward and futures contracts use the forward curves of their respective underlying assets. For options, the Company uses the Black & Scholes model and in the case of Asian options the Turnbull & Wakeman model. In all cases, we consider the credit risk of both the Company and the counterparty for the final calculation of fair value. When pricing information is not available from a listed market source, alternative market mechanisms or comparable recent transactions, fair value is estimated based on the Company's outlook. Effects of derivatives on the statement of financial position <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfDerivativesEffectsOnStatementOfFinancialPositionExplanatoryTableTextBlock_pn6n6_zTWK8JDtRWVk" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of derivatives effects on statement of financial position</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 56%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Liabilities</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Liabilities</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk</td> <td id="xdx_989_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zoaYBgTzEhl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">588</td> <td id="xdx_988_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zMCqTEtjtER7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">133</td> <td id="xdx_98A_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zVns31VsqYTi" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">52</td> <td id="xdx_981_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zf1bhKRwRADl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">601</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_987_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_ziCLyusE7ku7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">29</td> <td id="xdx_984_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zqz5axOAiBX7" style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">13</td> <td id="xdx_984_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zaJOhkjoL0zi" style="border-bottom: #DADADA 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">16</td> <td id="xdx_98B_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zh8rPhs4g7id" style="border-bottom: #DADADA 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">23</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zWT3f3h9LArc" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">1</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_988_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_ztYfOlVYU9Wb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">617</td> <td id="xdx_98E_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zHrgjAN7AWab" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">146</td> <td id="xdx_988_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_z7pXYT4xHHR2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">68</td> <td id="xdx_987_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zGtVx8k7bZwd" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">625</td></tr> </table> Net exposure <table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfCreditRiskExposureExplanatory_pn6n6_zaBW9g6uSyd6" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 1)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of net exposure</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 72%; font-family: Times New Roman,serif"> </td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk (i)</td> <td id="xdx_988_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zaIKCIx3kHU4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">455</td> <td id="xdx_987_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zgoNRYgLHPa2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(549)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_98F_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zGVUczb0fvva" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">16</td> <td id="xdx_980_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zWoj3eNaf7Q7" style="border-bottom: #DADADA 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(7)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives</td> <td id="xdx_988_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zsNtcFCYTD5g" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">–</td> <td id="xdx_982_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_z3HMZbecOnng" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(1)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_98E_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zY3nqfK5HxA6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">471</td> <td id="xdx_986_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zMcqGC60ZNQl" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(557)</td></tr> </table> (i) Includes a positive (negative) balance of US$181 and US$(334) as of 31 December 2025 and 2024, respectively, related to transactions to mitigate foreign exchange and interest rate fluctuations on loans, borrowings and provisions related to Brumadinho and Samarco. Effects of derivatives on the income statement <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfEffectsOfDerivativesOnIncomeStatementTableTextBlock_pn6n6_zRHEY5FcnDnd" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 2)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects of derivatives on income</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Gain (loss) recognized in the income statement</td></tr> <tr style="background-color: #007E7A"> <td style="width: 55%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk</td> <td id="xdx_986_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zmkY8rf45hac" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1,605</td> <td id="xdx_987_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zbPFKiTzxMs3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">(1,187)</td> <td id="xdx_98D_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zLo1f97qFrAc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">900</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_98C_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zC1vAkw5Ppz8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">10</td> <td id="xdx_983_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zJx9hBt9NFxg" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">(23)</td> <td id="xdx_981_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_z17wa2Gzuac1" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives</td> <td id="xdx_98C_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zrDqe22dsat9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1</td> <td id="xdx_98F_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zadj7lBVw2j9" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1</td> <td id="xdx_986_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zNexKnlnYZxf" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">3</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_988_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_z5WywZQl9Iyj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1,616</td> <td id="xdx_98E_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zc05UDTSubN5" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">(1,209)</td> <td id="xdx_987_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zbBgkRBgSRs7" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">903</td></tr> </table> Effects of derivatives on the cash flows <table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfDerivativeFinancialInstrumentsExplanatory_pn6n6_zmSTOwwYrEbb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 3)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects of derivatives on cash flows</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Financial settlement inflows (outflows)</td></tr> <tr style="background-color: #007E7A"> <td style="width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk</td> <td id="xdx_98F_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zS553wuGFkLe" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">592</td> <td id="xdx_987_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zmQsvWYSGIq1" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">5</td> <td id="xdx_98D_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zMffenkM6He6" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">476</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_98C_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_z9Y2Kl2YC9Tj" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">(13)</td> <td id="xdx_98F_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_z5hJJdLI13Z2" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">6</td> <td id="xdx_985_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zhISexIT0jUe" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">6</td></tr> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivatives designated as cash flow hedge accounting</td> <td id="xdx_98B_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--DesignatedAsHedgingInstrumentsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DerivativesRiskMember_zNIMjcppfsrc" style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">–</td> <td id="xdx_988_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--DesignatedAsHedgingInstrumentsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DerivativesRiskMember_zeZie29QxA54" style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">–</td> <td id="xdx_983_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--DesignatedAsHedgingInstrumentsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DerivativesRiskMember_zdJT6dOzZJak" style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">85</td></tr> <tr> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_985_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231_z6lllIVfEYhc" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">579</td> <td id="xdx_988_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231_zE9Ms3HWsCA5" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">11</td> <td id="xdx_988_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231_z58NREn4tt2g" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">567</td></tr> </table> a) Market risk a.i) Foreign exchange and interest rates The Company’s cash flow is exposed to the volatility of several currencies against the U.S. dollar. While most of our product prices are indexed to U.S. dollars, most of our costs, expenses and investments are indexed to currencies other than the U.S. dollar, principally the Brazilian real and the Canadian dollar. The Company can enter into derivative transactions to protect its cash flow against the market risks that arises from its debt obligations and other commitments – mainly currency volatility. To reduce cash flow volatility, swap and forward operations were implemented to convert the cash flow of commitments, debts and financial obligations in Reais into US$ with exchange rate locks and fixed and floating rate swaps indexed mainly to the interbank deposit certificate ("CDI"), the TJLP and the national consumer price index ("IPCA"). In these swap operations, the Company pays fixed rates in US$ and receives remuneration in R$ fixed or linked to the interest rates of the hedged liabilities. The Company is also exposed to floating interest rate risks on certain loans and financing. U.S. dollar floating-rate debt consists primarily of loans, including export prepayments, loans with commercial banks, and multilateral organizations. To reduce cash flow volatility, swaps transactions were implemented to convert SOFR-indexed interest rates into fixed-rate loan and financing contracts. In these operations, the Company receives floating rates indexed to SOFR and pays remuneration linked to fixed rates in US$. <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfForeignExchangeAndInterestRatesVolatilityTableTextBlock_pn6n6_z7cZvjHTtSje" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 4)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of foreign exchange and interest rates volatility</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notional</td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value by year</td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 37%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Flow</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2028+</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign Exchange and Interest Rate Derivatives</td> <td id="xdx_98A_ecustom--DerivativeAssetsNotionalAmount_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zqWPlQeMyg1c" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange notional amount">US$ 9,201</td> <td id="xdx_989_ecustom--DerivativeAssetsNotionalAmount_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zq26q24TXcb2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange notional amount">US$ 11,490</td> <td id="xdx_986_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zDDuARerMRYb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange fair value">455</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zn5fEYjURhui" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange fair value">(549)</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember__ifrs-full--MaturityAxis__custom--LaterThanOneYearAndThereAfterMember_zWnuVxTZ1jaj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange financial settlement inflows">305</td> <td id="xdx_988_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndThereAfterMember_zOlF8f7k9SD9" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange financial settlement inflows">64</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember__ifrs-full--MaturityAxis__custom--LaterThanThreeYearAndThereAfterMember_zHFnwRBFKSPf" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange financial settlement inflows">86</td></tr> </table> The sensitivity analysis of these derivative financial instruments is presented as follows: <table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosuresOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn6n6_zlHQAimOS2Gc" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 5)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of sensitivity analysis financial instruments</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 37%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument's main risk events</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario I (∆ of 25%)</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario II (∆ of 50%)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">R$ depreciation</td> <td id="xdx_987_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DepreciationMember__ifrs-full--TypesOfRisksAxis__custom--RiskDepreciationPriceMember_zLNtwumcsBei" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DepreciationMember__ifrs-full--TypesOfRisksAxis__custom--RiskDepreciationPriceMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_znLKdwRMggbj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(934)</td> <td id="xdx_98E_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DepreciationMember__ifrs-full--TypesOfRisksAxis__custom--RiskDepreciationPriceMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zjhlSxMwE1v5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(2,324)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">US$ interest rate inside Brazil decrease</td> <td id="xdx_98B_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--InterestRateInsideBrazilDecreaseMember_zcPDn1ZNWv3l" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_98E_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--InterestRateInsideBrazilDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zT6rbmgl0LR7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">286</td> <td id="xdx_986_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--InterestRateInsideBrazilDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zBslJV3aImKe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">90</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazilian interest rate increase</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--BrazilianInterestRateIncreaseMember_zjg0shUGsxN6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--BrazilianInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zxqtgIiMLde5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">101</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--BrazilianInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zh8eBA3XayZj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(191)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">TJLP interest rate decrease</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--TJLPInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--TJLPInterestRateIncreaseMember_zsRhyiWpN7s2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_980_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--TJLPInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--TJLPInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zynzSQbdqIfb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">453</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--TJLPInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--TJLPInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zFSQLqH3Hs5k" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">451</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">IPCA index decrease</td> <td id="xdx_988_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IPCAIndexMember__ifrs-full--TypesOfRisksAxis__custom--IPCAIndexDecreaseMember_zzb7FEoveK1h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_98F_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IPCAIndexMember__ifrs-full--TypesOfRisksAxis__custom--IPCAIndexDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zUnHnFzjxIJe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">268</td> <td id="xdx_980_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IPCAIndexMember__ifrs-full--TypesOfRisksAxis__custom--IPCAIndexDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_z5SbepbWx01j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">97</td></tr> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">SOFR interest rate decrease</td> <td id="xdx_98F_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SOFRInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--SOFRInterestRateDecreaseMember_zlAi1LGqwQ5k" style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_989_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SOFRInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--SOFRInterestRateDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zqJFYGBxoDla" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">429</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SOFRInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--SOFRInterestRateDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_za7F24ltdwI6" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">403</td></tr> </table> a.ii) Protection program for product prices and input costs The Company is also exposed to market risks associated with the price volatility of commodities and inputs, especially freight and fuel costs. In line with its risk management policy, risk mitigation strategies involving commodities are used to reduce cash flow volatility. These mitigation strategies incorporate derivative instruments, predominantly forward, futures and options. <table cellpadding="0" cellspacing="0" id="xdx_896_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_pn6n6_zT5rubGS1M49" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 6)"> <tr style="vertical-align: bottom"> <td style="background-color: white; font-family: Times New Roman,serif">Schedule of protection program for product price</td> <td style="font-family: Times New Roman,serif"> </td> <td style="background-color: white; font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td> <td style="background-color: white; font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notional</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value by year</td></tr> <tr style="background-color: #007E7A"> <td style="width: 37%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Flow</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2028+</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brent crude oil (bbl)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Options</td> <td id="xdx_98A_ecustom--NotionalAmountPerBarrel_iI_uBBL_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_zqb6Z7NWbyX3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Notional amount per barrel">22,224,999</td> <td id="xdx_983_ecustom--NotionalAmountPerBarrel_iI_uBBL_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_zcnLmJgfPCJ7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Notional amount per barrel">24,050,625</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_znlbwboxTuVj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(5)</td> <td id="xdx_98B_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_zrIu70kLCVtl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">11</td> <td id="xdx_98A_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zBiSCrV2ECa8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">(5)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Forward Freight Agreement (days)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Freight forwards </td> <td id="xdx_98F_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zAmPIY4PVHPk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">2,070</td> <td id="xdx_983_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zv3Kcfa3k7D1" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">3,240</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zcF6EeRZwk8c" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">15</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zYBi0eePOip3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(11)</td> <td id="xdx_985_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zaOUBStpUmDj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">15</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fixed price Nickel sales protection (ton)</td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Nickel forwards</td> <td id="xdx_981_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zFFYveaw6zPi" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">3,557</td> <td id="xdx_989_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zjrmKj3HcBje" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">4,978</td> <td id="xdx_98A_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zIV8NQTSnNVk" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zcu6WPoxdaW3" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(7)</td> <td id="xdx_98A_eifrs-full--ValueAtRisk_iNI_pn6n6_di_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zpHRw2IIhWx8" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">5</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fixed price Cobalt sales protection (tons)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cobalt forwards</td> <td id="xdx_98D_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltForwardsMember_zkNlljOcuGAa" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">26</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltForwardsMember_zQBqqDK5hGha" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">1</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--ValueAtRisk_iNI_pn6n6_di_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltForwardsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zUHwmiUqDst9" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">1</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> </table> The sensitivity analysis of these derivative financial instruments is presented as follows: <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfDerivativeFinancialInstrumentsTableTextBlock_pn6n6_zjVMGGaGxe62" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 7)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of derivative financial instruments</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 36%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument</td> <td style="border-bottom: #007E7A 1pt solid; width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument's main risk events</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: center">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario I (∆ of 25%)</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario II (∆ of 50%)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brent crude oil (bbl)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in fuel oil price</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerCrudeOilMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember_zz3dEjlrcfZ3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(5)</td> <td id="xdx_984_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerCrudeOilMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zZ5fCtZb58A5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(125)</td> <td id="xdx_989_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerCrudeOilMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zmMY6U2R8LE7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(423)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Forward Freight Agreement (days)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in freight price</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForwardsFrieghtMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember_zMKAbUiwLiS" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">15</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForwardsFrieghtMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zu7Dm0LnmNuh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">2</td> <td id="xdx_98A_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForwardsFrieghtMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zrT1MtwEGkTj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(11)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Hedge for fixed-price nickel sales (tons)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in nickel price</td> <td id="xdx_98B_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeFixedPriceNickelSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember_zD4yKW92PjE8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeFixedPriceNickelSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zsAFziAm6RAd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td> <td id="xdx_986_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeFixedPriceNickelSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zDSsChDXyd02" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Hedge for fixed-price cobalt sales (tons)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in cobalt price</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeForFixedPriceCobaltSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember_zkIlGkWC7Mz5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">1</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> </table> Brent Crude Oil - To reduce the impact of fluctuations in fuel oil prices on the hiring and availability of maritime freight and, consequently, to reduce the Company’s cash flow volatility, hedging operations were implemented through acquiring call and put options on Brent Crude Oil for different portions of the exposure. The derivative transactions were traded over-the-counter. Freight derivative - To reduce the impact of maritime freight price volatility on the Company’s cash flow, freight hedging transactions were implemented, through Forward Freight Agreements (FFAs). The FFAs are contracts traded over the counter and can be cleared through a Clearing House, in this case subject to margin requirements. Fixed price sales protection - The Company started an operational program to protect nickel and cobalt sales, converting fixed price commercial contracts with customers to floating price, therefore maintaining the Company’s exposure to price fluctuations. The transactions usually carried out in this program are nickel purchases for future settlement. Hedge program for products acquisition for resale - The Company started a hedge program with nickel forward transactions with the objective of reducing the risk of price mismatch between the period of purchase and sale of products to third parties. The transactions entered into in 2023 were fully settled within the fiscal year. a.iii) Embedded derivatives in contracts <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfDetailedInformationAboutHedgesTableTextBlock_pn6n6_z2dssJboB222" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 8)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of embedded derivatives</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notional</td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value by year</td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 30%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Flow</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027+</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivative (pellet price) in natural gas purchase (volume/month)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Call options</td> <td id="xdx_983_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zq6FlGHFr2H5" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">746,667</td> <td id="xdx_98D_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zVvtTKgosFrl" style="border-bottom: #DBDBDB 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">746,667</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zPUFHMqAzAc9" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zhS5VHgFv955" style="border-bottom: #DBDBDB 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(1)</td> <td id="xdx_989_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCoAH68x13i3" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">–</td> <td id="xdx_98E_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zq85lxRj8CKk" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">–</td> <td id="xdx_986_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanFiveYearsMember_zHeslv1SQ4fb" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">–</td></tr> </table> The sensitivity analysis of these derivative financial instruments is presented as follows: <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--ScheduleOfSensitivityAnalysisOtherDerivativeFinancialInstrumentsTableTextBlock_pn6n6_z0bLewiRVxr" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 9)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of sensitivity analysis of other derivatives financial instruments</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 45%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument</td> <td style="border-bottom: #007E7A 1pt solid; width: 25%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument's main risk events</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario I (∆ of 25%)</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario II (∆ of 50%)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivative (pellet price) in natural gas purchase agreement (volume/month)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives - Gas purchase</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pellet price increase</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedDerivativesGasPurchaseMember__ifrs-full--TypesOfRisksAxis__custom--RiskPelletPriceIncreaseMember_z2x3nUNtlho9" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedDerivativesGasPurchaseMember__ifrs-full--TypesOfRisksAxis__custom--RiskPelletPriceIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zjWn4Q99MmSl" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td> <td id="xdx_987_eifrs-full--DerivativeFinancialLiabilities_iI_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedDerivativesGasPurchaseMember__ifrs-full--TypesOfRisksAxis__custom--RiskPelletPriceIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zg8Yw9qrPgnc" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td></tr> </table> Embedded derivative (pellet price) in natural gas purchase agreement - The Company has a natural gas purchase agreement in which the amount charged to Vale changes based on the pricing level of the pellets sold by the Company to the market. a.iv) Hedge accounting <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfEffectsOfDerivativesOnOtherComprehensiveIncomeTableTextBlock_pn6n6_zuu29aig26Mb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 10)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects of derivatives on other comprehensive income</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Gain (loss) recognized in the other comprehensive income</td></tr> <tr style="background-color: #007E7A"> <td style="width: 52%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 16%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 16%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 16%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net investments hedge</td> <td id="xdx_982_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NetInvestmentsHedgeMember_zJVQGBat01t7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">273</td> <td id="xdx_983_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NetInvestmentsHedgeMember_z2StadnvhiCd" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">(500)</td> <td id="xdx_98B_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NetInvestmentsHedgeMember_z7NMMaPWxcI3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">139</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash flow hedge</td> <td id="xdx_982_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CashFlowHedgeNickelAndPalladiumMember_z8QyQhNWc2h1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">–</td> <td id="xdx_986_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CashFlowHedgeNickelAndPalladiumMember_zXhgXuMHIv55" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">–</td> <td id="xdx_981_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CashFlowHedgeNickelAndPalladiumMember_zJTai1bHTQT5" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">(19)</td></tr> </table> Net investment hedge - The Company uses hedge accounting for foreign exchange risk arising from Vale S.A.’s net investments in Vale International S.A.. With the hedge program, the Company's debt with third parties denominated in United States dollars serves as a hedge instrument for investments in Vale International S.A.. The amount of debt designated as a hedge instrument for this investment is US$3,865 as of December 31, 2025 (2024: US$3,308). As a result of the hedge program, the impact of the exchange rate variation on the debt denominated in dollars is now partially recorded in other comprehensive income, as “Translation adjustments”. Cash flow hedge (Nickel) - To reduce the cash flow volatility due to nickel price fluctuations, the Company implemented the Nickel Revenue Hedge Program. In this program, hedging operations were executed, through option contracts, to protect a portion of the projected volume of sales at floating, highly probable realization prices, guaranteeing prices above the average unit cost of nickel production for the protected volumes. In 2023, the program was settled, and no new operations were carried out in 2024 and 2025. The contracts were traded on the London Metal Exchange or over-the-counter. b) Credit risk management The Company is exposed to credit risk that arises from trade receivables, derivative transactions, guarantees, down payment for suppliers and cash investments. The credit risk management process provides a framework for assessing and managing counterparties’ credit risk and for maintaining our portfolio risk at an acceptable level. For the commercial credit exposure, which arises from sales to final customers, the risk management area, in accordance with the current delegation level, approves or requests the approval of credit risk limits for each counterparty. Vale attributes an internal credit risk rating for each counterparty using its own quantitative methodology for credit risk analysis, which is based on market prices, external credit ratings and financial information of the counterparty, as well as qualitative information regarding the counterparty’s strategic position and history of commercial relations. Based on the counterparty’s credit risk, risk mitigation strategies may be used to manage the Company’s credit risk. The main credit risk mitigation strategies include non-recourse sale of receivables, insurance instruments, letters of credit, corporate and bank guarantees, mortgages, among others. b.i) Accounts receivable portfolio Vale has a diversified accounts receivable portfolio from a geographical standpoint, with Asia, Middle East, North Africa, Europe and Brazil as the regions with more significant exposures. According to each region, different guarantees can be used to enhance the credit quality of the receivables. Historically, the expected credit loss on the Company’s accounts receivable portfolio is immaterial (note 7). b.ii) Financial instruments, except for accounts receivable To manage the credit exposure arising from cash investments and derivative instruments, credit limits are approved to each counterparty with whom the Company has credit exposure. Furthermore, the Company controls the portfolio diversification and monitors different indicators of solvency and liquidity of the different counterparties that were approved for trading. The carrying amount of the financial assets that represent the exposure to credit risk is presented below: <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--FinancialAssetsExposureToCreditRiskTableTextBlock_pn6n6_zXAVCi7EhwWj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 11)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of carrying amount of the financial assets that represent the exposure to credit risk</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 59%; font-family: Times New Roman,serif; text-align: right"> </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 15%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 15%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19(a)</td> <td id="xdx_98E_eifrs-full--FinancialAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zRh7lOyOMcOl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">7,372</td> <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zOGj4DtV9Nla" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">4,953</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Short-term investments</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19(a)</td> <td id="xdx_98A_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zdOAEIt9wVH3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">194</td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zPYdqgOc14Pj" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Restricted cash</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zGrKcEPgkk67" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">9</td> <td id="xdx_987_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zgqOVUmjxdD8" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">13</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Judicial deposits</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zBmcdgOvxZ57" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">651</td> <td id="xdx_98E_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zfQ32XiayVOb" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">537</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zvnVqJKhY2Ge" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">617</td> <td id="xdx_98C_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zuyzEPTFjbcb" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">68</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zKn4h5U8Bfw1" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">63</td> <td id="xdx_98D_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zRA8guoBna4c" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">54</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_985_eifrs-full--FinancialAssets_pn6n6_c20251231_zJlDGX7aVv61" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">8,906</td> <td id="xdx_98B_eifrs-full--FinancialAssets_pn6n6_c20241231_zr3mpb5gMpOk" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">5,678</td></tr> </table> b.iii) Financial counterparties’ ratings The transactions of derivative instruments, cash and cash equivalents, as well as short-term investments are held with financial institutions whose exposure limits are periodically reviewed and approved by the delegated authority. The financial institutions' credit risk is performed through a methodology that considers, among other information, ratings provided by international rating agencies. The table below presents the ratings in foreign currency as published by Moody’s regarding the main financial institutions used by the Company to contract derivative instruments, cash and cash equivalents transaction. <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfExternalCreditExposureExplanatory_pn6n6_zWXOcV3iSYp2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 12)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of ratings published by Moody's regarding the main financial institutions</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; width: 13%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 24%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Cash and cash equivalents and investment</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Derivatives</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Cash and cash equivalents and investment</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Derivatives</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Aa2</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zAcOLAo3DzP9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">721</td> <td id="xdx_984_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zt9gWtllw8Tb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td> <td id="xdx_980_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zqBZADLp8Zj6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">391</td> <td id="xdx_98A_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zAxnbjheYBD9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">A1</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_z1y5ktENzZrf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">2,918</td> <td id="xdx_98E_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_zwWmSx9Qxi2g" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">169</td> <td id="xdx_98A_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_zXlXU8Oungg5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1,874</td> <td id="xdx_982_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_z0TnzxbYpfE5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">28</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">A2</td> <td id="xdx_98B_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A2RatingMember_ztStNAMYnFvb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A2RatingMember_zh7E8W53OJid" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">520</td> <td id="xdx_987_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A2RatingMember_z1gTd49fbPTf" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">13</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">A3</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zRdwmsL9Mm8j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1,339</td> <td id="xdx_98C_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zo7CStl7akjh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">61</td> <td id="xdx_98F_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zNT7uRqjhp96" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">709</td> <td id="xdx_985_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zq9H2U5gvfg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">2</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Baa1</td> <td id="xdx_980_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa1RatingMember_zYhABSd5VT7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa1RatingMember_zQdYcgdv7DC9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Baa2</td> <td id="xdx_98B_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa2RatingMember_zPqbQpdLebT6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">2</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa2RatingMember_zbbQndXj9NZ4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">4</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Baa3</td> <td id="xdx_98C_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa3RatingMember_zGYlRwmlTbE2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">55</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa3RatingMember_zlcAL3LJoDAb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ba1 (i)</td> <td id="xdx_98E_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zcIHbReJF9sc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1,658</td> <td id="xdx_98A_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zk0SSbGpLNZ4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">198</td> <td id="xdx_987_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zdhll5MihB1c" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">719</td> <td id="xdx_988_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zWYOMESjxCf2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">18</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ba2 (i)</td> <td id="xdx_988_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zBzQUHzn7mqj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">872</td> <td id="xdx_98C_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zbvILy4sRdee" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">188</td> <td id="xdx_989_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zmJnbztIaYd9" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">788</td> <td id="xdx_98D_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zuCFAnJ0kbug" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">6</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td id="xdx_980_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zVcGuGKVxjq2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">7,566</td> <td id="xdx_98F_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zuuatVMcMcU7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">617</td> <td id="xdx_984_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zf52VmbovPV" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">5,006</td> <td id="xdx_98D_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zp7VDpNymTM3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">68</td></tr> </table> (i) A substantial part of the balances is held with financial institutions in Brazil which are deemed investment grade in local currency. c) Liquidity risk management The liquidity risk arises from the possibility that Vale might not perform its obligations on due dates, as well as face difficulties to meet its cash requirements due to market liquidity constraints. The available revolving credit facilities are intended to assist short term liquidity management and to enable more efficiency in cash management and were provided by a syndicate of several global commercial banks. The Company has two revolving credit facilities, in the amount of US$5,000, for which US$3,000 have maturity date in 2029 and US$2,000 in 2026. As of December 31, 2025 and 2024, these lines were not drawn. The Company also is part of supplier finance arrangements to manage its working capital and does not consider these arrangements gives rise to excessive concentrations of liquidity risk. For further details, see note 14 of these financial statements. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_zWDRhjwo69Zh" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #555555">The Company uses financial instruments to hedge its exposure to certain market risks arising from operational, financing and investing activities. Derivatives are included within financial assets or liabilities at fair value through profit or loss unless they are designated as effective hedging instruments (hedge accounting). At the beginning of the hedge operations, the Company documents the type of hedge, the relation between the hedging instrument and hedged items, its risk management objective and strategy for undertaking hedge operations. The Company also documents, both at hedge inception and on an ongoing basis that the hedge is expected to continue to be highly effective. The Company has elected to adopt the new general hedge accounting model in IFRS 9 and designates certain derivatives as either: Cash flow hedge - The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognized in equity within "Unrealized fair value gain (losses)". The gain or loss relating to the ineffective portion is recognized immediately in the income statement. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognized in profit or loss when the transaction is recognized in the income statement. Net investment hedge - Hedges of net investments in foreign operations are accounted for similarly to cash flow hedges. Any gain or loss on the hedging instrument relating to the effective portion of the hedge is recognized in equity within "Cumulative translation adjustments". The gain or loss relating to the ineffective portion is recognized immediately in the income statement. Gains and losses accumulated in equity are included in the statement of income when the foreign operation is partially or fully disposed of or sold. Derivatives at fair value through profit or loss - Certain derivative instruments do not qualify for hedge accounting. Changes in the fair value of any of these derivative instruments are recognized immediately in the income statement. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">The fair values of financial instruments that are not traded in active markets are determined using valuation techniques. Vale uses its own judgment to choose between the various methods. Assumptions are based on the market conditions, at the end of the year. An analysis of the impact if actual results are different from management's estimates is present under “Sensitivity analysis of derivative financial instruments”.</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfDerivativesEffectsOnStatementOfFinancialPositionExplanatoryTableTextBlock_pn6n6_zTWK8JDtRWVk" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of derivatives effects on statement of financial position</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 56%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Liabilities</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Liabilities</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk</td> <td id="xdx_989_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zoaYBgTzEhl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">588</td> <td id="xdx_988_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zMCqTEtjtER7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">133</td> <td id="xdx_98A_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zVns31VsqYTi" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">52</td> <td id="xdx_981_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zf1bhKRwRADl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">601</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_987_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_ziCLyusE7ku7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">29</td> <td id="xdx_984_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zqz5axOAiBX7" style="border-bottom: #DADADA 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">13</td> <td id="xdx_984_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zaJOhkjoL0zi" style="border-bottom: #DADADA 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">16</td> <td id="xdx_98B_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zh8rPhs4g7id" style="border-bottom: #DADADA 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">23</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zWT3f3h9LArc" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">1</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_988_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_ztYfOlVYU9Wb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">617</td> <td id="xdx_98E_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zHrgjAN7AWab" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">146</td> <td id="xdx_988_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_z7pXYT4xHHR2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">68</td> <td id="xdx_987_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zGtVx8k7bZwd" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">625</td></tr> </table>

588000000

133000000

52000000

601000000

29000000

13000000

16000000

23000000

1000000

617000000

146000000

68000000

625000000

<table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfCreditRiskExposureExplanatory_pn6n6_zaBW9g6uSyd6" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 1)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of net exposure</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 72%; font-family: Times New Roman,serif"> </td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk (i)</td> <td id="xdx_988_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zaIKCIx3kHU4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">455</td> <td id="xdx_987_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zgoNRYgLHPa2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(549)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_98F_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zGVUczb0fvva" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">16</td> <td id="xdx_980_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zWoj3eNaf7Q7" style="border-bottom: #DADADA 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(7)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives</td> <td id="xdx_988_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zsNtcFCYTD5g" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">–</td> <td id="xdx_982_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_z3HMZbecOnng" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(1)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_98E_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zY3nqfK5HxA6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">471</td> <td id="xdx_986_ecustom--DerivativeFinancialAssetsLiabilities_iI_pn6n6_c20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zMcqGC60ZNQl" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative Financial Assets Liabilities">(557)</td></tr> </table> (i) Includes a positive (negative) balance of US$181 and US$(334) as of 31 December 2025 and 2024, respectively, related to transactions to mitigate foreign exchange and interest rate fluctuations on loans, borrowings and provisions related to Brumadinho and Samarco.

455000000 -549000000 16000000 -7000000 -1000000 471000000 -557000000 <table cellpadding="0" cellspacing="0" id="xdx_89F_ecustom--DisclosureOfEffectsOfDerivativesOnIncomeStatementTableTextBlock_pn6n6_zRHEY5FcnDnd" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 2)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects of derivatives on income</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Gain (loss) recognized in the income statement</td></tr> <tr style="background-color: #007E7A"> <td style="width: 55%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 15%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk</td> <td id="xdx_986_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zmkY8rf45hac" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1,605</td> <td id="xdx_987_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zbPFKiTzxMs3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">(1,187)</td> <td id="xdx_98D_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zLo1f97qFrAc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">900</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_98C_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zC1vAkw5Ppz8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">10</td> <td id="xdx_983_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zJx9hBt9NFxg" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">(23)</td> <td id="xdx_981_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_z17wa2Gzuac1" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives</td> <td id="xdx_98C_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zrDqe22dsat9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1</td> <td id="xdx_98F_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zadj7lBVw2j9" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1</td> <td id="xdx_986_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--EmbeddedDerivativesRiskMember_zNexKnlnYZxf" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">3</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_988_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_z5WywZQl9Iyj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">1,616</td> <td id="xdx_98E_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zc05UDTSubN5" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">(1,209)</td> <td id="xdx_987_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInProfitOrLoss_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember_zbBgkRBgSRs7" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognized in the income statement">903</td></tr> </table>

1605000000

-1187000000

900000000

10000000

-23000000

1000000

3000000

1616000000

-1209000000

903000000

<table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfDerivativeFinancialInstrumentsExplanatory_pn6n6_zmSTOwwYrEbb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 3)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects of derivatives on cash flows</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Financial settlement inflows (outflows)</td></tr> <tr style="background-color: #007E7A"> <td style="width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign exchange and interest rate risk</td> <td id="xdx_98F_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zS553wuGFkLe" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">592</td> <td id="xdx_987_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zmQsvWYSGIq1" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">5</td> <td id="xdx_98D_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__custom--ForeignExchangeAndInterestRateRiskMember_zMffenkM6He6" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">476</td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Commodities price risk</td> <td id="xdx_98C_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_z9Y2Kl2YC9Tj" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">(13)</td> <td id="xdx_98F_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_z5hJJdLI13Z2" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">6</td> <td id="xdx_985_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--NotDesignatedAsHedgingInstrumentsMember__ifrs-full--TypesOfRisksAxis__ifrs-full--CommodityPriceRiskMember_zhISexIT0jUe" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">6</td></tr> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivatives designated as cash flow hedge accounting</td> <td id="xdx_98B_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231__ifrs-full--HedgingInstrumentsAxis__custom--DesignatedAsHedgingInstrumentsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DerivativesRiskMember_zNIMjcppfsrc" style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">–</td> <td id="xdx_988_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231__ifrs-full--HedgingInstrumentsAxis__custom--DesignatedAsHedgingInstrumentsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DerivativesRiskMember_zeZie29QxA54" style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">–</td> <td id="xdx_983_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231__ifrs-full--HedgingInstrumentsAxis__custom--DesignatedAsHedgingInstrumentsMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DerivativesRiskMember_zdJT6dOzZJak" style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">85</td></tr> <tr> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_985_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20250101__20251231_z6lllIVfEYhc" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">579</td> <td id="xdx_988_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20240101__20241231_zE9Ms3HWsCA5" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">11</td> <td id="xdx_988_ecustom--DerivativesSettlementCashOutflowInflow_pn6n6_c20230101__20231231_z58NREn4tt2g" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivatives settlement cash outflow">567</td></tr> </table>

592000000 5000000 476000000 -13000000 6000000 6000000 85000000 579000000 11000000 567000000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfForeignExchangeAndInterestRatesVolatilityTableTextBlock_pn6n6_z7cZvjHTtSje" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 4)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of foreign exchange and interest rates volatility</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notional</td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value by year</td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 37%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Flow</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2028+</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Foreign Exchange and Interest Rate Derivatives</td> <td id="xdx_98A_ecustom--DerivativeAssetsNotionalAmount_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zqWPlQeMyg1c" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange notional amount">US$ 9,201</td> <td id="xdx_989_ecustom--DerivativeAssetsNotionalAmount_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zq26q24TXcb2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange notional amount">US$ 11,490</td> <td id="xdx_986_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zDDuARerMRYb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange fair value">455</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember_zn5fEYjURhui" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange fair value">(549)</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember__ifrs-full--MaturityAxis__custom--LaterThanOneYearAndThereAfterMember_zWnuVxTZ1jaj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange financial settlement inflows">305</td> <td id="xdx_988_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember__ifrs-full--MaturityAxis__custom--LaterThanTwoYearAndThereAfterMember_zOlF8f7k9SD9" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange financial settlement inflows">64</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForeignExchangeAndInterestRateDerivativesMember__ifrs-full--MaturityAxis__custom--LaterThanThreeYearAndThereAfterMember_zHFnwRBFKSPf" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Foreign exchange financial settlement inflows">86</td></tr> </table> 9201000000 11490000000

455000000

-549000000

305000000

64000000

86000000

<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--DisclosuresOfSensitivityAnalysisForActuarialAssumptionsExplanatory_pn6n6_zlHQAimOS2Gc" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 5)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of sensitivity analysis financial instruments</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 37%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument's main risk events</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario I (∆ of 25%)</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario II (∆ of 50%)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">R$ depreciation</td> <td id="xdx_987_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DepreciationMember__ifrs-full--TypesOfRisksAxis__custom--RiskDepreciationPriceMember_zLNtwumcsBei" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DepreciationMember__ifrs-full--TypesOfRisksAxis__custom--RiskDepreciationPriceMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_znLKdwRMggbj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(934)</td> <td id="xdx_98E_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DepreciationMember__ifrs-full--TypesOfRisksAxis__custom--RiskDepreciationPriceMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zjhlSxMwE1v5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(2,324)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">US$ interest rate inside Brazil decrease</td> <td id="xdx_98B_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--InterestRateInsideBrazilDecreaseMember_zcPDn1ZNWv3l" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_98E_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--InterestRateInsideBrazilDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zT6rbmgl0LR7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">286</td> <td id="xdx_986_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--InterestRateInsideBrazilDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zBslJV3aImKe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">90</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brazilian interest rate increase</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--BrazilianInterestRateIncreaseMember_zjg0shUGsxN6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--BrazilianInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zxqtgIiMLde5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">101</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--InterestRateMember__ifrs-full--TypesOfRisksAxis__custom--BrazilianInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zh8eBA3XayZj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(191)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">TJLP interest rate decrease</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--TJLPInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--TJLPInterestRateIncreaseMember_zsRhyiWpN7s2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_980_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--TJLPInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--TJLPInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zynzSQbdqIfb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">453</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--TJLPInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--TJLPInterestRateIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zFSQLqH3Hs5k" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">451</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">IPCA index decrease</td> <td id="xdx_988_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IPCAIndexMember__ifrs-full--TypesOfRisksAxis__custom--IPCAIndexDecreaseMember_zzb7FEoveK1h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_98F_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IPCAIndexMember__ifrs-full--TypesOfRisksAxis__custom--IPCAIndexDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zUnHnFzjxIJe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">268</td> <td id="xdx_980_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IPCAIndexMember__ifrs-full--TypesOfRisksAxis__custom--IPCAIndexDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_z5SbepbWx01j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">97</td></tr> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">SOFR interest rate decrease</td> <td id="xdx_98F_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SOFRInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--SOFRInterestRateDecreaseMember_zlAi1LGqwQ5k" style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">455</td> <td id="xdx_989_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SOFRInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--SOFRInterestRateDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zqJFYGBxoDla" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">429</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--SOFRInterestRateMember__ifrs-full--TypesOfRisksAxis__custom--SOFRInterestRateDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_za7F24ltdwI6" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">403</td></tr> </table>

455000000

-934000000

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455000000

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455000000

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268000000

97000000

455000000

429000000

403000000

<table cellpadding="0" cellspacing="0" id="xdx_896_eifrs-full--DisclosureOfFinancialInstrumentsByTypeOfInterestRateExplanatory_pn6n6_zT5rubGS1M49" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 6)"> <tr style="vertical-align: bottom"> <td style="background-color: white; font-family: Times New Roman,serif">Schedule of protection program for product price</td> <td style="font-family: Times New Roman,serif"> </td> <td style="background-color: white; font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td> <td style="background-color: white; font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notional</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value by year</td></tr> <tr style="background-color: #007E7A"> <td style="width: 37%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Flow</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2028+</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brent crude oil (bbl)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Options</td> <td id="xdx_98A_ecustom--NotionalAmountPerBarrel_iI_uBBL_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_zqb6Z7NWbyX3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Notional amount per barrel">22,224,999</td> <td id="xdx_983_ecustom--NotionalAmountPerBarrel_iI_uBBL_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_zcnLmJgfPCJ7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Notional amount per barrel">24,050,625</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_znlbwboxTuVj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(5)</td> <td id="xdx_98B_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember_zrIu70kLCVtl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">11</td> <td id="xdx_98A_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilOptionsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zBiSCrV2ECa8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">(5)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Forward Freight Agreement (days)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Freight forwards </td> <td id="xdx_98F_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zAmPIY4PVHPk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">2,070</td> <td id="xdx_983_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zv3Kcfa3k7D1" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">3,240</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zcF6EeRZwk8c" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">15</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember_zYBi0eePOip3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(11)</td> <td id="xdx_985_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerOilForwardsContractMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zaOUBStpUmDj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">15</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fixed price Nickel sales protection (ton)</td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Nickel forwards</td> <td id="xdx_981_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zFFYveaw6zPi" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">3,557</td> <td id="xdx_989_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zjrmKj3HcBje" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">4,978</td> <td id="xdx_98A_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zIV8NQTSnNVk" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember_zcu6WPoxdaW3" style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(7)</td> <td id="xdx_98A_eifrs-full--ValueAtRisk_iNI_pn6n6_di_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NickelForwardsSoldMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zpHRw2IIhWx8" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">5</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fixed price Cobalt sales protection (tons)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cobalt forwards</td> <td id="xdx_98D_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltForwardsMember_zkNlljOcuGAa" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">26</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltForwardsMember_zQBqqDK5hGha" style="border-bottom: #DBDBDB 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">1</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--ValueAtRisk_iNI_pn6n6_di_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CobaltForwardsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zUHwmiUqDst9" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">1</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> </table>

22224999 24050625

-5000000

11000000

-5000000

2070

3240

15000000

-11000000

15000000

3557

4978

5000000

-7000000

-5000000

1000000

-1000000

<table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--ScheduleOfDerivativeFinancialInstrumentsTableTextBlock_pn6n6_zjVMGGaGxe62" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 7)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of derivative financial instruments</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 36%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument</td> <td style="border-bottom: #007E7A 1pt solid; width: 34%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument's main risk events</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: center">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario I (∆ of 25%)</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario II (∆ of 50%)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Brent crude oil (bbl)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in fuel oil price</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerCrudeOilMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember_zz3dEjlrcfZ3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(5)</td> <td id="xdx_984_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerCrudeOilMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zZ5fCtZb58A5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(125)</td> <td id="xdx_989_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BunkerCrudeOilMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zmMY6U2R8LE7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(423)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Forward Freight Agreement (days)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in freight price</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForwardsFrieghtMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember_zMKAbUiwLiS" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">15</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForwardsFrieghtMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zu7Dm0LnmNuh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">2</td> <td id="xdx_98A_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--ForwardsFrieghtMember__ifrs-full--TypesOfRisksAxis__custom--RiskBunkerOilPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zrT1MtwEGkTj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(11)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Hedge for fixed-price nickel sales (tons)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in nickel price</td> <td id="xdx_98B_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeFixedPriceNickelSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember_zD4yKW92PjE8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td> <td id="xdx_98C_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeFixedPriceNickelSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zsAFziAm6RAd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td> <td id="xdx_986_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeFixedPriceNickelSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zDSsChDXyd02" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">5</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Hedge for fixed-price cobalt sales (tons)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Decrease in cobalt price</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--HedgeForFixedPriceCobaltSalesMember__ifrs-full--TypesOfRisksAxis__custom--RiskNickelPriceDecreaseMember_zkIlGkWC7Mz5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">1</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> </table>

-5000000

-125000000

-423000000

15000000

2000000

-11000000

5000000

1000000

<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--DisclosureOfDetailedInformationAboutHedgesTableTextBlock_pn6n6_z2dssJboB222" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 8)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of embedded derivatives</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Notional</td> <td colspan="2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value</td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Fair value by year</td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 30%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Flow</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027+</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivative (pellet price) in natural gas purchase (volume/month)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Call options</td> <td id="xdx_983_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zq6FlGHFr2H5" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">746,667</td> <td id="xdx_98D_eifrs-full--NominalAmountOfHedgingInstrument_iI_pip0_uPure_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zVvtTKgosFrl" style="border-bottom: #DBDBDB 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Nominal amount of hedging instrument">746,667</td> <td id="xdx_98D_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zPUFHMqAzAc9" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td> <td id="xdx_981_eifrs-full--DerivativeFinancialLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember_zhS5VHgFv955" style="border-bottom: #DBDBDB 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">(1)</td> <td id="xdx_989_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCoAH68x13i3" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">–</td> <td id="xdx_98E_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearMember_zq85lxRj8CKk" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">–</td> <td id="xdx_986_ecustom--ValueAtRisks_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedCallOptionsSoldMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanFiveYearsMember_zHeslv1SQ4fb" style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Value at risk">–</td></tr> </table>

746667

-1000000

<table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--ScheduleOfSensitivityAnalysisOtherDerivativeFinancialInstrumentsTableTextBlock_pn6n6_z0bLewiRVxr" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 9)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of sensitivity analysis of other derivatives financial instruments</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 45%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument</td> <td style="border-bottom: #007E7A 1pt solid; width: 25%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Instrument's main risk events</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Fair value</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario I (∆ of 25%)</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right">Scenario II (∆ of 50%)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivative (pellet price) in natural gas purchase agreement (volume/month)</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Embedded derivatives - Gas purchase</td> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pellet price increase</td> <td id="xdx_983_eifrs-full--DerivativeFinancialLiabilities_iI_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedDerivativesGasPurchaseMember__ifrs-full--TypesOfRisksAxis__custom--RiskPelletPriceIncreaseMember_z2x3nUNtlho9" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td> <td id="xdx_985_eifrs-full--DerivativeFinancialLiabilities_iI_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedDerivativesGasPurchaseMember__ifrs-full--TypesOfRisksAxis__custom--RiskPelletPriceIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIMember_zjWn4Q99MmSl" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td> <td id="xdx_987_eifrs-full--DerivativeFinancialLiabilities_iI_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--EmbeddedDerivativesGasPurchaseMember__ifrs-full--TypesOfRisksAxis__custom--RiskPelletPriceIncreaseMember__custom--StatementsScenarioAxis__custom--SensitivityScenarioIiMember_zg8Yw9qrPgnc" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of liabilities">–</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfEffectsOfDerivativesOnOtherComprehensiveIncomeTableTextBlock_pn6n6_zuu29aig26Mb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 10)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects of derivatives on other comprehensive income</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Gain (loss) recognized in the other comprehensive income</td></tr> <tr style="background-color: #007E7A"> <td style="width: 52%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 16%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 16%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 16%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net investments hedge</td> <td id="xdx_982_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NetInvestmentsHedgeMember_zJVQGBat01t7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">273</td> <td id="xdx_983_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NetInvestmentsHedgeMember_z2StadnvhiCd" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">(500)</td> <td id="xdx_98B_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--NetInvestmentsHedgeMember_z7NMMaPWxcI3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">139</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash flow hedge</td> <td id="xdx_982_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CashFlowHedgeNickelAndPalladiumMember_z8QyQhNWc2h1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">–</td> <td id="xdx_986_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CashFlowHedgeNickelAndPalladiumMember_zXhgXuMHIv55" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">–</td> <td id="xdx_981_eifrs-full--GainLossOnHedgeIneffectivenessRecognisedInOtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CashFlowHedgeNickelAndPalladiumMember_zJTai1bHTQT5" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Gain (loss) recognised in other comprehensive income">(19)</td></tr> </table>

273000000

-500000000

139000000

-19000000

<table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--FinancialAssetsExposureToCreditRiskTableTextBlock_pn6n6_zXAVCi7EhwWj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 11)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of carrying amount of the financial assets that represent the exposure to credit risk</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 59%; font-family: Times New Roman,serif; text-align: right"> </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 15%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 15%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19(a)</td> <td id="xdx_98E_eifrs-full--FinancialAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zRh7lOyOMcOl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">7,372</td> <td id="xdx_985_eifrs-full--FinancialAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zOGj4DtV9Nla" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">4,953</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Short-term investments</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19(a)</td> <td id="xdx_98A_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zdOAEIt9wVH3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">194</td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--ShortTermInvestmentMember_zPYdqgOc14Pj" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">53</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Restricted cash</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zGrKcEPgkk67" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">9</td> <td id="xdx_987_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--RestrictedCashMember_zgqOVUmjxdD8" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">13</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Judicial deposits</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zBmcdgOvxZ57" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">651</td> <td id="xdx_98E_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--JudicialDepositsMember_zfQ32XiayVOb" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">537</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zvnVqJKhY2Ge" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">617</td> <td id="xdx_98C_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zuyzEPTFjbcb" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">68</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> <td id="xdx_981_eifrs-full--FinancialAssets_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zKn4h5U8Bfw1" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">63</td> <td id="xdx_98D_eifrs-full--FinancialAssets_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--InvestmentsInEquitySecuritiesNoncurrentMember_zRA8guoBna4c" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">54</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_985_eifrs-full--FinancialAssets_pn6n6_c20251231_zJlDGX7aVv61" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">8,906</td> <td id="xdx_98B_eifrs-full--FinancialAssets_pn6n6_c20241231_zr3mpb5gMpOk" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Financial assets">5,678</td></tr> </table>

7372000000

4953000000

194000000

53000000

9000000

13000000

651000000

537000000

617000000

68000000

63000000

54000000

8906000000

5678000000

<table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfExternalCreditExposureExplanatory_pn6n6_zWXOcV3iSYp2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Financial and capital risk management (Details 12)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of ratings published by Moody's regarding the main financial institutions</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; width: 13%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 24%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Cash and cash equivalents and investment</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Derivatives</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Cash and cash equivalents and investment</td> <td style="border-bottom: #007E7A 1pt solid; width: 21%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Derivatives</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Aa2</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zAcOLAo3DzP9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">721</td> <td id="xdx_984_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zt9gWtllw8Tb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td> <td id="xdx_980_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zqBZADLp8Zj6" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">391</td> <td id="xdx_98A_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Aa2RatingMember_zAxnbjheYBD9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">A1</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_z1y5ktENzZrf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">2,918</td> <td id="xdx_98E_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_zwWmSx9Qxi2g" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">169</td> <td id="xdx_98A_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_zXlXU8Oungg5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1,874</td> <td id="xdx_982_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A1RatingMember_z0TnzxbYpfE5" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">28</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">A2</td> <td id="xdx_98B_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A2RatingMember_ztStNAMYnFvb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A2RatingMember_zh7E8W53OJid" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">520</td> <td id="xdx_987_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A2RatingMember_z1gTd49fbPTf" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">13</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">A3</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zRdwmsL9Mm8j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1,339</td> <td id="xdx_98C_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zo7CStl7akjh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">61</td> <td id="xdx_98F_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zNT7uRqjhp96" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">709</td> <td id="xdx_985_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--A3RatingMember_zq9H2U5gvfg" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">2</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Baa1</td> <td id="xdx_980_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa1RatingMember_zYhABSd5VT7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa1RatingMember_zQdYcgdv7DC9" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Baa2</td> <td id="xdx_98B_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa2RatingMember_zPqbQpdLebT6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">2</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa2RatingMember_zbbQndXj9NZ4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">4</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Baa3</td> <td id="xdx_98C_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa3RatingMember_zGYlRwmlTbE2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">55</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Baa3RatingMember_zlcAL3LJoDAb" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">–</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ba1 (i)</td> <td id="xdx_98E_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zcIHbReJF9sc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">1,658</td> <td id="xdx_98A_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zk0SSbGpLNZ4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">198</td> <td id="xdx_987_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zdhll5MihB1c" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">719</td> <td id="xdx_988_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba1RatingMember_zWYOMESjxCf2" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">18</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ba2 (i)</td> <td id="xdx_988_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zBzQUHzn7mqj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">872</td> <td id="xdx_98C_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zbvILy4sRdee" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">188</td> <td id="xdx_989_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zmJnbztIaYd9" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">788</td> <td id="xdx_98D_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember__ifrs-full--ExternalCreditGradesAxis__custom--Ba2RatingMember_zuCFAnJ0kbug" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">6</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td id="xdx_980_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zVcGuGKVxjq2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">7,566</td> <td id="xdx_98F_ecustom--CreditExposures_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zuuatVMcMcU7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">617</td> <td id="xdx_984_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__custom--CashAndCashEquivalentsCurrentMember_zf52VmbovPV" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">5,006</td> <td id="xdx_98D_ecustom--CreditExposures_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialAssetsAxis__ifrs-full--DerivativesMember_zp7VDpNymTM3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Credit exposure">68</td></tr> </table> (i) A substantial part of the balances is held with financial institutions in Brazil which are deemed investment grade in local currency. 721000000 1000000 391000000 1000000 2918000000 169000000 1874000000 28000000 1000000 520000000 13000000 1339000000 61000000 709000000 2000000 1000000 2000000 4000000 55000000 1658000000 198000000 719000000 18000000 872000000 188000000 788000000 6000000 7566000000 617000000 5006000000 68000000

<p id="xdx_845_eifrs-full--DescriptionOfAccountingPolicyForDerivativeFinancialInstrumentsAndHedgingExplanatory_zWDRhjwo69Zh" style="font: 10pt/120% Vale Sans,sans-serif; margin: 0 0 10pt; text-align: justify; color: #555555">The Company uses financial instruments to hedge its exposure to certain market risks arising from operational, financing and investing activities. Derivatives are included within financial assets or liabilities at fair value through profit or loss unless they are designated as effective hedging instruments (hedge accounting). At the beginning of the hedge operations, the Company documents the type of hedge, the relation between the hedging instrument and hedged items, its risk management objective and strategy for undertaking hedge operations. The Company also documents, both at hedge inception and on an ongoing basis that the hedge is expected to continue to be highly effective. The Company has elected to adopt the new general hedge accounting model in IFRS 9 and designates certain derivatives as either:

Cash flow hedge - The effective portion of changes in the fair value of derivatives that are designated and qualify as cash flow hedges is recognized in equity within "Unrealized fair value gain (losses)". The gain or loss relating to the ineffective portion is recognized immediately in the income statement. When a hedging instrument expires or is sold, or when a hedge no longer meets the criteria for hedge accounting, any cumulative gain or loss existing in equity at that time remains in equity and is recognized in profit or loss when the transaction is recognized in the income statement. Net investment hedge - Hedges of net investments in foreign operations are accounted for similarly to cash flow hedges. Any gain or loss on the hedging instrument relating to the effective portion of the hedge is recognized in equity within "Cumulative translation adjustments". The gain or loss relating to the ineffective portion is recognized immediately in the income statement. Gains and losses accumulated in equity are included in the statement of income when the foreign operation is partially or fully disposed of or sold. Derivatives at fair value through profit or loss - Certain derivative instruments do not qualify for hedge accounting. Changes in the fair value of any of these derivative instruments are recognized immediately in the income statement. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">The fair values of financial instruments that are not traded in active markets are determined using valuation techniques. Vale uses its own judgment to choose between the various methods. Assumptions are based on the market conditions, at the end of the year. An analysis of the impact if actual results are different from management's estimates is present under “Sensitivity analysis of derivative financial instruments”.</td></tr> </table>

21. Loans and borrowings a) Outstanding balance of loans and borrowings by type and currency <table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn6n6_zRJ9QjCdHPAl" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Loans and borrowings (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of total debt</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Current liabilities</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Non-current liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 40%; font-family: Times New Roman,serif"> </td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Average interest rate (i)</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Quoted in the secondary market:</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">US$ Bonds </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_fKGkp_zu9V74Jshiub" title="Borrowings, interest rate">6.05%</td> <td id="xdx_984_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zKiGbYXirFO6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">–</td> <td id="xdx_980_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zzIw4x6Hhh2b" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">–</td> <td id="xdx_98A_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zjZVq4M1GhEc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">7,607</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zRBXSfP04FZ8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">7,187</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">R$ Debentures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_fKGkpKGlpKQ_____zVBLfaD55jy6" title="Borrowings, interest rate">7.22%</td> <td id="xdx_981_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_zxojTORG5yic" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">57</td> <td id="xdx_986_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_z3wRcFNXnXE2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">68</td> <td id="xdx_982_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_zS8gzlaPK0Q3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">2,286</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_fKGlpKQ_____zv3CknQzuqe5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">1,191</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Debt contracts in Brazil in (ii):</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">R$, indexed to TJLP, TR, IPCA, IGP-M and CDI</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_fKGkpKGlpaSk___zApZF0jM9NDf" title="Borrowings, interest rate">9.88%</td> <td id="xdx_987_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_zZJ11p9XHBo4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">44</td> <td id="xdx_98A_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_zFLZUTn3AfJ9" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">41</td> <td id="xdx_987_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_zqg91Wd41kg9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">89</td> <td id="xdx_988_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_fKGlpaSk___z7ajk96iZSLg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">143</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Basket of currencies and bonds in US$ indexed to SOFR</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--SOFRMember_fKGkpKGlpaSk___zlVDhONUVxSi" title="Borrowings, interest rate">5.72%</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--SOFRMember_zjxOfsayG6F5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">150</td> <td id="xdx_984_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--SOFRMember_fKGlpaSk___zOd9q78Ukivb" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">150</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Debt contracts in the international market in:</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">US$, with variable and fixed interest</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_fKGkp_zeqOhuuDWFjf" title="Borrowings, interest rate">5.09%</td> <td id="xdx_98C_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_zYXlvYomCuPh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">205</td> <td id="xdx_98F_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_z8ApqRKyDNb5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">716</td> <td id="xdx_980_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_zgF8O55LvfP" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">6,944</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_zfhI4xQDAh58" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">5,042</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other currencies, with fixed interest</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_fKGkp_z5PBjob5slOc" title="Borrowings, interest rate">4.79%</td> <td id="xdx_98A_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zr1zN9phda57" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">12</td> <td id="xdx_98D_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zV00Fnl4LxT" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">11</td> <td id="xdx_98F_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znaTt3NFQUK8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">43</td> <td id="xdx_986_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zWFWyyLWx7se" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">50</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other currencies, with variable interest</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_fKGkp_zCrMacVHq7i" title="Borrowings, interest rate">2.76%</td> <td id="xdx_983_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_z6iDrJ74ECP2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">5</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_zscC6ssVKgxf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">497</td> <td id="xdx_98A_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_z8J9KxMRg0Ie" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">9</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accrued charges</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98B_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsAccruedCharges_iI_pn6n6_c20251231_zbS7d4Npd4z" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accrued charges">195</td> <td id="xdx_98E_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsAccruedCharges_iI_pn6n6_c20241231_zRdVk2CfetP1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accrued charges">184</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_983_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231_zvebtVEor4Xi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">518</td> <td id="xdx_98E_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231_zHP6Oq9f89Wc" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">1,020</td> <td id="xdx_980_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231_z0RTgo8Ubm6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">17,616</td> <td id="xdx_988_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231_z8PXkmR0mmsk" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">13,772</td></tr> </table> (i) In order to determine the average interest rate for debt contracts with floating rates, the Company used the rate applicable as of December 31, 2025. (ii) The Company entered into derivatives to mitigate the exposure to cash flow variations of all floating rate debt contracted in Brazil, resulting in an average cost of 3.21% per year in US$. The reconciliation of loans and borrowings with the cash flows arising from financing activities is presented in note 24. b) Future flows of principal and interest of loans and borrowings payments <table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--MaturityAnalysisForNonderivativeFinancialLiabilities_pn6n6_zF0dFGrIcmSa" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Loans and borrowings (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of reconciliation of debt to cash flows arising from financing activities</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 56%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; width: 22%; font-family: Times New Roman,serif; text-align: right">Principal</td> <td style="vertical-align: top; width: 22%; padding-right: 2.65pt"> Estimated future interest payments (i) </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2026</td> <td id="xdx_98E_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FiscalYearAfterCurrentFiscalYearMember_zwocp0s7WVXi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">323</td> <td id="xdx_989_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FiscalYearAfterCurrentFiscalYearMember_zNOl4UY7qTS2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">989</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2027</td> <td id="xdx_98B_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--SecondFiscalYearAfterCurrentFiscalYearMember_zGBZT3oz6lV" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">1,700</td> <td id="xdx_983_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--SecondFiscalYearAfterCurrentFiscalYearMember_zg4EHeX4VaP4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">930</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2028</td> <td id="xdx_980_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--ThirdFiscalYearAfterCurrentFiscalYearMember_znvgta984hXa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">986</td> <td id="xdx_98C_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--ThirdFiscalYearAfterCurrentFiscalYearMember_zeI8GdsGqWej" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">882</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2029</td> <td id="xdx_98A_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FourthFiscalYearAfterCurrentFiscalYearMember_zSQikqH9CMN2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">3,457</td> <td id="xdx_989_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FourthFiscalYearAfterCurrentFiscalYearMember_zSDiFayHCgVe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">844</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">From 2030 to 2032</td> <td id="xdx_987_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanFourYearsAndNotLaterThanNineYearsMember_zM0BdRs9S1N9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">3,582</td> <td id="xdx_982_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanFourYearsAndNotLaterThanNineYearsMember_zPvIjd3D1VBe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">1,791</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2033 onwards</td> <td id="xdx_981_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanNineYearsMember_zqODPcCKshY1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">7,891</td> <td id="xdx_983_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanNineYearsMember_z8LTQvaRosT3" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">3,901</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_989_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231_ztI6dqSJZpQ5" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">17,939</td> <td id="xdx_983_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231_zJNYlGOIMdt2" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">9,337</td></tr> </table> (i) Based on interest rate curves and foreign exchange rates applicable as of December 31, 2025 and considering that the payments of principal will be made on their contracted payments dates. The amount includes the estimated interest not yet accrued and the interest already recognized in the annual financial statements. For the year ended in December 31, 2025, 2% of total interest incurred in Loans and borrowings was capitalized (2024: 4%) (note 17). Loan and Borrowing costs that are not capitalized are recognized in the income statement of the year in which they are incurred. c) Covenants As of December 31, 2025, under the terms of certain financial liabilities which has a total carrying amount of US$2,605 (2024: US$2,696), the Company is required to comply with the following financial covenants at the end of each annual reporting period: <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Leverage: The debt must be not more than 4.5x adjusted EBITDA; and</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 10pt; margin-bottom: 10pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">Interest coverage: The adjusted EBITDA must be not less than 2x interest expenses. </td></tr></table> The Company has complied with these covenants as of December 31, 2025, and 2024 and the next measurement date will be at the end of the next annual reporting period. Vale is also subject to non-financial covenants ordinarily used in the market, such as compliance with certain governance and environmental requirements, among others. The Company has complied with these covenants as of December 31, 2025 and 2024. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Loans and borrowings are initially measured at fair value, net of transaction costs incurred and are subsequently carried at amortized cost and updated using the effective interest rate method. Any difference between the proceeds (net of transaction costs) and the redemption value is recognized in the Income statement over the period of the loan, using the effective interest rate method. The fees paid in obtaining the loan are recognized as transaction costs. The Company contracts derivatives to protect its exposure to changes in debt cash flows, changing the average cost of debts that have hedge derivatives contracted. Loans and borrowing costs are capitalized as part of property, plants and equipment if those costs are directly related to a qualified asset. The capitalization occurs until the qualified asset is ready for its intended use. Interest on loans and borrowing not capitalized is recognized in profit or loss for the year when incurred. </td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_89B_eifrs-full--DisclosureOfDetailedInformationAboutBorrowingsExplanatory_pn6n6_zRJ9QjCdHPAl" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Loans and borrowings (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of total debt</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Current liabilities</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Non-current liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 40%; font-family: Times New Roman,serif"> </td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Average interest rate (i)</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Quoted in the secondary market:</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">US$ Bonds </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_fKGkp_zu9V74Jshiub" title="Borrowings, interest rate">6.05%</td> <td id="xdx_984_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zKiGbYXirFO6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">–</td> <td id="xdx_980_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zzIw4x6Hhh2b" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">–</td> <td id="xdx_98A_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zjZVq4M1GhEc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">7,607</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BondMember_zRBXSfP04FZ8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">7,187</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">R$ Debentures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_fKGkpKGlpKQ_____zVBLfaD55jy6" title="Borrowings, interest rate">7.22%</td> <td id="xdx_981_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_zxojTORG5yic" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">57</td> <td id="xdx_986_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_z3wRcFNXnXE2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">68</td> <td id="xdx_982_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_zS8gzlaPK0Q3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">2,286</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--QuotedInSecondaryMarketMember__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--DebenturesMember_fKGlpKQ_____zv3CknQzuqe5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">1,191</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Debt contracts in Brazil in (ii):</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">R$, indexed to TJLP, TR, IPCA, IGP-M and CDI</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_fKGkpKGlpaSk___zApZF0jM9NDf" title="Borrowings, interest rate">9.88%</td> <td id="xdx_987_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_zZJ11p9XHBo4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">44</td> <td id="xdx_98A_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_zFLZUTn3AfJ9" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">41</td> <td id="xdx_987_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_zqg91Wd41kg9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">89</td> <td id="xdx_988_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--TjlpTrIpcaIgpMAndCdiMember_fKGlpaSk___z7ajk96iZSLg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">143</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Basket of currencies and bonds in US$ indexed to SOFR</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--SOFRMember_fKGkpKGlpaSk___zlVDhONUVxSi" title="Borrowings, interest rate">5.72%</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--SOFRMember_zjxOfsayG6F5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">150</td> <td id="xdx_984_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractBrazilMember__ifrs-full--TypesOfInterestRatesAxis__custom--SOFRMember_fKGlpaSk___zOd9q78Ukivb" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">150</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Debt contracts in the international market in:</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">US$, with variable and fixed interest</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_fKGkp_zeqOhuuDWFjf" title="Borrowings, interest rate">5.09%</td> <td id="xdx_98C_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_zYXlvYomCuPh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">205</td> <td id="xdx_98F_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_z8ApqRKyDNb5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">716</td> <td id="xdx_980_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_zgF8O55LvfP" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">6,944</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--CurrencieswithVariableAndFixedInterestMember_zfhI4xQDAh58" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">5,042</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other currencies, with fixed interest</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_fKGkp_z5PBjob5slOc" title="Borrowings, interest rate">4.79%</td> <td id="xdx_98A_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zr1zN9phda57" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">12</td> <td id="xdx_98D_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zV00Fnl4LxT" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">11</td> <td id="xdx_98F_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_znaTt3NFQUK8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">43</td> <td id="xdx_986_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__ifrs-full--FixedInterestRateMember_zWFWyyLWx7se" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">50</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other currencies, with variable interest</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--BorrowingsInterestRate1_iI_pip0_dp_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_fKGkp_zCrMacVHq7i" title="Borrowings, interest rate">2.76%</td> <td id="xdx_983_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_z6iDrJ74ECP2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings. gross">5</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_zscC6ssVKgxf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">497</td> <td id="xdx_98A_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231__ifrs-full--BorrowingsByNameAxis__custom--DebtContractsInternationalMarketsMember__ifrs-full--TypesOfInterestRatesAxis__custom--OtherCurrenciesWithVariableInterestMember_z8J9KxMRg0Ie" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings. gross">9</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Accrued charges</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98B_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsAccruedCharges_iI_pn6n6_c20251231_zbS7d4Npd4z" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accrued charges">195</td> <td id="xdx_98E_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsAccruedCharges_iI_pn6n6_c20241231_zRdVk2CfetP1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Accrued charges">184</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_983_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20251231_zvebtVEor4Xi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">518</td> <td id="xdx_98E_ecustom--CurrentBorrowingsAndCurrentPortionOfNonCurrentBorrowingsGross_iI_pn6n6_c20241231_zHP6Oq9f89Wc" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current borrowings, gross">1,020</td> <td id="xdx_980_ecustom--LongtermBorrowingsGross_iI_pn6n6_c20251231_z0RTgo8Ubm6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">17,616</td> <td id="xdx_988_ecustom--LongtermBorrowingsGross_iI_pn6n6_uUSD_c20241231_z8PXkmR0mmsk" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current portion of non-current borrowings, gross">13,772</td></tr> </table> (i) In order to determine the average interest rate for debt contracts with floating rates, the Company used the rate applicable as of December 31, 2025. (ii) The Company entered into derivatives to mitigate the exposure to cash flow variations of all floating rate debt contracted in Brazil, resulting in an average cost of 3.21% per year in US$.

