3M SAVINGS PLAN Contribution & Employer Match

3M SAVINGS PLAN Average Participant Retirement Account Value

3M SAVINGS PLAN Estimated Average Employee Contribution Amount

• VIP: Participants may contribute from 2% to 35% of their compensation to the 401(k) Accounts (Before-Tax and/or Roth) through salary deferrals, not to exceed the Internal Revenue Service (IRS) limits (17% maximum for employees whose annual compensation is in excess of certain IRS limits).
• Savings Plan: Participants may contribute from 2% to 20% of their compensation to the 401(k) Accounts through salary deferrals, not to exceed the Internal Revenue Service (IRS) limits (10% maximum for employees whose annual compensation is in excess of certain IRS limits).
• Both Plans: Participants who have attained age 50 before the end of the plan year are eligible to make catch-up contributions to their 401(k) Accounts (Before-Tax and/or Roth), subject to IRS limits.
• Newly hired employees in the Savings Plan are automatically enrolled three months after their hire date, and newly hired employees in VIP are automatically enrolled 45 days after their hire date, at a default before-tax contribution rate of 6% for Savings Plan and 7% for VIP, with contributions invested 100% in the LifePath® Portfolio closest to the year in which the participant will reach age 65.
• In addition, participants automatically enrolled will have their default percentage increased by 1% each year up to a maximum of 10% of compensation beginning as soon as administratively possible on or after April 1 in the plan year following the plan year they were enrolled.

• VIP: 3M makes matching contributions to VIP at rates from 45% to 100% of eligible 401(k) Account (Before-Tax and/or Roth) contributions (limited to the first 5% of eligible earnings).
• Employees hired or rehired on or after January 1, 2009, or hired prior to January 1, 2009 and whose employer became a participating subsidiary on January 1, 2009 or later, will also receive a nonelective company contribution of 3% of 401(k) eligible earnings.
• Savings Plan: Pursuant to the terms of various collective bargaining agreements, 3M may make matching contributions to the Savings Plan from 40% to 100% of the eligible participants’ 401(k) Account contributions (up to the first 5% of 401(k) eligible earnings, as listed in the collective bargaining agreement).
• In addition, those participants (dependent on the specific collective bargaining unit agreement and membership) hired or rehired on January 1, 2009 or later receive a nonelective company contribution (Retirement Income Account (RIA)) made in cash.

• Participants are immediately vested in their own contributions to the Plans, plus any earnings thereon.
• VIP: For VIP, each participant’s interest in employer contributions vests at 40% after one year of service, 70% after two years of service, and 100% after three years of service.
• Also, a participant can become immediately 100% fully vested upon attainment of age 65, when a participant is determined to be totally and permanently disabled while also receiving Social Security disability income, when a participant’s employment ends as a result of a management-approved downsizing, business sale or shutdown, or when a participant dies.
• Savings Plan: For Savings Plan, each participant’s interest in employer contributions vests at 40% after one year of service, 70% after two years of service, and 100% after three years of service.
• Also, a participant can become immediately 100% fully vested upon retirement, death or becoming permanently disabled.