Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 4

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 4
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 the shareholder proposal requesting that our Board publish a public report on our LGBTQIA+ inclusion efforts in our human capital management strategy. The proposal and our opposition statement can be found starting on page101. |     | AGAINST        |
| 8                     |     | Shareholder Proposal – Publish Climate Transition Plan to Achieve Stated Goals, if properly presented                                                                                                                                                               
 We are seeking your vote against the shareholder proposal requesting that our Board issue a climate transition action plan above and beyond our existing disclosure. The proposal and our opposition statement can be found starting on page104.                    |     | AGAINST        |

Attending the Meeting How will the Meeting be conducted? The Meeting will be conducted online, in a fashion similar to an in-person meeting. Our Board members and executive officers will attend the Meeting and be available for questions. You may attend the Meeting online, vote your shares electronically and submit your questions during the Meeting by visiting our virtual shareholder forum at www.virtualshareholdermeeting.com/BBY2025and following the instructions on your proxy card. How can I ask questions during the Meeting? Questions may be submitted prior to the Meeting, or you may submit questions during the Meeting through our virtual shareholder forum. We are committed to acknowledging questions we receive in the time allotted. We will allot approximately fifteen minutes for questions during the Meeting and submitted questions must follow our Rules of Conduct in order to be addressed during the Meeting. If we are unable to answer your question during the Meeting due to time constraints, you are encouraged to contact the Best Buy Investor Relations department at investorrelations@bestbuy.com. Our Rules of Conduct are posted on the forum. What can I do if I need technical assistance during the Meeting? If you encounter any difficulties accessing the virtual Meeting during the check-in or Meeting time, please call the technical support number that will be posted on the Virtual Shareholder Meeting log-in page.

| 2 |     | 2025 Proxy Statement |

TABLE OF CONTENTS __________________________________ Proxy Summary

If I can’t attend the Meeting, can I vote or listen to it later? You do not need to attend the online Meeting to vote if you submitted your vote via proxy in advance of the Meeting. A replay of the Meeting, including the questions answered during the Meeting, will be available on www.investors.bestbuy.com. Additional information about how to vote your shares and attend our Meeting can be found in the General Informationsection of this proxy statement. Corporate Governance Our longstanding approach to corporate governance is to develop and implement principles that: (1) enable the