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COMPANY PROFILE

PepsiCo Inc

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PepsiCo Inc TABLE OF CONTENTS

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TABLE OF CONTENTS

Company Overview ........................................................................................................3 Key Facts.........................................................................................................................3 Business Description .....................................................................................................4 History .............................................................................................................................5 Key Employees .............................................................................................................41 Key Employee Biographies .........................................................................................43 Major Products & Services ..........................................................................................46 SWOT Analysis .............................................................................................................49 Top Competitors ...........................................................................................................55 Company View ..............................................................................................................56 Locations And Subsidiaries ........................................................................................59

PepsiCo Inc Company Overview

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Company Overview

COMPANY OVERVIEW

PepsiCo Inc (PepsiCo) is a manufacturer of a wide range of beverages, foods and snacks. It sells products under various brands including Pepsi, Pepsi Max, Mountain Dew, Diet Pepsi, Lay's, Frito-Lay, Doritos, 7-Up, Tropicana, Aquafina, Mirinda, Gatorade and Quaker, V Water, Ya, Tostitos, Simba and Trop 50. PepsiCo distributes its products through direct-store-delivery, customer warehouse and foodservice, and vending distribution networks. Its customers include grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, wholesale and other distributors, e-commerce retailers and authorized independent bottlers. It has business operations across North America, South America, Europe, Asia-Pacific, the Middle East and Africa. PepsiCo is headquartered in Purchase, New York, the US.

The company reported revenues of (US Dollars) US$63,525 million for the fiscal year ended December 2017 (FY2017), an increase of 1.2% over FY2016. In FY2017, the company’s operating margin was 16.5%, compared to an operating margin of 15.6% in FY2016. In FY2017, the company recorded a net margin of 7.6%, compared to a net margin of 10.1% in FY2016.

Key Facts

KEY FACTS

Head Office PepsiCo Inc 700 Anderson Hill Road Purchase New York Purchase New York USA

Phone 1 914 2532000 Fax 1 914 2532070 Web Address www.pepsico.com Revenue / turnover (USD Mn) 63,525.0 Financial Year End December Employees 263,000 New York Stock Exchange Ticker PEP

PepsiCo Inc Business Description

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Business Description

BUSINESS DESCRIPTION

PepsiCo Inc (PepsiCo), a food and beverage company, markets, distributes and sells salty, sweet and grain based snacks, food products, carbonated and non-carbonated beverages in approximately 200 countries and territories worldwide.

The company operates through six reportable segments: North America Beverages (NAB), Frito-Lay North America (FLNA), Europe Sub-Saharan Africa (ESSA), Latin America, Asia, Middle East and North Africa (AMENA) and Quaker Foods North America (QFNA), which accounted for 33%, 24.9%, 17.4%, 11.3%, 9.5% and 3.9% of the company's total revenue, respectively, in FY2017.

The company conducts a variety of (R&D) activities and continues to invest to augment its growth and drive innovation worldwide. Its R&D focuses on the development of nutritious and convenient beverages, foods and snacks, meeting changing consumer demands and preferences. In FY2017, the company spent US$737 million on R&D, which was 1.2% of its revenue and decreased 3% YoY. It has R&D facilities in Brazil, China, India, Mexico, Russia, the UAE, the UK and the US.

PepsiCo has three snack plants in Mexico, and one each in Egypt and Australia; a snack, beverage and dairy plant in Russia; a food plant in in the US; a fruit juice plant in Belgium; a beverage plant in Egypt; and two concentrate plants in Ireland.

The company distributes its products through direct-store-deliveries (DSD), customer warehouse and distributor networks to various wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, e- commerce retailers and authorized independent bottlers. In addition, it authorizes various independent bottlers to produce certain beverage products in specific geographic regions. PepsiCo also supplies food and snacks to various restaurants, businesses, schools and stadiums through various third-party foodservice and vending distributors and operators.

PepsiCo Inc History

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History

HISTORY

Contracts/Agreements

Year: 2018

In January, the company entered into a strategic partnership with Varun Beverages Ltd.

New Products/Services

Year: 2018

In January, the company introduced MTN DEW ICE, a new carbonated soft drink made with a splash of real juice.

Plans/Strategy

Year: 2018

In February, the company's subsidiary Frito-Lay announced to launch a special kind of Dorito chips.

Acquisitions/Mergers/Takeovers

Year: 2018

In February, Clayton, Dubilier & Rice and American Greetings agreed to acquire 60% stake in American Greetings.

