DOCSLIB.ORG

Notice of 2021 Regular Meeting of Shareholders

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Notice of 2021 Regular Meeting of Shareholders BEST BUY CO., INC. 7601 Penn Avenue South Richfield, Minnesota 55423 NOTICE OF 2021 REGULAR MEETING OF SHAREHOLDERS Time: 9:00 a.m., Central Time, on Wednesday, June 16, 2021 Place: Online at www.virtualshareholdermeeting.com/BBY2021 Internet: Submit pre-meeting questions online by visiting www.proxyvote.com and attend the Regular Meeting of Shareholders online at www.virtualshareholdermeeting.com/BBY2021 Items of 1. To elect the eleven director nominees listed herein to serve on our Board of Business: Directors for a term of one year. 2. To ratify the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the fiscal year ending January 29, 2022. 3. To conduct a non-binding advisory vote to approve our named executive officer compensation. 4. To vote on a shareholder proposal, if properly presented at the meeting. 5. To transact such other business as may properly come before the meeting. Record Date: You may vote if you were a shareholder of Best Buy Co., Inc. as of the close of business on Monday, April 19, 2021. Proxy Voting: Your vote is important. You may vote via proxy as a shareholder of record: 1. By visiting www.proxyvote.com on the internet; 2. By calling (within the U.S. or Canada) toll-free at 1-800-690-6903; or 3. By signing and returning your proxy card if you have received paper materials. For shares held through a broker, bank or other nominee, you may vote by submitting voting instructions to your broker, bank or other nominee. Regardless of whether you expect to attend the meeting, please vote your shares in one of the ways outlined above. By Order of the Board of Directors Richfield, Minnesota Todd G. Hartman May 5, 2021 Secretary IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE REGULAR MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 16, 2021: This Notice of 2021 Regular Meeting of Shareholders and Proxy Statement and our Annual Report on Form 10-K for the fiscal year ended January 30, 2021, are available at www.proxyvote.com. Help us make a difference by eliminating paper proxy mailings to your home or business. As permitted by rules adopted by the U.S. Securities and Exchange Commission (‘‘SEC’’), we are furnishing proxy materials to our shareholders primarily via the internet. On or about May 5, 2021, we mailed or otherwise made available to our shareholders a Notice of Internet Availability containing instructions on how to access our proxy materials, including our proxy statement and our Annual Report. The Notice of Internet Availability also includes instructions to access your form of proxy to vote via the internet. Certain shareholders, in accordance with their prior requests, have received e-mail notification of how to access our proxy materials and vote via the internet or have been mailed paper copies of our proxy materials and proxy card. Internet distribution of our proxy materials is designed to expedite receipt by our shareholders, lower the cost of the Regular Meeting of Shareholders and conserve precious natural resources. If you would prefer to receive paper proxy materials, please follow the instructions included in the Notice of Internet Availability. If you have previously elected to receive our proxy materials electronically, you will continue to receive e-mail notification with instructions to access these materials via the internet unless you elect otherwise. ATTENDING THE REGULAR MEETING OF SHAREHOLDERS • Like the past four years, we invite you to attend the 2021 Regular Meeting of Shareholders (the ‘‘Meeting’’) virtually. There will not be a physical meeting at the corporate campus. You will be able to attend the Meeting virtually, vote your shares electronically, and submit your questions during the Meeting by visiting: www.virtualshareholdermeeting.com/BBY2021 and following the instructions on your proxy card. • The Meeting starts at 9:00 a.m. Central Time. • You do not need to attend the Meeting online to vote if you submitted your vote via proxy in advance of the Meeting. • You can vote via telephone, the internet or by mail by following the instructions on your proxy card or voting instruction form provided by your broker, bank or other nominee. • A replay of the Meeting will be available on www.investors.bestbuy.com. A message from Patrick Doyle, Chairman of the Board of Directors Dear Shareholders, It’s a sincere honor to share with you my thoughts in my first letter to you as Chairman of the Best Buy Board of Directors. While clearly the COVID-19 pandemic dominated last year for us all, I’d like to use this letter to specifically focus on the role the Board played in supporting the Company’s remarkable response to the events of 2020. As always, both the Board and management team started with our