Best Buy Fiscal Year 2022 ESG Report | 3 Message from our CEO . Fiscal 2022 was another record year for Best Buy. Our leaders continued to drive new ways of operating, and our employees worked tirelessly to support our customers’ technology needs in knowledgeable, fast and convenient ways — helping us produce record revenue and earnings. We navigated the prolonged impacts of the pandemic while taking significant steps toward building our future. Our purpose to enrich lives through technology is more relevant today than ever and represents the basis for how we deliver value to our customers, employees, shareholders, and the communities we live in. While we started as a music retailer selling fun-to-have products, we are now focused on delivering our vision to humanize and personalize technology solutions for every stage of life. We are the only company, in all channels and at scale, that can inspire you with technology’s possibilities, design your personalized solutions, install and connect all of it, keep it working when issues arise and help you responsibly get rid of it when it is no longer needed. As a purpose-driven company, we continued to deepen our commitment to our community and the environment. We believe that our Environmental, Social and Governance efforts are not just the right thing to do, but directly tied to long-term value creation and business success. During fiscal 2022, we made significant commitments to drive supplier diversity, expand our Best Buy Teen Tech Center® program and reduce our carbon footprint. You will see the details on our initiatives in the following pages. We are honored to be recognized for these efforts. For the seventh year in a row, Best Buy was named to Fortune’s list of the World’s Most Admired Companies, where we ranked third in the category for specialty retailers. We were also named to the 2022 JUST 100 list, recognizing companies for doing right by all their stakeholders, including our employees, customers, communities, and the environment. Finally, Barron’s ranked Best Buy No. 4 on its prestigious list of 100 most sustainable companies, representing the fifth year in a row we have ranked in the Top 5. To my colleagues across the company, my heartfelt thank you for your dedication and all you do every day on behalf of our customers. I would also like to thank you — our customers, stakeholders, and shareholders — for your continued support, confidence and partnership. Respectfully, Corie Barry, CEO, Best Buy Co., Inc.