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Our History
PepsiCo is a world leader in convenient snacks, foods and beverages with revenues of more than $60 billion and over
285,000 employees. Take a journey through our past and see the key milestones that define PepsiCo.
http://www.pepsico.com/Company/Our-History.html

PepsiCo Profile
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We aspire to make PepsiCo the world¶s premier consumer products company, focused on convenient foods and beverages. We seek to
produce healthy financial rewards for investors as we provide opportunities for growth and enrichment to our associates, our business
partners and the communities in which we operate. And in everything we do, we strive to act with honesty, openness, fairness and integrity.




Our commitment is to deliver sustained growth through empowered people acting with responsibility and building trust. We define these
values as follows:

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 is fundamental to motivating and measuring our success. Our quest for sustained growth stimulates innovation, places a
value on results and helps us understand whether actions today will contribute to our future. This value is about the growth of our associates
and the company¶s performance. It prioritizes making a difference and getting things done.


 means we have the freedom to act and think in ways we feel will get the job done, while being consistent with the
processes that ensure proper governance and being mindful of the rest of the company¶s needs.





 form the foundation for healthy growth. It¶s about earning the confidence other people place in us as individuals and
as a company. Our responsibility means we take personal and corporate ownership for all we do, to be good stewards of the resources
entrusted to us. We build trust between ourselves and others by being committed to succeeding together.

   


We must always strive to:
m Care for customers, consumers and the world we live in
m Sell only products we can be proud of
m Speak with truth and candor
m Balance short term and long term
m Win with diversity and inclusion
m Respect others and succeed together
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World Business Council for

Member companies are united by a shared commitment to sustainable development.
Sustainable Development

World Economic Forum Members are committed to improving society and the environment.

 
   

PepsiCo expanded its existing efforts to help reduce obesity in the U.S. by joining the Healthy Weight
Healthy Weight Commitment
Commitment Foundation. This Foundation is a CEO-led organization and is a national, multiyear effort
Foundation
designed to help reduce obesity ² especially childhood obesity ² by 2015.

We are among nine leading food and beverage companies to sign the ³Global Commitment to Action on
International Food and the Global Strategy on Diet, Physical Activity and Health,´ a commitment addressed to the World Health
Beverage Alliance (IFBA) Organization. We agreed to five key global commitments to action that will take place over the next five
years and will report our progress in delivering these goals at the annual World Health Assembly meeting.

Oxford Health Alliance and PepsiCo Foundation implemented ÷ 



 , a
Oxford Health Alliance program to reduce chronic disease by targeting three risk factors: diet, physical activity level and tobacco
use.

Save the Children became one of PepsiCo Foundation¶s grantees in November 2008 with a $5 million
Save the Children grant for a program aimed at decreasing newborn and child mortality and malnutrition in India and
Bangladesh.

Alliance for a Healthier This is a joint alliance with the William J. Clinton Foundation and American Heart Association to combat
Generation childhood obesity.

Children¶s Advertising Review

Members evaluate child-directed advertising and self-regulate.
Unit (CARU)

Alliance for Family

Members support family-friendly programming on TV.
Entertainment

PepsiCo is working with this group on health and wellness initiatives, including supporting a research
National Council of La Raza
project to equip affiliate organizations with effective community-based healthful lifestyle programs. PepsiCo
(NCLR)
also is working with this group to advance diversity and inclusion.

PepsiCo is working with this group on health and wellness initiatives, including providing capacity
National Urban League development support to build organizational expertise in health and quality of life. We also work with this
group to advance diversity and inclusion.
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Carbon Trust A U.K. organization established to address climate change.

The Earth Institute at Columbia

One of the world¶s premier institutions dedicated to global sustainable development.
University

PepsiCo is a member of the CDP Supply Chain group driving improvements in climate change through
CDP Supply Chain
measurement and reduction of greenhouse gases in our supply chain.

Roundtable on Sustainable PepsiCo is a member of the Roundtable on Sustainable Palm Oil (RSPO) to help bring about a greater
Palm Oil (RSPO) supply of sustainable palm oil.

In 2009, PepsiCo joined the Sustainable Agriculture Initiative (SAI) Platform, which supports agricultural
Sustainable Agriculture
practices and production systems that preserve the future availability of resources and enhance their
Initiative
efficiency.

