Best Buy 2009 Annual Report Download - page 72

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4DEC200710025207
• The provision for amending Article X, which The affirmative vote of at least a majority of the voting
would generally require the affirmative vote of at power of the shares present, in person or by proxy, and
least 662⁄3% of the then-outstanding shares entitled to vote (excluding broker non-votes) is required
entitled to vote. to approve each of the two amendments.
IT IS INTENDED THAT, UNLESS OTHERWISE
Board Voting Recommendation INSTRUCTED, THE SHARES REPRESENTED BY THE
The Board approved each of the two amendments to PROXY (OTHER THAN BROKER NON-VOTES) WILL BE
Article X of our Amended and Restated Articles of VOTED ‘‘FOR’’ EACH OF THE TWO PROPOSALS TO
Incorporation described above, and recommends that AMEND ARTICLE X OF THE AMENDED AND RESTATED
shareholders vote FOR each of the amendments. ARTICLES OF INCORPORATION.
OTHER BUSINESS
Management and the Board are not aware of any other Meeting, the Proxy Agents will vote the shares they
item of business that will be addressed at the Meeting. If represent as the Board recommends.
any other item of business is properly brought before the
PROPOSALS FOR THE NEXT REGULAR MEETING
Any shareholder proposal intended to be presented for Any shareholder proposal received after that date and
consideration at our 2010 Regular Meeting of intended to be presented for consideration at our 2010
Shareholders and to be included in our proxy statement Regular Meeting of Shareholders, though not included
for that meeting must be received no later than in our proxy statement, will be considered untimely if
January 11, 2010, at our principal executive office, received after March 29, 2010. In the event of an
addressed as follows: untimely proposal, our designated proxy agents may
have discretionary authority to vote on such proposal.
Best Buy Co., Inc.
Attn: Legal Department B6
7601 Penn Avenue South
Richfield, Minnesota 55423
By Order of the Board of Directors
Elliot S. Kaplan
Secretary
May 12, 2009
72