2021 Summary of Benefits

PayPal benefits are designed to help you support you and your family, so you can take care of what matters most. We’re here to support you, no matter what life throws your way. Your health, your finances, your family—your overall well-being. This summary highlights our 2021 Benefit programs for PayPal employees working in Canada.

Eligibility

Eligibility for the following benefits is effective as of your date of hire and available for employees working 20 or more hours a week. Eligible dependents include spouses and unmarried children under age 21 (or under age 25 for full-time students). Healthcare Extended Health Care The extended health care plan reimburses medical expenses for you and your eligible dependents that are not paid by provincial health care. Maximum amounts shown below are per covered person. The overall lifetime maximum for in-Canada expenses is unlimited. Out-of-Canada expenses are subject to a $3,000,000 lifetime maximum per person.  Reimbursement: - 90% for the first $2,500 paid claims for prescription drugs reimbursed based on generic drug cost; 100% reimbursement thereafter in a calendar year - 90% for paramedical services; - 100% for all other benefits (emergency out-of-country, hospital, medical services and supplies, and vision)  Annual deductible: No deductible  Paramedical practitioners: 90% coverage to the annual maximum of $1,500 combined, including occupational therapy (OT), chiropractors, physiotherapists, podiatrists, naturopaths, speech therapists, osteopaths, massage therapists, psychologists/social workers, clinical counsellors, and acupuncturists  Private duty nursing: annual maximum of $10,000;  Other coverage: medical appliances and supplies, ambulance, semi- private hospital room and various other coverage  Out-of-province emergency medical and travel benefits (Global Medical Assistance): - Medical expenses and travel assistance in case of an emergency while traveling Dental The dental care plan reimburses dental expenses to help you and your family maintain healthy teeth and gums. Maximums shown are per person.  Annual maximum for basic & major services combined: $2,500 Page 1 of 5 2021 Summary of Benefits

 Reimbursement: varies by service provided  Deductible: none Dental (continued)  Basic Services: - Reimbursement: 100% - Diagnostic, preventative and restorative (fillings); extractions and minor surgery - Periodontics (treatment of gum disease) - Endodontics (root canal therapy)  Check-up frequency: every 6 months  Major Services: - Reimbursement: 50% - Crowns, inlays and onlays, bridges, dentures  Orthodontic Services (children and adults): - Reimbursement: 50% - Treatment of crooked and misaligned teeth  Lifetime orthodontic maximum: $2,000 Vision Care  Eye exam: Once per year  Combined maximum of glasses, contact lenses and laser eye surgery: $300 every 24 months ($300 every 12 months for children under age 19) Employer Contribution Company pays 100% of premiums for employee and dependents. Retirement Retirement Plan Group Registered Retirement Savings Plan (RRSP). PayPal will match 100% of your contributions up to 4% of base earnings annually. All combined annual contributions must be less than your personal RRSP deduction limit, which is set by the Canada Revenue Agency annually. Employee Contributions Voluntary Time Off Give Time Off One day annually Paid Time Off 16 days in your first year of employment, then an additional day each subsequent year up to 20 days per year. Public Holidays  Jan 1, 2021 New Year’s Day  Feb 15, 2021 Family Day  Apr 2, 2021 Good Friday  May 24, 2021 Victoria Day  Jul 1, 2021 Canada Day  Aug 2, 2021 BC Day  Sep 6, 2021 Labour Day  Oct 11, 2021 Thanksgiving Day  Nov 11, 2021 Remembrance Day  Dec 27, 2021 Christmas Day (observed)  Dec 28, 2021 Boxing Day (observed) Sabbatical After 5 years of service, employees are eligible for 4 weeks of paid sabbatical. Sick Leave  Regular full-time salaried employees are entitled to use up to 5 paid sick leave days each year.  Regular part-time salaried employees earn paid sick leave on a pro-rata basis.

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Bereavement Leave  Up to twenty (20) consecutive business days of paid time off with regular base pay to all regular employees when an employee’s spouse, domestic partner (DP), civil partner (CP), child, stepchild, DP child or CP child passes away.  Up to three (3) consecutive business days of paid time off with regular base pay to full-time and part-time regular employees when an employee’s parent, stepparent, grandparent, legal guardian, parent-in- law, sibling or stepsibling passes away.  PayPal provides one (1) day of paid time off with regular base pay to full-time and part-time regular employees when an employee’s aunt, uncle, brother- and sister-in-law, and daughter- or son-in-law, cousin, niece or nephew passes away.  Up to 2 additional days if extensive travel is required. Pregnancy Leave Up to 17 consecutive weeks: During the pregnancy leave, the employee may be eligible to receive benefits under Employment Insurance (EI) and the Company Pregnancy Benefit Pay (PBP). Parental Leave A birth mother who has taken pregnancy leave is entitled to take up to 61 consecutive weeks of unpaid leave. A birth mother who has not taken pregnancy leave is entitled to take up to 62 weeks of unpaid leave.

