Item 16. FORM 10-K SUMMARY

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Item 16. FORM 10-K SUMMARY

None.

INDEX OF EXHIBITS

Incorporated by Reference
Exhibit NumberExhibit DescriptionFiled with this Form 10-KFormDate Filed
2.01Separation and Distribution Agreement by and between eBay Inc. and PayPal Holdings, Inc.10-12B/A6/26/2015
3.01PayPal Holdings, Inc. Restated Certificate of Incorporation10-Q7/27/2017
3.02PayPal Holdings, Inc. Amended and Restated Bylaws effective September 27, 20238-K10/2/2023
4.01Description of Securities10-K2/6/2020
4.02Indenture, dated as of September 26, 2019, by and between PayPal Holdings, Inc. and Wells Fargo Bank, National Association, as Trustee8-K9/26/2019
4.03Officer’s Certificate, dated as of September 26, 2019, pursuant to the Indenture, dated as of September 26, 2019, by and between PayPal Holdings, Inc. and Wells Fargo Bank, National Association, as Trustee8-K9/26/2019
4.04Form of 2022 Note (included in Exhibit 4.03)8-K9/26/2019
4.05Form of 2024 Note (included in Exhibit 4.03)8-K9/26/2019
4.06Form of 2026 Note (included in Exhibit 4.03)8-K9/26/2019
4.07Form of 2029 Note (included in Exhibit 4.03)8-K9/26/2019
4.08Officer’s Certificate, dated as of May 18, 2020, pursuant to the Indenture, dated as of September 26, 2019, by and between PayPal Holdings, Inc. and Wells Fargo Bank, National Association, as Trustee8-K5/18/2020
4.09Form of 2025 Note (included in Exhibit 4.08)8-K5/18/2020
4.10Form of 2030 Note (included in Exhibit 4.08)8-K5/18/2020
4.11Form of 2050 Note (included in Exhibit 4.08)8-K5/18/2020
4.12Officer’s Certificate, dated as of May 23, 2022, pursuant to the Indenture, dated as of September 26, 2019, by and between PayPal Holdings, Inc. and Wells Fargo Bank, National Association, as Trustee8-K5/23/2022
4.13Form of 2027 Note (included in Exhibit 4.2)8-K5/23/2022
4.14Form of 2032 Note (included in Exhibit 4.2)8-K5/23/2022
4.15Form of 2052 Note (included in Exhibit 4.2)8-K5/23/2022
4.16Form of 2062 Note (included in Exhibit 4.2)8-K5/23/2022
4.17Officer's Certificate pursuant to the Indenture, dated as of June 9, 20238-K6/9/2023
4.18Form of Note for 0.813% Notes due 2025 (included in Exhibit 4.17)8-K6/9/2023
4.19Form of Note for 0.972% Notes due 2026 (included in Exhibit 4.18)8-K6/9/2023
4.20Form of Note for 1.240% Notes due 2026 (included in Exhibit 4.18)8-K6/9/2023
10.01Tax Matters Agreement by and between eBay Inc. and PayPal Holdings, Inc. dated July 17, 20158-K7/20/2015
10.02+PayPal Employee Incentive Plan, as amended and restatedDEF 14A4/14/2016
10.03+PayPal Holdings, Inc. Amended and Restated 2015 Equity Incentive Award Plan8-K5/31/2023
10.04+PayPal Holdings, Inc. Amended and Restated Deferred Compensation Plan effective November 6, 201810-K2/7/2019
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Incorporated by Reference
Exhibit NumberExhibit DescriptionFiled with this Form 10-KFormDate Filed
10.05+PayPal Holdings, Inc. Executive Change in Control and Severance Plan, as amended and restated, effective as of September 27, 202110-Q11/9/2021
10.06+Form of Indemnity Agreement between PayPal Holdings, Inc. and individual directors and officers10-12B/A5/14/2015
10.07+Form of Global Restricted Stock Unit Award Grant Notice and Restricted Stock Unit Award Agreement under the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan10-12B/A5/14/2015
10.08+Form of Global Performance Based Restricted Stock Unit Award Grant Notice and Performance Based Restricted Stock Unit Award Agreement under the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan, as amended and restated10-Q4/27/2017
10.09+Form of Global Notice of Grant of Stock Option and Stock Option Agreement under the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan10-12B/A5/14/2015
10.10+Form of Director Annual Award Agreement under the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan10-12B/A5/14/2015
10.11+Form of Electing Director Quarterly Award Agreement under the PayPal Holdings, Inc. 2015 Equity Incentive Award Plan10-12B/A5/14/2015
10.12+PayPal Holdings, Inc. Amended and Restated Employee Stock Purchase Plan8-K5/25/2018
10.13+Amendment to PayPal Holdings, Inc. Amended and Restated Employee Stock Purchase Plan10-Q11/9/2021
10.14+PayPal Holdings, Inc. 2022 Inducement Plan10-Q8/2/2022
10.15+Offer Letter dated September 29, 2014 between eBay Inc. and Daniel Schulman10-12B/A5/14/2015
10.16+Amendment dated December 31, 2014 to Offer Letter between eBay Inc. and Daniel Schulman10-12B/A5/14/2015
10.17+Letter dated April 13, 2015 from eBay Inc. to Jonathan Auerbach10-K2/11/2016
10.18+Letter Agreement, dated April 17, 2016, between Aaron Karczmer and PayPal Holdings, Inc.10-Q4/27/2017
10.19+Letter Agreement effective July 13, 2022, between Blake Jorgensen and PayPal Holdings, Inc.10-Q8/2/2022
10.20+Letter Agreement dated June 15, 2022 between Gabrielle Rabinovitch and PayPal Holdings, Inc.8-K6/17/2022
10.21+Letter Agreement dated September 27, 2022 between Gabrielle Rabinovitch and PayPal Holdings, Inc.8-K10/3/2022
10.22+Letter Agreement dated September 1, 2022 between John Kim and PayPal Holdings, Inc.10-Q11/3/2022
10.23+Letter Agreement by and between PayPal Holdings, Inc. and Alex Chriss, dated August 10, 20238-K8/14/2023
10.24+Offer Letter, dated October 29, 2023, by and between PayPal Holdings, Inc. and Jamie Miller8-K11/1/2023
10.25+^Transition Agreement by and between PayPal, Inc. and Gabrielle Rabinovitch, dated December 21, 20238-K12/22/2023
10.27Credit Agreement, dated as of June 7, 2023, among PayPal Holdings, Inc. the Designated Borrowers party thereto, the Lenders party thereto and JPMorgan Chase Bank, N.A. and J.P. Morgan Securities Australia Limited, as the Administrative Agents8-K6/13/2023
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Incorporated by Reference
Exhibit NumberExhibit DescriptionFiled with this Form 10-KFormDate Filed
10.28†Receivables Purchase Agreement, dated as of June 16, 2023 in the form as amended and restated as of October 13, 2023 by and between PayPal (Europe) S.à r.l. et Cie, SCA (as Seller and Receivables Manager), Alps Partners S.à r.l. (as Purchaser), BNY Mellon Corporate Trustee Services limited (as Security Agent), Avega S.à r.l. (as Back-Up Receivables Manager Facilitator) and Alps Partners (Holding) S.à r.l. (as Class C Lender)10-Q11/2/2023
10.29†Receivables Management Agreement, dated as of June 16, 2023 in the form as amended and restated as of October 13, 2023 by and between PayPal (Europe) S.à r.l. et Cie, SCA (as Seller and Receivables Manager), Alps Partners S.à r.l. (as Purchaser), Avega S.à r.l. (as Back-Up Receivables Manager Facilitator) and Alps Partners (Holding) S.à r.l. (as Class C Lender)10-Q11/2/2023
10.30+Offer Letter, dated October 23, 2023, by and between PayPal Holdings, Inc. and Michelle GillX
10.31+Offer Letter, dated October 23, 2023, by and between PayPal Holdings, Inc. and Diego ScottiX
10.32+Offer Letter, dated December 4, 2023, by and between PayPal Holdings, Inc. and Suzan KereereX
10.33+Independent Director Compensation PolicyX
21.01List of SubsidiariesX
22.01PricewaterhouseCoopers LLP consentX
23.01Power of Attorney (see signature page)X
31.01Certification of PayPal Holdings, Inc.’s Chief Executive Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002X
31.02Certification of PayPal Holdings, Inc.’s Chief Financial Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002X
32.01Certification of PayPal Holdings, Inc.’s Chief Executive Officer, as required by Section 906 of the Sarbanes-Oxley Act of 2002X
32.02Certification of PayPal Holdings, Inc.’s Chief Financial Officer, as required by Section 906 of the Sarbanes-Oxley Act of 2002X
97.1PayPal Holdings, Inc. Mandatory Recovery Policy for Executive OfficersX
101The following financial information related to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, formatted in iXBRL (Inline Extensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Income (Loss), (iii) the Consolidated Statements of Comprehensive Income (Loss), (iv) the Consolidated Statements of Stockholders’ Equity, (v) the Consolidated Statements of Cash Flows; and (vi) the related Notes to Consolidated Financial StatementsX
104Cover Page Interactive Data File, formatted in iXBRL and contained in Exhibit 101X

