On April 9, 2024, PayPal Holdings Inc announced that it has received shareholder proposal from National Center for Public Policy Research (?NCPPR?) on behalf of the Free Enterprise Project of the NCPPR, requesting the Company to conduct an evaluation and issue a civil rights and non-discrimination report within the next year, at reasonable cost and excluding proprietary information and disclosure of anything that would constitute an admission of pending litigation, evaluating how the Company?s policies and practices impact employees and prospective employees based on their race, color; religion (including religious views), sex, national origin or political views, and the risks those impacts present to the Company?s business. In addition, the Company recommended the shareholders to vote against the Proposal at the annual meeting of shareholders scheduled to be held on May 22, 2024.