Investor Presentaiton

Revenue Better-than-expected revenue growth of 8.6% spot and 10.4% FXN Total Revenue ($B) 7.383 • Total revenue grew 9% at spot and 10% FXN 7.040 6.918 6.806 6.846 6.483 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Y/Y Growth 13% 7% 9% 11% 7% 9% FXN Y/Y Growth 13% 8% 10% 12% 9% 10% PayPal ©2023 PayPal Holdings, Inc. • о о Transaction revenue grew 6%, driven primarily by Braintree Other Value Added Services (OVAS) revenue increased 39%, driven by interest on customer balances and credit Hedging gains, recognized in international transaction revenue, were $76M in Q1-23 vs. hedging gains of $47M in Q1-22 Exiting Q1, at exchange rates as of March 31, 2023, our derivative positions are not expected to result in the recognition of hedging gains or losses in international transaction revenue over the next 12 months Q1-23 Investor Update • 15

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