3M Names Sarah Grauze Treasurer and Vice President, Finance

ST. PAUL, Minn.–(BUSINESS WIRE)–3M announced today that Sarah Grauze is appointed treasurer and vice
president, Finance, effective July 1, 2018.

Grauze is currently assistant treasurer and finance director, a position
she has held since 2015. She began her 3M career in 1990 as an internal
auditor, and went on to serve in a variety of leadership roles in
finance, audit and mergers and acquisitions. Grauze holds a master’s
degree in finance from the University of Minnesota’s Carlson School of
Management, and a bachelor’s degree from the University of St. Thomas.

“Sarah is a strong leader with a broad range of finance expertise and
extensive knowledge of our company,” said Nicholas Gangestad, 3M senior
vice president and chief financial officer. “I am confident that Sarah’s
background and leadership will further strengthen our treasury
organization.”

Grauze succeeds Matt Ginter, who has announced his intention to retire,
effective July 1, 2018. “We thank Matt for his leadership and
contributions to the company and our finance organization during his
28-year 3M career,” said Gangestad.

About 3M
At 3M, we apply science in collaborative ways to
improve lives daily. With $32 billion in sales, our 91,000 employees
connect with customers all around the world. Learn more about 3M’s
creative solutions to the world’s problems at www.3M.com or
on Twitter @3M or @3MNews.

Contacts

3M Investor Contacts:
Bruce Jermeland, 651-733-1807
or
Tony
Riter, 651-733-1141
or
3M Media Contact:
Lori
Anderson, 651-733-0831