COMPENSATIONDISCUSSIONANDANALYSIS AnnualIncentivePlan Thefollowingtablesetsforththe2022targetannualincentiveopportunity(the“TargetIncentiveAmount”)foreach participatingNEO,whichisexpressedasapercentageoftheNEOsbasesalary. 2022AIPAnnual 2021AIPAnnual TargetasPercentage TargetasPercentage PRO NEO of BaseSalary of BaseSalary XY DanielH.Schulman 200% 200% S T 1 A Gabrielle Rabinovitch 125% 75% TEMENT PeggyAlford 125% 125% JonathanAuerbach 125% 125% AaronKarczmer 125% 125% 2 BlakeJorgensen 125% — 3 JohnD.Rainey 125% 125% MarkBritto 125% 125% 1 Ms.Rabinovitchs2022AIPAnnualTargetwaschangedfrom75%to125%atthetimesheassumedtheroleofactingChiefFinancialOfficer. 2 Mr. Jorgensens2022AIPAnnualTargetwasestablishedatthetimehejoinedtheCompany,andhewaseligibleforaprorated2022AIPbasedonhisstartdaterelativetothe performanceperiod. 3 Mr. Rainey ceasedtoparticipateinthe2022AIPuponhisresignationfromtheCompany. 75%oftheTargetIncentiveAmountforeachNEOwasdeliveredintheformofPBRSUswithaone-yearperformance period, with the final payout to be determinedbased on Companyperformancefor2022. BaseSalaryUsedto PBRSUTarget 1 2 NEO CalculatePBRSUTarget ($) IncentiveAmount($) PBRSUTarget (Shares) DanielH.Schulman 1,250,000 1,875,000 11,715 1 Gabrielle Rabinovitch 450,000 253,125 1,582 PeggyAlford 750,000 703,125 4,393 JonathanAuerbach 750,000 703,125 4,393 AaronKarczmer 750,000 703,125 4,393 1 BlakeJorgensen 750,000 294,735 3,070 3 JohnD.Rainey 750,000 703,125 4,393 MarkBritto 750,000 703,125 4,393 1 In accordancewiththetermsofthe2022AIP,eachthen-servingNEOsbasesalaryandAIPAnnualTargetasofApril1,2022wasusedtocalculatetheTargetIncentiveAmount applicabletothePBRSUsgrantedpursuanttothe2022AIP.ForMs.Rabinovitch,herbasesalaryandherAIPAnnualTarget(i.e.,75%)priortobecominganNEOwasusedto calculateherTargetIncentiveAmountapplicabletothePBRSUsgranted.ForMr.Jorgensen,hisstartingbasesalarywasusedtocalculatehisTargetIncentiveAmountapplicableto thePBRSUs,whichwasproratedbasedonhisstartdaterelativetotheperformanceperiod. 2 ThetargetnumberofPBRSUswasdeterminedbydividing(i)theTargetIncentiveAmountallocatedtotheCompanyperformanceportionby(ii)theaverageclosingpriceofPayPal commonstockforaperiodof30consecutivetradingdayspriortothegrantdate(the“AverageClosingPrice”).ThePBRSUsunderthe2022AIPweregrantedonFebruary15,2022 to eachofthethen-servingNEOsandonSeptember15,2022toMr.Jorgensen. 3 Mr. Rainey forfeited his 2022 AIP award upon his resignation from the Company. Theremaining25%oftheTargetIncentiveAmountforeachNEOwasdeterminedbasedonindividualperformance,tobe deliveredin cash,in eachcaseasdescribedbelow. BaseSalaryUsedtoCalculateCash 1 NEO TargetIncentiveAmount ($) TargetCash($) DanielH.Schulman 1,250,000 625,000 Gabrielle Rabinovitch 750,000 234,375 PeggyAlford 750,000 234,375 JonathanAuerbach 750,000 234,375 AaronKarczmer 750,000 234,375 2 BlakeJorgensen 750,000 98,245 JohnD.Rainey 750,000 234,375 MarkBritto 750,000 234,375 •2023ProxyStatement 57