CORPORATEGOVERNANCE BoardCommittees GovernanceCommittee GAILJ.MCGOVERN PRO Chair CommitteeMeetingsin2022:4 XY S T A OtherMembers: PrimaryResponsibilities TEMENT • MakerecommendationstotheBoardastotheappropriatesizeoftheBoardoranyBoardcommittee; • Identify individuals believed to be qualified to become Board members; • MakerecommendationstotheBoardonpotentialBoardandBoardcommitteemembers,whetherasa result of any vacancy or as part of the annual election cycle, taking into consideration the criteria set forth RodneyC.Adkins in the “Board Member Criteria” and “GuidingPrinciples for Board Development and Succession”sections of the GovernanceGuidelines; • Reviewand,ifnecessary,update,ourGovernanceGuidelinesatleastannually; • Establish procedures to exercise oversight of the evaluation of the Board; • Exercise general oversight of the Companys managementof topics related to ESG matters, including Jonathan overall ESG strategy, risk and opportunities, stakeholder engagement and reporting programs, initiatives Christodoro in social innovation and environmental sustainability and the Companys Global Impact Report; and • Reviewanddiscusswithmanagement,atleastannually,PayPalsoverallapproachto,andguidelines andpoliciesfor, political activities and expenditures to ensure consistency with PayPals business objectives and public policy priorities. Independence DavidW.Dorman TheBoardhasdeterminedthateachmemberoftheGovernanceCommitteemeetstheindependence requirementsofNasdaq. RecentActivities&FocusAreas • Stayedinformedonfeedbackfrominvestoroutreachprogramandcorporategovernancedevelopments. • ReviewedtheCompanysmedium-termESGstrategyandannualpoliticalexpenditures. • Assessedthequalificationsandindependenceofdirectornominees. •2023ProxyStatement 25