PayPal Holdings Investor Presentation — February 2022

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Q4/FY 2021 Results 1

Fourth Quarter and Full Year

San Jose, California | February 1, 2022

PAYPAL HOLDINGS, INC. (NASDAQ: PYPL)

Q4’21: Solid finish to another strong year

• Total Payment Volume (TPV) of $339.5 billion, growing 23% on a spot and FX-neutral basis (FXN); net revenues of $6.9 billion,

growing 13% on a spot and FXN basis

• GAAP EPS of $0.68 compared to $1.32 in Q4’20; non-GAAP EPS of $1.11 compared to $1.08 in Q4’20

• 9.8 million Net New Active Accounts (NNAs) added, including 3.2 million from the acquisition of Paidy

FY’21: Total Payment Volume (TPV) hits $1.25 trillion

• TPV of $1.25 trillion, growing 33% and 31% on an FXN basis; net revenues of $25.4 billion, growing 18% and 17% FXN

• GAAP EPS of $3.52, down 1%; non-GAAP EPS of $4.60, up 19%

• Operating Cash Flow of $6.3 billion; Free Cash Flow of $5.4 billion

• 48.9 million NNAs added; ended the year with 426 million active accounts

FY’22: Expect TPV to reach $1.5 trillion and revenue to surpass $29 billion

• TPV expected to grow 19%-22% at currrent spot rates and 21%-23% on an FXN basis

• Revenue expected to grow 15%-17% on a spot and FXN basis; excluding eBay, revenue expected to grow 19%-21%

• GAAP EPS expected to be in the range of $2.97-$3.15; non-GAAP EPS expected to be in the range of $4.60-$4.75

• 15 to 20 million NNAs expected to be added to PayPal’s platform in FY’22

2021 was one of the strongest years

in PayPal’s history. We reached

$1.25 trillion in TPV and launched

more products and experiences

than ever before. The future is

moving in our direction, and we

are investing in our consumer and

merchant capabilities to seize the

opportunity in front of us.”

President and CEODan SchulmanQ4’21 FY’21

Net RevenuesQ4 and FY’21 Highlights

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