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Investor Presentaiton

Capital Allocation Returned $4.1B to stockholders through share repurchases on a trailing 12-month basis. 0.8 Capital Allocation ($B) Share Repurchases Acquisitions & Strategic Investments Capex 0.7 1.0 04 1.0 2.8 ..: 0.7 0.9 0.9 3.1 0.7 0.3 3.8 0.7 1.3 4.2 3.5 3.4 0.2 1.4 1.6 1.4 2016 2017 2018 2019 2020 2021 2022 2023 YTD • Generated ~$30B in FCF since becoming an independent company in July 2015 • In Q1-23, returned $1.4B in capital to stockholders by repurchasing ~19M shares at an average price of $76.60 per share • On a trailing 12-month basis, returned $4.1B to stockholders by repurchasing ~48M shares, >80% of FCF Since separation, allocated $18B to share repurchases and $13B to acquisitions and strategic investments • Free cash flow is a non-GAAP financial measure. Please see the Supplemental Information for a reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure. PayPal ©2023 PayPal Holdings, Inc. Q1-23 Investor Update • 20
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