0.0605 7607000000 7187000000 0.0722 57000000 68000000 2286000000 1191000000 0.0988 44000000 41000000 89000000 143000000 0.0572 150000000 150000000 0.0509 205000000 716000000 6944000000 5042000000 0.0479 12000000 11000000 43000000 50000000 0.0276 5000000 497000000 9000000 195000000 184000000 518000000 1020000000 17616000000 13772000000

<table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--MaturityAnalysisForNonderivativeFinancialLiabilities_pn6n6_zF0dFGrIcmSa" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Loans and borrowings (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of reconciliation of debt to cash flows arising from financing activities</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 56%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; width: 22%; font-family: Times New Roman,serif; text-align: right">Principal</td> <td style="vertical-align: top; width: 22%; padding-right: 2.65pt"> Estimated future interest payments (i) </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2026</td> <td id="xdx_98E_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FiscalYearAfterCurrentFiscalYearMember_zwocp0s7WVXi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">323</td> <td id="xdx_989_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FiscalYearAfterCurrentFiscalYearMember_zNOl4UY7qTS2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">989</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2027</td> <td id="xdx_98B_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--SecondFiscalYearAfterCurrentFiscalYearMember_zGBZT3oz6lV" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">1,700</td> <td id="xdx_983_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--SecondFiscalYearAfterCurrentFiscalYearMember_zg4EHeX4VaP4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">930</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2028</td> <td id="xdx_980_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--ThirdFiscalYearAfterCurrentFiscalYearMember_znvgta984hXa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">986</td> <td id="xdx_98C_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--ThirdFiscalYearAfterCurrentFiscalYearMember_zeI8GdsGqWej" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">882</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2029</td> <td id="xdx_98A_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FourthFiscalYearAfterCurrentFiscalYearMember_zSQikqH9CMN2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">3,457</td> <td id="xdx_989_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--FourthFiscalYearAfterCurrentFiscalYearMember_zSDiFayHCgVe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">844</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">From 2030 to 2032</td> <td id="xdx_987_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanFourYearsAndNotLaterThanNineYearsMember_zM0BdRs9S1N9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">3,582</td> <td id="xdx_982_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanFourYearsAndNotLaterThanNineYearsMember_zPvIjd3D1VBe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">1,791</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">2033 onwards</td> <td id="xdx_981_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanNineYearsMember_zqODPcCKshY1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">7,891</td> <td id="xdx_983_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanNineYearsMember_z8LTQvaRosT3" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">3,901</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_989_ecustom--BorrowingsUndiscountedCashFlows_iI_pn6n6_c20251231_ztI6dqSJZpQ5" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Principal">17,939</td> <td id="xdx_983_ecustom--InterestFuturePaymentsOfBorrowings_iI_pn6n6_c20251231_zJNYlGOIMdt2" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Estimated future interest payments">9,337</td></tr> </table> (i) Based on interest rate curves and foreign exchange rates applicable as of December 31, 2025 and considering that the payments of principal will be made on their contracted payments dates. The amount includes the estimated interest not yet accrued and the interest already recognized in the annual financial statements.

323000000 989000000 1700000000 930000000 986000000 882000000 3457000000 844000000 3582000000 1791000000 7891000000 3901000000 17939000000 9337000000

2605000000

2696000000

Loans and borrowings are initially measured at fair value, net of transaction costs incurred and are subsequently carried at amortized cost and updated using the effective interest rate method. Any difference between the proceeds (net of transaction costs) and the redemption value is recognized in the Income statement over the period of the loan, using the effective interest rate method. The fees paid in obtaining the loan are recognized as transaction costs. The Company contracts derivatives to protect its exposure to changes in debt cash flows, changing the average cost of debts that have hedge derivatives contracted. Loans and borrowing costs are capitalized as part of property, plants and equipment if those costs are directly related to a qualified asset. The capitalization occurs until the qualified asset is ready for its intended use. Interest on loans and borrowing not capitalized is recognized in profit or loss for the year when incurred.

22. Leases a) Right of use <table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--ScheduleOfRightOfUseTableTextBlock_zI4RXFhE5lEb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Leases (Details)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of right of use</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 28%; font-family: Times New Roman,serif"> </td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Additions and contract modifications</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Depreciation and impairments</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Transfer to held for sale (note 31a)</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Translation adjustment</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ports</td> <td id="xdx_980_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_z4fow6fHzbv9" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">51</td> <td id="xdx_983_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zscHAZv8uOpd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">(8)</td> <td id="xdx_98E_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zARU0nzgs7t3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(21)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zvAJVpdiQov1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td id="xdx_983_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zGLN7xYMDICd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">26</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vessels</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zXVMZax6bQdj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">353</td> <td id="xdx_982_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zv91SoURFfs5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">44</td> <td id="xdx_98D_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zIr6rbMUjqv3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(52)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zMkJRAcCEHId" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">345</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pelletizing plants</td> <td id="xdx_981_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zyey6Jbe3HPe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">109</td> <td id="xdx_987_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zAo9zC0dLxgk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_980_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zYNh0yhjU1Sh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(32)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zSSeVulRoiE3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">13</td> <td id="xdx_986_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zq2OsICqPDpb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">90</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Properties</td> <td id="xdx_98D_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z8EX4Nel7yLf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">94</td> <td id="xdx_98C_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z0w4J67fFeMl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">31</td> <td id="xdx_981_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zlspPZx2H3n9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(17)</td> <td id="xdx_98E_ecustom--TransferToHeldForSaleRightOfUse_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zajb9nK8sh6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_985_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zsLLCl3NAGKc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">12</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zDRVowyqSGvd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">83</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy plants</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zfRWSl1wabD" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">28</td> <td id="xdx_989_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zmqNiOGmdaKk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_98B_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zbXIgoKuPrMk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(7)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zwhio0AbQqJ" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">21</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_98F_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zuYQcFVx2Zh7" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">25</td> <td id="xdx_988_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zLtZm6RFxBU6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">29</td> <td id="xdx_988_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zGHRA2S9kPwc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(12)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_znjXSFAtRm9f" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">42</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_981_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231_zRgylprjdS36" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">660</td> <td id="xdx_98F_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231_zM6UVTU3ueW8" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">96</td> <td id="xdx_986_eifrs-full--DepreciationRightofuseAssets_iN_pn6n6_di_c20250101__20251231_z0a9dTVpAGs6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(141)</td> <td id="xdx_98A_ecustom--TransferToHeldForSaleRightOfUse_pn6n6_c20250101__20251231_zULP3k7jNBWc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_982_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231_zp6xMzzIk8Si" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">29</td> <td id="xdx_984_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231_z7kMAiF5pcCg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">607</td></tr> </table> b) Leases liabilities <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfLeaseLiabilitiesTableTextBlock_z6iJAPnKrDHh" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Leases (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of lease liabilities</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 23%; font-family: Times New Roman,serif"> </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Additions and contract modifications </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Payments (i)</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Interest</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Transfer to held for sale (note 31a)</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Translation adjustment</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ports</td> <td id="xdx_98A_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zsluvT1IXo7k" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">54</td> <td id="xdx_985_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_z8kTwcVTOWTb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">(8)</td> <td id="xdx_98D_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zPFBSad9Ii4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(21)</td> <td id="xdx_98A_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zERY5Nne7wyf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">2</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zjjQ58HvOGdf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zi90RGyrBQqi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">31</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vessels</td> <td id="xdx_989_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zcHEHmFt8fb" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">356</td> <td id="xdx_987_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zA8iQtCG1mij" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">44</td> <td id="xdx_987_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zaXD0qt2e2ob" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(65)</td> <td id="xdx_98C_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zu6WzMYz3Qo" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">13</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zDkjmtXcYz6i" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">2</td> <td id="xdx_98E_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zbKmvnULgn07" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">350</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pelletizing plants</td> <td id="xdx_98D_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_z903JEMlUIs1" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">126</td> <td id="xdx_987_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_z4jTnUxdkdPg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_98F_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zBIDhciosjda" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(51)</td> <td id="xdx_98C_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zEp9dYxS7uw" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">6</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zVTCGPo1CUnb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">16</td> <td id="xdx_98B_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zi5brr6MFOXh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">97</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Properties</td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zgnWpnu6GIod" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">107</td> <td id="xdx_98C_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zucYgoEqrmAa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">31</td> <td id="xdx_98C_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z0x52dl2RqJa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(20)</td> <td id="xdx_980_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zIV3V5mXZQZ9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">5</td> <td id="xdx_986_ecustom--TransferToHeldForSaleLeasesLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z2ceiP5DGq35" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_989_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zwZRSwy9ypU6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">11</td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zzQfIrpML6Bl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">97</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy plants</td> <td id="xdx_983_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_z1SwpXlAKtgl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">43</td> <td id="xdx_98C_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zO069G3xLm01" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_986_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zOts9O67f2K1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(3)</td> <td id="xdx_98F_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zFc1x4kdokVc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">3</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98B_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zHCctoCaw8E3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">43</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_988_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zhbDfRXgDWyh" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">27</td> <td id="xdx_98F_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zYIu4jQaWu32" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">29</td> <td id="xdx_983_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_ze3iqFZDN8r" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(14)</td> <td id="xdx_982_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zxi5xcOhSVbk" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">2</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zoVgLENZ0C58" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">6</td> <td id="xdx_98D_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zWECNxBnnX8g" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">50</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_985_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231_zDTNDP87IMC9" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">713</td> <td id="xdx_981_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231_zKxzhBJxxrU2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">96</td> <td id="xdx_98D_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231_zzE2v46TBKTf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(174)</td> <td id="xdx_981_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231_ztqwyVuryeDg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">31</td> <td id="xdx_98E_ecustom--TransferToHeldForSaleLeasesLiabilities_pn6n6_c20250101__20251231_zbca63ALisy4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_98F_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231_zn28owH6ZjZ7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">39</td> <td id="xdx_980_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231_zeJPk9PEvQrk" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">668</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_982_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_zwTxf7lWRcE7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">147</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_986_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_zcRkklz67QR4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">160</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_984_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_zJCh8bUL95G3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">566</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_984_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_znabV60TBvm6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">508</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_980_ecustom--LeaseLiabilitiesNet_iI_pn6n6_c20241231_zDaM92fdLpcl" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities">713</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_985_ecustom--LeaseLiabilitiesNet_iI_pn6n6_c20251231_z4UESTLzz6q2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities">668</td></tr> </table> (i) The total amount of the variable lease payments not included in the measurement of lease liabilities was US$94 recorded in the income statement for the year ended December 31, 2025 (2024 and 2023: US$253 and US$112, respectively). Annual minimum payments and remaining lease term The following table presents the undiscounted lease obligation by maturity date. The lease liability recognized in the statement of financial position is measured at the present value of such obligations. <table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory_pn6n6_zpD3g4Hai8Ol" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Leases (Details 2)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of summary of annual minimum payments related</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 18%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2028</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2029</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2030 onwards</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Remaining term (years)</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Discount rate</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ports</td> <td id="xdx_987_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCqc4gUttKdf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">14</td> <td id="xdx_983_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zEltHOIM4Reg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> <td id="xdx_98C_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z9B3VeknZXT3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">1</td> <td id="xdx_98D_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z1wIgxBzajf7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">1</td> <td id="xdx_98C_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zxoWmWaNmFm6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">16</td> <td id="xdx_98E_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_z0MohlIfF5P" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">33</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zoKHAkuNsQ45" title="Average Remaining Term">1 to <span id="xdx_90B_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z52UzOWKsWFg" title="Average Remaining Term">17</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zD2bGehTA4X2" title="Discount rate">4% to <span id="xdx_901_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zru55aE0eFu7" title="Discount rate">5%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vessels</td> <td id="xdx_98D_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zvSYZrpE7K02" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">71</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zxMUvVsHmrH" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">70</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zgdNpNf7NVdg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">59</td> <td id="xdx_982_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z19QR67OOKXk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">50</td> <td id="xdx_981_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_z6psJ4rRkpd7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">138</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember_zgC7JkqlaYh1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">388</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zXWBP826nbpg" title="Average Remaining Term">1 to <span id="xdx_90B_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zz7GIFDiOSci" title="Average Remaining Term">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWqibHEEJkua" title="Discount rate">3% to <span id="xdx_907_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zVCd6K3ro0p5" title="Discount rate">4%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pelletizing plants</td> <td id="xdx_988_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zdKwNtUiGcg7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">37</td> <td id="xdx_981_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_z9dnFdUfmji2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">26</td> <td id="xdx_989_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1dGaIjbvX84" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">23</td> <td id="xdx_98C_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_zC15bq63QT6l" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">6</td> <td id="xdx_983_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zeKlWmEnj7T5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">21</td> <td id="xdx_98F_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember_z2ipatzrNu78" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">113</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zxCM9bClkQjl" title="Average Remaining Term">1 to <span id="xdx_90B_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zw44YGrSRd96" title="Average Remaining Term">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zrYOohlwVfsg" title="Discount rate">2% to <span id="xdx_90F_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zu1chlzPCZCc" title="Discount rate">5%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Properties</td> <td id="xdx_987_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zf2YepB4ua58" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zUyUOxXtNjj9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21</td> <td id="xdx_980_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zKJZLtefXeDj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">20</td> <td id="xdx_982_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_ztM7blYOQh5h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">15</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_z60OQ9FBwkTd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">31</td> <td id="xdx_983_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_ztNadCu5T8L3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">109</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zPm249HgPaU4" title="Average Remaining Term">1 to <span id="xdx_900_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zdjVdG1GEPH8" title="Average Remaining Term">13</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zaujOeQDLG4l" title="Discount rate">2% to <span id="xdx_90E_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zHjCFoyFSBuk" title="Discount rate">6%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy plants</td> <td id="xdx_989_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zDUVNepgc637" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6</td> <td id="xdx_98A_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDL0FlqvYl36" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5</td> <td id="xdx_98B_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zoJfYLDnMSO1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">5</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_zbbx5n4NWj91" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">5</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zAHmh1qFxwzg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">29</td> <td id="xdx_98D_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zmu7D0EsVNHf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">50</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z8HkmqT0oflh" title="Average Remaining Term">1 to <span id="xdx_900_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z0lessLaPvRf" title="Average Remaining Term">4</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5%</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNnptf54MOmk" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">19</td> <td id="xdx_987_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_z7qS7tryvegi" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">14</td> <td id="xdx_98E_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zLGWkNTv8XY1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">10</td> <td id="xdx_98A_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z16PbuPpdoWh" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">6</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zOP75LmE7s44" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">3</td> <td id="xdx_98E_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zKaGihvx3KEg" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">52</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z4jqvWkXk7Ye" title="Average Remaining Term">1 to <span id="xdx_905_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zTOQc3dL30vh" title="Average Remaining Term">4</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zokZfTRZUCB2" title="Discount rate">3% to <span id="xdx_905_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z8E9wOrcDPlk" title="Discount rate">6%</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_980_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zUzg1crJnlfh" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">169</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zPgZyZy0jL66" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">137</td> <td id="xdx_98F_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zMEp1sRjBf3j" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">118</td> <td id="xdx_988_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z8ADkkG9Zggj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">83</td> <td id="xdx_98A_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zC1E4Yu9bxX2" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">238</td> <td id="xdx_981_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231_zQL7jOczuwSb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">745</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the lease term or the end of the useful life of the right-of-use asset. The Company does not recognize right-of-use assets and liabilities for leases with less than 12 months of lease term and/or leases of low-value assets. The payments associated to these leases are recognized as an expense on a straight-line basis over the lease term. The lease liability is initially measured at the present value of the lease payments, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. Lease payments included in the measurement of the lease liability comprise: (i) fixed payments, including in-substance fixed payments; (ii) variable lease payments that depend on an index or a rate; and (iii) the exercise price under a purchase option or renewal option that are under the Company’s control and is reasonably certain to be exercised. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate. When the lease liability is remeasured, a corresponding adjustment is made to the carrying amount of the right-of-use asset or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. Leases</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--ScheduleOfRightOfUseTableTextBlock_zI4RXFhE5lEb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Leases (Details)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of right of use</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 28%; font-family: Times New Roman,serif"> </td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Additions and contract modifications</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Depreciation and impairments</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Transfer to held for sale (note 31a)</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">Translation adjustment</td> <td style="width: 12%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ports</td> <td id="xdx_980_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_z4fow6fHzbv9" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">51</td> <td id="xdx_983_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zscHAZv8uOpd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">(8)</td> <td id="xdx_98E_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zARU0nzgs7t3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(21)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zvAJVpdiQov1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td id="xdx_983_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zGLN7xYMDICd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">26</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vessels</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zXVMZax6bQdj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">353</td> <td id="xdx_982_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zv91SoURFfs5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">44</td> <td id="xdx_98D_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zIr6rbMUjqv3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(52)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zMkJRAcCEHId" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">345</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pelletizing plants</td> <td id="xdx_981_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zyey6Jbe3HPe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">109</td> <td id="xdx_987_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zAo9zC0dLxgk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_980_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zYNh0yhjU1Sh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(32)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zSSeVulRoiE3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">13</td> <td id="xdx_986_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zq2OsICqPDpb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">90</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Properties</td> <td id="xdx_98D_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z8EX4Nel7yLf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">94</td> <td id="xdx_98C_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z0w4J67fFeMl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">31</td> <td id="xdx_981_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zlspPZx2H3n9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(17)</td> <td id="xdx_98E_ecustom--TransferToHeldForSaleRightOfUse_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zajb9nK8sh6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_985_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zsLLCl3NAGKc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">12</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zDRVowyqSGvd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">83</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy plants</td> <td id="xdx_98B_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zfRWSl1wabD" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">28</td> <td id="xdx_989_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zmqNiOGmdaKk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_98B_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zbXIgoKuPrMk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(7)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zwhio0AbQqJ" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">21</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_98F_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zuYQcFVx2Zh7" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">25</td> <td id="xdx_988_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zLtZm6RFxBU6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">29</td> <td id="xdx_988_eifrs-full--DepreciationRightofuseAssets_iN_di_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zGHRA2S9kPwc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(12)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_znjXSFAtRm9f" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">42</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_981_ecustom--RightOfUseLeases_iS_pn6n6_c20250101__20251231_zRgylprjdS36" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, beginning">660</td> <td id="xdx_98F_ecustom--AdditionsAndContractModificationsLeaseRightUseAssets_pn6n6_c20250101__20251231_zM6UVTU3ueW8" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">96</td> <td id="xdx_986_eifrs-full--DepreciationRightofuseAssets_iN_pn6n6_di_c20250101__20251231_z0a9dTVpAGs6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Depreciation">(141)</td> <td id="xdx_98A_ecustom--TransferToHeldForSaleRightOfUse_pn6n6_c20250101__20251231_zULP3k7jNBWc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_982_ecustom--TranslationAdjustmentRightOfUseAssets_pn6n6_c20250101__20251231_zp6xMzzIk8Si" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">29</td> <td id="xdx_984_ecustom--RightOfUseLeases_iE_pn6n6_c20250101__20251231_z7kMAiF5pcCg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Right of use, ending">607</td></tr> </table> 51000000 -8000000

21000000

4000000 26000000 353000000 44000000

52000000

345000000 109000000

32000000

13000000 90000000 94000000 31000000

17000000

-37000000 12000000 83000000 28000000

7000000

21000000 25000000 29000000

12000000

42000000 660000000 96000000

141000000

-37000000 29000000 607000000 <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfLeaseLiabilitiesTableTextBlock_z6iJAPnKrDHh" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Leases (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of lease liabilities</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 23%; font-family: Times New Roman,serif"> </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Additions and contract modifications </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Payments (i)</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Interest</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Transfer to held for sale (note 31a)</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Translation adjustment</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ports</td> <td id="xdx_98A_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zsluvT1IXo7k" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">54</td> <td id="xdx_985_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_z8kTwcVTOWTb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">(8)</td> <td id="xdx_98D_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zPFBSad9Ii4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(21)</td> <td id="xdx_98A_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zERY5Nne7wyf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">2</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zjjQ58HvOGdf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_zi90RGyrBQqi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">31</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vessels</td> <td id="xdx_989_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zcHEHmFt8fb" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">356</td> <td id="xdx_987_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zA8iQtCG1mij" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">44</td> <td id="xdx_987_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zaXD0qt2e2ob" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(65)</td> <td id="xdx_98C_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zu6WzMYz3Qo" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">13</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zDkjmtXcYz6i" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">2</td> <td id="xdx_98E_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--VesselsMember_zbKmvnULgn07" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">350</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pelletizing plants</td> <td id="xdx_98D_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_z903JEMlUIs1" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">126</td> <td id="xdx_987_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_z4jTnUxdkdPg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_98F_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zBIDhciosjda" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(51)</td> <td id="xdx_98C_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zEp9dYxS7uw" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">6</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zVTCGPo1CUnb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">16</td> <td id="xdx_98B_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletizingPlantsMember_zi5brr6MFOXh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">97</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Properties</td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zgnWpnu6GIod" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">107</td> <td id="xdx_98C_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zucYgoEqrmAa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">31</td> <td id="xdx_98C_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z0x52dl2RqJa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(20)</td> <td id="xdx_980_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zIV3V5mXZQZ9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">5</td> <td id="xdx_986_ecustom--TransferToHeldForSaleLeasesLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_z2ceiP5DGq35" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_989_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zwZRSwy9ypU6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">11</td> <td id="xdx_98C_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_zzQfIrpML6Bl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">97</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy plants</td> <td id="xdx_983_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_z1SwpXlAKtgl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">43</td> <td id="xdx_98C_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zO069G3xLm01" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">–</td> <td id="xdx_986_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zOts9O67f2K1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(3)</td> <td id="xdx_98F_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zFc1x4kdokVc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">3</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98B_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zHCctoCaw8E3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">43</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_988_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zhbDfRXgDWyh" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">27</td> <td id="xdx_98F_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zYIu4jQaWu32" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">29</td> <td id="xdx_983_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_ze3iqFZDN8r" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(14)</td> <td id="xdx_982_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zxi5xcOhSVbk" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">2</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zoVgLENZ0C58" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">6</td> <td id="xdx_98D_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zWECNxBnnX8g" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">50</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_985_eifrs-full--LeaseLiabilities_iS_pn6n6_c20250101__20251231_zDTNDP87IMC9" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, beginning">713</td> <td id="xdx_981_ecustom--AdditionsAndContractModificationsLeaseLiabilities_pn6n6_c20250101__20251231_zKxzhBJxxrU2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and contact modifications">96</td> <td id="xdx_98D_ecustom--PaymentsOfLeaseLiabilities_pn6n6_c20250101__20251231_zzE2v46TBKTf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment">(174)</td> <td id="xdx_981_ecustom--InterestExpenseOnLeaseLiability_pn6n6_c20250101__20251231_ztqwyVuryeDg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest">31</td> <td id="xdx_98E_ecustom--TransferToHeldForSaleLeasesLiabilities_pn6n6_c20250101__20251231_zbca63ALisy4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale">(37)</td> <td id="xdx_98F_ecustom--TranslationAdjustmentLeaseLiabilities_pn6n6_c20250101__20251231_zn28owH6ZjZ7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">39</td> <td id="xdx_980_eifrs-full--LeaseLiabilities_iE_pn6n6_c20250101__20251231_zeJPk9PEvQrk" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities, ending">668</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_982_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_zwTxf7lWRcE7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">147</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_986_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_zcRkklz67QR4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">160</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_984_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_zJCh8bUL95G3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">566</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_984_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--LiabilitiesArisingFromFinancingActivitiesAxis__ifrs-full--LeaseLiabilitiesMember_znabV60TBvm6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">508</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_980_ecustom--LeaseLiabilitiesNet_iI_pn6n6_c20241231_zDaM92fdLpcl" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities">713</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td id="xdx_985_ecustom--LeaseLiabilitiesNet_iI_pn6n6_c20251231_z4UESTLzz6q2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Lease liabilities">668</td></tr> </table> (i) The total amount of the variable lease payments not included in the measurement of lease liabilities was US$94 recorded in the income statement for the year ended December 31, 2025 (2024 and 2023: US$253 and US$112, respectively).

54000000

-8000000 -21000000 2000000 4000000

31000000

356000000

44000000 -65000000 13000000 2000000

350000000

126000000

-51000000 6000000 16000000

97000000

107000000

31000000 -20000000 5000000 -37000000 11000000

97000000

43000000

-3000000 3000000

43000000

27000000

29000000 -14000000 2000000 6000000

50000000

713000000

96000000 -174000000 31000000 -37000000 39000000

668000000

147000000

160000000

566000000

508000000

713000000 668000000

<table cellpadding="0" cellspacing="0" id="xdx_892_eifrs-full--DisclosureOfMaturityAnalysisOfOperatingLeasePaymentsExplanatory_pn6n6_zpD3g4Hai8Ol" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Leases (Details 2)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of summary of annual minimum payments related</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 18%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2026</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2027</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2028</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2029</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2030 onwards</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Remaining term (years)</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Discount rate</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Ports</td> <td id="xdx_987_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zCqc4gUttKdf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">14</td> <td id="xdx_983_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zEltHOIM4Reg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> <td id="xdx_98C_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z9B3VeknZXT3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">1</td> <td id="xdx_98D_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z1wIgxBzajf7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">1</td> <td id="xdx_98C_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zxoWmWaNmFm6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">16</td> <td id="xdx_98E_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember_z0MohlIfF5P" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">33</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zoKHAkuNsQ45" title="Average Remaining Term">1 to <span id="xdx_90B_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z52UzOWKsWFg" title="Average Remaining Term">17</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zD2bGehTA4X2" title="Discount rate">4% to <span id="xdx_901_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PortsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zru55aE0eFu7" title="Discount rate">5%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vessels</td> <td id="xdx_98D_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zvSYZrpE7K02" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">71</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zxMUvVsHmrH" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">70</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zgdNpNf7NVdg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">59</td> <td id="xdx_982_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z19QR67OOKXk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">50</td> <td id="xdx_981_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_z6psJ4rRkpd7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">138</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember_zgC7JkqlaYh1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">388</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zXWBP826nbpg" title="Average Remaining Term">1 to <span id="xdx_90B_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zz7GIFDiOSci" title="Average Remaining Term">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zWqibHEEJkua" title="Discount rate">3% to <span id="xdx_907_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--ShipsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zVCd6K3ro0p5" title="Discount rate">4%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Pelletizing plants</td> <td id="xdx_988_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zdKwNtUiGcg7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">37</td> <td id="xdx_981_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_z9dnFdUfmji2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">26</td> <td id="xdx_989_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_z1dGaIjbvX84" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">23</td> <td id="xdx_98C_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_zC15bq63QT6l" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">6</td> <td id="xdx_983_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zeKlWmEnj7T5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">21</td> <td id="xdx_98F_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember_z2ipatzrNu78" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">113</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zxCM9bClkQjl" title="Average Remaining Term">1 to <span id="xdx_90B_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zw44YGrSRd96" title="Average Remaining Term">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zrYOohlwVfsg" title="Discount rate">2% to <span id="xdx_90F_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PelletsPlantsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zu1chlzPCZCc" title="Discount rate">5%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Properties</td> <td id="xdx_987_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zf2YepB4ua58" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zUyUOxXtNjj9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21</td> <td id="xdx_980_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zKJZLtefXeDj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">20</td> <td id="xdx_982_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_ztM7blYOQh5h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">15</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_z60OQ9FBwkTd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">31</td> <td id="xdx_983_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember_ztNadCu5T8L3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">109</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zPm249HgPaU4" title="Average Remaining Term">1 to <span id="xdx_900_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zdjVdG1GEPH8" title="Average Remaining Term">13</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zaujOeQDLG4l" title="Discount rate">2% to <span id="xdx_90E_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--PropertiesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zHjCFoyFSBuk" title="Discount rate">6%</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Energy plants</td> <td id="xdx_989_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zDUVNepgc637" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6</td> <td id="xdx_98A_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zDL0FlqvYl36" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5</td> <td id="xdx_98B_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zoJfYLDnMSO1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">5</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_zbbx5n4NWj91" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">5</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zAHmh1qFxwzg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">29</td> <td id="xdx_98D_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember_zmu7D0EsVNHf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">50</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z8HkmqT0oflh" title="Average Remaining Term">1 to <span id="xdx_900_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--EnergyPlantsMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z0lessLaPvRf" title="Average Remaining Term">4</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5%</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zNnptf54MOmk" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">19</td> <td id="xdx_987_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_z7qS7tryvegi" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">14</td> <td id="xdx_98E_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zLGWkNTv8XY1" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">10</td> <td id="xdx_98A_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z16PbuPpdoWh" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">6</td> <td id="xdx_985_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zOP75LmE7s44" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">3</td> <td id="xdx_98E_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember_zKaGihvx3KEg" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">52</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z4jqvWkXk7Ye" title="Average Remaining Term">1 to <span id="xdx_905_ecustom--AverageRemainingTerm_dtY_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zTOQc3dL30vh" title="Average Remaining Term">4</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zokZfTRZUCB2" title="Discount rate">3% to <span id="xdx_905_ecustom--DiscountRate_pip0_dp_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z8E9wOrcDPlk" title="Discount rate">6%</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_980_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zUzg1crJnlfh" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">169</td> <td id="xdx_986_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zPgZyZy0jL66" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">137</td> <td id="xdx_98F_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zMEp1sRjBf3j" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">118</td> <td id="xdx_988_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_z8ADkkG9Zggj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">83</td> <td id="xdx_98A_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__custom--LaterThanFourYearsMember_zC1E4Yu9bxX2" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">238</td> <td id="xdx_981_ecustom--UndiscountedOperatingLeasePayments_iI_pn6n6_c20251231_zQL7jOczuwSb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Annual minimum payments">745</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td></tr> </table>

14000000 1000000 1000000 1000000 16000000 33000000 P1Y P17Y 0.04 0.05 71000000 70000000 59000000 50000000 138000000 388000000 P1Y P7Y 0.03 0.04 37000000 26000000 23000000 6000000 21000000 113000000 P1Y P7Y 0.02 0.05 22000000 21000000 20000000 15000000 31000000 109000000 P1Y P13Y 0.02 0.06 6000000 5000000 5000000 5000000 29000000 50000000 P1Y P4Y 0.05 19000000 14000000 10000000 6000000 3000000 52000000 P1Y P4Y 0.03 0.06 169000000 137000000 118000000 83000000 238000000 745000000 The Company recognizes a right-of-use asset and a lease liability at the lease commencement date. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement date. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the lease term or the end of the useful life of the right-of-use asset. The Company does not recognize right-of-use assets and liabilities for leases with less than 12 months of lease term and/or leases of low-value assets. The payments associated to these leases are recognized as an expense on a straight-line basis over the lease term. The lease liability is initially measured at the present value of the lease payments, discounted using the interest rate implicit in the lease or, if that rate cannot be readily determined, the Company’s incremental borrowing rate. Lease payments included in the measurement of the lease liability comprise: (i) fixed payments, including in-substance fixed payments; (ii) variable lease payments that depend on an index or a rate; and (iii) the exercise price under a purchase option or renewal option that are under the Company’s control and is reasonably certain to be exercised. The lease liability is measured at amortized cost using the effective interest method. It is remeasured when there is a change in future lease payments arising from a change in an index or rate. When the lease liability is remeasured, a corresponding adjustment is made to the carrying amount of the right-of-use asset or is recorded in profit or loss if the carrying amount of the right-of-use asset has been reduced to zero. Leases 23. Other financial assets and liabilities <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfOtherFinancialAssetsAndLiabilitiesTableTextBlock_pn6n6_z17SJ53bGgC9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Other financial assets and liabilities (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of other financial assets and liabilities</td> <td style="vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-Current</td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial assets</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Restricted cash</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_981_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231_z9OA1quOfa5c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash non current">9</td> <td id="xdx_984_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231_z6NwRMpOYzOi" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash non current">13</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19</td> <td id="xdx_989_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231_zZcjdUaPhre4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">414</td> <td id="xdx_98E_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231_z2p9P66EhXC9" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">53</td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn6n6_c20251231_zILW9ppCsDdh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments non current">203</td> <td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn6n6_c20241231_zvLzcB5ty0Xc" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments non current">15</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_98D_ecustom--InvestmentsInEquitySecuritiesNonCurrent_iI_pn6n6_c20251231_zXLqR36AE0cc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in equity securities non current">63</td> <td id="xdx_982_ecustom--InvestmentsInEquitySecuritiesNonCurrent_iI_pn6n6_c20241231_z3kTqZxLyW3b" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in equity securities non current">54</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans - Related parties</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td id="xdx_987_ecustom--LoansRelatedPartiesCurrent_iI_pn6n6_c20251231_zuOVmAg6L5a8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans related parties current">43</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_98C_ecustom--LoansRelatedPartiesNoncurrent_iI_pn6n6_c20251231_zyrnHa9tLjKg" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans related parties non current">207</td> <td id="xdx_98C_ecustom--LoansRelatedPartiesNoncurrent_iI_pn6n6_c20241231_zf5Eq34uSKTi" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans related parties non current">149</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98A_eifrs-full--OtherCurrentFinancialAssets_iI_pn6n6_c20251231_zyX3sCCbFtDl" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets - Current">457</td> <td id="xdx_980_eifrs-full--OtherCurrentFinancialAssets_pn6n6_c20241231_z2egJLwiuCL2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets - Current">53</td> <td id="xdx_984_eifrs-full--OtherNoncurrentFinancialAssets_iI_pn6n6_c20251231_z5fVDZc82gD4" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets non current">482</td> <td id="xdx_985_eifrs-full--OtherNoncurrentFinancialAssets_iI_pn6n6_c20241231_zQQUcdJGtb7a" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets non current">231</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19</td> <td id="xdx_98B_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231_zFw38JS6EcQb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">94</td> <td id="xdx_98E_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231_zvHlH5SujITe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">197</td> <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231_z4MCD08RekJ4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title=" Derivative financial instruments non current">52</td> <td id="xdx_982_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231_zZGUCfluhb01" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title=" Derivative financial instruments non current">428</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinated notes</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(a)</td> <td id="xdx_98F_ecustom--SubordinatedNotesCurrent_iI_pn6n6_c20251231_zWKwHFTzcAg9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Subordinated notes current">4</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_980_ecustom--SubordinatedNotesNonCurrent_iI_pn6n6_c20251231_zP4JabBYaVAl" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Subordinated notes non current">741</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders’ debentures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_988_ecustom--ParticipativeShareholdersDebenturesNonCurrent_iI_pn6n6_c20251231_z9YiZpwLzoLh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Participative shareholders debentures non current">2,254</td> <td id="xdx_98C_ecustom--ParticipativeShareholdersDebenturesNonCurrent_iI_pn6n6_c20241231_zj4cBW3mpFug" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Participative shareholders debentures non current">2,217</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities - Related parties </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td id="xdx_985_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn6n6_c20251231_z1CnC3RJC0cc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities - Related parties - Current">235</td> <td id="xdx_981_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn6n6_c20241231_z7HVZM7CrHpa" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities - Related parties - Current">291</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_985_ecustom--OtherFinancialLiabilitiesCurrent_iI_pn6n6_c20251231_zEBoAv3Tbtx5" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other - Current">322</td> <td id="xdx_98B_ecustom--OtherFinancialLiabilitiesCurrent_iI_pn6n6_c20241231_zDom6udTJv4i" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities current">588</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_986_ecustom--OtherFinancialLiabilitiesNoncurrent_iI_pn6n6_c20241231_zJ79VJdYHvz1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities non current">32</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--OtherCurrentFinancialLiabilities_iI_pn6n6_c20251231_zcifsptSXbSf" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities current">655</td> <td id="xdx_98B_eifrs-full--OtherCurrentFinancialLiabilities_pn6n6_c20241231_zt7CmIXTH1L6" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities - Current">1,076</td> <td id="xdx_98B_eifrs-full--OtherNoncurrentFinancialLiabilities_iI_pn6n6_c20251231_zrdwpcqd6393" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities non current">3,047</td> <td id="xdx_98D_eifrs-full--OtherNoncurrentFinancialLiabilities_pn6n6_c20241231_zbdMvmEpxhX3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities non current">2,677</td></tr> </table> a) Subordinated notes In November 2025, the Company concluded the issuance of subordinated notes in the amount of US$750, maturing in 2056 and bearing interest payable semiannually at an initial rate of 6% per year. The interest rate will be reset every five years starting in February 2031. These notes rank in priority of payment only ahead of the Company's shareholders' equity and are subordinated to all of Vale’s financial and non-financial obligations. In addition, the Company has the right to defer interest payments until the maturity of the principal, subject to events that are within Vale’s control. The net proceeds from the issuance were used for general corporate purposes, including but not limited to replenishing cash following the payment of the partial repurchase of participative shareholders' debentures in November 2025 (note 23b). b) Participative shareholders' debentures At the time of its privatization in 1997, the Company issued 388,559,056 participatory debentures to existing shareholders, including the Brazilian Government. These debentures were structured to ensure that pre-privatization shareholders would participate in any future benefits derived from the exploitation of certain mineral resources. Holders are entitled to semiannual payments calculated as a percentage of the revenue related to these resources, net of taxes, transportation fees, and insurance expenses. This obligation remains in effect until all related mineral resources have been exhausted, sold, or otherwise disposed of. In November 2025, Vale completed the repurchase of 89,410,390 participative debentures for a total amount of US$703, including the payment of a premium of US$15, which is presented in the income statement as "financial expenses". This initiative resulted in a 23.01% reduction in the total outstanding debentures, optimizing the Company’s capital structure through financial liability management and reinforcing its capital allocation strategy. The impact of the participative shareholders' debentures on the financial results is presented in note 18, and the weighted-average price of secondary-market trades in the last month of each fiscal year is presented below: <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--ScheduleOfFinancialStatementsTableTextBlock_pn6n6_zXDjg2B7EmAa" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Other financial assets and liabilities (Details 1)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of statement of income and balance sheet</td> <td style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Average price (R$)</td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders’ debentures </td> <td id="xdx_988_ecustom--AveragePricePerDebenture_iI_pip0_c20251231__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_zLsOhqLMB016" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Average Price Per Debenture">41.46</td> <td id="xdx_98A_ecustom--AveragePricePerDebenture_iI_pip0_c20241231__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_z0FzFVvPQx2g" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Average Price Per Debenture">35.33</td> <td id="xdx_987_ecustom--AveragePricePerDebenture_iI_pip0_c20231231__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_zv0McSMwHvKe" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Average Price Per Debenture">35.80</td></tr> </table> The Company made available for withdrawal as remuneration the following amounts: <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfShareholdersDebenturesTableTextBlock_pn6n6_zOTj56QbBf6k" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Other financial assets and liabilities (Details 2)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of shareholders’ debentures</td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; width: 50%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 25%; font-family: Times New Roman,serif; text-align: right">Availability date</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 25%; font-family: Times New Roman,serif; text-align: right">Remuneration amount</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the first half of 2025</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">October 1, 2025</td> <td id="xdx_981_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20250101__20250630_z0VB1yfb5uR6" style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">111</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the second half of 2024</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">April 1, 2025</td> <td id="xdx_98A_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20240701__20241231_zUwVsLlOeAqf" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">131</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2025</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98F_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20250101__20251231_zMgo6Txey6d4" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">242</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the first half of 2024</td> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">October 1, 2024</td> <td id="xdx_989_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20240101__20240630_ztNWYUi5XFKj" style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">94</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the second half of 2023</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">April 1, 2024</td> <td id="xdx_98F_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20230701__20231231_zmvN86edo9uc" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">149</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2024</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_989_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20240101__20241231_zzkx0u7BxkZj" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">243</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the first half of 2023</td> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">October 2, 2023</td> <td id="xdx_983_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20230101__20230630_zc2QVjN4Y3z9" style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">106</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the second half of 2022</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">April 3, 2023</td> <td id="xdx_983_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20220701__20221231_zEy9yRWfRiN9" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">127</td></tr> <tr style="background-color: white"> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2023</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98D_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20230101__20231231_zqSYbMrWnDIe" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">233</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%"> The participative shareholders’ debentures are measured at fair value through profit or loss based on the market approach, representing the amount that would be paid for the acquisition of these securities on the measurement date and, therefore, also implicitly includes the remuneration to the debenture holder. To calculate the fair value of the liabilities, the Company uses the weighted average price of the secondary market trades in the last month of period.Shareholders Debentures</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--DisclosureOfOtherFinancialAssetsAndLiabilitiesTableTextBlock_pn6n6_z17SJ53bGgC9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Other financial assets and liabilities (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of other financial assets and liabilities</td> <td style="vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Current</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Non-Current</td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 10%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial assets</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Restricted cash</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_981_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231_z9OA1quOfa5c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash non current">9</td> <td id="xdx_984_eifrs-full--NoncurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231_z6NwRMpOYzOi" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash non current">13</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19</td> <td id="xdx_989_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20251231_zZcjdUaPhre4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">414</td> <td id="xdx_98E_eifrs-full--CurrentDerivativeFinancialAssets_iI_pn6n6_c20241231_z2p9P66EhXC9" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">53</td> <td id="xdx_98C_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn6n6_c20251231_zILW9ppCsDdh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments non current">203</td> <td id="xdx_981_eifrs-full--NoncurrentDerivativeFinancialAssets_iI_pn6n6_c20241231_zvLzcB5ty0Xc" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments non current">15</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Investments in equity securities </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_98D_ecustom--InvestmentsInEquitySecuritiesNonCurrent_iI_pn6n6_c20251231_zXLqR36AE0cc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in equity securities non current">63</td> <td id="xdx_982_ecustom--InvestmentsInEquitySecuritiesNonCurrent_iI_pn6n6_c20241231_z3kTqZxLyW3b" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments in equity securities non current">54</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans - Related parties</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td id="xdx_987_ecustom--LoansRelatedPartiesCurrent_iI_pn6n6_c20251231_zuOVmAg6L5a8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans related parties current">43</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_98C_ecustom--LoansRelatedPartiesNoncurrent_iI_pn6n6_c20251231_zyrnHa9tLjKg" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans related parties non current">207</td> <td id="xdx_98C_ecustom--LoansRelatedPartiesNoncurrent_iI_pn6n6_c20241231_zf5Eq34uSKTi" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans related parties non current">149</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98A_eifrs-full--OtherCurrentFinancialAssets_iI_pn6n6_c20251231_zyX3sCCbFtDl" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets - Current">457</td> <td id="xdx_980_eifrs-full--OtherCurrentFinancialAssets_pn6n6_c20241231_z2egJLwiuCL2" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets - Current">53</td> <td id="xdx_984_eifrs-full--OtherNoncurrentFinancialAssets_iI_pn6n6_c20251231_z5fVDZc82gD4" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets non current">482</td> <td id="xdx_985_eifrs-full--OtherNoncurrentFinancialAssets_iI_pn6n6_c20241231_zQQUcdJGtb7a" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial assets non current">231</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derivative financial instruments </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">19</td> <td id="xdx_98B_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231_zFw38JS6EcQb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">94</td> <td id="xdx_98E_eifrs-full--CurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231_zvHlH5SujITe" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Derivative financial instruments current">197</td> <td id="xdx_983_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn6n6_c20251231_z4MCD08RekJ4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title=" Derivative financial instruments non current">52</td> <td id="xdx_982_eifrs-full--NoncurrentDerivativeFinancialLiabilities_iI_pn6n6_c20241231_zZGUCfluhb01" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title=" Derivative financial instruments non current">428</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Subordinated notes</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(a)</td> <td id="xdx_98F_ecustom--SubordinatedNotesCurrent_iI_pn6n6_c20251231_zWKwHFTzcAg9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Subordinated notes current">4</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_980_ecustom--SubordinatedNotesNonCurrent_iI_pn6n6_c20251231_zP4JabBYaVAl" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Subordinated notes non current">741</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders’ debentures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_988_ecustom--ParticipativeShareholdersDebenturesNonCurrent_iI_pn6n6_c20251231_z9YiZpwLzoLh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Participative shareholders debentures non current">2,254</td> <td id="xdx_98C_ecustom--ParticipativeShareholdersDebenturesNonCurrent_iI_pn6n6_c20241231_zj4cBW3mpFug" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Participative shareholders debentures non current">2,217</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other financial liabilities - Related parties </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">33(b)</td> <td id="xdx_985_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn6n6_c20251231_z1CnC3RJC0cc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities - Related parties - Current">235</td> <td id="xdx_981_eifrs-full--TradeAndOtherCurrentPayablesToRelatedParties_iI_pn6n6_c20241231_z7HVZM7CrHpa" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities - Related parties - Current">291</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_985_ecustom--OtherFinancialLiabilitiesCurrent_iI_pn6n6_c20251231_zEBoAv3Tbtx5" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other - Current">322</td> <td id="xdx_98B_ecustom--OtherFinancialLiabilitiesCurrent_iI_pn6n6_c20241231_zDom6udTJv4i" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities current">588</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td id="xdx_986_ecustom--OtherFinancialLiabilitiesNoncurrent_iI_pn6n6_c20241231_zJ79VJdYHvz1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other financial liabilities non current">32</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98D_eifrs-full--OtherCurrentFinancialLiabilities_iI_pn6n6_c20251231_zcifsptSXbSf" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities current">655</td> <td id="xdx_98B_eifrs-full--OtherCurrentFinancialLiabilities_pn6n6_c20241231_zt7CmIXTH1L6" style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities - Current">1,076</td> <td id="xdx_98B_eifrs-full--OtherNoncurrentFinancialLiabilities_iI_pn6n6_c20251231_zrdwpcqd6393" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities non current">3,047</td> <td id="xdx_98D_eifrs-full--OtherNoncurrentFinancialLiabilities_pn6n6_c20241231_zbdMvmEpxhX3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total other financial liabilities non current">2,677</td></tr> </table>

9000000

13000000

414000000

53000000

203000000

15000000

63000000 54000000 43000000 207000000 149000000

457000000

53000000

482000000

231000000

94000000

197000000

52000000

428000000

4000000 741000000 2254000000 2217000000

235000000

291000000

322000000 588000000 32000000

655000000

1076000000

3047000000

2677000000

750000000 0.06 388559056 89410390 703000000 15000000 0.2301 <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--ScheduleOfFinancialStatementsTableTextBlock_pn6n6_zXDjg2B7EmAa" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Other financial assets and liabilities (Details 1)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of statement of income and balance sheet</td> <td style="background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Average price (R$)</td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Participative shareholders’ debentures </td> <td id="xdx_988_ecustom--AveragePricePerDebenture_iI_pip0_c20251231__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_zLsOhqLMB016" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Average Price Per Debenture">41.46</td> <td id="xdx_98A_ecustom--AveragePricePerDebenture_iI_pip0_c20241231__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_z0FzFVvPQx2g" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Average Price Per Debenture">35.33</td> <td id="xdx_987_ecustom--AveragePricePerDebenture_iI_pip0_c20231231__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_zv0McSMwHvKe" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Average Price Per Debenture">35.80</td></tr> </table> 41.46 35.33 35.80 <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfShareholdersDebenturesTableTextBlock_pn6n6_zOTj56QbBf6k" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Other financial assets and liabilities (Details 2)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of shareholders’ debentures</td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; width: 50%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 25%; font-family: Times New Roman,serif; text-align: right">Availability date</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 25%; font-family: Times New Roman,serif; text-align: right">Remuneration amount</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the first half of 2025</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">October 1, 2025</td> <td id="xdx_981_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20250101__20250630_z0VB1yfb5uR6" style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">111</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the second half of 2024</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">April 1, 2025</td> <td id="xdx_98A_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20240701__20241231_zUwVsLlOeAqf" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">131</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2025</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98F_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20250101__20251231_zMgo6Txey6d4" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">242</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the first half of 2024</td> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">October 1, 2024</td> <td id="xdx_989_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20240101__20240630_ztNWYUi5XFKj" style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">94</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the second half of 2023</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">April 1, 2024</td> <td id="xdx_98F_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20230701__20231231_zmvN86edo9uc" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">149</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2024</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_989_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20240101__20241231_zzkx0u7BxkZj" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">243</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the first half of 2023</td> <td style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">October 2, 2023</td> <td id="xdx_983_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20230101__20230630_zc2QVjN4Y3z9" style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">106</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Remuneration for the second half of 2022</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">April 3, 2023</td> <td id="xdx_983_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20220701__20221231_zEy9yRWfRiN9" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">127</td></tr> <tr style="background-color: white"> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2023</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98D_ecustom--RemunerationPaidToParticipativeStockHoldersDebentures_pn6n6_c20230101__20231231_zqSYbMrWnDIe" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Remuneration paid to the participative stockholders debentures">233</td></tr> </table> October 1, 2025 111000000 April 1, 2025 131000000 242000000 October 1, 2024 94000000 April 1, 2024 149000000 243000000 October 2, 2023 106000000 April 3, 2023 127000000 233000000 The participative shareholders’ debentures are measured at fair value through profit or loss based on the market approach, representing the amount that would be paid for the acquisition of these securities on the measurement date and, therefore, also implicitly includes the remuneration to the debenture holder. To calculate the fair value of the liabilities, the Company uses the weighted average price of the secondary market trades in the last month of period.Shareholders Debentures 24. Cash flows from financing activities Reconciliation of cash flows from liabilities arising from financing activities <table cellpadding="0" cellspacing="0" id="xdx_88A_ecustom--ScheduleOfReconciliationOfDebtToCashFlowsFromFinancingActivitiesTableTextBlock_pn6n6_zBYDoi1jZnpd" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Cash flows from financing activities (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Schedule of reconciliation of debt to cash flows</td> <td id="xdx_4B8_ifrs-full--BorrowingsByNameAxis_custom--QuotedInTheSecondaryMarketMember_zATXZ9nQ0wh" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4B8_ifrs-full--BorrowingsByNameAxis_custom--DebtContractInBrazilMember_zkNFKGqKTW25" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4BA_ifrs-full--BorrowingsByNameAxis_custom--DebtContractsOnTheInternationalMarketsMember_zUAAYcNfbjN7" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4B6_ifrs-full--BorrowingsByNameAxis_custom--TotalLoansAndBorrowingsMember_zc8q0AbT1Nkb" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4BB_ifrs-full--BorrowingsByNameAxis_custom--SubordinatedNotesMember_zQC3ohxvMY5a" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4BE_z2BoHn2QyA12" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 39%"> </td> <td style="width: 10%; text-align: right">Quoted in the secondary market</td> <td style="width: 10%; text-align: right">Other debt contracts in Brazil</td> <td style="width: 12%; text-align: right">Other debt contracts on the international market</td> <td style="width: 10%; text-align: right">Total loans and borrowings</td> <td style="width: 11%; text-align: right">Subordinated notes</td> <td style="width: 8%; text-align: right">Total</td></tr> <tr id="xdx_437_c20230101__20231231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iS_zOODUoiUSdg6" style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2022</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">6,497 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">280 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,404 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">11,181 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">11,181 </td></tr> <tr id="xdx_402_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_zj4AJ5lcExQb"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,500 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">450 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,950 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,950 </td></tr> <tr id="xdx_40F_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_zmsV7Gosfbti"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Payments (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(542) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(50) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(66) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(658) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(658) </td></tr> <tr id="xdx_40E_ecustom--DecreaseThroughInterestPaidLiabilitiesArisingFromFinancingActivities_zjxcOAg7SB68"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest paid (ii)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(454) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(24) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(265) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(743) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(743) </td></tr> <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInLiabilitiesArisingFromFinancingActivities_zVDbXwgv26n9"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Cash flow from financing activities</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">504 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(74)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">119 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">549 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">549 </td></tr> <tr id="xdx_40D_eifrs-full--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_z73PAHxxl9ie"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Effect of exchange rate</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">19 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">20 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(64) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(25) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(25) </td></tr> <tr id="xdx_40B_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRIncreaseThroughInterestAccretionLiabilitiesArisingFromFinancingActivitiesatesLiabilitiesArisingFromFinancingActivities_zDkHe5nY30ya"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest accretion</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">454 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">24 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">288 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">766 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">766 </td></tr> <tr id="xdx_40B_ecustom--IncreaseDecreaseInNonCashChangesInLiabilitiesArisingFromFinancingActivities_zWTzNzXrazzj"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Non-cash changes</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">473 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">44 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">224 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">741 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">741 </td></tr> <tr id="xdx_434_c20240101__20241231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iS_z9rTvT6OCxs6"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2023</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">7,474 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">250 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,747 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">12,471 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">12,471 </td></tr> <tr id="xdx_402_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_zsYCklvRQ9Hb"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">2,033 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">2,822 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,855 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,855 </td></tr> <tr id="xdx_40F_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_z5fJ5PCcKa3h"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Payments (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,037) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(46) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,522) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(2,605) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(2,605) </td></tr> <tr id="xdx_40C_ecustom--DecreaseThroughInterestPaidLiabilitiesArisingFromFinancingActivities_zTr7rfspPKC6"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest paid (ii)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(527) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(20) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(321) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(868) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(868) </td></tr> <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInLiabilitiesArisingFromFinancingActivities_zZ7oKutRZ6z2"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Cash flow from financing activities</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">469 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(66)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">979 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,382 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,382 </td></tr> <tr id="xdx_40A_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesAcquisitionOfAlianaEnergia_zMtBiF8WIFXi"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Acquisition of Aliança Energia</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">214 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">32 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">246 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">246 </td></tr> <tr id="xdx_40D_eifrs-full--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_zzsLkqJcxZQk"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Effect of exchange rate</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(121) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">101 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(164) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(184) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(184) </td></tr> <tr id="xdx_400_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRIncreaseThroughInterestAccretionLiabilitiesArisingFromFinancingActivitiesatesLiabilitiesArisingFromFinancingActivities_zEcVi7iyAbm8"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest accretion</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">503 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">20 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">354 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">877 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">877 </td></tr> <tr id="xdx_409_ecustom--IncreaseDecreaseInNonCashChangesInLiabilitiesArisingFromFinancingActivities_zkdEsBuLQlda"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Non-cash changes</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">596 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">153 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">190 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">939 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">939 </td></tr> <tr id="xdx_435_c20250101__20251231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iS_zKw5lKJ34if1"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">8,539 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">337 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">5,916 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">14,792 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">14,792 </td></tr> <tr id="xdx_402_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_zqvAPKUwSca3"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,830 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">2,888 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">4,718 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">750</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">5,468 </td></tr> <tr id="xdx_40D_ecustom--TransactionCosts_zEw5ABVRkwP7"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Transaction costs</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(9)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(9)</td></tr> <tr id="xdx_40F_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_zFe1paaCyt2l"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Payments (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(373) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(44) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,037) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,454) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,454) </td></tr> <tr id="xdx_404_ecustom--DecreaseThroughInterestPaidLiabilitiesArisingFromFinancingActivities_zONZZR4zoDMh"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest paid (ii)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(610) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(23) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(367) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,000) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,000) </td></tr> <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInLiabilitiesArisingFromFinancingActivities_zP64XFI4mEjk"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Cash flow from financing activities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">847 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(67)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,484 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">2,264 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">741 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">3,005 </td></tr> <tr id="xdx_401_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesTransferToHeldForSale_zgESsUqyF6Sf"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Transfer to held for sale (Energy Assets)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(210) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(30) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(240) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(240) </td></tr> <tr id="xdx_40D_eifrs-full--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_z0fIpD9PxmY5"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Effect of exchange rate</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">145 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">22 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">15 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">182 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">182 </td></tr> <tr id="xdx_40F_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRIncreaseThroughInterestAccretionLiabilitiesArisingFromFinancingActivitiesatesLiabilitiesArisingFromFinancingActivities_z7YyE4kNK9Bj"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest accretion</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">732 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">23 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">381 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,136 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">4 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,140 </td></tr> <tr id="xdx_405_ecustom--IncreaseDecreaseInNonCashChangesInLiabilitiesArisingFromFinancingActivities_zNfm81GeRYbi"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Non-cash changes</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">667 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">15 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">396 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,078 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">4 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,082 </td></tr> <tr id="xdx_43B_c20250101__20251231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iE_zBiX3kHUGnDc"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">10,053 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">285 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">7,796 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">18,134 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">745 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">18,879 </td></tr> </table> (i) Includes bond premium repurchase. (ii) Classified as operating activities in the statement of cash flows. Fundings in 2025 <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td>In the fourth quarter of 2025, the Company (i) issued subordinated notes in the total amount of US$750, with maturity in 2056, and (ii) contracted loans of US$420, indexed to Secured Overnight Financing Rate (“SOFR”), adjusted for spread, and maturing in 2029.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the third quarter of 2025, the Company contracted loans of US$1,011 indexed to SOFR or Loan Prime Rate (LPR) adjusted for spread adjustments with maturities between 2028 and 2030.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the second quarter of 2025, the Company (i) contracted loans of US$596, indexed to SOFR plus spread adjustments, with maturities between 2026 and 2030, and (ii) issued debentures of US$<span id="xdx_905_eifrs-full--NotesAndDebenturesIssued_iI_pn6n6_c20250630__ifrs-full--CounterpartiesAxis__custom--SOFRMember__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--USDMember_z1VsyyhzUfH8" title="Debentures issued">1,080 (R$<span id="xdx_906_eifrs-full--NotesAndDebenturesIssued_iI_pn9n9_c20250630__ifrs-full--CounterpartiesAxis__custom--SOFRMember__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_zoCp7zDlrrT5" title="Debentures issued">6 billion), indexed to Brazilian Consumer Price Index (IPCA) plus 6.76% to 6.89% per year, paid semi-annually. The issuance was structured in three series of US$<span id="xdx_90A_eifrs-full--NotesAndDebenturesIssued_iI_pn6n6_c20250630__ifrs-full--CounterpartiesAxis__custom--ThreeSeriesMember__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--USDMember_z3i2fB6I4Rpf" title="Debentures issued">363 (R$<span id="xdx_901_eifrs-full--NotesAndDebenturesIssued_iI_pn9n9_c20250630__ifrs-full--CounterpartiesAxis__custom--ThreeSeriesMember__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_zXFwEogzqgx3" title="Debentures issued">2 billion) each, maturing in 2032, 2035, and 2037. The proceeds will be used in infrastructure investment projects related to railway concessions.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the first quarter of 2025, the Company (i) contracted loans of US$861 indexed to SOFR plus spread adjustments with maturities between 2026 and 2029, and (ii) issued bonds of US$750 with a coupon of 6.40% per year, payable semi-annually, and maturing in 2054.</td></tr></table> Payments in 2025 <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the fourth quarter of 2025, the Company paid interest on debentures in the amount of US$71. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the third quarter of 2025, the Company settled loans of US$449.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the second quarter of 2025, the Company paid interest on debentures in the amount of US$28.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the first quarter of 2025, the Company settled loans of US$150 and redeemed notes maturing in 2034, 2036, and 2039 in the total amount of US$329 and paid a premium of US$44, recorded as “Bond premium repurchase” in the financial results of the period.</td></tr></table> Fundings in 2024 <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the fourth quarter of 2024, the Company (i) contracted a loan of US$300 with Bank of Nova Scotia indexed to SOFR plus spread adjustments and maturing in 2027, (ii) issued debentures of US$<span id="xdx_902_eifrs-full--NotesAndDebenturesIssued_iI_pn9n9_c20241231__ifrs-full--CounterpartiesAxis__custom--IPCAMember__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--USDMember_zr0GSurHtNVk" title="Debentures issued">1 billion (R$<span id="xdx_902_eifrs-full--NotesAndDebenturesIssued_iI_pn9n9_c20241231__ifrs-full--CounterpartiesAxis__custom--IPCAMember__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember_z4hxzSTaV5bf" title="Debentures issued">6 billion) indexed to IPCA plus 6.38% to 6.43% per year, paid semi-annually, and maturing in 2034, 2036 and 2039. The proceeds were received in November 2024 and will be used in infrastructure projects related with the railway concessions, (iii) contracted a loan of US$300 with BBM Bank indexed to SOFR plus spread adjustments and maturing in 2029, (iv) contracted a loan of US$<span id="xdx_901_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn6n6_c20241001__20241231__ifrs-full--CounterpartiesAxis__custom--ShanghaiBankingCorporationMember_zKPEo3kzfcG5" title="Contracted a loan">250 with The Hongkong and Shanghai Banking Corporation indexed to SOFR plus spread adjustments and maturing in 2028, and (v) contracted a loan of US$50 with DBS Bank indexed to SOFR plus spread adjustments and maturing in 2026.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the third quarter of 2024, the Company contracted loans of US$962 indexed to SOFR plus spread adjustments with maturities between 2027 and 2029.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td>In the second quarter of 2024, the Company (i) issued bonds of US$1 billion with a coupon of 6.45% per year, payable semi-annually, and maturing in 2054 and (ii) contracted a loan of US$<span id="xdx_907_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn6n6_c20240401__20240630__ifrs-full--CounterpartiesAxis__custom--CanadianImperialBankOfCommerceMember_zDcf3jhNtGbb" title="Contracted a loan">90 with the Canadian Imperial Bank of Commerce (“CIBC”) indexed to SOFR plus spread adjustments and maturing in 2024.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td>In the first quarter of 2024, the Company contracted loans of US$870 indexed to SOFR plus spread adjustments with maturities between 2024 and 2035.</td></tr></table> Payments in 2024 <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td>In the fourth quarter of 2024, the Company settled the loan contracted with HSBC Bank, in the amount of US$250. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td>In the third quarter of 2024, the Company (i) settled loans of US$599 and (ii) redeemed notes with maturity date in 2026, 2036 and 2039, in the total amount of US$970 and paid a premium of US$50, recorded as “Bond premium repurchase” in the financial results of the period. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the first quarter of 2024, the Company paid principal and interest of debentures, in the amount of US$46.</td></tr></table> Fundings in 2023 <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the third quarter of 2023, the Company contracted a loan of US$150 with Citibank, indexed to SOFR with spread adjustments and maturing in 2028.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the second quarter of 2023, Vale issued notes of US$1,500 with a coupon of 6.125% per year, payable semi-annually, and maturing in 2033. </td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the first quarter of 2023, the Company contracted a loan of US$<span id="xdx_905_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_pn6n6_c20230101__20230331__ifrs-full--CounterpartiesAxis__custom--IndustrialAndCommercialBankMember_z5DO9PMf1V6a" title="Contracted a loan">300 with the Industrial and Commercial Bank of China Limited, Panama Branch (“ICBC”) indexed to SOFR with spread adjustments and maturing in 2028.</td></tr></table> Payments in 2023 <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the second quarter of 2023, Vale repurchased notes with maturity date in 2026, 2036 and 2039, in the total amount of US$500 and paid a premium of US$22, recorded as “financial expenses” in the income statement for the year period ended December 31, 2023.</td></tr></table> <table cellpadding="0" cellspacing="0" style="font: 12pt/120% Times New Roman,serif; width: 100%; margin-top: 0; margin-bottom: 3pt"><tr style="vertical-align: top"> <td style="width: 7.2pt"></td><td style="width: 17.05pt">•</td><td style="text-align: justify">In the first quarter of 2023, the Company paid principal and interest of debentures, in the amount of US$24.</td></tr></table> <img alt="" src="valedfifrs4q256k_016.jpg"/> <table cellpadding="0" cellspacing="0" id="xdx_88A_ecustom--ScheduleOfReconciliationOfDebtToCashFlowsFromFinancingActivitiesTableTextBlock_pn6n6_zBYDoi1jZnpd" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Cash flows from financing activities (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Schedule of reconciliation of debt to cash flows</td> <td id="xdx_4B8_ifrs-full--BorrowingsByNameAxis_custom--QuotedInTheSecondaryMarketMember_zATXZ9nQ0wh" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4B8_ifrs-full--BorrowingsByNameAxis_custom--DebtContractInBrazilMember_zkNFKGqKTW25" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4BA_ifrs-full--BorrowingsByNameAxis_custom--DebtContractsOnTheInternationalMarketsMember_zUAAYcNfbjN7" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4B6_ifrs-full--BorrowingsByNameAxis_custom--TotalLoansAndBorrowingsMember_zc8q0AbT1Nkb" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4BB_ifrs-full--BorrowingsByNameAxis_custom--SubordinatedNotesMember_zQC3ohxvMY5a" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td> <td id="xdx_4BE_z2BoHn2QyA12" style="padding-right: 0.75pt; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 39%"> </td> <td style="width: 10%; text-align: right">Quoted in the secondary market</td> <td style="width: 10%; text-align: right">Other debt contracts in Brazil</td> <td style="width: 12%; text-align: right">Other debt contracts on the international market</td> <td style="width: 10%; text-align: right">Total loans and borrowings</td> <td style="width: 11%; text-align: right">Subordinated notes</td> <td style="width: 8%; text-align: right">Total</td></tr> <tr id="xdx_437_c20230101__20231231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iS_zOODUoiUSdg6" style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2022</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">6,497 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">280 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,404 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">11,181 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">11,181 </td></tr> <tr id="xdx_402_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_zj4AJ5lcExQb"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,500 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">450 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,950 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,950 </td></tr> <tr id="xdx_40F_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_zmsV7Gosfbti"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Payments (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(542) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(50) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(66) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(658) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(658) </td></tr> <tr id="xdx_40E_ecustom--DecreaseThroughInterestPaidLiabilitiesArisingFromFinancingActivities_zjxcOAg7SB68"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest paid (ii)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(454) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(24) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(265) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(743) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(743) </td></tr> <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInLiabilitiesArisingFromFinancingActivities_zVDbXwgv26n9"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Cash flow from financing activities</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">504 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(74)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">119 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">549 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">549 </td></tr> <tr id="xdx_40D_eifrs-full--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_z73PAHxxl9ie"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Effect of exchange rate</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">19 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">20 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(64) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(25) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(25) </td></tr> <tr id="xdx_40B_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRIncreaseThroughInterestAccretionLiabilitiesArisingFromFinancingActivitiesatesLiabilitiesArisingFromFinancingActivities_zDkHe5nY30ya"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest accretion</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">454 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">24 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">288 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">766 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">766 </td></tr> <tr id="xdx_40B_ecustom--IncreaseDecreaseInNonCashChangesInLiabilitiesArisingFromFinancingActivities_zWTzNzXrazzj"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Non-cash changes</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">473 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">44 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">224 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">741 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">741 </td></tr> <tr id="xdx_434_c20240101__20241231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iS_z9rTvT6OCxs6"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2023</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">7,474 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">250 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,747 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">12,471 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">12,471 </td></tr> <tr id="xdx_402_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_zsYCklvRQ9Hb"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">2,033 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">2,822 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,855 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">4,855 </td></tr> <tr id="xdx_40F_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_z5fJ5PCcKa3h"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Payments (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,037) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(46) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,522) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(2,605) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(2,605) </td></tr> <tr id="xdx_40C_ecustom--DecreaseThroughInterestPaidLiabilitiesArisingFromFinancingActivities_zTr7rfspPKC6"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest paid (ii)</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(527) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(20) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(321) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(868) </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(868) </td></tr> <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInLiabilitiesArisingFromFinancingActivities_zZ7oKutRZ6z2"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Cash flow from financing activities</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">469 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(66)</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">979 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,382 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">1,382 </td></tr> <tr id="xdx_40A_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesAcquisitionOfAlianaEnergia_zMtBiF8WIFXi"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Acquisition of Aliança Energia</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">214 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">32 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">246 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">246 </td></tr> <tr id="xdx_40D_eifrs-full--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_zzsLkqJcxZQk"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Effect of exchange rate</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(121) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">101 </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(164) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(184) </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">(184) </td></tr> <tr id="xdx_400_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRIncreaseThroughInterestAccretionLiabilitiesArisingFromFinancingActivitiesatesLiabilitiesArisingFromFinancingActivities_zEcVi7iyAbm8"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest accretion</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">503 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">20 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">354 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">877 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">877 </td></tr> <tr id="xdx_409_ecustom--IncreaseDecreaseInNonCashChangesInLiabilitiesArisingFromFinancingActivities_zkdEsBuLQlda"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Non-cash changes</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">596 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">153 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">190 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">939 </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">939 </td></tr> <tr id="xdx_435_c20250101__20251231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iS_zKw5lKJ34if1"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2024</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">8,539 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">337 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">5,916 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">14,792 </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%">14,792 </td></tr> <tr id="xdx_402_eifrs-full--ProceedsFromBorrowingsClassifiedAsFinancingActivities_zqvAPKUwSca3"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Additions</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,830 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">2,888 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">4,718 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">750</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">5,468 </td></tr> <tr id="xdx_40D_ecustom--TransactionCosts_zEw5ABVRkwP7"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Transaction costs</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(9)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(9)</td></tr> <tr id="xdx_40F_eifrs-full--RepaymentsOfBorrowingsClassifiedAsFinancingActivities_iN_di_zFe1paaCyt2l"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Payments (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(373) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(44) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,037) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,454) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,454) </td></tr> <tr id="xdx_404_ecustom--DecreaseThroughInterestPaidLiabilitiesArisingFromFinancingActivities_zONZZR4zoDMh"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest paid (ii)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(610) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(23) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(367) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,000) </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(1,000) </td></tr> <tr id="xdx_40C_eifrs-full--IncreaseDecreaseInLiabilitiesArisingFromFinancingActivities_zP64XFI4mEjk"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Cash flow from financing activities</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">847 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(67)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,484 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">2,264 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">741 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">3,005 </td></tr> <tr id="xdx_401_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesTransferToHeldForSale_zgESsUqyF6Sf"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Transfer to held for sale (Energy Assets)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(210) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(30) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(240) </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">(240) </td></tr> <tr id="xdx_40D_eifrs-full--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRatesLiabilitiesArisingFromFinancingActivities_z0fIpD9PxmY5"> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Effect of exchange rate</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">145 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">22 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">15 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">182 </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">– </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">182 </td></tr> <tr id="xdx_40F_ecustom--IncreaseDecreaseThroughEffectOfChangesInForeignExchangeRIncreaseThroughInterestAccretionLiabilitiesArisingFromFinancingActivitiesatesLiabilitiesArisingFromFinancingActivities_z7YyE4kNK9Bj"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Interest accretion</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">732 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">23 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">381 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,136 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">4 </td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,140 </td></tr> <tr id="xdx_405_ecustom--IncreaseDecreaseInNonCashChangesInLiabilitiesArisingFromFinancingActivities_zNfm81GeRYbi"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Non-cash changes</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">667 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">15 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">396 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,078 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">4 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">1,082 </td></tr> <tr id="xdx_43B_c20250101__20251231_eifrs-full--LiabilitiesArisingFromFinancingActivities_iE_zBiX3kHUGnDc"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">December 31, 2025</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">10,053 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">285 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">7,796 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">18,134 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">745 </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">18,879 </td></tr> </table>