Air and Waste Management

Environmental professionals share information.
Association (A&WMA)

PepsiCo is a member of this U.S. Environmental Protection Agency program focused on voluntary
Climate Leaders
reductions of greenhouse gases.

UN CEO Water Mandate PepsiCo signed this mandate to contribute positively to the emerging water crisis.

Water.org¶s WaterCredit Initiative is an innovative program that uses microfinance to increase access to
Water.org
safe water and improve sanitation for local communities in India.

PepsiCo participates in this U.S. Environmental Protection Agency program focused on improving energy
ENERGY STAR
performance.

European Organization for

Members are dedicated to resolving the environmental challenges facing the packaging chain. PepsiCo is
Packaging and the
represented at the board level.
Environment (EUROPEN)

PepsiCo is working with this environmental group in India to manage solid waste in an environmentally
Exnora International
friendly manner.

Beverage Industry
Industry members are dedicated to addressing water issues.
Environmental Roundtable

This group is dedicated to recycling and community cleanups. Pepsi-Cola is a Great American Cleanup
Keep America Beautiful
founding partner.

We partner with this coalition of business and nongovernmental members, including Greenpeace, who are
Refrigerants Naturally!
committed to moving to ozone-friendly point-of-sale refrigeration.

Safe Water Network Members are working to help provide safe water for communities in need.

SmartWay Transport This is a U.S. Environmental Protection Agency partnership. Members are committed to promoting greater
     



Partnership energy efficiency and air quality within the freight transport business. Frito-Lay North America is a member.

Sustainable Packaging This industry-leading organization provides lifecycle analysis and design guidelines for sustainable
Coalition/GreenBlue packaging. PepsiCo is a member of the Executive Committee.

SUSTENTA Members of this Mexican group are committed to the betterment of solid waste management.

The Energy and Resources

PepsiCo is working with this group in India to expand the availability of water.
Institute (TERI)

Supplier Ethical Data Exchange

PepsiCo joined this group to partner with suppliers to improve performance across the supply chain.
(Sedex)

U.S. Climate Action Partnership

Member companies are working to encourage climate action to reduce greenhouse gas emissions.
(USCAP)



   

Cuban-American National PepsiCo is working with this group to advance diversity and inclusion, including building leadership
Council capacity.

Ethics Resource Center Members are devoted to the advancement of high ethical standards and practices.

Global Business Coalition Members lead the business fight against HIV/AIDS and related diseases.

Habitat for Humanity This Tropicana and Tostitos partnership with the national organization builds homes for the needy.

MacBride Principles Members subscribe to Northern Ireland diversity principles.

Make-A-Wish Foundation Frito-Lay North America is working with this group to encourage donations.

NAACP PepsiCo is working with this group to advance national leadership and grassroots activism.

National Minority Supplier

Members support minority supplier development.
Development Council

Organization of Chinese PepsiCo is working with this group to advance diversity and inclusion, especially through national
Americans leadership and grassroots activism.

OSHA Voluntary Protection This is a government health and safety program. Frito-Lay, Quaker, Tropicana and Gatorade plants
Plan participate in the OSHA VPP program.

Susan G. Komen Breast Frito-Lay North America has joined with this group to use SunChips multigrain snacks to raise awareness
Cancer Foundation for a cure for breast cancer.

Global Sullivan Principles of Members subscribe to human rights principles.

     



Social Responsibility

U.S. Pan Asian American PepsiCo is working with this group to advance diversity and inclusion, especially through national
Chamber of Commerce leadership and grassroots activism.

Women¶s Business Enterprise

Members work to promote women¶s enterprise.
National Council (WBENC)

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http://www.pepsico.com/Purpose/Performance-with-Purpose/PepsiCo-Profile.html

PepsiCo Foundation

As PepsiCo¶s philanthropic anchor, PepsiCo Foundation is responsible for providing charitable contributions to eligible
nonprofit organizations. The foundation is committed to developing sustainable partnerships and programs in underserved
regions that provide opportunities for improved health, environment and education.

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Through grant making, associate programs and disaster response, PepsiCo Foundation seeks to help the most impoverished people and
communities in the U.S. and around the world.

PepsiCo Foundation was established in 1962 with an initial focus on promoting health and wellness within PepsiCo. Later, the foundation¶s
focus was expanded to funding fitness education for youth. In 1998, PepsiCo became the first corporation to become a mission sponsor of
the YMCA of the USA.

