Best Buy Fiscal Year 2022 ESG Report | 81 Scholars . Best Buy Scholars. To support students and build a diverse talent pipeline across the country, Best Buy has committed to providing $44 million to expand college prep and career opportunities for students from disinvested communities, as well as BIPOC students. As part of those efforts, we partner with the United Negro College Fund (UNCF) and University of Minnesota’s Carlson School of Management to make a college degree more accessible for students from disinvested communities, including those who were Teen Tech Center participants. Through our partnership with UNCF, we support scholars to attend a variety of post-secondary institutions , including traditional four- year institutions, HBCUs, and technical and community colleges. Each scholar is eligible to receive up to $20,000 in financial assistance each year for up to four years. Geek Squad Academy. Geek Squad Academy (GSA) is a two-day tech camp for middle school- aged students run by Best Buy employee volunteers. The program sparks excitement and interest in tech through a series of high energy, interactive classes on topics such as robotics, music production and coding. In a typical year, we host approximately 50-60 camps around the country. In FY22, we shifted the GSA program to a virtual, on-demand environment. Our Geek Squad Agents created a suite of free online courses designed for students between the ages of 9 and 18, including topics such as smartphone photography, binary coding, and video game and website design.

Best Buy ESG Report - Page 81 Best Buy ESG Report Page 80 Page 82