eBay Files 2024 Investor Presentation Proxy Statement

TL;DR

eBay dropped its 2024 investor deck proxy statement. Standard stuff.

AI Summary

eBay Inc. filed a Definitive Proxy Statement (DEFA14A) on June 6, 2024, related to its 2024 Investor Presentation. The filing is a standard proxy statement and does not appear to contain specific financial proposals or significant new disclosures beyond what is typical for such filings.

Why It Matters

This filing provides shareholders with information regarding eBay's upcoming investor presentation, allowing them to stay informed about the company's strategic direction and performance.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an investor presentation, not indicating any unusual risks or significant corporate actions.

Key Players & Entities

• EBAY INC (company) — Registrant
• 0001065088 (company) — Central Index Key
• 2025 HAMILTON AVENUE (company) — Business Address
• SAN JOSE (company) — Business Address City
• CA (company) — Business Address State
• 95125 (company) — Business Address Zip
• 408-376-7400 (company) — Business Phone

FAQ

Key Financial Figures

• $1.4B — PS) by double-digits. We generated over $1.4B of total advertising revenue in FY&rsqu
• $1B — our marketplace and contributed nearly $1B in incremental GMV in 2023. We launched
• $1.1 — hion 132M Active Buyers 16M Enthusiasts $1.1T Total TAM $575B Non - NIS TAM $ 10.1 B
• $575B — Buyers 16M Enthusiasts $1.1T Total TAM $575B Non - NIS TAM $ 10.1 Billion Total Reve
• $73.2 Billion — - NIS TAM $ 10.1 Billion Total Revenue $73.2 Billion GMV ~2B Listings Across 190+ Global Mar
• $4.24 — ets 27.4 % Non - GAAP Operating Margin* $4.24 Non - GAAP Earnings per Share* $10B+ of
• $10B — n* $4.24 Non - GAAP Earnings per Share* $10B+ of GMV In Each of Our Top 5 Categories
• $1.25 — 30.3%. Non - GAAP EPS grew +13% Y/Y to $1.25. Non - GAAP EPS & Y/Y Growth* EBAY TSR
• $1.07 — Growth* EBAY TSR Performance Since 2019 $1.07 $1.11 $1.03 $1.03 $1.07 $1.25 Q4 22 Q1
• $1.11 — * EBAY TSR Performance Since 2019 $1.07 $1.11 $1.03 $1.03 $1.07 $1.25 Q4 22 Q1 23 Q2
• $1.03 — TSR Performance Since 2019 $1.07 $1.11 $1.03 $1.03 $1.07 $1.25 Q4 22 Q1 23 Q2 23 Q3
• $5B — cation Tenets Key Investments valued at $5B+ as of 3/31/24 * Preserve financial fle
• $25B — nds Share Repurchases & Dividends ($B) ~$25B Since 2019 * Investments valuation as o
• $4.2B — on as of 03/31/2024. Includes: Adevinta $4.2B (pre - Permira & Blackstone deal), Adye
• $0.5 — pre - Permira & Blackstone deal), Adyen $0.5B, GMarket $0.3B, and other $0.2B JL0 B

Filing Documents

• e24280_ebay-defa14a.htm (DEFA14A) — 55KB
• ebay_logo-color.jpg (GRAPHIC) — 25KB
• image_001.jpg (GRAPHIC) — 49KB
• image_002.jpg (GRAPHIC) — 387KB
• image_003.jpg (GRAPHIC) — 134KB
• image_004.jpg (GRAPHIC) — 61KB
• image_005.jpg (GRAPHIC) — 355KB
• image_006.jpg (GRAPHIC) — 187KB
• image_007.jpg (GRAPHIC) — 206KB
• image_008.jpg (GRAPHIC) — 218KB
• image_009.jpg (GRAPHIC) — 61KB
• image_010.jpg (GRAPHIC) — 237KB
• image_011.jpg (GRAPHIC) — 197KB
• image_012.jpg (GRAPHIC) — 177KB
• image_013.jpg (GRAPHIC) — 262KB
• image_014.jpg (GRAPHIC) — 255KB
• image_015.jpg (GRAPHIC) — 46KB
• image_016.jpg (GRAPHIC) — 228KB
• image_017.jpg (GRAPHIC) — 217KB
• image_018.jpg (GRAPHIC) — 241KB
• image_019.jpg (GRAPHIC) — 237KB
• image_020.jpg (GRAPHIC) — 71KB
• image_021.jpg (GRAPHIC) — 242KB
• image_022.jpg (GRAPHIC) — 282KB
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• image_024.jpg (GRAPHIC) — 201KB
• image_025.jpg (GRAPHIC) — 31KB
• image_026.jpg (GRAPHIC) — 133KB
• image_027.jpg (GRAPHIC) — 181KB
• image_028.jpg (GRAPHIC) — 139KB
• image_029.jpg (GRAPHIC) — 238KB
• image_030.jpg (GRAPHIC) — 152KB
• image_031.jpg (GRAPHIC) — 36KB
• 0001552781-24-000375.txt ( ) — 7921KB

