FREQUENTLYASKEDQUESTIONS VotingInformation 11. Whatisthedifferencebetweenholdingsharesasastockholderofrecordandasa beneficialowner? Mostofourstockholdersholdtheirsharesasabeneficialownerthroughabank,brokerorothernomineeratherthan directly in their own name as the stockholderof record. As summarizedbelow,thereare someimportantdistinctions betweensharesheldofrecordandthoseownedbeneficially. StockholderofRecord If your shares are registered directly in your name with our transfer agent, ComputershareShareownerServicesLLC, you are consideredthestockholderofrecordwithrespecttothoseshares.Asthestockholderofrecord,youhavetherightto grant your voting proxy directly to PayPal or to a third party, or to vote your shares during the Annual Meeting. Beneficial Owner If your shares are held in a brokerage account or by a bank or other holder of record (commonly referredto as holding sharesin“streetname”),youareconsideredthe“beneficialowner”ofthoseshares.Asthebeneficialowner,youhavethe right to direct your broker, bank or other holder of record how to vote your shares during our Annual Meeting. 12. HowcanIvotemyshareswithoutparticipatingintheAnnualMeeting? Whetheryouareastockholderofrecordorabeneficialstockholder,youmaydirecthowyoursharesarevotedwithout participatingin the Annual Meeting.We encouragestockholderstovotewellbeforetheAnnualMeeting,eveniftheyplan to attend the virtual Annual Meeting. Please make sure that you have your Notice, proxy card or voting instruction form available and carefully follow the instructions. There are three ways to vote by proxy: • ByInternet:voteyoursharesonlineatwww.proxyvote.com. • Bytelephone:call1-800-690-6903orthetelephonenumberonyourproxycardorvotinginstructionform. • Bymail:complete,signanddateyourproxycardorvotinginstructionformandreturninthepostage-paidenvelope. Internet and telephonevotingareavailable24hoursadayuntil8:59p.m.PacifictimeonTuesday,May23,2023. 13. HowcanIvotemysharesduringtheAnnualMeeting? TheAnnualMeetingwillbeheldentirelyonlinetoenablegreaterstockholderattendanceandparticipationglobally. StockholdersmayparticipateintheAnnualMeetingbyvisitingthefollowingwebsite: • www.virtualshareholdermeeting.com/PYPL2023 Toparticipatein the Annual Meeting,you will needthe 16-digit control number includedon the Notice,proxy cardor voting instruction form, as applicable. YoumayvoteyourshareselectronicallyduringtheAnnualMeeting,whetheryouareastockholderofrecordorabeneficial stockholder.Evenif you plan to participatein the Annual Meetingonline, we recommendthatyou alsovotebyproxyas describedabovesothatyourvotewillbecountedifyoulaterdecidenottoparticipateintheAnnualMeeting. 14.MayIchangemyvoteorrevokemyproxy? If you are the stockholder of record, you may revoke your proxy at any time before it is voted at the Annual Meeting by: • submittinganewproxybyInternet,telephoneorpaperballotwithalaterdate(whichwillautomaticallyrevokethe earlier proxy); • sendingwrittennoticeofrevocationtoourCorporateSecretary;or • voting in person by attendingthe virtual Annual Meeting by webcast. Participationin the Annual Meeting will not cause your previously granted proxy to be revoked unless you specificallymake that request in a manner describedin the immediatelyprecedingsentence.For sharesyou holdbeneficiallyin thenameof abroker,bankorothernominee,youmaychangeyourvotebysubmittingnewvotinginstructionstoyourbroker,bankor nominee,orbyparticipatinginthemeetingandelectronicallyvotingyoursharesduringthemeeting. 112 •2023ProxyStatement