Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 12

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 12
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 the Meeting, the Proxy Agents will vote the shares subject to your proxy in their discretion. Discretionary authority for them to do so is contained in the proxy. How many votes do I have? You have one vote for each share you own, and you can vote those shares for each item of business to be addressed at the Meeting. How many shares must be present to hold a valid Meeting? For us to hold a valid Meeting, we must have a quorum. In order to have a quorum, a majority of the outstanding shares of our common stock that are entitled to vote need to be present or represented by proxy at the Meeting. Your shares will be counted as present at the Meeting if you:

| • | Vote prior to the Meeting via the internet or by telephone; |

| • | Properly submit a proxy card (even if you do not provide voting instructions); or |

| • | Vote while attending the Meeting online. |

Abstentions and shares represented by “broker non-votes,” as described below, are counted as present and entitled to vote for purposes of determining a quorum. What are broker non-votes? Brokers and banks have discretionary authority to vote shares in the absence of instructions on matters the New York Stock Exchange (“NYSE”) considers “routine,” such as Item 2. They do not have discretionary authority to vote shares in the absence of instructions on “non-routine” matters, such as Items 1 and 3 through 8. Broker non-votes will not be counted as shares entitled to vote on any of the foregoing non-routine matters.

| 14 |     | 2025 Proxy Statement |

TABLE OF CONTENTS _________________________________ General Information

What if I change my mind after I vote via proxy? If you are a shareholder of record, you may revoke your proxy at any time before your shares are voted by:

| • | Submitting a later-dated proxy prior to the Meeting (by mail, internet or telephone); |

| • | Voting online during the Meeting (attendance will not, by itself, revoke a proxy); or |

| • | Providing written notice of revocation to Best Buy’s Secretary at our principal office at any time before your shares are voted. |

If your shares are held in a brokerage account by a broker, bank or other nominee, you should follow the instructions provided by your broker, bank or other nominee. Who will count the vote? Representatives of Broadridge will tabulate the vote and act as the inspector of elections. Where can I