19th Ave New York, NY 95822, USA

Ron Wilson Named President and Chief Operating Officer of Best Buy Canada

Burnaby, British Colombia, March 5, 2013 – Best Buy Co., Inc., the world’s largest consumer electronics retailer, today announced Ron Wilson as the new president and chief operating officer of its Canada operations, effective immediately. In this role, Wilson will lead the business in Canada under the Future Shop and Best Buy online brands.

“Ron has been an integral part of Best Buy’s success in Canada for more than two decades,” said Shari Ballard, executive vice president and president, Best Buy International. “His exceptional leadership skills, broad operating experience and strategic agility make him the right person to lead the organization during this important time as we look to continue our Renew Blue transformation across our business.”

As senior vice president of merchandising and eCommerce since 2008 for Best Buy Canada, Wilson led the strategic visions of www.bestbuy.ca and www.futureshop.ca, making them the most successful online electronics retail sites in Canada. Wilson previously managed several other units within Best Buy Canada, including merchandising, operations and marketing.

“I am very excited to take on this role with a company that I know so well and truly believe in,” said Wilson. “While we are clearly not satisfied with our recent performance, Best Buy Canada and Future Shop brands remain strong and I am committed to ensuring that we are well positioned in the market far into the future.”