3M Results Presentation Deck

Taking action to efficiently and equitably resolve claims Background Actions Taken Benefits to Stakeholders 2022 Q2 Earnings - July 26, 2022. All rights reserved. ● ● ● ● ● ● ● 3M acquired Aearo Technologies in 2008 and since then it has operated as a wholly-owned subsidiary Claims largely relate to previous generation Combat Arms Earplugs manufactured by Aearo Technologies Approximately 115,000 filed claims, and an additional 120,000 claims on administrative docket, as of June 30, 2022 Aearo Technologies entities have elected to use well-established chapter 11 procedures to resolve all claims determined to be entitled to compensation 3M has committed $1B to fund a trust, based on the analysis of an experienced estimator of claims in chapter 11 3M has also committed an additional $240M to fund projected case related expenses 3M will provide additional funding if required under the terms of the agreement Focuses on achieving an efficient and equitable resolution Reduces uncertainty and increases clarity for all stakeholders Reduces cost and time of litigating thousands of cases 3M 15

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