Adopting Sound ESG Governance We believe our approach to ESG management is linked to long-term value creation for our stakeholders, including stockholders, employees, customers and the communities and markets where we operate. “Our mission to create a more inclusive global The Governance Committee, comprising entirely independent directors, oversees PayPal’s ESG program and economy is central to all that we do, including regularly reports out to the Board. In addition, the Compensation Committee and Audit, Risk and Compliance in defining our global ESG strategy. Guided by Committee (ARC Committee) are responsible for oversight of ESG issues associated with their respective areas our Values and Leadership Principles, we continue of responsibility. to demonstrate how our ESG Our cross-functional ESG program is directed and managed in collaboration with executives, including our Chief strategy is a reflection of the work Financial Officer and Chief Corporate Affairs Officer, and implemented by cross-functional working groups with we do through our business, guidance and direction from the ESG steering committee. partnerships and programs to Representatives from the ESG steering committee brief Board committees and executive leadership on ESG issues support operational priorities, quarterly and meet with a subcommittee of the Enterprise Risk Management Committee at least annually to review drive impact and create value current and emerging ESG-related risk topics. for our stakeholders.” Kristina Friedman Head of Global ESG Strategy New York, NY, U.S. Committee & Wo ring rkin tee Man g G G S cutive ageme rou Oversight Management ES Exe nt p Our Board of Directors is actively engaged on Our e­ecutive management directs and ESG matters that impact business strategy. manages the e­ecution of our enterpriseide Governance • Governance Committee Oversight of ESG strategy to help ensure nonfinancial PayPal’s management of ESG topics, including riss and opportunities are appropriately overall ESG strategy, riss and opportunities, integrated across the enterprise, including staeholder engagement and programs through the Enterprise ‚is and ompliance and initiatives in social innovation and ƒanagement Program E‚ƒ Program PayPal Boar environmental sustainability Compensation o irectors •  C Committee Oversight of the ompany’s Implementation ris frameor and enterpriseide compliance  C program, including cybersecurity and privacy „n ESG steering committee and cross matters functional oring groups ith representatives • Compensation Committee Oversight of the from more than …† functions are responsible ompany’s strategies and responsibilities for overall program implementation Oversight related to human capital global talent M t management, including diversity and inclusion, anagemen pay e uity efforts and corporate culture Implementation