employees and the customer. As Corie outlines in her letter to shareholders, ensuring we created a safe environment was our first priority. The Board and management had many discussions as the leadership team did a remarkable job in shifting to a safe operating model and effectively addressing employee and customer safety concerns due to the pandemic. Such safety concerns at the level we were dealing with had never been faced by most retailers and, in our view, none responded quite as well as Best Buy. In fact, on the question for ‘‘how safe do you feel shopping Best Buy?’’, the Company’s Net Promoter Scores were in the high 90s throughout all of last year and, in Barron’s magazine review of how companies responded to the pandemic, Best Buy received the top rating for all public companies in the country. We are proud of the recognition we received for the changes we made, but I am personally even more proud of the fact that making those changes – doing the right thing – was never a debate for the team. It was only a question of the best method for accomplishing that goal and the whole team moved decisively. With that done, we then worked to best fulfill customer needs and wants. While the pandemic accelerated purchasing cycles and, for many, compelled us to make technology purchases we may have never considered previously, Best Buy demonstrated this past year its distinct and consistent ability to find opportunity in the chaos. More to the point, it did what it has always done: it listened to the consumer and met them exactly where they needed to be met. The Board fully supported management in this regard with the most notable example being the degree to which it freed Company executives to make decisions in the best interests of customers and employees without being unduly worried about how it might affect revenue in the short term. Specifically, the early decision to close stores to customer traffic was something the Board was closely involved in and wholeheartedly supported. Best Buy retained about 80% of revenue during this brief period but, more importantly, it cemented its position as a company that would make the hard decisions. In support of this approach, the Compensation Committee proactively approved reductions in CEO and executive team salaries, as well as board member retainers, during the initial phases of the crisis. We then worked closely with senior management to craft what we considered to be a ‘‘shared success’’ program (focused on employee and customer safety, financial stability and strategic progress) as our short-term incentive in the second half of the year, after suspending that incentive program in the first half of last year as part of our efforts to bolster the strength of our balance sheet. These decisions were yet another example of the Board explicitly seeking to balance the interests of employees, consumers and shareholders in a time of significant uncertainty. We are particularly pleased that the incentive program payout in the second half of the year was robust, reflecting the remarkable efforts – and success - of the team during a trying year. Throughout the crisis, the Board and its committees did not lose sight of our broad ESG obligations and the degree to which the Company is a leader in so many key areas. We endorsed accelerated work on our Teen Tech Center program, which included a $40 million one-time donation from the Company to its foundation. We provided close oversight of the Company’s expanded efforts in renewable energy, approving meaningful investments in solar power in particular. Finally, the Board and its relevant committees spent a great deal of time working with management as the Company grappled with the murder of George Floyd (and resulting protests) in its backyard, as well as all of the complex social, societal, health and economic issues affecting our employees and customers. It was a year that demanded our team understand all of the issues our stakeholders were addressing – and they did it admirably, nowhere more so than in our stores. Through it all, Best Buy’s reputation as a leading, innovative company grew, making it possible to attract two extremely talented new Board members, Mario Marte of Chewy, Inc. and Steve Rendle of VF Corporation. We remained mindful of our well-established emphasis on Board diversity and are proud that we continue to be among the most diverse public company boards in the country. Speaking on behalf of the full Board, allow me to offer some closing reflections of this past year. What we saw this year was a Chief Executive Officer, Corie Barry, and her management team, demonstrate an astounding degree of courage, conviction and compassion in the face of crisis. They proved that in good times and bad, Best Buy can be depended on to provide value to all its stakeholders through a combination of sheer effort and unending innovation.