New Products/Services

Year: 2018

In February, PepsiCo launched a new sparkling water, bubly, that combines refreshing and delicious flavors.

New Products/Services

Year: 2018

In January, the company’s Frito-Lay division introduced Doritos Blaze, a new snack flavor.

New Products/Services

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Year: 2018

In February, the company launched a new Drinkfinity flavored water system in the US.

New Products/Services

Year: 2018

In February, the company launched a new personalized beverage, Drinkfinity to fit the individual lifestyles of today's busy go-getters.

Contracts/Agreements

Year: 2018

In February, PepsiCo extended its partnership with the UEFA Champions League for further three years.

Contracts/Agreements

Year: 2018

In January, PepsiCo along with the National Hockey League Players' Association and the National Hockey League entered into a multi-year extension for exclusive NHL North American rights in the non- alcoholic beverage, sports nutrition and savory snack categories.

Contracts/Agreements

Year: 2018

In January, PepsiCo entered into a partnership with NFL, Aramark, the US Bank Stadium and the Minnesota Sports Facilities Authority announced Rush2Recycle, a game plan to recover more than 90% - more than 40 tons - of stadium waste at Super Bowl LII.

New Products/Services

Year: 2018

In March, PepsiCo introduced a new baby food production line to its infant nutrition plant in Omsk, Russia.

Plans/Strategy

Year: 2018

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In March, the company plans to build a new distribution plant in Chesterfield, Virginia, the US.

New Products/Services

Year: 2018

In May, the company introduced new diet and regular pepsi cans with in 20oz and 12oz formats.

New Products/Services

Year: 2018

In May, PepsiCo Foodservice launched an online platform, PepsiCo Partners, expanding its business into an ecommerce segment.

Acquisitions/Mergers/Takeovers

Year: 2018

In May, the company agreed to acquire Bare Foods Co, a baked fruit and vegetable snack maker, expanding its snack portfolio.

Product Recall

Year: 2018

In May, PepsiCo Foods Canada announced the voluntary recall of 750 bags of its Ruffles Regular- flavoured potato chips due to an unintentional filling of bags with Ruffles Sour Cream 'N Onion-flavoured potato chips.

Contracts/Agreements

Year: 2018

In June, PepsiCo North America Nutrition partnered with a nonprofit food and beverage incubator, The Hatchery Chicago for the Chicago incubator project.

Contracts/Agreements

Year: 2018

In July, the company awarded a contract to Eddie Stobart for managing its ambient transport operations in England and Wales from existing distribution centres in Birchwood and Leicester, the UK.

Plans/Strategy

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Year: 2018

In July, the company planned to launch The Hive, a new center for innovation to assist cultivate its niche brands.

Contracts/Agreements

Year: 2018

In July, PepsiCo Foodservice and CS Group extended their distribution agreement to distribute CS Group's Cool Attitudes Craft Mixers in the US.

Plans/Strategy

Year: 2018

In July, the company's Frito-Lay division plans to release the most chip flavors to give fans a regionally inspired Summer Of Flavor.

Plans/Strategy

Year: 2018

In July, the company's product, Lay's announced its plans to introduce eight regional potato chip flavors.

Contracts/Agreements

Year: 2018

In July, the company entered into a partnership with the Madison Square Garden to become the exclusive non-alcoholic beverage and salty snack partner across MSG Venues.

Plans/Strategy

Year: 2018

In July, the company plans to improve the nutritional value of some of its best selling products in line through its Results with Responsibility initiative.

Plans/Strategy

Year: 2018

In July, the company announced its plans to invest US$159 million for expanding two Frito-Lay snack

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manufacturing plants in Frankfort, Indiana, the US.

Financing Agreements

Year: 2018

In August, the company planned to invest US$100 million to expand and renovate a food factory in Shanghai, China.

New Products/Services

Year: 2018

In August, the company relaunched its Quaker cereals in the UK with less sugar.

Plans/Strategy

Year: 2018

In August, the company plans to invest US$159million to expand its Frito-Lay production site in Frankfort, Indiana.

Contracts/Agreements

Year: 2018

In August, the company entered into a multiyear agreement with Marriott International as a beverage provider to expand their relationship.

Acquisitions/Mergers/Takeovers

Year: 2018

In August, the company announced its plans to acquire Israel-based carbonated water machines supplier, SodaStream for US$3.2 billion.

New Products/Services

Year: 2018

In August, the company launched the Hive, a new entity in North America.

