Message from Our President & CEO Our PayPal community is committed to democratizing capital to over 250 portfolio companies globally, and for Enabling Customers and Employees to financial services and empowering millions of consumers the second year in a row, we honored the legacy of Maggie Give More Easily and merchants to join and thrive in the global economy. Lena Walker by recognizing women who are creating We are continually inspired by the generosity of our This purpose is the foundation on which our business opportunities for economic advancement in underserved broader PayPal community. For the first time in our and strategy are built, and it guides our efforts today. communities. history, our customers donated more than $20 billion We believe operating with a strong sense of purpose in a single calendar year to nonprofits and charitable helps drive long-term, sustainable growth by inspiring Prioritizing Our Employees’ Total Wellness causes through our platform. Recognizing the essential our employees and creating value for our shareholders, Fostering an engaged, diverse and resilient workforce role PayPal plays in times of need, we have further customers and other stakeholders. is critical to achieving our mission. Through our integrated giving opportunities through Give at Checkout In our 2022 Global Impact Report, we share some of our Employee Financial Wellness Initiative, launched in and Venmo Charity Profiles product solutions. efforts to help customers and communities thrive, provide 2019, we continued to provide tools and resources for our In response to the devastating violence in Ukraine, we innovative solutions to unlock greater opportunity for all employees to build their financial wellness. We are proud to helped to facilitate more than $1.2 billion to support those and forge a path towards having a sustainable impact have exceeded our goal for our employees globally to have impacted, including through donations made to nonprofits, for our stakeholders in line with our commitments. Some at least 20% of their discretionary income remaining after person-to-person payments and money transfers. We highlights include: taxes and typical expenses are paid. This is an ongoing In my final year as president and CEO, I am proud of focus for PayPal and will continue to be an essential part continue to mobilize our platform and customers to the enormous impact PayPal’s global community has Creating Economic Opportunity for Our of our approach to total wellness. respond to global crises, including after destructive natural created — and I am grateful to all our investors, customers, Customers disasters such as the earthquakes in Turkey and Syria, employees and partners who have championed this work. We continue to work towards having a workforce that flooding in Pakistan and Hurricane Ian in Florida. Over the past eight years, I have seen first-hand how our In an increasingly digital economy, our products and reflects the communities and customers we serve. Over mission, vision and values reinforce the strength of the services have never been more critical. For our merchants, the past year, we have expanded our talent pipeline, once Responsibly Managing Our Environmental business and help create value for all of the stakeholders we offered new tools to create efficient and flexible again achieved global gender and U.S. ethnic pay equity Footprint we serve. checkout experiences, including the launch of the Zettle and continued to support the development of diverse We continue to concentrate our efforts on managing Terminal in the U.S. and Tap to Pay in new markets. For leaders across the company. Our ongoing efforts have led Significant work remains to upgrade the financial system consumers, our digital wallet continued to provide a secure to an 11% increase in diversity in leadership roles since we our environmental impacts and exploring sustainable and democratize financial services so that more people and easy way to manage their daily financial lives. Last became an independent company in 2015. innovations across our products and services. To reach and businesses can improve their financial health and year, we introduced PayPal Rewards and interest-bearing our goal of achieving net-zero greenhouse gas emissions pursue economic opportunity. I am confident that PayPal savings accounts in the U.S. to help consumers achieve Our employees are passionate about their communities across our value chain by 2040, we are focusing on will continue to play a central role in this effort and, in turn, their financial goals faster. and actively seek out opportunities to make a positive efficient and renewable energy use, partnering with our will drive long-term impact and sustainable growth going impact. In 2022, PayPal employees volunteered nearly largest vendors (by spend) to manage emissions across forward. We continue to focus on enabling equitable access to 100,000 hours to nonprofits around the world. Community our supply chain and considering ways to make digital capital for entrepreneurs from underserved communities, impact is an essential part of our culture that not only helps commerce more convenient and sustainable. We are proud including facilitating more than $4 billion to small- and advance our mission but also engages and empowers to increase our total renewable energy use to 90% in 2022, medium-sized businesses globally in 2022. In addition, our our employees. while maintaining 100% renewable energy for our global Economic Opportunity Fund investments in 19 minority- data centers. Dan Schulman led venture capital funds deployed nearly $300 million in President and CEO, PayPal Holdings, Inc.