Load more

Recommended publications
  • Role of a Diversity Officer
    The Role of the Chief Diversity Officer in Academic Health Centers Acknowledgements The CDO Forum was convened by the AAMC (Association of American Medical Colleges) in partnership with the American Hospital Association Institute for Diversity in Health Management (AHA-IFD). This report could not have been accomplished without considerable support from Damon Williams, Ph.D., who recorded and distilled information that was captured during the forum, led a series of follow-up interviews with chief diversity officers, and worked closely with AAMC staff to author this publication. We also want to thank Christopher Metzler, Ph.D., for moderating the discussion during the CDO Forum. A special thank you goes to the staff at the AHA-IFD for their work in this partnership and their contributions to the content of this document. We also would like to thank Witt/Kieffer, a top-tier executive search firm, which provided statistics on chief executive and diversity roles, and generously shared their knowledge of qualifications and responsibilities of the role. AAMC’s Diversity Policy and Programs team that led this project include: Marc Nivet, Ed.D., Chief Diversity Officer Laura Castillo-Page, Ph.D., Senior Director, Diversity Policy and Programs Tiffani St.Cloud, Lead Program Management Specialist Jessica Vaughan, Administrative Specialist Kate Gampfer, Administrative Associate Emily Yunker, Administrative Specialist 1 Association of American Medical Colleges, 2012 The Role of the Chief Diversity Officer in Academic Health Centers Table of Contents
    [Show full text]
  • Chief Diversity Officer and the Diversity Office
    Journal of Student Research (2012) Volume 1, Issue 3: pp. 38-42 Research Article Chief Diversity Officer and the Diversity Office Sabine Cherenfanta and Dr. Rex Crawleya Six universities and colleges were analyzed in this research to assist Robert Morris University in finding a structure for its chief diversity officer and diversity office. Those universities and colleges were chosen because of their already established diversity- related departments. Among other observations, title XI was explored in regards to who is responsible for its coordination. After thoroughly examining those institutions, the RMU potential CDO job description was shared and recommendations were offered. Keywords: Chief Diversity Officer, Diversity Office, Higher Education Institutions Introduction and positions within departments in an organization,” and work teams imply “the groups of employees that work to The purpose of this paper is to explore a structure for the complete a specific task within the organization” proposed position, Vice President for Equity and Chief (Organizational structure, 2004, para. 9-10).Within the Diversity Officer (CDO) and a structure for the proposed diversity office, tasks specialization needs to be established. office of Institutional Diversity and Equity (OIDE). The CDO David Schmidtchen construed specialization as the motor of a task force is in the process of developing a proposal to assist creatively, generatively and dynamically boosting workplace in the position creation process at Robert Morris University. (2007, p. 84). Specialization allows the workplace to run The proposed OIDE will oversee diversity and equity smoothly. management for the university. Research from this paper will Overall, communication is the key to applying diversity assist the task force in determining the most effective in an institution.
    [Show full text]
  • HD [email protected] Or by Writing to the Directors at the Following Address
    THE HOME DEPOT PROXY STATEMENT AND NOTICE OF 2020 ANNUAL MEETING OF SHAREHOLDERS Thursday, May 21, 2020 at 9:00 a.m., Eastern Time COBB GALLERIA CENTRE, ATLANTA, GA Table of Contents INVESTOR FACTSHEET Strategy Our One Home Depot strategy aims to deliver shareholder value and grow our market share by providing best- in-class customer service through a seamless, interconnected shopping experience for our customers. We are continuously improving our online and in-store experience and providing enhanced training for our associates. In addition, to ensure we are the product authority in home improvement, we strive to provide unique and comprehensive product offerings, continued innovation, and exceptional convenience and value. To execute our strategy, we have committed approximately $11 billion over a multi-year period to investments in our stores, associates, interconnected and digital experience, pro customer experience, services business, supply chain, and product and innovation. Shareholder Return Principles Our first priority for our use of cash is investing in our business, as reflected by our One Home Depot strategy. Our use of the remainder of our cash is guided by our shareholder return principles: • Dividend Principle: Look to increase the dividend every year as we grow earnings • Return on Invested Capital Principle: Maintain a high return on invested capital, benchmarking all uses of excess liquidity against value created for shareholders through share repurchases • Share Repurchase Principle: After meeting the needs of the business, look to return excess cash to shareholders in the form of share repurchases Key Financial Performance Metrics Set forth below are key financial performance metrics for the indicated fiscal years.
    [Show full text]
  • Comcast Corporation; Rule 14A-8 No-Action Letter
    GIBSON DUNN Gibson, Dunn & Crutcher LLP 200 Park Avenue New York, NY 10166-0193 Tel 2 12.351.4000 www.gibsondunn.com Lori Zyskowski Direct +1 212.351.2309 Fax +1 212.351.6309 [email protected] Febrna1y 3, 2021 VIAE-MAIL Office of Chief Counsel Division of Co1poration Finance Securities and Exchange Commission 100 F Sti·eet, NE Washington, DC 20549 Re: Comcast Corporation Shareholder Proposal ofDavid Friedman 1993 Rev Tr (S) et al. Securities Exchange Act of 193 4- Rule 14a-8 Ladies and Gentlemen: This letter is to infonn you that our client, Comcast Co1poration (the "Company"), intends to omit from its proxy statement and fo1m of proxy for its 2021 Annual Meeting of Shareholders (collectively, the "2021 Proxy Materials") a shareholder proposal and statements in suppo1i thereof (the "Proposal") received from As You Sow on behalf of David Friedman 1993 Rev Tr (S) and from United Church Funds, as a co-filer of the Proposal (together, the "Proponents"). Pursuant to Rule 14a-8(j), we have: • filed this letter with the Securities and Exchange Commission (the "Commission") no later than eighty (80) calendar days before the Company intends to file its definitive 2021 Proxy Materials with the Commission; and • concmTently sent copies of this con espondence to the Proponents. Rule 14a-8(k) and Staff Legal Bulletin No. 14D (Nov. 7, 2008) ("SLB 14D") provide that shareholder proponents are required to send companies a copy of any conespondence that the proponents elect to subrnit to the Commission or the staff of the Division of Co1poration Finance (the "Staff').