New Products/Services

Year: 2018

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In September, the company launched its Nutrition Greenhouse accelerator program to discover and support emerging brands in the food and beverage sector in North America.

Contracts/Agreements

Year: 2018

In September, the company joined NaturALL Bottle Alliance, a consortium formed between Danone, Nestle Waters and Origin Materials to develop bio-based bottles.

Contracts/Agreements

Year: 2018

In September, the company announced to expand its global relationship with HH Global to offer marketing execution services and to enhance their presence.

New Products/Services

Year: 2018

In September, the company's salty snacks division introduced three new flavors under its brand, Kurkure.

Others

Year: 2018

In September, PepsiCo announced new Rubtsovsk dairy plant investment projects in Russia.

Contracts/Agreements

Year: 2018

In October, the company partnered with Loop to introduce recycled plastic packaging.

Contracts/Agreements

Year: 2018

In October, Pepsi signed a memorandum of understanding with Odisha State Government to build a potato chips unit in Odisha, India.

Others

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Year: 2018

In October, the company launched its carbonated beverage portfolio in takeaway glass bottles for consumers in Maharashtra, India.

Contracts/Agreements

Year: 2018

In October, Pspsico selected Jubilant Foodworks as its new beverage partner for Domino’s Pizza India.

Acquisitions/Mergers/Takeovers

Year: 2018

In October, the company announced the acquisition of Health Warrior, Inc.

Acquisitions/Mergers/Takeovers

Year: 2018

In November, the company announced its plans to acquire Lincolnshire crisp company, Pipers Crisps.

Contracts/Agreements

Year: 2017

In February, the company entered into an agreement to change its naked juice labels in the US.

Business / Operations Closure

Year: 2017

In March, the company announced to close its Walkers Snacks factory in Peterlee, County Durham, England.

Contracts/Agreements

Year: 2017

In March, the company introduced Pepsi Max Ginger, a new sugar-free addition to the Max line-up.

Contracts/Agreements

Year: 2017

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In April, the company's Foodservice and Papa John’s International renewed its multi-year beverage contract in the US and a global expansion of the partnership in eight countries throughout Europe, the Middle East and Central America.

Contracts/Agreements

Year: 2017

In March, the company's Frito-Lay division and Lay's partnered to introduce Poppables, a new potato snack.

Plans/Strategy

Year: 2017

In May, Pepsi planned to sell stake in its UK bottler Britvic.

Acquisitions/Mergers/Takeovers

Year: 2017

In May, the company announced plans to acquire coconut water brand, Vita Coco.

Others

Year: 2017

In June, the company announced to launch LIFEWTR Series 2 bottle with labels designed by female artists.

New Products/Services

Year: 2017

In March, the company's Mtn Dew announced a plan to introduce a line of premium sodas with crafted unique flavors and herbal and citrus bitters.

New Products/Services

Year: 2017

In March, the company introduced three new flavors Orange Mango, Lemon Lime and Strawberry Melon in IZZE FUSIONS beverages.

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Contracts/Agreements

Year: 2017

In March, the company entered into a collaboration agreement with Danimer Scientific for the development of Danimer Scientifics’ biodegradable film resins to meet the sustainable flexible packaging requirements of PepsiCo’s global food and beverage business.

Contracts/Agreements

Year: 2017

In May, the company's Lipton partners with Food Network Star and The Series Co-Host, Chef Bobby Flay to host lipton summer camp.

Contracts/Agreements

Year: 2017

In May, the company entered into a partnership agreement with Healthier America to independently report and verify the company's progress.

New Products/Services

Year: 2017

In May, the company introduced new limited-edition beverage, Pepsi Fire.

Contracts/Agreements

Year: 2017

In May, PepsiCo Greater China Region entered into a strategic agreement with Alibaba Group to introduce innovative marketing initiatives, customized products and integrated omnichannel solutions.

New Products/Services

Year: 2017

In May, the company introduced a new sparkling lemonade LEMON LEMON.

Corporate Changes/Expansions

Year: 2017

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In June, the company opened its nacho chip brand Doritos in India at its Kolkata plant.

Contracts/Agreements

Year: 2017

In July, the company became the funding partner to National nonprofit The Recycling Partnership.

New Products/Services

Year: 2017

In July, Ruffles Brand Potato Chips, one of the marquee brands from PepsiCo's Frito-Lay division introduced Chips & Sips.

