Starboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of eBay Inc. (NASDAQ: EBAY), with an ownership interest of more than 1.0% of the Company's outstanding shares, today announced that it has delivered a letter to both Thomas J. Tierney, eBay's Chairman of the Board, and Scott F. Schenkel, eBay's Interim Chief Executive Officer, with copies to the Company's Board of Directors.

The full text of Starboard's letter can be viewed at the following link:

http://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_Letter_to_EBAY_CEO_and_Board_02.04.2020.pdf

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