Company: BBY
Filing Date: 2025-05-01
Form Type: DEF 14A
Source: 0001140361-25-016935
Chunk: 99

Company: BEST BUY CO INC
Filing Date: 2025-05-01
Form: DEF 14A
Chunk 99
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id-woke-backlash |

| 8 | https://www.washingtonexaminer.com/policy/economy/disney-has-lost-50-billion-on-value-since-war-with-florida-began; https://www.hollywoodreporter.com/business/business-new/disney-stock-2022-1235289239/; https://markets.businessinsider.com/news/stocks/disney-stock-price-decline-bob-iger-pandemic-inflation-recession-streaming-2022-12 |

| 9 | https://www.dailymail.co.uk/news/article-13220723/Planet-Fitness-Value-Falls-Trans-row.html |

| 10 | https://www.nbcnews.com/business/business-news/lowes-becomes-later-paring-back-dei-efforts-rcna168380; https://www.cnsnews.com/news/lowes-dei-harley-davidson-john-deere-tractor-supply/; https://x.com/harleydavidson/status/1825564138032234994; https://www.foxnews.com/lifestyle/jack-daniels-renounces-woke-agenda-latest-iconic-us-brand-bring-sanity-back-business; https://corporate.tractorsupply.com/newsroom/news-releases/news-release-details/2024/Tractor-Supply-Company-Statement/default.aspx; https://www.cnbc.com/2024/11/26/walmart-pulls-back-on-dei-efforts-removes-some -lbgtq-merchandise-.html |

| 2025 Proxy Statement |     | 99 |

TABLE OF CONTENTS Item of Business No. 6 — Shareholder Proposal _________________________ Statement in Opposition The Board has carefully considered this proposal and does not believe that its adoption is in the best interests of Best Buy and its shareholders. The Board therefore unanimously recommends a vote AGAINSTthis proposal. Since its founding, Best Buy’s success has been driven by its people. This is reflected in our Company values, which were established decades ago and hold as true today as when our founder created them. These values focus, in part, on what it means to unleash the power of our people, as individuals, and learning from challenge and change so we can all develop, grow and be the best version of ourselves. With more than 80,000 employees and locations in several countries and in every U.S. state, we know that developing and sustaining a culture consistent with these values, where all of our