Summary by Futu AI
At the 3M Annual Meeting of Shareholders held on May 14, 2024, several key decisions were made regarding the company's governance and oversight. Shareholders elected all twelve nominees to the Board of Directors for a one-year term, with each nominee receiving a majority of the votes cast. Additionally, the appointment of PricewaterhouseCoopers LLP as 3M's independent registered public accounting firm for 2024 was ratified by the shareholders. However, two proposals were not approved: the compensation of the Company’s Named Executive Officers and the shareholder proposal on enhanced share ownership policy. The voting results were determined in accordance with the General Corporation Law of the State of Delaware, where abstentions and broker non-votes were not counted as votes for or against the proposals but abstentions were counted as entitled to vote, thus having the effect of a vote against.