COMPENSATIONDISCUSSIONANDANALYSIS AnnualIncentivePlan NEO KeyPerformanceAgainstObjectives GabrielleRabinovitch ServedasinterimCFOuponMr.RaineysdeparturefromtheCompanyfromMay 2022toAugust2022,andasactingCFOuponMr.Jorgensensleaveofabsencein September2022. ManagedcapitalallocationandotherTreasuryinitiatives,includingtheCompanys sharerepurchaseprogramanda$3billionseniornotesofferingandconcurrentdebt tenderoffer. SuccessfullyformedandlaunchedPayPalsfirstcaptiveinsurancecompanyto provideavehicletoself-fundportionsofPayPalsliabilityexposuresandprovidean alternative to commercialinsurancemarkets. Continuedtodeliveraproactiveandstrategicinvestorrelationsprogram. PeggyAlford OversawthecontinuedgrowthoftheCompanysactivemerchantbase. Addedandexpandedstrategicrelationshipswithleadingglobalmerchants, includingtheCompanybecominganexclusiveorprimaryproviderofunbranded processinginmultipleinstances. Increasedoperatingleveragethroughfocusedorganizationalimprovementsand increasedsalesproductivityglobally. JonathanAuerbach FurtheredtheCompanysgrowthandstrategicandoperationalgoalsthroughthe developmentandexecutionoftheCompanysacquisitionandPayPalVentures investmentstrategyininnovativecompaniesfocusedonFinTech,commerce enablementanddigitalinfrastructure. OversawtheCompanysexpansionofourpaymentservicesinChina,includingthe successfulrenewalofourforeignpaymentsplatformlicense. ChairedtheOperatingGroupfortheCompanywhichwasresponsibleforleading theorganizationthroughourbusinessandworkforcetransformation,andproduct andpartnershipinvestmentdecisionstoaccelerateofferingsandsolutionstoour merchantsandconsumers. AaronKarczmer OversawexpandedremitasChiefEnterpriseServicesOfficer,includingcontrol functions, operational services, Legal and ESG, in addition to Risk and Compliance. OversawtheCompanysgeolocationstrategytostreamlineandenhanceoperations andcustomerserviceexperiences. Oversawcontinueddevelopmentandoptimizationofriskcapabilitiesacross consumerandmerchantcustomersegments. BlakeJorgensen Initiated onboardingas CFOpriorto leaveof absence. MarkBritto LedthetransformationoftheProductorganizationandnewleadershipstructurefor ConsumerandMerchantbusinessunits. Removedcomplexityandstreamlineddecision-making,toenablefasterproduct development,reducecostsandimproveend-to-endfinancialmanagement. ManagedtheonboardingoftheCompanysnewChiefProductOfficer. In determiningtheIndividualPerformanceScoreforeachNEO,theCompensationCommittee,withMr.Schulmansinput, conductedathoroughreviewofeachNEOsperformanceagainsttheirvariousbusinessobjectives,takingintoaccountthe relative importanceof eachobjectiveto the Company.Mr.SchulmanthenrecommendedtotheCompensationCommittee eachNEOsIndividualPerformanceScoreotherthanhisown.TheCompensationCommitteemadeafinaldetermination,in its sole discretion, as to the Individual Performance Score for each NEO based on this review and Mr. Schulmans recommendations.TheCompensationCommitteealsoreviewedMr.Schulmansperformanceanddetermined,initssole discretion, the Individual PerformanceScore for Mr. Schulman. 60 •2023ProxyStatement