PepsiCo and PepsiCo Foundation have since funded numerous initiatives promoting active lifestyles and educating consumers about making
smart dietary choices. The key principle behind all of these efforts is balancing nutrition and physical activity.
 Today, the foundation has evolved its goals to reflect the needs of underserved populations ² including nutrition and activity, safe water and
water usage efficiencies, and education and empowerment ² and has extended its grant making to the global community. In 2009 alone,
PepsiCo Foundation contributed $27.9 million toward charitable causes. The foundation also provides disaster response assistance.




 


PepsiCo Foundation seeks to foster healthy, vibrant and self-sufficient communities worldwide through global partnerships that improve the
quality of life across communities in areas of great need.



The majority of PepsiCo Foundation funding is applied to programs that concentrate on nutrition and activity, safe water and water usage
efficiencies, in addition to education and empowerment.

PepsiCo Foundation grants are focused on highly promising and effective programs and organizations with proven track records. Most
frequently, our partners¶ projects seek to spread across a large region in order to have the greatest possible impact in the communities in
which they work. We also give grants to build and strengthen an organization¶s capacity.

Our grant-making approach aims to create a collaborative network encompassing our partner organizations¶ expertise and experience. We
believe working together enables us to pool resources on particular issues and needs to effect significant value and impact.

Grant making at PepsiCo Foundation has evolved from the funding of individual projects to the development of targeted strategies. Through
this approach, we hope to generate optimum benefit for the communities and groups involved at a local level, creating sustainable and
economically viable communities.



 





 
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PepsiCo Foundation has a proud history of supporting associate involvement in the community. The foundation¶s commitment to encourage
the personal contributions made and volunteer leadership demonstrated by PepsiCo associates continues today through:

m The foundation¶s Matching Gifts program

m Support for United Way campaigns
m Secondary education assistance
PepsiCo Foundation also offers grants in recognition of associates¶ committed volunteer efforts.

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PepsiCo Foundation matches associates¶ personal contributions made to eligible nonprofit organizations.

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For more than three decades, PepsiCo and its associates have partnered with United Way chapters to help thousands of local organizations
and programs. This collaborative spirit, support and energy have helped create healthier and stronger communities across the U.S.


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The ExCEL Awards encourage and support post-secondary education for children of PepsiCo associates. If you are an interested PepsiCo
associate, please log on to www.mypepsico.com for more information on the ExCEL Scholarship program.
m  

The Diamond Scholars program in Dallas, Detroit, Miami, San Jose and Los Angeles offers annually renewable scholarship aid to urban
youth who have demonstrated an ability to overcome adversity, and who plan to pursue post-secondary education. To qualify, students must
write an essay about the importance of college and their goals for the future. Scholarships, which are for undergraduate study only, are
renewable for up to three years or until a bachelor¶s degree is earned, on the basis of satisfactory academic performance and continuing full-
time enrollment.

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When disaster strikes, PepsiCo Foundation provides financial assistance, in-kind product donations and human resource contributions to
help respond appropriately to people and communities affected.

http://www.pepsico.com/Purpose/PepsiCo-Foundation.html

Our Mission and Vision

At PepsiCo, we believe being a responsible corporate citizen is not only the right thing to do, but the right
thing to do for our business.
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Our mission is to be the world's premier consumer products company focused on convenient foods and beverages. We seek to produce
financial rewards to investors as we provide opportunities for growth and enrichment to our employees, our business partners and the
communities in which we operate. And in everything we do, we strive for honesty, fairness and integrity.

 

"PepsiCo's responsibility is to continually improve all aspects of the world in which we operate - environment, social, economic - creating a
better tomorrow than today."

Our vision is put into action through programs and a focus on environmental stewardship, activities to benefit society, and a commitment to
build shareholder value by making PepsiCo a truly sustainable company.


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At PepsiCo, we're committed to achieving business and financial success while leaving a positive imprint on society - delivering what we call


 

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Our approach to superior financial performance is straightforward - drive shareholder value. By addressing social and environmental issues,
we also deliver on our purpose agenda, which consists of human, environmental, and talent sustainability.

http://www.pepsico.com/Company/Our-Mission-and-Vision.html

Performance with Purpose

At PepsiCo, ³Performance with Purpose´ means delivering sustainable growth by investing in a healthier
future for people and our planet.
As a global food and beverage company with brands that stand for quality and are respected household names ² Quaker Oats, Tropicana,
Gatorade, Frito-Lay and Pepsi-Cola, to name a few ² we will continue to build a portfolio of enjoyable and wholesome foods and beverages;
find innovative ways to reduce the use of energy, water and packaging; and provide a great workplace for our associates. Additionally, we
will respect, support and invest in the local communities where we operate by hiring local people, creating products designed for local tastes
and partnering with local farmers, governments and community groups. Because a healthier future for all people and our planet means a
more successful future for PepsiCo. This is our promise.