New Products/Services

Year: 2017

In August, Doritos, one of the marquee brands from PepsiCo's Frito-Lay Division introduced new Blazin' Buffalo Mix, a combination of four fan-favorite flavors - Chipotle, Cool Ranch, Blue Cheese.

New Products/Services

Year: 2017

In November, the company launched salted caramel flavor in the market.

Contracts/Agreements

Year: 2017

In November, Suntory Beverage & Food Asia entered into agreement to acquire a 51% share in International Refreshment, a beverage operation of PepsiCo.

Contracts/Agreements

Year: 2017

In December, the company, the PepsiCo Foundation and the Inter-American Development Bank created the Hydro-BID Support Center in Latin America and the Caribbean, for Water Management.

New Products/Services

Year: 2017

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In November, Doritos, the company's Frito-Lay Division, introduced Doritos Crunch Nuts and Doritos Crunch Mix.

Contracts/Agreements

Year: 2017

In September, the company's Mountain Dew and AMC partnered to launch its new augmented reality app, "The Walking Dead Encounter" with the experience of zombie walkers.

Contracts/Agreements

Year: 2017

In November, the company partnered with Suntory Beverage & Food Asia Pte Ltd., to form a beverage joint venture in Thailand.

Contracts/Agreements

Year: 2017

In July, the company and Molson Coors partnered to provide bar snacks as part of its on-premise delivery service.

New Products/Services

Year: 2016

The company's subsidiary The Quaker Oats Company launched a new Quaker Breakfast Flats.

New Products/Services

Year: 2016

The company's brand Aquafina, introduced a new line of flavored sparkling water to its menu.

New Products/Services

Year: 2016

The company’s subsidiary The Quaker Oats Company launched Quaker SuperGrains Instant Hot Cereal and Real Medleys SuperGrains Granola for breakfast.

New Products/Services

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Year: 2016

The company’s brand Aquafina, launched Aquafina Sparkling, flavored sparkling water.

New Products/Services

Year: 2016

The company introduced Mtn Dew Black Label, a carbonated soft drink.

New Products/Services

Year: 2016

The company expanded its product line Brisk by introducing a new Brisk Mate, a smooth energizing iced tea blended with South American yerba mate.

New Products/Services

Year: 2016

The company’s brand Doritos introduced Doritos Mix, a unique combination of four different Doritos shapes and flavors in one bag.

Corporate Changes/Expansions

Year: 2016

The company announced plans to open Kola House, the first experimental kola bar, restaurant, lounge and event space, in the New York, the US.

New Products/Services

Year: 2016

The company’s subsidiary The Quaker Oats Company launched a new line of gluten free oatmeal.

Contracts/Agreements

Year: 2016

The company entered into a collaboration agreement with Senomyx, Inc., to restat Senomyx's Sweet Taste Program.

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Acquisitions/Mergers/Takeovers

Year: 2016

The company announced plans to acquire KeVita Inc., a probiotic US drinks company.

Litigation

Year: 2016

The company's Quaker Oats was sued by consumers in the US states of New York, California and Illinois, for false advertising over the ingredients in its product.

Acquisitions/Mergers/Takeovers

Year: 2016

The company entered into a definitive agreement to acquire KeVita.

New Products/Services

Year: 2016

In December, the company launched a new premium priced bottled water, dubbed Lifewtr in the US.

Contracts/Agreements

Year: 2016

In October, PepsiCo entered into a collaboration with TB Alliance to improve the treatment for children with tuberculosis.

New Products/Services

Year: 2016

In September, the company launched a new 100% juice with probiotics, Tropicana Essentials Probiotics.

Acquisitions/Mergers/Takeovers

Year: 2016

In May, Trian Fund Management sold stake to PepsiCo for US$2 billion.

Contracts/Agreements

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Year: 2015

The company signed a cooperation agreement with OAO Lidskoe Pivo to sell, distribute and market its products in Belarus.

New Products/Services

Year: 2015

The company announced its plans to launch stevia-sweetened Pepsi True in stores across Denver, Minneapolis and Washington, the US.

New Products/Services

Year: 2015

The company launched two new flavors of its brand, Mountain Dew in the US.

New Products/Services

Year: 2015

The company started to sell imported premium snacks and fruit juices in India through exclusive e- commerce platforms.

Business / Operations Closure

Year: 2015

The company announced its plans to close one of its plants in Russia.

Plans/Strategy

Year: 2015

The company announced its plan to expand production in Egypt with an investment of US$500 million.

