Item 5.07 Submission of Matters to a Vote of Security Holders
At the 2024 Annual Meeting of Shareholders of the Company held on May 14, 2024, the votes cast with respect to each item of business properly presented at the meeting are as follows:
Proposal No. 1 - The shareholders elected each of the twelve nominees to the Board of Directors for a one-year term by the vote of the majority of votes cast, in accordance with 3M's Bylaws.
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE | |
| 1a. Thomas "Tony" K. Brown | 321,985,620 | 18,565,967 | 1,184,120 | 95,991,883 |
| 1b. William M. Brown | 337,414,547 | 3,188,851 | 1,132,309 | 95,991,883 |
| 1c. Audrey Choi | 336,766,990 | 3,830,133 | 1,138,584 | 95,991,883 |
| 1d. Anne H. Chow | 302,414,189 | 38,219,481 | 1,102,037 | 95,991,883 |
| 1e. David B. Dillon | 326,913,143 | 13,626,092 | 1,196,472 | 95,991,883 |
| 1f. James R. Fitterling | 325,729,493 | 14,881,842 | 1,124,372 | 95,991,883 |
| 1g. Amy E. Hood | 325,824,026 | 14,778,136 | 1,133,545 | 95,991,883 |
| 1h. Suzan Kereere | 324,361,340 | 16,237,536 | 1,136,831 | 95,991,883 |
| 1i. Gregory R. Page | 313,844,316 | 26,722,276 | 1,169,115 | 95,991,883 |
| 1j. Pedro J. Pizarro | 329,609,062 | 10,992,058 | 1,204,587 | 95,991,883 |
| 1k. Michael F. Roman | 330,072,419 | 10,503,642 | 1,159,646 | 95,991,883 |
| 1l. Thomas W. Sweet | 337,039,365 | 3,479,349 | 1,216,993 | 95,991,883 |
Proposal No. 2 - The shareholders ratified the appointment of PricewaterhouseCoopers LLP as 3M's independent registered public accounting firm for 2024.
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE |
| 409,951,992 | 26,229,163 | 1,546,435 | N/A |
Proposal No. 3 - The shareholders did not approve, on an advisory basis, the compensation of the Company's Named Executive Officers as described in the Company's 2024 Proxy Statement.
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE |
| 153,684,148 | 185,471,337 | 2,580,222 | 95,991,883 |
Proposal No.4 - The shareholders did not approve the shareholder proposal on enhanced share ownership policy.*
| FOR | AGAINST | ABSTAIN | BROKER NON-VOTE |
| 16,372,119 | 320,915,147 | 4,448,441 | 95,991,883 |
*Under the General Corporation Law of the State of Delaware, the affirmative "FOR" vote of a majority of those shares present in person or represented by proxy at the meeting and entitled to vote on the matter is required to approve the shareholder proposal. In tabulating the voting result, abstentions and, if applicable, broker non-votes are not counted as votes "FOR" or "AGAINST" the proposal. An abstention will, however, be counted as entitled to vote on a proposal and will, therefore, have the effect of a vote "AGAINST." Applying this standard, the percentage in favor of the shareholder proposal is calculated by dividing the number of FOR votes by the sum of the number of FOR, AGAINST and ABSTAIN votes.
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3M Company published this content on 16 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 May 2024 20:14:51 UTC.