On February 10, 2026, Target Corporation announced that Lisa Roath has been appointed to the position of Executive Vice President and Chief Operating Officer, effective February 15, 2026. Ms. Roath, 48, has been employed by Target since 2006, most recently as Executive Vice President and Chief Merchandising Officer of Food, Essentials & Beauty (January 2025 to present), Executive Vice President and Chief Marketing Officer (July 2023 to January 2025), and Senior Vice President, Merchandising - Food & Beverage (July 2020 to July 2023). Also on February 10, 2026, Target announced that Rick Gomez, Executive Vice President and Chief Commercial Officer, will step down from his role, effective February 15, 2026.

At such time, Mr. Gomez will transition to an advisor role and serve as a non-executive officer until April 17, 2026, pursuant to an agreement between Target and Mr. Gomez, entered into on February 6, 2026.