3M Company Enters Expanded Strategic Commercial Relationship With Amazon Subsidiary On Oct 19, 2026; Issues Warrant To Amazon Subsidiary For 3,162,015 Shares At $164.89 Per Share; 85% Of Warrant Shares Vest With Amazon Payments; Full Vesting At $6B Cumulative Payments

On October 19, 2026, 3M Company entered into an expanded strategic commercial relationship with an Amazon subsidiary, issuing a warrant for 3,162,015 shares at $164.89 each. 85% of the shares will vest based on payments from Amazon for optical connectivity and Data Center products, with full vesting occurring at $6 billion in cumulative payments. The remaining shares will vest based on specific event-based milestones.