BEST BUY CO INC 10-Q

Item 4. Controls and Procedures We maintain disclosure controls and procedures that are designed to ensure that information required to be disclosed in the reports we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the U.S. Securities and Exchange Commission’s (“SEC”) rules and forms, and that such information is accumulated and communicated to our management, including our Chief Executive Officer (principal executive officer) and Chief Financial Officer (principal financial officer), to allow timely decisions regarding required disclosure. We have established a Disclosure Committee, consisting of certain members of management, to assist in this evaluation. The Disclosure Committee meets on a regular quarterly basis and more often if necessary. 23 Table of Contents Our management, including our Chief Executive Officer and Chief Financial Officer, evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) promulgated under the Exchange Act), at October 29, 2022. Based on that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, at October 29, 2022, our disclosure controls and procedures were effective. There were no changes in internal control over financial reporting during the fiscal quarter ended October 29, 2022, that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting. PART II — OTHER INFORMATION Ite m 1. Legal Proceedings For information about our legal proceedings, see Note 11, Contingencies , of the Notes to Condensed Consolidated Financial Statements, included in this Quarterly Report on Form 10-Q. Ite m 6. Exhibits 3.1 Amended and Restated Articles of Incorporation (incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K filed by Best Buy Co., Inc. on June 12, 2020) 3.2 Amended and Restated By-Laws (incorporated herein by reference to Exhibit 3.1 to the Current Report on Form 8-K filed by Best Buy Co., Inc. on June 14, 2018) 31.1 Certification of the Chief Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2 Certification of the Chief Financial Officer pursuant to Rules 13a-14(a) and 15d-14(a) under the Securities Exchange Act of 1934, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1 Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (1) 32.2 Certification of the Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (1) 101 The following financial information from our Quarterly Report on Form 10-Q for the third quarter of fiscal 2023, filed with the SEC on December 6, 2022, formatted in Inline Extensible Business Reporting Language (“iXBRL”): (i) the Condensed Consolidated Balance Sheets as of October 29, 2022, January 29, 2022, and October 30, 2021, (ii) the Condensed Consolidated Statements of Earnings for the three and nine months ended October 29, 2022, and October 30, 2021, (iii) the Condensed Consolidated Statements of Comprehensive Income for the three and nine months ended October 29, 2022, and October 30, 2021, (iv) the Condensed Consolidated Statements of Cash Flows for the nine months ended October 29, 2022, and October 30, 2021, (v) the Condensed Consolidated Statements of Changes in Shareholders’ Equity for the three and nine months ended October 29, 2022, and October 30, 2021, and (vi) the Notes to Condensed Consolidated Financial Statements. 104 The cover page from our Quarterly Report on Form 10-Q for the third quarter of fiscal 2023, filed with the SEC on December 6, 2022, formatted in iXBRL (included as Exhibit 101). (1) The certifications in Exhibit 32.1 and Exhibit 32.2 to this Quarterly Report on Form 10-Q shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to liability of that section and shall not be incorporated by reference into any filing or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing or document. Pursuant to Item 601(b)(4)(iii) of Regulation S-K under the Securities Act of 1933, as amended, the registrant has not filed as exhibits to this Quarterly Report on Form 10-Q certain instruments with respect to long-term debt under which the amount of securities authorized does not exceed 10% of the total assets of the registrant. The registrant hereby agrees to furnish copies of all such instruments to the SEC upon request. ‎ 24 Table of Contents SIGN ATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BEST BUY CO., INC. (Registrant) Date: December 6, 2022 By: /s/ CORIE BARRY Corie Barry Chief Executive Officer Date: December 6, 2022 By: /s/ MATTHEW BILUNAS Matthew Bilunas Chief Financial Officer Date: December 6, 2022 By: /s/ MATHEW R. WATSON Mathew R. Watson Senior Vice President, Finance – Controller and Chief Accounting Officer 25