6497000000

280000000

4404000000

11181000000

1500000000

450000000

1950000000

542000000

50000000

66000000

658000000

-454000000 -24000000 -265000000 -743000000 -743000000

504000000

-74000000

119000000

549000000

19000000

20000000

-64000000

-25000000

454000000 24000000 288000000 766000000 766000000 473000000 44000000 224000000 741000000 741000000

7474000000

250000000

4747000000

12471000000

2033000000

2822000000

4855000000

1037000000

46000000

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25. Brumadinho dam failure In January 2019, a tailings dam (“Dam I”) experienced a failure at the Córrego do Feijão mine, in the city of Brumadinho, state of Minas Gerais, Brazil. The failure released a flow of tailings debris, destroying some of Vale’s facilities, affecting local communities and disturbing the environment. The tailings released have caused an impact of around 315 km in extension, reaching the nearby Paraopeba River. The dam failure in Brumadinho (“event”) resulted in 270 fatalities or presumed fatalities, including two pregnant women, and caused extensive property and environmental damage in the region. As a result of the dam failure, the Company recognized provisions to meet its assumed obligations, including indemnification to those affected by the event, remediation of the impacted areas and compensation to the society. In addition, the Company has incurred expenses, which have been recognized straight to the income statement, in relation to tailings management, communication services, humanitarian assistance, payroll, legal services, water supply, among others. Effects in income statements <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfEffectInIncomeStatementTableTextBlock_pn6n6_ztWEXQGPZHK5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Brumadinho dam failure (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects in income statements</td> <td id="xdx_497_20250101__20251231_zoQ9YyenXuSf" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231_zOHI5EkvYqZb" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49E_20230101__20231231_z9SKHMuk5Tub" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_404_ecustom--IntegralReparationAgreementExpenses_zARQTymotYof"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Integral Reparation Agreement</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">70</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(52)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">39</td></tr> <tr id="xdx_409_ecustom--OtherObligationsExpenses_zmN6yuWvX4ak"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other obligations</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">227</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">168</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">437</td></tr> <tr id="xdx_401_ecustom--IncurredExpenses_z15DzqdYudz6"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Incurred expenses</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">307</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">378</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">484</td></tr> <tr id="xdx_404_ecustom--InsuranceExpenses_zGuzaP4f6a2d"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Insurance </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(8)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(11)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(30)</td></tr> <tr id="xdx_408_ecustom--ExpensesRelatedToIncomeStatement_zVl6cn5kEU4g"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses related to Brumadinho event</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">596</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">483</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">930</td></tr> </table> Changes in the provision in the year <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--ScheduleOfChangesInProvisionsToMeetAssumedObligationsIncludingDeCharacterizationOfDamsTableTextBlock_pn6n6_zP8HHDD0pTx4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Brumadinho dam failure (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in provisions to meet its assumed obligations, including de-characterization of the dams</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 39%; font-family: Times New Roman,serif"> </td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">Changes in estimates</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">Monetary and present value adjustments </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Disbursements </td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; text-indent: 4.5pt">Translation adjustment</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Integral Reparation Agreement</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payment obligations</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zXI0arpIM64e" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">304</td> <td id="xdx_986_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zVnmQS06cXZ4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">3</td> <td id="xdx_983_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zxA6kBDVRPg4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">41</td> <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zx2F9DX7k6J1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(196)</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zMrMfsnngPGe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">37</td> <td id="xdx_981_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_z1H5hPMxbY9b" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">189</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision for socio-economic reparation and others</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zsKqzmRYvaea" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">327</td> <td id="xdx_988_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zqNouMCr4VUe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">1</td> <td id="xdx_98E_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zlRBq4qYSl16" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">46</td> <td id="xdx_986_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zn9IyEi8igvl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(97)</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_z02aAOWI2oqe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">40</td> <td id="xdx_982_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zELjeQaF54A8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">317</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision for social and environmental reparation </td> <td id="xdx_986_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zi080qOnQpm8" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">533</td> <td id="xdx_987_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zxi0CaE3lVwf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">66</td> <td id="xdx_986_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zVyqgLUgkXfe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">79</td> <td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_ztzMT53LYo2a" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(230)</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_z3t8yXkL7xRc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">67</td> <td id="xdx_988_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zSaZTaFuubo9" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">515</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_983_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zJq4j3O2hlnc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">1,164</td> <td id="xdx_983_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zeEmeDJW0cvl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">70</td> <td id="xdx_987_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zivFJWUViI89" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">166</td> <td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zu7lCj3D0tAk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(523)</td> <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zcN2lMvx34t6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">144</td> <td id="xdx_981_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zR264JwVHJxb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">1,021</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other obligations</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tailings containment, geotechnical safety and environmental reparation</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zGK6bI1SC7Ui" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">504</td> <td id="xdx_98A_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zSNCJTrrQx99" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">76</td> <td id="xdx_980_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_z9Vwld7kpZo3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">67</td> <td id="xdx_98C_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_z8NOn822AGn5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(169)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zVKzIHzuQ5Zc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">64</td> <td id="xdx_98A_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zlS5TOi22uH1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">542</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Individual indemnification</td> <td id="xdx_984_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zEM8eNQtCfB" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">49</td> <td id="xdx_98D_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zqMFeRhxXKu6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">61</td> <td id="xdx_984_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zxJgguRZsraf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">8</td> <td id="xdx_988_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zU7DbRMqWrpi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(48)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zX8D9EgMnhMj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">5</td> <td id="xdx_98F_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zRNBSBK3u2nk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">75</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other </td> <td id="xdx_98F_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zclFmDcak6fh" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">253</td> <td id="xdx_985_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zTDs6PStQnSd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">90</td> <td id="xdx_98E_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zlX9ciYSZLj7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">31</td> <td id="xdx_988_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zvcU56vcpvL9" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(134)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_z4GmXIGoINt5" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">33</td> <td id="xdx_988_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zTed8Lub88G1" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">273</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98F_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zwfcHt2OqE86" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">806</td> <td id="xdx_989_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_z3plp2TEY8p6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">227</td> <td id="xdx_987_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_ze3wcSZIUgHh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">106</td> <td id="xdx_98E_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zmC2deFjKXKj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(351)</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zCC68a0FlA3f" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">102</td> <td id="xdx_983_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zz3UkEpstxQa" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">890</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liability</td> <td id="xdx_989_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231_ziDPewjtSppj" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">1,970</td> <td id="xdx_98C_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231_zkupdPN91cM1" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">297</td> <td id="xdx_98E_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231_z1oGgIyHgdZ4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">272</td> <td id="xdx_986_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231_zreYWQARfQR4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(874)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231_zTlO70A0nbea" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">246</td> <td id="xdx_987_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231_zO8YFHDS94I3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">1,911</td></tr> </table> The cash flow for obligations are estimated for an average period ranging from 5 to 7 years and were discounted to the present value at a rate in real terms, which increased from 7.88% on December 31, 2024, to 8.07% on December 31, 2025. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Judicial Settlement for Integral Reparation</td></tr> </table> On February 4, 2021, the Company entered into a Judicial Settlement for Integral Reparation (“Global Settlement”), which was under negotiations since 2019, with the State of Minas Gerais, the Public Defender of the State of Minas Gerais and the Federal and the State of Minas Gerais Public Prosecutors Offices, to repair the environmental and social damage resulting from the Dam I rupture. As a result of the Global Settlement, the requests for the reparation of socioenvironmental and socioeconomic damages caused by the dam failure were substantially resolved. The Global Settlement includes: (i) payment obligations, of which the funds will be used directly by the State of Minas Gerais and Institutions of Justice for socioeconomic and socioenvironmental compensation projects; (ii) socioeconomic projects in Brumadinho and other 25 municipalities from the Paraopeba River Basin; and (iii) compensation of the environmental damage caused by the dam failure. These obligations are projected for an average period of 5 years. In addition, the Global Settlement addresses the diffuse and collective socioeconomic damages resulting from the disaster, with the exception of supervening damages, individual damages and homogeneous individual damages of a divisible nature, in accordance with the claims of the lawsuits not extinguished by the Global Settlement. For the measures described in items (i) and (ii), the amounts are specified in the Global Settlement. For the execution of the environmental recovery, actions have no cap limit, despite having been estimated in the Global Settlement due to the Company's legal obligation to fully repair the environmental damage caused by the dam failure. Therefore, although Vale is monitoring this provision, the amount recorded could materially change depending on several factors that are not under the Company’s control. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Other obligations</td></tr> </table> The Company is also working to ensure geotechnical safety of the remaining structures at the Córrego do Feijão mine, in Brumadinho, and the removal and proper disposal of the tailings of Dam I, including dredging part of the released material and de-sanding from the channel of the river Paraopeba. For the individual indemnification, Vale and the Public Defendants of the State of Minas Gerais formalized an agreement on April 5, 2019, under which those affected by the Brumadinho’s dam failure may join an individual or family group out-of-court settlement agreements for the indemnification of material, economic and moral damages. This agreement establishes the basis for a wide range of indemnification payments, which were defined according to the best practices and case law of Brazilian Courts, following rules and principles of the United Nations. a) Legal Proceedings <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Class action in the United States</td></tr> </table> Vale is defending itself against a class action brought before a Federal Court in New York and filed by holders of securities - American Depositary Receipts ("ADRs") - issued by Vale. In August 2024, the Court held a hearing to consider Vale's Motion for Class Decertification, as well as the parties' Cross Motions to Exclude Expert. A decision from the Court is currently pending. In November 2021, a new complaint was filed by eight investment funds that chose to seek redress for alleged damages independently and separately from the class members of the main action, with the same allegations presented in the main class action. A decision from the Court on Vale's preliminary defense ("motion to dismiss") has been pending since December 2023. The likelihood of loss of these proceedings is considered possible. However, considering the current phase of these lawsuits, it is not yet possible to reliably estimate the amount of a potential loss. The amount of damages sought in these claims is unspecified. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Arbitration proceedings in Brazil filed by shareholders, a class association and foreign investment funds</td></tr> </table> In Brazil, Vale is a defendant in one arbitration filed by 385 minority shareholders and three arbitrations filed by foreign investment funds. Vale was also a defendant in two arbitrations filed by a class association allegedly representing all Vale’s noncontrolling shareholders, which were dismissed in August 2024, given the acceptance of the Company’s repeated requests, due to the claimant association’s failure to pay court fees. In the four ongoing proceedings, the claimants argue that Vale was aware of the risks associated with the B-I dam, located at the Córrego do Feijão Mine in Brumadinho, and other tailings dams, and failed to disclose it to its shareholders. Based on such argument, they claim compensation for losses caused by the decrease in share price. The expectation of loss is classified as possible for the four procedures and, considering the initial phase, and the fact that the claims and causes of action have not been detailed, it is not possible at this time to reliably estimate the amount of possible loss. In one of the proceedings filed by foreign legal entities, in which the terms of reference for the arbitration have not yet been signed, the Claimants initially estimated the amount of the alleged losses would be approximately US$330 (R$1,800 million), subject to interest and monetary adjustments. In another proceeding filed by foreign legal entities, in which the terms of reference for the arbitration are also pending signature, the Claimants initially estimated the amount of the alleged losses would be approximately US$715 (R$3,900 million), subject to interest and monetary adjustments. In the proceeding presented by minority shareholders, upon the signing of the Terms of Reference in May 2024, the Claimants attributed a value of US$550 (R$3,000 million) to the claim (which referred to a single event), subject to interest and inflation indexation, and which may be increased later, as alleged by the claimants. There is only one arbitration in which the Claimants have not estimated the amount of the claim; this proceeding is still ongoing and its terms of reference have already been signed. The Company disagrees with the ongoing proceedings. Given the lack of visibility regarding all the claims that will be submitted and the criteria used to estimate their amounts, Vale, together with its external advisors, has at this time classified the likelihood of loss of the estimated amount as remote. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate about the amount can be made. The initial recognition of a provision is presented as 'Other operating revenues (expenses), net' in the income statement. Brumadinho dam failure Provisions are recognized and subsequently measured at the present value of the estimated expenditures required to settle the Company's obligation. The effect related to the passage of time is presented in the income statement of the respective period as financial results. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 2.25pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> The provision for social, economic and environmental reparation may be affected by factors including, but not limited to: (i) changes in the current estimated market price of the direct and indirect cost related to products and services, (ii) changes in timing for cash outflows, (iii) changes in the technology considered in measuring the provision, (iv) number of individuals entitled to the indemnification payments, (v) resolution of existing and potential legal claims, (vi) demographic assumptions, (vii) actuarial assumptions, and (viii) updates in the discount rate. Thus, the amounts actually incurred by the Company may differ from the amounts currently provisioned, due to the confirmation of the assumptions used and which depend on several factors, some of which are not under the Company's control. These changes could result in a material impact on the amount of the provision in future periods. At each presentation date of its financial statements, the Company will reassess the main assumptions used in the preparation of projected cash flows and will adjust the provision, when applicable.</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--ScheduleOfEffectInIncomeStatementTableTextBlock_pn6n6_ztWEXQGPZHK5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Brumadinho dam failure (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects in income statements</td> <td id="xdx_497_20250101__20251231_zoQ9YyenXuSf" style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20240101__20241231_zOHI5EkvYqZb" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49E_20230101__20231231_z9SKHMuk5Tub" style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_404_ecustom--IntegralReparationAgreementExpenses_zARQTymotYof"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Integral Reparation Agreement</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">70</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(52)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">39</td></tr> <tr id="xdx_409_ecustom--OtherObligationsExpenses_zmN6yuWvX4ak"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other obligations</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">227</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">168</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">437</td></tr> <tr id="xdx_401_ecustom--IncurredExpenses_z15DzqdYudz6"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Incurred expenses</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">307</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">378</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">484</td></tr> <tr id="xdx_404_ecustom--InsuranceExpenses_zGuzaP4f6a2d"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Insurance </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(8)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(11)</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(30)</td></tr> <tr id="xdx_408_ecustom--ExpensesRelatedToIncomeStatement_zVl6cn5kEU4g"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expenses related to Brumadinho event</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">596</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">483</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">930</td></tr> </table> 70000000 -52000000 39000000 227000000 168000000 437000000 307000000 378000000 484000000 -8000000 -11000000 -30000000 596000000 483000000 930000000 <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--ScheduleOfChangesInProvisionsToMeetAssumedObligationsIncludingDeCharacterizationOfDamsTableTextBlock_pn6n6_zP8HHDD0pTx4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Brumadinho dam failure (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in provisions to meet its assumed obligations, including de-characterization of the dams</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 39%; font-family: Times New Roman,serif"> </td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">December 31, 2024</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">Changes in estimates</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">Monetary and present value adjustments </td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Disbursements </td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; text-indent: 4.5pt">Translation adjustment</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Integral Reparation Agreement</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payment obligations</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zXI0arpIM64e" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">304</td> <td id="xdx_986_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zVnmQS06cXZ4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">3</td> <td id="xdx_983_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zxA6kBDVRPg4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">41</td> <td id="xdx_98A_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zx2F9DX7k6J1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(196)</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_zMrMfsnngPGe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">37</td> <td id="xdx_981_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--PaymentObligationsMember_z1H5hPMxbY9b" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">189</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision for socio-economic reparation and others</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zsKqzmRYvaea" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">327</td> <td id="xdx_988_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zqNouMCr4VUe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">1</td> <td id="xdx_98E_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zlRBq4qYSl16" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">46</td> <td id="xdx_986_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zn9IyEi8igvl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(97)</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_z02aAOWI2oqe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">40</td> <td id="xdx_982_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocioEconomicReparationAndOthersMember_zELjeQaF54A8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">317</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Provision for social and environmental reparation </td> <td id="xdx_986_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zi080qOnQpm8" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">533</td> <td id="xdx_987_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zxi0CaE3lVwf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">66</td> <td id="xdx_986_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zVyqgLUgkXfe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">79</td> <td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_ztzMT53LYo2a" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(230)</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_z3t8yXkL7xRc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">67</td> <td id="xdx_988_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember__ifrs-full--ClassesOfProvisionsAxis__custom--ProvisionForSocialAndEnvironmentalReparationMember_zSaZTaFuubo9" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">515</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_983_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zJq4j3O2hlnc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">1,164</td> <td id="xdx_983_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zeEmeDJW0cvl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">70</td> <td id="xdx_987_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zivFJWUViI89" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">166</td> <td id="xdx_98B_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zu7lCj3D0tAk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(523)</td> <td id="xdx_98E_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zcN2lMvx34t6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">144</td> <td id="xdx_981_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--JudicialSettlementForBrumadinhoMember_zR264JwVHJxb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">1,021</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other obligations</td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #B6B6B6 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tailings containment, geotechnical safety and environmental reparation</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zGK6bI1SC7Ui" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">504</td> <td id="xdx_98A_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zSNCJTrrQx99" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">76</td> <td id="xdx_980_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_z9Vwld7kpZo3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">67</td> <td id="xdx_98C_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_z8NOn822AGn5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(169)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zVKzIHzuQ5Zc" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">64</td> <td id="xdx_98A_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--TailingsContainmentAndGeotechnicalSafetyMember_zlS5TOi22uH1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">542</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Individual indemnification</td> <td id="xdx_984_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zEM8eNQtCfB" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">49</td> <td id="xdx_98D_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zqMFeRhxXKu6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">61</td> <td id="xdx_984_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zxJgguRZsraf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">8</td> <td id="xdx_988_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zU7DbRMqWrpi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(48)</td> <td id="xdx_98A_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zX8D9EgMnhMj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">5</td> <td id="xdx_98F_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--IndividualIndemnificationMember_zRNBSBK3u2nk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">75</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other </td> <td id="xdx_98F_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zclFmDcak6fh" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">253</td> <td id="xdx_985_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zTDs6PStQnSd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">90</td> <td id="xdx_98E_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zlX9ciYSZLj7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">31</td> <td id="xdx_988_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zvcU56vcpvL9" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(134)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_z4GmXIGoINt5" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">33</td> <td id="xdx_988_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember__ifrs-full--ClassesOfProvisionsAxis__custom--OtherCommitmentsMember_zTed8Lub88G1" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">273</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td id="xdx_98F_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zwfcHt2OqE86" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">806</td> <td id="xdx_989_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_z3plp2TEY8p6" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">227</td> <td id="xdx_987_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_ze3wcSZIUgHh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">106</td> <td id="xdx_98E_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zmC2deFjKXKj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(351)</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zCC68a0FlA3f" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">102</td> <td id="xdx_983_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfContingentLiabilitiesAxis__custom--OtherObligationsMember_zz3UkEpstxQa" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">890</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liability</td> <td id="xdx_989_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231_ziDPewjtSppj" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">1,970</td> <td id="xdx_98C_ecustom--RevisionToEstimatesAndNewProvisions_pn6n6_c20250101__20251231_zkupdPN91cM1" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Revision to estimates">297</td> <td id="xdx_98E_ecustom--IncreaseThroughAdjustmentsArisingFromPassageOfTimeAndOtherOtherProvisions_pn6n6_c20250101__20251231_z1oGgIyHgdZ4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">272</td> <td id="xdx_986_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231_zreYWQARfQR4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(874)</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231_zTlO70A0nbea" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">246</td> <td id="xdx_987_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231_zO8YFHDS94I3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">1,911</td></tr> </table>

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the Claimants initially estimated the amount of the alleged losses would be approximately US$330 (R$1,800 million), subject to interest and monetary adjustments. In another proceeding filed by foreign legal entities, in which the terms of reference for the arbitration are also pending signature, the Claimants initially estimated the amount of the alleged losses would be approximately US$715 (R$3,900 million), subject to interest and monetary adjustments. In the proceeding presented by minority shareholders, upon the signing of the Terms of Reference in May 2024, the Claimants attributed a value of US$550 (R$3,000 million) to the claim (which referred to a single event), subject to interest and inflation indexation, and which may be increased later, as alleged by the claimants.

A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate about the amount can be made. The initial recognition of a provision is presented as 'Other operating revenues (expenses), net' in the income statement. Brumadinho dam failure Provisions are recognized and subsequently measured at the present value of the estimated expenditures required to settle the Company's obligation. The effect related to the passage of time is presented in the income statement of the respective period as financial results. 26. Liabilities related to associates and joint ventures In November 2015, the Fundão tailings dam owned in Mariana, Minas Gerais, by Samarco Mineração S.A. (“Samarco”) experienced a failure, flooding certain communities and impacting communities and the environment along the Doce River. The dam failure resulted in 19 fatalities and caused property and environmental damage to the affected areas. Samarco is a joint venture equally owned by Vale S.A. and BHP Billiton Brasil Ltda. (‘‘BHPB’’). Thus, Vale, Samarco, and BHPB entered into agreements with the Federal Union, the States of Minas Gerais and Espírito Santo, and some other federal and state agencies, establishing the creation of socioenvironmental and socioeconomic programs aimed at adopting measures for mitigation, remediation, and compensation of damages. However, the requirements established reparation measures in the agreements could not be fully implemented within the established period, and the involved parties began initiated further negotiations to seek a definitive agreement for the resolution of all obligations related to the dam collapse. a) Changes in provision related to the Samarco dam failure In 2025, the Company recognized an addition to the provision in the amount of US$616 comprised of US$449 related to the change in the prognosis of the claim in the United Kingdom and US$167 substantially related to a revision on the costs to complete individual indemnification programs, as presented below: <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfChangesInProvisionRelatedToDamFailureExplanatory_pn6n6_zvoogNeQOHO7" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Liabilities related to associates and joint ventures (Details)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in provision related to dam failure</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 88%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_98A_ecustom--ChangesOnProvision_iS_c20250101__20251231_zf76yzRIHHl1" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on the provision, Beginning balance">3,663</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Increase in the provision and changes in estimates</td> <td id="xdx_982_ecustom--AdditionToProvisionDueToChangeInEstimates_c20250101__20251231_z8SGQwHUUV5j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition to the provision due to change in estimates">616</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Monetary and present value adjustments</td> <td id="xdx_980_ecustom--MonetaryAndPresentValueAdjustmentselatedToChangesInProvisions_c20250101__20251231_zFF1J4DlkkV3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">188</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disbursements </td> <td id="xdx_98D_ecustom--DisbursementsRelatedToChangesInProvisions_c20250101__20251231_zFPX7qfme1pf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(2,298)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustments</td> <td id="xdx_983_ecustom--TranslationAdjustmentsRelatedToChangesInProvisions_c20250101__20251231_zxP0Fy5yLrzj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustments">444</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_987_ecustom--ChangesOnProvision_iE_c20250101__20251231_zszcNUiR5yr6" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on the provision, Ending balance">2,613</td></tr> </table> The cash outflows to meet the obligations are discounted to present value at an annual rate in real terms, which decreased from 7.30% on December 31, 2024, to 7.66% on December 31, 2025. b) Definitive Settlement for the full reparation In October 2024, Vale, Samarco and BHPB, together with the Brazilian Federal Government, the State Governments of Minas Gerais and Espírito Santo, the Federal and State Public Prosecutors’ and Public Defenders’ Offices and other Brazilian public entities (jointly, “the Parties”) entered into an agreement for the integral and definitive reparation of the impacts derived from the Fundão dam collapse, in Mariana, Minas Gerais ("Definitive Settlement") which was ratified in November 2024. The Definitive Settlement, estimated in US$31.7 billion (R$170 billion), replaced all previous agreements and covers both disbursements made prior to its ratification and new financial commitments, which will be paid over 20 years in remediation and compensation actions. In addition, it provides for initiatives to be implemented by Samarco, with disbursements estimated to occur within the three years following ratification. Samarco has primary responsibility for the obligations, while Vale and BHPB hold subsidiary responsibility in proportion to their 50% ownership interests, in case Samarco fails to comply such obligations. The judicial ratification of the agreement extinguished several significant lawsuits filed in Brazil, for which the requests for dismissal were jointly submitted by Vale, BHPB, and Samarco. As a result of the Definitive Settlement, the Company recognized an additional provision in the amount of US$956 as of December 31, 2024, which reflects the estimated amount of future disbursements required to address all aspects related to the Definitive Agreement and Samarco’s financial capacity to make future payments (see item “d” below). In 2025, the Company recognized an additional provision of US$167, substantially related to a revision of the estimated costs to complete the individual compensation programs. c) Remaining legal proceedings With the Definitive Agreement, the public civil actions brought by the Brazilian Justice Institutions and Brazilian public authorities were substantially resolved and the parameters for compliance with the reparation and compensation for damages were defined. Thus, the remaining most relevant legal proceedings are shown below: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Claims in the United Kingdom and the Netherlands</td></tr> </table> In July 2024, Vale and BHP have entered into a confidential agreement without any admission of liability pursuant to Vale and BHP will share equally any potential payment obligations arising from the UK and Dutch Claims, described below. London claim - As a result of the rupture of Samarco’s Fundão dam failure, BHP Group Ltd (“BHP”) was named as defendant in group action claims for damages filed in the courts of England and Wales for approximately 610,000 claimants, between individuals, companies and municipalities from Brazil that were supposedly affected by the Samarco dam failure (the “UK Claim”). The proceeding was structured in phases, with the first phase devoted to assessing BHP’s liability for the Fundão dam failure. Following the trial of the first phase, held between October 2024 and March 2025, the English court issued a decision in November 2025 recognizing BHP’s liability under Brazilian law. The decision also confirmed the validity of the waivers and release agreements executed by claimants who had already been compensated in Brazil, which will reduce the number of claimants and the amount of the claims. As a result of this decision, the likelihood of loss in relation to this proceeding was reclassified as probable, and the Company recognized an additional provision of US$449 in the income statement as "Equity results and other results in associates and joint ventures", which is presented in the statement of financial position as "Liabilities related to associates and joint ventures", as it is associated with the failure of the Fundão tailings dam, owned by Samarco. BHP submitted a request for permission to appeal the first-phase decision, which is currently pending review. Any potential appeal does not suspend the progress of the proceedings, which will move forward to the second phase of trial, aimed at the discussion and determination of matters relating to the admissibility and extent of damages. The commencement of which is expected to take place in 2027. Subsequently, it is also likely that the English court will establish a third phase to determine the amounts of any potential compensation awards. Netherlands proceeding - A proceeding was filed against the Company by certain Brazilian municipalities, a company, and a foundation that represents thousands of individuals and some entities, alleging that they were affected by the failure of Samarco’s Fundão dam in 2015. In March 2024, a court in Amsterdam granted a preliminary injunction freezing the shares in Vale Holdings B.V., a wholly owned subsidiary incorporated in the Netherlands, and the economic rights attached to those shares, for securing the approximate amount of US$1,082 (EUR920 million). In 2025, with the adherence of three municipalities (Iapu, Ponte Nova and Rio Casca) to the Definitive Agreement, they ceased to be part of the litigation and the securing amount was reduced to approximately US$876 (EUR745.4 million). In October 2025, Vale submitted its defense regarding jurisdiction in the lawsuit filed against the Company, and the first hearing of the first stage of the proceedings is expected to take place in the second half of 2026. The likelihood of loss of this proceeding is considered possible. However, considering the initial phase, it is not yet possible to reliably estimate the amount of a potential loss, and an estimate may become quantifiable as the case progresses. d) Judicial reorganization of Samarco In April 2021, Samarco filed for Judicial Reorganization (“JR”) with the Courts of Minas Gerais to renegotiate its debt, which was held by bondholders abroad. The purpose of JR was to restructure Samarco’s debts and establish an independent and sustainable financial position, allowing Samarco to keep working to resume its operations safely and to fulfill its obligations for mitigation, remediation, and compensation of damages. In May 2023, Vale S.A. entered into a binding agreement jointly with BHPB, Samarco and certain creditors which hold together more than 50% of Samarco's debt, setting the parameters of Samarco’s debt restructuring to be implemented through a consensual restructuring plan, which was approved by the creditors, submitted to the JR Court in July 2023, and confirmed by the judge in September 2023. In December 2023, Samarco’s existing US$4.8 billion financial debt held by creditors was exchanged for approximately US$3.9 billion of long-term unsecured debt, bearing interest from 2023 to 2031. After the execution of the plan, Samarco has a lean capital structure, in line with its operational ramp-up and cash flow generation. The plan considers the fund for the reparation and compensation programs capped at US$1 billion from 2024 to 2030, of which US$434 has already been incurred, and additional contributions after that period due to its projected cash flows generation. In August 2025, Samarco's judicial reorganization process was concluded by decision of the 2nd Business Court of the District of Belo Horizonte, with a favorable opinion from the Public Prosecutor's Office of the State of Minas Gerais, which concluded that the judicial reorganization had fulfilled its purpose. Samarco will continue to comply with the remaining obligations, in accordance with the terms and deadlines established. e) Summarized financial information The summarized financial information of Samarco are as follows. The stand-alone financial statements of Samarco may differ from the financial information reported herein, which is prepared considering Vale’s accounting policies. <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--SchduleOfFinancialAssetsAndLiabilitiesTableTextBlock_pn6n6_z3dCLG4woKQh" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Liabilities related to associates and joint ventures (Details 1)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of financial information of Samarco</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 60%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 20%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 20%; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_981_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zS2xvNdWyi9c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">1,028</td> <td id="xdx_98C_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zA33D7wzk86l" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">659</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98C_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z0munkXJHsw3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current assets">5,758</td> <td id="xdx_98E_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zQlUCCeogeQb" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current assets">2,924</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets</td> <td id="xdx_988_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zDgrsC4aQQTd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">6,786</td> <td id="xdx_986_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zTMRuA3STbAi" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,583</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z9U9Yj69zSBa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">2,543</td> <td id="xdx_983_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zK5AyGTmqYed" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">4,026</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_98C_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zAZ13sTe6bB6" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current liabilities">20,228</td> <td id="xdx_989_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z0dTtdbpep6b" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current liabilities">17,603</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td id="xdx_98D_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zq0xAofvSKmd" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">22,771</td> <td id="xdx_986_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zpW56F5S5q0a" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">21,629</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Negative reserves</td> <td id="xdx_988_eifrs-full--OtherReserves_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z6wh6tHfeg58" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Negative reserves">(15,985)</td> <td id="xdx_981_eifrs-full--OtherReserves_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zwqBZLSMUae3" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Negative reserves">(18,046)</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Loss for the year ended</td> <td id="xdx_981_eifrs-full--ProfitLoss_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zupaaSnMTKN9" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) for the year ended">(4,622)</td> <td id="xdx_98A_eifrs-full--ProfitLoss_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zVuuC1FV23Ui" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) for the year ended">(7,371)</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr style="vertical-align: top"> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> <p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForUnderBrazilianLegislationPolicyTextBlock_zvdm6UnaBxuj" style="font: 10pt/120% Vale Sans,sans-serif; margin: 2.65pt 0 0; text-align: justify; color: #555555">A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made. The provision is recorded as "Equity method results and other results in associates and joint ventures" in the income statement. Liabilities related to associates and joint ventures Provisions are recognized and subsequently measured at the present value of the estimated expenditures required to settle the Company's obligation. The effect related to the passage of time is presented in the income statement of the respective period as financial results. </td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Under Brazilian legislation and the terms of the joint venture agreement, the Company does not have an obligation to provide funding to Samarco. Accordingly, the Company’s investment in Samarco was fully impaired and no provision was recognized in relation to the Samarco’s negative equity. The provision related to the Samarco dam failure requires the use of assumptions and estimates, which may significantly change due to: (i) the cost to complete the programs under the Definitive Agreement, (ii) the extent to which Samarco will be able to directly pay its future obligations related to remediation and compensation, considering that its cash flow projections mainly depend on Samarco's ability to resume maximum production levels and commodity prices, (iii) resolution of potential and existing legal claims, and (iv) updates to the discount rate. As a result, future expenditures may differ from the amounts currently provided and changes to key assumptions could result in a material impact to the amount of the provision in future reporting periods.</td></tr> </table> 616000000 449000000 167000000 <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--DisclosureOfChangesInProvisionRelatedToDamFailureExplanatory_pn6n6_zvoogNeQOHO7" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Liabilities related to associates and joint ventures (Details)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in provision related to dam failure</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 88%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_98A_ecustom--ChangesOnProvision_iS_c20250101__20251231_zf76yzRIHHl1" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on the provision, Beginning balance">3,663</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Increase in the provision and changes in estimates</td> <td id="xdx_982_ecustom--AdditionToProvisionDueToChangeInEstimates_c20250101__20251231_z8SGQwHUUV5j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition to the provision due to change in estimates">616</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Monetary and present value adjustments</td> <td id="xdx_980_ecustom--MonetaryAndPresentValueAdjustmentselatedToChangesInProvisions_c20250101__20251231_zFF1J4DlkkV3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Monetary and present value adjustments">188</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disbursements </td> <td id="xdx_98D_ecustom--DisbursementsRelatedToChangesInProvisions_c20250101__20251231_zFPX7qfme1pf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Disbursements">(2,298)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustments</td> <td id="xdx_983_ecustom--TranslationAdjustmentsRelatedToChangesInProvisions_c20250101__20251231_zxP0Fy5yLrzj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustments">444</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_987_ecustom--ChangesOnProvision_iE_c20250101__20251231_zszcNUiR5yr6" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on the provision, Ending balance">2,613</td></tr> </table> 3663000000 616000000 188000000 -2298000000 444000000 2613000000 0.0730 0.0766 31700000000 170000000000 956000000

167000000

449000000

876000000 745400000

4800000000

3900000000 1000000000 434000000000 <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--SchduleOfFinancialAssetsAndLiabilitiesTableTextBlock_pn6n6_z3dCLG4woKQh" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Liabilities related to associates and joint ventures (Details 1)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of financial information of Samarco</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 60%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 20%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 20%; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_981_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zS2xvNdWyi9c" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">1,028</td> <td id="xdx_98C_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zA33D7wzk86l" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">659</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98C_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z0munkXJHsw3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current assets">5,758</td> <td id="xdx_98E_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zQlUCCeogeQb" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current assets">2,924</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets</td> <td id="xdx_988_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zDgrsC4aQQTd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">6,786</td> <td id="xdx_986_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zTMRuA3STbAi" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,583</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z9U9Yj69zSBa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">2,543</td> <td id="xdx_983_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zK5AyGTmqYed" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">4,026</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_98C_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zAZ13sTe6bB6" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current liabilities">20,228</td> <td id="xdx_989_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z0dTtdbpep6b" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non current liabilities">17,603</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td id="xdx_98D_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zq0xAofvSKmd" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">22,771</td> <td id="xdx_986_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zpW56F5S5q0a" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">21,629</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Negative reserves</td> <td id="xdx_988_eifrs-full--OtherReserves_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_z6wh6tHfeg58" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Negative reserves">(15,985)</td> <td id="xdx_981_eifrs-full--OtherReserves_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zwqBZLSMUae3" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Negative reserves">(18,046)</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Loss for the year ended</td> <td id="xdx_981_eifrs-full--ProfitLoss_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zupaaSnMTKN9" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) for the year ended">(4,622)</td> <td id="xdx_98A_eifrs-full--ProfitLoss_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--SamarcoMember_zVuuC1FV23Ui" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) for the year ended">(7,371)</td></tr> </table>

1028000000

659000000

5758000000

2924000000

6786000000

3583000000

2543000000

4026000000

20228000000

17603000000

22771000000

21629000000

-15985000000

-18046000000

-4622000000

-7371000000

<p id="xdx_846_ecustom--DescriptionOfAccountingPolicyForUnderBrazilianLegislationPolicyTextBlock_zvdm6UnaBxuj" style="font: 10pt/120% Vale Sans,sans-serif; margin: 2.65pt 0 0; text-align: justify; color: #555555">A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made. The provision is recorded as "Equity method results and other results in associates and joint ventures" in the income statement. Liabilities related to associates and joint ventures Provisions are recognized and subsequently measured at the present value of the estimated expenditures required to settle the Company's obligation. The effect related to the passage of time is presented in the income statement of the respective period as financial results.

27. Legal and administrative proceedings The Company is a defendant in numerous legal and administrative actions in the ordinary course of business, including civil, tax, environmental and labor proceedings. The Company makes use of estimates to recognize the amounts and the probability of outflow of resources, based on reports and technical assessments and on management’s assessment. Provisions are recognized for probable losses of which a reliable estimate can be made. Arbitral, legal and administrative decisions against the Company, new jurisprudence and changes of existing evidence can result in changes regarding the probability of outflow of resources and on the estimated amounts, according to the assessment of the legal basis. The lawsuits related to Brumadinho event (note 25) and the Samarco dam failure (note 26) are presented in its specific notes to these financial statements and, therefore, are not disclosed below. a) Provision for legal and administrative proceedings Effects in income statements <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--DisclosureOfEffectsInIncomeStatementsTableTextBlock_z0VGyg2RNs8i" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects in income statements</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax litigations</td> <td id="xdx_98E_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zhnBMwQl6hac" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">57</td> <td id="xdx_988_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zSBd6fNkbzg3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">80</td> <td id="xdx_987_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zkRPALRC1505" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">(8)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Civil litigations </td> <td id="xdx_98F_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z2fFYGyO6uHi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">(21)</td> <td id="xdx_98E_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z1yTJLRNGAob" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">29</td> <td id="xdx_980_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zJcjP3THRTsj" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">70</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Labor litigations</td> <td id="xdx_98D_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zfBUtBPfbUec" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">171</td> <td id="xdx_983_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zdl9hqTnkPc7" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">191</td> <td id="xdx_98C_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zdvxZfPd1Bd2" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">167</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental litigations</td> <td id="xdx_984_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zxgqng4ZxTxh" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">31</td> <td id="xdx_983_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z7sJ0H981O7c" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">3</td> <td id="xdx_981_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zWJJTp2qpOza" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_983_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_z2NlwAb6Hmq7" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">238</td> <td id="xdx_985_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zh2NaOZeh4A9" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">303</td> <td id="xdx_981_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zH9OSPOvVNXi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">229</td></tr> </table> Changes in the provisions in the year <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--DisclosureOfProvisionsForLitigationTableTextBlock_pn6n6_zNWJSveAHqJl" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in provision for litigations</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 35%; font-family: Times New Roman,serif"> </td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Tax litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Civil litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Labor litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Environmental litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Total of litigation provision </td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zGQEgZmYYJN8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">201</td> <td id="xdx_98D_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zeQIGR4sahfd" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">290</td> <td id="xdx_987_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z97VtBZVrgKb" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">482</td> <td id="xdx_986_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z30tfKSuXIwd" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">40</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zX1HgvCxgB6i" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">1,013</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions and reversals, net</td> <td id="xdx_986_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_z4Phnqeku3Bd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">57</td> <td id="xdx_982_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zoQ9sbogCYo5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">(21)</td> <td id="xdx_98A_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zmSi2ZQAMbbj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">171</td> <td id="xdx_98A_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zvLV72fLEXxk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">31</td> <td id="xdx_98E_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zgfL3PN82fx9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">238</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payments</td> <td id="xdx_982_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_z6wdnK8ISjx5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(33)</td> <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z1KGvlfszFb3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(178)</td> <td id="xdx_98E_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z1H0cir2Ho68" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(102)</td> <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z9cxncSs96Xg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(30)</td> <td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zSRGjkjLJXJh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(343)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Indexation and interest</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zXlE6qleuANd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">48</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zVEMbvRb9bne" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">31</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zFL9cCFoJNMd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">43</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zGrvUAAIjcT9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">1</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zWaqvh1i6dR1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">123</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to held for sale and payables taxes</td> <td id="xdx_98D_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zfAlGYsW7Rv" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(79)</td> <td id="xdx_980_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zypub4CCHL38" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(5)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zBIMBzEnhwCl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(27)</td> <td id="xdx_985_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zXnwWszZTSR2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(111)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zPoFyZUKq7J" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">23</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zaTJO4o43JJ7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">33</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zvSObRV9Bc0h" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">63</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zAjcDatqOpq4" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_z4a3zsGWQyje" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">123</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_98B_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zyhQ0O1aKYg4" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">217</td> <td id="xdx_980_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zDuL2T6mPfLa" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">150</td> <td id="xdx_980_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z7Q71elImv72" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">657</td> <td id="xdx_984_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z0DcCFI3a2h" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">19</td> <td id="xdx_98C_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zhRBhwX2eXa5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">1,043</td></tr> </table> The Company has considered all information available to assess the likelihood of an outflow of resources and in the preparation of the estimate of the costs that may be required to settle the obligations. Tax litigations – The Company is party to several administrative and legal proceedings related mainly to the incidence of Brazilian federal contributions ("PIS" and "COFINS"), Value-added tax ("ICMS") and other taxes. The tax litigation related to income taxes is presented in note 5(d). Civil litigations – Refers to lawsuits for: (i) indemnities for losses, payments and contractual fines due to contractual imbalance or non-compliance that are alleged by suppliers, and (ii) land claims referring to real estate Vale's operational activities. Labor litigations – Refers to lawsuits for claims by in-house employees and service providers, primarily involving demands for additional compensation for overtime work, moral damages or health and safety conditions. Environmental litigations – Refers mainly to proceedings for environmental damages and issues related to environmental licensing. b) Contingent liabilities <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfContingentLiabilitiesClassifiedAsPossibleAndNoProvisionTableTextBlock_pn6n6_zz53jrDuEFWi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details 2)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of contingent liabilities</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="border-bottom: #007E7A 1pt solid; width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #929292 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax litigations</td> <td id="xdx_981_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zIoGswhikFha" style="border-bottom: #929292 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">7,218</td> <td id="xdx_985_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zbACNiYqp8kc" style="border-bottom: #929292 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">5,995</td></tr> <tr> <td style="border-bottom: #929292 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Civil litigations</td> <td id="xdx_987_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zXZJfKCUO7L5" style="border-bottom: #929292 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">2,111</td> <td id="xdx_989_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zXm1fB6xK3Wj" style="border-bottom: #929292 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">1,274</td></tr> <tr> <td style="border-bottom: #929292 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Labor litigations</td> <td id="xdx_98E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z5VtgYihsN8g" style="border-bottom: #929292 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">376</td> <td id="xdx_981_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zXVRbhaT7nyg" style="border-bottom: #929292 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">292</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental litigations</td> <td id="xdx_98F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zXZ8LzvEhl6g" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">1,201</td> <td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zzx1fUNQh979" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">1,050</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_98C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_z6D81ixl4LN8" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">10,906</td> <td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_znFn8ujI2cZf" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">8,611</td></tr> </table> The significant contingent liabilities for which the likelihood of loss is considered possible are discussed below. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Tax proceedings - Financial compensation for the exploration of mineral resources (“CFEM”) </td></tr> </table> The Company is engaged in numerous administrative and judicial proceedings related to the mining royalty known as CFEM. These proceedings arise from assessments by the Brazilian National Mining Agency (“Agência Nacional de Mineração – ANM”, former “DNPM”), which main discussions involve the deduction of taxes, insurance and transportation costs indicated in the corresponding invoice of CFEM payments, in addition to CFEM charges on pellet sales and the revenues from sales made by our foreign subsidiaries. The Company estimates the possible losses resulting from these proceedings to be US$<span id="xdx_90B_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CfemRelatedProceedingsMember_z1FIc0wkE6Xh" title="Estimated Loss on Legal Proceedings">2,301 as of December 31, 2025 (December 31, 2024: US$<span id="xdx_903_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CfemRelatedProceedingsMember_ziSKTMoq5UG7" title="Estimated Loss on Legal Proceedings">1,835). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Tax proceedings – PIS/COFINS </td></tr> </table> The Company is a party to several claims related to the alleged misuse of PIS and COFINS credits (federal taxes levied on the companies’ gross revenue). Brazilian tax legislation authorizes taxpayers to deduct PIS and COFINS tax credits, such as those referring to the acquisition of inputs for the production process and other items. The tax authorities mainly claim that (i) some credits were not related to the production process, and (ii) the right to use the tax credits was not adequately proven. The Company is discussing the afore mentioned charges related to credits determined as of 2002. The chances of loss related to these lawsuits classified as possible total US$<span id="xdx_909_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--AssessmentsAndLegalProceedingsRelatedToPisCofinsMember_zY3XTqLnOXPf" title="Estimated Loss on Legal Proceedings">2,824 as of December 31, 2025 (December 31, 2024: US$<span id="xdx_906_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--AssessmentsAndLegalProceedingsRelatedToPisCofinsMember_zKRIed5GfK8c" title="Estimated Loss on Legal Proceedings">2,326). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Tax proceedings – Tax on Services (“ISS”)</td></tr> </table> The Company is party to several administrative and judicial proceedings related to the collection of ISS in several Brazilian municipalities. The tax authorities’ main allegations for those proceedings are: (i) the tax basis used for computing the tax payable was incorrect; (ii) failure to pay ISS related to third-party property and business management services; and (iii) the incidence of ISS over own goods port handling services (“self-service”). As of December 31, 2025, the total amount of the possible loss is US$<span id="xdx_90B_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxOnServicesMember_zKAEemJvQyt6" title="Estimated Loss on Legal Proceedings">794 (December 31, 2024: US$<span id="xdx_903_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxOnServicesMember_zBjxBvf3num8" title="Estimated Loss on Legal Proceedings">739). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Tax proceedings – Value added tax on services and circulation of goods (“ICMS”)</td></tr> </table> The Company is engaged in several administrative and judicial proceedings relating to additional charges of ICMS by the tax authorities of different Brazilian states. In each of these proceedings, the tax authorities claim that (i) misuse of tax credit; (ii) the Company is required to pay the ICMS on acquisition of electricity (iii) operations related to the collection of tax rate differential (“DIFAL”) and (iv) incidence of ICMS on its own transportation. The total amount classified as a possible loss is US$<span id="xdx_900_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--AssessmentsAndLegalProceedingsRelatedToTaxOnServicesMember_zjYu2yknqr5l" title="Estimated Loss on Legal Proceedings">533 as of December 31, 2025 (December 31, 2024: US$<span id="xdx_903_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--AssessmentsAndLegalProceedingsRelatedToTaxOnServicesMember_zKLH5LBGtfcf" title="Estimated Loss on Legal Proceedings">389). <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 12pt">Civil litigations – Notices of Infraction issued by the National Mining Agency (“ANM”)</td></tr> </table> In 2026 (subsequent event), Vale received notices of infraction issued by the National Mining Agency (ANM) related to the Pico mine in Itabirito (MG), the Mar Azul mine in Nova Lima (MG), and the overflow that occurred at Pit 18 of the Fábrica Mine in Congonhas (MG), seeking the imposition of fines in the amounts of US$<span id="xdx_903_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--NationalMiningAgencyMember_zEe4H9ZailGa" title="Estimated Loss on Legal Proceedings">23, US$211 and US$74, respectively, based on alleged violations under ANM resolutions. The Company will submit administrative defenses contesting these notices, and the likelihood of loss was classified as possible. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 12pt">Civil litigations - Public civil action in the Tamanduá Mine</td></tr> </table> In August 2025, the Brazilian Federal Attorney General’s Office filed a public civil action against Vale in the Brazilian Federal Regional Court of the 6th Region, based on the grounds of alleged mining in an area outside the boundaries of the Tamanduá Mine, located in Nova Lima (MG). The claim amount is US$381, and the risk of loss in this proceeding was classified as possible as of December 31, 2025. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse"> <tr style="vertical-align: top; background-color: #F2F2F2"> <td style="border-bottom: #BFBFBF 1pt solid; font: 12pt/12pt Times New Roman, Times, Serif; width: 100%; text-align: justify">Environmental litigations – Water overflow at Fabrica mine</td></tr> </table> In February 2026 (subsequent event), Vale received ten notices of infraction issued by the National Mining Agency (“ANM”) in connection with the overflow that occurred at the Fábrica Mine in January 2026 (subsequent event), seeking the imposition of fines in the total amount of R$<span id="xdx_90C_ecustom--EstimatedLossOnLegalProceedings_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--WaterOverflowFabricMmineMember_zWVYIDdZz603" title="Estimated Loss on Legal Proceedings">409 (US$<span id="xdx_901_ecustom--EstimatedLossOnLegalProceeding_pn6n6_uUSD_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--WaterOverflowFabricMmineMember_z2srhP001ZZ4" title="Estimated Loss on Legal Proceeding">74 million) based on alleged violations under ANM Resolution 223/2025. The Company will submit administrative defenses contesting these notices, and the likelihood of loss is assessed as possible. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Environmental litigations – Iron ore operations in Itabira </td></tr> </table> The Company is a party to two lawsuits filed by the municipality of Itabira, in the state of Minas Gerais. The first is a public civil action filed by the municipality of Itabira in August 1996, alleging that Vale's iron ore operations in Itabira caused environmental, social, and alleged environmental degradation damages to the site, and requesting the immediate recovery of the affected ecological complex and the implementation of compensatory environmental programs in the region. In the second action, filed in September 1996, the municipality of Itabira claims the right to be reimbursed for expenses incurred in relation to public services provided as a result of mining activities. The damages claimed, updated since the date of the action, total US$<span id="xdx_908_ecustom--LossContingencyDamageSoughtValue_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationsIronOreOperationsInItabiraMember_ziB0UMwrH69j" title="Loss contingency damages sought value">573 on December 31, 2025 (2024: US$<span id="xdx_905_ecustom--LossContingencyDamageSoughtValue_pn6n6_c20240101__20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationsIronOreOperationsInItabiraMember_zRquOiKfnAM1" title="Loss contingency damages sought value">460). Both actions are in the procedural instruction phase, and the Company has assessed the risk of loss as possible. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Environmental litigations – Public Civil Action of Maravilhas II and III and Forquilhas V </td></tr> </table> The Company is a party to public civil actions filed by the Public Prosecutor's Office of the State of Minas Gerais and the municipality of Jeceaba requesting the suspension of tailings disposal in the Maravilhas II and III dam (Vargem Grande complex) and Forquilhas V (Fábrica complex). The actions are ongoing, and evidence is awaited for subsequent judgment of the case. The Company considers the risk of loss to be possible. However, the amount of any losses resulting from the possible shutdown of these operations or compensation actions cannot be reliably estimated. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 12pt">Environmental litigations – Proceeding related to the Tubarão Port</td></tr> </table> In July 2006, the National Association of Friends of the Environment (ANAMA) filed a class action against Vale, the State of Espírito Santo, the Environmental Institute of the State of Espírito Santo (IEMA), the Municipality of Vitória, the Federal Union, and the Brazilian Institute of Environment and Renewable Natural Resources (Ibama). ANAMA requested compensation for the pollution allegedly caused in the Metropolitan Region of the Municipality of Vitória and the suspension of the operating license. In 2018, the Company entered into an agreement that established investments to improve atmospheric emissions control at the Tubarão Port and pelletizing plants. This agreement should have halted the continuation of the lawsuit. However, despite the conclusions of the judicial technical evidence and the execution of the agreement, in November 2023, the court established that Vale should present additional technical evidence to assess the Company's contribution to the air quality of the metropolitan region of Vitória, in the state of Espírito Santo. The Company is defending these proceedings and considers the risk of loss to be possible. However, the amount of any losses resulting from the possible shutdown of these operations or compensation actions to prevent the suspension of the license cannot be reliably estimated. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom; background-color: #F3F3F3"> <td style="border-bottom: #D9D9D9 1pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Environmental litigations – Stella Banner Accident</td></tr> </table> In December 2020, the Federal Public Prosecutor's Office (MPF) filed a public civil action against Vale seeking compensation for the alleged environmental damages and reimbursement of expenses incurred by public authorities. In April 2022, the MPF filed a criminal action before the Federal Court against the captain of the carrier, Polaris, and Vale, for the alleged crime of pollution through the unauthorized discharge of oily waste. In November 2023, the court accepted the complaint for the alleged crime of pollution through the discharge of oil into the sea. The Company is defending these proceedings and considers the risk of loss to be possible. However, it is not yet possible to reliably estimate the amount of a potential loss. c) Judicial deposits <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfJudicialDepositsTableTextBlock_pn6n6_zTqcNKHTO4V2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details 3)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of judicial deposits</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax litigations</td> <td id="xdx_98B_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zRMRsEVoY8y6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">386</td> <td id="xdx_98F_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zrxO9N3hc2rf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">338</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Civil litigations</td> <td id="xdx_982_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z2Xi3xit3513" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">156</td> <td id="xdx_988_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zErenXpTh6fd" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">78</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Labor litigations</td> <td id="xdx_98E_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_za3onU6MCOtd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">97</td> <td id="xdx_98F_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z8ftRtdTmMM7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">110</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental litigations</td> <td id="xdx_985_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zETLcBjvTD88" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">12</td> <td id="xdx_98A_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zq3ZEYfYVeJa" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">11</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_985_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zN5gaQpr0Pid" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">651</td> <td id="xdx_98A_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zWoVslLA3JI2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">537</td></tr> </table> d) Guarantees contracted for legal proceedings In addition to the above-mentioned tax, civil, labor and environmental judicial deposits, the Company contracted US$3.5 billion (December 31, 2024: US$2.9 billion) in guarantees for its lawsuits, as an alternative to judicial deposits. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made. The provision is recorded an expense in the income statement. Legal proceedings Provisions are recognized and subsequently measured at the best estimate of the expenditures required to settle the Company's obligation. This obligation is updated based on the developments of the judicial/administrative process or interest accretion and can be reversed if the expectation of loss is not considered probable due to changes in circumstances or when the obligation is settled. Contingent assets are disclosed when the related economic benefits are probable and are only recognized in the financial statements in the period in which their realization is virtually certain.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Legal and administrative proceedings are contingent by nature, that is, it will be resolved when one or more future event occurs or fails to occur. Typically, the occurrence or not of such events is outside of the Company’s control. Legal uncertainties involve the application of significant estimates and judgments by management regarding the potential outcomes of future events.</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--DisclosureOfEffectsInIncomeStatementsTableTextBlock_z0VGyg2RNs8i" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effects in income statements</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; width: 58%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax litigations</td> <td id="xdx_98E_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zhnBMwQl6hac" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">57</td> <td id="xdx_988_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zSBd6fNkbzg3" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">80</td> <td id="xdx_987_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zkRPALRC1505" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">(8)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Civil litigations </td> <td id="xdx_98F_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z2fFYGyO6uHi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">(21)</td> <td id="xdx_98E_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z1yTJLRNGAob" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">29</td> <td id="xdx_980_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zJcjP3THRTsj" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">70</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Labor litigations</td> <td id="xdx_98D_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zfBUtBPfbUec" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">171</td> <td id="xdx_983_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zdl9hqTnkPc7" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">191</td> <td id="xdx_98C_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zdvxZfPd1Bd2" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">167</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental litigations</td> <td id="xdx_984_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zxgqng4ZxTxh" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">31</td> <td id="xdx_983_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z7sJ0H981O7c" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">3</td> <td id="xdx_981_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zWJJTp2qpOza" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_983_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_z2NlwAb6Hmq7" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">238</td> <td id="xdx_985_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zh2NaOZeh4A9" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">303</td> <td id="xdx_981_ecustom--EstimatedFinancialEffectOIncomeStatements_iI_pn6n6_c20231231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zH9OSPOvVNXi" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effects in income statements">229</td></tr> </table> 57000000 80000000 -8000000 -21000000 29000000 70000000 171000000 191000000 167000000 31000000 3000000 238000000 303000000 229000000 <table cellpadding="0" cellspacing="0" id="xdx_896_ecustom--DisclosureOfProvisionsForLitigationTableTextBlock_pn6n6_zNWJSveAHqJl" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of changes in provision for litigations</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 35%; font-family: Times New Roman,serif"> </td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Tax litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Civil litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Labor litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Environmental litigation</td> <td style="width: 13%; font-family: Times New Roman,serif; text-align: right">Total of litigation provision </td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zGQEgZmYYJN8" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">201</td> <td id="xdx_98D_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zeQIGR4sahfd" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">290</td> <td id="xdx_987_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z97VtBZVrgKb" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">482</td> <td id="xdx_986_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z30tfKSuXIwd" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">40</td> <td id="xdx_981_eifrs-full--OtherProvisions_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zX1HgvCxgB6i" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the beginning">1,013</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Additions and reversals, net</td> <td id="xdx_986_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_z4Phnqeku3Bd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">57</td> <td id="xdx_982_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zoQ9sbogCYo5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">(21)</td> <td id="xdx_98A_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zmSi2ZQAMbbj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">171</td> <td id="xdx_98A_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zvLV72fLEXxk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">31</td> <td id="xdx_98E_ecustom--UnusedProvisionReversedOtherProvision_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zgfL3PN82fx9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Additions and reversals, net">238</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payments</td> <td id="xdx_982_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_z6wdnK8ISjx5" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(33)</td> <td id="xdx_980_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z1KGvlfszFb3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(178)</td> <td id="xdx_98E_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z1H0cir2Ho68" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(102)</td> <td id="xdx_98F_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z9cxncSs96Xg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(30)</td> <td id="xdx_984_eifrs-full--ProvisionUsedOtherProvisions_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zSRGjkjLJXJh" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payments">(343)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Indexation and interest</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zXlE6qleuANd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">48</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zVEMbvRb9bne" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">31</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zFL9cCFoJNMd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">43</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zGrvUAAIjcT9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">1</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughChangeInDiscountRateOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zWaqvh1i6dR1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Indexation and interest">123</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Transfer to held for sale and payables taxes</td> <td id="xdx_98D_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zfAlGYsW7Rv" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(79)</td> <td id="xdx_980_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zypub4CCHL38" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(5)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zBIMBzEnhwCl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(27)</td> <td id="xdx_985_ecustom--IncreaseDecreaseThroughTransferToHeldForSaleAndPayablesTaxes_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zXnwWszZTSR2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer to held for sale and payables taxes">(111)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zPoFyZUKq7J" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">23</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zaTJO4o43JJ7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">33</td> <td id="xdx_987_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zvSObRV9Bc0h" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">63</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zAjcDatqOpq4" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td id="xdx_986_eifrs-full--IncreaseDecreaseThroughNetExchangeDifferencesOtherProvisions_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_z4a3zsGWQyje" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">123</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_98B_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zyhQ0O1aKYg4" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">217</td> <td id="xdx_980_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zDuL2T6mPfLa" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">150</td> <td id="xdx_980_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z7Q71elImv72" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">657</td> <td id="xdx_984_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_z0DcCFI3a2h" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">19</td> <td id="xdx_98C_eifrs-full--OtherProvisions_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zhRBhwX2eXa5" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Balance at the ending">1,043</td></tr> </table>

