DIRECTORCOMPENSATION Director Compensation TheCompensationCommitteeisresponsibleforreviewingandmakingrecommendationstotheBoardregarding compensationpaidtonon-employeedirectorsfortheirBoardandBoardcommitteeservice.Onanannualbasis,the PRO CompensationCommitteereviewsthenon-employeedirectorcompensationprogram,receivinginputfromthe XY CompensationCommitteesindependentcompensationconsultantregardingmarketpracticesandthecompetitivenessof S T thenon-employeedirectorcompensationprograminrelationtothegeneralmarketandtheCompanyspeergroup. A TEMENT 2022DirectorCompensation In late 2021, the CompensationCommittee,afterconsultationwithitsindependentcompensationconsultant,approved certain adjustmentsto the 2022directorcompensationprogrambasedonmarketpractices.Tobringtheoveralldirector compensationfortheNon-ExecutiveBoardChairandtheCompensationCommitteeChairmoreinlinewiththe Companyscompensationpeergroup,effectiveJanuary1,2022,(a)theNon-ExecutiveBoardChairs(i)additionalannual retainer was increasedby $12,500and(ii) additionalannual equity awardgrantdatevaluewasincreasedby$12,500,and (b) the CompensationCommitteeChairsadditionalannualretainerwasincreasedby$5,000. Eachnon-employeedirectoroftheCompanywasprovidedthefollowingannualretainersfollowingthefirsttradingday after January 1, 2022: 2022AnnualRetainers: All Non-EmployeeDirectors $80,000/year Non-ExecutiveBoardChair $87,500/year LeadIndependentDirector $75,000/year ARCCommitteeChair $40,000/year CompensationCommitteeChair $25,000/year GovernanceCommitteeChair $20,000/year ARCCommitteeMember $20,000/year CompensationCommitteeMember $18,000/year GovernanceCommitteeMember $10,000/year Anon-employeedirectorwhoservedastheNon-ExecutiveBoardChairand/orasthechairofacommitteeisentitledto receivetheNon-ExecutiveBoardChairannualretainerand/orcommitteechairannualretainer,asapplicable,inadditionto thenon-employeedirectorannualretainer.Boardcommitteechairs,however,arenotentitledtoreceivethecommittee memberannualretainerinadditiontothecommitteechairannualretainer. Anon-employeedirectorcouldelecttoreceive100%oftheirannualretainer(s)infullyvestedstockawardsofPayPal commonstockhavingagrantdatefairvalueequaltotheannualretainer(s),inlieuofcash. If, following the annual retainer payment date, a non-employeedirectoris appointedor electedto serve as a memberof theBoard(orappointedtoserveasamemberofacommitteeorasachairofacommitteeforwhichtheywerenota memberorchairpriortosuchappointment),thenon-employeedirectorreceivesaproratedannualretainer,basedonthe numberofdaysfromtheappointmentorelectiondatetoDecember31ofthatyear. 2022EquityAwards In addition to the annual retainers, all non-employee directors received the following fully vested awards of PayPal commonstockfollowingthe2022AnnualMeetingofStockholders. 2022EquityAwards: All Non-EmployeeDirectors $275,000inPayPalcommonstock Non-ExecutiveBoardChair Additional $87,500 in PayPal common stock ThenumberofsharesofPayPalcommonstocksubjecttotheequityawardisdeterminedbydividingthevalueofthe annualequityawardbytheclosingpriceofourcommonstockonthedateoftheannualstockholdersmeeting,roundedup to the nearest whole share. •2023ProxyStatement 35