New Products/Services

Year: 2015

The company introduced a citrus-flavoured soft drink called DewShine under its Mountain Dew brand.

Contracts/Agreements

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Year: 2015

PepsiCo Americas Beverages entered a marketing alliance with Live Nation Entertainment, Inc., a leading live entertainment firm.

Corporate Changes/Expansions

Year: 2015

The company launched 7UP Revive brand in India.

New Products/Services

Year: 2015

The company's brand Mountain Dew launched Mtn Dew Baja Blast and Mtn Dew Sangrita Blast for a limited period.

New Products/Services

Year: 2015

The company launched chocolate peanut butter flavored popcorn under its Cracker Jack brand.

New Products/Services

Year: 2015

The company launched Doritos Jacked 3D tortilla snacks under its Doritos brand.

New Products/Services

Year: 2015

The company introduced Cheetos Sweetos Snacks under the Cheetos brand.

Contracts/Agreements

Year: 2015

The company entered into a partnership with Pepsi-Cola Products Philippines, Inc., for development of Cheetos in the Philippines.

Commercial Operation

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Year: 2015

The company announced to invest US$12 million to modernize its Frito-Lay plant in Cambridge to make the production lines more efficient and ergonomically safe.

Plans/Strategy

Year: 2015

The company announced to continue selling its aspartame-sweetened diet Pepsi online after removing the artificial sweetener from the product.

Contracts/Agreements

Year: 2015

The company expanded its partnership with SodaStream International Ltd to strengthen sales of its branded cola caps.

Contracts/Agreements

Year: 2015

The company partnered with JD.com Inc., to introduce the Quaker oat dairy drink to the consumers in China.

Contracts/Agreements

Year: 2014

The company entered into Strategic Alliance agreement with Shanghai Disney Resort as a primary beverage supplier.

New Products/Services

Year: 2014

The company launched a new Cheetos Flamin’ Hot / Doritos Dinamita Chile Limon in a combo pack.

Contracts/Agreements

Year: 2014

The company entered into an agreement with Cartoon Network Amazone to provide food and beverage

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to the Cartoon Network's themed park.

New Products/Services

Year: 2014

The company's Frito-Lay division launched a new snack, Near East Multigrain Chips.

Corporate Changes/Expansions

Year: 2014

The company’s Frito-Lay division expanded distribution of Lay's Air Pops crisps in California and the Pacific Northwest region of the US with new Salt & Vinegar flavor.

Contracts/Agreements

Year: 2014

The company extended its collaborative agreement to use Senomyx’s sweet flavor ingredients in non- alcoholic beverages till August 2016.

New Products/Services

Year: 2014

The company launched three models of Pepsi Spire dispensers.

Corporate Changes/Expansions

Year: 2014

PepsiCo and its local bottler in Myanmar, Lotte MGS Beverages announced commencement of local production of Pepsi-Cola for the first time since 1997.

Corporate Changes/Expansions

Year: 2014

The company entered into a joint venture agreement with German dairy company Theo Muller and formed Wave Holdings to establish US$206 million yogurt facility in Batavia, New York, the US.

Corporate Changes/Expansions

Year: 2014

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PepsiCo South Africa opened a new Simba manufacturing facility in Prospecton, KwaZulu-Natal, South Africa.

Contracts/Agreements

Year: 2014

The company renewed its partnership of over 16 years with the Papa Murphy's Holdings, Inc., a franchisor and operator of Take ‘N’ Bake pizza chain based in the US.

Corporate Changes/Expansions

Year: 2014

PepsiCo and Almarai announced to invest US$345 million in Egypt over the next five years through Beyti, a subsidiary of International Dairy & Juice Ltd.

Corporate Changes/Expansions

Year: 2014

The company opened a new research and development facility in Dubai, the UAE.

Corporate Changes/Expansions

Year: 2014

The company opened a new snack production plant in Dammam, Saudi Arabia.

New Products/Services

Year: 2014

The company's Quaker Oats division launched Quick 3-Minute Steel Cut Oatmeal and Real Medleys Super Grains products.

Contracts/Agreements

Year: 2014

The company's subsidiary PepsiCo Foods Vietnam Company signed a Memorandum of Understanding with the Department of Agriculture and Rural Development and the Phivang Collaboration of Farmers in Vietnam to introduce a sustainable contract potato farming model into Vietnam.

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New Products/Services

Year: 2014

Quaker Oats, a division of PepsiCo launched Quaker Instant Oats Caldo, an exciting, innovative and nutritious new range of instant porridge products across the Philippines.

