Best Buy Fiscal Year 2022 ESG Report | 74 Social impact . We are committed to helping prepare teens from disinvested communities for the careers of the future. By creating ways for young people to access the training, tools and mentorship needed to succeed in post- secondary opportunities and their careers, we’re building a diverse talent pipeline for Best Buy and other companies. We are proud of our social impact initiatives, and we know that we can do more when we collaborate. Our work is made possible through a network of dedicated employees, community organizations, vendor partners and philanthropic supporters. Together, we’re making sure that every young person has the technology, training and mentorship they need to succeed. Our commitments. • Reaching 30,000 teens annually from disinvested communities across the nation by working with a network of community partners and building 100 Best Buy Teen Tech Centers to build a talent pipeline for a modern economy. • We plan to spend $44 million by 2025 to expand college preparation and career opportunities for BIPOC students, including adding scholarships for Historically Black Colleges and Universities students and increasing scholarship funding for Best Buy Teen Tech Center youth. • Expanding opportunity for BIPOC teens in our home market of the Twin Cities by investing in more local Teen Tech Centers, creating a scholarship fund specifically for Twin Cities-based teens, committing to hosting interns from Teen Tech Centers and other program partners, and offering jobs across the company to teens.