Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On September 21, 2021, Mastercard Incorporated ("Mastercard" or the "Company") announced that Ajay Banga, 61, the Company's current Executive Chairman, will retire effective on December 31, 2021.

Mr. Banga has served as Mastercard's Executive Chairman since January 2021. He previously was appointed the Company's President & Chief Executive Officer in 2010, and he joined the Company's Board of Directors (the "Board") the same year. He served as President & Chief Operating Officer from 2009 to 2010.

The Board has elected current Lead Independent Director Merit Janow to serve as non-executive Independent Chair of the Board, effective January 1, 2022.

A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits



(d) Exhibits.

  Exhibit Number    Exhibit Description
                      Press Release issued by Mastercard Incorporated, dated September
       99.1             2    1    , 2021
                    Cover Page Interactive Data File - the cover page interactive data file
        104         does not appear in the Interactive Data File because its XBRL tags are
                    embedded within the Inline XBRL document.


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