201000000

290000000

482000000

40000000

1013000000

57000000 -21000000 171000000 31000000 238000000

33000000

178000000

102000000

30000000

343000000

48000000

31000000

43000000

1000000

123000000

-79000000 -5000000 -27000000 -111000000

23000000

33000000

63000000

4000000

123000000

217000000

150000000

657000000

19000000

1043000000

<table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfContingentLiabilitiesClassifiedAsPossibleAndNoProvisionTableTextBlock_pn6n6_zz53jrDuEFWi" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details 2)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of contingent liabilities</td> <td style="background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="border-bottom: #007E7A 1pt solid; width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-bottom: #007E7A 1pt solid; width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #929292 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax litigations</td> <td id="xdx_981_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zIoGswhikFha" style="border-bottom: #929292 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">7,218</td> <td id="xdx_985_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zbACNiYqp8kc" style="border-bottom: #929292 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">5,995</td></tr> <tr> <td style="border-bottom: #929292 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Civil litigations</td> <td id="xdx_987_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zXZJfKCUO7L5" style="border-bottom: #929292 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">2,111</td> <td id="xdx_989_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zXm1fB6xK3Wj" style="border-bottom: #929292 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">1,274</td></tr> <tr> <td style="border-bottom: #929292 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Labor litigations</td> <td id="xdx_98E_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z5VtgYihsN8g" style="border-bottom: #929292 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">376</td> <td id="xdx_981_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_zXVRbhaT7nyg" style="border-bottom: #929292 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">292</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental litigations</td> <td id="xdx_98F_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zXZ8LzvEhl6g" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">1,201</td> <td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zzx1fUNQh979" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">1,050</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_98C_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_z6D81ixl4LN8" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">10,906</td> <td id="xdx_98A_eifrs-full--EstimatedFinancialEffectOfContingentLiabilities_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_znFn8ujI2cZf" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Contingent liabilities">8,611</td></tr> </table>

7218000000

5995000000

2111000000

1274000000

376000000

292000000

1201000000

1050000000

10906000000

8611000000

2301000000 1835000000 2824000000 2326000000 794000000 739000000 533000000 389000000 23000000 211000000 74000000 381000000 409000000 74000000 573000000 460000000 <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfJudicialDepositsTableTextBlock_pn6n6_zTqcNKHTO4V2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Legal and administrative proceedings (Details 3)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of judicial deposits</td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 66%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 17%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Tax litigations</td> <td id="xdx_98B_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zRMRsEVoY8y6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">386</td> <td id="xdx_98F_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--TaxLitigationMember_zrxO9N3hc2rf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">338</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Civil litigations</td> <td id="xdx_982_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_z2Xi3xit3513" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">156</td> <td id="xdx_988_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--CivilLitigationMember_zErenXpTh6fd" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">78</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Labor litigations</td> <td id="xdx_98E_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_za3onU6MCOtd" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">97</td> <td id="xdx_98F_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--LaborLitigationMember_z8ftRtdTmMM7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">110</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Environmental litigations</td> <td id="xdx_985_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zETLcBjvTD88" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">12</td> <td id="xdx_98A_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EnvironmentalLitigationMember_zq3ZEYfYVeJa" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">11</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_985_ecustom--JudicialDepositsNonCurrent_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zN5gaQpr0Pid" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">651</td> <td id="xdx_98A_ecustom--JudicialDepositsNonCurrent_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__ifrs-full--LegalProceedingsProvisionMember_zWoVslLA3JI2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Judicial deposits, non-current">537</td></tr> </table> 386000000 338000000 156000000 78000000 97000000 110000000 12000000 11000000 651000000 537000000 3500000000 3500000000 2900000000 A provision is recognized when there is a present obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation and a reliable estimate can be made. The provision is recorded an expense in the income statement. Legal proceedings Provisions are recognized and subsequently measured at the best estimate of the expenditures required to settle the Company's obligation. This obligation is updated based on the developments of the judicial/administrative process or interest accretion and can be reversed if the expectation of loss is not considered probable due to changes in circumstances or when the obligation is settled. Contingent assets are disclosed when the related economic benefits are probable and are only recognized in the financial statements in the period in which their realization is virtually certain. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #007E7A 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Legal and administrative proceedings are contingent by nature, that is, it will be resolved when one or more future event occurs or fails to occur. Typically, the occurrence or not of such events is outside of the Company’s control. Legal uncertainties involve the application of significant estimates and judgments by management regarding the potential outcomes of future events.</td></tr> </table>

28. Commitments and guarantees The Company has unrecognized contractual commitments related to long-term contracts for fuel supply, acquisition of raw materials essential to operations, and the contracting of various services in the amount of US$5,511 (2024: US$6,421). Vale also has guarantees granted to associates and joint ventures, as well as for asset decommissioning obligations, which are presented below: <table cellpadding="0" cellspacing="0" id="xdx_881_eifrs-full--DisclosureOfInformationAboutLiquidityArrangementsGuaranteesOrOtherCommitmentsWithThirdPartiesThatMayAffectFairValueOrRiskOfInterestsInStructuredEntitiesExplanatory_pn6n6_zAEcavQdULuf" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Commitments and guarantees (Details)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of guarantees</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif">December 31, </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; width: 40%; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Guarantee</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Restricted cash</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Liability</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Guarantee</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Restricted cash</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Liability</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Associates and joint ventures</td> <td id="xdx_98D_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zb7k1GjuUL0e" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">233</td> <td id="xdx_98B_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zeOldIX1Ya89" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_988_ecustom--OthersLiabilities_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zMbcSIP8V6db" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td> <td id="xdx_989_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_z4i7HCRex7Mc" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">210</td> <td id="xdx_980_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zuqOsLiEJfD1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_98A_ecustom--OthersLiabilities_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zQ0MlEhHFJTe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets retirement obligations</td> <td id="xdx_98D_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zfZZQZq7OdO2" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,134</td> <td id="xdx_989_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zRIvt7WQ7bbf" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_987_ecustom--OthersLiabilities_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_ziaFPBaG7TH7" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td> <td id="xdx_983_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zE9XwE2Kp3s1" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,091</td> <td id="xdx_98B_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_za3H4jmawVRa" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_98F_ecustom--OthersLiabilities_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zN5Xb4fNwjW7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_980_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20251231_zrUpZ8l386Og" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,367</td> <td id="xdx_98D_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231_zTjNpj34O1he" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_985_ecustom--OthersLiabilities_iI_pn6n6_c20251231_zEbt6yJsrDB7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td> <td id="xdx_982_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20241231_zdDLKsIhJgre" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,301</td> <td id="xdx_989_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231_zGYea6YcB3uf" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_986_ecustom--OthersLiabilities_iI_pn6n6_c20241231_ztybgLhCnJRf" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td></tr> </table> Guarantees for associates and joint ventures - The Company has issued financial guarantees to certain associates and joint ventures to the extent of its direct and indirect ownership interest. Guarantees related to asset retirement obligations - The Company has financial guarantees provided for the asset retirement obligations of its Vale Base Metals operations in Canada. In addition, for Indonesia, Vale has bank deposits to guarantee asset retirement obligations. Guarantees for loans and financing - The securities issued through Vale’s wholly owned finance subsidiary Vale Overseas Limited are fully and unconditionally guaranteed by Vale. <img alt="" src="valedfifrs4q256k_017.jpg"/>

5511000000 6421000000

<table cellpadding="0" cellspacing="0" id="xdx_881_eifrs-full--DisclosureOfInformationAboutLiquidityArrangementsGuaranteesOrOtherCommitmentsWithThirdPartiesThatMayAffectFairValueOrRiskOfInterestsInStructuredEntitiesExplanatory_pn6n6_zAEcavQdULuf" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Commitments and guarantees (Details)"> <tr style="vertical-align: top"> <td style="background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of guarantees</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif">December 31, </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; width: 40%; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Guarantee</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Restricted cash</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Liability</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Guarantee</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Restricted cash</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Liability</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Associates and joint ventures</td> <td id="xdx_98D_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zb7k1GjuUL0e" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">233</td> <td id="xdx_98B_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zeOldIX1Ya89" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_988_ecustom--OthersLiabilities_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zMbcSIP8V6db" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td> <td id="xdx_989_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_z4i7HCRex7Mc" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">210</td> <td id="xdx_980_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zuqOsLiEJfD1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_98A_ecustom--OthersLiabilities_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssociatesaAndJointVenturesMember_zQ0MlEhHFJTe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets retirement obligations</td> <td id="xdx_98D_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zfZZQZq7OdO2" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,134</td> <td id="xdx_989_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zRIvt7WQ7bbf" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_987_ecustom--OthersLiabilities_iI_pn6n6_c20251231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_ziaFPBaG7TH7" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td> <td id="xdx_983_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zE9XwE2Kp3s1" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,091</td> <td id="xdx_98B_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_za3H4jmawVRa" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_98F_ecustom--OthersLiabilities_iI_pn6n6_c20241231__ifrs-full--TypesOfHedgesAxis__custom--AssetsRetirementObligationsMember_zN5Xb4fNwjW7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_980_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20251231_zrUpZ8l386Og" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,367</td> <td id="xdx_98D_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20251231_zTjNpj34O1he" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_985_ecustom--OthersLiabilities_iI_pn6n6_c20251231_zEbt6yJsrDB7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td> <td id="xdx_982_eifrs-full--ExposureToCreditRiskOnLoanCommitmentsAndFinancialGuaranteeContracts_iI_pn6n6_c20241231_zdDLKsIhJgre" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Guarantee">1,301</td> <td id="xdx_989_eifrs-full--CurrentRestrictedCashAndCashEquivalents_iI_pn6n6_c20241231_zGYea6YcB3uf" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Restricted cash">–</td> <td id="xdx_986_ecustom--OthersLiabilities_iI_pn6n6_c20241231_ztybgLhCnJRf" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liability">–</td></tr> </table>

233000000

210000000

1134000000

1091000000

1367000000

1301000000

29. Equity a) Share capital As of December 31, 2025, the share capital was US$61,614 corresponding to 4,539,007,580 shares issued and fully paid without par value. The Board of Directors may, regardless of changes to by-laws, approve the issue and cancelation of common shares, including the capitalization of profits and reserves to the extent authorized. <table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_pn6n6_zOoovo2wGVXg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of share capital</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; width: 58%; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Previ (i)</td> <td id="xdx_980_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--PreviMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zQEvxUpSaKJi" style="border-bottom: #D9D9D9 1pt solid; width: 14%; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">381,002,396</td> <td style="border-bottom: #D9D9D9 1pt solid; width: 14%; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--PreviMember_z6lYFQdvSmH2" style="border-bottom: #D9D9D9 1pt solid; width: 14%; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">381,002,396</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Mitsui&co (i)</td> <td id="xdx_987_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--MitsuiCo.LtdMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zC4rnRVweM73" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">286,347,055</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--MitsuiCo.LtdMember_zGXqBqWTKUP1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">286,347,055</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Blackrock, Inc (ii)</td> <td id="xdx_98E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--BlackrockIncMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuTq9QEafQha" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">267,178,371</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--BlackrockIncMember_z6gXj6RmZ0vd" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">267,178,371</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total shareholders with more than 5% of capital</td> <td id="xdx_983_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--ShareholdersWithMoreThan5OfTotalCapitalMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zTrs8m5FiAmd" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">934,527,822</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--ShareholdersWithMoreThan5OfTotalCapitalMember_zztgfU5SAxid" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">934,527,822</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Free floating</td> <td id="xdx_98E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--FreeFloatingMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zjmWmY2MASNg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">3,334,252,319</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--FreeFloatingMember_zxcjkzDFPyl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">3,334,252,319</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Golden shares (iii)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zpQrajZ0HUT7" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">12</td> <td id="xdx_988_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember_zu53xPh6apxj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">12</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total outstanding (without shares in treasury)</td> <td id="xdx_983_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zLoLUPrRXm2g" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">4,268,780,141</td> <td id="xdx_982_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember_zh2ZxdPv7zoj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">12</td> <td id="xdx_984_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231_zKZG3oM3pSAb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">4,268,780,153</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Shares in treasury</td> <td id="xdx_98F_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zpF3BxTrQmxl" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares in treasury">270,227,427</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20251231_zW93eR1b6PMf" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares in treasury">270,227,427</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total capital</td> <td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zTQYfXdT7Hyc" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total issued shares">4,539,007,568</td> <td id="xdx_98A_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember_zgedYBljDv55" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total issued shares">12</td> <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20251231_zWYgUZp5srmb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total issued shares">4,539,007,580</td></tr> </table> (i) Number of shares owned by shareholders, as per statement provided by the custodian, based on shares listed at B3. (ii) Number of shares as reported in BlackRock, Inc.’s Schedule 13G/A, filed with the SEC. (iii) Number of special class preferred shares ("golden shares") held by the Brazilian Federal Government, which grants it limited veto power over certain Company resolutions, as well as the right to elect and dismiss one member to the Fiscal Council. In January, 2026 (subsequent event), Capital World Investors reported an increase in its shareholding interest in Vale S.A., bringing its ownership to <span id="xdx_903_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20260131__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--NonadjustingEventMember_zYouu5eRoaki" title="Shareholding interest">227,690,911 shares, representing <span id="xdx_907_ecustom--ShareholdingInterestRate_iI_pip0_dp_c20260131__ifrs-full--NonadjustingEventsAfterReportingPeriodAxis__custom--NonadjustingEventMember_zqUXDlOVwIX" title="Shareholding interest rate">5.02% of the total shares issued. b) Cancellation of treasury shares During 2023, the Board of Directors approved cancellations of common shares issued by the Company, acquired and held in treasury, without reducing the amount of its share capital, as shown below. The effects were transferred in shareholders' equity as "Treasury shares cancelled", between the "Revenue reserve" and "Treasury shares". There were no shares cancellations in 2024 and in 2025. <table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn6n6_zTP61pFQ3Mo5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 1)"> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of cancelation of treasury shares</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 58%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 21%; font-family: Times New Roman,serif; text-align: right">Number of canceled shares</td> <td style="vertical-align: top; width: 21%; font-family: Times New Roman,serif; text-align: right">Carrying amount</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Cancellation approved on March 2, 2023</td> <td id="xdx_983_ecustom--NumberOfSharesHeldInTreasuryCancelled_c20230301__20230302__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_z4eZxxg7h381" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares held in treasury cancelled">239,881,683</td> <td id="xdx_987_ecustom--TreasurySharesCarryingAmount_pn6n6_c20230301__20230302__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_ziNHozm4993j" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Treasury shares carrying amount">4,164</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2023</td> <td id="xdx_98B_ecustom--NumberOfSharesHeldInTreasuryCancelled_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_z15EjGwhaE97" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares held in treasury cancelled">239,881,683</td> <td id="xdx_989_ecustom--TreasurySharesCarryingAmount_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_zKSGhn1adsNi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Treasury shares carrying amount">4,164</td></tr> </table> c) Share buyback program On February 19, 2025, the Board of Directors approved the common shares buyback program, limited to a maximum of 120,000,000 common shares or their respective ADRs, with a term of 18 months started from the end of the ongoing program. No share buybacks were carried out in 2025. <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfDividendsExplanatory_pn6n6_zuHM3YZtTLWl" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 2)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of share buyback program</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total of shares repurchased</td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Effect on cash flows</td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 47%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Shares buyback program up to 150,000,000 shares (i)</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by Parent</td> <td id="xdx_983_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zpUvVg7Im0Ig" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_981_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zI0aMBFb91Qa" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">18,251,159</td> <td id="xdx_989_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zXZjTgKik7o8" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">1,500,000</td> <td id="xdx_989_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zAG2uP8AHth8" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98D_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zirQldaj25s4" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">240</td> <td id="xdx_98E_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_z4qzEmr6kLh4" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">22</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by wholly owned subsidiaries</td> <td id="xdx_985_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z863574qT6Da" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_988_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z2apV8lPWECi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">12,672,414</td> <td id="xdx_98F_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z8hwGe0TmaG4" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">1,500,000</td> <td id="xdx_98B_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_zeYkOvGAw4q7" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98B_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_zeWfg4eXe1Dc" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">169</td> <td id="xdx_98F_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z0LvyJaycJMg" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">22</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td id="xdx_981_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zLAEnTThwJD6" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_980_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zbMzMInjtYPk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">30,923,573</td> <td id="xdx_98D_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zjtkf6mf7v3b" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">3,000,000</td> <td id="xdx_986_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zMMcb35bGK5d" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_987_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zpuRFI7x6Zx1" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">409</td> <td id="xdx_987_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zItJiItA8dI5" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">44</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Shares buyback program up to 500,000,000 shares (ii)</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by Parent</td> <td id="xdx_987_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zpbxktui3uzk" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_989_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zl0xF88O1ae" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">-</td> <td id="xdx_98E_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zRUjBbKHI68k" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">93,638,352</td> <td id="xdx_980_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zjlk6R3x0Ro8" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_987_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zzsM9OugCLAe" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98A_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_z7hi4tcDXGm6" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">1,378</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by wholly owned subsidiaries</td> <td id="xdx_981_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_znYHeJIC9oUf" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_98C_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zLDZh5ZBsUJ5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">-</td> <td id="xdx_985_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_z4nADFvWcLAg" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">88,058,750</td> <td id="xdx_983_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zYnG4oEDJiLi" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98F_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zsOdK11fDsh2" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98D_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zaCkITYOAF1b" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">1,292</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_984_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zNPGHUOFC3o" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_987_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zdv8DJVannF1" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">-</td> <td id="xdx_98A_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zBbiynqnyygg" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">181,697,102</td> <td id="xdx_98B_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zQ0GxRHPXIYh" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_980_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zfoTnxA1KKGi" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98E_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zniYB245X8n9" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">2,670</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Shares buyback program</td> <td id="xdx_985_ecustom--ShareBuybackProgramNumberOfSharesAuthorizedToBeRepurchased_pip0_c20250101__20251231_zh5IJOhEM7cd" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Share buyback program number of shares authorized to be repurchased">-</td> <td id="xdx_983_ecustom--ShareBuybackProgramNumberOfSharesAuthorizedToBeRepurchased_pip0_c20240101__20241231_zejBbYiuyct7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of shares authorized to be repurchased">30,923,573</td> <td id="xdx_980_ecustom--ShareBuybackProgramNumberOfSharesAuthorizedToBeRepurchased_pip0_c20230101__20231231_zjrJDjcLLyMh" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of shares authorized to be repurchased">184,697,102</td> <td id="xdx_98E_ecustom--ShareBuybackProgramNumberOfValueAuthorizedToBeRepurchased_pn6n6_c20250101__20251231_zmYKO68tDrp" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of value authorized to be repurchased">-</td> <td id="xdx_984_ecustom--ShareBuybackProgramNumberOfValueAuthorizedToBeRepurchased_pn6n6_c20240101__20241231_zUodw33Fbhgh" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of value authorized to be repurchased">409</td> <td id="xdx_98E_ecustom--ShareBuybackProgramNumberOfValueAuthorizedToBeRepurchased_pn6n6_c20230101__20231231_zYIHfQ31fxHi" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of value authorized to be repurchased">2,714</td></tr> </table> (i) On October 26, 2023 a new share buyback program limited to a maximum of 150,000,000 common shares and their respective ADRs, for a period of up to 18 months. The program was terminated in 2025. (ii) On April 27, 2022, the Board of Directors approved the common share repurchase program, limited to a maximum of 500,000,000 common shares or their respective ADRs, for a period of up to 18 months. The program was terminated in 2023. d) Profit distribution <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfReservesAndOtherEquityInterestsExplanatory_pn6n6_zUxk4wRpwg07" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 3)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of profit distribution</td> <td id="xdx_491_20250101__20251231_zhUEuSuCQXVc" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_497_20240101__20241231_zjJ1TOybq9Ke" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_493_20230101__20231231_zrugYU4W4fKi" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; width: 55%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOwnersOfParent_zGnm8GTLtJbk"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Net income of the year</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,352</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,166</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,983</td></tr> <tr id="xdx_40B_ecustom--TaxIncentiveReserveToCalculateStockholdersRemuneration_iN_pn6n6_zkTuoikxjnm2"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Appropriation to tax incentive reserve</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(560)</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(392)</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(891)</td></tr> <tr id="xdx_403_ecustom--NetIncomeAfterAppropriationsToLegalReserveAndTaxIncentiveReserve_zJSK58bBrff5" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Net income after appropriations to tax incentive reserve</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,792</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,774</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,092</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_409_ecustom--MinimumRemunerationToShareholders_zFRV4uCFuQ07"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Minimum remuneration to shareholders (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">527</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,698</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,042</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_401_ecustom--AdditionalRemunerationAccordingToShareholdersRemunerationPolicy_z9p1JQk6DVi"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Additional remuneration according to shareholders remuneration policy (ii)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,800</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,394</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,066</td></tr> <tr id="xdx_407_ecustom--AdditionalRemunerationBeyondShareholdersRemunerationPolicy_zB155fibFsn8"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Additional remuneration beyond the shareholders remuneration policy (iii)</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,000</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">500</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,000</td></tr> <tr id="xdx_40B_ecustom--AdditionalRemunerationBeyondMandatoryMinimum_zaRsNe2LWuZf"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Additional remuneration beyond the mandatory minimum:</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,800</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,894</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,066</td></tr> <tr id="xdx_408_ecustom--AdditionalRemunerationFromNetIncomeForYear_z8p6SkxaN9kk"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">From the net income for the year</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,265</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,894</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,066</td></tr> <tr id="xdx_403_ecustom--AdditionalRemunerationFromProfitReserves_z6yeg916Vlui"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">From the profit reserves</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,535</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_400_ecustom--TotalRemunerationToShareholders_zRpjhwsnUs72"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total remuneration to shareholders</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,327</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,592</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,108</td></tr> <tr id="xdx_408_ecustom--AppropriationToStatutoryReserve_zRKgQIFJOH83"> <td style="border-bottom: silver 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Appropriation to statutory reserve</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,182</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">984</td></tr> </table> (i) Mandatory minimum remuneration corresponding to 25% of the net income after appropriations to legal reserve and tax incentive reserve, according to Vale S.A.’s by-laws. (ii) According to the Vale S.A.'s shareholders remuneration policy, minimum remuneration to Vale S.A.'s shareholders is calculated based on 30% of the adjusted EBITDA (as defined in note 3) less sustaining capital investments, which represented US$4,371 (2024: US$4,538 and 2023: US$4,269) for the year ended December 31, 2025. Therefore, the additional remuneration to comply with the policy was US$2,800. (iii) In addition, the Board of Directors approved dividends beyond the policy calculation in the amount of US$1,000, totaling US$4,327 in remuneration to shareholders. In 2022, the 20% limit of the share capital for the establishment of the legal reserve was reached, in accordance with Article 193 of Law 6,404 and Article 39 of the Parent Company’s Bylaws. e) Remuneration approved The Vale S.A.'s By-laws determines as its minimum mandatory remuneration to Vale shareholders an amount equal to 25% of the net income, after appropriations to legal and tax incentive reserves. The remuneration approved as interest on capital (“JCP”) is gross up with the income tax applicable to Vale’s shareholders. The remuneration to Vale’s shareholders was based on the following resolutions: <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfRemunerationApprovedTableTextBlock_pn6n6_ze8UzANIQfrj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 4)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of remuneration approved</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 60%; font-family: Times New Roman,serif"> </td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Approval date</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Payment date</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Remuneration per share (US$)</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Total amount approved </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2022</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2/16/2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/22/2023</td> <td id="xdx_988_ecustom--DividendsRemunerationPerShare_pip0_c20220101__20221231_zVkTBmMdaedd" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.352</td> <td id="xdx_980_eifrs-full--DividendPayables_iI_pn6n6_c20221231_zTPxrvYbuupl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends payables">1,569</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7/27/2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9/1/2023</td> <td id="xdx_983_ecustom--DividendsInterestOnCapitalRemunerationPerShare_pip0_c20230101__20231231_zEtd1ND31f9h" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.403</td> <td id="xdx_983_eifrs-full--InterestCostsCapitalised_pn6n6_c20230101__20231231_z9BBxnOsiQQ5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">1,744</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends and interest on capital (JCP) related to fiscal year 2023</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10/26/2023</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12/1/2023</td> <td id="xdx_988_ecustom--DividendInterestOnCapitalRemunerationPerShare_pip0_c20230101__20231231_zE8juu2ValOf" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividend Interest on capital remuneration per share">0.465</td> <td id="xdx_983_ecustom--DividendsRecognisedAsDistributionToOwnersOfParent_pn6n6_c20230101__20231231_zmmZBWHhhcD2" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends and interest on capital">2,000</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_981_eifrs-full--DividendsPaid_pn6n6_c20230101__20231231_zkAwIhgf8sy1" style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">5,313</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2/22/2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/19/2024</td> <td id="xdx_98A_ecustom--DividendsRemunerationPerShare_pip0_c20230101__20231231_z3HsGw9f1U0k" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.538</td> <td id="xdx_982_eifrs-full--DividendPayables_iI_pn6n6_c20231231_zFDEw1ZncFwl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends payables">2,364</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7/25/2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9/4/2024</td> <td id="xdx_987_ecustom--DividendsInterestOnCapitalRemunerationPerShare_pip0_c20240101__20241231_znlLsE6fecK3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.376</td> <td id="xdx_984_eifrs-full--InterestCostsCapitalised_pn6n6_c20240101__20241231_zXTfke5wSYS5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">1,608</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2024</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11/28/2024</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/14/2025</td> <td id="xdx_98A_ecustom--DividendsInterestOnCapitalRemunerationPerShare1_pip0_c20240101__20241231_zPS1EsYJFyc9" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.091</td> <td id="xdx_989_ecustom--InterestCostsCapitalised1_pn6n6_c20240101__20241231_zmXZqKY4IHG" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">388</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_982_eifrs-full--DividendsPaid_pn6n6_c20240101__20241231_zOqMKa3kSNwd" style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">4,360</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2/19/2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/14/2025</td> <td id="xdx_982_ecustom--DividendsRemunerationPerShare_pip0_c20240101__20241231_zVdO6MCnNtma" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.347</td> <td id="xdx_986_eifrs-full--DividendPayables_iI_pn6n6_c20241231_zOKsrcspfvW7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends payables">1,596</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7/31/2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9/3/2025</td> <td id="xdx_98B_ecustom--DividendsInterestOnCapitalRemunerationPerShare_pip0_c20250101__20251231_z0pSS6Xw1hYl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.339</td> <td id="xdx_98F_eifrs-full--InterestCostsCapitalised_pn6n6_c20250101__20251231_zXFiSkSoTkJ8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">1,448</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends and interest on capital (JCP) related to fiscal year 2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11/27/2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/4/2026</td> <td id="xdx_989_ecustom--DividendInterestOnCapitalRemunerationPerShare_pip0_c20250101__20251231_zusWNr6aWMf5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividend Interest on capital remuneration per share">0.440</td> <td id="xdx_987_ecustom--DividendsRecognisedAsDistributionToOwnersOfParent_pn6n6_c20250101__20251231_zZ7ITfYAUMCg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends and interest on capital">1,879</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2025</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11/27/2025</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1/7/2026</td> <td id="xdx_982_ecustom--DividendsRemunerationPerShare_pip0_c20250101__20251231_z2cofAtyVPOi" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.234</td> <td id="xdx_98C_eifrs-full--DividendPayables_iI_pn6n6_c20251231_z4PwAmOZXylg" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">1,000</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_983_eifrs-full--DividendsPaid_pn6n6_c20250101__20251231_za35jg8bnm5a" style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">5,923</td></tr> </table> e.i) Dividends reconciliation <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfDividendsReconciliationTableTextBlock_pn6n6_zpQTsf97Jth2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 5)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of dividends reconciliation</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in relation to the previous fiscal year"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 85%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif">December 31, 2024</td> <td id="xdx_98B_ecustom--DividendsReconciliation_iS_pn6n6_c20250101__20251231_zYlSlzV2IVCa" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends reconciliation, beginning balance">330</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Addition by decision of the Board of Directors in relation to the previous fiscal year</td> <td id="xdx_980_ecustom--AdditionByDecisionOfBoardOfDirectorsInRelationToPreviousFiscalYear_pn6n6_c20250101__20251231_ztoNrBc2aco3" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in relation to the previous fiscal year">1,596</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Addition by decision of the Board of Directors in anticipation of current year remuneration</td> <td id="xdx_988_ecustom--AdditionByDecisionOfBoardOfDirectorsInAnticipationOfCurrentYearRemuneration_pn6n6_c20250101__20251231_zduyQ3yBv5F8" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in anticipation of current year remuneration">4,327</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Withholding Income Tax on Interest on Equity </td> <td id="xdx_98F_ecustom--WithholdingIncomeTaxOnInterestOnEquity_pn6n6_c20250101__20251231_z49zaipIku2i" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Withholding income tax on interest on equity">(323)</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Payment </td> <td id="xdx_980_ecustom--PaymentOnDividendsReconciliation_iN_pn6n6_di_c20250101__20251231_zHYZddpK3bDg" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment dividends reconciliation">(3,238)</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Prescribed remuneration</td> <td id="xdx_98C_ecustom--PrescribedRemuneration_pn6n6_c20250101__20251231_zqBUq7OAkih1" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Prescribed remuneration">(2)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_983_ecustom--TranslationAdjustments_pn6n6_c20250101__20251231_zB3upkIg0GE6" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(41)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif">December 31, 2025</td> <td id="xdx_98C_ecustom--DividendsReconciliation_iE_pn6n6_c20250101__20251231_zZN5ir5RBhNd" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends reconciliation, ending balance">2,651</td></tr> </table> f) Profit reserves <table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfReservesAndOtherEquityInterestExplanatory_pn6n6_zGr79k5NFQy5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 4)"> <tr style="vertical-align: top; background-color: white"> <td style="font-family: Times New Roman,serif">Schedule of profit reserves</td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 40%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Legal reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Tax incentive reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Statutory reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Retained earnings reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Additional remuneration reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total of profit reserves</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Balance as of December 31, 2022</td> <td id="xdx_988_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zDoqbf7H92ma" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">2,964</td> <td id="xdx_987_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zoBOsLRg3Th5" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">4,416</td> <td id="xdx_98E_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_z5DMLZj7qWo9" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">9,349</td> <td id="xdx_98A_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_z2jn3abu1jNh" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,578</td> <td id="xdx_98F_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_z3lV7G3IyZp5" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">437</td> <td id="xdx_987_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zG3AiPkPcihg" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">20,744</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Allocation of income</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zJAb04avyIX9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">891</td> <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zj8haw80ZAdf" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">984</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zFfDc4SmivQ2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">2,364</td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_z8dOwL8Ql0T8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">4,239</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Deliberated dividends and interest on capital of Vale's shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_985_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zdA6TWPTDidj" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(437)</td> <td id="xdx_980_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zVzyaWmS12X8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(437)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Treasury shares cancellation</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_984_ecustom--TreasurySharesUsedAndCanceled_iI_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zmW0SIhvfydh" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Treasury shares cancellation">(4,164)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_986_ecustom--TreasurySharesUsedAndCanceled_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zHQ7ezthra7f" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Treasury shares cancellation">(4,164)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Translation adjustment</td> <td id="xdx_985_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zEL5Lehl2WN6" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">230</td> <td id="xdx_98F_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zqN2bwIbwEjj" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">383</td> <td id="xdx_988_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zxsgmiNsH61c" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">604</td> <td id="xdx_981_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_znyhnfosgBDa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">278</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_98B_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zGwYTQPku7C9" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">1,495</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Balance as of December 31, 2023</td> <td id="xdx_989_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_ziLY67Fz8Evc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,194</td> <td id="xdx_986_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zNOqn8vuGU9k" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">5,690</td> <td id="xdx_981_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zN5rT4WT2A73" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">6,773</td> <td id="xdx_980_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zcbzZu9rig47" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,856</td> <td id="xdx_980_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zduIpkxWuOZi" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">2,364</td> <td id="xdx_980_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_z93pKkvVds8d" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">21,877</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Allocation of income</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_z3FW7tqfbv33" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">392</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zCmck3B79vm7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">2,182</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zu4XaujeOAob" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">1,596</td> <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zOM5P74JcW46" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">4,170</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Deliberated dividends and interest on capital of Vale's shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_988_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zSOheu9BMrs1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(2,364)</td> <td id="xdx_983_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zQhQQkS8v8i4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(2,364)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Translation adjustment</td> <td id="xdx_983_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zaGoIMun9iw7" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(696)</td> <td id="xdx_98A_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zuAloniQDkWa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(1,308)</td> <td id="xdx_98B_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_z4PWVOKFzMzf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(2,162)</td> <td id="xdx_98A_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zljyCvwiFkn4" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(841)</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_989_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zqZxWsx9fFgk" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(5,007)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Balance as of December 31, 2024</td> <td id="xdx_98C_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zsJhg6lMhJAb" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">2,498</td> <td id="xdx_987_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_z90R98io786k" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">4,774</td> <td id="xdx_985_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zeeMtpM96TA1" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">6,793</td> <td id="xdx_98B_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zF2exwOIOsY2" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,015</td> <td id="xdx_982_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zYGFNaeapzIh" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">1,596</td> <td id="xdx_986_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zMvJN799R7D3" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">18,676</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif">Allocation of income</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zoWV7RfiMo51" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">560</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zBRZmp6YpLp8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">560</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif">Deliberated dividends and interest on capital of Vale's shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_989_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zqZv2N6QPZoj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(2,535)</td> <td id="xdx_981_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_z7KlD12WC2W9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(1,596)</td> <td id="xdx_983_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_z6XqlSqRDeW1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(4,131)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif">Translation adjustment</td> <td id="xdx_986_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zJJJOyCfVbzd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">313</td> <td id="xdx_98B_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zrMb1rTzSJRf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">597</td> <td id="xdx_98A_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zn4oI0OtgTv7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">852</td> <td id="xdx_98E_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zlHefQMTgoua" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">615</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_98C_ecustom--TreasurySharesUsedAndCanceled_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zULiCzBOE575" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Treasury shares cancellation">2,377</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif">Balance as of December 31, 2025</td> <td id="xdx_98E_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zn3VZu8QfjE3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">2,811</td> <td id="xdx_981_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_z5SggGUbcjgi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">5,931</td> <td id="xdx_98B_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zEQA6VirY674" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">7,645</td> <td id="xdx_981_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_z9bik8AYuEKl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">1,095</td> <td id="xdx_98F_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zil2ZW52xBOl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">-</td> <td id="xdx_98F_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zbMUHMn7dTm8" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">17,482</td></tr> </table> Legal reserve - Is a legal requirement for Brazilian public companies to retain 5% of the annual net income up to 20% of the capital. The reserve can only be used to compensate losses or to increase capital. The reserve can only be used to absorb losses or to increase capital. In 2022, the limit of 20% of the share capital for the constitution of the legal reserve was reached, in accordance with article 193 of Law No. 6,404 and article 39 of the Company's Bylaws. Tax incentive reserve - Results from the option to designate a portion of the income tax for investments in projects approved by the Brazilian Government as well as tax incentives. The amount recorded in this reserve refers substantially to incentives linked to subsidies for investments made within the scope of the Superintendencies for the Development of the Northeast (SUDENE) and the Amazônia (SUDAM). Statutory reserve - Aims to ensure the maintenance and development of the main activities that comprise the Company’s operations and to retain budgeted capital for investments. Based on the Company’s by-laws, this reserve is capped to 50% of the annual distributable net income, up to the amount of the share capital. Retained earnings reserve – It is intended to be used in investments for capital expenditures as allowed by the Brazilian Corporate Law. Additional remuneration reserve - Results from the remuneration proposed by Management that exceeds the mandatory minimum remuneration of 25% of the adjusted net income. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Share capital and treasury shares - The Company holds shares in treasury for a future sale, cancellation or for the payment of the executives' long-term compensation programs. These shares are recognized in a specific account as a reduction of equity to the acquisition value and maintained at the cost of the transaction. Incremental costs directly attributable to the issue of new shares or options are recognized in equity as a deduction from the amount raised, net of taxes. Shareholder’s remuneration - The shareholder’s remuneration is paid on dividends and interest on capital. This remuneration is recognized as a liability in the financial statements of the Company based on bylaws. Any amount above the minimum mandatory remuneration approved by the by-laws shall only be recognized in current liabilities on the date that is approved by shareholders. The Company is permitted to distribute interest attributable to equity. The calculation is based on the equity amounts as stated in the statutory accounting records and the interest rate applied may not exceed the Brazilian Government Long-term Interest Rate (“TJLP”) determined by the Central Bank of Brazil. Also, such interest may not exceed 50% of the net income for the year or 50% of retained earnings plus profit reserves as determined by Brazilian corporate law. The benefit to the Company, as opposed to making a dividend payment, is a reduction in the income tax burden because this interest charge is tax deductible in Brazil. Income tax of 15% is withheld on behalf of the shareholders relative to the interest distribution. Under Brazilian law, interest attributed to equity is considered as part of the annual minimum mandatory dividend. This notional interest distribution is treated for accounting purposes as a deduction from equity in a manner similar to a dividend and the tax deductibility recorded in the income statement. </td></tr> </table> <img alt="" src="valedfifrs4q256k_018.jpg"/>

61614000000

4539007580

<table cellpadding="0" cellspacing="0" id="xdx_899_eifrs-full--DisclosureOfClassesOfShareCapitalExplanatory_pn6n6_zOoovo2wGVXg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of share capital</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; width: 58%; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Previ (i)</td> <td id="xdx_980_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--PreviMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zQEvxUpSaKJi" style="border-bottom: #D9D9D9 1pt solid; width: 14%; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">381,002,396</td> <td style="border-bottom: #D9D9D9 1pt solid; width: 14%; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--PreviMember_z6lYFQdvSmH2" style="border-bottom: #D9D9D9 1pt solid; width: 14%; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">381,002,396</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Mitsui&co (i)</td> <td id="xdx_987_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--MitsuiCo.LtdMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zC4rnRVweM73" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">286,347,055</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--MitsuiCo.LtdMember_zGXqBqWTKUP1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">286,347,055</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Blackrock, Inc (ii)</td> <td id="xdx_98E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--BlackrockIncMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zuTq9QEafQha" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">267,178,371</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--BlackrockIncMember_z6gXj6RmZ0vd" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">267,178,371</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total shareholders with more than 5% of capital</td> <td id="xdx_983_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--ShareholdersWithMoreThan5OfTotalCapitalMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zTrs8m5FiAmd" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">934,527,822</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--ShareholdersWithMoreThan5OfTotalCapitalMember_zztgfU5SAxid" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">934,527,822</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Free floating</td> <td id="xdx_98E_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--FreeFloatingMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zjmWmY2MASNg" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">3,334,252,319</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--FreeFloatingMember_zxcjkzDFPyl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">3,334,252,319</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Golden shares (iii)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--PreferenceSharesMember_zpQrajZ0HUT7" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">12</td> <td id="xdx_988_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember_zu53xPh6apxj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">12</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total outstanding (without shares in treasury)</td> <td id="xdx_983_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zLoLUPrRXm2g" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">4,268,780,141</td> <td id="xdx_982_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember_zh2ZxdPv7zoj" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">12</td> <td id="xdx_984_eifrs-full--NumberOfSharesOutstanding_iI_pip0_c20251231_zKZG3oM3pSAb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares outstanding">4,268,780,153</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Shares in treasury</td> <td id="xdx_98F_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zpF3BxTrQmxl" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares in treasury">270,227,427</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--SharesInEntityHeldByEntityOrByItsSubsidiariesOrAssociates_iI_pip0_c20251231_zW93eR1b6PMf" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Shares in treasury">270,227,427</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total capital</td> <td id="xdx_989_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20251231__ifrs-full--ClassesOfShareCapitalAxis__ifrs-full--OrdinarySharesMember_zTQYfXdT7Hyc" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total issued shares">4,539,007,568</td> <td id="xdx_98A_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20251231__custom--EntityStockholdersAxis__custom--GoldenSharesMember_zgedYBljDv55" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total issued shares">12</td> <td id="xdx_98B_eifrs-full--NumberOfSharesIssuedAndFullyPaid_iI_pip0_c20251231_zWYgUZp5srmb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total issued shares">4,539,007,580</td></tr> </table> (i) Number of shares owned by shareholders, as per statement provided by the custodian, based on shares listed at B3. (ii) Number of shares as reported in BlackRock, Inc.’s Schedule 13G/A, filed with the SEC. (iii) Number of special class preferred shares ("golden shares") held by the Brazilian Federal Government, which grants it limited veto power over certain Company resolutions, as well as the right to elect and dismiss one member to the Fiscal Council.

381002396

286347055

267178371

934527822

3334252319

4268780141

4268780153

270227427

4539007568

4539007580

227690911

0.0502

<table cellpadding="0" cellspacing="0" id="xdx_89F_eifrs-full--DisclosureOfTreasurySharesExplanatory_pn6n6_zTP61pFQ3Mo5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 1)"> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of cancelation of treasury shares</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 58%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 21%; font-family: Times New Roman,serif; text-align: right">Number of canceled shares</td> <td style="vertical-align: top; width: 21%; font-family: Times New Roman,serif; text-align: right">Carrying amount</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Cancellation approved on March 2, 2023</td> <td id="xdx_983_ecustom--NumberOfSharesHeldInTreasuryCancelled_c20230301__20230302__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_z4eZxxg7h381" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares held in treasury cancelled">239,881,683</td> <td id="xdx_987_ecustom--TreasurySharesCarryingAmount_pn6n6_c20230301__20230302__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_ziNHozm4993j" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Treasury shares carrying amount">4,164</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Year ended December 31, 2023</td> <td id="xdx_98B_ecustom--NumberOfSharesHeldInTreasuryCancelled_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_z15EjGwhaE97" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares held in treasury cancelled">239,881,683</td> <td id="xdx_989_ecustom--TreasurySharesCarryingAmount_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--CancellationOfTreasurySharesMember_zKSGhn1adsNi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Treasury shares carrying amount">4,164</td></tr> </table>

239881683000000 4164000000 239881683000000 4164000000 120000000

<table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfDividendsExplanatory_pn6n6_zuHM3YZtTLWl" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 2)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of share buyback program</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total of shares repurchased</td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Effect on cash flows</td></tr> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 47%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Shares buyback program up to 150,000,000 shares (i)</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by Parent</td> <td id="xdx_983_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zpUvVg7Im0Ig" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_981_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zI0aMBFb91Qa" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">18,251,159</td> <td id="xdx_989_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zXZjTgKik7o8" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">1,500,000</td> <td id="xdx_989_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zAG2uP8AHth8" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98D_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_zirQldaj25s4" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">240</td> <td id="xdx_98E_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParentMember_z4qzEmr6kLh4" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">22</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by wholly owned subsidiaries</td> <td id="xdx_985_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z863574qT6Da" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_988_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z2apV8lPWECi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">12,672,414</td> <td id="xdx_98F_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z8hwGe0TmaG4" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">1,500,000</td> <td id="xdx_98B_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_zeYkOvGAw4q7" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98B_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_zeWfg4eXe1Dc" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">169</td> <td id="xdx_98F_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiariesMember_z0LvyJaycJMg" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">22</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td id="xdx_981_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zLAEnTThwJD6" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_980_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zbMzMInjtYPk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">30,923,573</td> <td id="xdx_98D_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zjtkf6mf7v3b" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">3,000,000</td> <td id="xdx_986_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zMMcb35bGK5d" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_987_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zpuRFI7x6Zx1" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">409</td> <td id="xdx_987_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgramMember_zItJiItA8dI5" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">44</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Shares buyback program up to 500,000,000 shares (ii)</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by Parent</td> <td id="xdx_987_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zpbxktui3uzk" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_989_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zl0xF88O1ae" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">-</td> <td id="xdx_98E_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zRUjBbKHI68k" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">93,638,352</td> <td id="xdx_980_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zjlk6R3x0Ro8" style="border-bottom: silver 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_987_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_zzsM9OugCLAe" style="border-bottom: silver 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98A_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredParent1Member_z7hi4tcDXGm6" style="border-bottom: silver 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">1,378</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Acquired by wholly owned subsidiaries</td> <td id="xdx_981_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_znYHeJIC9oUf" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_98C_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zLDZh5ZBsUJ5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">-</td> <td id="xdx_985_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_z4nADFvWcLAg" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">88,058,750</td> <td id="xdx_983_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zYnG4oEDJiLi" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98F_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zsOdK11fDsh2" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98D_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--AcquiredByWhollyOwnedSubsidiaries1Member_zaCkITYOAF1b" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">1,292</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_984_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zNPGHUOFC3o" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Number of shares repurchased">-</td> <td id="xdx_987_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zdv8DJVannF1" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">-</td> <td id="xdx_98A_ecustom--StockRepurchaseProgramRepurchaseShares_pip0_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zBbiynqnyygg" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Number of shares repurchased">181,697,102</td> <td id="xdx_98B_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zQ0GxRHPXIYh" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_980_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zfoTnxA1KKGi" style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">-</td> <td id="xdx_98E_eifrs-full--PurchaseOfTreasuryShares_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SharesBuybackProgram1Member_zniYB245X8n9" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Purchase of treasury shares">2,670</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Shares buyback program</td> <td id="xdx_985_ecustom--ShareBuybackProgramNumberOfSharesAuthorizedToBeRepurchased_pip0_c20250101__20251231_zh5IJOhEM7cd" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%" title="Share buyback program number of shares authorized to be repurchased">-</td> <td id="xdx_983_ecustom--ShareBuybackProgramNumberOfSharesAuthorizedToBeRepurchased_pip0_c20240101__20241231_zejBbYiuyct7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of shares authorized to be repurchased">30,923,573</td> <td id="xdx_980_ecustom--ShareBuybackProgramNumberOfSharesAuthorizedToBeRepurchased_pip0_c20230101__20231231_zjrJDjcLLyMh" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of shares authorized to be repurchased">184,697,102</td> <td id="xdx_98E_ecustom--ShareBuybackProgramNumberOfValueAuthorizedToBeRepurchased_pn6n6_c20250101__20251231_zmYKO68tDrp" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of value authorized to be repurchased">-</td> <td id="xdx_984_ecustom--ShareBuybackProgramNumberOfValueAuthorizedToBeRepurchased_pn6n6_c20240101__20241231_zUodw33Fbhgh" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of value authorized to be repurchased">409</td> <td id="xdx_98E_ecustom--ShareBuybackProgramNumberOfValueAuthorizedToBeRepurchased_pn6n6_c20230101__20231231_zYIHfQ31fxHi" style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share buyback program number of value authorized to be repurchased">2,714</td></tr> </table> (i) On October 26, 2023 a new share buyback program limited to a maximum of 150,000,000 common shares and their respective ADRs, for a period of up to 18 months. The program was terminated in 2025. (ii) On April 27, 2022, the Board of Directors approved the common share repurchase program, limited to a maximum of 500,000,000 common shares or their respective ADRs, for a period of up to 18 months. The program was terminated in 2023.

18251159 1500000

240000000

22000000

12672414 1500000

169000000

22000000

30923573 3000000

409000000

44000000

93638352

1378000000

88058750

1292000000

181697102

2670000000

30923573 184697102 409000000 2714000000 <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfReservesAndOtherEquityInterestsExplanatory_pn6n6_zUxk4wRpwg07" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 3)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of profit distribution</td> <td id="xdx_491_20250101__20251231_zhUEuSuCQXVc" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_497_20240101__20241231_zjJ1TOybq9Ke" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_493_20230101__20231231_zrugYU4W4fKi" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; width: 55%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40A_eifrs-full--ProfitLossAttributableToOwnersOfParent_zGnm8GTLtJbk"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Net income of the year</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,352</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,166</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,983</td></tr> <tr id="xdx_40B_ecustom--TaxIncentiveReserveToCalculateStockholdersRemuneration_iN_pn6n6_zkTuoikxjnm2"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Appropriation to tax incentive reserve</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(560)</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(392)</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(891)</td></tr> <tr id="xdx_403_ecustom--NetIncomeAfterAppropriationsToLegalReserveAndTaxIncentiveReserve_zJSK58bBrff5" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Net income after appropriations to tax incentive reserve</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,792</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5,774</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7,092</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr id="xdx_409_ecustom--MinimumRemunerationToShareholders_zFRV4uCFuQ07"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Minimum remuneration to shareholders (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">527</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,698</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,042</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr id="xdx_401_ecustom--AdditionalRemunerationAccordingToShareholdersRemunerationPolicy_z9p1JQk6DVi"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Additional remuneration according to shareholders remuneration policy (ii)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,800</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,394</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,066</td></tr> <tr id="xdx_407_ecustom--AdditionalRemunerationBeyondShareholdersRemunerationPolicy_zB155fibFsn8"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Additional remuneration beyond the shareholders remuneration policy (iii)</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,000</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">500</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,000</td></tr> <tr id="xdx_40B_ecustom--AdditionalRemunerationBeyondMandatoryMinimum_zaRsNe2LWuZf"> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Additional remuneration beyond the mandatory minimum:</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,800</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,894</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,066</td></tr> <tr id="xdx_408_ecustom--AdditionalRemunerationFromNetIncomeForYear_z8p6SkxaN9kk"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">From the net income for the year</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,265</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,894</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,066</td></tr> <tr id="xdx_403_ecustom--AdditionalRemunerationFromProfitReserves_z6yeg916Vlui"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">From the profit reserves</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,535</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_400_ecustom--TotalRemunerationToShareholders_zRpjhwsnUs72"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total remuneration to shareholders</td> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4,327</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3,592</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6,108</td></tr> <tr id="xdx_408_ecustom--AppropriationToStatutoryReserve_zRKgQIFJOH83"> <td style="border-bottom: silver 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Appropriation to statutory reserve</td> <td style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">-</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,182</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">984</td></tr> </table> (i) Mandatory minimum remuneration corresponding to 25% of the net income after appropriations to legal reserve and tax incentive reserve, according to Vale S.A.’s by-laws. (ii) According to the Vale S.A.'s shareholders remuneration policy, minimum remuneration to Vale S.A.'s shareholders is calculated based on 30% of the adjusted EBITDA (as defined in note 3) less sustaining capital investments, which represented US$4,371 (2024: US$4,538 and 2023: US$4,269) for the year ended December 31, 2025. Therefore, the additional remuneration to comply with the policy was US$2,800. (iii) In addition, the Board of Directors approved dividends beyond the policy calculation in the amount of US$1,000, totaling US$4,327 in remuneration to shareholders.

