COMPENSATIONDISCUSSIONANDANALYSIS AnnualIncentivePlan In January 2022, the CompensationCommitteeestablishedthreshold,targetandmaximumperformancegoalsforthe revenueandNon-GAAPOperatingMarginmeasuresandatargetgoalfortheNNAmeasure,basedprimarilyonour approvedbudgetandoperatingplanfortheyearandfullyearguidanceprovidedtotheinvestmentcommunity.Thetable belowshowstheperformancegoalsforthe2022AIPapplicabletotheNEOsandtheactualperformanceachieved.There wasnopayoutwithrespecttotheCompanyperformanceportionofthe2022AIPforourNEOsbecausetheminimum PRO thresholdsfor the revenueandNon-GAAPOperatingMarginperformancemeasureswerenotmet. XY S T Actual Achieved A Company Measure Threshold Target Maximum (Percentage of TEMENT (50% Payout)* (100% Payout)* (200% Payout)* Target Achieved) Revenue (in $ billions) $28.70 $29.70 $30.70 $27.52 (0%) Non-GAAP Operating 22.0% 23.0% 24.0% 21.3% (0%) Margin Net New Actives 18.0 8.6 (0%) (in millions) Company Performance Portion of the AIP 0% * Linear interpolationapplies to revenueand Non-GAAPOperatingMarginforresultsbetweenspecificgoals. Individual PerformanceMeasures Tofacilitate differentiation based on individual performance,25% of the target incentive amount for our NEOs was based on anindividualperformancescorerangingfrom0%to200%(the“IndividualPerformanceScore”).Atthebeginningof2022, theCompensationCommitteediscussedwithMr.Schulmanthekeyfactorsfordeterminingawardsunderthe2022AIP, aswellasourthen-servingNEOsexpectedcontributionstothatperformanceandtheirrespectiveindividualbusiness objectives.In early 2023, Mr. Schulman presentedto the CompensationCommitteehisassessmentofeachofthethen- servingNEOsindividualperformanceduring2022againsttheirobjectivesfortheyear.TheCompensationCommittee assessedMr.Schulmansindividualperformanceduring2022againsthisobjectivesfortheyear. TheNEOskeyaccomplishmentsfor2022arediscussedbelow. NEO KeyPerformanceAgainstObjectives DanielH.Schulman ProvidedstrategicleadershipandledtheCompanythroughachallengingperiodof macroeconomicuncertainty,geopoliticalinstability,slowingecommercegrowth andareturntopre-pandemicconsumerbehaviors. Ledcomprehensiveoperationalreviewtoidentifysubstantialefficiency opportunitiesandgrowthinitiatives.Oversawcapitalallocationinitiatives,including aninvigoratedcapitalreturnprogramallocatingahigherpercentageoffreecash flow to share repurchases,as well as productivityinitiatives to reduce costs and drive a return to profitable growth. Oversaweffortstoinnovateatscale,includingadvancesinbrandedcheckout, enhanceddigitalwalletpropositionandintroductionofmorewaystoaccelerate merchantgrowth. Oversawenterprise-wideadoptionofLeadershipPrinciplesbasedonourfourcore valuesthatestablishacommonsetofexpectationsforallemployeesandinitial stepstointegratetheseprinciplesacrosstheglobaltalentstrategy. Oversawcontinuingevolutionofemployeeworkexperience,includingnormalizing post-COVIDworkingconditions(includingbalancingworkfromhomeandoffice reopenings),furtheringemployeewellnessinitiativesandprovidingsupportto employeesthroughouttheirfullemploymentcycle. •2023ProxyStatement 59