Best Buy 2006 Annual Report Download - page 109

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95
PART III
PART III
Item 10. Directors and Executive Officers of the
Registrant.
Directors
The information provided under the captions “Security
Ownership of Certain Beneficial Owners and Management”
and “Nominees and Direct ors” in the Proxy Statementis
incorporated herein by reference.
Executive Officers
Information regarding ourExecutive Officers is furnished in
a separate item captioned “Executive Officers of the
Registrant” and included in Part I of this Annual Report on
Form 10-K.
Family Relationships
The nature of all family relationships between any director,
executive officer or person nominated to become a director
is stated under the captions “Nominees and Directors” and
“Certain Relationships and Related-Party Transactions” in
the Proxy Statement andis incorporated herein by
reference.
Audit Committee Financial Expert and
Identification of the Audit Committee
The information provided under the caption “Audit
Committee Report” in the Proxy Statement, regardingthe
Audit Committee financial expert and the identification of
the Audit Committee members, is incorporated herein by
reference.
Director Nomination Process
The information provided under the caption “Director
Nomination Process” in the Proxy Statement is incorporated
herein by reference. There have been no material changes
to the procedures by which shareholders may recommend
nominees to our Board.
Compliance with Section 16(a) of the
Exchange Act
The information provided under the caption
“Section 16(a) Beneficial Ownership Reporting
Compliance” in the Proxy Statement is incorporated herein
by reference.
Code of Ethics
In February 2004, ourBoard adopted ourCode of Business
Ethics that applies to our directors and all of our
employees,including our Chief Executive Officer and our
Chief Financial Officer. OurCode of Business Ethics is
available on our Web site, www.BestBuy.com — select the
“For Our Investors” link and then the “Corporate
Governance” link.
A copy of our Code of Business Ethics may alsobe
obtained, without charge, uponwritten request to:
Best Buy Co., Inc.
Investor Relations Department
7601 Penn Avenue South
Richfield, MN55423-3645
We intend to satisfy the disclosure requirement under Item
5.05 of Form 8-K regarding an amendment to, or a waiver
from, aprovision of our Code of Business Ethics that
applies to ourChief ExecutiveOfficer orChief Financial
Officer by posting such information within two business days
of any such amendment or waiver on ourWeb site,
www.BestBuy.com— select the “ForOur Investors” link and
then the “Corporate Governance” link.
Item 11. Executive Compensation.
The information set forth under the caption “Executive
Compensation” in the Proxy Statement is incorporated
herein byreference.
Item 12. Security Ownership of Certain Beneficial
Owners and Management and Related
Stockholder Matters.
Securities Authorized for Issuance Under Equity
Compensation Plans
The information set forth under the caption “Equity
Compensation Plan Information” in the Proxy Statement
regarding securities authorized for issuance under equity
compensation plans, is incorporated herein by reference.
Security Ownership of Certain Beneficial Owners
and Management
The information provided under the caption “Security
Ownership of Certain Beneficial Owners and Management”
in the Proxy Statement is incorporated herein by reference.