Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 32

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 32
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 Election of Directors __________________________ Voting Information You may vote for all, some or none of the nominees for election to the Board. However, you may not vote for more individuals than the number nominated. Each of the nominees has agreed to continue serving as a director if elected. However, if any nominee becomes unwilling or unable to serve and the Board elects to fill the vacancy, the Proxy Agents named in the proxy will vote for an alternative person nominated by the Board. Our Articles prohibit cumulative voting, which means you can vote only once for any nominee. The affirmative vote of a majority of the votes cast with respect to the director is required to elect a director. Proxy cards that are properly executed will be voted for the election of all of the nominees unless otherwise specified. Board Voting Recommendation The Board recommends a vote FOR the election of Corie S. Barry, Lisa M. Caputo, David W. Kenny, David C. Kimbell, Mario J. Marte, Karen A. McLoughlin, Claudia F. Munce, Richelle P. Parham, Steven E. Rendle, Sima D. Sistani, and Melinda D. Whittington for a term of one year. All of the nominees are current members of the Board.

| 44 |     | 2025 Proxy Statement |

TABLE OF CONTENTS

Security Ownership of Certain Beneficial Owners and Management The following table provides information about the number of shares of our common stock beneficially owned on March 31, 2025 (unless otherwise indicated), by each of our named executive officers. The table provides similar information for each director and director nominee, all directors and executive officers as a group, and each person, or any group that we know who beneficially owns more than 5% of the outstanding shares of our common stock.

| Name and Address(1)                                                       |     | Number of Shares   
 Beneficially Owned |     | Percent of Shares  
 Beneficially Owned |
| Corie Barry, Chief Executive Officer and Director                         |     | 478,983(2)         |     | *                  |
| Matt Bilunas, Senior Executive Vice President,                            
 Chief Financial Officer & Enterprise Strategy                             |     | 10,279(3)          |     | *                  |
| Jason Bonfig, Senior Executive Vice President,                            
 Customer Offering, Fulfillment & Best Buy Canada                          |     | 62,137(4)          |     | *                  |
| Damien Harmon, Senior Executive Vice President,                           
 Channel &