Best Buy 2010 Annual Report Download - page 25

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SECTION 16(a) BENEFICIAL OWNERSHIP REPORTING
COMPLIANCE
Section 16(a) of the Securities Exchange Act of 1934 the reporting requirements during the fiscal year ended
requires that our directors, executive officers and February 27, 2010, except that (i) due to administrative
shareholders who own more than 10% of our common delay, a report was not filed in a timely manner for a
stock file initial reports of ownership with the SEC and purchase of common stock on April 2, 2009, by
the NYSE. They must also file reports of changes in Mr. James; (ii) due to administrative delay, a report was
ownership with the SEC and the NYSE. In addition, they not filed in a timely manner for a grant of stock options
are required by SEC regulations to provide us copies of on June 23, 2009, to the spouse of Michael J. Pratt,
all Section 16(a) reports that they file with the SEC. President and Chief Operating Officer — Best Buy
Based solely on a review of such Section 16(a) reports, Canada; and (iii) due to administrative delay, a report
management and the Board believe our directors, was not filed in a timely manner for several transfers of
executive officers and shareholders who own more than common stock on December 28, 2009, by
10% of our outstanding equity securities complied with Mr. Anderson.
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