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Mike Roman Chairman of the Board & Chief Executive OfficerMonish Patolawala Executive Vice President, Chief Financial & Transformation Officer2022 Third Quarter Earnings Bruce Jermeland Senior Vice President, Investor Relations(unaudited)
Chairman of the Board &
Chief Executive OfficerMonish Patolawala
Executive Vice President,
Transformation Officer2022 Third Quarter Earnings
Senior Vice President,
Investor Relations(unaudited)2 2022 Q3 Earnings –October 25, 2022. All rights reserved. Forward looking statement
This presentation contains forward -looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties .You can identify these
statements bytheuse ofwords such as"anticipate," "estimate," "expect," "aim," "project," "intend," "plan," "believe," "will," "should," "could," "target," "forecast" and other words and terms of
similar meaning inconnection with any discussion offuture operating orfinancial performance orbusiness plans orprospects .Among thefactors that could cause actual results todiffer materially
arethefollowing :(1)worldwide economic, political, regulatory, capital markets and other external conditions and other factors beyond theCompany's control, including natural and other disasters
orclimate change affecting theoperations oftheCompany oritscustomers and suppliers ;(2)risks related topublic health crises such astheglobal pandemic associated with thecoronavirus
(COVID -19);(3)foreign currency exchange rates and fluctuations inthose rates ;(4)liabilities related tocertain fluorochemicals, including lawsuits concerning various PFAS -related products and
chemistries, and claims and governmental regulatory proceedings and inquiries related toPFAS inavariety ofjurisdictions ;(5)legal proceedings, including significant developments that could
occur inthelegal and regulatory proceedings described intheCompany's Annual Report onForm 10-Kfortheyear ended Dec.31,2021 ,asupdated bytheCompany's Current Report onForm 8-K
dated April 26,2022 ,and any subsequent quarterly reports onForm 10-Q(the "Reports") ;(6)competitive conditions and customer preferences ;(7)thetiming and market acceptance ofnew
product offerings ;(8)theavailability and cost ofpurchased components, compounds, raw materials and energy (including oiland natural gas and their derivatives) due toshortages, increased
demand orsupply interruptions (including those caused bynatural and other disasters and other events) ;(9)unanticipated problems ordelays with thephased implementation ofaglobal enterprise
resource planning (ERP) system, orsecurity breaches and other disruptions totheCompany's information technology infrastructure ;(10)theimpact ofacquisitions, strategic alliances, divestitures,
and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring ;(11)operational execution, including
scenarios where theCompany generates fewer productivity improvements than estimated ;(12)financial market risks that may affect theCompany's funding obligations under defined benefit
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