2003 Other Charter: MMM3M Company Board of Directors
Public Issues Committee Charter
(As Amended February 10, 2003)
Purpose: The Public Issues Committee (the "Committee") of the Board of Directors of 3M Company reviews public policy issues and trends affecting the Company, reviews and advises with respect to the company's environmental, health and safety programs and compliance, human resources, the corporate contribution program and the 3M Foundation, and reviews and approves the Company's response to shareholder proposals relating to public policy issues.
Membership: The Committee's membership is determined by the Board and consists of at least three directors.
Roles and Responsibilities: The Committee:
Reviews public policy issues and trends affecting the Company.
Offers advice, insights and makes recommendations regarding policies, programs, actions and procedures which will assist the Company to respond appropriately to its social responsibilities and the public interest in its business affairs, including activities such as those related to the environment, human resources, labor, and community relations.
Reviews and advises with respect to the Company's environmental, health and safety programs and compliance; human resource programs and compliance; the corporate contribution program; and the 3M Foundation.
Review shareholder proposals relating to public policy issues and recommend to the Board the Company's response to such proposals.
Meetings, Reports, Charter Review, Performance Evaluation and Outside Advisors: The Committee shall:
Hold regular meetings of the Committee, reporting significant matters arising from such meetings to the Board. A majority of the members shall constitute a quorum. A majority of the members present shall decide any matter brought before the Committee.
Review and reassess the adequacy of this Charter at least annually and submit any changes to the Board for approval.
Conduct an annual performance evaluation of the Committee.
Have the authority to retain such outside counsel and any other advisors as the Committee may deem appropriate in its sole discretion. The Committee shall have sole authority to approve related fees and retention terms.
Aulana L. Peters
Linda G. Alvarado
Kevin W. Sharer
Louis W. Sullivan
Michael L. Eskew