What if I change my mind after I vote via proxy?
If you are a shareholder of record, you may revoke your proxy at
any time before your shares are voted by:
Submitting a later-dated proxy prior to the Meeting (by mail,
internet or telephone);
Voting online during the Meeting (attendance will not, by itself,
revoke a proxy); or
Providing written notice of revocation to Best Buy’s Secretary at
our principal office at any time before your shares are
If your shares are held in a brokerage account by a broker, bank or
other nominee, you should follow the instructions provided by your
broker, bank or other nominee.
Who will count the vote?
Representatives of Broadridge will tabulate the vote and act as the
inspector of elections.
Where can I find the voting results of the Meeting?
We plan to publish the final voting results in a Current Report on
Form 8-K (“Form 8-K”) filed within four business days of the
Meeting. If final voting results are not available within the four
business day timeframe, we plan to file a Form 8-K disclosing
preliminary voting results within the required four business days,
to be followed as soon as practicable by an amendment to the Form
8-K containing final voting results.
How are proxies solicited?
We expect to solicit proxies primarily by internet and mail, but
our directors, officers, other employees and agents may also
solicit proxies in person, by telephone, through electronic
communication and by facsimile transmission. We will request that
brokerage firms, banks, other custodians, nominees, fiduciaries and
other representatives of shareholders forward the Notice of
Internet Availability and, as applicable, the proxy materials and
Annual Reports themselves, to the beneficial owners of our common
stock. Our directors and employees do not receive additional
compensation for soliciting shareholder proxies. We have retained
Georgeson Inc. as our proxy solicitor for a fee estimated to be
$16,500, plus reimbursement of out-of-pocket expenses.
Who will pay for the cost of soliciting proxies?
We pay all of the costs of preparing, printing and distributing our
proxy materials. We will reimburse brokerage firms, banks and other
representatives of shareholders for reasonable expenses incurred as
defined in the NYSE schedule of charges in connection with proxy
How can multiple shareholders sharing the same address request to
receive only one set of proxy materials and other investor
You may elect to receive future proxy materials, as well as other
investor communications, in a single package per address. This
practice, known as “householding,” is designed to reduce our paper
use and printing and postage costs. To make the election, please
indicate on your proxy card under “Householding Election” your
consent to receive such communications in a single package per
address. Once we receive your consent, we will send a single
package per household until you revoke your consent or request
separate copies of our proxy materials by notifying our Investor
Relations Department in writing at 7601 Penn Avenue South,
Richfield, MN, 55423, or by telephone at 612-291-6147. We will
start sending you individual copies of proxy materials and other
investor communications following receipt of your revocation.
Can I receive the proxy materials electronically?
Yes. All shareholders may access our proxy materials electronically
via the internet. We encourage our shareholders to access our proxy
materials via the internet because it reduces the expenses for, and
the environmental impact of, our shareholder meetings. You may opt
to receive paper copies of proxy materials, including our Annual
Report, proxy statement and proxy card at no cost to you, by
following the instructions on your Notice of Internet