On January 3, 2023, Jeffrey Karbowski, Vice President and Chief Accounting Officer, notified PayPal Holdings, Inc. of his decision to resign from the Company effective February 10, 2023 to pursue another opportunity. Mr. Karbowski's resignation does not reflect any dispute or disagreement with the Company. Gabrielle Rabinovitch, Acting Chief Financial Officer and SVP, Investor Relations and Treasurer, has been designated as the Company's principal accounting officer on an interim basis effective upon Mr. Karbowski's departure.