Executive Compensation

Executive Compensation Compensation Program Overview Compensation Program Metrics and Rationales Human Capital, DE&I, and Impact Workforce Culture & Employee Engagement Diversity, Equity & Inclusion Update Impact Update Business, Strategy & Capital Allocation Our Purpose & Strategy We Connect People & Build Communities to Create Economic Opportunity for All Our unique scale, relentless focus on supporting the environment and the communities that we serve, and long track record of success make eBay one of the world’s most trusted and sustainable marketplaces. Reinventing the Future of Ecommerce for Enthusiasts We have maintained a world-class leadership team with a vision for the future and uncompromising focus on customer centricity. Our growth strategy is focused on categories where we’re uniquely positioned to win, prioritizing non-new-in-season inventory, which makes up ~90% of Gross Merchandise Volume. We are focused on delivering Relevant Experiences for customers across all shopping occasions. Through our Focus Category playbook, we have seen a meaningful improvement in our growth relative to the market in every category we’ve invested in to-date. Our Scalable Solutions like first-party advertising, payments / financial services offerings, and eBay International Shipping have improved velocity, reduced transactional friction for customers, and generated incremental revenue for eBay. Our commitment to delivering Magical Innovations for customers is aided by recent advancements in Artificial Intelligence, including Generative AI, allowing us to fundamentally change the customer experience on eBay and drive meaningful efficiency and productivity improvements across our organization. Focused on Delivering Long-Term, Sustainable Growth Focus Category GMV grew 4% Y/Y on an FX-neutral (FXN) basis in FY’23 and outpaced the remainder of our marketplace by ~7 points, as our investments in trust, user experience, and marketing are driving higher

Executive Compensation © 2024 eBay. All rights reserved. Confidential and proprietary

Executive Compensation © 2024 eBay. All rights reserved. Confidential and proprietary. Compensation Program Aligned with Business Goals & Culture Our compensation program is heavily performance and equity - based and aligns management with stockholders. *Performance - based restricted stock unit awards (PBRSUs) and performance - based stock option awards (PBSOs) Limited perquisites to executive officers Emphasize pay - for - performance Majority of compensation is performance - based Multiple performance measures, caps on incentive payments, and overlapping long - term performance periods for PBRSUs* and PBSOs* Meaningful stock ownership requirements for executive officers Maintain a robust clawback policy Engage an independent compensation consultant Prohibit hedging and pledging by executive officers and directors …the goals of our executive pay program Align compensation with our business objectives, performance, and stockholder interests Motivate executive officers to enhance short - term results and long - term stockholder value Position us competitively among the companies against which we recruit and compete for talent Enable us to attract, reward, and retain executive officers and other key employees who contribute to our long - term success 1 2 3 4 Pay practices align with and support… Performance - Based Compensation Program Drives Long - Term Stockholder Returns Rigorous Goal and Target Setting Process • In the first quarter of the year, the Compensation and Human Capital Committee approves Company performance measures based on business criteria and target levels of performance for the annual bonus program ( eIP ), performance - based restricted stock unit awards (PBRSUs), and performance - based stock option awards (PBSOs). • For eIP and PBRSUs, targets are set based primarily on the Company’s Board - approved budget for the year. For PBSOs granted in 2023, targets were set based on achievable goals with strong manage

View Full Filing

View this DEFA14A filing on SEC EDGAR