Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 0

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 0
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TABLE OF CONTENTS

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box:

| ☐ | Preliminary Proxy Statement |

| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |

| ☒ | Definitive Proxy Statement |

| ☐ | Definitive Additional Materials |

| ☐ | Soliciting Material pursuant to §240.14a-12 |

| BEST BUY CO., INC.                                                       |
| (Name of Registrant as Specified In Its Charter)                         |
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) |

Payment of Filing Fee (Check all boxes that apply):

| ☒ |     | No fee required                                                                                     |
| ☐ |     | Fee paid previously with preliminary materials                                                      |
| ☐ |     | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |

TABLE OF CONTENTS

TABLE OF CONTENTS

| BEST BUY CO., INC.         
 7601 Penn Avenue South     
 Richfield, Minnesota 55423 |

| Notice of 2025 |

Regular Meeting of Shareholders

| Time                                                                                                                                                                                      
 9:00 a.m., Central Time                                                                                                                                                                   
 Friday, June 13, 2025                                                                                                                                                                     
 Place                                                                                                                                                                                     
 Online at                                                                                                                                                                                 
 www.virtualshareholdermeeting.com/BBY2025                                                                                                                                                 |
|:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Internet                                                                                                                                                                                  
 Submit pre-meeting questions online by visitingwww.proxyvote.comand attend the Regular Meeting of Shareholders online atwww.virtualshareholdermeeting.com/BBY2025                         |
| Record Date                                                                                                                                                                               
 You may vote if you were a shareholder of                                                                                                                                                 
 Best Buy Co., Inc. as of the close of business                                                                                                                                            
 on Monday, April 14, 2025.                                                                                                                                                                |
| IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE REGULAR MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 13, 2025:                                                       |
| This Notice of 2025 Regular Meeting of Share