PayPal (PYPL) investor relations material

Opening remarks and agenda

• Meeting opened by the independent board chair, with introductions of board members and senior management, including the CEO and a representative from PwC, the independent auditor.

• The meeting was conducted virtually, following established bylaws and procedures, and was recorded for later replay.

Board and executive committee updates

• Gail McGovern was acknowledged for her service as she is not standing for re-election.

Shareholder proposals

• Proposal 5 called for a policy to provide PayPal services in conflict zones, especially Palestine, to align with values and open new markets; it was supported by investors representing over $15 billion.

• Proposal 6 sought to reduce the threshold for shareholders to call special meetings from 20% to 10%, citing the need for greater shareholder rights and referencing prior support.

• Both proposals were presented by their proponents and opposed by the board.