PAYPALHOLDINGS,INC.2015EQUITYINCENTIVEAWARDPLAN(MARKED) APPENDIXB: PayPalHoldings,Inc.2015EquityIncentiveAwardPlan (marked) ThefollowingAppendixBpresentsamarkedversionofthePayPalHoldings,Inc.2015EquityIncentivePlanAwardPlan(the “Plan”), as amendedandrestated,subjecttotheapprovalofourstockholders.Themarkedversionshowsallofthe differencesbetweentheversionofthePlanapprovedbystockholdersinMay2018andtheversionproposedtobevoted onatthe2023AnnualMeeting. PAYPALHOLDINGS,INC. AMENDEDANDRESTATED2015EQUITYINCENTIVEAWARDPLAN ARTICLE1 Purpose ThepurposeofthePayPalHoldings,Inc.AmendedandRestated2015EquityIncentiveAwardPlan,asitmaybefurther amendedandrestatedfromtimetotime(the“Plan”)istopromotethesuccessandenhancethevalueofPayPalHoldings, Inc. (the “Company”)bylinkingthepersonalinterestsof themembersoftheBoard,Employees,andConsultants(eachas definedbelow)tothoseofCompanystockholdersandbyprovidingsuchindividualswithanincentiveforoutstanding performancetogeneratesuperiorreturnstoCompanystockholders.ThePlanisfurtherintendedtoprovideflexibilitytothe Companyinitsabilitytomotivate,attract,andretaintheservicesofmembersoftheBoard,Employees,andConsultants uponwhosejudgment,interest,andspecialeffortthesuccessfulconductoftheCompanysoperationislargely dependent. ARTICLE2 DefinitionsandConstruction WhereverthefollowingtermsareusedinthePlantheyshallhavethemeaningsspecifiedbelow,unlessthecontextclearly indicatesotherwise.Thesingularpronounshallincludethepluralwherethecontextsoindicates. 2.1 “AssumedSpin-OffAward”meansanawardgrantedtocertainemployees,consultantsanddirectorsoftheCompany, eBayInc.andtheirrespectivesubsidiariesunderanequitycompensationplanmaintainedbyeBayInc.oracorporation acquiredbyeBayInc.,whichawardisassumedbytheCompanyandconvertedintoanAwardinconnectionwiththe Spin-Off, pursuant to the terms of the Employee Matters AgreementbetweentheCompanyandeBayInc.,enteredintoin connectionwiththeSpin-Off,whichAssumedSpin-OffAwardshallbeissuedupontheeffectivetimeoftheSpin-Off. 2.2 “Award”meansanOption,aRestrictedStockaward,aStockAppreciationRightaward,aPerformanceStockUnitaward, aDividendEquivalentsaward,aStockPaymentaward,aDeferredStockUnitaward,aRestrictedStockUnitawardora PerformanceBonusAwardgrantedtoaParticipantpursuanttothePlan,includinganAssumedSpin-OffAward. 2.3 “AwardAgreement”meansanywrittenagreement,contract,orotherinstrumentordocumentevidencinganAward, includingthroughelectronicmedium. 2.4 “Board” meanstheBoardofDirectorsoftheCompany. 2.5 “ChangeinControl”meansandincludeseachofthefollowing: (a) A transaction or series of transactions (other than an offering of Stock to the general public through a registration statementfiled with the U.S. Securities and Exchange Commission)wherebyany“person”orrelated“group”of “persons”(assuchtermsareusedinSections13(d)and14(d)(2)oftheExchangeAct)(otherthantheCompany,anyof its subsidiaries, an employee benefit plan maintainedby the Companyor any of its subsidiariesor a “person” that, prior to such transaction,directly or indirectly controls, is controlled by, or is under common control with, the Company) directly or indirectly acquires beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Companypossessingmorethan50%ofthetotalcombinedvotingpoweroftheCompanyssecurities outstandingimmediatelyaftersuchacquisition;or (b) During any period of two consecutiveyears,individualswho, at the beginningof such period,constitutethe Board togetherwithanynewdirector(s)(otherthanadirectordesignatedbyapersonwhoshallhaveenteredintoan agreementwiththeCompanytoeffectatransactiondescribedinSection2.5(a)orSection2.5(c))whoseelectionby 120 •2023ProxyStatement