    [Show full text]
  • TC Energy 2021 Management Information Circular
    Management information circular March 4, 2021 Notice of annual meeting of shareholders to be held May 7, 2021 24668 TC_ENGLISH Circular cover spread.pdf - p1 (March 6, 2021 00:22:29) DT Letter to shareholders ........................................... 1 Notice of 2021 annual meeting ................................ 2 About Management information circular ............................3 TC Energy Summary ....................................................................4 About the shareholder meeting ...............................6 Delivering the energy people need, every day. Safely. Delivery of meeting materials ........................................7 Responsibly. Collaboratively. With integrity. Attending and participating in the meeting .....................8 We are a vital part of everyday life — delivering the energy millions of people rely on to power their lives in a Voting ...................................................................... 10 sustainable way. Thanks to a safe, reliable network of natural gas and crude oil pipelines, along with power generation Business of the meeting .............................................. 14 and storage facilities, wherever life happens — we’re there. Guided by our core values of safety, responsibility, Governance ........................................................33 collaboration and integrity, our 7,500 people make a positive difference in the communities where we operate across About our governance practices ...................................33 Canada, the U.S. and Mexico.
    [Show full text]
  • Notice of Annual Meeting of Shareholders
    999 LakeDrive Issaquah, Washington98027 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO OURSHAREHOLDERS: TheAnnualMeeting of theShareholders of Costco Wholesale Corporation (the “Company”) will be held by live webcast,onThursday,January 21, 2021, at 2:00 p.m. Pacific time, to: 1. Elect the seven directors nominated by the Board of Directors to hold office until the 2022 Annual Meeting of Shareholders anduntiltheir successors are elected and qualified; 2. Ratifythe selection of KPMG LLP ("KPMG")asthe Company’s independent auditors forfiscal 2021; 3. Approve, on an advisory basis, thecompensation of the Company’snamed executive officers for fiscal 2020 as disclosed in these materials; and 4. Transact such other business as mayproperly come before the meeting or any adjournments thereof. In light of COVID-19and for the safety of our shareholders, employees, and other members of the community, our 2021 Annual Shareholders' Meeting will be held in avirtual format only.Shareholderscan participatefrom any geographic location withInternet connectivity. We believe thisisanimportant steptoenhancing accessibility to our Annual Meeting for all of our shareholders and reducing the carbon footprint of our activities,and is particularly important this year in light of public health andsafety considerations posed by COVID-19. Shareholders may view alive webcast of theAnnualMeeting andsubmit questions digitally during the meeting at www.virtualshareholdermeeting.com/COST2021. Please refertothe "Participating in the Annual Meeting" section of the Proxy Statement formore details. Shareholders can vote their shares before the meeting online at www.proxyvote.com, by calling 1-800-690-6903, by mailing acompleted proxy card or by mobile device by scanning the QRcode on the proxy card or Notice of Internet Availability of Proxy Materials.
    [Show full text]
  • G. CHRISTINE TAYLOR, Ph.D
    G. CHRISTINE TAYLOR, Ph.D. EXECUTIVE SUMMARY An innovative and seasoned senior executive with a successful background in change management, program development, marketing, recruitment and process improvement. More than 20 years of progressive leadership experience in higher education with a strong focus on systems thinking and the development of synergistic and collaborative approaches to problem solving. A results-oriented visionary, recognized as a strong communicator and a proactive team builder with the ability to thrive in dynamic and changing environments. EDUCATION American Council for Education (ACE) Fellowship Program Georgia State University, Atlanta, Georgia 8/02 - 7/03 The ACE Fellowship Program is the premiere leadership training program in higher education which includes intensive leadership training programs and mentoring by the senior leadership of the fellow’s host institution. I was hosted by Georgia State University for an academic year and received mentoring from President Carl Patton and members of his cabinet. Areas of emphasis included higher education leadership, organizational governance, enrollment management, foundation board development and management, diversity and change management. Served as a subcommittee member of the University System of Georgia Board of Regents’ African American Male Initiative. Ohio University, Athens, Ohio 1997 Ph.D. Mass Communication Dissertation – A Few in a Thousand: A study of the Experiences of African American Female General Managers of Broadcast Radio and Television Stations. Ohio University, Athens, Ohio 1989 M.A. Telecommunications Management Middle Tennessee State University, Murfreesboro, Tennessee. 1979 B.S. Broadcast Journalism Dr. G. Christine Taylor, Page 2 PROFESSIONAL EXPERIENCE Purdue University, West Lafayette, Indiana Inaugural Vice Provost for Diversity and Inclusion/ Chief Diversity Officer 10/09 - 6/15 Purdue University is a STEM-focused research-intensive institution with a full-time, part-time and continuing education enrollment of more than 38,770.