2352000000

6166000000

7983000000

-560000000 -392000000 -891000000 1792000000 5774000000 7092000000 527000000 1698000000 2042000000 2800000000 1394000000 2066000000 1000000000 500000000 2000000000 3800000000 1894000000 4066000000 1265000000 1894000000 4066000000 2535000000 4327000000 3592000000 6108000000 2182000000 984000000 <table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfRemunerationApprovedTableTextBlock_pn6n6_ze8UzANIQfrj" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 4)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of remuneration approved</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 60%; font-family: Times New Roman,serif"> </td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Approval date</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Payment date</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Remuneration per share (US$)</td> <td style="width: 11%; font-family: Times New Roman,serif; text-align: right">Total amount approved </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2022</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2/16/2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/22/2023</td> <td id="xdx_988_ecustom--DividendsRemunerationPerShare_pip0_c20220101__20221231_zVkTBmMdaedd" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.352</td> <td id="xdx_980_eifrs-full--DividendPayables_iI_pn6n6_c20221231_zTPxrvYbuupl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends payables">1,569</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7/27/2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9/1/2023</td> <td id="xdx_983_ecustom--DividendsInterestOnCapitalRemunerationPerShare_pip0_c20230101__20231231_zEtd1ND31f9h" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.403</td> <td id="xdx_983_eifrs-full--InterestCostsCapitalised_pn6n6_c20230101__20231231_z9BBxnOsiQQ5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">1,744</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends and interest on capital (JCP) related to fiscal year 2023</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10/26/2023</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">12/1/2023</td> <td id="xdx_988_ecustom--DividendInterestOnCapitalRemunerationPerShare_pip0_c20230101__20231231_zE8juu2ValOf" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividend Interest on capital remuneration per share">0.465</td> <td id="xdx_983_ecustom--DividendsRecognisedAsDistributionToOwnersOfParent_pn6n6_c20230101__20231231_zmmZBWHhhcD2" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends and interest on capital">2,000</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_981_eifrs-full--DividendsPaid_pn6n6_c20230101__20231231_zkAwIhgf8sy1" style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">5,313</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2023</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2/22/2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/19/2024</td> <td id="xdx_98A_ecustom--DividendsRemunerationPerShare_pip0_c20230101__20231231_z3HsGw9f1U0k" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.538</td> <td id="xdx_982_eifrs-full--DividendPayables_iI_pn6n6_c20231231_zFDEw1ZncFwl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends payables">2,364</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7/25/2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9/4/2024</td> <td id="xdx_987_ecustom--DividendsInterestOnCapitalRemunerationPerShare_pip0_c20240101__20241231_znlLsE6fecK3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.376</td> <td id="xdx_984_eifrs-full--InterestCostsCapitalised_pn6n6_c20240101__20241231_zXTfke5wSYS5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">1,608</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2024</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11/28/2024</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/14/2025</td> <td id="xdx_98A_ecustom--DividendsInterestOnCapitalRemunerationPerShare1_pip0_c20240101__20241231_zPS1EsYJFyc9" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.091</td> <td id="xdx_989_ecustom--InterestCostsCapitalised1_pn6n6_c20240101__20241231_zmXZqKY4IHG" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">388</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_982_eifrs-full--DividendsPaid_pn6n6_c20240101__20241231_zOqMKa3kSNwd" style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">4,360</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2/19/2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/14/2025</td> <td id="xdx_982_ecustom--DividendsRemunerationPerShare_pip0_c20240101__20241231_zVdO6MCnNtma" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.347</td> <td id="xdx_986_eifrs-full--DividendPayables_iI_pn6n6_c20241231_zOKsrcspfvW7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends payables">1,596</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest on capital (JCP) related to fiscal year 2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">7/31/2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9/3/2025</td> <td id="xdx_98B_ecustom--DividendsInterestOnCapitalRemunerationPerShare_pip0_c20250101__20251231_z0pSS6Xw1hYl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends Interest on capital remuneration per share">0.339</td> <td id="xdx_98F_eifrs-full--InterestCostsCapitalised_pn6n6_c20250101__20251231_zXFiSkSoTkJ8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest on capital">1,448</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends and interest on capital (JCP) related to fiscal year 2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11/27/2025</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3/4/2026</td> <td id="xdx_989_ecustom--DividendInterestOnCapitalRemunerationPerShare_pip0_c20250101__20251231_zusWNr6aWMf5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividend Interest on capital remuneration per share">0.440</td> <td id="xdx_987_ecustom--DividendsRecognisedAsDistributionToOwnersOfParent_pn6n6_c20250101__20251231_zZ7ITfYAUMCg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends and interest on capital">1,879</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends related to fiscal year 2025</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11/27/2025</td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1/7/2026</td> <td id="xdx_982_ecustom--DividendsRemunerationPerShare_pip0_c20250101__20251231_z2cofAtyVPOi" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends remuneration per share">0.234</td> <td id="xdx_98C_eifrs-full--DividendPayables_iI_pn6n6_c20251231_z4PwAmOZXylg" style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">1,000</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_983_eifrs-full--DividendsPaid_pn6n6_c20250101__20251231_za35jg8bnm5a" style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid">5,923</td></tr> </table> e.i) Dividends reconciliation <table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfDividendsReconciliationTableTextBlock_pn6n6_zpQTsf97Jth2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 5)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of dividends reconciliation</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in relation to the previous fiscal year"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 85%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif">December 31, 2024</td> <td id="xdx_98B_ecustom--DividendsReconciliation_iS_pn6n6_c20250101__20251231_zYlSlzV2IVCa" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends reconciliation, beginning balance">330</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Addition by decision of the Board of Directors in relation to the previous fiscal year</td> <td id="xdx_980_ecustom--AdditionByDecisionOfBoardOfDirectorsInRelationToPreviousFiscalYear_pn6n6_c20250101__20251231_ztoNrBc2aco3" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in relation to the previous fiscal year">1,596</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Addition by decision of the Board of Directors in anticipation of current year remuneration</td> <td id="xdx_988_ecustom--AdditionByDecisionOfBoardOfDirectorsInAnticipationOfCurrentYearRemuneration_pn6n6_c20250101__20251231_zduyQ3yBv5F8" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in anticipation of current year remuneration">4,327</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Withholding Income Tax on Interest on Equity </td> <td id="xdx_98F_ecustom--WithholdingIncomeTaxOnInterestOnEquity_pn6n6_c20250101__20251231_z49zaipIku2i" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Withholding income tax on interest on equity">(323)</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Payment </td> <td id="xdx_980_ecustom--PaymentOnDividendsReconciliation_iN_pn6n6_di_c20250101__20251231_zHYZddpK3bDg" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment dividends reconciliation">(3,238)</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Prescribed remuneration</td> <td id="xdx_98C_ecustom--PrescribedRemuneration_pn6n6_c20250101__20251231_zqBUq7OAkih1" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Prescribed remuneration">(2)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_983_ecustom--TranslationAdjustments_pn6n6_c20250101__20251231_zB3upkIg0GE6" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(41)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif">December 31, 2025</td> <td id="xdx_98C_ecustom--DividendsReconciliation_iE_pn6n6_c20250101__20251231_zZN5ir5RBhNd" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends reconciliation, ending balance">2,651</td></tr> </table> 2023-02-16 2023-03-22 0.352

1569000000

2023-07-27 2023-09-01 0.403

1744000000

2023-10-26 2023-12-01 0.465 2000000000

5313000000

2024-02-22 2024-03-19 0.538

2364000000

2024-07-25 2024-09-04 0.376

1608000000

2024-11-28 2025-03-14 0.091 388000000

4360000000

2025-02-19 2025-03-14 0.347

1596000000

2025-07-31 2025-09-03 0.339

1448000000

2025-11-27 2026-03-04 0.440 1879000000 2025-11-27 2026-01-07 0.234

1000000000

5923000000

<table cellpadding="0" cellspacing="0" id="xdx_89C_ecustom--ScheduleOfDividendsReconciliationTableTextBlock_pn6n6_zpQTsf97Jth2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 5)"> <tr> <td style="vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Schedule of dividends reconciliation</td> <td style="vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in relation to the previous fiscal year"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 85%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 15%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif">December 31, 2024</td> <td id="xdx_98B_ecustom--DividendsReconciliation_iS_pn6n6_c20250101__20251231_zYlSlzV2IVCa" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends reconciliation, beginning balance">330</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Addition by decision of the Board of Directors in relation to the previous fiscal year</td> <td id="xdx_980_ecustom--AdditionByDecisionOfBoardOfDirectorsInRelationToPreviousFiscalYear_pn6n6_c20250101__20251231_ztoNrBc2aco3" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in relation to the previous fiscal year">1,596</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Addition by decision of the Board of Directors in anticipation of current year remuneration</td> <td id="xdx_988_ecustom--AdditionByDecisionOfBoardOfDirectorsInAnticipationOfCurrentYearRemuneration_pn6n6_c20250101__20251231_zduyQ3yBv5F8" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Addition by decision of the board of directors in anticipation of current year remuneration">4,327</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Withholding Income Tax on Interest on Equity </td> <td id="xdx_98F_ecustom--WithholdingIncomeTaxOnInterestOnEquity_pn6n6_c20250101__20251231_z49zaipIku2i" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Withholding income tax on interest on equity">(323)</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Payment </td> <td id="xdx_980_ecustom--PaymentOnDividendsReconciliation_iN_pn6n6_di_c20250101__20251231_zHYZddpK3bDg" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Payment dividends reconciliation">(3,238)</td></tr> <tr> <td style="border-bottom: silver 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Prescribed remuneration</td> <td id="xdx_98C_ecustom--PrescribedRemuneration_pn6n6_c20250101__20251231_zqBUq7OAkih1" style="border-bottom: silver 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Prescribed remuneration">(2)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_983_ecustom--TranslationAdjustments_pn6n6_c20250101__20251231_zB3upkIg0GE6" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(41)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; vertical-align: top; font-family: Times New Roman,serif">December 31, 2025</td> <td id="xdx_98C_ecustom--DividendsReconciliation_iE_pn6n6_c20250101__20251231_zZN5ir5RBhNd" style="border-bottom: #007E79 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends reconciliation, ending balance">2,651</td></tr> </table> 330000000 1596000000 4327000000 -323000000 3238000000 -2000000 -41000000 2651000000

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfReservesAndOtherEquityInterestExplanatory_pn6n6_zGr79k5NFQy5" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Equity (Details 4)"> <tr style="vertical-align: top; background-color: white"> <td style="font-family: Times New Roman,serif">Schedule of profit reserves</td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 40%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Legal reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Tax incentive reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Statutory reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Retained earnings reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Additional remuneration reserve</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total of profit reserves</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Balance as of December 31, 2022</td> <td id="xdx_988_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zDoqbf7H92ma" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">2,964</td> <td id="xdx_987_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zoBOsLRg3Th5" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">4,416</td> <td id="xdx_98E_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_z5DMLZj7qWo9" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">9,349</td> <td id="xdx_98A_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_z2jn3abu1jNh" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,578</td> <td id="xdx_98F_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_z3lV7G3IyZp5" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">437</td> <td id="xdx_987_eifrs-full--Equity_iS_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zG3AiPkPcihg" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">20,744</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Allocation of income</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zJAb04avyIX9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">891</td> <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zj8haw80ZAdf" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">984</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zFfDc4SmivQ2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">2,364</td> <td id="xdx_985_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_z8dOwL8Ql0T8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">4,239</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Deliberated dividends and interest on capital of Vale's shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_985_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zdA6TWPTDidj" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(437)</td> <td id="xdx_980_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zVzyaWmS12X8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(437)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Treasury shares cancellation</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_984_ecustom--TreasurySharesUsedAndCanceled_iI_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zmW0SIhvfydh" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Treasury shares cancellation">(4,164)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_986_ecustom--TreasurySharesUsedAndCanceled_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zHQ7ezthra7f" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Treasury shares cancellation">(4,164)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Translation adjustment</td> <td id="xdx_985_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zEL5Lehl2WN6" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">230</td> <td id="xdx_98F_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zqN2bwIbwEjj" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">383</td> <td id="xdx_988_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zxsgmiNsH61c" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">604</td> <td id="xdx_981_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_znyhnfosgBDa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">278</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_98B_eifrs-full--OtherComprehensiveIncome_pn6n6_c20230101__20231231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zGwYTQPku7C9" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">1,495</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Balance as of December 31, 2023</td> <td id="xdx_989_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_ziLY67Fz8Evc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,194</td> <td id="xdx_986_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zNOqn8vuGU9k" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">5,690</td> <td id="xdx_981_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zN5rT4WT2A73" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">6,773</td> <td id="xdx_980_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zcbzZu9rig47" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,856</td> <td id="xdx_980_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zduIpkxWuOZi" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">2,364</td> <td id="xdx_980_eifrs-full--Equity_iS_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_z93pKkvVds8d" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">21,877</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Allocation of income</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_z3FW7tqfbv33" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">392</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zCmck3B79vm7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">2,182</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_989_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zu4XaujeOAob" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">1,596</td> <td id="xdx_98F_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zOM5P74JcW46" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">4,170</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Deliberated dividends and interest on capital of Vale's shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_988_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zSOheu9BMrs1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(2,364)</td> <td id="xdx_983_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zQhQQkS8v8i4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(2,364)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Translation adjustment</td> <td id="xdx_983_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zaGoIMun9iw7" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(696)</td> <td id="xdx_98A_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zuAloniQDkWa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(1,308)</td> <td id="xdx_98B_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_z4PWVOKFzMzf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(2,162)</td> <td id="xdx_98A_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zljyCvwiFkn4" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(841)</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_989_eifrs-full--OtherComprehensiveIncome_pn6n6_c20240101__20241231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zqZxWsx9fFgk" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">(5,007)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif">Balance as of December 31, 2024</td> <td id="xdx_98C_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zsJhg6lMhJAb" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">2,498</td> <td id="xdx_987_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_z90R98io786k" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">4,774</td> <td id="xdx_985_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zeeMtpM96TA1" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">6,793</td> <td id="xdx_98B_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zF2exwOIOsY2" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">3,015</td> <td id="xdx_982_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zYGFNaeapzIh" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">1,596</td> <td id="xdx_986_eifrs-full--Equity_iS_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zMvJN799R7D3" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right" title="Beginning balance, value">18,676</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif">Allocation of income</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_983_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zoWV7RfiMo51" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">560</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_984_eifrs-full--IncreaseDecreaseThroughAppropriationOfRetainedEarnings_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zBRZmp6YpLp8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Allocation of income">560</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif">Deliberated dividends and interest on capital of Vale's shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_989_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zqZv2N6QPZoj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(2,535)</td> <td id="xdx_981_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_z7KlD12WC2W9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(1,596)</td> <td id="xdx_983_eifrs-full--DividendsRecognisedAsDistributionsToOwnersOfParent_iN_pn6n6_di_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_z6XqlSqRDeW1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Deliberated dividends and interest on capital of Vale's shareholders">(4,131)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif">Translation adjustment</td> <td id="xdx_986_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zJJJOyCfVbzd" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">313</td> <td id="xdx_98B_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_zrMb1rTzSJRf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">597</td> <td id="xdx_98A_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zn4oI0OtgTv7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">852</td> <td id="xdx_98E_eifrs-full--OtherComprehensiveIncome_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_zlHefQMTgoua" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Translation adjustment">615</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right">-</td> <td id="xdx_98C_ecustom--TreasurySharesUsedAndCanceled_pn6n6_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zULiCzBOE575" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Treasury shares cancellation">2,377</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif">Balance as of December 31, 2025</td> <td id="xdx_98E_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--LegalReserve1Member_zn3VZu8QfjE3" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">2,811</td> <td id="xdx_981_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--TaxIncentiveReserveMember_z5SggGUbcjgi" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">5,931</td> <td id="xdx_98B_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__ifrs-full--StatutoryReserveMember_zEQA6VirY674" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">7,645</td> <td id="xdx_981_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--RetainedEarningsReserveMember_z9bik8AYuEKl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">1,095</td> <td id="xdx_98F_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--AdditionalRemunerationReserveMember_zil2ZW52xBOl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">-</td> <td id="xdx_98F_eifrs-full--Equity_iE_c20250101__20251231__ifrs-full--ComponentsOfEquityAxis__custom--ProfitReservesMember_zbMUHMn7dTm8" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right" title="Ending balance, value">17,482</td></tr> </table>

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Share capital and treasury shares - The Company holds shares in treasury for a future sale, cancellation or for the payment of the executives' long-term compensation programs. These shares are recognized in a specific account as a reduction of equity to the acquisition value and maintained at the cost of the transaction. Incremental costs directly attributable to the issue of new shares or options are recognized in equity as a deduction from the amount raised, net of taxes. Shareholder’s remuneration - The shareholder’s remuneration is paid on dividends and interest on capital. This remuneration is recognized as a liability in the financial statements of the Company based on bylaws. Any amount above the minimum mandatory remuneration approved by the by-laws shall only be recognized in current liabilities on the date that is approved by shareholders. The Company is permitted to distribute interest attributable to equity. The calculation is based on the equity amounts as stated in the statutory accounting records and the interest rate applied may not exceed the Brazilian Government Long-term Interest Rate (“TJLP”) determined by the Central Bank of Brazil. Also, such interest may not exceed 50% of the net income for the year or 50% of retained earnings plus profit reserves as determined by Brazilian corporate law. The benefit to the Company, as opposed to making a dividend payment, is a reduction in the income tax burden because this interest charge is tax deductible in Brazil. Income tax of 15% is withheld on behalf of the shareholders relative to the interest distribution. Under Brazilian law, interest attributed to equity is considered as part of the annual minimum mandatory dividend. This notional interest distribution is treated for accounting purposes as a deduction from equity in a manner similar to a dividend and the tax deductibility recorded in the income statement.

30. Investments in associates and joint ventures <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfInvestmentsInAssociatesAndJointVenturesEquityResultsAndDividendsReceivedTableTextBlock_pn6n6_zYfPymVaZIm9" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Investments in associates and joint ventures (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Schedule of investment in associated and joint ventures</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 27%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: right"> </td> <td style="width: 10%; padding-right: 2.65pt; text-align: right">Business</td> <td style="width: 6%; padding-right: 2.65pt; text-align: right">% ownership</td> <td style="width: 7%; padding-right: 2.65pt; text-align: right">December 31, 2024</td> <td style="width: 9%; padding-right: 2.65pt; text-align: right">Equity results in income statement</td> <td style="width: 8%; padding-right: 2.65pt; text-align: right">Dividends declared</td> <td style="width: 8%; padding-right: 2.65pt; text-align: right">Translation adjustment</td> <td style="width: 9%; padding-right: 2.65pt; text-align: right">Fair value remeasurement</td> <td style="width: 7%; padding-right: 2.65pt; text-align: right">Other</td> <td style="width: 9%; padding-right: 2.65pt; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and joint ventures</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">In Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Aliança Geração Energia S.A. (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zbgEwXGeXvUa" title="Business">Energy</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zGw26dG545Gk" title="Ownership interest in associates and joint ventures">30.00</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zdcqYeXEIrb9" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">–</td> <td id="xdx_980_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zDupkMgY4K8i" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">8</td> <td id="xdx_98E_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z2pVfAQx8Zf9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(6)</td> <td id="xdx_981_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zIzXXE8Rn3ag" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">–</td> <td id="xdx_98A_ecustom--FairValueRemeasurement_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z9Uv5iYbeY66" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Fair value remeasurement">238</td> <td id="xdx_982_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z2BfROtHNrV9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">–</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z8ME4IjNVN9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">240</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Aliança Norte Energia Participações S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_zNCAbOUeC80h" title="Business">Energy</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_zmkgh4ZDlpg7" title="Ownership interest in associates and joint ventures">51.00</td> <td id="xdx_980_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_z7eJtfogyDvj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">74</td> <td id="xdx_981_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_zK82eN7TgoI" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">(16)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_z4NUnLcLuSs2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">8</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_z6GGU8NS7Y5h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">66</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Anglo American Minério de Ferro Brasil S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zBsUgzgBDRd5" title="Business">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zJm2y7kdiD8l" title="Ownership interest in associates and joint ventures">15.00</td> <td id="xdx_98A_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z1qK1XOwcyn1" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">663</td> <td id="xdx_986_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zlHSwmEgPu2a" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">121</td> <td id="xdx_985_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zYtDSKwoyFT2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(145)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z599P4ZrS9Yb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">10</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zriX611gI66a" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">649</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Coreano-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zZnZe81w8JH5" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zCKGn2zndWH8" title="Ownership interest in associates and joint ventures">50.00</td> <td id="xdx_980_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zwZYqQ3orGWe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">75</td> <td id="xdx_981_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zpUIWXrGs6Gk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">12</td> <td id="xdx_98E_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zQhwRLadRTw" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(9)</td> <td id="xdx_98C_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_z2vkiwMLTSfi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">10</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_ziYSJnB9S3Ek" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">88</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Hispano-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zUV7dniE0uOj" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zTNVdRJ8Jztk" title="Ownership interest in associates and joint ventures">50.89</td> <td id="xdx_98C_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zypCiMBKGYx4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">42</td> <td id="xdx_981_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zexzMFdYkmx9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">6</td> <td id="xdx_987_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zUlwRvuhvZIe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(8)</td> <td id="xdx_982_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zJLRD9M6Fq8d" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zRgLW2HWPvv4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">44</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Ítalo-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zPB4RTIrnsTe" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zQDL1pwKSM6c" title="Ownership interest in associates and joint ventures">50.90</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zFpXfLyipERc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">61</td> <td id="xdx_985_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zoQ2XNi8eHu9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">4</td> <td id="xdx_983_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zXYsNX2gHKug" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(3)</td> <td id="xdx_98F_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zEDiP5wqRdTb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">8</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zwLhOfSldHCi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">5</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_z3qyyNbaaR5a" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">75</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Nipo-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zpcNdFaCQ9T6" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zCuaV5D3k3Eg" title="Ownership interest in associates and joint ventures">51.00</td> <td id="xdx_98C_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zyj5J2F1mkgl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">129</td> <td id="xdx_986_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_z8UEP1bJHY7e" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">21</td> <td id="xdx_984_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zD9GVcFqrCS8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(10)</td> <td id="xdx_980_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zzx5Yn6Ym9K8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">17</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zQYnbj4ITcna" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">157</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">MRS Logística S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_z0LUOxatVdTi" title="Business">Logistics</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_z48EaH4rUeib" title="Ownership interest in associates and joint ventures">49.01</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zEmJbUC3HWAa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">591</td> <td id="xdx_980_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zBeUPGvmIDhk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">137</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zhS5OIRNFz3l" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">76</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zSCFOHkkUDO9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">804</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Samarco Mineração S.A. (note 26)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMineracaoSAMember__ifrs-full--SegmentsAxis__custom--Pellets4Member_zvbxgQsHMnc" title="Business">Pellets</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMineracaoSAMember__ifrs-full--SegmentsAxis__custom--Pellets4Member_zrBCBmEh18p6" title="Ownership interest in associates and joint ventures">50.00</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">VLI S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zVURGnz23A75" title="Business">Logistics</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_z6tU84yfZ0zf" title="Ownership interest in associates and joint ventures">29.60</td> <td id="xdx_989_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zj80aPH42LRc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">341</td> <td id="xdx_988_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zP0IJ4AkmtZ7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">67</td> <td id="xdx_98E_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_znl3EFFZyxgb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(40)</td> <td id="xdx_982_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zsckT8WWGbnk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">42</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zTAzoVivFyr2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">410</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Other</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zoTrpIWiGpae" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">70</td> <td id="xdx_98D_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zzBViOrRa0Ck" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">3</td> <td id="xdx_985_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z6YvEo8SKH5e" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(1)</td> <td id="xdx_98E_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zOjtvj2c18ye" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">8</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z0k91PYbRwAg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">(20)</td> <td id="xdx_98D_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z7A7yhWHp7ph" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">60</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Abroad</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zjOjVLxqX9v3" title="Business">Vale Base Metals</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zYLpn2zcBRFh" title="Ownership interest in associates and joint ventures">33.88</td> <td id="xdx_985_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_z4bWLLZThyec" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">1,885</td> <td id="xdx_98F_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zXUuLHemBLth" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">(31)</td> <td id="xdx_987_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_z4zSjB0wIkcg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(12)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zir9ahWUyXlk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">1,842</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Vale Oman Distribution Center</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zRvOzv69HGo2" title="Business">Logistics</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zBsywfsjUavl" title="Ownership interest in associates and joint ventures">50.00</td> <td id="xdx_982_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zr14dBAZWsU5" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">616</td> <td id="xdx_988_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_ztevEOXwbWRb" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">33</td> <td id="xdx_981_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zeVf1qrjUIck" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(55)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zgfpt1iQ9Km9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">594</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; line-height: 120%">Equity results in associates and joint ventures </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td id="xdx_981_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_z0olRRm4J3S9" style="border-bottom: #007E79 1pt solid; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">4,547</td> <td id="xdx_98F_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zEcPV7Ml5AIh" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Equity results in income statement">365</td> <td id="xdx_987_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_z0ha0Wano9Kg" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Dividends declared">(289)</td> <td id="xdx_986_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zpfnutPgDX01" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Translation adjustment">173</td> <td id="xdx_98E_ecustom--TransferToAssetsHeldForSale_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zmROXy1nMKsd" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Transfer to assets held for sale">238</td> <td id="xdx_98B_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zkrFi2yS0Hqh" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Other">(5)</td> <td id="xdx_983_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zZUbS4pFHqLi" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">5,029</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; line-height: 120%">Other results in associates and joint ventures (ii)</td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td id="xdx_985_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherResultsInAssociatesAndJointVenturesMember_z8WGaT9q1vej" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right" title="Equity results in income statement">(583)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; line-height: 120%">Equity results and other results in associates and joint ventures</td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td id="xdx_98F_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsAndOtherResultsInAssociatesAndJointVenturesMember_zyyUsI0zlK79" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Equity results in income statement">(218)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td></tr> </table> (i) It refers to the remeasurement at fair value of the remaining stake held by Vale on Aliança Geração Energia S.A., after the closing of the divestment transaction (notes 31a). (ii) It refers substantially to the addition in the provision related to Samarco dam failure (note 26b). a) Summarized financial information The summarized financial information about relevant associates and joint ventures for the Company are as follow. The stand-alone financial statements of those entities may differ from the financial information reported herein, which is prepared considering Vale’s accounting policies and using the most recent financial information available adjusted for the effects of significant transactions or events that occur between the date of the financial information and the date of the Company’s financial statements. The summarized financial information about Samarco is presented in note 26. <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfSummarizedFinancialInformationAboutRelevantAssociatesAndJointVenturesTableTextBlock_pn6n6_zIKg3DWctWS" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Investments in associates and joint ventures (Details 1)"> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial information about relevant associates and joint ventures</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="7" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Year ended December 31, 2025</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; width: 21%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 12%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Aliança Geração Energia S.A.</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Aliança Norte Energia Participações</td> <td style="border-bottom: #007E7A 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Anglo American Minério de Ferro do Brasil S.A.</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Pelletizing plants (i)</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">MRS Logística</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Oman Distribution Center</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VLI S.A.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_98D_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zVZ3w2rZAEI8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">224</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zAk7jyQJCVxb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">644</td> <td id="xdx_985_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zZhNQTbFne84" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">283</td> <td id="xdx_98E_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zVaKarbHltVd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">1,008</td> <td id="xdx_98D_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z9vnS5sITEw7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">918</td> <td id="xdx_98E_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zyI4zU4yNVO2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">158</td> <td id="xdx_989_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_z8O2E4tLa1i9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">796</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98F_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zzdpC5O3iq67" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">1,532</td> <td id="xdx_982_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zK5E9jLBJidb" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">132</td> <td id="xdx_98A_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zUUfku45aS22" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">7,548</td> <td id="xdx_989_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zNhle1tjjtWk" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">487</td> <td id="xdx_98F_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zbDRvyou5lL1" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">3,517</td> <td id="xdx_986_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zATCwY1qhKy2" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">5,064</td> <td id="xdx_98A_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zeqR2Ax4TlC5" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">1,671</td> <td id="xdx_982_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zEVwdz3QYGvc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">3,239</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_989_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zyVFBoJ1e81g" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">1,756</td> <td id="xdx_985_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zN77JbR0GZe5" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">132</td> <td id="xdx_986_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zYe2bVrq3Vja" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">8,192</td> <td id="xdx_98F_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zMhvly2vZQJh" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">770</td> <td id="xdx_989_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zXcf29PtmY11" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">4,525</td> <td id="xdx_98C_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zdNQqpbsN4Gb" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">5,982</td> <td id="xdx_98C_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zYDDLjzG6idh" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">1,829</td> <td id="xdx_98A_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zifFj5drLIxl" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">4,035</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_984_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_ztSsQMlAYLGg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">109</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zaOI2WbC1ABb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,057</td> <td id="xdx_982_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zIP5AQ40oAI2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">51</td> <td id="xdx_98C_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_z9HHqQ00xsj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">588</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zdho1fmg8kg2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">354</td> <td id="xdx_980_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zCJrGVdmC7kb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">58</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zs9H0fNCDlWa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">512</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_988_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zr86wcWHc5Sa" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">846</td> <td id="xdx_984_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zlK6uVCrARcg" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2</td> <td id="xdx_98E_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zMsGIhkNVk69" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,807</td> <td id="xdx_98D_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zomIAGSUWzg4" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1</td> <td id="xdx_989_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zfnFGqfoaTUj" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,297</td> <td id="xdx_987_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zp3XJWwOBl5g" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">191</td> <td id="xdx_988_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zrygrMDhLOIf" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">583</td> <td id="xdx_98A_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zPPCQTOt4ndh" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,139</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_988_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zSlGoN0ZPvq" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">955</td> <td id="xdx_980_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zTzL1tzAt8N1" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2</td> <td id="xdx_98B_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zlCXjV1s9RQ2" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">3,864</td> <td id="xdx_98F_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zwcs85ycLCPc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">52</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zRHgtzqldzsj" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,885</td> <td id="xdx_98A_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zH6pKcoo1Xb3" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">545</td> <td id="xdx_983_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_ziJriprFIBB2" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">641</td> <td id="xdx_987_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zxodc55u2Wta" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,651</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_986_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_z2sNLwjtpwTi" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">801</td> <td id="xdx_980_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.a.Member_zqbr3dpfq7Vc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">130</td> <td id="xdx_98D_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zpENXk6tqX15" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">4,328</td> <td id="xdx_989_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zXWUmeBjshSc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">718</td> <td id="xdx_983_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zFKl2FpnrFje" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,640</td> <td id="xdx_98A_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z88X6tvuS8r5" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">5,437</td> <td id="xdx_982_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zhsVt7zHhBA6" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,188</td> <td id="xdx_981_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zaLil6SCxeK8" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,384</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net revenue</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zPsYRRpYV3yl" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">121</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zbpTzK3uNHOj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,991</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zx6yoRG9bUp5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">135</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zU7rFMDwrBve" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,358</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zFkxb273Q4g3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">990</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zKFCJZ9fYIMj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">284</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zwWU5rTODg0f" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,667</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss)</td> <td id="xdx_98E_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zDIDtTneLIm" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">27</td> <td id="xdx_982_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.a.Member_zPOJR7Ka5Ky4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(32)</td> <td id="xdx_988_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zFCiiknObDYk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">809</td> <td id="xdx_98B_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zFmvXM9Sq9Uh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">86</td> <td id="xdx_983_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zbDzG3TZy3bc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">280</td> <td id="xdx_984_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zgza68XcJnoi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(92)</td> <td id="xdx_989_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zeqQtiJcKpff" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">66</td> <td id="xdx_983_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zWaKUjIQSvwf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">226</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="7" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Year ended December 31, 2024</td></tr> <tr style="background-color: white"> <td style="text-align: right; vertical-align: bottom; width: 21%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Aliança Norte Energia Participações</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Anglo American Minério de Ferro do Brasil S.A.</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Pelletizing plants (i)</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">MRS Logística</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Oman Distribution Center</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VLI S.A.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zeYmxb0Sphya" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">683</td> <td id="xdx_984_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zYl9IHyLW773" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">369</td> <td id="xdx_983_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zIUqypC8iOz1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">868</td> <td id="xdx_98B_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zye90ouw3Z8j" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">1,183</td> <td id="xdx_98A_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zvWBjRtCv3M3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">88</td> <td id="xdx_98A_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zo1Wu8gBrbW" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">786</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98C_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zjITCNzAG6Ng" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">146</td> <td id="xdx_983_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zSeWGbfBK5Df" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">8,375</td> <td id="xdx_986_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_z8g0vcPZPtAb" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">374</td> <td id="xdx_98E_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_znzxjW2DcBY5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">2,461</td> <td id="xdx_98B_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zrzVfi3Holl9" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">4,792</td> <td id="xdx_989_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zQ2xvObuuYZ5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">1,779</td> <td id="xdx_988_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zJZhLBkGl6Hf" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">2,757</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_98E_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_z8POW6f45rI2" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">146</td> <td id="xdx_988_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zatixHofEz37" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">9,058</td> <td id="xdx_988_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zANVotABaIj5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">743</td> <td id="xdx_98E_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zWJSkwRyI5q8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,329</td> <td id="xdx_98D_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zbyh1FKmqGYk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">5,975</td> <td id="xdx_982_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zjQ3CG3pe4Td" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">1,867</td> <td id="xdx_982_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zCXf2eB1XaJ7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,543</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zUB7WiEGlcp8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,033</td> <td id="xdx_98A_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zzeNDhtvIoF4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">138</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_z4x3eIH786df" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">547</td> <td id="xdx_987_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z6WRiI3kdvS1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">264</td> <td id="xdx_98D_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zU38poWLnEma" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">40</td> <td id="xdx_985_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zW84flyNFkRd" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">799</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_986_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zHtjH7iVkDbf" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1</td> <td id="xdx_988_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zhID3SIlbppi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,081</td> <td id="xdx_980_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zybgSp83rXLh" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">–</td> <td id="xdx_98B_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zFqTWrv23Gl9" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,576</td> <td id="xdx_98B_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zOdquXpxuDJ6" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">147</td> <td id="xdx_98A_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zgpozq1i0TW7" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">596</td> <td id="xdx_98C_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zCCMzxSHmLFe" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,592</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zXorZlRdnbQl" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">1</td> <td id="xdx_982_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zOKNNvJ0PtEe" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">3,114</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_z7wi4pXSnEBa" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">138</td> <td id="xdx_981_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zLbR6CbsJxOk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,123</td> <td id="xdx_98E_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zx31syoqMT4i" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">411</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zBWs5NqA17ia" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">636</td> <td id="xdx_986_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zbJZ8BCWr6gb" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,391</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_986_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zkB4WHwZums" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">145</td> <td id="xdx_98D_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zu3D6EcHWC3k" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">5,944</td> <td id="xdx_98D_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zFfaOOKW2SP8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">605</td> <td id="xdx_98F_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zwjU1Nsb42Ei" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,206</td> <td id="xdx_984_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z7A3xRZKKVYk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">5,564</td> <td id="xdx_987_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zddWYXybMSfj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,231</td> <td id="xdx_982_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zqNn6rZsNJo4" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,152</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net revenue</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zsCE1y9iv6T3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">2,085</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zF7ExbynNK9i" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">307</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zMOgvYqfiy0l" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,303</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zTgZaUJ2hpj6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">472</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zTU5BsnjNP2l" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">67</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_z9qdUfQd75zb" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,705</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss)</td> <td id="xdx_980_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_z3D41r7Bgw3b" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(20)</td> <td id="xdx_983_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zsb6AdnFZGd6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">401</td> <td id="xdx_981_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zDmvqrtOWQ34" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">194</td> <td id="xdx_98B_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_z7v3xNWemvag" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">263</td> <td id="xdx_986_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zCX0HyimMBt2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(85)</td> <td id="xdx_980_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zuX5Ij4U8lXe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">31</td> <td id="xdx_98B_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zx5JZfJC0xRa" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">275</td></tr> </table> b) Subsidiaries The significant consolidated entities in each business segment are as follows: <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfInterestsInSubsidiariesExplanatory_pn6n6_zjn9CfVfVESk" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Investments in associates and joint ventures (Details 2)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of material consolidated</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 36%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 15%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Location</td> <td style="border-bottom: #007E7A 1pt solid; width: 19%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Main activity/Business</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">% Ownership</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">% Voting capital</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">% Noncontrolling interest</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Direct and indirect subsidiaries</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 9.6pt">Companhia Portuária da Baía de Sepetiba</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CompanhiaPortuariaDaBaiaDeSepetibaMember_zbOCzdrLmLb1" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CompanhiaPortuariaDaBaiaDeSepetibaMember_z9b1qpycrhU2" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CompanhiaPortuariaDaBaiaDeSepetibaMember_zTXYkqczlRI3" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 9.6pt">Minerações Brasileiras Reunidas S.A. (“MBR”)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MineracoesBrasileirasReunidasS.a.MbrMember_ztrOCPH5C4jk" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MineracoesBrasileirasReunidasS.a.MbrMember_zrHLFzzW19sb" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MineracoesBrasileirasReunidasS.a.MbrMember_zZYGts32MyOl" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Salobo Metais S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SaloboMetaisS.A.Member_zzCWJisMqKfh" title="% Ownership">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SaloboMetaisS.A.Member_zfgvTxJHxIzj" title="% Voting capital">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SaloboMetaisS.A.Member_zp8ZM9fhrU24" title="% Noncontrolling interest">10,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals Limited</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">United Kindgdom</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Holding</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z7oBlOy5NDy6" title="% Ownership">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z4m2CnmeVt58" title="% Voting capital">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z6rpR65AHo08" title="% Noncontrolling interest">10,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Holdings B.V.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Netherlands</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Holding and research</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeHoldingsBVMember_zVSuh9rLwDdf" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeHoldingsBVMember_zYug6kCsRUth" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeHoldingsBVMember_zAAowRWAcRI" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Canada Limited</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Canada</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeCanadaLimitedMember_zrFcnNC9x3Ah" title="% Ownership">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeCanadaLimitedMember_zhBusvjM8248" title="% Voting capital">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeCanadaLimitedMember_zO228ZuBGTL7" title="% Noncontrolling interest">10,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale International S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Switzerland</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Trading and holding</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeInternationalS.A.Member_zEYuv4VwGNBg" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeInternationalS.A.Member_zm4BYKLlu0y7" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeInternationalS.A.Member_zFSC0NEPOSE4" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Malaysia Minerals Sdn. Bhd.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Malaysia</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeMalaysiaMineralsSdn.Bhd.Member_znkNTvC3InZj" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeMalaysiaMineralsSdn.Bhd.Member_zxlZp10txeWe" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeMalaysiaMineralsSdn.Bhd.Member_zWbBnC3G8G87" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Oman Pelletizing Company LLC</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Oman</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Pelletizing plant</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeOmanPelletizingCompanyLLCMember_zVen0VWiSf8i" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeOmanPelletizingCompanyLLCMember_zg3LQ20JuHFf" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeOmanPelletizingCompanyLLCMember_zGchOViZi883" title="% Noncontrolling interest">0,0%</td></tr> </table> c) Noncontrolling interest Summarized financial information The summarized financial information, prior to the eliminations of the intercompany balances and transactions, about subsidiaries with material noncontrolling interest are as follow. The stand-alone financial statements of those entities may differ from the financial information reported herein, which is prepared considering Vale’s accounting policies. <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfNoncontrollingInterestsInSubsidiariesExplanatoryTableTextBlock_pn6n6_z0WTJLX5Ai4f" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Investments in associates and joint ventures (Details 3)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial information of noncontrolling interest</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">December 31, 2025</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 52%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 20%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Base Metals Limited</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Other</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_986_eifrs-full--CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zYnTl7RzDSM4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">16</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98C_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zJ4500H2Onnj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">11,002</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_980_ecustom--RelatedPartiesStockholdersAssets_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zCiz1CJjq8J7" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">1,045</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_98F_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zNXli8geaEhd" style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">12,063</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_98F_eifrs-full--CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zwsIRtGz5zwi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">22</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_98D_ecustom--RelatedPartiesShareholders_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zk56Aly5zVC6" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">2,263</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_986_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zKJ8VO2Ks0sj" style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,285</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_988_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zZdN5RHZyA65" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">9,778</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity (negative reserves) attributable to noncontrolling interests</td> <td id="xdx_980_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z2WN56SOG827" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">978</td> <td id="xdx_986_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zIDqLpStv8Uc" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">(137)</td> <td id="xdx_984_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20251231_zlseYrcDCYB2" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">841</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income</td> <td id="xdx_98C_eifrs-full--ProfitLoss_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zzYpBUzKz4Lb" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(3,375)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss) attributable to noncontrolling interests</td> <td id="xdx_98F_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zybhHdJhaUQ2" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(338)</td> <td id="xdx_981_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zjyTfvwV2Mtj" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(31)</td> <td id="xdx_98D_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20250101__20251231_zsNOEb3AJ8z6" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(369)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends paid to noncontrolling interests</td> <td id="xdx_98C_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zpiNcuyTt5D1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_988_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zCcOa1z8L2c7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_98A_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20250101__20251231_zgH1HiiWOVj1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right" title="Dividends paid to noncontrolling interests">–</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">December 31, 2024</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 52%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 20%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Base Metals Limited</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Other</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_98E_eifrs-full--CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zXKQkF2jNpL6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">18</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_985_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_ztZ3JQk3fuXk" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">13,141</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_98F_ecustom--RelatedPartiesStockholdersAssets_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zKKzB6w4z26" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">249</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_98C_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z5N40ypbnPba" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">13,408</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_984_ecustom--RelatedPartiesShareholders_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zfYkAPdxySnk" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">1,159</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z7xBf9korIkj" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">1,159</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_984_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zXH1ECy6qYDf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">12,249</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity (negative reserves) attributable to noncontrolling interests</td> <td id="xdx_989_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zOoHg86oqrU" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,225</td> <td id="xdx_987_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zCxnCFYAANkd" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">(103)</td> <td id="xdx_98E_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20241231_z0MDGlgDJEpf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,122</td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net loss</td> <td id="xdx_987_eifrs-full--ProfitLoss_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zVvwjfLObrX6" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(692)</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss) attributable to noncontrolling interests</td> <td id="xdx_987_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zqVNiCwBWDzf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(195)</td> <td id="xdx_980_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zRiZHaEZSgD" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">4</td> <td id="xdx_98B_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20240101__20241231_zSzJT3iyrkji" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(191)</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends paid to noncontrolling interests</td> <td id="xdx_980_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zCa7JshE19L9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_98C_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_z6Rb8zERF4I6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_987_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20240101__20241231_zMNWEPJysgTl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">–</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">December 31, 2023</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 46%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 18%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PTVI</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 18%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Other</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 18%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_986_eifrs-full--CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_z4ErviI1jlsj" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">885</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98B_eifrs-full--NoncurrentAssets_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_z3sd1UK44AEe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">2,977</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_987_ecustom--RelatedPartiesStockholdersAssets_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_z56eAHut1vhk" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">83</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_984_eifrs-full--Assets_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zfZpINXaBNH6" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,945</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_98B_eifrs-full--CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zxS4p5CJ2FZf" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">221</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_98C_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zqAVm0kSibxa" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">239</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_98F_eifrs-full--Liabilities_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zlBahAPdWhs3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">460</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_98A_eifrs-full--Equity_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zdsQTLnrmINa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">3,484</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity (negative reserves) attributable to noncontrolling interests</td> <td id="xdx_987_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zfu0zlgOpaTc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,599</td> <td id="xdx_98D_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zRqDtwOjhxge" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">(79)</td> <td id="xdx_985_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20231231_z6U4IcxIs02g" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,520</td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income</td> <td id="xdx_980_eifrs-full--ProfitLoss_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zaiyGPSejrHc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">207</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss) attributable to noncontrolling interests</td> <td id="xdx_98C_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zJZWrKf0bw24" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">144</td> <td id="xdx_982_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zKN9PhS2bo4a" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(22)</td> <td id="xdx_981_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20230101__20231231_zRi2sStP75Al" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">122</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends paid to noncontrolling interests</td> <td id="xdx_986_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zzJHNUW2BiD7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">33</td> <td id="xdx_98F_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zKnKEk3Rl8me" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">8</td> <td id="xdx_984_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20230101__20231231_z1wAA6VjWJ7b" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">41</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: bottom"> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Subsidiaries – The Company consolidates all entities over which it exercises control, defined as having both (i) exposure or rights to variable returns from its involvement and (ii) the ability to direct significant activities of the investee. Subsidiaries are fully consolidated from the acquisition date until the Company ceases to have control. <p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory_zddgnBWvPRTh" style="font: 10pt/120% Vale Sans,sans-serif; margin: 10pt 0; text-align: justify">Transactions with noncontrolling interests – Investments held by other investors in Vale's subsidiaries are treated as noncontrolling interests (“NCI”). Transactions with NCI are treated as transactions with the Company's shareholders. For purchases or disposals of NCI, the difference between the consideration paid and the book value of the acquired portion of the subsidiary's net assets is directly recorded in equity under "Acquisitions and disposals of non-controlling interests." Loss of control – When the Company ceases to have control, any interest retained in the entity is remeasured at its fair value, with the change in the carrying amount recognized in profit or loss. Amounts previously recognized in other comprehensive income are reclassified to the income statement. <p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatoryPolicyTextBlock_zml9bZn8sq7a" style="font: 10pt/120% Vale Sans,sans-serif; margin: 10pt 0; text-align: justify">Investments in associates and joint arrangements – Associates are entities over which the Company holds significant influence (typically 20% to 50% equity interest). If the equity interest in an associate decrease while retaining significant influence, a proportionate portion of the amounts previously recognized in other comprehensive income is reclassified to profit or loss as appropriate. Dilution gains and losses on associates are recognized in the income statement. Joint arrangements are all entities over which the Company shares control with one or more parties. The classification of joint arrangement investments as joint operations or joint ventures depends on the contractual rights and obligations of each investor. Joint operations are recorded in the financial statements to represent the Company’s contractual rights and obligations. Accordingly, assets, liabilities, income and expenses related to the joint operation are individually recorded in the financial statements. Interests in joint ventures are accounted for using the equity method, recognized initially at cost. The Company's investment in joint ventures includes identified goodwill from the acquisition, net of any impairment loss. The Company's interest in joint venture profits or losses is recognized in the income statement, and participation in changes in reserves is reflected in the Company's reserves. If the Company's interest in the losses of an associate or joint venture equals or exceeds the carrying amount of the investment, including any other receivables, additional losses are not recognized unless obligations or payments have been made on behalf of the joint venture. In addition, the financial information used for associates and joint ventures to account for their impact in these financial statements may diverge from the stand-alone financial statements of those entities due to adjustments to Vale's accounting policy and variations in reporting periods. Cumulative translation adjustments - According to IAS 21, exchange differences arising from transactions and balances of foreign operations are recognized in other comprehensive income and accumulated in equity until the full or partial disposal of the operation. A "partial disposal" of an investment can be construed as (i) a reduction in the percentage of equity interest or (ii) a decrease in the absolute value of the investment through the reduction of the investee's capital, even if the investor's ownership percentage remains unchanged. Consequently, there exists an accounting policy choice concerning the definition of a partial disposal. In alignment with its accounting policy, the Company has chosen to treat a capital reduction in an investment in a foreign operation under the absolute value approach as described in (ii) above. Consequently, the exchange differences initially recorded in equity are reclassified to the income statement in the same proportion as the reduction in the net investment held in the foreign operation.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> In certain scenarios, judgment is necessary to determine whether, after considering all relevant factors, the Company exercises control, joint control, or significant influence over an entity. Significant influence includes situations involving collective control. The Company holds the majority of the voting capital in four joint arrangements (Aliança Norte Energia Participações S.A., Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização, and Companhia Nipo-Brasileira de Pelotização). However, due to shareholders’ agreements, management has concluded that the Company lacks a sufficiently dominant voting interest to direct the activities of these entities. Consequently, these entities are accounted for using the equity method due to shareholder agreements where relevant decisions are shared with other parties. </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfInvestmentsInAssociatesAndJointVenturesEquityResultsAndDividendsReceivedTableTextBlock_pn6n6_zYfPymVaZIm9" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Investments in associates and joint ventures (Details)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Schedule of investment in associated and joint ventures</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 27%; padding-right: 2.65pt; padding-left: 2.65pt; text-align: right"> </td> <td style="width: 10%; padding-right: 2.65pt; text-align: right">Business</td> <td style="width: 6%; padding-right: 2.65pt; text-align: right">% ownership</td> <td style="width: 7%; padding-right: 2.65pt; text-align: right">December 31, 2024</td> <td style="width: 9%; padding-right: 2.65pt; text-align: right">Equity results in income statement</td> <td style="width: 8%; padding-right: 2.65pt; text-align: right">Dividends declared</td> <td style="width: 8%; padding-right: 2.65pt; text-align: right">Translation adjustment</td> <td style="width: 9%; padding-right: 2.65pt; text-align: right">Fair value remeasurement</td> <td style="width: 7%; padding-right: 2.65pt; text-align: right">Other</td> <td style="width: 9%; padding-right: 2.65pt; text-align: right">December 31, 2025</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and joint ventures</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">In Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Aliança Geração Energia S.A. (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zbgEwXGeXvUa" title="Business">Energy</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zGw26dG545Gk" title="Ownership interest in associates and joint ventures">30.00</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zdcqYeXEIrb9" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">–</td> <td id="xdx_980_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zDupkMgY4K8i" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">8</td> <td id="xdx_98E_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z2pVfAQx8Zf9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(6)</td> <td id="xdx_981_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_zIzXXE8Rn3ag" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">–</td> <td id="xdx_98A_ecustom--FairValueRemeasurement_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z9Uv5iYbeY66" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Fair value remeasurement">238</td> <td id="xdx_982_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z2BfROtHNrV9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">–</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.A.Member__ifrs-full--SegmentsAxis__custom--EnergyMember_z8ME4IjNVN9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">240</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Aliança Norte Energia Participações S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_zNCAbOUeC80h" title="Business">Energy</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_zmkgh4ZDlpg7" title="Ownership interest in associates and joint ventures">51.00</td> <td id="xdx_980_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_z7eJtfogyDvj" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">74</td> <td id="xdx_981_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_zK82eN7TgoI" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">(16)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_z4NUnLcLuSs2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">8</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.A.Member__ifrs-full--SegmentsAxis__custom--Energy1Member_z6GGU8NS7Y5h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">66</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Anglo American Minério de Ferro Brasil S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zBsUgzgBDRd5" title="Business">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zJm2y7kdiD8l" title="Ownership interest in associates and joint ventures">15.00</td> <td id="xdx_98A_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z1qK1XOwcyn1" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">663</td> <td id="xdx_986_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zlHSwmEgPu2a" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">121</td> <td id="xdx_985_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zYtDSKwoyFT2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(145)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z599P4ZrS9Yb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">10</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zriX611gI66a" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">649</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Coreano-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zZnZe81w8JH5" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zCKGn2zndWH8" title="Ownership interest in associates and joint ventures">50.00</td> <td id="xdx_980_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zwZYqQ3orGWe" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">75</td> <td id="xdx_981_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zpUIWXrGs6Gk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">12</td> <td id="xdx_98E_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_zQhwRLadRTw" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(9)</td> <td id="xdx_98C_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_z2vkiwMLTSfi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">10</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaCoreanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--PelletsMember_ziYSJnB9S3Ek" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">88</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Hispano-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zUV7dniE0uOj" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zTNVdRJ8Jztk" title="Ownership interest in associates and joint ventures">50.89</td> <td id="xdx_98C_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zypCiMBKGYx4" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">42</td> <td id="xdx_981_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zexzMFdYkmx9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">6</td> <td id="xdx_987_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zUlwRvuhvZIe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(8)</td> <td id="xdx_982_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zJLRD9M6Fq8d" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">4</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaHispanoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets1Member_zRgLW2HWPvv4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">44</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Ítalo-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zPB4RTIrnsTe" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zQDL1pwKSM6c" title="Ownership interest in associates and joint ventures">50.90</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zFpXfLyipERc" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">61</td> <td id="xdx_985_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zoQ2XNi8eHu9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">4</td> <td id="xdx_983_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zXYsNX2gHKug" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(3)</td> <td id="xdx_98F_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zEDiP5wqRdTb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">8</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_zwLhOfSldHCi" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">5</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaItaloBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets2Member_z3qyyNbaaR5a" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">75</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Companhia Nipo-Brasileira de Pelotização</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zpcNdFaCQ9T6" title="Business">Pellets</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zCuaV5D3k3Eg" title="Ownership interest in associates and joint ventures">51.00</td> <td id="xdx_98C_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zyj5J2F1mkgl" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">129</td> <td id="xdx_986_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_z8UEP1bJHY7e" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">21</td> <td id="xdx_984_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zD9GVcFqrCS8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(10)</td> <td id="xdx_980_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zzx5Yn6Ym9K8" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">17</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--CompanhiaNipoBrasileiraDePelotizacaoMember__ifrs-full--SegmentsAxis__custom--Pellets3Member_zQYnbj4ITcna" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">157</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">MRS Logística S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_z0LUOxatVdTi" title="Business">Logistics</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_z48EaH4rUeib" title="Ownership interest in associates and joint ventures">49.01</td> <td id="xdx_987_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zEmJbUC3HWAa" style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">591</td> <td id="xdx_980_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zBeUPGvmIDhk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">137</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zhS5OIRNFz3l" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">76</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MRSLogisticaaSAMember__ifrs-full--SegmentsAxis__custom--LogisticsMember_zSCFOHkkUDO9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">804</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 9.6pt">Samarco Mineração S.A. (note 26)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMineracaoSAMember__ifrs-full--SegmentsAxis__custom--Pellets4Member_zvbxgQsHMnc" title="Business">Pellets</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--SamarcoMineracaoSAMember__ifrs-full--SegmentsAxis__custom--Pellets4Member_zrBCBmEh18p6" title="Ownership interest in associates and joint ventures">50.00</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">VLI S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zVURGnz23A75" title="Business">Logistics</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_903_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_z6tU84yfZ0zf" title="Ownership interest in associates and joint ventures">29.60</td> <td id="xdx_989_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zj80aPH42LRc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">341</td> <td id="xdx_988_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zP0IJ4AkmtZ7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">67</td> <td id="xdx_98E_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_znl3EFFZyxgb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(40)</td> <td id="xdx_982_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zsckT8WWGbnk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">42</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VLISAMember__ifrs-full--SegmentsAxis__custom--Logistics1Member_zTAzoVivFyr2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">410</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Other</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zoTrpIWiGpae" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">70</td> <td id="xdx_98D_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zzBViOrRa0Ck" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">3</td> <td id="xdx_985_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z6YvEo8SKH5e" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(1)</td> <td id="xdx_98E_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_zOjtvj2c18ye" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Translation adjustment">8</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z0k91PYbRwAg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Other">(20)</td> <td id="xdx_98D_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherMember__ifrs-full--SegmentsAxis__custom--IronOreSolutionsMember_z7A7yhWHp7ph" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">60</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Abroad</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zjOjVLxqX9v3" title="Business">Vale Base Metals</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zYLpn2zcBRFh" title="Ownership interest in associates and joint ventures">33.88</td> <td id="xdx_985_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_z4bWLLZThyec" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">1,885</td> <td id="xdx_98F_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zXUuLHemBLth" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">(31)</td> <td id="xdx_987_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_z4zSjB0wIkcg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(12)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember__ifrs-full--SegmentsAxis__custom--ValeBaseMetalsMember_zir9ahWUyXlk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">1,842</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Vale Oman Distribution Center</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--PrincipalPlaceOfBusiness_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zRvOzv69HGo2" title="Business">Logistics</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--ProportionOfOwnershipInterestInJointVenture_pip0_dp_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zBsywfsjUavl" title="Ownership interest in associates and joint ventures">50.00</td> <td id="xdx_982_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zr14dBAZWsU5" style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">616</td> <td id="xdx_988_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_ztevEOXwbWRb" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Equity results in income statement">33</td> <td id="xdx_981_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zeVf1qrjUIck" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends declared">(55)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember__ifrs-full--SegmentsAxis__custom--Logistics2Member_zgfpt1iQ9Km9" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">594</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; line-height: 120%">Equity results in associates and joint ventures </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td id="xdx_981_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iS_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_z0olRRm4J3S9" style="border-bottom: #007E79 1pt solid; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, beginning balance">4,547</td> <td id="xdx_98F_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zEcPV7Ml5AIh" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Equity results in income statement">365</td> <td id="xdx_987_ecustom--DividendsDeclaredReceived_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_z0ha0Wano9Kg" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Dividends declared">(289)</td> <td id="xdx_986_eifrs-full--AdjustmentsForGainsLossesOnFairValueAdjustmentInvestmentProperty_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zpfnutPgDX01" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Translation adjustment">173</td> <td id="xdx_98E_ecustom--TransferToAssetsHeldForSale_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zmROXy1nMKsd" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Transfer to assets held for sale">238</td> <td id="xdx_98B_eifrs-full--OtherIncomeExpenseFromSubsidiariesJointlyControlledEntitiesAndAssociates_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zkrFi2yS0Hqh" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Other">(5)</td> <td id="xdx_983_eifrs-full--InvestmentsInSubsidiariesJointVenturesAndAssociates_iE_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsInAssociatesAndJointVenturesMember_zZUbS4pFHqLi" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Investments in associates and joint ventures, ending balance">5,029</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; line-height: 120%">Other results in associates and joint ventures (ii)</td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td id="xdx_985_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--OtherResultsInAssociatesAndJointVenturesMember_z8WGaT9q1vej" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right" title="Equity results in income statement">(583)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; line-height: 120%">Equity results and other results in associates and joint ventures</td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td style="border-bottom: #007E79 1pt solid"> </td> <td id="xdx_98F_eifrs-full--ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethod_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--EquityResultsAndOtherResultsInAssociatesAndJointVenturesMember_zyyUsI0zlK79" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; text-align: right; line-height: 120%" title="Equity results in income statement">(218)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2"> </td></tr> </table> (i) It refers to the remeasurement at fair value of the remaining stake held by Vale on Aliança Geração Energia S.A., after the closing of the divestment transaction (notes 31a). (ii) It refers substantially to the addition in the provision related to Samarco dam failure (note 26b).

Energy

0.3000

8000000

-6000000 238000000

240000000

Energy

0.5100

74000000

-16000000

8000000

66000000

Iron ore

0.1500

663000000

121000000

-145000000

10000000

649000000

Pellets

0.5000

75000000

12000000

-9000000

10000000

88000000

Pellets

0.5089

42000000

6000000

-8000000

4000000

44000000

Pellets

0.5090

61000000

4000000

-3000000

8000000

5000000

75000000

Pellets

0.5100

129000000

21000000

-10000000

17000000

157000000

Logistics

0.4901

591000000

137000000

76000000

804000000

Pellets

0.5000

Logistics

0.2960

341000000

67000000

-40000000

42000000

410000000

70000000

3000000

-1000000

8000000

-20000000

60000000

Vale Base Metals

0.3388

1885000000

-31000000

-12000000

1842000000

Logistics

0.5000

616000000

33000000

-55000000

594000000

4547000000

365000000

-289000000

173000000

238000000

-5000000

5029000000

-583000000

-218000000

<table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--DisclosureOfSummarizedFinancialInformationAboutRelevantAssociatesAndJointVenturesTableTextBlock_pn6n6_zIKg3DWctWS" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Investments in associates and joint ventures (Details 1)"> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial information about relevant associates and joint ventures</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="7" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Year ended December 31, 2025</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; width: 21%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 12%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Aliança Geração Energia S.A.</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Aliança Norte Energia Participações</td> <td style="border-bottom: #007E7A 1pt solid; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Anglo American Minério de Ferro do Brasil S.A.</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Pelletizing plants (i)</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">MRS Logística</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Oman Distribution Center</td> <td style="border-bottom: #007E7A 1pt solid; width: 7%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VLI S.A.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_98D_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zVZ3w2rZAEI8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">224</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zAk7jyQJCVxb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">644</td> <td id="xdx_985_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zZhNQTbFne84" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">283</td> <td id="xdx_98E_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zVaKarbHltVd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">1,008</td> <td id="xdx_98D_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z9vnS5sITEw7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">918</td> <td id="xdx_98E_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zyI4zU4yNVO2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">158</td> <td id="xdx_989_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_z8O2E4tLa1i9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">796</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98F_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zzdpC5O3iq67" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">1,532</td> <td id="xdx_982_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zK5E9jLBJidb" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">132</td> <td id="xdx_98A_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zUUfku45aS22" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">7,548</td> <td id="xdx_989_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zNhle1tjjtWk" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">487</td> <td id="xdx_98F_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zbDRvyou5lL1" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">3,517</td> <td id="xdx_986_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zATCwY1qhKy2" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">5,064</td> <td id="xdx_98A_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zeqR2Ax4TlC5" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">1,671</td> <td id="xdx_982_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zEVwdz3QYGvc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">3,239</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_989_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zyVFBoJ1e81g" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">1,756</td> <td id="xdx_985_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zN77JbR0GZe5" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">132</td> <td id="xdx_986_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zYe2bVrq3Vja" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">8,192</td> <td id="xdx_98F_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zMhvly2vZQJh" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">770</td> <td id="xdx_989_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zXcf29PtmY11" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">4,525</td> <td id="xdx_98C_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zdNQqpbsN4Gb" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">5,982</td> <td id="xdx_98C_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zYDDLjzG6idh" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">1,829</td> <td id="xdx_98A_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zifFj5drLIxl" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">4,035</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_984_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_ztSsQMlAYLGg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">109</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zaOI2WbC1ABb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,057</td> <td id="xdx_982_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zIP5AQ40oAI2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">51</td> <td id="xdx_98C_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_z9HHqQ00xsj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">588</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zdho1fmg8kg2" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">354</td> <td id="xdx_980_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zCJrGVdmC7kb" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">58</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zs9H0fNCDlWa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">512</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_988_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zr86wcWHc5Sa" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">846</td> <td id="xdx_984_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zlK6uVCrARcg" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2</td> <td id="xdx_98E_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zMsGIhkNVk69" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,807</td> <td id="xdx_98D_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zomIAGSUWzg4" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1</td> <td id="xdx_989_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zfnFGqfoaTUj" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,297</td> <td id="xdx_987_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zp3XJWwOBl5g" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">191</td> <td id="xdx_988_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zrygrMDhLOIf" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">583</td> <td id="xdx_98A_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zPPCQTOt4ndh" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,139</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_988_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zSlGoN0ZPvq" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">955</td> <td id="xdx_980_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zTzL1tzAt8N1" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2</td> <td id="xdx_98B_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zlCXjV1s9RQ2" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">3,864</td> <td id="xdx_98F_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zwcs85ycLCPc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">52</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zRHgtzqldzsj" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,885</td> <td id="xdx_98A_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zH6pKcoo1Xb3" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">545</td> <td id="xdx_983_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_ziJriprFIBB2" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">641</td> <td id="xdx_987_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zxodc55u2Wta" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,651</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_986_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_z2sNLwjtpwTi" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">801</td> <td id="xdx_980_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.a.Member_zqbr3dpfq7Vc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">130</td> <td id="xdx_98D_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zpENXk6tqX15" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">4,328</td> <td id="xdx_989_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zXWUmeBjshSc" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">718</td> <td id="xdx_983_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zFKl2FpnrFje" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,640</td> <td id="xdx_98A_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z88X6tvuS8r5" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">5,437</td> <td id="xdx_982_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zhsVt7zHhBA6" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,188</td> <td id="xdx_981_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zaLil6SCxeK8" style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,384</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net revenue</td> <td id="xdx_984_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zPsYRRpYV3yl" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">121</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zbpTzK3uNHOj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,991</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zx6yoRG9bUp5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">135</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zU7rFMDwrBve" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,358</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zFkxb273Q4g3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">990</td> <td id="xdx_98A_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zKFCJZ9fYIMj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">284</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zwWU5rTODg0f" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,667</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss)</td> <td id="xdx_98E_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaGeracaoEnergiaS.AMember_zDIDtTneLIm" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">27</td> <td id="xdx_982_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesS.a.Member_zPOJR7Ka5Ky4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(32)</td> <td id="xdx_988_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zFCiiknObDYk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">809</td> <td id="xdx_98B_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zFmvXM9Sq9Uh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">86</td> <td id="xdx_983_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zbDzG3TZy3bc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">280</td> <td id="xdx_984_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zgza68XcJnoi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(92)</td> <td id="xdx_989_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zeqQtiJcKpff" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">66</td> <td id="xdx_983_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20250101__20251231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zWaKUjIQSvwf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">226</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="7" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Year ended December 31, 2024</td></tr> <tr style="background-color: white"> <td style="text-align: right; vertical-align: bottom; width: 21%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Aliança Norte Energia Participações</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">Anglo American Minério de Ferro do Brasil S.A.</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Pelletizing plants (i)</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 8.95pt">MRS Logística</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Oman Distribution Center</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">VLI S.A.</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zeYmxb0Sphya" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">683</td> <td id="xdx_984_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zYl9IHyLW773" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">369</td> <td id="xdx_983_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zIUqypC8iOz1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">868</td> <td id="xdx_98B_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zye90ouw3Z8j" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">1,183</td> <td id="xdx_98A_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zvWBjRtCv3M3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">88</td> <td id="xdx_98A_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zo1Wu8gBrbW" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">786</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98C_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zjITCNzAG6Ng" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">146</td> <td id="xdx_983_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zSeWGbfBK5Df" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">8,375</td> <td id="xdx_986_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_z8g0vcPZPtAb" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">374</td> <td id="xdx_98E_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_znzxjW2DcBY5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">2,461</td> <td id="xdx_98B_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zrzVfi3Holl9" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">4,792</td> <td id="xdx_989_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zQ2xvObuuYZ5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">1,779</td> <td id="xdx_988_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zJZhLBkGl6Hf" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">2,757</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_98E_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_z8POW6f45rI2" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">146</td> <td id="xdx_988_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zatixHofEz37" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">9,058</td> <td id="xdx_988_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zANVotABaIj5" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">743</td> <td id="xdx_98E_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zWJSkwRyI5q8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,329</td> <td id="xdx_98D_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zbyh1FKmqGYk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">5,975</td> <td id="xdx_982_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zjQ3CG3pe4Td" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">1,867</td> <td id="xdx_982_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zCXf2eB1XaJ7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,543</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zUB7WiEGlcp8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,033</td> <td id="xdx_98A_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zzeNDhtvIoF4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">138</td> <td id="xdx_988_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_z4x3eIH786df" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">547</td> <td id="xdx_987_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z6WRiI3kdvS1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">264</td> <td id="xdx_98D_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zU38poWLnEma" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">40</td> <td id="xdx_985_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zW84flyNFkRd" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">799</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_986_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zHtjH7iVkDbf" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1</td> <td id="xdx_988_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zhID3SIlbppi" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">2,081</td> <td id="xdx_980_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zybgSp83rXLh" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">–</td> <td id="xdx_98B_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zFqTWrv23Gl9" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,576</td> <td id="xdx_98B_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zOdquXpxuDJ6" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">147</td> <td id="xdx_98A_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zgpozq1i0TW7" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">596</td> <td id="xdx_98C_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zCCMzxSHmLFe" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,592</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zXorZlRdnbQl" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">1</td> <td id="xdx_982_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zOKNNvJ0PtEe" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">3,114</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_z7wi4pXSnEBa" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">138</td> <td id="xdx_981_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zLbR6CbsJxOk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,123</td> <td id="xdx_98E_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zx31syoqMT4i" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">411</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zBWs5NqA17ia" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">636</td> <td id="xdx_986_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zbJZ8BCWr6gb" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,391</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_986_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_zkB4WHwZums" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">145</td> <td id="xdx_98D_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zu3D6EcHWC3k" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">5,944</td> <td id="xdx_98D_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zFfaOOKW2SP8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">605</td> <td id="xdx_98F_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zwjU1Nsb42Ei" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,206</td> <td id="xdx_984_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_z7A3xRZKKVYk" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">5,564</td> <td id="xdx_987_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zddWYXybMSfj" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,231</td> <td id="xdx_982_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zqNn6rZsNJo4" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">1,152</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net revenue</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zsCE1y9iv6T3" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">2,085</td> <td id="xdx_982_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zF7ExbynNK9i" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">307</td> <td id="xdx_983_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_zMOgvYqfiy0l" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,303</td> <td id="xdx_985_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zTgZaUJ2hpj6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">472</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zTU5BsnjNP2l" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">67</td> <td id="xdx_98B_eifrs-full--Revenue_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_z9qdUfQd75zb" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net revenue">1,705</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss)</td> <td id="xdx_980_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--AliancaNorteEnergiaParticipacoesMember_z3D41r7Bgw3b" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(20)</td> <td id="xdx_983_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--AngloAmericanMinerioDeFerroDoBrasilS.AMember_zsb6AdnFZGd6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">401</td> <td id="xdx_981_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PelletizingPlantsMember_zDmvqrtOWQ34" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">194</td> <td id="xdx_98B_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--MrsLogisticaS.a.Member_z7v3xNWemvag" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">263</td> <td id="xdx_986_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--PTValeIndonesiaTbkMember_zCX0HyimMBt2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(85)</td> <td id="xdx_980_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--ValeOmanDistributionCenterMember_zuX5Ij4U8lXe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">31</td> <td id="xdx_98B_eifrs-full--ProfitLossFromContinuingOperations_pn6n6_c20240101__20241231__ifrs-full--JointVenturesAxis__custom--VliS.a.Member_zx5JZfJC0xRa" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">275</td></tr> </table>

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<table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfInterestsInSubsidiariesExplanatory_pn6n6_zjn9CfVfVESk" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Investments in associates and joint ventures (Details 2)"> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Schedule of material consolidated</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 36%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 15%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Location</td> <td style="border-bottom: #007E7A 1pt solid; width: 19%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Main activity/Business</td> <td style="border-bottom: #007E7A 1pt solid; width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">% Ownership</td> <td style="border-bottom: #007E7A 1pt solid; width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">% Voting capital</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">% Noncontrolling interest</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; line-height: 120%">Direct and indirect subsidiaries</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 9.6pt">Companhia Portuária da Baía de Sepetiba</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CompanhiaPortuariaDaBaiaDeSepetibaMember_zbOCzdrLmLb1" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CompanhiaPortuariaDaBaiaDeSepetibaMember_z9b1qpycrhU2" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--CompanhiaPortuariaDaBaiaDeSepetibaMember_zTXYkqczlRI3" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 9.6pt">Minerações Brasileiras Reunidas S.A. (“MBR”)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MineracoesBrasileirasReunidasS.a.MbrMember_ztrOCPH5C4jk" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MineracoesBrasileirasReunidasS.a.MbrMember_zrHLFzzW19sb" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--MineracoesBrasileirasReunidasS.a.MbrMember_zZYGts32MyOl" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Salobo Metais S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Copper</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SaloboMetaisS.A.Member_zzCWJisMqKfh" title="% Ownership">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SaloboMetaisS.A.Member_zfgvTxJHxIzj" title="% Voting capital">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--SaloboMetaisS.A.Member_zp8ZM9fhrU24" title="% Noncontrolling interest">10,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Base Metals Limited</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">United Kindgdom</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Holding</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z7oBlOy5NDy6" title="% Ownership">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z4m2CnmeVt58" title="% Voting capital">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z6rpR65AHo08" title="% Noncontrolling interest">10,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Holdings B.V.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Netherlands</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Holding and research</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeHoldingsBVMember_zVSuh9rLwDdf" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeHoldingsBVMember_zYug6kCsRUth" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeHoldingsBVMember_zAAowRWAcRI" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Canada Limited</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Canada</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Nickel</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeCanadaLimitedMember_zrFcnNC9x3Ah" title="% Ownership">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeCanadaLimitedMember_zhBusvjM8248" title="% Voting capital">90,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeCanadaLimitedMember_zO228ZuBGTL7" title="% Noncontrolling interest">10,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale International S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Switzerland</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Trading and holding</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeInternationalS.A.Member_zEYuv4VwGNBg" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeInternationalS.A.Member_zm4BYKLlu0y7" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeInternationalS.A.Member_zFSC0NEPOSE4" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Malaysia Minerals Sdn. Bhd.</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Malaysia</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Iron ore</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeMalaysiaMineralsSdn.Bhd.Member_znkNTvC3InZj" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeMalaysiaMineralsSdn.Bhd.Member_zxlZp10txeWe" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeMalaysiaMineralsSdn.Bhd.Member_zWbBnC3G8G87" title="% Noncontrolling interest">0,0%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Vale Oman Pelletizing Company LLC</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Oman</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Pelletizing plant</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ProportionOfOwnershipInterestInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeOmanPelletizingCompanyLLCMember_zVen0VWiSf8i" title="% Ownership">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ProportionOfVotingPowerHeldInSubsidiary_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeOmanPelletizingCompanyLLCMember_zg3LQ20JuHFf" title="% Voting capital">100,0%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ProportionOfOwnershipInterestsHeldByNoncontrollingInterests_pid_dp_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeOmanPelletizingCompanyLLCMember_zGchOViZi883" title="% Noncontrolling interest">0,0%</td></tr> </table>

1.0000

0.0000

1.0000

0.0000

0.9000

0.1000

0.9000

0.1000

1.0000

0.0000

0.9000

0.1000

1.0000

0.0000

1.0000

0.0000

1.0000

0.0000

<table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfNoncontrollingInterestsInSubsidiariesExplanatoryTableTextBlock_pn6n6_z0WTJLX5Ai4f" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Investments in associates and joint ventures (Details 3)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of financial information of noncontrolling interest</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">December 31, 2025</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 52%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 20%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Base Metals Limited</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Other</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_986_eifrs-full--CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zYnTl7RzDSM4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">16</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98C_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zJ4500H2Onnj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">11,002</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_980_ecustom--RelatedPartiesStockholdersAssets_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zCiz1CJjq8J7" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">1,045</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_98F_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zNXli8geaEhd" style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">12,063</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_98F_eifrs-full--CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zwsIRtGz5zwi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">22</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_98D_ecustom--RelatedPartiesShareholders_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zk56Aly5zVC6" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">2,263</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_986_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zKJ8VO2Ks0sj" style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">2,285</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_988_eifrs-full--Equity_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zZdN5RHZyA65" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">9,778</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity (negative reserves) attributable to noncontrolling interests</td> <td id="xdx_980_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z2WN56SOG827" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">978</td> <td id="xdx_986_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zIDqLpStv8Uc" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">(137)</td> <td id="xdx_984_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20251231_zlseYrcDCYB2" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">841</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income</td> <td id="xdx_98C_eifrs-full--ProfitLoss_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zzYpBUzKz4Lb" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(3,375)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss) attributable to noncontrolling interests</td> <td id="xdx_98F_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zybhHdJhaUQ2" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(338)</td> <td id="xdx_981_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zjyTfvwV2Mtj" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(31)</td> <td id="xdx_98D_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20250101__20251231_zsNOEb3AJ8z6" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(369)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends paid to noncontrolling interests</td> <td id="xdx_98C_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zpiNcuyTt5D1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_988_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20250101__20251231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zCcOa1z8L2c7" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_98A_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20250101__20251231_zgH1HiiWOVj1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right" title="Dividends paid to noncontrolling interests">–</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="border-bottom: #007E7A 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">December 31, 2024</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 52%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 20%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Vale Base Metals Limited</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Other</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 14%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_98E_eifrs-full--CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zXKQkF2jNpL6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">18</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_985_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_ztZ3JQk3fuXk" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">13,141</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_98F_ecustom--RelatedPartiesStockholdersAssets_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zKKzB6w4z26" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">249</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_98C_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z5N40ypbnPba" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">13,408</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_984_ecustom--RelatedPartiesShareholders_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zfYkAPdxySnk" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">1,159</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_98C_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_z7xBf9korIkj" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">1,159</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_984_eifrs-full--Equity_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zXH1ECy6qYDf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">12,249</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity (negative reserves) attributable to noncontrolling interests</td> <td id="xdx_989_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zOoHg86oqrU" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,225</td> <td id="xdx_987_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zCxnCFYAANkd" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">(103)</td> <td id="xdx_98E_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20241231_z0MDGlgDJEpf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,122</td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net loss</td> <td id="xdx_987_eifrs-full--ProfitLoss_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zVvwjfLObrX6" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">(692)</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss) attributable to noncontrolling interests</td> <td id="xdx_987_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zqVNiCwBWDzf" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(195)</td> <td id="xdx_980_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zRiZHaEZSgD" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">4</td> <td id="xdx_98B_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20240101__20241231_zSzJT3iyrkji" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(191)</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends paid to noncontrolling interests</td> <td id="xdx_980_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--ValeBaseMetalsLimitedMember_zCa7JshE19L9" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_98C_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20240101__20241231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_z6Rb8zERF4I6" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">–</td> <td id="xdx_987_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20240101__20241231_zMNWEPJysgTl" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">–</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="3" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">December 31, 2023</td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 46%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 18%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">PTVI</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 18%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Other</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 18%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_986_eifrs-full--CurrentAssetsOtherThanAssetsOrDisposalGroupsClassifiedAsHeldForSaleOrAsHeldForDistributionToOwners_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_z4ErviI1jlsj" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">885</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98B_eifrs-full--NoncurrentAssets_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_z3sd1UK44AEe" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets.">2,977</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td id="xdx_987_ecustom--RelatedPartiesStockholdersAssets_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_z56eAHut1vhk" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Related parties - Shareholders">83</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total assets</td> <td id="xdx_984_eifrs-full--Assets_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zfZpINXaBNH6" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total assets">3,945</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_98B_eifrs-full--CurrentLiabilitiesOtherThanLiabilitiesIncludedInDisposalGroupsClassifiedAsHeldForSale_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zxS4p5CJ2FZf" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">221</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_98C_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zqAVm0kSibxa" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">239</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Related parties – Shareholders</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="font-family: Times New Roman,serif; line-height: 120%">Total liabilities</td> <td id="xdx_98F_eifrs-full--Liabilities_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zlBahAPdWhs3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total liabilities">460</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity</td> <td id="xdx_98A_eifrs-full--Equity_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zdsQTLnrmINa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity">3,484</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Equity (negative reserves) attributable to noncontrolling interests</td> <td id="xdx_987_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zfu0zlgOpaTc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,599</td> <td id="xdx_98D_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zRqDtwOjhxge" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">(79)</td> <td id="xdx_985_eifrs-full--NoncontrollingInterests_iI_pn6n6_c20231231_z6U4IcxIs02g" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity (negative reserves) attributable to noncontrolling interests">1,520</td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td> <td style="font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income</td> <td id="xdx_980_eifrs-full--ProfitLoss_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zaiyGPSejrHc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss)">207</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Net income (loss) attributable to noncontrolling interests</td> <td id="xdx_98C_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zJZWrKf0bw24" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">144</td> <td id="xdx_982_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zKN9PhS2bo4a" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">(22)</td> <td id="xdx_981_eifrs-full--ProfitLossAttributableToNoncontrollingInterests_pn6n6_c20230101__20231231_zRi2sStP75Al" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net income (loss) attributable to noncontrolling interests">122</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Dividends paid to noncontrolling interests</td> <td id="xdx_986_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--PTValeIndonesiaMember_zzJHNUW2BiD7" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">33</td> <td id="xdx_98F_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20230101__20231231__ifrs-full--SignificantInvestmentsInSubsidiariesAxis__custom--OtherMember_zKnKEk3Rl8me" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">8</td> <td id="xdx_984_eifrs-full--DividendsPaidToNoncontrollingInterestsClassifiedAsFinancingActivities_pn6n6_c20230101__20231231_z1wAA6VjWJ7b" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Dividends paid to noncontrolling interests">41</td></tr> </table>

16000000

11002000000

1045000000

12063000000

22000000

2263000000

2285000000

9778000000

978000000

-137000000

841000000

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-338000000

-31000000

-369000000

18000000

13141000000

249000000

13408000000

1159000000

12249000000

1225000000

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1122000000

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-195000000

4000000

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885000000

2977000000

83000000

3945000000

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239000000

460000000

3484000000

1599000000

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1520000000

207000000

144000000

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122000000

33000000

8000000

41000000

Subsidiaries – The Company consolidates all entities over which it exercises control, defined as having both (i) exposure or rights to variable returns from its involvement and (ii) the ability to direct significant activities of the investee. Subsidiaries are fully consolidated from the acquisition date until the Company ceases to have control.

