On May 5, 2021, Best Buy Co., Inc. filed a definitive proxy statement soliciting proxies and urged the shareholders to vote against a shareholder proposal, requesting the Company board of directors take the steps necessary to permit written consent by shareholders entitled to cast the minimum number of votes that would be necessary to authorize the action at a meeting at which all shareholders entitled to vote thereon were present and voting, submitted by John Chevedden at the Company’s annual shareholders meeting scheduled to be held on June 16, 2021.