Other parents are entitled to take up to 62 consecutive weeks of unpaid leave. The leave can begin anytime within 78 weeks of the birth or placement of the child. This leave may be extended by up to five weeks if the child requires an additional period of parental care. Other Leaves  Personal Leave: up to 30 days of unpaid leave  Family Medical Leave: up to 8 weeks of unpaid leave in a 26-week period to provide care and support to a family member for whom a qualified health practitioner has issued a certificate. Life and Disability Insurance Life Insurance  Basic employee life insurance: 2 x annual base earnings up to $500,000; premium paid by PayPal  Spousal life insurance: $10,000  Child life insurance: $5,000  Optional employee life insurance: units of $10,000 to a maximum of $500,000; paid by employee  Optional spouse life insurance: units of $10,000 to a maximum of $500,000; paid by employee Accidental Death and  Basic employee accident insurance: 2 x annual base earnings; premium Dismemberment paid by PayPal (AD&D)  Optional employee & family accident insurance paid by employee - Employee coverage: units of $10,000 to a maximum of $250,000 - Spousal coverage: 50% of the employee AD&D coverage if you do not have children, or 40% of your AD&D coverage, if you have children  Child(ren) coverage: 10% of your AD&D coverage if you do not have a spouse, or 5% of your AD&D coverage if you have a spouse Short-Term Disability  Waiting period: 7 calendar days (waived for accidental injury or if you are hospitalized)  Benefits payments: 100% of salary continuation for the first 6 weeks of

disability, followed by 75% thereafter up to the maximum benefit period, with a maximum weekly benefit of $3,000 Page 3 of 5 2021 Summary of Benefits

Short-Term Disability  Maximum benefit period: 17 weeks (continued)  Premium paid by PayPal Long-Term Disability  Waiting period: 119 days  Benefit payments: - 66 2/3% of first $2,500 of monthly base earnings plus 50% of the next $3,500 of monthly base earnings plus 40% of the remainder of monthly base earnings up to $10,000 (tax-free)  Maximum benefit period: as long as you meet the definition of disability and insurance carrier’s requirements to a maximum of age 65  Premium paid by employee Business Travel Insurance Accidental Death The lesser of: (i) 5 times annual base salary; or (ii) USD $1,000,000 Out-Of-Country Medical coverage is provided for employees and accompanying Medical dependents while traveling on company business outside the country where they normally work, subject to a USD $50 deductible per incident. Total maximum for all medical expense benefits is USD $200,000 per trip and per person. Out-Of-Country Reimbursement is provided for lost or stolen personal items up to USD Lost/Stolen Baggage $500 per item, and limited to USD $1,000 per incident, when employees are traveling outside the country where they normally work. Out-Of-Country Reimbursement is provided for lost or stolen cash or cash equivalents up Lost/Stolen Cash to USD $500 per item, and limited to USD $1,000 per incident, when employees are traveling outside the country where they normally work. Employer Contribution The company pays 100% of the premiums for employee coverage. Additional Benefits Wellness Account* Employees receive up to $750 to spend on wellness activities. (MyHSA) For new employees, amount is pro-rated based on date of hire. *Vancouver employees only Education Assistance PayPal encourages and financially supports continuing education and development programs that meet the career goals of our employees and are aligned with the needs of our business, reimbursing up to $5,250 annually. Expert Medical Medical issues can impact your life, and decisions you make about them Opinion (offered are critical. All eligible employees will have access to Expert Medical through Advance Opinion (EMO), a free service that offers support and information to help Medical) you make fully informed decisions about care and treatment plans. EMO services are offered through Advance Medical, a global health care services provider. Employee Assistance Professional assistance for a wide range of circumstances, including Plan (EAP) Optum personal and work-related stress, couple and marital relationships, childcare and parenting challenges, elder care concerns, depression and anxiety, alcohol and drug misuse, family matters, bereavement, legal issues, financial concerns, career issues, and crisis and trauma counseling. Employee Relief Fund Our employees are our family, and we support each other and our overall wellness in good times and through difficult situations. This is why we have established the PayPal Employee Relief Fund (the “Fund”), which Page 4 of 5 2021 Summary of Benefits

provides assistance to our employees who are facing financial hardship immediately after an unforeseen, life-altering personal hardship. PayPal Gives Give back to your community, and we’ll reward your efforts. PayPal matches your donations to qualified nonprofits, dollar for dollar, up to $2,500 a year. Even if you give just $10, we’ll match it. Plus, you have up to 8 hours per year to volunteer your time to a qualified nonprofit of your choice. Financial Education Total wellness goes beyond feeling good and improving physical health— it also means building financial stability. Whether you are just starting your career, are in the middle of your career or nearing retirement, PayPal’s financial wellness program can provide information to help you establish goals and prepare for a financially sound future. PayPal has partnered with RSM to provide the Financial Wellness Education Program. RSM delivers knowledge and education through financial wellness seminars and unlimited access to one-on-one coaching to empower you to improve your financial wellness. meQuilbrium (meQ) An app designed to help you build the mental and emotional strength to face each day with confidence. meQ provides scientifically backed activities, tools and meditations to help you feel less stressed and manage uncertainty. You can track your mood and stress levels, view personalized recommendations to help strengthen relationships, and change negative thinking patterns. Cleo Expert guidance, advice, and tools to help you throughout your parenting journey. Cleo’s experts can support you every step of the way from birth preparation, breastfeeding, newborn sleep, to the return to work and beyond. Receive on-demand access to experts, personalized care plans, curated content, global parenting specialists, like early childhood educators, therapists and career coaches. ReThink Family support with 24/7 access to an online portal filled with thousands of step-by-step resources to help families raising children with learning, social or behavioral challenges, or developmental disabilities. With Rethink, you can collaborate with and connect all members of your child’s care team (teachers, therapists, medical professionals and family members) through one platform, which provides access to board-certified behavioral therapists, even if your child hasn’t been given a formal diagnosis.

Important: The information provided above is not intended to be a complete summary of your benefits. It is important for you to understand that because this document is only a summary, it cannot cover all the details of the benefits or how the rules will apply to every person in every situation. All of the specific terms and conditions related to these benefits, including the eligibility requirements, are set forth in official plan documents and/or insurance policies, contracts, certifications or other underlying benefit program documents. Every effort has been made to accurately describe these benefits. In the event there is any conflict between this benefit summary and the controlling documents, the controlling documents will be used in the actual determination of your benefits or rights and its terms and conditions will govern.

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