New Products/Services

Year: 2013

The company expanded the Tropicana portfolio in India by adding three new variants of juices.

New Products/Services

Year: 2013

The company’s Mountain Dew unit launched a sparkling juice beverage called Kickstart, in two flavors, Orange Citrus and Fruit Punch.

Contracts/Agreements

Year: 2013

PepsiCo and Tata Global Beverages entered in to an agreement to form a joint venture for non- carbonated ready to drink health and wellness drinks.

Corporate Changes/Expansions

Year: 2013

Muller Quaker Dairy, a joint venture between PepsiCo and The Muller Group, open a new ‘state of the art’ yogurt production site in Batavia, New York.

Corporate Changes/Expansions

Year: 2013

The company opened baking innovation center in Apodaca, Nuevo Leon, Mexico.

Corporate Changes/Expansions

Year: 2013

PepsiCo announced that it would be investing around US$5.5 billion over six years in expansion of its

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operations in India.

Contracts/Agreements

Year: 2013

PepsiCo (49%) and Suntory Holdings (51%) entered into a joint venture in Vietnam, establishing Suntory PepsiCo Vietnam Beverage (SPVB).

Research and Development

Year: 2012

The company opened an R&D center in Shanghai.

Acquisitions/Mergers/Takeovers

Year: 2012

The company formed an alliance with Ocean Spray Cranberries, Inc. to distribute cranberry and blueberry based beverages in Latin America.

Commercial Operation

Year: 2012

The company opened a food manufacturing plant in Wuhan, China.

Commercial Operation

Year: 2012

The company opened a beverage plant in China along with Tingyi (Cayman Islands) Holding Corp.

Others

Year: 2012

Mountain Dew, Brisk and Starbucks join PepsiCo’s billion dollar brand list, taking the number to 22.

Contracts/Agreements

Year: 2012

PepsiCo announced an agreement with Diamond Star, one of the largest consumer packaged goods

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distributors in Myanmar to import, sell and distribute Pepsi-Cola, 7-Up and Mirinda.

New Products/Services

Year: 2012

The company launched Pepsi Next brand.

Stake Sale

Year: 2012

The company's minority stake was acquired by Relational Investors LLC.

Contracts/Agreements

Year: 2011

Burger King Corporation selected PepsiCo as the exclusive soft drink supplier in more than 1,000 of its restaurants throughout Latin America and Caribbean region.

Contracts/Agreements

Year: 2011

Atlanta's Stevi B's awarded exclusive beverage pouring rights in all of its 44 locations to PepsiCo.

Contracts/Agreements

Year: 2011

Grupo Embotelladoras Unidas, S.A.B. de C.V. (GEUPEC), Empresas Polar and PepsiCo signed an agreement to create a nationwide beverage company in Mexico.

Contracts/Agreements

Year: 2011

The company and Strauss Group planned to form a joint venture to produce and sell fresh dips and spreads in markets outside of North America.

Contracts/Agreements

Year: 2011

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The company signed an agreement with The University of Delaware for exclusive beverage pouring rights on Newark and Wilmington campuses.

Contracts/Agreements

Year: 2011

The company entered into an Exclusive Bottling Appointment with the Alokozay Group of Companies to manufacture and distribute a range of PepsiCo beverages in Afghanistan.

Contracts/Agreements

Year: 2011

The company and the Inter-American Development Bank (IDB) partnered to foster social and economic growth in Latin America and the Caribbean.

Contracts/Agreements

Year: 2011

The company began offering five options of eco-friendly, recyclable and compostable cups to foodservice customers in the US.

Acquisitions/Mergers/Takeovers

Year: 2011

PepsiCo acquired 66.00% of Wimm-Bill-Dann Foods OJSC, a Russia-based branded food-and-beverage company.

Acquisitions/Mergers/Takeovers

Year: 2011

The company acquired Mabel, a leading producer of biscuits and snacks in Brazil.

Acquisitions/Mergers/Takeovers

Year: 2011

PepsiCo and Tingyi Holding, a major food and beverage company in China, announced that they had agreed to form a strategic alliance in China.

Contracts/Agreements

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Year: 2011

The company signed a multi-year agreement with Burger King Corporation to become its soft drink provider for restaurants in Latin America and the Caribbean.

