Best Buy Fiscal Year 2022 ESG Report | 43 Diversity, Equity & Inclusion . Development. Best Buy’s “Know, Grow, Move” framework enables a consistent company-wide approach to talent management and development with the goal to create an inclusive culture where people can bring their best selves forward in service of each other and our customers. This framework is anchored by several initiatives. Quarterly Conversations: Our success depends on shifting from traditional performance management practices to a culture of performance enablement — one of getting to know our talent and building trust, psychological safety and connection. To that end, in FY22 we introduced Quarterly Conversations. Quarterly Conversations are streamlined and completed consistently across the enterprise. The purpose of Quarterly Conversations is to enable meaningful connections between employees and their leaders. This is time dedicated to a strategic, forward-focused discussion to align work and development goals to career aspirations. Recently, we added questions to prompt additional conversations about DE&I and Inclusive Leadership Behaviors between employees and their leaders. Field Infiltrator program: Best Buy’s Field Infiltrator program is creating unique opportunities for employees in retail, field and support roles to share their experiences, perspectives and expertise, so we may improve employee and customer experiences.

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