<p id="xdx_842_eifrs-full--DescriptionOfAccountingPolicyForTransactionsWithNoncontrollingInterestsExplanatory_zddgnBWvPRTh" style="font: 10pt/120% Vale Sans,sans-serif; margin: 10pt 0; text-align: justify">Transactions with noncontrolling interests – Investments held by other investors in Vale's subsidiaries are treated as noncontrolling interests (“NCI”). Transactions with NCI are treated as transactions with the Company's shareholders. For purchases or disposals of NCI, the difference between the consideration paid and the book value of the acquired portion of the subsidiary's net assets is directly recorded in equity under "Acquisitions and disposals of non-controlling interests."

Loss of control – When the Company ceases to have control, any interest retained in the entity is remeasured at its fair value, with the change in the carrying amount recognized in profit or loss. Amounts previously recognized in other comprehensive income are reclassified to the income statement.

<p id="xdx_84A_ecustom--DescriptionOfAccountingPolicyForInvestmentInAssociatesAndJointVenturesExplanatoryPolicyTextBlock_zml9bZn8sq7a" style="font: 10pt/120% Vale Sans,sans-serif; margin: 10pt 0; text-align: justify">Investments in associates and joint arrangements – Associates are entities over which the Company holds significant influence (typically 20% to 50% equity interest). If the equity interest in an associate decrease while retaining significant influence, a proportionate portion of the amounts previously recognized in other comprehensive income is reclassified to profit or loss as appropriate. Dilution gains and losses on associates are recognized in the income statement. Joint arrangements are all entities over which the Company shares control with one or more parties. The classification of joint arrangement investments as joint operations or joint ventures depends on the contractual rights and obligations of each investor. Joint operations are recorded in the financial statements to represent the Company’s contractual rights and obligations. Accordingly, assets, liabilities, income and expenses related to the joint operation are individually recorded in the financial statements. Interests in joint ventures are accounted for using the equity method, recognized initially at cost. The Company's investment in joint ventures includes identified goodwill from the acquisition, net of any impairment loss. The Company's interest in joint venture profits or losses is recognized in the income statement, and participation in changes in reserves is reflected in the Company's reserves. If the Company's interest in the losses of an associate or joint venture equals or exceeds the carrying amount of the investment, including any other receivables, additional losses are not recognized unless obligations or payments have been made on behalf of the joint venture. In addition, the financial information used for associates and joint ventures to account for their impact in these financial statements may diverge from the stand-alone financial statements of those entities due to adjustments to Vale's accounting policy and variations in reporting periods. Cumulative translation adjustments - According to IAS 21, exchange differences arising from transactions and balances of foreign operations are recognized in other comprehensive income and accumulated in equity until the full or partial disposal of the operation. A "partial disposal" of an investment can be construed as (i) a reduction in the percentage of equity interest or (ii) a decrease in the absolute value of the investment through the reduction of the investee's capital, even if the investor's ownership percentage remains unchanged. Consequently, there exists an accounting policy choice concerning the definition of a partial disposal. In alignment with its accounting policy, the Company has chosen to treat a capital reduction in an investment in a foreign operation under the absolute value approach as described in (ii) above. Consequently, the exchange differences initially recorded in equity are reclassified to the income statement in the same proportion as the reduction in the net investment held in the foreign operation. Critical accounting estimates and judgments In certain scenarios, judgment is necessary to determine whether, after considering all relevant factors, the Company exercises control, joint control, or significant influence over an entity. Significant influence includes situations involving collective control. The Company holds the majority of the voting capital in four joint arrangements (Aliança Norte Energia Participações S.A., Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização, and Companhia Nipo-Brasileira de Pelotização). However, due to shareholders’ agreements, management has concluded that the Company lacks a sufficiently dominant voting interest to direct the activities of these entities. Consequently, these entities are accounted for using the equity method due to shareholder agreements where relevant decisions are shared with other parties. 31. Acquisitions and divestitures Effects on the income statement <table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--ScheduleOfEffectsOnTheIncomesStatementTableTextBlock_pn6n6_zNCX8dSo3Jha" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Schedule of effects on the income statement</td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 43%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Aliança Geração de Energia S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td id="xdx_98F_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoEnergiaSAMember_zX3F1BR9Q1v5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">(206)</td> <td id="xdx_985_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoEnergiaSAMember_zwbXmElIenB2" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">305</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Anglo American Minério de Ferro Brasil S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember_z2UhOlVe1Qhf" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">626</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Oman Distribution Center</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(c)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zeytQx93LTT1" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">1,222</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(d)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTValeIndonesiaTbkMember_zh9c2gi0C409" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">1,059</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Mineração Rio do Norte</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(f)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MineracaoRioDoNorteMember_zBgdLFZvJBz" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">(87)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Companhia Siderúrgica do Pecém </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(h)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CompanhiaSiderurgicaDoPecemMember_zBFF0Oy4dq1e" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">31</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98F_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20250101__20251231_zu59STZqOWgi" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures, gross">(206)</td> <td id="xdx_989_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231_zHPtIEONFZPl" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">3,212</td> <td id="xdx_983_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20230101__20231231_zHYjjwTOI2y1" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">(56)</td></tr> </table> Effects on the cash flow from investing activities <table cellpadding="0" cellspacing="0" id="xdx_88B_ecustom--ScheduleOfEffectsOnCashFlowFromInvestingStatementTableTextBlock_pn6n6_zezmhf9NKyK6" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Schedule of effects on cash flow from investing activities</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_49B_20250101__20251231_zT97LLF2pq8b" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center"> </td> <td id="xdx_499_20240101__20241231_zzIRonSYVjZ6" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center"> </td> <td id="xdx_49A_20230101__20231231_zS8I4N5NBp3c" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 52%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40F_ecustom--ProceedsFromPartialDisposalOfAlianaShares_zSUuwIXulu26"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Proceeds from partial disposal of Aliança shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">891</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_40A_ecustom--CashPaidForAcquisitionOfAlianaShares_zAdwQwDSt4C4"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Cash paid for the acquisition of Aliança shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(493)</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_407_ecustom--CashPaidForPurchaseOfAngloAmericanBrasilShares_z78WzoRbmZnd"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash paid for the purchase of Anglo American Brasil shares</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(30)</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_409_ecustom--ProceedsFromPartialDisposalOfVodcShares_z0aQZJCQzZV9"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeds from partial disposal of VODC shares</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(c)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">600</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_401_ecustom--ProceedsFromPartialDisposalOfPtviShares_zL7aPELhehie"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeds from the partial disposal of PTVI shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(d)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">155</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_40E_ecustom--ProceedsFromPartialDisposalOfVbmlShares_zaocWrKR6Eb2"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeds from the partial disposal of VBML shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(e)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">2,455</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_401_ecustom--DisbursementRelatedToMrnSale_z48J0r12Kz8h"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disbursement related to MRN sale</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(f)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(72)</td></tr> <tr id="xdx_403_ecustom--ProceedsFromDivestmentOfCompanhiaSiderrgicaDoPecm_zmXdjYiTvpW3"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Proceeds from the divestment of Companhia Siderúrgica do Pecém</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(h)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">1,082</td></tr> <tr id="xdx_405_ecustom--CashContributionToCompanhiaSiderrgicaDoPecm_z4BP81IcstBd"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Cash contribution to Companhia Siderúrgica do Pecém </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(h)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(1,149)</td></tr> <tr id="xdx_40F_ecustom--CashReceivedPaidFromDisposalAndAcquisitionOfInvestmentsNet_zg431Vom30Ob"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash received (paid) from disposal and acquisition of investments, net</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">891</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,687</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(139)</td></tr> </table> a) Divestment of Aliança Geração de Energia S.A. (“Aliança”) – In March 2024, the Company entered into an agreement with Cemig GT to acquire its 45% stake in Aliança. The decision was taken in the context of the divestment plan announced to the market by Cemig GT in 2020, and Vale chose to exercise its preferential right of acquisition. In August 2024, the transaction was completed for the amount of US$<span id="xdx_90E_ecustom--AcquisitionCost_iI_pn6n6_c20240831__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--USDMember__ifrs-full--BusinessCombinationsAxis__custom--AliancaEnergiaMember_zaKGCu0WezW" title="Acquisition cost">493 (R$<span id="xdx_90C_ecustom--AcquisitionCost_iI_pn6n6_c20240831__ifrs-full--CurrencyInWhichInformationIsDisplayedAxis__custom--BRLMember__ifrs-full--BusinessCombinationsAxis__custom--AliancaEnergiaMember_zW3BHSZdwjQl" title="Acquisition cost">2,737 million), and Vale became the sole owner of Aliança. As a result, the Company recorded a gain of US$<span id="xdx_90E_ecustom--ResultsFromInvestmentsAndOtherResultsInAssociatesAndJointVentures_iI_pn6n6_c20240831__ifrs-full--BusinessCombinationsAxis__custom--AliancaEnergiaMember_zqRcEnymLZh4" title="Results from investments and other results in associates and joint ventures">305 in the income statement for the three-month period ended September 30, 2024 as “Results from investments and other results in associates and joint ventures,” due to the remeasurement to fair value of the previously held equity interest. The fair value of the identifiable assets acquired and liabilities assumed as a result of the acquisition are presented below: <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--ScheduleOfFairValueOfIdentifiableAssetsAcquiredAndLiabilitiesAssumedResultOfAcquisitionTableTextBlock_pn6n6_zkNLRsnUMpqb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 2)"> <tr style="vertical-align: bottom; background-color: white"> <td style="font-family: Times New Roman,serif">Schedule of fair value of identifiable assets acquired and liabilities assumed result of acquisition</td> <td style="font-family: Times New Roman,serif"> </td> <td id="xdx_491_20240813__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--AliancaEnergiaMember_zmVvgc6aRRa3" style="font-family: Times New Roman,serif; text-align: center; line-height: 8pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 79%; font-family: Times New Roman,serif"> </td> <td style="width: 5%; font-family: Times New Roman,serif"> </td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 8pt">Aliança Energia</td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="font-family: Times New Roman,serif; text-align: right">August 13, 2024</td></tr> <tr id="xdx_40F_ecustom--IdentifiableAssetsAcquiredAbstract_iB_zu7hcoYnpZtd" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Identifiable assets acquired</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_405_eifrs-full--CashAndCashEquivalents_iI_zZHGiDwVHHDj" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">95</td></tr> <tr id="xdx_40C_ecustom--IntangibleAssets_iI_zGJsZxAAR1tc" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Intangibles</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">828</td></tr> <tr id="xdx_400_eifrs-full--PropertyPlantAndEquipment_iI_zB7CEmGTyOre" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Property, plant, and equipment</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">573</td></tr> <tr id="xdx_409_ecustom--OtherIdentifiableAssets_iI_z6bgBMOBjec5" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">40</td></tr> <tr id="xdx_407_ecustom--IdentifiableAssetsAcquired_iI_z8DkfUvn2Zd5" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif">Total Identifiable assets acquired </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,536</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_402_ecustom--LiabilitiesAssumedAbstract_iB_zOxu0YSDy4R9" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liabilities assumed</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_408_ecustom--LoansAndBorrowings_iI_zQ07ht6sJY0a" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21(c)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">245</td></tr> <tr id="xdx_409_ecustom--DeferredTaxesOnProfit_iI_zdMZdAUuLdo1" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deferred income taxes</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">312</td></tr> <tr id="xdx_409_ecustom--OtherLiabilitiesAssumed_iI_zupTooQVgcZh" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">140</td></tr> <tr id="xdx_40D_ecustom--LiabilitiesAssumed_iI_z9PuV8QSAsOg" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif">Total Liabilities assumed </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">697</td></tr> <tr id="xdx_408_ecustom--NetAssetsAcquired_iI_zRLVYFnl98Rb" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net assets acquired</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">839</td></tr> </table> As disclosed below, the deferred tax liability recognized on the difference between the fair value and the book value of the net assets acquired resulted in goodwill, which is not deductible for tax purposes. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_491_20240813__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--AliancaEnergiaMember_zPpCtaXa7ut6" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 79%; font-family: Times New Roman,serif"> </td> <td style="width: 5%; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">August 13, 2024</td></tr> <tr id="xdx_401_ecustom--ConsiderationTransferredForAcquisitionOf45EquityInterestHeldByCemigGt_iI_zGv6hW2GNog6" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Consideration transferred for acquisition of the 45% equity interest held by Cemig GT</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">493</td></tr> <tr id="xdx_407_ecustom--FairValueOf55StakePreviouslyHeldByVale_iI_zGP6UueMmPq4" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of the 55% stake previously held by Vale</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">603</td></tr> <tr id="xdx_40C_ecustom--AssetsFairValue_iI_z2QHEk9lMShe" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total [A]</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,096</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40C_ecustom--FairValueOfNetAssetsAcquired_iI_zwUMH5zYjhHd" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of net assets acquired</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,096</td></tr> <tr id="xdx_400_ecustom--DeferredTaxLiabilityOnDifferenceBetweenFairValueAndBookValueOfNetAssets_iI_zzoF4LrAUmB2" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">(-) Deferred tax liability on the difference between the fair value and the book value of net assets</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(257)</td></tr> <tr id="xdx_40F_ecustom--NetAssets_iI_zRZzQ6xJvbo" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total net assets [B]</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">839</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_401_eifrs-full--Goodwill_iI_zFhloeovPjGh" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Goodwill [A-B]</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">257</td></tr> </table> In March 2025, the Company signed a binding agreement with Global Infrastructure Partners (“GIP”) for the sale of 70% of its stake in Aliança and the energy assets of Sol do Cerrado solar plant and Risoleta Neves hydroelectric plant. As a result, the related assets and liabilities were classified as held for sale and Vale recognized an impairment loss in the amount of US$<span id="xdx_90A_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20250331__ifrs-full--BusinessCombinationsAxis__custom--AliancaEnergiaMember_zptP67wwEkSb" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">117 in the income statement for the three-month period ended March 31, 2025 as "Impairment and gains (losses) on disposal of non-current assets, net", which was allocated to the goodwill (note 15) arising from the acquisition of Aliança. In September 2025, the energy assets of Sol do Cerrado solar plant and Risoleta Neves hydroelectric plant were transferred from Vale S.A. to Aliança and, the Company concluded the transaction for the amount of US$871, comprised by a cash inflow of US$1,006, net of a reduction of US$135 in the remaining investment in Aliança due to a loan assumed by the investee in the context of the transaction. As a result of the transaction, Vale recognized a loss of US$<span id="xdx_906_ecustom--ImpairmentOnDisposalOfNoncurrentAssetsNet_pn6n6_c20250101__20251231__ifrs-full--BusinessCombinationsAxis__custom--AngloAmericanBrasilMember_zTyFMdw9DDJl" title="Impairment on disposal of non-current assets, net">89 in the income statement as "Impairment and result on disposal of non-current assets, net", and lost control over Aliança. Consequently, the Company will no longer consolidate Aliança, with the remaining interest accounted for as an associate by the equity method. The effects of this transaction are summarized below: <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfEffectOfTransactionsTableTextBlock_zmxLfmsPDAZb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 3)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of divestment effects of transactions are summarized</td> <td id="xdx_497_20250930__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--AliancaEnergiaMember_zErvpbiHyZQj" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 77%; font-family: Times New Roman,serif"> </td> <td style="width: 23%; font-family: Times New Roman,serif; text-align: right">September, 2025</td></tr> <tr id="xdx_40F_ecustom--CashConsiderationReceived_iI_zMf03iuIx0xg"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash received</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,006</td></tr> <tr id="xdx_406_ecustom--FairValueOfInterestRetained_iI_z90OoM7BIK3c"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of 30% interest retained</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">238</td></tr> <tr id="xdx_40A_ecustom--DerecognitionOfNetAssetsOfPtvi_iI_z43yynsnoHp8"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">(-) Derecognition of Aliança’s net assets</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(1,333)</td></tr> <tr id="xdx_407_ecustom--GainOnTransactionRecordedInIncomeStatements_iI_zvE5qVDPij4l"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loss on the transaction</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(89)</td></tr> </table> b) Purchase of equity interest in Anglo American Minério de Ferro Brasil S.A. (“Anglo American Brasil”) – In February 2024, the Company entered into a binding agreement with Anglo American plc for the purchase of 15% interest in Anglo American Brasil, the company that currently owns the Minas-Rio complex (“Minas-Rio”), in Brazil. The transaction was concluded in December 2024, and under the terms agreed, Vale contributed with Serra da Serpentina iron ore resources in the amount of US$750 and paid US$30 in cash. Additionally, depending on future iron ore prices over the next four years, there may be an adjustment to the transaction price and the fair value adjustments of this mechanism will be recognized in the Company's income statement, if any. As a result of the transaction, Vale recognized a gain of US$<span id="xdx_903_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20251231__ifrs-full--BusinessCombinationsAxis__custom--AngloAmericanBrasilMember_zVJrOcTiVagi" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">626 in the income statement as "Impairment and result on disposal of non-current assets, net" due to the difference between the fair value and the carrying amount of the iron ore resources of Serra da Serpentina, which were contributed to Anglo American Brasil as part of the consideration transferred for the equity interest acquired. The Company will also receive its pro-rata share of Minas-Rio's production, in addition to holding an option to purchase an additional 15% shareholding in Anglo American Brasil. The exercise price of the option will be the fair value, calculated at the time of exercise. Upon completion of the transaction, Anglo American Brasil has become an associate of Vale, and the investment is accounted for equity method due to the significant influence exercised by Vale in the investee. c) Divestment on Vale Oman Distribution Center (“VODC”) – VODC operates a maritime terminal with access to the Port of Sohar in Oman, featuring a deep-water jetty and an integrated iron ore blending and distribution center with a nominal capacity of 40 Mtpy. In August 2024, the Company established a joint venture with AP Oryx Holdings LLC (“Apollo”) through a binding agreement to sell 50% equity interest in VODC for US$600 million. The transaction was completed in September 2024, reducing Vale’s stake in VODC from 100% to 50% and changing its status from a subsidiary to a joint venture. With this transaction, Vale shared control over VODC with Apollo and, from then on, will no longer consolidate VODC, which will be accounted for as a joint venture using the equity method. As a result of the transaction, the Company recognized a gain of US$<span id="xdx_900_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20240930__ifrs-full--BusinessCombinationsAxis__custom--VODCMember_zbenQxJkB8wi" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">1,222 in the income statement as "Impairment and result on disposal of non-current assets, net". This gain is due to (i) the result of the sale of the equity interest in the amount of US$555, (ii) the result of the remeasurement to fair value of the remaining interest in the amount of US$<span id="xdx_907_ecustom--RemeasurementFairValueOfRemainingInterestAmount_iI_pn6n6_c20251231__ifrs-full--BusinessCombinationsAxis__custom--VODCMember_z2JBo4I2ajmd" title="Remeasurement fair value of remaining interest amount">555, and (iii) the reclassification to income statement of the cumulative translation adjustments in the amount of US$112. The effects of this transaction are summarized below: <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfEffectsOfTransactionsTableTextBlock_zTkTAP1n9Twg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 4)"> <tr style="background-color: white"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effect of transaction</td> <td id="xdx_49A_20240926__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--ValeOmanDistributionCenterMember_zBMthYnYdko9" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 82%; font-family: Times New Roman,serif"> </td> <td style="width: 18%; font-family: Times New Roman,serif; text-align: right">September 26, 2024</td></tr> <tr id="xdx_40E_ecustom--SaleOf50PercentEquityInterestAbstract_iB_zLo43L4vzvQ9" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Sale of the 50% equity interest</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_403_ecustom--CashConsiderationReceived_iI_pn6n6_zUIIH89Szp36" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash received</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">600</td></tr> <tr id="xdx_405_ecustom--DerecognitionOfVodcsNetAssets_iI_pn6n6_zCqiv0ufUQD8" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derecognition of VODC’s net assets</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(45)</td></tr> <tr id="xdx_401_ecustom--GainOnSaleOfEquityInterest_iI_pn6n6_zh21TfaecdVa" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on sale of equity interest</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">555</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_406_ecustom--RemeasurementOf50InterestRetainedAbstract_iB_zLRCnnXCwGS4" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Remeasurement of the 50% interest retained</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40D_ecustom--FairValueOf50PercentInterestRetained_iI_pn6n6_zUYFKqiv9RPc" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of 50% interest retained</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">600</td></tr> <tr id="xdx_40E_ecustom--DerecognitionOfVodcsNetAsset_iI_pn6n6_zsazd0j7vLzl" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derecognition of VODC’s net assets</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(45)</td></tr> <tr id="xdx_40D_ecustom--GainOnRemeasurementOfEquityInterest_iI_pn6n6_zFHLHm02otCf" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on remeasurement of equity interest</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">555</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_400_ecustom--OtherEffectsOfDeconsolidationAbstract_iB_zw0quEhRSryc" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other effects of the deconsolidation</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40F_ecustom--GainOnReclassificationOfCumulativeTranslationAdjustment_iI_pn6n6_zM4TU4mSlT1j" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on the reclassification of cumulative translation adjustments</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">112</td></tr> <tr id="xdx_40D_ecustom--GainOnTransactionRecordedInIncomeStatements_iI_pn6n6_zSYo5L6xVcR5" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Gain on the transaction recorded in the income statement</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,222</td></tr> </table> d) Divestment on PT Vale Indonesia Tbk (“PTVI”) – In June 2024, the Company reduced its interests in PTVI in approximately 10.5%. This divestment was carried out through (i) the issuance of PTVI’s new shares, thereby diluting Vale in 2.1%, and (ii) by the direct sale of 8.4% of Vale’s shares to MIND ID. As a result of the transaction, MIND ID became PTVI's largest shareholder, holding approximately 34.0% of the issued shares, with the Company and SMM holding approximately 33.9% and 11.5%, respectively. The completion of the transaction satisfied a key condition for PTVI to extend its mining license until 2035, with potential extension beyond this period subject to certain requirements. With the transaction, Vale received US$155 for its shares and lost control over PTVI, which was accounted for as an associate under the equity method due to the significant influence retained by Vale over PTVI. As result, in June 2024, the Company recognized a gain of US$<span id="xdx_90D_ecustom--ReversalOfImpairmentAndGainsLossesOnDisposalOfNoncurrentAssetsNet_iI_pn6n6_c20240630__ifrs-full--BusinessCombinationsAxis__custom--PTVIMember_zBsWzsSB8M59" title="Reversal of impairment and gains (losses) on disposal of non-current assets, net">1,059 in the income statement as "Impairment and result on disposal of non-current assets, net". This gain was due to the reclassification of cumulative translation adjustments of US$1,063 and the gain on remeasurement of the interest retained at fair value of the US$<span id="xdx_902_ecustom--RemeasurementFairValueOfRemainingInterestAmount_iI_pn6n6_c20240630__ifrs-full--BusinessCombinationsAxis__custom--PTVIMember_zkzeaIH80Yr2" title="Remeasurement fair value of remaining interest amount">657, net of the loss on the reduction in PTVI stake in the amount of US$661. The effects of this transaction are summarized below: <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfDivestmentOnPTValeIndonesiaTbkTransactionsTableTextBlock_zlAMDkMNrFR9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 5)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Schedule of effect of transaction</td> <td id="xdx_498_20240628__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--PTValeIndonesiaTbkMember_zpnDimScSNyl" style="border-bottom: #D9D9D9 1pt solid; text-align: center; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 77%; font-family: Times New Roman,serif"> </td> <td style="width: 23%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">June 28, 2024</td></tr> <tr id="xdx_40D_ecustom--CashConsiderationReceived_iI_zZY61z6MXJ0k" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash consideration received</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">155</td></tr> <tr id="xdx_403_ecustom--FairValueOfInterestRetained_iI_zrus9a2loAb3" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of 33.9% interest retained (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,910</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_408_ecustom--EffectsOfDeconsolidationAbstract_iB_zuAAw7C7xvQ2" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Effects of the deconsolidation:</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40A_ecustom--DerecognitionOfNetAssetsOfPtvi_iI_zy2oKlq8DPPk" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derecognition of net assets of PTVI</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,697)</td></tr> <tr id="xdx_403_ecustom--GainOnDerecognitionOfNoncontrollingShareholders_iI_zPKQU3Aefes2" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on derecognition of noncontrolling shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,628</td></tr> <tr id="xdx_407_ecustom--GainOnReclassificationOfCumulativeTranslationAdjustment_iI_zyS3H3cQTlL7" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on the reclassification of cumulative translation adjustments</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,063</td></tr> <tr id="xdx_403_ecustom--GainOnTransactionRecordedInIncomeStatements_iI_zeYTLDoXq19b" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on the transaction recorded in the income statement</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,059</td></tr> </table> (i) The fair value of the 33.9% retained interest was estimated based on a third-party valuation report. The valuation considered the discounted cash flow method. The key assumptions considered were (i) discount rate of 7.75% with incremental risk premium of around 1.00% on certain assets, (ii) asset life through to 2065, and (iii) range of expected nickel prices from US$/t 17,501 to US$/t 21,000. e) Strategic partnership in the Vale Base Metals business – In July 2023, the Company signed a binding agreement with Manara Minerals, a joint venture between Ma’aden and Saudi Arabia’s Public Investment Fund, under which Manara Minerals would make an equity investment in Vale Base Metals Limited (“VBM”), the holding entity for Vale’s Vale Base Metals Business that was a wholly owned subsidiary. At the same time, Vale and Engine No. 1 entered into another binding agreement for an equity investment in VBM. In April 2024, the Company concluded the transaction with Manara Minerals to sell 10% of the business for US$2,455, which was fully contributed to VBM thereby diluting Vale to a 90% equity interest, retaining control over VBM. As a result, Vale recognized a gain from the sale in the amount of US$895, of which US$<span id="xdx_903_ecustom--TransactionWithNoncontrollingShareholders_iI_pn6n6_c20240430__ifrs-full--BusinessCombinationsAxis__custom--EnergyTransitionMetalsBusinessMember_zYuUi9Aigcw1" title="Transactions with noncontrolling shareholders">1,514 was attributable to noncontrolling interests recorded in the equity as "Transactions with noncontrolling interests". Additionally, in April 2024, Vale and Engine No. 1 agreed to not proceed with the transaction, which was discontinued, without any penalties to both parties. f) Mineração Rio do Norte S.A. (“MRN”) – In November 2023, Vale concluded the sale of its 40% interest in MRN, which has been impaired in full since 2021, to Ananke Alumina S.A. (“Ananke”), an associate of Norsk Hydro ASA. At closing of the transaction, Vale paid US$72 to the buyer, resulting in a loss of US$87 recorded in the income statement for the year ended December 31, 2023, as “Equity results and other results in associates and joint ventures”. g) Vale Oman Pelletizing Company LLC (“VOPC”) – In February 2023, OQ Group exercised their option to sell its 30% noncontrolling interest held in VOPC, a subsidiary consolidated by the Company. As a result, in April 2023, the Company completed the transaction and acquired the minority interest previously held by the OQ Group for US$130, resulting in a gain of US$3, recorded in equity as “Transactions with of noncontrolling interests”, since it resulted from a transaction between shareholders. Upon closing, Vale owns 100% of VOPC's share capital. h) Companhia Siderúrgica do Pecém (“CSP”) – In July 2022, the Company and the other shareholders of CSP signed a binding agreement with ArcelorMittal Brasil S.A. (“ArcelorMittal”) for the sale of CSP. Following the terms of the agreement, the Company has impaired its investment in full, with an impact of US$111 and recorded a provision for accounts receivable with CSP in the amount of US$24, both recorded in the income statement for the year ended December 31, 2022. In March 2023, the Company completed the sale of its interest in CSP to ArcelorMittal, for US$1,082, which was fully used to prepay most of the outstanding net debt of US$1,149. The remaining balance was settled by the shareholders and so Vale disbursed US$67 upon completion of the transaction. The Company also derecognized its financial liability related to the guarantee granted to CSP, leading to a gain of US$31 recorded as “Equity results and other results in associates and joint ventures” for the year ended December 31, 2023. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy </td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Business combinations - The acquisition method of accounting is used to account for all business combinations, irrespective of whether equity instruments or other assets are acquired. The consideration transferred for acquiring a subsidiary comprises (i) the fair values of the assets transferred; (ii) assumed liabilities of the acquired business; (iii) equity interests issued to the Company; (iv) the fair value of any asset or liability resulting from a contingent consideration arrangement; and (v) the fair value of any pre-existing equity interest in the subsidiary. Identifiable assets acquired, and liabilities and contingent liabilities assumed in a business combination are, with limited exceptions, initially measured at their fair values on the acquisition date. The Company recognizes any noncontrolling interest in the acquired entity on an acquisition-by-acquisition basis, either at fair value or at the noncontrolling interest’s proportionate share of the acquired entity’s net identifiable assets. <p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory_zeMbXFdSfXdj" style="font: 10pt/120% Vale Sans,sans-serif; margin: 10pt 0; text-align: justify">Discontinued operations - The designation as a discontinued operation occurs either upon disposal or when the operation meets the criteria for classification as held for sale if this condition is met earlier. A discontinued operation refers to a component of a Company's business that encompasses cash flows and operations distinguishable from the remainder of the Company, representing a significant separate line of business or geographical area of operations. The results of discontinued operations are presented in a single amount in the income statement, including the post-tax results of these operations, net of any impairment loss. Cash flows related to operating, investing, and financing activities of discontinued operations are disclosed in a separate note. Upon classifying an operation as discontinued, the income statements for prior periods are restated as if the operation had been discontinued since the beginning of the comparative period. Any noncontrolling interest associated with a group disposal held for sale is presented in equity and is not reclassified in the statement of financial position. </td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_884_ecustom--ScheduleOfEffectsOnTheIncomesStatementTableTextBlock_pn6n6_zNCX8dSo3Jha" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Schedule of effects on the income statement</td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 43%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Aliança Geração de Energia S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td id="xdx_98F_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoEnergiaSAMember_zX3F1BR9Q1v5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">(206)</td> <td id="xdx_985_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoEnergiaSAMember_zwbXmElIenB2" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">305</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Anglo American Minério de Ferro Brasil S.A.</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMinerioDeFerroBrasilSAMember_z2UhOlVe1Qhf" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">626</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Vale Oman Distribution Center</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(c)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zeytQx93LTT1" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">1,222</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">PT Vale Indonesia Tbk</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(d)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTValeIndonesiaTbkMember_zh9c2gi0C409" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">1,059</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Mineração Rio do Norte</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(f)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MineracaoRioDoNorteMember_zBgdLFZvJBz" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">(87)</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Companhia Siderúrgica do Pecém </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(h)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CompanhiaSiderurgicaDoPecemMember_zBFF0Oy4dq1e" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">31</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td id="xdx_98F_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20250101__20251231_zu59STZqOWgi" style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures, gross">(206)</td> <td id="xdx_989_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20240101__20241231_zHPtIEONFZPl" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">3,212</td> <td id="xdx_983_ecustom--AcquisitionsAndDivestituresGross_pn6n6_c20230101__20231231_zHYjjwTOI2y1" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Acquisitions and divestitures">(56)</td></tr> </table> -206000000 305000000 626000000 1222000000 1059000000 -87000000 31000000 -206000000 3212000000 -56000000 <table cellpadding="0" cellspacing="0" id="xdx_88B_ecustom--ScheduleOfEffectsOnCashFlowFromInvestingStatementTableTextBlock_pn6n6_zezmhf9NKyK6" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 1)"> <tr> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Schedule of effects on cash flow from investing activities</td> <td style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_49B_20250101__20251231_zT97LLF2pq8b" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center"> </td> <td id="xdx_499_20240101__20241231_zzIRonSYVjZ6" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center"> </td> <td id="xdx_49A_20230101__20231231_zS8I4N5NBp3c" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 52%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="width: 9%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40F_ecustom--ProceedsFromPartialDisposalOfAlianaShares_zSUuwIXulu26"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Proceeds from partial disposal of Aliança shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">891</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_40A_ecustom--CashPaidForAcquisitionOfAlianaShares_zAdwQwDSt4C4"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Cash paid for the acquisition of Aliança shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">31(a)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(493)</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_407_ecustom--CashPaidForPurchaseOfAngloAmericanBrasilShares_z78WzoRbmZnd"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash paid for the purchase of Anglo American Brasil shares</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(30)</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_409_ecustom--ProceedsFromPartialDisposalOfVodcShares_z0aQZJCQzZV9"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeds from partial disposal of VODC shares</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(c)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">600</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_401_ecustom--ProceedsFromPartialDisposalOfPtviShares_zL7aPELhehie"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeds from the partial disposal of PTVI shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(d)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">155</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_40E_ecustom--ProceedsFromPartialDisposalOfVbmlShares_zaocWrKR6Eb2"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Proceeds from the partial disposal of VBML shares</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(e)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">2,455</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td></tr> <tr id="xdx_401_ecustom--DisbursementRelatedToMrnSale_z48J0r12Kz8h"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Disbursement related to MRN sale</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(f)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(72)</td></tr> <tr id="xdx_403_ecustom--ProceedsFromDivestmentOfCompanhiaSiderrgicaDoPecm_zmXdjYiTvpW3"> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Proceeds from the divestment of Companhia Siderúrgica do Pecém</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(h)</td> <td style="border-bottom: #DBDBDB 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #DBDBDB 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">1,082</td></tr> <tr id="xdx_405_ecustom--CashContributionToCompanhiaSiderrgicaDoPecm_z4BP81IcstBd"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">Cash contribution to Companhia Siderúrgica do Pecém </td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">31(h)</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">–</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(1,149)</td></tr> <tr id="xdx_40F_ecustom--CashReceivedPaidFromDisposalAndAcquisitionOfInvestmentsNet_zg431Vom30Ob"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash received (paid) from disposal and acquisition of investments, net</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">891</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2,687</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(139)</td></tr> </table> 891000000 -493000000 -30000000 600000000 155000000 2455000000 -72000000 1082000000 -1149000000 891000000 2687000000 -139000000 493000000 2737000000 305000000 <table cellpadding="0" cellspacing="0" id="xdx_894_ecustom--ScheduleOfFairValueOfIdentifiableAssetsAcquiredAndLiabilitiesAssumedResultOfAcquisitionTableTextBlock_pn6n6_zkNLRsnUMpqb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 2)"> <tr style="vertical-align: bottom; background-color: white"> <td style="font-family: Times New Roman,serif">Schedule of fair value of identifiable assets acquired and liabilities assumed result of acquisition</td> <td style="font-family: Times New Roman,serif"> </td> <td id="xdx_491_20240813__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--AliancaEnergiaMember_zmVvgc6aRRa3" style="font-family: Times New Roman,serif; text-align: center; line-height: 8pt"> </td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 79%; font-family: Times New Roman,serif"> </td> <td style="width: 5%; font-family: Times New Roman,serif"> </td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right; line-height: 8pt">Aliança Energia</td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="font-family: Times New Roman,serif"> </td> <td style="font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="font-family: Times New Roman,serif; text-align: right">August 13, 2024</td></tr> <tr id="xdx_40F_ecustom--IdentifiableAssetsAcquiredAbstract_iB_zu7hcoYnpZtd" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Identifiable assets acquired</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_405_eifrs-full--CashAndCashEquivalents_iI_zZHGiDwVHHDj" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">95</td></tr> <tr id="xdx_40C_ecustom--IntangibleAssets_iI_zGJsZxAAR1tc" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Intangibles</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">828</td></tr> <tr id="xdx_400_eifrs-full--PropertyPlantAndEquipment_iI_zB7CEmGTyOre" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Property, plant, and equipment</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">13</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">573</td></tr> <tr id="xdx_409_ecustom--OtherIdentifiableAssets_iI_z6bgBMOBjec5" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">40</td></tr> <tr id="xdx_407_ecustom--IdentifiableAssetsAcquired_iI_z8DkfUvn2Zd5" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif">Total Identifiable assets acquired </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,536</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_402_ecustom--LiabilitiesAssumedAbstract_iB_zOxu0YSDy4R9" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liabilities assumed</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_408_ecustom--LoansAndBorrowings_iI_zQ07ht6sJY0a" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loans and borrowings</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">21(c)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">245</td></tr> <tr id="xdx_409_ecustom--DeferredTaxesOnProfit_iI_zdMZdAUuLdo1" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Deferred income taxes</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5(b)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">312</td></tr> <tr id="xdx_409_ecustom--OtherLiabilitiesAssumed_iI_zupTooQVgcZh" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">140</td></tr> <tr id="xdx_40D_ecustom--LiabilitiesAssumed_iI_z9PuV8QSAsOg" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif">Total Liabilities assumed </td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">697</td></tr> <tr id="xdx_408_ecustom--NetAssetsAcquired_iI_zRLVYFnl98Rb" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Net assets acquired</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">839</td></tr> </table> As disclosed below, the deferred tax liability recognized on the difference between the fair value and the book value of the net assets acquired resulted in goodwill, which is not deductible for tax purposes. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_491_20240813__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--AliancaEnergiaMember_zPpCtaXa7ut6" style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 79%; font-family: Times New Roman,serif"> </td> <td style="width: 5%; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 16%; font-family: Times New Roman,serif; text-align: right">August 13, 2024</td></tr> <tr id="xdx_401_ecustom--ConsiderationTransferredForAcquisitionOf45EquityInterestHeldByCemigGt_iI_zGv6hW2GNog6" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Consideration transferred for acquisition of the 45% equity interest held by Cemig GT</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">493</td></tr> <tr id="xdx_407_ecustom--FairValueOf55StakePreviouslyHeldByVale_iI_zGP6UueMmPq4" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of the 55% stake previously held by Vale</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">603</td></tr> <tr id="xdx_40C_ecustom--AssetsFairValue_iI_z2QHEk9lMShe" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total [A]</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,096</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40C_ecustom--FairValueOfNetAssetsAcquired_iI_zwUMH5zYjhHd" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of net assets acquired</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,096</td></tr> <tr id="xdx_400_ecustom--DeferredTaxLiabilityOnDifferenceBetweenFairValueAndBookValueOfNetAssets_iI_zzoF4LrAUmB2" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">(-) Deferred tax liability on the difference between the fair value and the book value of net assets</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(257)</td></tr> <tr id="xdx_40F_ecustom--NetAssets_iI_zRZzQ6xJvbo" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Total net assets [B]</td> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">839</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E79 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_401_eifrs-full--Goodwill_iI_zFhloeovPjGh" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Goodwill [A-B]</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">257</td></tr> </table>

95000000

828000000

573000000

40000000 1536000000 245000000 312000000 140000000 697000000 839000000 493000000 603000000 1096000000 1096000000 -257000000 839000000

257000000

117000000 871000000 1006000000 135000000 89000000 <table cellpadding="0" cellspacing="0" id="xdx_895_ecustom--ScheduleOfEffectOfTransactionsTableTextBlock_zmxLfmsPDAZb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 3)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of divestment effects of transactions are summarized</td> <td id="xdx_497_20250930__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--AliancaEnergiaMember_zErvpbiHyZQj" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 77%; font-family: Times New Roman,serif"> </td> <td style="width: 23%; font-family: Times New Roman,serif; text-align: right">September, 2025</td></tr> <tr id="xdx_40F_ecustom--CashConsiderationReceived_iI_zMf03iuIx0xg"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash received</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,006</td></tr> <tr id="xdx_406_ecustom--FairValueOfInterestRetained_iI_z90OoM7BIK3c"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of 30% interest retained</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">238</td></tr> <tr id="xdx_40A_ecustom--DerecognitionOfNetAssetsOfPtvi_iI_z43yynsnoHp8"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 9.6pt">(-) Derecognition of Aliança’s net assets</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right">(1,333)</td></tr> <tr id="xdx_407_ecustom--GainOnTransactionRecordedInIncomeStatements_iI_zvE5qVDPij4l"> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Loss on the transaction</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(89)</td></tr> </table> 1006000000 238000000 -1333000000 -89000000 750000000 30000000 626000000 1222000000 555000000 555000000 112000000 <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--ScheduleOfEffectsOfTransactionsTableTextBlock_zTkTAP1n9Twg" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 4)"> <tr style="background-color: white"> <td style="padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of effect of transaction</td> <td id="xdx_49A_20240926__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--ValeOmanDistributionCenterMember_zBMthYnYdko9" style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 82%; font-family: Times New Roman,serif"> </td> <td style="width: 18%; font-family: Times New Roman,serif; text-align: right">September 26, 2024</td></tr> <tr id="xdx_40E_ecustom--SaleOf50PercentEquityInterestAbstract_iB_zLo43L4vzvQ9" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Sale of the 50% equity interest</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_403_ecustom--CashConsiderationReceived_iI_pn6n6_zUIIH89Szp36" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash received</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">600</td></tr> <tr id="xdx_405_ecustom--DerecognitionOfVodcsNetAssets_iI_pn6n6_zCqiv0ufUQD8" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derecognition of VODC’s net assets</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(45)</td></tr> <tr id="xdx_401_ecustom--GainOnSaleOfEquityInterest_iI_pn6n6_zh21TfaecdVa" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on sale of equity interest</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">555</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_406_ecustom--RemeasurementOf50InterestRetainedAbstract_iB_zLRCnnXCwGS4" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Remeasurement of the 50% interest retained</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40D_ecustom--FairValueOf50PercentInterestRetained_iI_pn6n6_zUYFKqiv9RPc" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of 50% interest retained</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">600</td></tr> <tr id="xdx_40E_ecustom--DerecognitionOfVodcsNetAsset_iI_pn6n6_zsazd0j7vLzl" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derecognition of VODC’s net assets</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(45)</td></tr> <tr id="xdx_40D_ecustom--GainOnRemeasurementOfEquityInterest_iI_pn6n6_zFHLHm02otCf" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on remeasurement of equity interest</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">555</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_400_ecustom--OtherEffectsOfDeconsolidationAbstract_iB_zw0quEhRSryc" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Other effects of the deconsolidation</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40F_ecustom--GainOnReclassificationOfCumulativeTranslationAdjustment_iI_pn6n6_zM4TU4mSlT1j" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on the reclassification of cumulative translation adjustments</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">112</td></tr> <tr id="xdx_40D_ecustom--GainOnTransactionRecordedInIncomeStatements_iI_pn6n6_zSYo5L6xVcR5" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Gain on the transaction recorded in the income statement</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,222</td></tr> </table> 600000000 -45000000 555000000 600000000 -45000000 555000000 112000000 1222000000 1059000000 1063000000 657000000 661000000 <table cellpadding="0" cellspacing="0" id="xdx_89E_ecustom--ScheduleOfDivestmentOnPTValeIndonesiaTbkTransactionsTableTextBlock_zlAMDkMNrFR9" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Acquisitions and divestitures - (Details 5)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif">Schedule of effect of transaction</td> <td id="xdx_498_20240628__ifrs-full--SignificantInvestmentsInAssociatesAxis__custom--PTValeIndonesiaTbkMember_zpnDimScSNyl" style="border-bottom: #D9D9D9 1pt solid; text-align: center; font-family: Times New Roman,serif"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 77%; font-family: Times New Roman,serif"> </td> <td style="width: 23%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">June 28, 2024</td></tr> <tr id="xdx_40D_ecustom--CashConsiderationReceived_iI_zZY61z6MXJ0k" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Cash consideration received</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">155</td></tr> <tr id="xdx_403_ecustom--FairValueOfInterestRetained_iI_zrus9a2loAb3" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of 33.9% interest retained (i)</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,910</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_408_ecustom--EffectsOfDeconsolidationAbstract_iB_zuAAw7C7xvQ2" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Effects of the deconsolidation:</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td></tr> <tr id="xdx_40A_ecustom--DerecognitionOfNetAssetsOfPtvi_iI_zy2oKlq8DPPk" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Derecognition of net assets of PTVI</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(3,697)</td></tr> <tr id="xdx_403_ecustom--GainOnDerecognitionOfNoncontrollingShareholders_iI_zPKQU3Aefes2" style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on derecognition of noncontrolling shareholders</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,628</td></tr> <tr id="xdx_407_ecustom--GainOnReclassificationOfCumulativeTranslationAdjustment_iI_zyS3H3cQTlL7" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on the reclassification of cumulative translation adjustments</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,063</td></tr> <tr id="xdx_403_ecustom--GainOnTransactionRecordedInIncomeStatements_iI_zeYTLDoXq19b" style="background-color: white"> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Gain on the transaction recorded in the income statement</td> <td style="border-bottom: #007E79 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1,059</td></tr> </table> (i) The fair value of the 33.9% retained interest was estimated based on a third-party valuation report. The valuation considered the discounted cash flow method. The key assumptions considered were (i) discount rate of 7.75% with incremental risk premium of around 1.00% on certain assets, (ii) asset life through to 2065, and (iii) range of expected nickel prices from US$/t 17,501 to US$/t 21,000. 155000000 1910000000 -3697000000 1628000000 1063000000 1059000000 895000000 1514000000 72000000 87000000 130000000 3000000

111000000

24000000 1082000000

1149000000

31000000

Business combinations - The acquisition method of accounting is used to account for all business combinations, irrespective of whether equity instruments or other assets are acquired. The consideration transferred for acquiring a subsidiary comprises (i) the fair values of the assets transferred; (ii) assumed liabilities of the acquired business; (iii) equity interests issued to the Company; (iv) the fair value of any asset or liability resulting from a contingent consideration arrangement; and (v) the fair value of any pre-existing equity interest in the subsidiary. Identifiable assets acquired, and liabilities and contingent liabilities assumed in a business combination are, with limited exceptions, initially measured at their fair values on the acquisition date. The Company recognizes any noncontrolling interest in the acquired entity on an acquisition-by-acquisition basis, either at fair value or at the noncontrolling interest’s proportionate share of the acquired entity’s net identifiable assets.

<p id="xdx_840_eifrs-full--DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleAndDiscontinuedOperationsExplanatory_zeMbXFdSfXdj" style="font: 10pt/120% Vale Sans,sans-serif; margin: 10pt 0; text-align: justify">Discontinued operations - The designation as a discontinued operation occurs either upon disposal or when the operation meets the criteria for classification as held for sale if this condition is met earlier. A discontinued operation refers to a component of a Company's business that encompasses cash flows and operations distinguishable from the remainder of the Company, representing a significant separate line of business or geographical area of operations. The results of discontinued operations are presented in a single amount in the income statement, including the post-tax results of these operations, net of any impairment loss. Cash flows related to operating, investing, and financing activities of discontinued operations are disclosed in a separate note. Upon classifying an operation as discontinued, the income statements for prior periods are restated as if the operation had been discontinued since the beginning of the comparative period. Any noncontrolling interest associated with a group disposal held for sale is presented in equity and is not reclassified in the statement of financial position.

