PROPOSAL2:ADVISORYVOTETOAPPROVENAMEDEXECUTIVEOFFICERCOMPENSATION(“SAY-ON-PAY”VOTE) PROPOSAL2: AdvisoryVotetoApproveNamedExecutive PRO Officer Compensation(“say-on-pay”vote) XY S T Eachyear,weaskourstockholderstovoteonanadvisorybasistoapprovethecompensationpaidtoournamedexecutive A officers (“say-on-pay”), as describedin the CompensationDiscussionand Analysisandthecompensationtablesectionsof TEMENT this proxy statement. TheCompensationCommitteeiscommittedtoanexecutivecompensationprogramthatistransparent,appropriately incentivizesour executiveofficersand aligns with stockholderinterestsand externalexpectationsand enablesus to effectively competefor, attract and retain top talent so we can build the strongest possible leadershipteam for PayPal. The CompensationCommitteebelievesthegoalsofourexecutivecompensationprogramareappropriateandthatthe programisproperlystructuredtoachievethosegoals.Indecidinghowtovoteonthisproposal,theBoardencouragesyou to read the CompensationDiscussionandAnalysisandthecompensationtablesectionsofthisproxystatement. TheBoardrecommendsthatstockholdersvote“FOR”thefollowingresolution: “RESOLVED,thattheCompanysstockholdersapprove,onanadvisorybasis,thecompensationofthenamed executiveofficers,as disclosedin the CompanysProxyStatementforthe2023AnnualMeetingofStockholders pursuanttothecompensationdisclosurerulesoftheSecuritiesandExchangeCommission,includingthe CompensationDiscussionandAnalysis,the2022SummaryCompensationTableandtheotherrelatedtablesand disclosures.” This say-on-payvoteisadvisory,andthereforenotbindingontheCompany,theBoardortheCompensationCommittee. However,theBoardandtheCompensationCommitteevaluetheopinionsofourstockholdersandwilltakeintoaccount theoutcomeofthisvoteinconsideringfuturecompensationarrangements.Thenextsay-on-payvotewilloccuratPayPals 2024annualmeetingofstockholders. THEBOARDRECOMMENDSAVOTEFORPROPOSAL2. •2023ProxyStatement 49