NEWS RELEASE

Dan Schulman to Depart from PayPal's Board of

Directors at End of Year

12/14/2023

PayPal today announced that Dan Schulman will depart from PayPal Holdings, Inc.'s Board of Directors, e

December 31, 2023. Schulman served as PayPal's President and CEO from 2015 to 2023. He has served on the

Board of Directors of PayPal since 2015.

Dan Schulman said:

"My tenure at PayPal has been one of the highlights of my career. With Alex Chriss and his leadership team in

place, I leave the Board with full con

and success. It has been a great honor to lead the PayPal community, and I look forward to seeing where Alex

will take the company next."

John Donahoe, Chairman of the PayPal Board, stated:

"On behalf of the Board of Directors, I thank Dan for his outstanding leadership and commitment to PayPal.

Under Dan's vision, PayPal became a leading digital payments company that is trusted around the world. Dan

established a strong foundation for PayPal's future growth."

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Disclaimer

PayPal Holdings Inc. published this content on 14 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2023 15:16:35 UTC.