32. Employee benefits <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfEmployeeRelatedLiabilitiesExplanatory_pn6n6_zWrLuv8KVS5j" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of employee related benefits</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Current liabilities</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Non-current liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="width: 38%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payroll, related charges and other remunerations</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">32(a)</td> <td id="xdx_98A_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--PayrollRelatedChargesAndOtherRemunerationsMember_zTNlZN8EH28l" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,014</td> <td id="xdx_981_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--PayrollRelatedChargesAndOtherRemunerationsMember_zVK2GUMTI5E4" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">934</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Charges related to share-based payments</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">32(b)</td> <td id="xdx_985_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ShareBasedPaymentMember_zCPtwirbaha6" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">51</td> <td id="xdx_988_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ShareBasedPaymentMember_zW1tg8vhbhlb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">16</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Employee post retirement obligation</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">32(c)</td> <td id="xdx_98C_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_zCYmTsaTlDid" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">68</td> <td id="xdx_984_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_z35M5hjyIPE3" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">62</td> <td id="xdx_98D_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_zT7CpCyLPNU9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,214</td> <td id="xdx_983_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_zF9dDxg39kzi" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,118</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98C_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231_zdm5zb0b2TZ2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,133</td> <td id="xdx_98C_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231_zpVbZvxx4eR3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,012</td> <td id="xdx_980_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231_zMrVTFGoe7dj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,214</td> <td id="xdx_983_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231_zs1t0YwhXYwd" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,118</td></tr> </table> a) Profit sharing program (“PLR”) The Company recorded as cost of goods sold and services rendered and other operating expenses related to the profit sharing program US$628, US$611 and US$557 for the years ended on December 31, 2025, 2024 and 2023, respectively. Compensation Associated with ESG Performance Targets Currently, the Company aligns the compensation programs with the business strategy and the objective of making Vale a safer company. Since 2020, the Company has been following new standards for executive compensation. For short-term compensation, at least 30% of performance targets are driven by ESG metrics and directly related to safety, risk management and sustainability targets. b) Share-based payments For the long-term incentive programs, the Company compensation plans include Matching Program and Performance Share Unit program (“PSU”), with three-year-vesting cycles, respectively, with the aim of encouraging employee’s retention and encouraging their performance. The fair value of the programs is recognized on a straight-line basis in the income statement, with a corresponding entry in equity, over the three-year required service period, net of estimated losses. Matching Program For the Matching program, the participants can acquire Vale’s common shares in the market. If the shares acquired are held for a period of three years, obeying the program rules, the participant is entitled to receive from Vale an award in shares, equivalent to the number of shares originally acquired. The fair value of the Matching program was estimated using the Company's share price and ADR and the number of shares granted on the grant date. <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfFairValueOfTheMatchingProgramExplanatory_pn6n6_zySzMBmxWsYd" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 1)"> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of fair value of the matching program</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 58%; font-family: Times New Roman,serif"> </td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023 Program</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Granted shares</td> <td id="xdx_980_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zoRjCuyeo4wa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">2,453,783</td> <td id="xdx_986_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zl6TPLvCJnWi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">2,244,659</td> <td id="xdx_98A_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_znvGXx0Nc871" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,330,503</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Share price</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceMember_zAr82133ksI7" title="Measurement unit">10.13</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceMember_zanlRpwz1bx3" title="Measurement unit">12.02</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceMember_zIZSNbV7rfA1" title="Measurement unit">15.94</td></tr> </table> Performance Shares Units (“PSU”) Under the PSU, eligible executives can earn, after a three-year vesting cycle, an award in common shares conditioned to Vale's performance factor measured based on Total Shareholder Return ("TSR"), ROIC and Environmental, Social and Governance ("ESG") metrics. The fair value of the PSU program was measured by estimating the performance factor using Monte Carlo simulations for the Return to Shareholders Indicator and health and safety and sustainability indicators. The assumptions used for the Monte Carlo simulations are shown in the table below, as well as the result used to calculate the expected value of the total performance factor. <table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfEquityExplanatory_pn6n6_zuBcPcnpDHif" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 2)"> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of assumptions used for the monte carlo simulations</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 58%; font-family: Times New Roman,serif"> </td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023 Program</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Granted shares</td> <td id="xdx_984_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zruhZKeRX1Yd" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,973,979</td> <td id="xdx_98B_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_z0tuJLhZ6GJc" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,873,175</td> <td id="xdx_98A_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zCOGpIc9Itia" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,177,755</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Date shares were granted</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--DateOfGrantOfSharebasedPaymentArrangement_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--GrantedDateMeasurementInputMember_zTIwoVSGh8q1" title="Measurement unit">May 6, 2025</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_eifrs-full--DateOfGrantOfSharebasedPaymentArrangement_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--GrantedDateMeasurementInputMember" title="Measurement unit">April 29, 2024</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--DateOfGrantOfSharebasedPaymentArrangement_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--GrantedDateMeasurementInputMember" title="Measurement unit">January 2, 2023</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Share price</td> <td id="xdx_986_eifrs-full--ExercisePriceShareOptionsGranted2019_pip0_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceBrlMember_zBSkR41R6Y2c" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share price">9.31</td> <td id="xdx_982_eifrs-full--ExercisePriceShareOptionsGranted2019_pip0_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceBrlMember_z8eIoRoK055f" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share price">12.49</td> <td id="xdx_982_eifrs-full--ExercisePriceShareOptionsGranted2019_pip0_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceBrlMember_zfb465YyjkB1" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share price">16.60</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected volatility</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pip0_dp_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__ifrs-full--HistoricalVolatilityForSharesMeasurementInputMember_zmUThgsXyzj" title="Expected volatility">33.82%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pip0_dp_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__ifrs-full--HistoricalVolatilityForSharesMeasurementInputMember_zr3TlYb3Imtf" title="Expected volatility">35.60%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pip0_dp_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__ifrs-full--HistoricalVolatilityForSharesMeasurementInputMember_zAMoWmOeZIHe" title="Expected volatility">48.33%</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected term (in years)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--ExpectedTerm_dtY_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedTermMeasurementInputMember_ziF3gKNDRGZc" title="Expected term">3</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_ecustom--ExpectedTerm_dtY_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedTermMeasurementInputMember_zMzNCOBSWqIl" title="Expected term">3</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--ExpectedTerm_dtY_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedTermMeasurementInputMember_zBDcoA0RBlh8" title="Expected term">3</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected shareholder return indicator</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pip0_dp_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValuesOfShareholderReturnMeasurementInputMember_zhUyuNH2aJd6" title="Expected shareholder return indicator">87.67%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pip0_dp_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValuesOfShareholderReturnMeasurementInputMember_zHkOL7nboWXe" title="Expected shareholder return indicator">66.95%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pip0_dp_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValuesOfShareholderReturnMeasurementInputMember_zAJz9FnMACid" title="Expected shareholder return indicator">72.42%</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected performance factor</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--ExpectedDividendAsPercentageExpectedPerformanceFactor_pip0_dp_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValueOfPerformanceFactorMeasurementInputMember_zXmvddZ1HTf8" title="Expected performance factor">111.14%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--ExpectedDividendAsPercentageExpectedPerformanceFactor_pip0_dp_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValueOfPerformanceFactorMeasurementInputMember_zTUR6VENMmpl" title="Expected performance factor">112.13%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--ExpectedDividendAsPercentageExpectedPerformanceFactor_pip0_dp_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValueOfPerformanceFactorMeasurementInputMember_zostJ9mVAJQb" title="Expected performance factor">83.21%</td></tr> </table> c) Employee post-retirement obligation In Brazil, the management of the pension plans is the responsibility of Fundação Vale do Rio Doce de Seguridade Social (“Valia”) a nonprofit entity with administrative and financial autonomy. The Brazilian plans are as follows: Benefit plan Vale Mais (“Vale Mais”) and benefit plan Valiaprev (“Valiaprev”) - The Company's employees participating in Valia are associated, for the most part, with the Vale Mais plan, which has a defined benefit component (settled benefit from the former Defined Benefits Plan and specific benefit to cover death, disability retirement and sickness benefit) and defined contribution component (for programmable benefits). The Valiaprev plan is similar to the Vale Mais plan, with the exception of not having the benefit settled and the sickness benefit. Both Vale Mais and Valiaprev plans were overfunded as of December 31, 2025 and 2024. Defined benefit plan (“Plano BD”) - The Plano BD is closed to new entrants since 2000, when the Vale Mais plan was implemented. It is a plan that has defined benefit characteristics, covering almost exclusively retirees and their beneficiaries. It was overfunded as of December 31, 2025 and 2024 and the contributions made by the Company are not material. “Abono complementação” benefit plan - The Company sponsors a specific group of former employees entitled to receive additional benefits from Valia regular payments. The “Abono complementação” benefit was overfunded as of December 31, 2025 and 2024. Other benefits - The Company sponsors medical plans for employees that meet specific criteria and for employees who use the “abono complementação” benefit. Although those benefits are not specific retirement plans, actuarial calculations are used to calculate future obligations. As those benefits are related to health care plans they have nature of underfunded benefits, and are presented as underfunded plans as of December 31, 2025 and 2024. The foreign plans are managed in accordance with their region. They are divided between plans in Canada, USA and UK. Pension plans in Canada are composed of a defined benefit and defined contribution component. Currently the defined benefit plans do not allow new entrants. The majority of foreign defined benefit plans are underfunded as of December 31, 2025 and 2024 and just two overfunded plans as of December 31, 2025 and 2024. In December 2023, the Company entered into annuity contracts to transfer US$<span id="xdx_909_eifrs-full--PostemploymentBenefitExpenseDefinedContributionPlans_pn6n6_c20230101__20231231__ifrs-full--DefinedBenefitPlansAxis__custom--PensionPlanMember_zxQ1X2CGrzCj" title="Pension plan obligations">836 of pension plan obligations and its associated assets. This transaction triggered a settlement and remeasurement of the pension plan, and as a result, the Company recognized a non-cash loss of US$5 in the income statement as “Other expenses”, measured by the difference between the premium and the obligations transferred. Employers’ disclosure about pensions and other post-retirement benefits on the status of the defined benefit elements of all plans is provided as follows. i. Evolution of present value obligation <table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_zSvsAWqAsPS3" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 3)"> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of present value obligation</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 75%; font-family: Times New Roman,serif; line-height: 120%">Benefit obligation as of December 31, 2023</td> <td id="xdx_98C_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zUtp4IANzTHg" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 25%; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">6,785</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Service costs</td> <td id="xdx_986_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zuUJeel1xKR2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Service costs">38</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Past service costs</td> <td id="xdx_98A_eifrs-full--PastServiceCostNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zj8mXvYwL2Uk" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Past service cost">(1)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest costs</td> <td id="xdx_982_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zCMGGVQUY3l4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest costs">391</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_983_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_z7Bvmlx3mKJg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(612)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Effect of changes in the actuarial assumptions</td> <td id="xdx_987_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zclMLU1qI6f" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect of changes in the actuarial assumptions">(306)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Administrative cost and taxes</td> <td id="xdx_987_eifrs-full--AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zsbdITXDrPYc" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Administrative cost and taxes">5</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zcxGbUtuaKg" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,031)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Benefit obligation as of December 31, 2024</td> <td id="xdx_980_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zOGzUfEIXyy8" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">5,269</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Service costs</td> <td id="xdx_98F_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zCx3Ztylscl5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Service costs">36</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest costs</td> <td id="xdx_988_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zboFpLm82Ief" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest costs">442</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_984_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zKwJsYCAAL37" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(614)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect of changes in the actuarial assumptions</td> <td id="xdx_98B_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zElvwFusgGWj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect of changes in the actuarial assumptions">35</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Administrative cost and taxes</td> <td id="xdx_988_eifrs-full--AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zsLN9iLatCv3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Administrative cost and taxes">8</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zYPwPZj3aKBb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">462</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Benefit obligation as of December 31, 2025</td> <td id="xdx_98E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zD1ZQy94AKxh" style="border-bottom: #007E7A 1pt solid; vertical-align: top; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at end of the year">5,638</td></tr> </table> ii. Evolution of assets fair value <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--ScheduleOfEvolutionOfAssetsFairValueTableTextBlock_pn6n6_zBwoJVvpzc3d" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 4)"> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of evolution of assets fair value</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 75%; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets as of December 31, 2023</td> <td id="xdx_984_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zNfxCZT07vB4" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 25%; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">6,472</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td id="xdx_98B_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zKnLizOOfbp4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">387</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Employer contributions</td> <td id="xdx_98D_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zudROvP4iRjg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employer contributions">95</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_985_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zRnpnYaPRLJ5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(612)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets (excluding interest income)</td> <td id="xdx_98C_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zxE2JayamhZ1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets (excluding interest income)">(225)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zAYGLC2C1OQa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,058)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets as of December 31, 2024</td> <td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zbZ25xz0KJYc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">5,059</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td id="xdx_98A_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zBYciuox4NK4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">460</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Employer contributions</td> <td id="xdx_98B_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zURvQl2xewr3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employer contributions">79</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_985_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z34O6aTw0Jtc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(614)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets (excluding interest income)</td> <td id="xdx_989_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z4aMhJQglxtj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets (excluding interest income)">(4)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z117tPeOCul7" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">491</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets as of December 31, 2025</td> <td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zzTJSw9wbs18" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at end of the year">5,471</td></tr> </table> iii. Reconciliation of assets and liabilities recognized in the statement of financial position <table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOfReconciliationsOfDefinedBenefitAssetsAndLiabilitiesRecognizedInStatementOfFinancialPositionTableTextBlock_pn6n6_zfH5FMUCX6z2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 5)"> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of reconciliation of assets and liabilities recognized in the statement of financial position</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 23%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 23%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Movements of assets ceiling</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance at beginning of the year</td> <td id="xdx_986_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iS_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zSK6XBnGerml" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">860</td> <td id="xdx_98A_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iS_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zNAdIEekLAQf" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">1,071</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td id="xdx_98B_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zSgmWgMTCcg" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">107</td> <td id="xdx_983_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zEVPeiLDjIM4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">69</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes on asset ceiling</td> <td id="xdx_98B_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zb4JiY8Shdgi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on asset ceiling">(64)</td> <td id="xdx_980_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zMBz8i3KHNKj" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on asset ceiling">(76)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zrbnSKsLIxBb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">94</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z76uXNKik8Hi" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(204)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance at end of the year</td> <td id="xdx_980_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iE_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zrmcfXpQz2ki" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at ending of the year">997</td> <td id="xdx_988_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iE_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z2hK5EVA2fi3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at ending of the year">860</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Amount recognized in the statement of financial position</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Present value of actuarial liabilities</td> <td id="xdx_986_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PresentValueOfActuarialLiabilitiesMember_zkiOUgqW0mB3" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(5,638)</td> <td id="xdx_988_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PresentValueOfActuarialLiabilitiesMember_z802vYl6wOo4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(5,269)</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of assets</td> <td id="xdx_98F_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--FairValueOfAssetsMember_z7liQx20SP44" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">5,471</td> <td id="xdx_98B_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--FairValueOfAssetsMember_zkeacvhDUFR9" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">5,059</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Effect of the asset ceiling</td> <td id="xdx_988_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zyJvv9ohIoKi" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(997)</td> <td id="xdx_984_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zP5NpqDfBeuf" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(860)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liabilities, net</td> <td id="xdx_986_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z0Edn57vAX09" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(1,164)</td> <td id="xdx_98C_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zPgRLGLx2AE3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(1,070)</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_989_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zG6Kura7eT7g" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">30</td> <td id="xdx_989_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zoKJexH8WH7j" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98A_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zixJQcWrNy1c" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets">88</td> <td id="xdx_985_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zYU2EVOuwPFc" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets">110</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Assets</td> <td id="xdx_98E_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zcOBol4fyi77" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">118</td> <td id="xdx_984_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zGNCtPRKowbi" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">110</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_981_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zFnNCPzOUwEc" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">(68)</td> <td id="xdx_986_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z8iznccEL9v5" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">(62)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_987_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zjrpJz82LPdc" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">(1,214)</td> <td id="xdx_981_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zUnxXArMsyi7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">(1,118)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td id="xdx_98D_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zz0AoOkqNU0j" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">(1,282)</td> <td id="xdx_980_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zqMVZXs7tegk" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">(1,180)</td></tr> </table> iv. Costs recognized in the income statement <table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfDefinedBenefitCostsRecognizedInIncomeStatementTableTextBlock_pn6n6_z1dLsx2Oixdk" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 6)"> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of costs recognized in the income statement</td> <td id="xdx_498_20250101__20251231_z68M1iP7Nc48" style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49A_20240101__20241231_zRhTioufIrM5" style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20230101__20231231_zJbSphqQTCqb" style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 61%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40E_ecustom--ServiceCostDefinedBenefitPlans_maCztdv_zLxFcRhoIQP5" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Service cost</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">36</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">38</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">39</td></tr> <tr id="xdx_404_ecustom--InterestOnExpenseOnLiabilitiesDefinedBenefitPlans_maCztdv_zfI2nKVXMQFa" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest expense</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">442</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">391</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">493</td></tr> <tr id="xdx_40E_ecustom--InterestIncomeOnPlanAssetsDefinedBenefitPlans_iN_di_msCztdv_zASgeXsQTtRb" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(460)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(387)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(514)</td></tr> <tr id="xdx_40D_ecustom--InterestExpenseOnAssetCeilingOrOnerousLiabilityDefinedBenefitPlans_maCztdv_z2DQwbTGfPRh" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest expense on effect of (asset ceiling) / onerous liability</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">107</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">69</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">104</td></tr> <tr id="xdx_407_ecustom--OtherExpensesNetOfDefinedBenefitPlans_iN_di_msCztdv_zq66dsM44egk" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td></tr> <tr id="xdx_40F_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_iT_mtCztdv_zjnTPkdkqXv9" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total of cost, net</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">125</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">116</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">133</td></tr> </table> v. Costs recognized in the statement of comprehensive income <table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfCostsRecognizedInStatementOfComprehensiveIncomeTableTextBlock_pn6n6_zdNo72pQzw51" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 7)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of costs recognized in the statement of comprehensive income</td> <td id="xdx_498_20250101__20251231_zRtiXz81inh8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49A_20240101__20241231_zwlKOP5RJYtg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20230101__20231231_zJOPHrAhCjc2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 61%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td></tr> <tr id="xdx_40C_ecustom--AccumulatedOtherComprehensiveIncomeDefinedBenefitPlans_iS_z3OIEapzSSDj" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance at beginning of the year</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(30)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(200)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(107)</td></tr> <tr id="xdx_40B_ecustom--OtherComprehensiveIncomeNetOfTaxEffectOfChangesActuarialAssumptionsOfDefinedBenefitPlans_iN_di_msCzUmp_zIuBrLZ4pwX3" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect of changes actuarial assumptions</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(35)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">306</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(642)</td></tr> <tr id="xdx_402_ecustom--OtherComprehensiveIncomeNetOfTaxReturnOnPlanAssetsExcludingInterestIncomeOfDefinedBenefitPlans_maCzUmp_zgZD8ThsNEI1" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets (excluding interest income)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(4)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(225)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">330</td></tr> <tr id="xdx_408_ecustom--OtherComprehensiveIncomeNetOfTaxChangeOfAssetCeilingAndLiabilitiesOfDefinedBenefitPlans_iN_di_msCzUmp_zhgND9NiYPb6" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Change of asset ceiling</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">64</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">76</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">220</td></tr> <tr id="xdx_404_ecustom--OtherComprehensiveIncomeNetOfTaxOtherAssetsAndLiabilitiesOfDefinedBenefitPlans_iN_di_msCzUmp_zR4IVA1McwYh" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(5)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(7)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(12)</td></tr> <tr id="xdx_40D_ecustom--TotalOtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_iT_mtCzUmp_maCzUWT_zIdVKwYePLn"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">150</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(104)</td></tr> <tr id="xdx_407_eifrs-full--IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_iN_di_msCzUWT_zaeGLmuwZO79" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Deferred income tax</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(48)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">36</td></tr> <tr id="xdx_40A_eifrs-full--OtherComprehensiveIncomeBeforeTax_iT_mtCzUWT_zRkSLBUf9De1" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other comprehensive income</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">102</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(68)</td></tr> <tr id="xdx_40B_ecustom--TranslationAdjustmentsDefinedBenefitPlans_zdLN5b9Cu0g2" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustments</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(16)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">68</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(25)</td></tr> <tr id="xdx_405_ecustom--AccumulatedOtherComprehensiveIncomeDefinedBenefitPlans_iE_zHYwx1wyOmxe" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Accumulated other comprehensive income</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(28)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(30)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(200)</td></tr> </table> vi. Risks related to plans The Administrators of the plans have committed to strategic planning to strengthen internal controls and risk management. This obligation is achieved by conducting audits and assessments of internal controls, which aim to mitigate operational market and credit risks. Risks are presented as follow: Legal - Lawsuits: issuance of periodic reports to the audit and Board of Directors, including the lawyers' analysis of the chances of success (remote, probable or possible), focusing on the administrative decision on provisions. Promote and monitor adaptations to new legal obligations and monitor compliance with established legal obligations. Due diligence of third parties from the perspective of the Integrity Program. Actuarial - The annual actuarial evaluation of the benefit plans comprises the assessment of taxes, income and adequacy of the costing plans. Technical study of compliance with the assumptions adopted in the actuarial evaluation of benefit plans prepared by an external actuary, in accordance with current legislation. Monitoring of biometric, demographic and economic-financial assumptions. Market – Technical allocation studies are carried out with the objective of evaluating investment portfolios of the different obligations of the plans and projecting the future result of these portfolios. Asset Liability Management studies are carried out for defined benefit type obligations (Asset Liability Management study), while for defined contribution type obligations there are efficient frontier studies (investment profiles) and glidepath (life cycles). Periodic monitoring of the plans' short-term market risk based on risk indicators (VaR - Value at Risk, Benchmark VaR, Maximum Drawdown, Stress Tests, among others). Credit - Risk classification of securities from corporate and bank issuers based on quantitative and qualitative assessments of the credit risk of the issuer, the asset and its guarantees, from acquisition to maturity. This internal rating sensitizes provisions for credit risk losses, as well as verified defaults, in accordance with current legislation. Provisions for loan losses with participants are realized based on default verified in payments. Liquidity - Technical study of the liquidity of plans with defined benefit obligations, focusing on the long term, whose objective is to verify the sufficiency of the assets in fulfilling the plan's obligations. Monitoring of short-term liquidity with a focus on cash available to meet plan obligations for the coming years. The defined contribution bond portfolios (investment profiles and life cycles) have assets available for sale at any time in normal market situations. vii. Actuarial and economic assumptions and sensitivity analysis All calculations involve future actuarial projections about some parameters, such as: salaries, interest, inflation, mortality and disability. The economic and actuarial assumptions adopted have been formulated considering the long-term period for maturity and should therefore be analyzed accordingly. In the short term they may not be realized. The following assumptions were adopted in the assessment: <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfSensitivityAnalysisForActuarialAssumptionExplanatory_pn6n6_zKdRamtGjPub" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 8)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of assumptions were adopted</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="background-color: white; font-family: Times New Roman,serif"> </td> <td colspan="2" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td colspan="2" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Foreign</td></tr> <tr style="background-color: #007E7A"> <td style="width: 44%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Discount rate to determine benefit obligation</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zOPoWmfIAh54" title="Actuarial assumption of discount rates">10.27% - <span id="xdx_904_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zOaLOfe6u1j4" title="Actuarial assumption of discount rates">11.70%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zmXOmpHKJE26" title="Actuarial assumption of discount rates">11.07% - <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zyCfHbO3ggpc" title="Actuarial assumption of discount rates">12.12%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zRIysijsp1mg" title="Actuarial assumption of discount rates">4.85% - <span id="xdx_901_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zwQCzbSR3cj9" title="Actuarial assumption of discount rates">4.90%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zcZzMBGMzvH5" title="Actuarial assumption of discount rates">4.66% - <span id="xdx_907_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zAfkkoHNKVRd" title="Actuarial assumption of discount rates">4.72%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate to determine expense / income</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zSClTA79l8sa" title="Actuarial assumption of nominal average rate of expense or income">10.38% - <span id="xdx_908_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zou35NyjSg64" title="Actuarial assumption of nominal average rate of expense or income">11.70%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zMZrs36hq0Kh" title="Actuarial assumption of nominal average rate of expense or income">11.07% - <span id="xdx_906_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zGd7TfZDZbwi" title="Actuarial assumption of nominal average rate of expense or income">12.12%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zcl5nsIOwjH9" title="Actuarial assumption of nominal average rate of expense or income">4.66% - <span id="xdx_905_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYv5Rig3U8gc" title="Actuarial assumption of nominal average rate of expense or income">4.72%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zCqYfVdB4ZAc" title="Actuarial assumption of nominal average rate of expense or income">4.61%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate of salary increase</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zrODTAYTcT19" title="Actuarial assumption of expected rates of salary increases">2.90% - <span id="xdx_90C_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zccoXl2FTL38" title="Actuarial assumption of expected rates of salary increases">5.57%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zdNItQUl4Zpk" title="Actuarial assumption of expected rates of salary increases">3.50% - <span id="xdx_90C_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z7VnV128SUtj" title="Actuarial assumption of expected rates of salary increases">5.57%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zvmz1ZvjwzW3" title="Actuarial assumption of expected rates of salary increases">3.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zttnyYVAW8oa" title="Actuarial assumption of expected rates of salary increases">3.10%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate of benefit increase</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3uXj4XLpq3c" title="Actuarial assumption of expected rates of pension increases">3.41% - <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zi5VZ7Vqxwd3" title="Actuarial assumption of expected rates of pension increases">4.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zQyhrmiE9BLg" title="Actuarial assumption of expected rates of pension increases">3.50% - <span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zhsII3ugYFSa" title="Actuarial assumption of expected rates of pension increases">4.25%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zJbpeCJMElXa" title="Actuarial assumption of expected rates of pension increases">3.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zfNi0mH4Buw2" title="Actuarial assumption of expected rates of pension increases">3.00%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Immediate health care cost trend rate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zLdrVWyzSVsj" title="Actuarial assumption of medical cost trend rates">5.99%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zeXWj5xdShQb" title="Actuarial assumption of medical cost trend rates">6.61%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zJY31ZKYIegb" title="Actuarial assumption of medical cost trend rates">4.50%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zrGkYCzozQZ6" title="Actuarial assumption of medical cost trend rates">4.50%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Ultimate health care cost trend rate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zycn8shUpTz1" title="Actuarial assumption of ultimate medical cost trend rates">5.99%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zyWvFHIYm3t5" title="Actuarial assumption of ultimate medical cost trend rates">6.61%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zNnQHuLI3ytd" title="Actuarial assumption of ultimate medical cost trend rates">4.50%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zpyqXjfNMaE1" title="Actuarial assumption of ultimate medical cost trend rates">4.39%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate of price inflation</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_znoLRsZVR1ni" title="Actuarial assumption of expected rates of inflation">2.90% - <span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zzPriJwbGtr7" title="Actuarial assumption of expected rates of inflation">4.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zKuqW07cJv29" title="Actuarial assumption of expected rates of inflation">3.50% - <span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zWZyTMHpl0qc" title="Actuarial assumption of expected rates of inflation">4.25%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_znoC8Q1dQeee" title="Actuarial assumption of expected rates of inflation">2.06%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zsXcrMfJz1K5" title="Actuarial assumption of expected rates of inflation">2.08%</td></tr> </table> For the sensitivity analysis, the Company applies the effect of 1.0% in nominal discount rate to the present value of the Company´s actuarial liability. The effects of this analysis on the Company´s actuarial liability and assumptions adopted are as follows: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 74%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Foreign</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif">December 31, </td> <td style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Nominal discount rate - 1% increase</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Actuarial liability adjusted for sensitivity test</td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_z4DgSIVhHPt9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption">2,765</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zPm1J38DHqn4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption">2,474</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assumptions made</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_90D_ecustom--ActuarialAssumptionOfDiscountRateIncreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zu3LdtNYJoW2" title="Actuarial Assumption Of Discount Rate, Increase In Assumption">11.98%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_900_ecustom--ActuarialAssumptionOfDiscountRateIncreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zuslgNTBfXIc" title="Actuarial Assumption Of Discount Rate, Increase In Assumption">5.87%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Nominal discount rate - 1% reduction</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Actuarial liability adjusted for sensitivity test</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_z1DMnMNAPi5j" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption">3,064</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z82dmckuTds8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption">3,108</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assumptions made</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_906_ecustom--ActuarialAssumptionOfDiscountRateDecreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zAcwcItH8OMh" title="Actuarial Assumption Of Discount Rate, Decrease In Assumption">9.81%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_90E_ecustom--ActuarialAssumptionOfDiscountRateDecreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_ztRsMIMZySmk" title="Actuarial Assumption Of Discount Rate, Decrease In Assumption">3.87%</td></tr> </table> viii. Assets of pension plans Brazilian plan assets as of December 31, 2025 and 2024 includes respectively (i) investments in a portfolio of Vale’s share and other instruments in the amount of US$<span id="xdx_908_eifrs-full--PlanAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PortfolioOfValeStockMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zJYyZ2K9cNvb" title="Plan assets, at fair value">0 and US$<span id="xdx_90B_eifrs-full--PlanAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--PortfolioOfValeStockMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zik4Xvy7be8h" title="Plan assets, at fair value">23, which are presented as “plans' own portfolio” and (ii) Brazilian Federal Government securities in the amount of US$<span id="xdx_900_eifrs-full--PlanAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BrazilianFederalGovernmentSecuritiesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zXTl19NWh2e9" title="Plan assets, at fair value">4,965 and US$<span id="xdx_90F_eifrs-full--PlanAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--BrazilianFederalGovernmentSecuritiesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zxeczuqmAVD3" title="Plan assets, at fair value">3,945, which are presented as “Debt securities - governments”. Foreign plan assets as of December 31, 2025 and 2024 includes Canadian Government securities in the amount of US$<span id="xdx_907_eifrs-full--PlanAssetsAtFairValue_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CanadianGovernmentSecuritiesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zcHismjkFAo4" title="Plan assets, at fair value">866 and US$<span id="xdx_903_eifrs-full--PlanAssetsAtFairValue_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--CanadianGovernmentSecuritiesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zm6H3QeUFHu2" title="Plan assets, at fair value">507, respectively. ix. Assets by category Assets by category are as follows: <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfAssetsByPensionPlansTableTextBlock_pn6n6_zZ7xZjX9jZi1" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 9)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of assets by category</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif">December 31,</td> <td colspan="4" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td colspan="4" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; width: 36%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 1</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 1</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents</td> <td id="xdx_980_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_z66AZYSvDBub" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">–</td> <td id="xdx_98E_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zk9XSUzk2p9b" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">65</td> <td id="xdx_981_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zVzK9AOPl4fh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">–</td> <td id="xdx_980_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zVDAylfb33be" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">65</td> <td id="xdx_984_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zxCcWmhsZH9e" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents, amount contributed to fair value of plan assets">–</td> <td id="xdx_984_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zjQs04AX9Cck" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents, amount contributed to fair value of plan assets">36</td> <td id="xdx_981_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zOIKEObn3whk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents, amount contributed to fair value of plan assets">–</td> <td id="xdx_987_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zizQH9YPzXfc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">36</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Equity securities</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--EquityInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zh5YJNMQQTFj" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity securities">158</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--EquityInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zQ7TlRVt3Dck" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity securities">158</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Debt securities - Corporate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zQwGdJ5v0jz" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">33</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember_zONAigtG6XVf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">33</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zgMWqPjPWOef" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">310</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember_zTu1ZFF9B5W5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">310</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Debt securities - Government</td> <td id="xdx_989_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zUJY82AciyA4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">2,680</td> <td id="xdx_980_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zvdbFjizXU2l" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">395</td> <td id="xdx_985_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zs3iveaDU1h8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">471</td> <td id="xdx_98B_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember_z9EbyymTJXNc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">3,546</td> <td id="xdx_989_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zvVPsqXZzdve" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">2,541</td> <td id="xdx_98C_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zz7MUgz8rfKl" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">495</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember_zB7u9wLDGAie" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">3,036</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Investments funds - Fixed Income</td> <td id="xdx_988_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_z8bmYqteKOoi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments funds">1,554</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember_zjwcIVT9rMs5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">1,554</td> <td id="xdx_98A_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zP8tcIP6bjRe" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">1,166</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember_zZD8R9xdWGI5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">1,166</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Investments funds - Equity</td> <td id="xdx_989_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_z7JS761DCsKh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments funds">260</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember_zIJGpx9KOVwf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">260</td> <td id="xdx_984_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zMSiLDMI2XJk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">376</td> <td id="xdx_98F_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zX3Bg35IIG7b" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">1</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember_zEJcfuPIZ28a" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments funds">377</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">International investments</td> <td id="xdx_98E_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zKp9qsVTAjNf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments">73</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zwhkIFaIFFFa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">72</td> <td id="xdx_989_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zAK5Emg60Ih9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">145</td> <td id="xdx_985_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zQo9QH246Joh" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">55</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zLTQiKHjCaV2" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">117</td> <td id="xdx_985_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zCW7KefnT4j5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments">172</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Structured investments - Private Equity funds</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z6CVFYG5XGMe" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">186</td> <td id="xdx_986_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember_z3iLmp8lWXAj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">186</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zP0IBiQ2WeTb" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">46</td> <td id="xdx_98F_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zJZwXunAVk8c" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">43</td> <td id="xdx_985_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember_zEoSIk085Cg9" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured investments - Private Equity funds">89</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Structured investments - Real estate funds</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zA9JRlQ4TsC1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured investments - Private Equity funds">154</td> <td id="xdx_985_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zmZsi0fcOC14" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">78</td> <td id="xdx_98B_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsRealEstateFundsMember_zS8t0NX5Wl5d" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">232</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Real estate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zohSZXfbLmTc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate">184</td> <td id="xdx_98E_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zIZrG7xQGizd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate, amount contributed to fair value of plan assets">184</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxtlgHXyhemc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate, amount contributed to fair value of plan assets">255</td> <td id="xdx_98B_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_z4ycLzdFCVkh" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate">255</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Loans to participants</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_ztv6BRXvCsLk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants">181</td> <td id="xdx_98A_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_z01kFdGrE6z5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants, amount contributed to fair value of plan assets">181</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zQVvSVLkWIrc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants, amount contributed to fair value of plan assets">143</td> <td id="xdx_98E_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zwc64Nv0NgA7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants">143</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zwDrZH1hB6O3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other">1,052</td> <td id="xdx_989_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zTp8Nhv6kadd" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, amount contributed to fair value of plan assets">1,052</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zehij4kpzmvd" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, amount contributed to fair value of plan assets">1,040</td> <td id="xdx_985_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zIm1i3roNych" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other">1,040</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zmJTWPmBiJgk" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4,567</td> <td id="xdx_980_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zY4OF8SJV4ql" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">647</td> <td id="xdx_982_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zP83Qe254Yrk" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">2,224</td> <td id="xdx_982_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231_znoqeqXBAqHc" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">7,438</td> <td id="xdx_98A_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zHnfbOVIWaB" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4,296</td> <td id="xdx_98A_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zWenCYdiWz55" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">888</td> <td id="xdx_989_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_ziglGKIWIzJ1" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,598</td> <td id="xdx_98B_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231_zCQNGd3cSbG2" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">6,782</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Funds not related to risk plans (i)</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98C_ecustom--AmountOfFundsNotRelatedToRiskEmployeeBenefitPlans_iI_c20251231_zjnxXZJYTIO8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Funds not related to risk plans">(1,967)</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_ecustom--AmountOfFundsNotRelatedToRiskEmployeeBenefitPlans_iI_c20241231_zFp7te5oTmPb" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Funds not related to risk plans">(1,723)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets at end of year</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98E_eifrs-full--PlanAssetsAtFairValue_iI_c20251231_zrVw3wG3tUYa" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of plan assets at end of year">5,471</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_eifrs-full--PlanAssetsAtFairValue_iI_c20241231_zPjE6aPF3Hqk" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of plan assets at end of year">5,059</td></tr> </table> (i) Financial investments not related to coverage of plans. Funds are related to the Company´s unconsolidated entities and former employees. Measurement of plan assets at fair value with no observable market variables (level 3) are as follows: <table cellpadding="0" cellspacing="0" id="xdx_896_eifrs-full--DisclosureOfFairValueMeasurementOfAssetsExplanatory_pn6n6_z8siqD5PjiB4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 10)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of measurement of overfunded plan assets at fair value with no observable market variables</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 30%; font-family: Times New Roman,serif"> </td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Private equity funds</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">International investments</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Structured investments - Real estate funds</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Real estate</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Loans to participants</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Debt securities - Government</td> <td style="width: 6%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Others</td> <td style="width: 5%; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td id="xdx_98D_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zHCqkzqbsTJ7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">255</td> <td id="xdx_98C_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxHMVuKfPWu" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_988_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zmGCqSPjyZLd" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_985_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z8UClYdPaCYb" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">321</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zF0OdbejN0Yh" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">163</td> <td id="xdx_98C_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zJWwBPEFgdsa" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_980_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zuzoJMxI0mnh" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">131</td> <td id="xdx_980_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zT7Ls4PC1vCe" style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">870</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer</td> <td id="xdx_98A_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zrOXLnswzX1" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">(183)</td> <td id="xdx_98B_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z4fod2xMhvW5" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">183</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets</td> <td id="xdx_987_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxxkY2TuO8Uf" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(12)</td> <td id="xdx_988_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zRY10wvovr2i" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(52)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zqYWVRRkn6m8" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">1</td> <td id="xdx_981_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zdBcyHWEKDca" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">23</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zYpQMxCnMVWc" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(4)</td> <td id="xdx_989_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zYJ7n0I15LQ8" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(44)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets purchases</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKbCceDfBy4b" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">3</td> <td id="xdx_985_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zCQKcJVuGVZ2" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">62</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zt6iYRgxGZ43" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">65</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets sold during the year</td> <td id="xdx_982_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zPtmr3cRqfL5" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(4)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z6u6jmlICz23" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(13)</td> <td id="xdx_985_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zdtbBXBWYABi" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(67)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7twBoEeRhne" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(84)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_98E_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKIm9lqrr8yb" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(13)</td> <td id="xdx_982_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znGjEN20nSng" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(14)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zaRVnYCx58ij" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(57)</td> <td id="xdx_982_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7aNq0wqzQJ3" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(38)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zy9pGaTV0oq1" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(11)</td> <td id="xdx_989_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zEYsgWXsYyEa" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(133)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer between fair value levels</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_ecustom--TransferBetweenOverfundedPensionAndUnderfundedPensionPlans_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zfruvaXI3zA7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between Overfunded pension and Underfunded pension plans">924</td> <td id="xdx_983_ecustom--TransferBetweenOverfundedPensionAndUnderfundedPensionPlans_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znZKBKhXfEO8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between Overfunded pension and Underfunded pension plans">924</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_98D_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zBcZmLgr5Hal" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">43</td> <td id="xdx_98B_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z0mMPrO8K9ma" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">117</td> <td id="xdx_98B_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zGNAT7Z0JgIa" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_988_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z052LQPR2cTg" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">255</td> <td id="xdx_989_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zlt6V0KFiya2" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">143</td> <td id="xdx_986_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zA3KnpDC6i71" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_98A_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zytS9r9Vlo2k" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">1,040</td> <td id="xdx_985_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zcvOF6C37Ab1" style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">1,598</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zHjEPDaT0wGl" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">(46)</td> <td id="xdx_987_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zMTXBQ1YnSH8" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">75</td> <td id="xdx_987_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zlPWeKEq0tng" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">(75)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxuPt9id547j" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">46</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets</td> <td id="xdx_980_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zgS6uA6nes3c" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">12</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKILUmCsnBg4" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">3</td> <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKQEgX8j0fd9" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">3</td> <td id="xdx_987_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z5ByKx3xm7cb" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">24</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zL5JQ6aKqXql" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">12</td> <td id="xdx_98D_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zYxRo7TyebJ4" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">54</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets purchases</td> <td id="xdx_987_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zRXYq2Qbqp8b" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">150</td> <td id="xdx_987_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_ziWXWIg3DSCg" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">1</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zSOqpcDVKtBc" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">38</td> <td id="xdx_985_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zGA9Fpo9cmae" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">239</td> <td id="xdx_988_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxHtszEIuCqe" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">425</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zk18z7G4OFL4" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">853</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets sold during the year</td> <td id="xdx_989_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zS4zHxnY26I7" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(25)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxm21dyxCuIj" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(59)</td> <td id="xdx_981_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKmFo8a1ZxBd" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(242)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zcNr8LFyHRZ3" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(326)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_985_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zaoM9uxfDrbc" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">6</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zEugG63mp4B7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">22</td> <td id="xdx_981_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zOek68A41nJ7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">17</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zD9Q5K2V0sm3" style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">45</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zLwpIIoIzjYf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">186</td> <td id="xdx_984_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z2uq8jTmHKZ" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">72</td> <td id="xdx_988_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zDBYUe5wkWhb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">78</td> <td id="xdx_98F_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zGUgJDjbrPDg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">184</td> <td id="xdx_985_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zV15qQoC5ctg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">181</td> <td id="xdx_989_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z44L4r6S9h35" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">471</td> <td id="xdx_98D_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zt6dT7EpylLh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">1,052</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zLM45CzQUIf7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">2,224</td></tr> </table> x. Disbursement of future cash flow Vale expects to disburse US$57 in 2026 in relation to pension plans and other benefits. xi. Expected benefit payments The expected benefit payments, which reflect future services, are as follows: <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfExpectedBenefitPaymentsTableTextBlock_pn6n6_zSzcdSyFkXEb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 11)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of expected benefit payments</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 66%; font-family: Times New Roman,serif"> </td> <td style="width: 34%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Consolidated</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2026</td> <td id="xdx_986_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlIn88ObziAf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">351</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2027</td> <td id="xdx_988_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zjwGNpwsddhk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">354</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2028</td> <td id="xdx_980_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zoDOat7jiqZ" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">356</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2029</td> <td id="xdx_98D_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_zJZ9PD0fwpvd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">366</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2030</td> <td id="xdx_98D_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember_z1iCJLwIR0Le" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">367</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2031 and thereafter</td> <td id="xdx_98E_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zWjNfpElim9a" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">1,771</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr> <td style="border-top: #007E7A 2.25pt solid; border-right: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify; line-height: 120%">Accounting policy Employee benefits</td></tr> <tr> <td style="border-right: #007E7A 2.25pt solid; border-bottom: #007E7A 2.25pt solid; border-left: #007E7A 2.25pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> i. Current benefits – wages, vacations and related taxes Payments of benefits such as wages or accrued vacation, as well the related social security taxes over those benefits are recognized monthly in income, on an accrual basis. ii. Current benefits – profit sharing program The Company has the Annual Incentive Program (AIP) based on Team and business unit’s contribution and Company-wide performance through operational cash generation. The Company makes an accrual based on evaluation periodic of goals achieved and Company result, using the accrual basis and recognition of present obligation arising from past events in the estimated outflow of resources in the future. The accrual is recorded as cost of goods sold and services rendered or operating expenses in accordance with the activity of each employee. iii. Non-current benefits – share-based payments The Company has established a procedure for awarding certain eligible executives (Matching and Performance Share Unit (“PSU”) Programs) with the goal of encouraging employee retention and optimum performance. Share-based long-term compensation programs are equity-settled, under which the Company receives employee services as consideration for equity instruments. The fair value of employee services received in exchange for the grant of options is recognized as an expense. The total amount of expenses is recognized during the period in which the right is acquired; period during which the specific vesting conditions are met. iv. Non-current benefits – pension costs and other post retirement benefits The Company has several retirement plans for its employees. For defined contribution plans, the Company's obligations are limited to a monthly contribution linked to a pre-defined percentage of the remuneration of employees enrolled into these plans. For defined benefit plans, actuarial calculations are periodically obtained for liabilities determined in accordance with the Projected Unit Credit Method in order to estimate the Company’s obligation. The liability recognized in the statement of financial position represents the present value of the defined benefit obligation as of that date, less the fair value of plan assets. The Company recognized in the income statement the costs of services, the interest expense of the obligations and the interest income of the plan assets. The remeasurement of gains and losses, return on plan assets (excluding the amount of interest on return of assets, which is recognized in income for the year) and changes in the effect of the ceiling of the active and onerous liabilities are recognized in comprehensive income for the year. For overfunded plans, the Company recognizes the net defined benefit assets limited to the present value of the economic benefits available as refunds or reductions in future contributions, considering minimum funding requirements applicable. For underfunded plans, the Company recognizes net defined benefit liabilities. The gain or loss on recognition/remeasurement of these net assets/liabilities are recognized in income statement or in comprehensive income, when arising from the actuarial valuation.</td></tr> </table> <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Post retirement benefits for employees - The amounts recognized depend on several factors that are determined based on actuarial calculations using various assumptions in order to determine costs and liabilities. One of these assumptions is selection and use of the discount rate. Any changes to these assumptions will affect the amount recognized. At the end of each year the Company and external actuaries review the assumptions that will be used for the following year. These assumptions are used in determining the fair values of assets and liabilities, costs and expenses and the future values of estimated cash outflows, which are recorded in the plan obligations.</td></tr> </table> <table cellpadding="0" cellspacing="0" id="xdx_897_ecustom--DisclosureOfEmployeeRelatedLiabilitiesExplanatory_pn6n6_zWrLuv8KVS5j" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of employee related benefits</td> <td style="background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: white"> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Current liabilities</td> <td colspan="2" style="padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Non-current liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="width: 38%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31, </td> <td style="width: 6%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">Notes</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Payroll, related charges and other remunerations</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">32(a)</td> <td id="xdx_98A_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--PayrollRelatedChargesAndOtherRemunerationsMember_zTNlZN8EH28l" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,014</td> <td id="xdx_981_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--PayrollRelatedChargesAndOtherRemunerationsMember_zVK2GUMTI5E4" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">934</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Charges related to share-based payments</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">32(b)</td> <td id="xdx_985_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--ShareBasedPaymentMember_zCPtwirbaha6" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">51</td> <td id="xdx_988_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--ShareBasedPaymentMember_zW1tg8vhbhlb" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">16</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Employee post retirement obligation</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">32(c)</td> <td id="xdx_98C_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_zCYmTsaTlDid" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">68</td> <td id="xdx_984_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_z35M5hjyIPE3" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">62</td> <td id="xdx_98D_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_zT7CpCyLPNU9" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,214</td> <td id="xdx_983_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231__ifrs-full--ClassesOfProvisionsAxis__custom--EmployeePostretirementObligationProvisionMember_zF9dDxg39kzi" style="border-bottom: #007E79 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,118</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif"> </td> <td id="xdx_98C_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231_zdm5zb0b2TZ2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,133</td> <td id="xdx_98C_eifrs-full--CurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231_zpVbZvxx4eR3" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">1,012</td> <td id="xdx_980_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20251231_zMrVTFGoe7dj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,214</td> <td id="xdx_983_eifrs-full--NoncurrentProvisionsForEmployeeBenefits_iI_pn6n6_c20241231_zs1t0YwhXYwd" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">1,118</td></tr> </table>

1014000000

934000000

51000000

16000000

68000000

62000000

1214000000

1118000000

1133000000

1012000000

1214000000

1118000000

628000000 611000000 557000000 <table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfFairValueOfTheMatchingProgramExplanatory_pn6n6_zySzMBmxWsYd" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 1)"> <tr> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of fair value of the matching program</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 58%; font-family: Times New Roman,serif"> </td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023 Program</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Granted shares</td> <td id="xdx_980_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zoRjCuyeo4wa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">2,453,783</td> <td id="xdx_986_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zl6TPLvCJnWi" style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">2,244,659</td> <td id="xdx_98A_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_znvGXx0Nc871" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,330,503</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Share price</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceMember_zAr82133ksI7" title="Measurement unit">10.13</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceMember_zanlRpwz1bx3" title="Measurement unit">12.02</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--CommonShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceMember_zIZSNbV7rfA1" title="Measurement unit">15.94</td></tr> </table>

2453783

2244659

1330503

10.13

12.02

15.94

<table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfSignificantUnobservableInputsUsedInFairValueMeasurementOfEquityExplanatory_pn6n6_zuBcPcnpDHif" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 2)"> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of assumptions used for the monte carlo simulations</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 58%; font-family: Times New Roman,serif"> </td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024 Program</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023 Program</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Granted shares</td> <td id="xdx_984_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zruhZKeRX1Yd" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,973,979</td> <td id="xdx_98B_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_z0tuJLhZ6GJc" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,873,175</td> <td id="xdx_98A_eifrs-full--SignificantUnobservableInputEntitysOwnEquityInstruments_iI_pip0_uPure_c20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedMeasurementInputMember_zCOGpIc9Itia" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Measurement unit">1,177,755</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Date shares were granted</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--DateOfGrantOfSharebasedPaymentArrangement_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--GrantedDateMeasurementInputMember_zTIwoVSGh8q1" title="Measurement unit">May 6, 2025</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_eifrs-full--DateOfGrantOfSharebasedPaymentArrangement_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--GrantedDateMeasurementInputMember" title="Measurement unit">April 29, 2024</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--DateOfGrantOfSharebasedPaymentArrangement_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--GrantedDateMeasurementInputMember" title="Measurement unit">January 2, 2023</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Share price</td> <td id="xdx_986_eifrs-full--ExercisePriceShareOptionsGranted2019_pip0_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceBrlMember_zBSkR41R6Y2c" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share price">9.31</td> <td id="xdx_982_eifrs-full--ExercisePriceShareOptionsGranted2019_pip0_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceBrlMember_z8eIoRoK055f" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share price">12.49</td> <td id="xdx_982_eifrs-full--ExercisePriceShareOptionsGranted2019_pip0_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--SharesGrantedSharePriceBrlMember_zfb465YyjkB1" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Share price">16.60</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected volatility</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pip0_dp_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__ifrs-full--HistoricalVolatilityForSharesMeasurementInputMember_zmUThgsXyzj" title="Expected volatility">33.82%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90D_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pip0_dp_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__ifrs-full--HistoricalVolatilityForSharesMeasurementInputMember_zr3TlYb3Imtf" title="Expected volatility">35.60%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--DescriptionOfExpectedVolatilityShareOptionsGranted_pip0_dp_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__ifrs-full--HistoricalVolatilityForSharesMeasurementInputMember_zAMoWmOeZIHe" title="Expected volatility">48.33%</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected term (in years)</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--ExpectedTerm_dtY_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedTermMeasurementInputMember_ziF3gKNDRGZc" title="Expected term">3</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_ecustom--ExpectedTerm_dtY_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedTermMeasurementInputMember_zMzNCOBSWqIl" title="Expected term">3</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_ecustom--ExpectedTerm_dtY_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedTermMeasurementInputMember_zBDcoA0RBlh8" title="Expected term">3</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected shareholder return indicator</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pip0_dp_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValuesOfShareholderReturnMeasurementInputMember_zhUyuNH2aJd6" title="Expected shareholder return indicator">87.67%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pip0_dp_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValuesOfShareholderReturnMeasurementInputMember_zHkOL7nboWXe" title="Expected shareholder return indicator">66.95%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ExpectedDividendAsPercentageShareOptionsGranted_pip0_dp_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValuesOfShareholderReturnMeasurementInputMember_zAJz9FnMACid" title="Expected shareholder return indicator">72.42%</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Expected performance factor</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--ExpectedDividendAsPercentageExpectedPerformanceFactor_pip0_dp_c20250101__20251231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValueOfPerformanceFactorMeasurementInputMember_zXmvddZ1HTf8" title="Expected performance factor">111.14%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--ExpectedDividendAsPercentageExpectedPerformanceFactor_pip0_dp_c20240101__20241231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValueOfPerformanceFactorMeasurementInputMember_zTUR6VENMmpl" title="Expected performance factor">112.13%</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--ExpectedDividendAsPercentageExpectedPerformanceFactor_pip0_dp_c20230101__20231231__ifrs-full--TypesOfSharebasedPaymentArrangementsAxis__custom--PerformanceShareUnitProgramMember__ifrs-full--UnobservableInputsAxis__custom--ExpectedValueOfPerformanceFactorMeasurementInputMember_zostJ9mVAJQb" title="Expected performance factor">83.21%</td></tr> </table>

1973979

1873175

1177755

May 6, 2025

April 29, 2024

January 2, 2023

9.31

12.49

16.60

0.3382

0.3560

0.4833

P3Y P3Y P3Y

0.8767

0.6695

0.7242

1.1114 1.1213 0.8321

836000000

5000000

<table cellpadding="0" cellspacing="0" id="xdx_891_eifrs-full--DisclosureOfNetDefinedBenefitLiabilityAssetExplanatory_zSvsAWqAsPS3" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 3)"> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of present value obligation</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 75%; font-family: Times New Roman,serif; line-height: 120%">Benefit obligation as of December 31, 2023</td> <td id="xdx_98C_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zUtp4IANzTHg" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 25%; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">6,785</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Service costs</td> <td id="xdx_986_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zuUJeel1xKR2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Service costs">38</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Past service costs</td> <td id="xdx_98A_eifrs-full--PastServiceCostNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zj8mXvYwL2Uk" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Past service cost">(1)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest costs</td> <td id="xdx_982_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zCMGGVQUY3l4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest costs">391</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_983_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_z7Bvmlx3mKJg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(612)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Effect of changes in the actuarial assumptions</td> <td id="xdx_987_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zclMLU1qI6f" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect of changes in the actuarial assumptions">(306)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Administrative cost and taxes</td> <td id="xdx_987_eifrs-full--AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zsbdITXDrPYc" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Administrative cost and taxes">5</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_988_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zcxGbUtuaKg" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,031)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Benefit obligation as of December 31, 2024</td> <td id="xdx_980_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zOGzUfEIXyy8" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">5,269</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Service costs</td> <td id="xdx_98F_eifrs-full--CurrentServiceCostNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zCx3Ztylscl5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Service costs">36</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest costs</td> <td id="xdx_988_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zboFpLm82Ief" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest costs">442</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_984_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zKwJsYCAAL37" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(614)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect of changes in the actuarial assumptions</td> <td id="xdx_98B_eifrs-full--ActuarialGainsLossesArisingFromChangesInFinancialAssumptionsNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zElvwFusgGWj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Effect of changes in the actuarial assumptions">35</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Administrative cost and taxes</td> <td id="xdx_988_eifrs-full--AdministrationCostsNotReflectedInReturnOnPlanAssetsDefinedBenefitPlans_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zsLN9iLatCv3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Administrative cost and taxes">8</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_982_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zYPwPZj3aKBb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">462</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; line-height: 120%">Benefit obligation as of December 31, 2025</td> <td id="xdx_98E_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PresentValueOfDefinedBenefitObligationMember_zD1ZQy94AKxh" style="border-bottom: #007E7A 1pt solid; vertical-align: top; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at end of the year">5,638</td></tr> </table>

6785000000

38000000

-1000000

391000000

-612000000

-306000000

5000000

-1031000000

5269000000

36000000

442000000

-614000000

35000000

8000000

462000000

5638000000

<table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--ScheduleOfEvolutionOfAssetsFairValueTableTextBlock_pn6n6_zBwoJVvpzc3d" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 4)"> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of evolution of assets fair value</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 75%; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets as of December 31, 2023</td> <td id="xdx_984_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zNfxCZT07vB4" style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; width: 25%; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">6,472</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td id="xdx_98B_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zKnLizOOfbp4" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">387</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Employer contributions</td> <td id="xdx_98D_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zudROvP4iRjg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employer contributions">95</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_985_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zRnpnYaPRLJ5" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(612)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets (excluding interest income)</td> <td id="xdx_98C_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zxE2JayamhZ1" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets (excluding interest income)">(225)</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zAYGLC2C1OQa" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(1,058)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets as of December 31, 2024</td> <td id="xdx_98D_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iS_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zbZ25xz0KJYc" style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">5,059</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td id="xdx_98A_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zBYciuox4NK4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">460</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Employer contributions</td> <td id="xdx_98B_eifrs-full--ContributionsToPlanByEmployerNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zURvQl2xewr3" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Employer contributions">79</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Benefits paid</td> <td id="xdx_985_eifrs-full--PaymentsFromPlanNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z34O6aTw0Jtc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefits paid">(614)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets (excluding interest income)</td> <td id="xdx_989_eifrs-full--ReturnOnPlanAssetsNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z4aMhJQglxtj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets (excluding interest income)">(4)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #007E7A 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_98C_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_z117tPeOCul7" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">491</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets as of December 31, 2025</td> <td id="xdx_98A_eifrs-full--LiabilityAssetOfDefinedBenefitPlans_iE_pn6n6_c20250101__20251231__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--PlanAssetsMember_zzTJSw9wbs18" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at end of the year">5,471</td></tr> </table>

6472000000

387000000

95000000

-612000000

-225000000

-1058000000

5059000000

460000000

79000000

-614000000

-4000000

491000000

5471000000

<table cellpadding="0" cellspacing="0" id="xdx_893_ecustom--DisclosureOfReconciliationsOfDefinedBenefitAssetsAndLiabilitiesRecognizedInStatementOfFinancialPositionTableTextBlock_pn6n6_zfH5FMUCX6z2" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 5)"> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Schedule of reconciliation of assets and liabilities recognized in the statement of financial position</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="width: 54%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 23%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 23%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Movements of assets ceiling</td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #007E7A 1pt solid; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance at beginning of the year</td> <td id="xdx_986_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iS_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zSK6XBnGerml" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">860</td> <td id="xdx_98A_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iS_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zNAdIEekLAQf" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at beginning of the year">1,071</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td id="xdx_98B_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zSgmWgMTCcg" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">107</td> <td id="xdx_983_eifrs-full--InterestExpenseIncomeNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zEVPeiLDjIM4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Interest income">69</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Changes on asset ceiling</td> <td id="xdx_98B_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zb4JiY8Shdgi" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on asset ceiling">(64)</td> <td id="xdx_980_eifrs-full--GainLossOnChangesInEffectOfLimitingNetDefinedBenefitAssetToAssetCeiling_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zMBz8i3KHNKj" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Changes on asset ceiling">(76)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zrbnSKsLIxBb" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">94</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseThroughChangesInForeignExchangeRatesNetDefinedBenefitLiabilityAsset_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z76uXNKik8Hi" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(204)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Balance at end of the year</td> <td id="xdx_980_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iE_pn6n6_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zrmcfXpQz2ki" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at ending of the year">997</td> <td id="xdx_988_ecustom--LiabilityAssetOfDefinedBenefitsPlans_iE_pn6n6_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z2hK5EVA2fi3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Benefit obligation (Plan assets) as at ending of the year">860</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Amount recognized in the statement of financial position</td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Present value of actuarial liabilities</td> <td id="xdx_986_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PresentValueOfActuarialLiabilitiesMember_zkiOUgqW0mB3" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(5,638)</td> <td id="xdx_988_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--PresentValueOfActuarialLiabilitiesMember_z802vYl6wOo4" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(5,269)</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Fair value of assets</td> <td id="xdx_98F_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--FairValueOfAssetsMember_z7liQx20SP44" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">5,471</td> <td id="xdx_98B_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__custom--FairValueOfAssetsMember_zkeacvhDUFR9" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">5,059</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Effect of the asset ceiling</td> <td id="xdx_988_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zyJvv9ohIoKi" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(997)</td> <td id="xdx_984_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--NetDefinedBenefitLiabilityAssetAxis__ifrs-full--EffectOfAssetCeilingMember_zP5NpqDfBeuf" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(860)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liabilities, net</td> <td id="xdx_986_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z0Edn57vAX09" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(1,164)</td> <td id="xdx_98C_ecustom--LiabilityAssetOfDefinedBenefitPlan_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zPgRLGLx2AE3" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Net defined benefit liability (asset)">(1,070)</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current assets</td> <td id="xdx_989_eifrs-full--CurrentAssets_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zG6Kura7eT7g" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">30</td> <td id="xdx_989_eifrs-full--CurrentAssets_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zoKJexH8WH7j" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current assets">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current assets</td> <td id="xdx_98A_eifrs-full--NoncurrentAssets_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zixJQcWrNy1c" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets">88</td> <td id="xdx_985_eifrs-full--NoncurrentAssets_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zYU2EVOuwPFc" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current assets">110</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Assets</td> <td id="xdx_98E_eifrs-full--Assets_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zcOBol4fyi77" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">118</td> <td id="xdx_984_eifrs-full--Assets_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zGNCtPRKowbi" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets">110</td></tr> <tr> <td style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Current liabilities</td> <td id="xdx_981_eifrs-full--CurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zFnNCPzOUwEc" style="border-bottom: rgb(182,182,182) 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">(68)</td> <td id="xdx_986_eifrs-full--CurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z8iznccEL9v5" style="border-bottom: rgb(182,182,182) 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Current liabilities">(62)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Non-current liabilities</td> <td id="xdx_987_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zjrpJz82LPdc" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">(1,214)</td> <td id="xdx_981_eifrs-full--NoncurrentLiabilities_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zUnxXArMsyi7" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Non-current liabilities">(1,118)</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; line-height: 120%">Liabilities</td> <td id="xdx_98D_eifrs-full--Liabilities_iI_pn6n6_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zz0AoOkqNU0j" style="border-bottom: #007E7A 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">(1,282)</td> <td id="xdx_980_eifrs-full--Liabilities_iI_pn6n6_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zqMVZXs7tegk" style="border-bottom: #007E7A 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Liabilities">(1,180)</td></tr> </table> 860000000 1071000000

107000000

69000000

-64000000

-76000000

94000000

-204000000

997000000 860000000 -5638000000 -5269000000 5471000000 5059000000 -997000000 -860000000 -1164000000 -1070000000

30000000

88000000

110000000

118000000

110000000

-68000000

-62000000

-1214000000

-1118000000

-1282000000

-1180000000

<table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--DisclosureOfDefinedBenefitCostsRecognizedInIncomeStatementTableTextBlock_pn6n6_z1dLsx2Oixdk" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 6)"> <tr style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of costs recognized in the income statement</td> <td id="xdx_498_20250101__20251231_z68M1iP7Nc48" style="border-bottom: #BFBFBF 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49A_20240101__20241231_zRhTioufIrM5" style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20230101__20231231_zJbSphqQTCqb" style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: bottom; width: 61%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="border-top: #007E7A 1pt solid; border-bottom: #007E7A 1pt solid; vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr id="xdx_40E_ecustom--ServiceCostDefinedBenefitPlans_maCztdv_zLxFcRhoIQP5" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Service cost</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">36</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">38</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">39</td></tr> <tr id="xdx_404_ecustom--InterestOnExpenseOnLiabilitiesDefinedBenefitPlans_maCztdv_zfI2nKVXMQFa" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest expense</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">442</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">391</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">493</td></tr> <tr id="xdx_40E_ecustom--InterestIncomeOnPlanAssetsDefinedBenefitPlans_iN_di_msCztdv_zASgeXsQTtRb" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest income</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(460)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(387)</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(514)</td></tr> <tr id="xdx_40D_ecustom--InterestExpenseOnAssetCeilingOrOnerousLiabilityDefinedBenefitPlans_maCztdv_z2DQwbTGfPRh" style="vertical-align: top"> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Interest expense on effect of (asset ceiling) / onerous liability</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">107</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">69</td> <td style="border-bottom: #BFBFBF 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">104</td></tr> <tr id="xdx_407_ecustom--OtherExpensesNetOfDefinedBenefitPlans_iN_di_msCztdv_zq66dsM44egk" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5</td> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td></tr> <tr id="xdx_40F_eifrs-full--PostemploymentBenefitExpenseDefinedBenefitPlans_iT_mtCztdv_zjnTPkdkqXv9" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total of cost, net</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">125</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">116</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">133</td></tr> </table> 36000000 38000000 39000000 442000000 391000000 493000000 460000000 387000000 514000000 107000000 69000000 104000000 -5000000 -11000000

125000000

116000000

133000000

<table cellpadding="0" cellspacing="0" id="xdx_89B_ecustom--DisclosureOfCostsRecognizedInStatementOfComprehensiveIncomeTableTextBlock_pn6n6_zdNo72pQzw51" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 7)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of costs recognized in the statement of comprehensive income</td> <td id="xdx_498_20250101__20251231_zRtiXz81inh8" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49A_20240101__20241231_zwlKOP5RJYtg" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_49F_20230101__20231231_zJOPHrAhCjc2" style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 61%; font-family: Times New Roman,serif">Year ended December 31,</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td></tr> <tr id="xdx_40C_ecustom--AccumulatedOtherComprehensiveIncomeDefinedBenefitPlans_iS_z3OIEapzSSDj" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance at beginning of the year</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(30)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(200)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(107)</td></tr> <tr id="xdx_40B_ecustom--OtherComprehensiveIncomeNetOfTaxEffectOfChangesActuarialAssumptionsOfDefinedBenefitPlans_iN_di_msCzUmp_zIuBrLZ4pwX3" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Effect of changes actuarial assumptions</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(35)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">306</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(642)</td></tr> <tr id="xdx_402_ecustom--OtherComprehensiveIncomeNetOfTaxReturnOnPlanAssetsExcludingInterestIncomeOfDefinedBenefitPlans_maCzUmp_zgZD8ThsNEI1" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets (excluding interest income)</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(4)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(225)</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">330</td></tr> <tr id="xdx_408_ecustom--OtherComprehensiveIncomeNetOfTaxChangeOfAssetCeilingAndLiabilitiesOfDefinedBenefitPlans_iN_di_msCzUmp_zhgND9NiYPb6" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Change of asset ceiling</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">64</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">76</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">220</td></tr> <tr id="xdx_404_ecustom--OtherComprehensiveIncomeNetOfTaxOtherAssetsAndLiabilitiesOfDefinedBenefitPlans_iN_di_msCzUmp_zR4IVA1McwYh" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Others</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(5)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(7)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(12)</td></tr> <tr id="xdx_40D_ecustom--TotalOtherComprehensiveIncomeBeforeTaxGainsLossesOnRemeasurementsOfDefinedBenefitPlans_iT_mtCzUmp_maCzUWT_zIdVKwYePLn"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">20</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">150</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(104)</td></tr> <tr id="xdx_407_eifrs-full--IncomeTaxRelatingToRemeasurementsOfDefinedBenefitPlansOfOtherComprehensiveIncome_iN_di_msCzUWT_zaeGLmuwZO79" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Deferred income tax</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(2)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(48)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">36</td></tr> <tr id="xdx_40A_eifrs-full--OtherComprehensiveIncomeBeforeTax_iT_mtCzUWT_zRkSLBUf9De1" style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other comprehensive income</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">18</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">102</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(68)</td></tr> <tr id="xdx_40B_ecustom--TranslationAdjustmentsDefinedBenefitPlans_zdLN5b9Cu0g2" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustments</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(16)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">68</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(25)</td></tr> <tr id="xdx_405_ecustom--AccumulatedOtherComprehensiveIncomeDefinedBenefitPlans_iE_zHYwx1wyOmxe" style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Accumulated other comprehensive income</td> <td style="border-bottom: teal 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(28)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(30)</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">(200)</td></tr> </table> -30000000 -200000000 -107000000 35000000 -306000000 642000000 -4000000 -225000000 330000000 -64000000 -76000000 -220000000 5000000 7000000 12000000 20000000 150000000 -104000000

2000000

48000000

-36000000

18000000

102000000

-68000000

-16000000 68000000 -25000000 -28000000 -30000000 -200000000 <table cellpadding="0" cellspacing="0" id="xdx_891_ecustom--DisclosureOfSensitivityAnalysisForActuarialAssumptionExplanatory_pn6n6_zKdRamtGjPub" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 8)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of assumptions were adopted</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="background-color: white; font-family: Times New Roman,serif"> </td> <td colspan="2" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td colspan="2" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Foreign</td></tr> <tr style="background-color: #007E7A"> <td style="width: 44%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif">December 31,</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 14%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Discount rate to determine benefit obligation</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zOPoWmfIAh54" title="Actuarial assumption of discount rates">10.27% - <span id="xdx_904_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zOaLOfe6u1j4" title="Actuarial assumption of discount rates">11.70%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zmXOmpHKJE26" title="Actuarial assumption of discount rates">11.07% - <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zyCfHbO3ggpc" title="Actuarial assumption of discount rates">12.12%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zRIysijsp1mg" title="Actuarial assumption of discount rates">4.85% - <span id="xdx_901_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zwQCzbSR3cj9" title="Actuarial assumption of discount rates">4.90%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_901_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zcZzMBGMzvH5" title="Actuarial assumption of discount rates">4.66% - <span id="xdx_907_eifrs-full--ActuarialAssumptionOfDiscountRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zAfkkoHNKVRd" title="Actuarial assumption of discount rates">4.72%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate to determine expense / income</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zSClTA79l8sa" title="Actuarial assumption of nominal average rate of expense or income">10.38% - <span id="xdx_908_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zou35NyjSg64" title="Actuarial assumption of nominal average rate of expense or income">11.70%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zMZrs36hq0Kh" title="Actuarial assumption of nominal average rate of expense or income">11.07% - <span id="xdx_906_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zGd7TfZDZbwi" title="Actuarial assumption of nominal average rate of expense or income">12.12%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90A_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zcl5nsIOwjH9" title="Actuarial assumption of nominal average rate of expense or income">4.66% - <span id="xdx_905_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20250101__20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zYv5Rig3U8gc" title="Actuarial assumption of nominal average rate of expense or income">4.72%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_ecustom--ActuarialAssumptionOfNominalAverageRateOfExpenseOrIncome_pip0_dp_c20240101__20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zCqYfVdB4ZAc" title="Actuarial assumption of nominal average rate of expense or income">4.61%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate of salary increase</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_900_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zrODTAYTcT19" title="Actuarial assumption of expected rates of salary increases">2.90% - <span id="xdx_90C_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zccoXl2FTL38" title="Actuarial assumption of expected rates of salary increases">5.57%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_907_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zdNItQUl4Zpk" title="Actuarial assumption of expected rates of salary increases">3.50% - <span id="xdx_90C_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_z7VnV128SUtj" title="Actuarial assumption of expected rates of salary increases">5.57%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_909_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zvmz1ZvjwzW3" title="Actuarial assumption of expected rates of salary increases">3.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfSalaryIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zttnyYVAW8oa" title="Actuarial assumption of expected rates of salary increases">3.10%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate of benefit increase</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_z3uXj4XLpq3c" title="Actuarial assumption of expected rates of pension increases">3.41% - <span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zi5VZ7Vqxwd3" title="Actuarial assumption of expected rates of pension increases">4.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zQyhrmiE9BLg" title="Actuarial assumption of expected rates of pension increases">3.50% - <span id="xdx_90B_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zhsII3ugYFSa" title="Actuarial assumption of expected rates of pension increases">4.25%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90C_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zJbpeCJMElXa" title="Actuarial assumption of expected rates of pension increases">3.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfPensionIncreases_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zfNi0mH4Buw2" title="Actuarial assumption of expected rates of pension increases">3.00%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Immediate health care cost trend rate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_908_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zLdrVWyzSVsj" title="Actuarial assumption of medical cost trend rates">5.99%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90B_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zeXWj5xdShQb" title="Actuarial assumption of medical cost trend rates">6.61%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zJY31ZKYIegb" title="Actuarial assumption of medical cost trend rates">4.50%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zrGkYCzozQZ6" title="Actuarial assumption of medical cost trend rates">4.50%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Ultimate health care cost trend rate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zycn8shUpTz1" title="Actuarial assumption of ultimate medical cost trend rates">5.99%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_903_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zyWvFHIYm3t5" title="Actuarial assumption of ultimate medical cost trend rates">6.61%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_905_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zNnQHuLI3ytd" title="Actuarial assumption of ultimate medical cost trend rates">4.50%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_904_ecustom--ActuarialAssumptionOfUltimateMedicalCostTrendRates_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zpyqXjfNMaE1" title="Actuarial assumption of ultimate medical cost trend rates">4.39%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Nominal average rate of price inflation</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90E_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_znoLRsZVR1ni" title="Actuarial assumption of expected rates of inflation">2.90% - <span id="xdx_90A_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zzPriJwbGtr7" title="Actuarial assumption of expected rates of inflation">4.00%</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_902_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--BottomOfRangeMember_zKuqW07cJv29" title="Actuarial assumption of expected rates of inflation">3.50% - <span id="xdx_908_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember__ifrs-full--RangeAxis__ifrs-full--TopOfRangeMember_zWZyTMHpl0qc" title="Actuarial assumption of expected rates of inflation">4.25%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_906_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20251231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_znoC8Q1dQeee" title="Actuarial assumption of expected rates of inflation">2.06%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"><span id="xdx_90F_eifrs-full--ActuarialAssumptionOfExpectedRatesOfInflation_iI_pip0_dp_c20241231__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zsXcrMfJz1K5" title="Actuarial assumption of expected rates of inflation">2.08%</td></tr> </table> For the sensitivity analysis, the Company applies the effect of 1.0% in nominal discount rate to the present value of the Company´s actuarial liability. The effects of this analysis on the Company´s actuarial liability and assumptions adopted are as follows: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: white"> <td style="vertical-align: bottom; width: 74%; font-family: Times New Roman,serif"> </td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Brazil</td> <td style="vertical-align: top; width: 13%; font-family: Times New Roman,serif; text-align: right; line-height: 120%">Foreign</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif">December 31, </td> <td style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Nominal discount rate - 1% increase</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Actuarial liability adjusted for sensitivity test</td> <td id="xdx_98B_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_z4DgSIVhHPt9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption">2,765</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleIncreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zPm1J38DHqn4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible increase in actuarial assumption">2,474</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assumptions made</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_90D_ecustom--ActuarialAssumptionOfDiscountRateIncreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zu3LdtNYJoW2" title="Actuarial Assumption Of Discount Rate, Increase In Assumption">11.98%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_900_ecustom--ActuarialAssumptionOfDiscountRateIncreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_zuslgNTBfXIc" title="Actuarial Assumption Of Discount Rate, Increase In Assumption">5.87%</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Nominal discount rate - 1% reduction</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Actuarial liability adjusted for sensitivity test</td> <td id="xdx_981_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_z1DMnMNAPi5j" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption">3,064</td> <td id="xdx_980_eifrs-full--IncreaseDecreaseInDefinedBenefitObligationDueToReasonablyPossibleDecreaseInActuarialAssumption_iI_pn6n6_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_z82dmckuTds8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Increase (decrease) in defined benefit obligation due to reasonably possible decrease in actuarial assumption">3,108</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assumptions made</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_906_ecustom--ActuarialAssumptionOfDiscountRateDecreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--CountryOfDomicileMember_zAcwcItH8OMh" title="Actuarial Assumption Of Discount Rate, Decrease In Assumption">9.81%</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"><span id="xdx_90E_ecustom--ActuarialAssumptionOfDiscountRateDecreaseInAssumption_iI_pip0_dp_c20251231__ifrs-full--ActuarialAssumptionsAxis__ifrs-full--ActuarialAssumptionOfDiscountRatesMember__ifrs-full--GeographicalAreasAxis__ifrs-full--ForeignCountriesMember_ztRsMIMZySmk" title="Actuarial Assumption Of Discount Rate, Decrease In Assumption">3.87%</td></tr> </table>