    [Show full text]
  • Pacecast with Marvin Krislov: Episode 9
    PaceCast with Marvin Krislov: Episode 9 Pace University's President Marvin Krislov returns with episode nine of PaceCast! This time, he sits down with Pace's very first Chief Diversity Officer Tiffany Hamilton to discuss the importance of inclusivity and diversity in higher ed and on campus at Pace University. Available for listening at: https://soundcloud.com/user-479814349/pacecast-with-marvin-krislov- episode-10 Marvin Krislov: The people of Pace University are doing amazing things and I want you to know more about them. I am Marvin Krislov, the president of Pace, and this is the PaceCast. Marvin Krislov: Pace University is a vibrantly diverse community. About half of our students come from underrepresented communities. Nearly two thirds are women. Our students come from 47 states and the District of Columbia and from 51 different countries around the world ranging from Albania to Zimbabwe. Nearly half of our incoming first-year students are the first in their families to attend college. More than a third of our students are eligible for Pell grants, which means that they come from low-income families. Marvin Krislov: We're very proud of that diversity. Our long-standing mission of Opportunitas for us means that we open our doors to all hardworking, ambitious students regardless of their backgrounds. But we want to make sure that we're living up to that commitment. That's why this summer we hired our first-ever Chief Diversity Officer and Associate Vice President for Diversity and Inclusion. Tiffany Hamilton is that person and she's in the studio with me today.
    [Show full text]
  • Diversity and Inclusion at Ulmer
    Diversity and Inclusion at Ulmer Contents 3 Introduction 4 A note from our Managing Partner 5 Meet the leaders of our Diversity & Inclusion Committee 6 Our commitment to action 10 Attorney features 14 UB WILL 16 Helping diverse students 17 Military and veterans’ spotlight 18 Going further 19 Our commitment to you 2 Our business begins with You. A diverse and inclusive team enriches the work environment for everyone and is a catalyst for the type of creative solutions we deliver to our clients with each opportunity. Recruiting, advancing, and creating a supportive environment for people of all races, genders, ethnicities, sexual orientations, religions, and backgrounds is important to us. 3 You, our clients Our Managing Partner Scott Kadish “When we say, ‘our business begins with you,’ we mean In addition to helping better serve our clients, diversity it. You are incredibly important to us, and we believe our in the workplace makes for a balanced, more rewarding commitment to diversity and inclusion enhances our ability professional environment. Exposure to new ideas or ways to serve you, our clients, and makes our firm a better place of thinking encourages growth, and a diverse workplace to work for our attorneys and staff. creates an environment where our attorneys and staff can truly reach their potential. Our clients rely on us to find solutions to complex issues. Celebrating our differences and cultivating a diverse Diversity is a cornerstone value at Ulmer. I hope the people workforce maximizes our ability to find those solutions. A and information highlighted in this brochure provide you diverse workforce leads to a diversity of approaches, ideas, with a clear picture of our ongoing dedication to diversity opinions, and thoughts.
