Best Buy Fiscal Year 2022 ESG Report | 8 Best Buy has been reporting yearly on a variety of Environmental, Social and Governance (ESG) topics since 2006. This report includes our operations in the U.S. and Canada, reflecting the fiscal year ending January 29, 2022 (FY22) unless otherwise stated. The Responsible Sourcing section reflects only our private label manufacturing. This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option. Our Scope 1, 2 and 3 emissions data is externally verified by Optera. Other frameworks referenced or taken into account include Sustainability Accounting Standards Board (SASB), Task Force on Climate-Related Financial Disclosures (TCFD) and Sustainable Development Goals (SDGs). Best Buy also reports to CDP. For more information and full financial disclosures, please see the Best Buy FY22 Annual Report on Form 10-K at Investors.BestBuy.com . Feedback about this report is welcome at [email protected] . Through a materiality assessment including stakeholder surveys and interviews, ESG issues were plotted on a matrix based on a five-year outlook. All of the issues listed are of high importance to both external stakeholders and our business, however, the issues were categorized by the degree to which internal and external stakeholders believe we should intensify our efforts to grow our business. We recently added three new ESG issues to our materiality matrix: early childhood education, environmental justice and health equity. Best Buy is exploring how we can use our unique assets and capabilities to help alleviate urgent societal needs in these areas. About this report . Materiality matrix

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