+ Indicates a management contract or compensatory plan or arrangement.

† Certain portions of this exhibit have been omitted pursuant to Item 601(b)(10)(iv) of Regulation S‑K.

^ Schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Registrant agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request.

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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, on February 7, 2024.

PayPal Holdings, Inc.
By:/s/ Alex Chriss
Name: Title:Alex Chriss President, Chief Executive Officer and Director

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Alex Chriss, Jamie Miller, Bimal Patel, Brian Y. Yamasaki and Hasitha Verma, and each or any one of them, each with the power of substitution, his or her attorney-in-fact, to sign any amendments to this report, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his or her substitute or substitutes, may do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on February 7, 2024.

Principal Executive Officer:Principal Financial Officer and Principal Accounting Officer:
By:/s/ Alex ChrissBy:/s/ Jamie Miller
Alex ChrissJamie Miller
President, Chief Executive Officer and DirectorExecutive Vice President, Chief Financial Officer

Additional Directors

By:/s/ Rodney C. AdkinsBy:/s/ Jonathan Christodoro
Rodney C. AdkinsJonathan Christodoro
DirectorDirector
By:/s/ John J. DonahoeBy:/s/ David W. Dorman
John J. DonahoeDavid W. Dorman
DirectorDirector
By:/s/ Belinda JohnsonBy:/s/ Enrique Lores
Belinda JohnsonEnrique Lores
DirectorDirector
By:/s/ Gail J. McGovernBy:/s/ Deborah M. Messemer
Gail J. McGovernDeborah M. Messemer
DirectorDirector
By:/s/ David M. MoffettBy:/s/ Ann M. Sarnoff
David M. MoffettAnn M. Sarnoff
DirectorDirector
By:/s/ Frank D. Yeary
Frank D. Yeary
Director

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