Bradespar S.A. Reports Earnings Results for the First Quarter Ended March 31, 2022

Bradespar is an investment company. The portfolio's market value (EUR2.3 billion at the end of 2017) breaks down by activity as follows: - mine operation (99.9%): owns Vale; - production, distribution, and sales of electricity (0.1%): owns Companhia Paulista de Força e Luz Energia (CPFL Energia; No. 1 in Brazil).