Market Overview

Dr. Dambisa F. Moyo Elected to 3M Board of Directors


3M (NYSE:MMM) announced today that Dr. Dambisa F. Moyo, founder
and chief executive officer of Mildstorm, LLC, has been elected to 3M's
Board of Directors, effective Aug. 12, 2018.

Moyo, who holds a doctorate in economics from the University of Oxford,
has expertise in examining the interplay of international business and
the global economy. Her background includes advising companies in their
investment decisions, capital allocation and risk management. Prior to
founding Mildstorm, Dr. Moyo worked at Goldman Sachs in various roles,
including as an economist. Previously, she worked at the World Bank in
Washington, D.C.

"We are extremely pleased to welcome Dr. Moyo to our board," said Inge
G. Thulin, 3M Executive Chairman of the Board. "The combination of her
banking and financial services industry experience along with her
extensive knowledge of macroeconomics, geopolitics and global markets
will bring valuable insight to the 3M Board."

Active in the business community, Moyo currently serves as a director at
Barclays PLC and Chevron Corporation. She will serve on the 3M Board's
audit and finance committees.

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
or on Twitter @3M or @3MNews.

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