Notice of Annual Meeting of Stockholders and Proxy Statement and Annual Report

The report presents PayPal's 2020 ESG governance and performance highlights, including Board-level oversight through the Governance Committee and completion of its inaugural ESG materiality assessment. It sets a long-term goal of reaching net-zero GHG emissions by 2040 and a medium-term target to reduce operational GHG emissions 25% by 2025 from a 2019 baseline. The report also notes 98% renewable energy use in data centers and extensive employee wellness, diversity, inclusion, equity and belonging programs.