IMPORTANTINFORMATIONABOUTPAYPALSVIRTUALANNUALMEETING ImportantInformationAboutPayPals Virtual Annual Meeting PayPals2023AnnualMeetingwillbeconductedonlineonly,vialivewebcast.Stockholderswillbeabletoaccessthe meetinglivebyvisitingwww.virtualshareholdermeeting.com/PYPL2023.Wehaveadoptedavirtualmeetingformatto broadenstockholderaccessandencourageparticipationandcommunicationwithourmanagement. WehaveconductedefficientandeffectivevirtualmeetingssincePayPalbecameanindependentcompanyin2015.We intendtocontinuetoensurethatourstockholdersareaffordedthesamerightsandopportunitiestoparticipatevirtuallyas theywouldatanin-personmeeting.Webelievethevirtualformatmakesiteasierforstockholderstoattend,andparticipate fully and equally in, the Annual Meeting because they can join with any Internet-connecteddevicefrom any location aroundtheworldatnocost.Ourvirtualmeetingformathelpsusengagewithallstockholdersregardlessofsize,resources or physical location, reduces our environmentalimpact,protectsthe health and safety of attendeesand savestime and money. ParticipatingintheVirtualAnnualMeeting • Instructions on how to attend the virtual Annual Meeting are posted at www.virtualshareholdermeeting.com/PYPL2023. • Youmaylogintothemeetingplatformbeginningat7:45a.m.PacificTimeonMay24,2023.Themeetingwillbegin promptlyat8:00a.m.PacificTime. • Youwill needthe16-digitcontrolnumberprovidedinyourproxymaterialstoattendthevirtualAnnualMeetingand listen live at www.virtualshareholdermeeting.com/PYPL2023. • StockholdersofrecordandbeneficialownersasoftheMarch30,2023RecordDatemayvotetheirshareselectronically duringthevirtual Annual Meeting. • OnthedateoftheAnnualMeeting,ifyouhavequestionsabouthowtoattendandparticipate,orencounterany difficulties accessing the virtual meeting during the check-in or meeting time, please call 1-844-986-0822 (U.S.) or 1-303-562-9302(International). AdditionalInformationAbouttheVirtualAnnualMeeting • Stockholdersmaysubmitquestionsinadvanceofthemeetingatwww.proxyvote.combefore8:59p.m.PacificTimeon May23,2023,orduringthelivemeetingatwww.virtualshareholdermeeting.com/PYPL2023. • Duringthemeetingslivequestionandanswersession,membersofourexecutivemanagementteamandourBoard Chairwill answerquestions(includingthosesubmittedinadvance)astimepermits. • Ourrulesofconductandprocedureforthemeetinggenerallyprovidethat: • Managementwillanswerstockholderquestionsaftertheformalmeetinghasconcluded. • Welimiteachstockholdertoonequestionsothatwecananswerquestionsfromasmanystockholdersas possible.Questionsshouldbesuccinctandcoveronlyonetopicperquestion.Questionsfrommultiple stockholdersonthesametopicorthatareotherwiserelatedmaybegrouped,summarizedandanswered together.In addition, questions may be editedfor brevity and grammaticalcorrections. • Wedonotintendtoaddressanyquestionsthatare,amongotherthings:irrelevanttothebusinessoftheCompany or to the business of the Annual Meeting; related to material non-public information of the Company; related to personalmattersorgrievances;derogatoryorotherwiseinbadtaste;repetitiousstatementsalreadymadeby anotherstockholder;in furtheranceof the stockholderspersonalor businessinterests;or out of order or not otherwisesuitablefor the conductof the AnnualMeeting,in eachcaseasdeterminedbytheBoardChairor CorporateSecretaryintheirreasonablediscretion. • If there are matters of individual concern to a stockholder and not of general concern to all stockholders,or if we are not abletoanswerallthequestionssubmittedduetotimeconstraints,stockholdersmaycontactusseparatelyafterthe meetingthroughourInvestorRelationsdepartmentbyemailatinvestorrelations@paypal.com. • WewillpostquestionsandanswersifapplicabletotheCompanysbusinessonourInvestorRelationswebsiteassoon aspracticableaftertheAnnualMeeting.Inaddition,areplayofthemeetingwillbepubliclyavailableonourInvestor Relationswebsiteafterthemeetingconcludes. 2 •2023ProxyStatement