ESGOVERSIGHTANDHIGHLIGHTS ESGOversightandHighlights PayPalsmissiontobuildamorefinanciallyinclusiveandinterconnectedworldguidesoureffortstomakethemovement andmanagementofmoneyassimple,secureandaffordableaspossible.Ourbusinessstrategyissupportedbyourcore valuesofInclusion,Innovation,CollaborationandWellness.In2022,wedeveloped12LeadershipPrinciplesthatestablisha commonsetofexpectationsforallemployees,translatingourvaluesintopracticalstepstosupportourgrowthanddrive valuefor our stockholdersandotherstakeholders. OurLeadershipPrinciples Inclusion Innovation Collaboration Wellness We Partner We Dare We Deliver We Care Do the Be a Generate Know right thing customer enduring yourself & champion impact each other Choose Never Work as Learn inclusion stand still one team every day Trust each Create Be Build other simplicity & transparent the next efficiency generation Responsiblymanagingourglobalbusinesshelpsuscreatevalueforstockholders,customers,employees,partnersand communities.WebelievethateffectivemanagementofESGrisksandopportunitiesplaysaroleinfurtheringthelong-term interests of our stockholdersand other stakeholders.Accordingly,we strive to maintain the highest standardsof ESG governanceandprovideregular,non-financialreportingonourprogressandactivities. AswecontinuetoevolveourESGefforts,wearecommittedtosharingprogressthroughsubsequentreportsandupdates. Forfurther information, see our latest annual Global Impact Report available at https://investor.pypl.com/esg-strategy. ESGGovernanceStructure PayPalrecognizestheimportanceofupholdingourvaluesacrosstheorganization,includingbypromotingdiverse viewpointsthroughourBoard,ourleadershipandourworkforce.ExecutivemanagementisregularlyengagedonPayPals priority ESG-related risks and opportunities. 38 •2023ProxyStatement