Best Buy Fiscal Year 2022 ESG Report | 85 ESG Governance . Our ESG governance starts at the highest level of our company. Given the depth and breadth of risks relating to ESG matters, we share oversight and responsibility for such risks across the entire Board and all of its committees, leveraging the expertise of each member. • The Nominating, Corporate Governance and Public Policy Committee oversees Best Buy’s governance, ESG strategy and ESG reputational risks by way of quarterly discussions with management on our environmental goals and progress, social responsibility programs, and public policy positions and advocacy. • The Audit Committee plays a significant role in the oversight of our ESG risks related to compliance, including ethics and environmental and safety audits. • The Compensation Committee oversees Best Buy’s human capital management and DE&I related risks through a rigorous regular review of our strategies and programs. The committee continues to evaluate how to appropriately incorporate ESG metrics into its Executive Compensation program. • The Finance & Investment Policy Committee focuses on the risks of our ESG-related financial investments, such as our solar energy investments. Our Chief Communications and Public Affairs Officer, a direct report of the CEO, holds ultimate responsibility for all environmental and social impact work. In addition, leaders from across the company participate in our ESG Steering Committee, which advises on strategy and supports business integration.

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