3M Results Presentation Deck

Health Care transaction summary Transaction Summary Capitalization Additional Details 2022 Q2 Earnings - July 26, 2022. All rights reserved. • Health Care expected to be spun off with net leverage of 3.0x-3.5x adjusted EBITDA and positioned for rapid deleveraging ● Intended to be a tax-free spin off of Health Care into a standalone publicly-traded company New 3M expected to retain a 19.9% stake in Health Care to be monetized over time ● Subject to final approval by 3M's Board of Directors, effectiveness of Form 10, receipt of IRS ruling, completion of financing, and other customary closing conditions Expected close by year-end 2023 Anticipate no change in 3M's capital allocation priorities through separation 3M 13

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