Best Buy Fiscal Year 2022 ESG Report | 13 Water scarcity is a growing, worldwide issue. Our business relies on healthy watersheds in the regions where we operate and many of the products we sell, like washing machines and dishwashers, are dependent on water. By taking steps to reduce our water consumption and helping our customers to do the same, especially in water-scarce regions, we aim to make this resource more abundant and readily available to the communities we serve. In 2020, we formed an internal Water Stewardship Action Committee, a cross-functional group of employees who share a common goal to help reduce water usage in our operations and for our customers. Through this committee, we set our first water-reduction targets, including a goal to reduce enterprise water usage 15% by 2025. We have also identified water-stressed areas that we are focusing on to lessen our dependence on water — and the results are significant. In 2021, we used approximately 1 million cubic meters of water in our U.S. and Canadian operations. This is a reduction of more than 24% over 2019. We recognize that our water usage in 2021 was driven largely due to fewer customers in our stores because of the COVID-19 pandemic. Though we reduced our water usage significantly in 2021, we expect a rebound in water usage in 2022, when business operations potentially return to pre-pandemic levels. Our full Water Corporate Statement can be found at Corporate.BestBuy.com/Sustainability . Water management . Water use in U.S. and Canada: 1.30M cubic meters in 2018 1.26M cubic meters in 2019 961K cubic meters in 2020 Best Buy Fiscal Year 2022 ESG Report | 13 1M cubic meters in 2021

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