TARGET CORP

This 2026 Proxy Statement contains forward-looking statements, which are based on our current assumptions and expectations.

These statements are typically accompanied by the words “aim,” “anticipate,” “believe,” “could,” “expect,” “may,” “seek,” “will,”

“would,” or similar words. The principal forward-looking statements in this 2026 Proxy Statement include statements regarding:

our future financial and operational performance, our strategy for growth, shareholder value, planned investments in our business,

sustainability practices that seek to drive resiliency in our business, intended results of risk oversight and risk management efforts,

our executive compensation program, and the Board’s leadership structure, composition, policies, and practices.

All such forward-looking statements are intended to enjoy the protection of the safe harbor for forward-looking statements

contained in the Private Securities Litigation Reform Act of 1995, as amended. Although we believe there is a reasonable basis for

the forward-looking statements, our actual results could be materially different. The most important factors which could cause our

actual results to differ from our forward-looking statements are set forth in our description of risk factors included in Part I, Item 1A,

Risk Factors of our 2025 Annual Report, which should be read in conjunction with the forward-looking statements in this 2026

Proxy Statement. Forward-looking statements speak only as of the date they are made, and we do not undertake any obligation to

update any forward-looking statement.