On May 16, 2024, 3M Company announced that it held its annual general meeting of shareholders on May 14, 2024, and declared voting results and declared voting results. Accordingly, a shareholder proposal submitted by Raymond Weber requesting that the Board of Directors adopt a policy requiring that the Chief Executive Officer, the Chief Executive Officer?s direct reports, and all members of the Board hold at least ten times their annual total compensation (including base salary, bonus, stock awards, option awards and any other form of compensation) within three years of the adoption of such policy or, in the case of newly hired or appointed senior management or Board members, within three years of their hiring or appointment date in shares of the Company?s common stock. The policy should also prohibit the Company from extending any loans or other financial assistance to the covered executives and directors to enable them to acquire or retain shares of the Company?s common stock that was not approved by the shareholder at the annual general meeting of the Company.