FREQUENTLYASKEDQUESTIONS Proxy Materials FrequentlyAskedQuestions ProxyMaterials 1. WhydidIreceivetheseproxymaterials? PRO XY WehavemadethesematerialsavailabletoyouordeliveredpapercopiesbymailinconnectionwithourAnnualMeeting, S T whichwilltakeplaceexclusivelyonlineonWednesday,May24,2023.Asastockholder,youareinvitedtoparticipateinthe A AnnualMeetingvialivewebcastandvoteonthebusinessitemsdescribedinthisproxystatement.Thisproxystatement TEMENT includesinformationthatwearerequiredtoprovidetoyouunderSECrulesandisintendedtoassistyouinvotingyour shares. 2. Whatisincludedintheproxymaterials? Theproxymaterialsinclude: • TheNoticeoftheAnnualMeeting; • OurproxystatementfortheAnnualMeeting;and • OurAnnualReportonForm10-KforthefiscalyearendedDecember31,2022. If you receiveda papercopyofthesematerialsbymail,theproxymaterialsalsoincludeaproxycard,oravotinginstruction formfortheAnnualMeeting.Ifyoureceiveda“NoticeofInternetAvailabilityofProxyMaterials”(describedinQuestion4 below)insteadofapapercopyoftheproxymaterials,seethesectionentitled“VotingInformation”belowforinformation regardinghowyoucanvoteyourshares. 3. WhatdoesitmeanifIreceivemorethanoneNotice,proxycardorvotinginstruction form? It generally means that some of your shares are registereddifferently or are in more than one account. Please provide voting instructions for all Notices, proxy cards and voting instruction forms you receive. 4. WhydidIreceiveaNoticeinthemailregardingtheInternetavailabilityofproxy materialsinsteadofafullsetofproxymaterials? WearedistributingourproxymaterialstocertainstockholdersovertheInternetunderthe“noticeandaccess”approachin accordancewithSECrules.Asaresult,wearemailingtomanyofourstockholdersa“NoticeofInternetAvailabilityofProxy Materials” (“Notice”) instead of a paper copy of the proxy materials. All stockholdersreceiving the Notice will have the ability to access the proxy materials over the Internet and may request to receive a paper copy of the proxy materials by mail. Instructions on how to accessthe proxy materialsover the Internetor to request a paper copy may be found in the Notice.In addition, the Notice contains instructionson how you may requestaccessto proxy materialselectronicallyon an ongoingbasisorinprintedformbymail. 5. HowcanIaccesstheproxymaterialsovertheInternet? YourNotice,proxycardorvotinginstructionformwillcontaininstructionsonhowto: • viewourproxymaterialsfortheAnnualMeetingontheInternet;and • instruct us to send our future proxy materials to you electronicallyby email. Ourproxymaterialsarealsoavailableonourwebsiteathttps://investor.pypl.com/financials/annual-reports/default.aspx. YourNotice,proxycardorvotinginstructionformwillcontaininstructionsonhowyoumayrequestaccesstoproxy materialselectronicallyon an ongoingbasis.Insteadof receivingfuture copiesof our proxy statementsand annualreports bymail,stockholdersofrecordandmostbeneficialownersmayelecttoreceiveanemailthatwillprovideanelectroniclink to these documents.Choosingtoreceiveyourproxymaterialselectronicallyhelpsusconservenaturalresourcesand reduceprintingcosts,mailingfeesandtheenvironmentalimpactofourAnnualMeeting.Ifyouchoosetoaccessfuture proxymaterialselectronically,you will receivean email with instructionscontaininga link to the websitewhere those materialsareavailableandalinktotheproxyvotingwebsite.Yourelectiontoreceivefutureproxymaterialsbyemailwill remainineffectuntil you revokeit. •2023ProxyStatement 109