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8-K exhibit

Best Buy Co. · 8-K exhibit

BBY · Consumer Discretionary

Filed 2025-11-26 · CY2025 Q4 · Company’s FY2025 Q4 · 313 words

Read the original on sec.gov ↗

Palanor summary

Best Buy appointed Dylan Jadeja, CEO of Riot Games, to its board. Jadeja brings experience in strategy, finance, operations, digital content, and gaming from his decade-plus at Riot Games and prior role at Goldman Sachs. CEO Corie Barry cited his expertise in consumer brands and digital commerce as relevant for omnichannel execution and new revenue development. The appointment is effective immediately.

Written by Palanor from the full document. Not the company’s words.

Sentiment

+0.65

Confidence

55%

Scored on the whole document. No single passage carries these two numbers, so none is highlighted.

EX-99.12exhibit991newsrelease1201.htmEX-99.1 Document

Exhibit 99.1

Best Buy Appoints Dylan Jadeja to Board of Directors

MINNEAPOLIS, December 1, 2025 – Best Buy Co., Inc. has appointed Dylan Jadeja, the chief executive officer of Riot Games, to its Board of Directors, effective immediately.

Jadeja has served as the chief executive officer of Riot Games since July 2023 and has been a member of its executive team for more than a decade. Riot Games, a prominent video game developer and publisher, was founded in 2006 with the goal to create and support the most player-focused games in the world. One of the company’s most well-known titles, League of Legends, is a prime example of that mission.

Jadeja brings to Best Buy’s Board of Directors T1extensive knowledge and experience across strategy, finance, operations, digital and social content and of course, the gaming industry. Prior to becoming CEO, Jadeja served in several leadership roles for Riot Games; he joined the company as its chief financial officer in 2011 and later served as its president. Before joining Riot Games, Jadeja was a leader within the Consumer Retail Coverage team at Goldman Sachs.

“T2Dylan’s expertise in consumer brands, digital commerce and serving passionate global player communities will bring critical enhancements to our Board. I’m excited to welcome him to our company,” says Corie Barry, chief executive officer at Best Buy. “I look forward to Dylan’s insights and guidance T3as we focus deeper on creating seamless omnichannel experiences for our customers and T4developing new streams of revenue to help fuel our growth.”

“I’m honored to have the opportunity to join such a trusted, mission-driven brand that has connected deeply with consumers for nearly 60 years,” says Jadeja. “T5Best Buy’s evolution into a company that brings new technology to life – in stores, online, and in-home – is incredibly compelling, and I look forward to contributing to the team on that journey.”

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Mentions · how they’re counted

CategoryUnderlinedWord counterModel’s count
AI

AI, artificial intelligence, generative AI, machine learning, large language model, LLM

000
Layoffs

layoffs, RIF, headcount reduction, workforce optimization, restructuring

0—0
Recession

recession, downturn, contraction, slowdown

000
Tariffs

tariff, trade war, trade barriers, trade restrictions, trade policy

000
Buybacks

share repurchase, buyback program

0—0

Underlines use the same word lists the scores use. AI, recession and tariffs follow Palanor’s word counter, so those counts match it exactly on the same text. Layoffs and buybacks use the terms the model was given. The model’s count is an estimate by meaning, not by string, so it can differ from the underlines.

Source: SEC EDGAR · public domain · Highlights by Palanor