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To all of our investors, it¶s a promise to strive to deliver superior, sustainable financial performance.

 
   

To the people of the world, it¶s a promise to encourage people to live healthier by offering a portfolio of both enjoyable and wholesome foods
and beverages.

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To the planet we all share, it¶s a promise to be a good citizen of the world, protecting the Earth¶s natural resources through innovation and
more efficient use of land, energy, water and packaging in our operations.



   
To the associates of PepsiCo, it¶s a promise to invest in our associates to help them succeed and develop the skills needed to drive the
company¶s growth, while creating employment opportunities in the communities we serve.

http://www.pepsico.com/Purpose/Performance-with-Purpose.html
 PepsiCo Values & Philosophy
Our Values & Philosophy are a reflection of the socially and environmentally responsible company we
aspire to be. They are the foundation for every business decision we make.
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We are committed to delivering sustained growth through empowered people acting responsibly and building trust.

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  is fundamental to motivating and measuring our success. Our quest for sustained growth stimulates innovation, places a
value on results, and helps us understand whether today's actions will contribute to our future. It is about the growth of people and company
performance. It prioritizes both making a difference and getting things done.

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means we have the freedom to act and think in ways that we feel will get the job done, while adhering to processes that
ensure proper governance and being mindful of company needs beyond our own.

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 form the foundation for healthy growth. We hold ourselves both personally and corporately accountable for
everything we do. We must earn the confidence others place in us as individuals and as a company. By acting as good stewards of the
resources entrusted to us, we strengthen that trust by walking the talk and following through on our commitment to succeeding together.

   


We uphold our commitment with six guiding principles.

We must always strive to:

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We are driven by the intense, competitive spirit of the marketplace, but we direct this spirit toward solutions that benefit both our company
and our constituents. Our success depends on a thorough understanding of our customers, consumers and communities. To foster this spirit
of generosity, we go the extra mile to show we care.
2. 
 


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The true test of our standards is our own ability to consume and personally endorse the products we sell. Without reservation. Our
confidence helps ensure the quality of our products, from the moment we purchase ingredients to the moment it reaches the consumer's
hand.
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We tell the whole story, not just what's convenient to our individual goals. In addition to being clear, honest and accurate, we are responsible
for ensuring our communications are understood.
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In every decision, we weigh both short-term and long-term risks and benefits. Maintaining this balance helps sustain our growth and ensures
our ideas and solutions are relevant both now and in the future.
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We embrace people with diverse backgrounds, traits and ways of thinking. Our diversity brings new perspectives into the workplace and
encourages innovation, as well as the ability to identify new market opportunities.
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Our mutual success depends on mutual respect, inside and outside the company. It requires people who are capable of working together as
part of a team or informal collaboration. While our company is built on individual excellence, we also recognize the importance and value of
teamwork in turning our goals into accomplishments
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The PepsiCo Family

Meet the four major divisions of the PepsiCo family: PepsiCo Americas Beverages, PepsiCo Americas Foods, PepsiCo
Europe, PepsiCo Middle East and Africa.

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Pepsi was founded in 1898 by Caleb Bradham, a New Bern, North Carolina,
druggist, who first formulated Pepsi-Cola.

Today, Brand Pepsi is part of a portfolio of beverage brands that includes

carbonated soft drinks, juices and juice drinks, ready-to-drink teas and coffee
drinks, isotonic sports drinks, bottled water and enhanced waters. PepsiCo
Americas Beverages (PAB) has well known brands such as Mountain Dew,
Diet Pepsi, Gatorade, Tropicana Pure Premium, Aquafina water, Sierra Mist,
Mug, Tropicana juice drinks, Propel, SoBe, Slice, Dole, Tropicana Twister and
Tropicana Season's Best.

In 1992 PAB formed a partnership with Thomas J. Lipton Co. to sell ready-to-
drink tea brands in the United States. Pepsi-Cola also markets Frappuccino
ready-to-drink coffee through a partnership with Starbucks.