Contracts/Agreements

Year: 2010

PepsiCo Beverages Americas entered into an agreement with The FRS Company to distribute its FRS Healthy Energy brand of products,

Contracts/Agreements

Year: 2010

The company signed a four-year collaborative agreement with Senomyx, Inc., a company focused on using proprietary technologies, to discover and develop novel flavor ingredients for the food, beverage, and ingredient supply industries.

Contracts/Agreements

Year: 2010

PepsiCo and GNC, a specialty retailer of nutritional products, signed a joint venture agreement to develop and sell fortified coconut water products under the newly created Phenom brand name.

Contracts/Agreements

Year: 2010

The company’s division, Pepsi Beverages Company, and Tampico Beverages, Inc. signed a distribution agreement to distribute TAMPICO PLUS fruit-flavored beverage products through PepsiCo's direct store delivery system in select US markets.

Contracts/Agreements

Year: 2010

The company signed an agreement with the VSIP Bac Ninh Co. Ltd, to develop a beverage production plant in the VSIP Bac Ninh Integrated Township and Industrial Park.

Acquisitions/Mergers/Takeovers

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Year: 2010

Pepsi Beverages Company acquired Pepsi-Cola Bottling Co. of Yuba City, Inc., a Pepsi-Cola franchised bottler serving parts of northern California.

Acquisitions/Mergers/Takeovers

Year: 2010

PepsiCo completed the merger of Pepsi Bottling Group, Inc. and PepsiAmericas, Inc. its two largest bottlers in the US for US$7.80 billion. On completion of the merger PepsiCo created a new bottling business called Pepsi Beverages Company.

Plans/Strategy

Year: 2010

Frito-Lay planned to make 50% of its products with all natural ingredients by the end of 2011.

Contracts/Agreements

Year: 2009

PepsiCo entered into a definitive merger agreement with its two largest bottlers, The Pepsi Bottling Group, Inc. (PBG) and PepsiAmericas, Inc. (PAS) to acquire all of the outstanding shares of common stock.

Contracts/Agreements

Year: 2009

PepsiCo entered into an agreement with Dr Pepper Snapple Group, Inc. (DPS) to manufacture and distribute certain DPS products.

Contracts/Agreements

Year: 2009

The company and Calbee Foods Company formed a strategic alliance to produce and sell a range of food products in Japan.

Acquisitions/Mergers/Takeovers

Year: 2009

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The company's Pepsi Bottling Ventures, LLC acquired the assets of Pepsi Cola Bottling Company of Conway-Myrtle Beach, Inc., the Pepsi-Cola franchise bottler based in Conway, South Carolina.

Acquisitions/Mergers/Takeovers

Year: 2009

The company agreed to acquire Brazil's largest coconut water company, Amacoco Nordeste Ltda. and Amacoco Sudeste Ltda. (Amacoco).

Acquisitions/Mergers/Takeovers

Year: 2009

The company acquired Karinto snack business in Peru.

Acquisitions/Mergers/Takeovers

Year: 2009

PepsiCo and Almarai, joint venture, International Dairy and Juice Limited (IDJ), acquired Egypt's international company for agro-industrial projects, Beyti.

Plans/Strategy

Year: 2009

The company established PepsiCo Bottling North America (PBNA) by combining of its two bottlers, PBG and PAS.

Contracts/Agreements

Year: 2008

The company entered into an agreement to acquire Bulgaria’s Leading Nuts and Seeds Company.

Corporate Awards

Year: 2008

The company was awarded 2008 Energy Star Partner of the Year Award.

Acquisitions/Mergers/Takeovers

Year: 2008

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The company signed an agreement to acquire Russian juice company, Lebedyansky.

Acquisitions/Mergers/Takeovers

Year: 2008

The company acquired Spitz International, a Canadian-based manufacturer of sunflower and pumpkin seeds.

Plans/Strategy

Year: 2008

PepsiCo announced plans to invest USD1 billion in China over the next four years as part of its strategy to expand in emerging markets and broaden its portfolio of local products.

Corporate Awards

Year: 2007

The company was awarded 2007 Working Mother ‘Best Company for Multicultural Women’.

New Products/Services

Year: 2007

Aquafina introduced Aquafina Alive, a low calorie, vitamin-enhanced water beverage.

New Products/Services

Year: 2007

Pepsi-Cola North America launched Diet Pepsi MAX.

Acquisitions/Mergers/Takeovers

Year: 2007

PepsiCo and Pepsi Americas, Inc jointly acquired Sandora, a leading juice company in Ukraine.

