The majority of the seven-year warrant—roughly 85%—is tied to a performance threshold requiring Amazon to spend $6 billion on 3M products. The remaining 15% of the shares will unlock based on separate event-based milestones. This tiered structure signals a long-term commitment to integrating 3M technology into Amazon’s expanding data center footprint.

Investors responded positively to the announcement, with 3M shares climbing 3.7% to $168 in after-hours trading on Monday. By aligning the equity grant with actual product consumption, 3M effectively incentivizes sustained purchasing volume from its tech-giant partner over the coming years.