On March 7, 2023, PayPal Holdings, Inc. announced that Blake Jorgensen, Executive Vice President, will step down from his position, effective immediately. Mr. Jorgensen will remain with the Company as a senior advisor through September 15, 2023. Mr. Jorgensen's decision does not reflect any dispute or disagreement with the Company and Mr. Jorgensen's compensation will be unchanged during the period he serves as a senior advisor.

Gabrielle Rabinovitch will continue to serve as SVP, Investor Relations and Treasurer.