Tropicana was founded in 1947 by Anthony Rossi as a Florida fruit packaging

business. In 1954 Rossi pioneered a pasteurization process for orange juice.
For the first time, consumers could enjoy the fresh taste of pure not-from-
concentrate 100% Florida orange juice in a ready-to-serve package. The juice, Tropicana Pure Premium, became the company's flagship
product. PepsiCo acquired Tropicana, including the Dole juice business, in August 1998.

SoBe became a part of PAB in 2001. SoBe manufactures and markets an innovative line of beverages including fruit blends, energy drinks,
dairy-based drinks, exotic teas and other beverages with herbal ingredients.

Gatorade thirst quencher sport drinks, was acquired by The Quaker Oats Company in 1983 and became a part of PepsiCo with the merger in
2001. Gatorade is the world's first isotonic sports drink as is backed by 40 years of science. Created in 1965 by researchers at the University
of Florida for the school's football team, "The Gators," Gatorade is now the world's leading sport's drink.



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On February 26th, 2010, PepsiCo completed its mergers with PAS and PBG to strengthen its North American beverage business. The North
American bottling operations of PAS and PBG are now an operating unit of PepsiCo known as Pepsi Beverages Company. PBC operates in
the United States, Canada and Mexico and encompasses approximately 75 percent of PepsiCo's North American beverage volume. PBC's
diverse portfolio includes some of the world's most widely recognized beverage brands, including Pepsi, Mountain Dew, Sierra Mist,
Aquafina, Gatorade, SoBe, Lipton, and Amp Energy. PBC also manufactures and distributes third-party brands in key local markets such as
Dr Pepper, Crush, Rock Star and Muscle Milk. The operating unit is headquartered in Westchester County, New York. Read more about the
Pepsi Beverages Company.
 http://www.pepsico.com/Company/The-Pepsico-Family/PepsiCo-Americas-Beverages.html

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PepsiCo Europe is the leading food and beverage company in Europe employing 43,000 in the region. The company has a presence in 45
countries in Europe and has a broad range of offerings including Frito Lay Snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana
juices and Quaker foods.

The company has invested over $3 billion in the region over the last 3 years including the acquisitions of Lebedyanasky, a popular juice
company in Russia, and Sandora, a Ukranian juice company.

Some of the most popular products in the region includes Walkers Crisps, Quaker Oats, Paw Ridge, Pepsi, Diet Pepsi, Pepsi MAX, Pepsi
RAW, 7UP, Copella, Doritos, Gatorade, Red Sky, V Water, Planet Lunch, Lays, Cheetos, Smiths, Duyvis, Snack-a-Jacks, Quaker Cruesli,
Looza, Twistos, Solinki.

The company has made large investments in the region in its "healthier for you" portfolio which include:

m More than 20 million Euros in a flagship European R&D centre, which is dedicated to creating new, healthier snacks for the European
market.
m In the UK alone, we've invested over 180 million Euros in making our products healthier, such as Walkers crisps, which now contain 70%
less saturated fat and up to 55% less salt than they did five years ago.
m Lower fat, baked Cheetos in Turkey
m have introduced a range of dry roasted nuts with 30% less fat
m In the UK we are about to launch a '99 Calorie or less snacks range
m Pepsi Max, no sugar, full flavour soft drink in the UK and the Nordics

http://www.pepsico.com/Company/The-Pepsico-Family/PepsiCo-Europe.html

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PepsiCo Asia, Middle East & Africa (³AMEA´) makes, markets and sells a number of leading snack food brands including Lay¶s, Kurkure, Chipsy, Doritos, Smith¶s, Cheetos, Red
Rock Deli and Ruffles, through consolidated businesses as well as through noncontrolled affiliates. Further, either independently or through contract manufacturers, AMEA
makes, markets and sells many Quaker-brand cereals and snacks. AMEA also makes, markets and sells beverage concentrates, fountain syrups and finished goods, under
various beverage brands including Pepsi, Mirinda, 7UP and Mountain Dew. These brands are sold to authorized bottlers, independent distributors and retailers. However, in
certain markets, AMEA operates its own bottling plants and distribution facilities. In addition, AMEA licenses the Aquafina water brand to certain of its authorized bottlers. AMEA
also, either independently or through contract manufacturers, makes, markets and sells ready-to-drink tea products through an international joint venture with Unilever (under
the Lipton brand name).

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