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4DEC200710022363
BEST BUY CO., INC.
7601 Penn Avenue South
Richfield, Minnesota 55423
NOTICE OF 2009 REGULAR MEETING OF SHAREHOLDERS
Time: 9:30 a.m., Central Time, on Wednesday, June 24, 2009
Place: Best Buy Corporate Campus — Theater
7601 Penn Avenue South
Richfield, Minnesota 55423
Items of 1. To elect seven Class 2 directors to serve on our Board of Directors for a term of two years
Business: and to ratify the appointment of one Class 1 director.
2. To ratify the appointment of Deloitte & Touche LLP as our independent registered public
accounting firm for the fiscal year ending February 27, 2010.
3. To approve amendments to our 2004 Omnibus Stock and Incentive Plan, as amended.
4. To approve an amendment to Article IX of our Amended and Restated Articles of
Incorporation (‘‘Articles’’) to change the approval required for certain business combinations.
5. To approve an amendment to Article IX of our Articles to decrease the shareholder approval
required to amend Article IX.
6. To approve an amendment to Article IX of our Articles to decrease the shareholder approval
required to remove directors without cause.
7. To approve an amendment to Article IX of our Articles to decrease the shareholder approval
required to amend the classified board provisions in our Amended and Restated By-Laws.
8. To approve an amendment to Article X of our Articles to decrease the shareholder approval
required for certain repurchases of stock from substantial shareholders and make other
related changes.
9. To approve an amendment to Article X of our Articles to decrease the shareholder approval
required to amend Article X.
10. To transact such other business as may properly come before the meeting.
Record Date: You may vote if you were a shareholder of record of Best Buy Co., Inc. as of the close of business
on Monday, April 27, 2009.
Proxy Voting: Your vote is important. You may vote via proxy:
1. By visiting www.proxyvote.com on the Internet;
2. By calling (within the U.S. or Canada) toll-free at 1-800-690-6903; or
3. By signing and returning the enclosed proxy card.

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