PayPal Holdings, Inc. Announces Appointment of Joy Chik to Board of Directors
San Jose, CA – March 10, 2025 – PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Joy Chik has been appointed to the company’s Board of Directors, effective immediately. Ms. Chik currently serves as the President of Identity and Network Access at Microsoft and brings extensive expertise in technology, cybersecurity, and digital identity solutions.

Key Highlights of the Appointment:
Ms. Chik fills a vacancy created by an expansion of PayPal’s Board from 11 to 12 members.
She will also serve as a member of PayPal’s Audit, Risk, and Compliance Committee.
As a non-employee director, she will receive compensation as outlined in PayPal’s proxy statement filed with the SEC on April 9, 2024.
There are no material transactions between Ms. Chik and PayPal that require disclosure under Item 404(a) of Regulation S-K.
Dan Schulman, Chairman of PayPal's Board, stated:
"We are delighted to welcome Joy Chik to our Board. Her deep knowledge of identity and security in the digital landscape will be invaluable as we continue to innovate and enhance trust in our platform."