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Delivering Growth

Mike RomanChief Operating Officer & Executive Vice President

December 12, 2017

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Agenda

• Expected growth in 2018 by Business

• Business and global priorities

• 3M’s unique position to create value

• High-growth platforms

• Positioned to win

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Our Playbook is working

Investing in Innovation

Portfolio Management

Business Transformation

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Executing our Playbook has created a successful portfolio2018 organic local-currency growth projections

IndustrialHealth Care ConsumerSafety & Graphics Electronics & Energy

Total 3M: 3% to 5%

Organic local-currency = organic volume + price

3% to 5%4% to 6% 2% to 4%4% to 6% 1% to 4%

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IndustrialAdvancing industries and the customers we serve

• Accelerate growth platforms in automotive, abrasives, structural adhesives, and filtration

• Increase R&D investment in new solutions for high-growth applications

• Build on go-to-market and digital commerce successes

2017e revenue: $10.9B

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Safety & GraphicsAdvancing safety and enhancing our customer brands

• Build upon our leading personal safety portfolio

• Innovative new solutions that improve global transportation safety

• New film technologies to enhance our customers’ brand image

2017e revenue: $6.1B

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Health CareImproving lives through care pathway innovation

2017e revenue: $5.8B

• Invest in new products and expanded coverage for developing economies

• Advance digital solutions in health information, oral care and drug delivery

• Expand capabilities in clinical evidence and health economics

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Electronics & EnergyAdvancing a connected world

• Build new platforms in emerging, high-growth electronic market segments

• Develop new applications and technologies to lead innovation in electronics

• Invest in innovation for energy and grid modernization

2017e revenue: $5.1B

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ConsumerInnovating to simplify life and work

• Expand brand awareness and penetration in developing economies

• Innovative new products for respiratory wellness and home improvement

• Accelerate digital commerce growth through new models and advancements in data analytics

2017e revenue: $4.6B

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3M worldwide prioritiesGlobal leverage, local execution

• Transform U.S. business and service models

• Invest to accelerate growth in China and developing Asia

• Execute portfolio actions to improve West Europe profitability

• Increase focus on domestic-oriented markets, businesses and innovation

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The power of 3MDelivering value for customers and shareholders

Fundamental StrengthsCustomer First Global Commerce

Key account directValue added resellers

DistributionRetail

Digital commerce

Customer-inspired innovation Creating differentiated value End-user focused

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Top priorities for growth$30B+ addressable market opportunity

Advanced Wound Care

Population Health

Automotive Electrification

FiltrationStructural Adhesives Air Quality

Data CentersConnected Safety

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Uniquely positioned to advance automotive electrification$6B market opportunity, growing at 8-10%

Automotive Solutions

Transportation Safety

Electronic Materials

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Advancing wound care and improving patient experience$1B market opportunity, growing at 5-6%

Secure and Protect

Activate Healing Process

Wound Preparation

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Domain Expertise

ConnectedSafety

Differentiated Portfolio

Leading position in personal safety$33B market, growing at 3-5%

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Utilities ConstructionConsumer Electronics

Semiconductor

Delivering growth in Electronics and EnergyFocused on differentiated, high-value markets

Renewable energy and storage

Energy grid modernization

AutomotiveElectrification

Data centerHigh bandwidth

Communication infrastructure 5G

Base markets

Market size $60BCAGR 1-3%

Strengthen base and managetechnology shift

0

1

2

3

4

5

6

7

2016 2020

High-valuemarket segments

Market size $12BCAGR 10-15%

Accelerate growth in key segments

Sales 2016-20

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Thermal, signal and energy management in data centers$2.5B market opportunity, growing at 10-12%

Facility Protection

NetworkInterconnects

ServerCooling

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The power of 3MBuilding domain expertise in high-growth markets

Auto Electrification Biopharma

Connected Safety Home Improvement

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Positioned to win

• Prioritize high-growth markets, applications and products

• Ongoing portfolio management to deliver increased investor value

• Accelerate new product successes by executing the 3M Playbook

• Implement commercial changes that leverage Business Transformation

Creating profitable growth for our shareholders

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