The Board of Directors of Best Buy Co., Inc. (NYSE:BBY) has authorized the payment of a regular quarterly cash dividend of $0.92 per common share. The quarterly dividend is payable on April 13, 2023, to shareholders of record as of the close of business on March 23, 2023. The company had 218,183,759 shares of common stock issued and outstanding as of January 28, 2023.

Investor Contact: Mollie O’Brien investorrelations@bestbuy.com Media Contact: Carly Charlson press@bestbuy.com

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