    [Show full text]
  • Diversity and Inclusion Task Force Report
    Focus on the Future Diversity and Inclusion Task Force Report April 24, 2019 Jennifer McCary (Chair), Assistant Vice President for Student Affairs and Title IX Coordinator Dr. Bill Balzer, Vice President for Faculty Affairs and Strategic Initiatives Dr. Tasha Ford, Instructor of Social Work Marcus Goolsby, Vice President, Undergraduate Student Government Jackie Hudson, Graduate Student Coordinator for Multicultural Initiatives for Graduate Student Success (MIGSS) Dr. Andy Kurtz, Dean, Firelands College Gabe Lomeli, Assistant Director of Diversity, Office of Admissions Dr. Julie Matuga, Vice Provost, Institutional Effectiveness Viva McCarver, Chief Human Resources Officer Dr. Sridevi Menon, Associate Professor, Ethnic Studies Shelly Schwamberger, Senior Secretary, Athletics Dr. Katie Stygles, Assistant Director for Diversity Education and LGBTQ+ Programs, Office of Multicultural Affairs Dr. Jessica Turos, Associate Director, Office of Academic Assessment 2 Acknowledgments The authors express their gratitude to President Rodney K. Rogers, his commitment to diversity and inclusion and for the opportunity to participate in meaningful discussion about this critical topic. The perspectives, values, and feedback shared throughout this semester were inspiring and left us hopeful that genuine, tangible, and meaningful change will continue to happen. The authors also wish to thank the past and present members of the President’s Advisory Council on Diversity and Inclusion (PACODI) for many years of service to the campus community and for guiding the work of this Task Force. 3 Executive Summary Following President Rogers’ charge to the Focus on the Future Task Force on Diversity and Inclusion, the Task Force reviewed the current state of BGSU’s diversity and inclusion efforts and assessed evidence on the effectiveness of those diversity and inclusion efforts implemented.
    [Show full text]
  • Diversity & Inclusion Report
    Smarter embraces different Lenovo Group Limited | FY 2018/19 Diversity & Inclusion Report LENOVO FY 2018/19 DIVERSITY AND INCLUSION REPORT Table of contents 3 • A Letter from the Chief Diversity Officer Data Points 4 • Progress & Commitments 8 • Data Points Progress & 2.0 9 o Global Diversity Commitments 10 o Workforce Representation 11 o Hiring and Attrition 1.0 12 • Spotlights 13 o Women at Lenovo 16 o Race & Ethnicity at Lenovo Historical Data 19 o Supplier Diversity Spotlights 21 o Lenovo Foundation 24 • Historical Data 3.0 4.0 LENOVO FY 2018/19 DIVERSITY AND INCLUSION REPORT At Lenovo, we embrace and inspire different. Different fuels number of different voices from women and from different races innovation. And different powers our fundamental belief in and ethnicities at the executive level leads to better decisions, developing [1] Smarter Technology for All. To deliver this, our better products, and better business results. technology must be built by all, and it is. We’re fortunate this year to be celebrating 35 years of Lenovo’s history and Meeting these goals requires constant focus. Every hire, every with it, the promise of an even stronger future. Our 57,000 employee’s career journey, and every employee who exits the employees around the world who execute strategy, seize market company matters. That’s why you’ll see us broadening the opportunities, and build operational excellence are the largest aperture in this report to look at a larger view of the employee reason why we’ve continued to evolve. First, we transformed lifecycle, giving us a better picture so we can meet our targets.
    [Show full text]
  • 2021 Notice of Annual Meeting of Shareholders and Proxy Statement
    2021 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS AND PROXY STATEMENT Pike Place Market Store, Seattle, Washington, USA © 2021 Starbucks Corporation. To inspire and nurture the human spirit – one person, MISSION one cup and one neighborhood at a time. With our partners, our coffee and our customers at our VALUES core, we live these values: Creating a culture of warmth and belonging, where everyone is 1 welcome. Acting with courage, challenging the status quo and finding new 2 ways to grow our company and each other. Being present, connecting with transparency, dignity and respect. 3 Delivering our very best in all we do, holding ourselves accountable 4 for results. We are performance driven, through the lens of humanity. Notice of Annual Meeting of Shareholders When Where Record Date March 17, 2021, Wednesday, Via Webcast. Shareholders as of January 8, 2021 are at 10:00 a.m. (Pacific Time) www.virtualshareholdermeeting.com/ entitled to vote at the meeting SBUX2021 ITEMS OF BUSINESS BOARD VOTING PAGE REFERENCE PROPOSAL RECOMMENDATION (FOR MORE DETAIL) Management Proposals Election of 12 directors FOR each director nominee 21 Approval of an advisory resolution on our named executive officer FOR 37 compensation Ratification of selection of Deloitte & Touche LLP as our independent FOR 61 registered public accounting firm for fiscal 2021 Shareholder Proposal Employee Board Representation AGAINST 63 Shareholders will also transact such other business as may properly come before the Annual Meeting. Voting Attending the Annual Meeting Shareholders may view and listen to a live webcast of the meeting. The Your broker will not be able to vote your shares with webcast will start at 10:00 a.m.
    [Show full text]