PayPal — Oct 28, 2025 release

Implementation of Dividend Program • Today, PayPal announced that its Board of Directors (the “Board”) approved the initiation of a quarterly cash dividend program and declared a cash dividend of $0.14 per share on the Company’s common stock, payable on December 10, 2025, to stockholders of record as of the close of business on November 19, 2025. This represents a targeted payout ratio of 10% of non-GAAP net income. • The Company intends to pay a cash dividend on its common stock on a quarterly basis going forward, subject to and contingent upon market conditions and approval by the Board in its sole discretion.          1.TM$, TM$ excluding interest on customer balances, non-GAAP operating income, non-GAAP operating margin, non-GAAP EPS, free cash flow, and adjusted free cash flow are non-GAAP financial measures. “Non-GAAP Measures of Financial Performance” and subsequent tables at the end of this press release provide reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures. 2. Interest on customer balances is reported within other value added services (“OVAS”) revenue and primarily comprises interest and revenue earned on customer assets. 3. 3Q'25 GAAP EPS includes ~$0.01 positive impact from PayPal’s strategic investment portfolio and crypto assets held for investment, compared to a ~$0.14 negative impact in 3Q'24.     4. Payment transactions ex-PSP and TPA ex-PSP exclude unbranded card processing transactions and accounts. 3Q 2025 Results 1                               3Q'25 Financial Results Presented in millions, except per share data and