0.1027

0.1170

0.1107

0.1212

0.0485

0.0490

0.0466

0.0472

0.1038 0.1170 0.1107 0.1212 0.0466 0.0472 0.0461

0.0290

0.0557

0.0350

0.0557

0.0300

0.0310

0.0341

0.0400

0.0350

0.0425

0.0300

0.0599

0.0661

0.0450

0.0599 0.0661 0.0450 0.0439

0.0290

0.0400

0.0350

0.0425

0.0206

0.0208

2765000000

2474000000

0.1198 0.0587

3064000000

3108000000

0.0981 0.0387

23000000

4965000000

3945000000

866000000

507000000

<table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfAssetsByPensionPlansTableTextBlock_pn6n6_zZ7xZjX9jZi1" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 9)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of assets by category</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; font-family: Times New Roman,serif">December 31,</td> <td colspan="4" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td colspan="4" style="vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td></tr> <tr style="background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; width: 36%; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 1</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 1</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 2</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Level 3</td> <td style="border-bottom: #007E7A 1pt solid; vertical-align: top; width: 8%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Total</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Cash and cash equivalents</td> <td id="xdx_980_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_z66AZYSvDBub" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">–</td> <td id="xdx_98E_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zk9XSUzk2p9b" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">65</td> <td id="xdx_981_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zVzK9AOPl4fh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">–</td> <td id="xdx_980_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zVDAylfb33be" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">65</td> <td id="xdx_984_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zxCcWmhsZH9e" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents, amount contributed to fair value of plan assets">–</td> <td id="xdx_984_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zjQs04AX9Cck" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents, amount contributed to fair value of plan assets">36</td> <td id="xdx_981_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zOIKEObn3whk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents, amount contributed to fair value of plan assets">–</td> <td id="xdx_987_eifrs-full--CashAndCashEquivalentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zizQH9YPzXfc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Cash and cash equivalents">36</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Equity securities</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--EquityInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zh5YJNMQQTFj" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity securities">158</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--EquityInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zQ7TlRVt3Dck" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Equity securities">158</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Debt securities - Corporate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zQwGdJ5v0jz" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">33</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember_zONAigtG6XVf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">33</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zgMWqPjPWOef" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">310</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--CorporateLoansMember_zTu1ZFF9B5W5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">310</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Debt securities - Government</td> <td id="xdx_989_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zUJY82AciyA4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">2,680</td> <td id="xdx_980_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zvdbFjizXU2l" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">395</td> <td id="xdx_985_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zs3iveaDU1h8" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">471</td> <td id="xdx_98B_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember_z9EbyymTJXNc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">3,546</td> <td id="xdx_989_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zvVPsqXZzdve" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">2,541</td> <td id="xdx_98C_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zz7MUgz8rfKl" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt instruments, amount contributed to fair value of plan assets">495</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--GovernmentalBondsMember_zB7u9wLDGAie" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">3,036</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Investments funds - Fixed Income</td> <td id="xdx_988_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_z8bmYqteKOoi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments funds">1,554</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember_zjwcIVT9rMs5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">1,554</td> <td id="xdx_98A_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zP8tcIP6bjRe" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">1,166</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--DebtInstrumentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--FixedIncomeMember_zZD8R9xdWGI5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Debt securities">1,166</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Investments funds - Equity</td> <td id="xdx_989_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_z7JS761DCsKh" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments funds">260</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember_zIJGpx9KOVwf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">260</td> <td id="xdx_984_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zMSiLDMI2XJk" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">376</td> <td id="xdx_98F_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zX3Bg35IIG7b" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investment funds, amount contributed to fair value of plan assets">1</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--InvestmentFundsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__ifrs-full--EquityInvestmentsMember_zEJcfuPIZ28a" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Investments funds">377</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">International investments</td> <td id="xdx_98E_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zKp9qsVTAjNf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments">73</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zwhkIFaIFFFa" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">72</td> <td id="xdx_989_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zAK5Emg60Ih9" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">145</td> <td id="xdx_985_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zQo9QH246Joh" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">55</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zLTQiKHjCaV2" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments, amount contributed to fair value of plan assets">117</td> <td id="xdx_985_ecustom--InternationalInvestmentsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zCW7KefnT4j5" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="International investments">172</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Structured investments - Private Equity funds</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z6CVFYG5XGMe" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">186</td> <td id="xdx_986_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember_z3iLmp8lWXAj" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">186</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zP0IBiQ2WeTb" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">46</td> <td id="xdx_98F_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zJZwXunAVk8c" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">43</td> <td id="xdx_985_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsPrivateEquityFundsMember_zEoSIk085Cg9" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured investments - Private Equity funds">89</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Structured investments - Real estate funds</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zA9JRlQ4TsC1" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured investments - Private Equity funds">154</td> <td id="xdx_985_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zmZsi0fcOC14" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">78</td> <td id="xdx_98B_eifrs-full--StructuredDebtAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--ClassesOfFinancialInstrumentsAxis__custom--IfrsRealEstateFundsMember_zS8t0NX5Wl5d" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Structured debt, amount contributed to fair value of plan assets">232</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Real estate</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zohSZXfbLmTc" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate">184</td> <td id="xdx_98E_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zIZrG7xQGizd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate, amount contributed to fair value of plan assets">184</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_981_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxtlgHXyhemc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate, amount contributed to fair value of plan assets">255</td> <td id="xdx_98B_eifrs-full--PropertyAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_z4ycLzdFCVkh" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Real estate">255</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Loans to participants</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_ztv6BRXvCsLk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants">181</td> <td id="xdx_98A_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_z01kFdGrE6z5" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants, amount contributed to fair value of plan assets">181</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zQVvSVLkWIrc" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants, amount contributed to fair value of plan assets">143</td> <td id="xdx_98E_ecustom--LoansToParticipantsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zwc64Nv0NgA7" style="border-bottom: #D9D9D9 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Loans to participants">143</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Other</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zwDrZH1hB6O3" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other">1,052</td> <td id="xdx_989_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20251231_zTp8Nhv6kadd" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, amount contributed to fair value of plan assets">1,052</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zehij4kpzmvd" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other, amount contributed to fair value of plan assets">1,040</td> <td id="xdx_985_eifrs-full--OtherAssetsAmountContributedToFairValueOfPlanAssets_iI_pn6n6_c20241231_zIm1i3roNych" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Other">1,040</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Total</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zmJTWPmBiJgk" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4,567</td> <td id="xdx_980_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zY4OF8SJV4ql" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">647</td> <td id="xdx_982_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zP83Qe254Yrk" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">2,224</td> <td id="xdx_982_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20251231_znoqeqXBAqHc" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">7,438</td> <td id="xdx_98A_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level1OfFairValueHierarchyMember_zHnfbOVIWaB" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">4,296</td> <td id="xdx_98A_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level2OfFairValueHierarchyMember_zWenCYdiWz55" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">888</td> <td id="xdx_989_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_ziglGKIWIzJ1" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">1,598</td> <td id="xdx_98B_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedToRiskPlan_iI_pn6n6_c20241231_zCQNGd3cSbG2" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Total">6,782</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Funds not related to risk plans (i)</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98C_ecustom--AmountOfFundsNotRelatedToRiskEmployeeBenefitPlans_iI_c20251231_zjnxXZJYTIO8" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Funds not related to risk plans">(1,967)</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_988_ecustom--AmountOfFundsNotRelatedToRiskEmployeeBenefitPlans_iI_c20241231_zFp7te5oTmPb" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Funds not related to risk plans">(1,723)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Fair value of plan assets at end of year</td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_98E_eifrs-full--PlanAssetsAtFairValue_iI_c20251231_zrVw3wG3tUYa" style="border-bottom: teal 1pt solid; background-color: #F2F2F2; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of plan assets at end of year">5,471</td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td id="xdx_986_eifrs-full--PlanAssetsAtFairValue_iI_c20241231_zPjE6aPF3Hqk" style="border-bottom: teal 1pt solid; padding-right: 0.75pt; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Fair value of plan assets at end of year">5,059</td></tr> </table> (i) Financial investments not related to coverage of plans. Funds are related to the Company´s unconsolidated entities and former employees.

65000000

36000000

158000000

33000000

310000000

2680000000

395000000

471000000

3546000000

2541000000

495000000

3036000000

1554000000

1166000000

260000000

376000000

1000000

377000000

73000000 72000000 145000000 55000000 117000000 172000000

186000000

46000000

43000000

89000000

154000000

78000000

232000000

184000000

255000000

181000000 181000000 143000000 143000000

1052000000

1040000000

4567000000 647000000 2224000000 7438000000 4296000000 888000000 1598000000 6782000000 -1967000000 -1723000000

5471000000

5059000000

<table cellpadding="0" cellspacing="0" id="xdx_896_eifrs-full--DisclosureOfFairValueMeasurementOfAssetsExplanatory_pn6n6_z8siqD5PjiB4" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 10)"> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of measurement of overfunded plan assets at fair value with no observable market variables</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom; background-color: #007E7A"> <td style="width: 30%; font-family: Times New Roman,serif"> </td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Private equity funds</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">International investments</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Structured investments - Real estate funds</td> <td style="width: 9%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Real estate</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Loans to participants</td> <td style="width: 10%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Debt securities - Government</td> <td style="width: 6%; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Others</td> <td style="width: 5%; font-family: Times New Roman,serif; text-align: right">Total</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2023</td> <td id="xdx_98D_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zHCqkzqbsTJ7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">255</td> <td id="xdx_98C_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxHMVuKfPWu" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_988_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zmGCqSPjyZLd" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_985_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z8UClYdPaCYb" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">321</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zF0OdbejN0Yh" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">163</td> <td id="xdx_98C_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zJWwBPEFgdsa" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_980_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zuzoJMxI0mnh" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">131</td> <td id="xdx_980_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zT7Ls4PC1vCe" style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">870</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer</td> <td id="xdx_98A_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zrOXLnswzX1" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">(183)</td> <td id="xdx_98B_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z4fod2xMhvW5" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">183</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets</td> <td id="xdx_987_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxxkY2TuO8Uf" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(12)</td> <td id="xdx_988_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zRY10wvovr2i" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(52)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zqYWVRRkn6m8" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">1</td> <td id="xdx_981_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zdBcyHWEKDca" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">23</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zYpQMxCnMVWc" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(4)</td> <td id="xdx_989_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zYJ7n0I15LQ8" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">(44)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets purchases</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKbCceDfBy4b" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">3</td> <td id="xdx_985_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zCQKcJVuGVZ2" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">62</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zt6iYRgxGZ43" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">65</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets sold during the year</td> <td id="xdx_982_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zPtmr3cRqfL5" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(4)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_983_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z6u6jmlICz23" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(13)</td> <td id="xdx_985_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zdtbBXBWYABi" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(67)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7twBoEeRhne" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(84)</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_98E_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKIm9lqrr8yb" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(13)</td> <td id="xdx_982_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znGjEN20nSng" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(14)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zaRVnYCx58ij" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(57)</td> <td id="xdx_982_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z7aNq0wqzQJ3" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(38)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zy9pGaTV0oq1" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(11)</td> <td id="xdx_989_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zEYsgWXsYyEa" style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">(133)</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: teal 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer between fair value levels</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_985_ecustom--TransferBetweenOverfundedPensionAndUnderfundedPensionPlans_pn6n6_c20240101__20241231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zfruvaXI3zA7" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between Overfunded pension and Underfunded pension plans">924</td> <td id="xdx_983_ecustom--TransferBetweenOverfundedPensionAndUnderfundedPensionPlans_pn6n6_c20240101__20241231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_znZKBKhXfEO8" style="border-bottom: teal 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer between Overfunded pension and Underfunded pension plans">924</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2024</td> <td id="xdx_98D_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zBcZmLgr5Hal" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">43</td> <td id="xdx_98B_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z0mMPrO8K9ma" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">117</td> <td id="xdx_98B_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zGNAT7Z0JgIa" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_988_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z052LQPR2cTg" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">255</td> <td id="xdx_989_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zlt6V0KFiya2" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">143</td> <td id="xdx_986_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zA3KnpDC6i71" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">–</td> <td id="xdx_98A_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zytS9r9Vlo2k" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">1,040</td> <td id="xdx_985_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iS_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zcvOF6C37Ab1" style="border-bottom: #007E7A 1pt solid; vertical-align: bottom; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at beginning of the year">1,598</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Transfer</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zHjEPDaT0wGl" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">(46)</td> <td id="xdx_987_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zMTXBQ1YnSH8" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">75</td> <td id="xdx_987_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zlPWeKEq0tng" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">(75)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--TransfersInNetDefinedBenefitLiabilityAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxuPt9id547j" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Transfer">46</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Return on plan assets</td> <td id="xdx_980_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zgS6uA6nes3c" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">12</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKILUmCsnBg4" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">3</td> <td id="xdx_986_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKQEgX8j0fd9" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">3</td> <td id="xdx_987_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z5ByKx3xm7cb" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">24</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zL5JQ6aKqXql" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">12</td> <td id="xdx_98D_eifrs-full--GainsLossesRecognisedInProfitOrLossExcludingExchangeDifferencesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zYxRo7TyebJ4" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Return on plan assets">54</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets purchases</td> <td id="xdx_987_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zRXYq2Qbqp8b" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">150</td> <td id="xdx_987_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_ziWXWIg3DSCg" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">1</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zSOqpcDVKtBc" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">38</td> <td id="xdx_985_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zGA9Fpo9cmae" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">239</td> <td id="xdx_988_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxHtszEIuCqe" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">425</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_987_eifrs-full--PurchasesFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zk18z7G4OFL4" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets purchases">853</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Assets sold during the year</td> <td id="xdx_989_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zS4zHxnY26I7" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(25)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_984_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zxm21dyxCuIj" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(59)</td> <td id="xdx_981_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zKmFo8a1ZxBd" style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(242)</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--SalesFairValueMeasurementAssets_iN_pn6n6_di_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zcNr8LFyHRZ3" style="border-bottom: #DBDBDB 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets sold during the year">(326)</td></tr> <tr> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Translation adjustment</td> <td id="xdx_985_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zaoM9uxfDrbc" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">6</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zEugG63mp4B7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">22</td> <td id="xdx_981_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zOek68A41nJ7" style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">17</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--TranslationAdjustmentsFairValueMeasurementAssets_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zD9Q5K2V0sm3" style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Translation adjustment">45</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #007E7A 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Balance as of December 31, 2025</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--TradingEquitySecuritiesMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zLwpIIoIzjYf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">186</td> <td id="xdx_984_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--InternationalInvestmentsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z2uq8jTmHKZ" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">72</td> <td id="xdx_988_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--IfrsRealEstateFundsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zDBYUe5wkWhb" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">78</td> <td id="xdx_98F_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__ifrs-full--InvestmentPropertyMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zGUgJDjbrPDg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">184</td> <td id="xdx_985_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--LoanToParticipantsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zV15qQoC5ctg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">181</td> <td id="xdx_989_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--GovernmentalBondsMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_z44L4r6S9h35" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">471</td> <td id="xdx_98D_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--ClassesOfAssetsAxis__custom--OtherMember__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zt6dT7EpylLh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">1,052</td> <td id="xdx_983_ecustom--PlanAssetsAtFairValueIncludingFundsNotRelatedsToRiskPlans_iE_pn6n6_c20250101__20251231__ifrs-full--LevelsOfFairValueHierarchyAxis__ifrs-full--Level3OfFairValueHierarchyMember_zLM45CzQUIf7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Assets as at end of the year">2,224</td></tr> </table>

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6000000 22000000 17000000 45000000 186000000 72000000 78000000 184000000 181000000 471000000 1052000000 2224000000

57000000

<table cellpadding="0" cellspacing="0" id="xdx_899_ecustom--DisclosureOfExpectedBenefitPaymentsTableTextBlock_pn6n6_zSzcdSyFkXEb" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Employee benefits (Details 11)"> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">Schedule of expected benefit payments</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: bottom; width: 66%; font-family: Times New Roman,serif"> </td> <td style="width: 34%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right; line-height: 112%">Consolidated</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2026</td> <td id="xdx_986_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--NotLaterThanOneYearMember_zlIn88ObziAf" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">351</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2027</td> <td id="xdx_988_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanOneYearAndNotLaterThanTwoYearsMember_zjwGNpwsddhk" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">354</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2028</td> <td id="xdx_980_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanTwoYearsAndNotLaterThanThreeYearsMember_zoDOat7jiqZ" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">356</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2029</td> <td id="xdx_98D_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanThreeYearsAndNotLaterThanFourYearsMember_zJZ9PD0fwpvd" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">366</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2030</td> <td id="xdx_98D_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFourYearsAndNotLaterThanFiveYearsMember_z1iCJLwIR0Le" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">367</td></tr> <tr style="vertical-align: top"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; line-height: 120%">2031 and thereafter</td> <td id="xdx_98E_ecustom--EstimatedFutureBenefitPaymentsFromDefinedBenefitPensionPlans_iI_pn6n6_c20251231__ifrs-full--MaturityAxis__ifrs-full--LaterThanFiveYearsMember_zWjNfpElim9a" style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%" title="Expected benefit payments">1,771</td></tr> </table> 351000000 354000000 356000000 366000000 367000000 1771000000

i. Current benefits – wages, vacations and related taxes Payments of benefits such as wages or accrued vacation, as well the related social security taxes over those benefits are recognized monthly in income, on an accrual basis. ii. Current benefits – profit sharing program The Company has the Annual Incentive Program (AIP) based on Team and business unit’s contribution and Company-wide performance through operational cash generation. The Company makes an accrual based on evaluation periodic of goals achieved and Company result, using the accrual basis and recognition of present obligation arising from past events in the estimated outflow of resources in the future. The accrual is recorded as cost of goods sold and services rendered or operating expenses in accordance with the activity of each employee. iii. Non-current benefits – share-based payments The Company has established a procedure for awarding certain eligible executives (Matching and Performance Share Unit (“PSU”) Programs) with the goal of encouraging employee retention and optimum performance. Share-based long-term compensation programs are equity-settled, under which the Company receives employee services as consideration for equity instruments. The fair value of employee services received in exchange for the grant of options is recognized as an expense. The total amount of expenses is recognized during the period in which the right is acquired; period during which the specific vesting conditions are met. iv. Non-current benefits – pension costs and other post retirement benefits The Company has several retirement plans for its employees. For defined contribution plans, the Company's obligations are limited to a monthly contribution linked to a pre-defined percentage of the remuneration of employees enrolled into these plans. For defined benefit plans, actuarial calculations are periodically obtained for liabilities determined in accordance with the Projected Unit Credit Method in order to estimate the Company’s obligation. The liability recognized in the statement of financial position represents the present value of the defined benefit obligation as of that date, less the fair value of plan assets. The Company recognized in the income statement the costs of services, the interest expense of the obligations and the interest income of the plan assets. The remeasurement of gains and losses, return on plan assets (excluding the amount of interest on return of assets, which is recognized in income for the year) and changes in the effect of the ceiling of the active and onerous liabilities are recognized in comprehensive income for the year. For overfunded plans, the Company recognizes the net defined benefit assets limited to the present value of the economic benefits available as refunds or reductions in future contributions, considering minimum funding requirements applicable. For underfunded plans, the Company recognizes net defined benefit liabilities. The gain or loss on recognition/remeasurement of these net assets/liabilities are recognized in income statement or in comprehensive income, when arising from the actuarial valuation. <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="background-color: #007E7A"> <td style="border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; width: 100%; padding-right: 2.65pt; padding-left: 2.65pt; font-family: Times New Roman,serif; text-align: justify">Critical accounting estimates and judgments </td></tr> <tr style="background-color: #007E7A"> <td style="border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-right: 2.65pt; padding-left: 2.65pt"> Post retirement benefits for employees - The amounts recognized depend on several factors that are determined based on actuarial calculations using various assumptions in order to determine costs and liabilities. One of these assumptions is selection and use of the discount rate. Any changes to these assumptions will affect the amount recognized. At the end of each year the Company and external actuaries review the assumptions that will be used for the following year. These assumptions are used in determining the fair values of assets and liabilities, costs and expenses and the future values of estimated cash outflows, which are recorded in the plan obligations.</td></tr> </table>

33. Related parties The Company’s related parties are subsidiaries, joint ventures, associates, shareholders and its related entities and key management personnel of the Company. Related party transactions were made by the Company on terms equivalent to those that prevail in arm´s-length transactions, with respect to price and market conditions that are no less favorable to the Company than those arranged with third parties. Net operating revenue relates to sale of iron ore to the steelmakers and right to use capacity on railroads. Cost and operating expenses mostly relate to the variable lease payments of the pelletizing plants. Purchases, accounts receivable and other assets, and accounts payable and other liabilities relate largely to amounts charged by joint ventures and associates related to the pelletizing plants operational lease and railway transportation services. a) Transactions with related parties <table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_pn6n6_zr9UjoRYbGvl" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Related parties (Details)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Schedule of transactions with related parties</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt">Year ended December 31,</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2025</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2024</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2023</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 28%"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Net operating revenue</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Cost and operating expenses</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Financial result</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Net operating revenue</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Cost and operating expenses</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Financial result</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Net operating revenue</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Cost and operating expenses</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Financial result</td></tr> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and Joint Ventures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">Companhia Siderúrgica do Pecém</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CompanhiaSiderurgicaDoPecemMember_zTZKSdjY8Tu4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">93</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">Aliança Geração de Energia S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoDeEnergiaSAMember_zmg3DfOI2Pll" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(63)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoDeEnergiaSAMember_zStSZ0q51kXj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(126)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Pelletizing companies (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zmtdGcFoLZHj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(36)</td> <td id="xdx_989_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zQsSFAR4UfWl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(36)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zubou86w9OK3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(308)</td> <td id="xdx_985_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zIJHGOLEXa1i" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(26)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_z3jK0loD00zc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(227)</td> <td id="xdx_985_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_z20lwR2WWZY4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(38)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">MRS Logística S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--CostOfSoldRelatedPartyTransactions_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(459)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_zriilVdYZD19" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(429)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_zMD2PxIecdPi" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(453)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Norte Energia S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NorteEnergiaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(70)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NorteEnergiaS.a.Member_z3W1z0abIS5c" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(66)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NorteEnergiaS.a.Member_zQwVmwziRCcl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(107)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Vale Oman Distribution Center (ii)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zbyrP1pnKPI2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(277)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zAwpV7m7eBri" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(63)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">VLI</td> <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zwKhWKEqrSG9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">320</td> <td id="xdx_98E_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zISO68yi5LKe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(49)</td> <td id="xdx_98E_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_z3habH7t3lV2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(5)</td> <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zs7T3iAryTYe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">359</td> <td id="xdx_988_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zrIH0ZneYwVg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(26)</td> <td id="xdx_982_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zzuI8Q32TXcg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(2)</td> <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zvobZEtI7tJe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">321</td> <td id="xdx_98E_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_ziTy2LSrWKk9" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(29)</td> <td id="xdx_98F_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_z1yuT7ANQvt7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(3)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">PTVI</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_zfDxxJtQUAJe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(641)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_zYH1rB0BAmU2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(397)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Anglo American</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zn0ZeCZSEFOa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(235)</td> <td id="xdx_981_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zu6r9Dpvs5g9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">13</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">Aliança Geração de Energia S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoDeEnergiaSAMember_zu2Ul7xYHEz9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(63)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Other</td> <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zUQ7EzcdNRA7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">26</td> <td id="xdx_98F_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z23MqgifNJTc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zaGrxfCbf8L1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">29</td> <td id="xdx_985_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zqpOUXFWG2Jg" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zDC2X1qLG0Qb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">32</td> <td id="xdx_989_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z66oZF93cpq4" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td id="xdx_988_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zXeD3AcMf6Ub" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">1</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z6rk81eld0Pa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">346</td> <td id="xdx_982_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zlK27lhzRIV7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,831)</td> <td id="xdx_984_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z4zfvxZTGLf6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(28)</td> <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zWKcmAlJuEpf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">388</td> <td id="xdx_986_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zdjcJxrbfqZa" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,363)</td> <td id="xdx_98D_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zaKXKqlvsUi7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(28)</td> <td id="xdx_983_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zbJUzAYv3s62" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">446</td> <td id="xdx_983_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zSHUZtn91cAa" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(953)</td> <td id="xdx_98F_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zEtwt2yGkavg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(40)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Shareholders</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Bradesco</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zcuACmVSSAy" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">213</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_z5WAdFEENLY4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(416)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zpogotXLdwm2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">201</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Mitsui</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_z8KindmYw7Ek" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">147</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zQK4qReb5j42" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">247</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zzWqdSHqp0r6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">280</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Cosan</td> <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zsjzRmelbiO4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">8</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zMdpOBOI1rB1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(16)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_z6lha4BC9ssh" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">3</td> <td id="xdx_988_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zXKjoED5qCUl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(4)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zHylZywqMYib" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">10</td> <td id="xdx_987_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_z51sUH51NAm8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Banco do Brasil</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_zGLy1e5cQWa2" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">9</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_z2YGzFPF719g" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">1</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zy6KXilOoOP7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">155</td> <td id="xdx_985_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zYSBgfUpkdSh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(16)</td> <td id="xdx_985_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zpacvmVJaqQh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">222</td> <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zOpybQMwCe21" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">250</td> <td id="xdx_989_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zZUTbUds4yWh" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(4)</td> <td id="xdx_98B_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zBzm9J9HBjJg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(415)</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_z608htjifrT2" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">290</td> <td id="xdx_988_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zVz6ZC8cQVQ1" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td id="xdx_98C_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_z0gXDt8pq9v5" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">201</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Total</td> <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z6W43TBzFGAg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">501</td> <td id="xdx_980_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z8fqi9tTf7Vh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,847)</td> <td id="xdx_987_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zI8s6lRAnUfe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">194</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z9LFNPGfnaFk" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">638</td> <td id="xdx_98A_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zD65uZkakKlb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,367)</td> <td id="xdx_983_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zVvByfrTpDe8" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(443)</td> <td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zg7uZXZzZeTl" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">736</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z25FV6bmkfh2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(964)</td> <td id="xdx_983_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z1ID6g4pBcb4" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">161</td></tr> </table> (i) Aggregated entities: Companhia Coreano-Brasileira de Pelotização, Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização and Companhia Nipo-Brasileira de Pelotização. (ii) In 2023, Vale Oman Distribution Center was an indirect subsidiary of Vale S.A. b) Outstanding balances with related parties <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfOutstandingBalancesWithRelatedPartiesTableTextBlock_pn6n6_z6IbCBz1QlV4" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Related parties (Details 1)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Schedule of outstanding balances with related parties</td> <td style="padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom"> </td> <td colspan="6" style="background-color: white; padding-right: 2.65pt; text-align: right">Assets</td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt">December 31, </td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2025</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2024</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 34%"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Cash and cash equivalents</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Accounts receivable</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Dividends receivable and other assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Cash and cash equivalents</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Accounts receivable</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Dividends receivable and other assets</td></tr> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and Joint Ventures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Pelletizing companies (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--DividendReceivableRelatedPartyTransactions_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--DividendReceivableRelatedPartyTransactions_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">34</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">MRS Logística S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--DividendReceivableRelatedPartyTransactions_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">9</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_z7aENB0v8yS8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">13</td> <td id="xdx_98E_ecustom--DividendReceivableRelatedPartyTransactions_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">32</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">VLI</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zkAH0Uapx6Zk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">41</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zBZ1CN83SxQ" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">19</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">PTVI</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_z6hsUZScWOHg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">1</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Anglo American</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zNeASd0kaOO4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">254</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zZmoinwfXURl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">149</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zNFtYdnLuqDh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">6</td> <td id="xdx_989_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zKT3LJj2XMTf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">9</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z6B6I4pCtzFb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">5</td> <td id="xdx_981_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zDkMhPcC5j12" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">1</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z6mCLYFlgGy2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">48</td> <td id="xdx_980_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z9ZdBAbMjYZb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">279</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zHmDm0X8mHEk" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">37</td> <td id="xdx_98C_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zvCM3M2sMh8k" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">216</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Shareholders</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Cosan</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zQNuSPTu0j15" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">3</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Bradesco</td> <td id="xdx_98B_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zbAupfZjzqK2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">1,003</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zicAai2uNSG7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">82</td> <td id="xdx_982_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zgzwnkzoAmtk" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">261</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_z7LFBarSXxMi" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">16</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Banco do Brasil</td> <td id="xdx_986_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_z9iyh0eMnwAi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">186</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_z4YJoRMxgm37" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">9</td> <td id="xdx_98F_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_zD1TQhNnP3Qi" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">22</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Mitsui</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zrGaQnIRZ0Oj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">49</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zrM7QuTn7W6g" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">7</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_984_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zIXA3iCzgpxj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">1,189</td> <td id="xdx_98F_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zKL8BpXWU9v6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">49</td> <td id="xdx_98D_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zFPLL7D2n7qh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">91</td> <td id="xdx_987_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zP1mIcsJ102b" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">283</td> <td id="xdx_984_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_ze70E4jitlzb" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">10</td> <td id="xdx_98D_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zf9wKHnDMQpc" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">16</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Pension plan</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PensionPlanMember_zW98t8RIG14c" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">18</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PensionPlanMember_z5QWgcerIfn6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">16</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Total</td> <td id="xdx_989_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z03wOAyxdum4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">1,189</td> <td id="xdx_986_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zHGw3ATmr7f2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">115</td> <td id="xdx_98D_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zgAfW1uH8U94" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">370</td> <td id="xdx_987_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zH72ATZk15H" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">283</td> <td id="xdx_98A_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zvM12q9jvB42" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">63</td> <td id="xdx_986_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zCxIStqHST32" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">232</td></tr> </table> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="background-color: white"> <td style="vertical-align: bottom"> </td> <td colspan="4" style="padding-right: 2.65pt; text-align: right">Liabilities</td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt">December 31, </td> <td colspan="2" style="padding-right: 2.65pt; text-align: right">2025</td> <td colspan="2" style="padding-right: 2.65pt; text-align: right">2024</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 56%"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Supplier and contractors</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Financial instruments and other liabilities</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Supplier and contractors</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Financial instruments and other liabilities</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and Joint Ventures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Pelletizing companies (i)</td> <td id="xdx_981_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zqgtuvt0h84h" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">28</td> <td id="xdx_988_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zReBadmRfVjj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial instruments and other liabilities">235</td> <td id="xdx_982_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zb1Rmp3dQfUe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">49</td> <td id="xdx_98E_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zPi1e3RIxD23" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Liabilities Financial instruments and other liabilities">291</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">MRS Logística S.A.</td> <td id="xdx_985_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_zm6C1x6Gc0Rf" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">25</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_z71sUSDJXtl3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">32</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Vale Oman Distribution Center</td> <td id="xdx_985_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_ztKlQNmNRSNb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">49</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_988_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zUULm9PfNYuc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">44</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">VLI</td> <td id="xdx_988_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zSmtrByxMv8b" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">3</td> <td id="xdx_981_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zD0GRdWPfN5j" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial instruments and other liabilities">81</td> <td id="xdx_980_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zIpLHGv79Dch" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">2</td> <td id="xdx_982_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zTiD6RQXF2Z5" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Liabilities Financial instruments and other liabilities">47</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">PTVI</td> <td id="xdx_984_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_zR2TkWreuOXb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">58</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_zSXTOwHzK4Sd" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">67</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Anglo American</td> <td id="xdx_98D_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_ziRGT8uT13ll" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">28</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Other</td> <td id="xdx_989_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z0IZPvVTKAc8" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">43</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zY0JqBsQr0pj" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">24</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_98C_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z0rk3uYmXyI3" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">234</td> <td id="xdx_987_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zkYXihNpIaei" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial instruments and other liabilities">316</td> <td id="xdx_986_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zuVNGeaXlFfe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">218</td> <td id="xdx_989_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zxLFdil9HNbj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Liabilities Financial instruments and other liabilities">338</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Shareholders</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Cosan</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zaNpRkem2iY3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">1</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Bradesco</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zJjCbyQ1iZd1" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial instruments and other liabilities">24</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zbjGp3CSiQga" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Liabilities Financial instruments and other liabilities">163</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_z0SXIQcKz3X3" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial instruments and other liabilities">24</td> <td id="xdx_98E_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zmLNNFgqnYyk" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">1</td> <td id="xdx_98A_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zzTC1ADCmu3e" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Liabilities Financial instruments and other liabilities">163</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Pension plan</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PensionPlanMember_za3qu90xOLph" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">11</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Total</td> <td id="xdx_989_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_pn6n6_c20251231_ztiQWGIwIvgl" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">234</td> <td id="xdx_989_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20251231_zd1Yim3ESZ8f" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial instruments and other liabilities">340</td> <td id="xdx_98F_ecustom--AmountsPayableToSupplierAndContractorsRelatedPartyTransactions_iI_pn6n6_c20241231_z9aiWkETigj2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Supplier and contractors">230</td> <td id="xdx_983_ecustom--DerivativeFinancialInstrumentsLiabilitiesRelatedPartyTransactions_iI_pn6n6_c20241231_zQcByJkaGFVj" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Liabilities Financial instruments and other liabilities">501</td></tr> </table> (i) Aggregated entities: Companhia Coreano-Brasileira de Pelotização, Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização and Companhia Nipo-Brasileira de Pelotização. c) Key management personnel compensation <table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfInformationAboutKeyManagementPersonnelExplanatory_pn6n6_zJvIkmBGPi2l" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Related parties (Details 2)"> <tr> <td style="vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Schedule of remuneration of key management personnel compensation</td> <td id="xdx_496_20250101_20251231" style="vertical-align: top; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_494_20240101_20241231" style="vertical-align: top; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20230101_20231231" style="vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: top; width: 49%; background-color: #007E7A; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="vertical-align: top; width: 17%; background-color: #007E7A; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 17%; background-color: #007E7A; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="vertical-align: top; width: 17%; background-color: #007E7A; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td> </tr> <tr id="xdx_402_ecustom--KeyManagementPersonnelShortTermCompensationAbstract_iB_zrfGMqLlbS7a"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Short-term benefits:</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> </tr> <tr id="xdx_407_ecustom--KeyManagementPersonnelCompensationWagesOrProlabor_zp25li4FCAP3"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Wages</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td> </tr> <tr id="xdx_400_ecustom--KeyManagementPersonnelCompensationDirectAndIndirectBenefits_z9sCsvlaFUOi"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Direct and indirect benefits</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> </tr> <tr id="xdx_401_ecustom--KeyManagementPersonnelCompensationProfitSharingProgram_zn1gMxqEEgO1"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Profit sharing program (“PLR”)</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td> </tr> <tr id="xdx_408_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_i_pn6n6"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total short-term benefits</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> </tr> <tr id="xdx_409_ecustom--KeyManagementPersonnelLongTermCompensationAbstract_iB_zuBHkyqTmQmf"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Long-term benefits:</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> </tr> <tr id="xdx_401_eifrs-full--KeyManagementPersonnelCompensationSharebasedPayment_i_pn6n6"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Shares based</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> </tr> <tr id="xdx_404_ecustom--KeyManagementPersonnelCompensationSeverance_zCTd6msTNTbd"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Severance</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2</td> </tr> <tr id="xdx_40B_eifrs-full--KeyManagementPersonnelCompensation_i_pn6n6"> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total short and long-term benefits</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">32</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">35</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">39</td> </tr> </table> <img alt="" src="valedfifrs4q256k_019.jpg"/>

<table cellpadding="0" cellspacing="0" id="xdx_89E_eifrs-full--DisclosureOfTransactionsBetweenRelatedPartiesExplanatory_pn6n6_zr9UjoRYbGvl" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Related parties (Details)"> <tr> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Schedule of transactions with related parties</td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt">Year ended December 31,</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2025</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2024</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2023</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 28%"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Net operating revenue</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Cost and operating expenses</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Financial result</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Net operating revenue</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Cost and operating expenses</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Financial result</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Net operating revenue</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Cost and operating expenses</td> <td style="border-bottom: #007E7A 1pt solid; width: 8%; text-align: right">Financial result</td></tr> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and Joint Ventures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">Companhia Siderúrgica do Pecém</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CompanhiaSiderurgicaDoPecemMember_zTZKSdjY8Tu4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">93</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">Aliança Geração de Energia S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoDeEnergiaSAMember_zmg3DfOI2Pll" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(63)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoDeEnergiaSAMember_zStSZ0q51kXj" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(126)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Pelletizing companies (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zmtdGcFoLZHj" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(36)</td> <td id="xdx_989_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zQsSFAR4UfWl" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(36)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zubou86w9OK3" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(308)</td> <td id="xdx_985_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_zIJHGOLEXa1i" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(26)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_z3jK0loD00zc" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(227)</td> <td id="xdx_985_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_z20lwR2WWZY4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(38)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">MRS Logística S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--CostOfSoldRelatedPartyTransactions_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(459)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_986_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_zriilVdYZD19" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(429)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_zMD2PxIecdPi" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(453)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Norte Energia S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NorteEnergiaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(70)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NorteEnergiaS.a.Member_z3W1z0abIS5c" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(66)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--NorteEnergiaS.a.Member_zQwVmwziRCcl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(107)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Vale Oman Distribution Center (ii)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_984_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zbyrP1pnKPI2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(277)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98E_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--ValeOmanDistributionCenterMember_zAwpV7m7eBri" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(63)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">VLI</td> <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zwKhWKEqrSG9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">320</td> <td id="xdx_98E_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zISO68yi5LKe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(49)</td> <td id="xdx_98E_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_z3habH7t3lV2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(5)</td> <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zs7T3iAryTYe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">359</td> <td id="xdx_988_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zrIH0ZneYwVg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(26)</td> <td id="xdx_982_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zzuI8Q32TXcg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(2)</td> <td id="xdx_98E_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zvobZEtI7tJe" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">321</td> <td id="xdx_98E_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_ziTy2LSrWKk9" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(29)</td> <td id="xdx_98F_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_z1yuT7ANQvt7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(3)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">PTVI</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_zfDxxJtQUAJe" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(641)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_zYH1rB0BAmU2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(397)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Anglo American</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zn0ZeCZSEFOa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(235)</td> <td id="xdx_981_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zu6r9Dpvs5g9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">13</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">Aliança Geração de Energia S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AliancaGeracaoDeEnergiaSAMember_zu2Ul7xYHEz9" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(63)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Other</td> <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zUQ7EzcdNRA7" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">26</td> <td id="xdx_98F_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z23MqgifNJTc" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zaGrxfCbf8L1" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">29</td> <td id="xdx_985_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zqpOUXFWG2Jg" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zDC2X1qLG0Qb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">32</td> <td id="xdx_989_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z66oZF93cpq4" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td id="xdx_988_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zXeD3AcMf6Ub" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">1</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z6rk81eld0Pa" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">346</td> <td id="xdx_982_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zlK27lhzRIV7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,831)</td> <td id="xdx_984_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z4zfvxZTGLf6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(28)</td> <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zWKcmAlJuEpf" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">388</td> <td id="xdx_986_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zdjcJxrbfqZa" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,363)</td> <td id="xdx_98D_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zaKXKqlvsUi7" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(28)</td> <td id="xdx_983_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zbJUzAYv3s62" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">446</td> <td id="xdx_983_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zSHUZtn91cAa" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(953)</td> <td id="xdx_98F_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zEtwt2yGkavg" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(40)</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Shareholders</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Bradesco</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zcuACmVSSAy" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">213</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_z5WAdFEENLY4" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(416)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_980_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zpogotXLdwm2" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">201</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Mitsui</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_z8KindmYw7Ek" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">147</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zQK4qReb5j42" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">247</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zzWqdSHqp0r6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">280</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Cosan</td> <td id="xdx_986_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zsjzRmelbiO4" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">8</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zMdpOBOI1rB1" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(16)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_z6lha4BC9ssh" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">3</td> <td id="xdx_988_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zXKjoED5qCUl" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(4)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zHylZywqMYib" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">10</td> <td id="xdx_987_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_z51sUH51NAm8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Banco do Brasil</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_zGLy1e5cQWa2" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">9</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_z2YGzFPF719g" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">1</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_98F_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zy6KXilOoOP7" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">155</td> <td id="xdx_985_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zYSBgfUpkdSh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(16)</td> <td id="xdx_985_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zpacvmVJaqQh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">222</td> <td id="xdx_987_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zOpybQMwCe21" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">250</td> <td id="xdx_989_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zZUTbUds4yWh" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(4)</td> <td id="xdx_98B_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zBzm9J9HBjJg" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(415)</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_z608htjifrT2" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">290</td> <td id="xdx_988_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_zVz6ZC8cQVQ1" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(11)</td> <td id="xdx_98C_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorShareholdersMember_z0gXDt8pq9v5" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">201</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Total</td> <td id="xdx_981_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z6W43TBzFGAg" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">501</td> <td id="xdx_980_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z8fqi9tTf7Vh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,847)</td> <td id="xdx_987_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20250101__20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zI8s6lRAnUfe" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">194</td> <td id="xdx_98C_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z9LFNPGfnaFk" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">638</td> <td id="xdx_98A_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zD65uZkakKlb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(1,367)</td> <td id="xdx_983_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20240101__20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zVvByfrTpDe8" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">(443)</td> <td id="xdx_988_eifrs-full--RevenueFromSaleOfGoodsRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zg7uZXZzZeTl" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Net operating revenue">736</td> <td id="xdx_98C_ecustom--CostOfSoldRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z25FV6bmkfh2" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Cost and operating expenses">(964)</td> <td id="xdx_983_ecustom--FinancialResultRelatedPartyTransactions_pn6n6_c20230101__20231231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z1ID6g4pBcb4" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%" title="Financial result">161</td></tr> </table> (i) Aggregated entities: Companhia Coreano-Brasileira de Pelotização, Companhia Hispano-Brasileira de Pelotização, Companhia Ítalo-Brasileira de Pelotização and Companhia Nipo-Brasileira de Pelotização. (ii) In 2023, Vale Oman Distribution Center was an indirect subsidiary of Vale S.A.

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-1367000000 -443000000

736000000

-964000000 161000000 <table cellpadding="0" cellspacing="0" id="xdx_890_ecustom--ScheduleOfOutstandingBalancesWithRelatedPartiesTableTextBlock_pn6n6_z6IbCBz1QlV4" style="font: 12pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Related parties (Details 1)"> <tr> <td style="background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Schedule of outstanding balances with related parties</td> <td style="padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: bottom"> </td> <td colspan="6" style="background-color: white; padding-right: 2.65pt; text-align: right">Assets</td></tr> <tr style="background-color: #007E7A"> <td style="padding-right: 2.65pt; padding-left: 2.65pt">December 31, </td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2025</td> <td colspan="3" style="padding-right: 2.65pt; text-align: right">2024</td></tr> <tr style="vertical-align: bottom; background-color: white"> <td style="width: 34%"> </td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Cash and cash equivalents</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Accounts receivable</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Dividends receivable and other assets</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Cash and cash equivalents</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Accounts receivable</td> <td style="border-bottom: #007E7A 1pt solid; width: 11%; text-align: right">Dividends receivable and other assets</td></tr> <tr> <td style="border-bottom: silver 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Associates and Joint Ventures</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Pelletizing companies (i)</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_ecustom--DividendReceivableRelatedPartyTransactions_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">7</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_983_ecustom--DividendReceivableRelatedPartyTransactions_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PelletizingCompaniesMember_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">34</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 9.6pt">MRS Logística S.A.</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--DividendReceivableRelatedPartyTransactions_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">9</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_z7aENB0v8yS8" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">13</td> <td id="xdx_98E_ecustom--DividendReceivableRelatedPartyTransactions_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MrsLogisticaS.a.Member_pn6n6" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">32</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">VLI</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_980_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zkAH0Uapx6Zk" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">41</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_988_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--VliS.a.Member_zBZ1CN83SxQ" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">19</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">PTVI</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98D_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PTVIMember_z6hsUZScWOHg" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">1</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Anglo American</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zNeASd0kaOO4" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">254</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_981_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--AngloAmericanMember_zZmoinwfXURl" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">149</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Other</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_989_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zNFtYdnLuqDh" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">6</td> <td id="xdx_989_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zKT3LJj2XMTf" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">9</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_z6B6I4pCtzFb" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">5</td> <td id="xdx_981_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--OtherAssociatesAndJointVenturesMember_zDkMhPcC5j12" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">1</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98F_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z6mCLYFlgGy2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">48</td> <td id="xdx_980_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_z9ZdBAbMjYZb" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">279</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zHmDm0X8mHEk" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">37</td> <td id="xdx_98C_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__ifrs-full--RelatedPartiesMember_zvCM3M2sMh8k" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">216</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Shareholders</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 0.75pt; text-align: right; line-height: 120%"> </td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Cosan</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_985_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--CosanMember_zQNuSPTu0j15" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">3</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Bradesco</td> <td id="xdx_98B_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zbAupfZjzqK2" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">1,003</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_987_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zicAai2uNSG7" style="border-bottom: #B6B6B6 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">82</td> <td id="xdx_982_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_zgzwnkzoAmtk" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">261</td> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BradescoMember_z7LFBarSXxMi" style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">16</td></tr> <tr> <td style="border-bottom: #B6B6B6 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Banco do Brasil</td> <td id="xdx_986_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_z9iyh0eMnwAi" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">186</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_ecustom--DividendReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_z4YJoRMxgm37" style="border-bottom: #D9D9D9 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">9</td> <td id="xdx_98F_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--BancoDoBrasilMember_zD1TQhNnP3Qi" style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">22</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 0.1in; line-height: 120%">Mitsui</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98B_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zrGaQnIRZ0Oj" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">49</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MitsuiCo.LtdMember_zrM7QuTn7W6g" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">7</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt"> </td> <td id="xdx_984_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zIXA3iCzgpxj" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">1,189</td> <td id="xdx_98F_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zKL8BpXWU9v6" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">49</td> <td id="xdx_98D_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zFPLL7D2n7qh" style="border-bottom: #007E79 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">91</td> <td id="xdx_987_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zP1mIcsJ102b" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">283</td> <td id="xdx_984_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_ze70E4jitlzb" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">10</td> <td id="xdx_98D_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--MajorStockholdersMember_zf9wKHnDMQpc" style="border-bottom: #007E79 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">16</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Pension plan</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_982_eifrs-full--AmountsReceivableRelatedPartyTransactions_iI_pn6n6_c20251231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PensionPlanMember_zW98t8RIG14c" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">18</td> <td style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td> <td id="xdx_98A_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--CategoriesOfRelatedPartiesAxis__custom--PensionPlanMember_z5QWgcerIfn6" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">16</td> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%">–</td></tr> <tr> <td style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; padding-left: 2.65pt; line-height: 120%">Total</td> <td id="xdx_989_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_z03wOAyxdum4" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">1,189</td> <td id="xdx_986_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zHGw3ATmr7f2" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">115</td> <td id="xdx_98D_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20251231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zgAfW1uH8U94" style="border-bottom: #007E7A 1pt solid; background-color: #F3F3F3; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">370</td> <td id="xdx_987_ecustom--CashAndCashEquivalentsRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zH72ATZk15H" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Cash and cash equivalents">283</td> <td id="xdx_98A_eifrs-full--AmountsReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zvM12q9jvB42" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Accounts receivable">63</td> <td id="xdx_986_ecustom--DividendReceivableRelatedPartyTransactions_pn6n6_c20241231__ifrs-full--ContinuingAndDiscontinuedOperationsAxis__ifrs-full--AggregateContinuingAndDiscontinuedOperationsMember_zCxIStqHST32" style="border-bottom: #007E7A 1pt solid; background-color: white; padding-right: 2.65pt; text-align: right; line-height: 120%" title="Dividends receivable and other assets">232</td></tr> </table> 7000000 34000000 9000000

13000000

32000000

41000000

19000000

1000000

254000000 149000000

6000000

9000000

5000000

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48000000

279000000

37000000

216000000

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1189000000

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91000000 283000000

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16000000

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115000000

370000000 283000000

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232000000 28000000 235000000 49000000 291000000 25000000 32000000 49000000 44000000 3000000 81000000 2000000 47000000 58000000 67000000 28000000 43000000 24000000 234000000 316000000 218000000 338000000 1000000 24000000 163000000 24000000 1000000 163000000 11000000 234000000 340000000 230000000 501000000

<table cellpadding="0" cellspacing="0" id="xdx_893_eifrs-full--DisclosureOfInformationAboutKeyManagementPersonnelExplanatory_pn6n6_zJvIkmBGPi2l" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Related parties (Details 2)"> <tr> <td style="vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Schedule of remuneration of key management personnel compensation</td> <td id="xdx_496_20250101_20251231" style="vertical-align: top; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_494_20240101_20241231" style="vertical-align: top; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td> <td id="xdx_492_20230101_20231231" style="vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: center; line-height: 120%"> </td></tr> <tr> <td style="vertical-align: top; width: 49%; background-color: #007E7A; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="vertical-align: top; width: 17%; background-color: #007E7A; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2025</td> <td style="vertical-align: top; width: 17%; background-color: #007E7A; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2024</td> <td style="vertical-align: top; width: 17%; background-color: #007E7A; font-family: Times New Roman,serif; text-align: right; line-height: 112%">2023</td> </tr> <tr id="xdx_402_ecustom--KeyManagementPersonnelShortTermCompensationAbstract_iB_zrfGMqLlbS7a"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Short-term benefits:</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 112%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> </tr> <tr id="xdx_407_ecustom--KeyManagementPersonnelCompensationWagesOrProlabor_zp25li4FCAP3"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Wages</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td> </tr> <tr id="xdx_400_ecustom--KeyManagementPersonnelCompensationDirectAndIndirectBenefits_z9sCsvlaFUOi"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Direct and indirect benefits</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">1</td> </tr> <tr id="xdx_401_ecustom--KeyManagementPersonnelCompensationProfitSharingProgram_zn1gMxqEEgO1"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Profit sharing program (“PLR”)</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">11</td> </tr> <tr id="xdx_408_eifrs-full--KeyManagementPersonnelCompensationShorttermEmployeeBenefits_i_pn6n6"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total short-term benefits</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">15</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">22</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">23</td> </tr> <tr id="xdx_409_ecustom--KeyManagementPersonnelLongTermCompensationAbstract_iB_zuBHkyqTmQmf"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Long-term benefits:</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: bottom; background-color: #F3F3F3; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> </tr> <tr id="xdx_401_eifrs-full--KeyManagementPersonnelCompensationSharebasedPayment_i_pn6n6"> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Shares based</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">9</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">10</td> <td style="border-bottom: #D9D9D9 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">14</td> </tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right"> </td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: white; font-family: Times New Roman,serif; text-align: right"> </td> </tr> <tr id="xdx_404_ecustom--KeyManagementPersonnelCompensationSeverance_zCTd6msTNTbd"> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; padding-left: 0.1in; font-family: Times New Roman,serif; line-height: 120%">Severance</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">8</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">2</td> </tr> <tr id="xdx_40B_eifrs-full--KeyManagementPersonnelCompensation_i_pn6n6"> <td style="border-bottom: teal 1pt solid; vertical-align: bottom; background-color: white; font-family: Times New Roman,serif">Total short and long-term benefits</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">32</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; font-family: Times New Roman,serif; text-align: right; line-height: 120%">35</td> <td style="border-bottom: teal 1pt solid; vertical-align: top; background-color: white; font-family: Times New Roman,serif; text-align: right; line-height: 120%">39</td> </tr> </table>

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32000000

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34. Basis of preparation of consolidated financial statements The consolidated financial statements of the Company (“financial statements”) have been prepared and are presented in accordance with the International Financial Reporting Standards (IFRS® Accounting Standards) as issued by the International Accounting Standards Board (IASB). All material information for the financial statements, and only this information, are presented and consistent to those used by the Company's Management. The financial statements have been prepared to update users on the relevant events and transactions that occurred in the period and must be read together with the financial statements for the year ended December 31, 2025. All accounting policies, accounting estimates and judgments, risk management and measurement methods are the same as those adopted in the preparation of the latest annual financial statements. These financial statements were authorized for issue by the Board of Directors on February 12, 2026. a) New and amended standards Certain new accounting standards, amendments and interpretations have been published recently, however, have not materially impacted these financial statements. The Company did not early adopt any standards and does not expect that other standards already issued and not yet mandatory will have a material impact in future reporting periods. b) Principles of consolidation The Company's financial statements reflect the assets, liabilities and transactions of the Parent Company and its direct and indirect subsidiaries (“subsidiaries”). Intercompany balances and transactions, which include unrealized profits, are eliminated. A list of the most relevant companies, including associates and joint ventures, and the financial policies applied in preparing the consolidated financial projections are described in note 30. c) Functional currency and presentation currency The financial statements of the Company and its associates and joint ventures are measured using the currency of the primary economic environment in which each entity operates (“functional currency”), in the case of the Parent Company it is the Brazilian real (“R$”). For presentation purposes, these financial statements are presented in the United States dollars (“US$”) as the Company believes that this is how international investors analyze the financial statements. The income statement and cash flows statements of the Parent Company and its investees which have a functional currency other than US$ are translated into US$ at the average monthly exchange rate, the assets and liabilities are translated at the final rate and the other equity items are translated at the historical rate. All monetary exchange differences are recognized in comprehensive income as “Translation adjustments”. When a foreign operation is totally or partially disposed, the monetary exchange differences that were recorded in the equity are recognized in the income statement for the year, see accounting policy in note 30 of these financial statements. The main exchange rates used by the Company to translate its foreign operations are as follows: <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_zZkDgSMmGt2k" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Basis of preparation of consolidated financial statements (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of exchange rates used to translate its foreign operations</td> <td style="border-bottom: rgb(217,217,217) 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Closing rate</td> <td colspan="3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Average rate</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: top; width: 23%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 13%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 13%; font-family: Times New Roman,serif; text-align: right">2023</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">US Dollar ("US$")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.5024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.1923</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.8413</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.5855</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.3920</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.9954</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Canadian dollar ("CAD")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.0187</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.3047</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.6522</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.9981</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.9342</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.7026</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Euro ("EUR")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.4692</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.4363</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.3516</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.3095</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.8340</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.4023</td></tr> </table> d) Critical accounting estimates and judgments The preparation of financial statements requires the use of critical accounting estimates and Management also needs to exercise judgement in applying the Company’s accounting policies. The Company makes estimates about the future based on assumptions. Accounting estimates and judgments are continually evaluated and are based on management's experience and knowledge, information available at the date of the financial statements and other factors, including expectations of future events that are considered reasonable under the circumstances. Accounting estimates, by definition, will seldom equal the actual results. The areas involving significant estimates or judgements or complexity, and of items which are more likely to be materially adjusted due to estimates and assumptions are presented in the following notes: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 9%; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">Note</td> <td style="width: 91%; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">Significant estimates and judgments</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">5</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Deferred income taxes and uncertain tax positions</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">12</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Impairment of non-current assets</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">13</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Mineral reserves and mines useful life</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">14</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Provision for de-characterization of dam structures and asset retirement obligations</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">16</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities related to the concession grant</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">19</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Fair values estimate</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">25</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities related to Brumadinho</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">26</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities related to associates and joint ventures</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">27</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Litigation</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">30</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Consolidation</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">32</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Employee post-retirement obligation</td></tr> </table> e) Material accounting policies The material accounting policies applied in the preparation of these financial statements have been included in the respective notes and are consistent in all years presented.

a) New and amended standards Certain new accounting standards, amendments and interpretations have been published recently, however, have not materially impacted these financial statements. The Company did not early adopt any standards and does not expect that other standards already issued and not yet mandatory will have a material impact in future reporting periods. b) Principles of consolidation The Company's financial statements reflect the assets, liabilities and transactions of the Parent Company and its direct and indirect subsidiaries (“subsidiaries”). Intercompany balances and transactions, which include unrealized profits, are eliminated. A list of the most relevant companies, including associates and joint ventures, and the financial policies applied in preparing the consolidated financial projections are described in note 30. c) Functional currency and presentation currency The financial statements of the Company and its associates and joint ventures are measured using the currency of the primary economic environment in which each entity operates (“functional currency”), in the case of the Parent Company it is the Brazilian real (“R$”). For presentation purposes, these financial statements are presented in the United States dollars (“US$”) as the Company believes that this is how international investors analyze the financial statements. The income statement and cash flows statements of the Parent Company and its investees which have a functional currency other than US$ are translated into US$ at the average monthly exchange rate, the assets and liabilities are translated at the final rate and the other equity items are translated at the historical rate. All monetary exchange differences are recognized in comprehensive income as “Translation adjustments”. When a foreign operation is totally or partially disposed, the monetary exchange differences that were recorded in the equity are recognized in the income statement for the year, see accounting policy in note 30 of these financial statements. The main exchange rates used by the Company to translate its foreign operations are as follows: <table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_zZkDgSMmGt2k" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Basis of preparation of consolidated financial statements (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of exchange rates used to translate its foreign operations</td> <td style="border-bottom: rgb(217,217,217) 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Closing rate</td> <td colspan="3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Average rate</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: top; width: 23%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 13%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 13%; font-family: Times New Roman,serif; text-align: right">2023</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">US Dollar ("US$")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.5024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.1923</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.8413</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.5855</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.3920</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.9954</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Canadian dollar ("CAD")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.0187</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.3047</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.6522</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.9981</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.9342</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.7026</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Euro ("EUR")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.4692</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.4363</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.3516</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.3095</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.8340</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.4023</td></tr> </table>

<table cellpadding="0" cellspacing="0" id="xdx_894_eifrs-full--DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory_zZkDgSMmGt2k" style="width: 100%; border-collapse: collapse; font-size: 8pt" summary="xdx: Disclosure - Basis of preparation of consolidated financial statements (Details)"> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Schedule of exchange rates used to translate its foreign operations</td> <td style="border-bottom: rgb(217,217,217) 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-family: Times New Roman,serif"> </td> <td colspan="3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Closing rate</td> <td colspan="3" style="font-family: Times New Roman,serif; text-align: right; line-height: 120%">Average rate</td></tr> <tr style="background-color: #007E7A"> <td style="vertical-align: top; width: 23%; font-family: Times New Roman,serif; line-height: 112%">Year ended December 31,</td> <td style="width: 12%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="vertical-align: bottom; width: 13%; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="vertical-align: bottom; width: 13%; font-family: Times New Roman,serif; text-align: right">2023</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2025</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2024</td> <td style="width: 13%; padding-right: 2.65pt; font-family: Times New Roman,serif; text-align: right">2023</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">US Dollar ("US$")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.5024</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.1923</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.8413</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.5855</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.3920</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.9954</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Canadian dollar ("CAD")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.0187</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">4.3047</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.6522</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.9981</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.9342</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">3.7026</td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Euro ("EUR")</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.4692</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.4363</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.3516</td> <td style="border-bottom: #D9D9D9 1pt solid; background-color: #F2F2F2; font-family: Times New Roman,serif; text-align: right; line-height: 120%">6.3095</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.8340</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: right; line-height: 120%">5.4023</td></tr> </table>

5.5024

6.1923

4.8413

5.5855

5.3920

4.9954

4.0187

4.3047

3.6522

3.9981

3.9342

3.7026

6.4692

6.4363

5.3516

6.3095

5.8340

5.4023

d) Critical accounting estimates and judgments The preparation of financial statements requires the use of critical accounting estimates and Management also needs to exercise judgement in applying the Company’s accounting policies. The Company makes estimates about the future based on assumptions. Accounting estimates and judgments are continually evaluated and are based on management's experience and knowledge, information available at the date of the financial statements and other factors, including expectations of future events that are considered reasonable under the circumstances. Accounting estimates, by definition, will seldom equal the actual results. The areas involving significant estimates or judgements or complexity, and of items which are more likely to be materially adjusted due to estimates and assumptions are presented in the following notes: <table cellpadding="0" cellspacing="0" style="width: 100%; border-collapse: collapse; font-size: 8pt"> <tr style="vertical-align: top; background-color: #007E7A"> <td style="width: 9%; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">Note</td> <td style="width: 91%; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">Significant estimates and judgments</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">5</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Deferred income taxes and uncertain tax positions</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">12</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Impairment of non-current assets</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">13</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Mineral reserves and mines useful life</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">14</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Provision for de-characterization of dam structures and asset retirement obligations</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">16</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities related to the concession grant</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">19</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Fair values estimate</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">25</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities related to Brumadinho</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">26</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Liabilities related to associates and joint ventures</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">27</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Litigation</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">30</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Consolidation</td></tr> <tr style="vertical-align: top; background-color: white"> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; text-align: justify; line-height: 112%">32</td> <td style="border-bottom: #D9D9D9 1pt solid; font-family: Times New Roman,serif; line-height: 120%">Employee post-retirement obligation</td></tr> </table>

e) Material accounting policies The material accounting policies applied in the preparation of these financial statements have been included in the respective notes and are consistent in all years presented.

PricewaterhouseCoopers Auditores Independentes Ltda. Rio de Janeiro