Contracts/Agreements

Year: 2006

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The company signed agreements to acquire New Zealand snack company Bluebird Foods and Naked Juice Company.

New Products/Services

Year: 2006

Lay's introduced Hot 'n Spicy KC Masterpiece BBQ Potato Chips.

Acquisitions/Mergers/Takeovers

Year: 2006

The company acquired Stacy's Pita Chip Company.

Acquisitions/Mergers/Takeovers

Year: 2006

Pepsi acquired IZZE beverage company, producer of all-natural carbonated juice.

Contracts/Agreements

Year: 2005

PepsiCo International established Pioneer Foods, a South African food and beverage company, as its franchisee in South Africa.

New Products/Services

Year: 2005

PepsiCo launched Quaker Milk Chillers.

New Products/Services

Year: 2005

The company launched Pepsi Cappuccino in Romania.

New Products/Services

Year: 2004

Frito-Lay introduced Quaker Chewy Cookies & Milk granola bars and Quaker Fruit & Oatmeal cereal bars.

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New Products/Services

Year: 2004

Frito-Lay launched Doritos and Cheetos Halloween Treat Multi-Sacks.

Contracts/Agreements

Year: 2003

Pepsi-Cola signed a four-year sponsorship deal with the Canadian Hockey Association, making Pepsi the official soft drink.

Corporate Changes/Expansions

Year: 2003

PepsiCo established PepsiCo International, to unite all international snack, beverage and food units.

Contracts/Agreements

Year: 2002

PepsiCo and Kenneth Cooper, M.D., M.P.H., of Cooper Concepts Inc. (CCI), a division of the renowned Cooper Aerobics Center in Dallas, TX entered into an agreement to promote nutrition, fitness and wellness.

Acquisitions/Mergers/Takeovers

Year: 2001

PepsiCo acquired Tasali Foods, Saudi Arabia's leading snack company.

New Products/Services

Year: 2000

Pepsi-Cola launched Sierra Mist, a caffeine-free, lemon-lime carbonate.

Acquisitions/Mergers/Takeovers

Year: 2000

PepsiCo, Inc. and The Quaker Oats Company entered into an agreement to merge.

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Acquisitions/Mergers/Takeovers

Year: 2000

PepsiCo, Inc. entered into an agreement to acquire a majority stake in South Beach Beverage Company, producer of the SoBe brand..

Contracts/Agreements

Year: 1999

PepsiCo and Suntory Limited signed an agreement to create a joint venture Pepsi Bottling Ventures, linking bottling networks in North Carolina and New York.

Acquisitions/Mergers/Takeovers

Year: 1998

Frito-Lay acquired Barcel in Chile.

Acquisitions/Mergers/Takeovers

Year: 1998

PepsiCo acquired Tropicana Products from Seagram Company Ltd.

Acquisitions/Mergers/Takeovers

Year: 1998

The Frito-Lay Company acquired Smith's Snackfood Company in Australia from United Biscuits Holdings, Inc.

Corporate Changes/Expansions

Year: 1997

Pepsi-Cola North American bottling operations became a separate unit called The Pepsi-Cola Bottling Co.

New Products/Services

Year: 1997

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The company launched Aquafina bottled water.

New Products/Services

Year: 1997

Frito-Lay introduced Doritos 3D's Tortilla Chips, a triangle-shaped chip.

Corporate Changes/Expansions

Year: 1996

Pepsi-Cola’s domestic and international operations were combined into Pepsi-Cola Company.

New Products/Services

Year: 1995

Pepsi-Cola introduced Smooth Moos Smoothies, a line of low-fat dairy shakes.

Contracts/Agreements

Year: 1994

The company along with Starbucks formed the North American Coffee Partnership to jointly develop ready-to-drink coffee beverages.

New Products/Services

Year: 1994

Pepsi-Cola launched its sports drink All Sport.

Acquisitions/Mergers/Takeovers

Year: 1994

Pepsi-Cola International acquired soft drinks company, Duke and Sons Pvt Ltd in India..

Corporate Changes/Expansions

Year: 1994

The company began production and distribution of its products in Vietnam.

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New Products/Services

Year: 1993

Frito-Lay launched new Doritos brand Tortilla Thins.

Acquisitions/Mergers/Takeovers

Year: 1993

PepsiCo acquired East Side Mario's Restaurants Inc and D'Angelo Sandwich Shops chain.

Contracts/Agreements

Year: 1992

Frito-Lay and General Mills entered into an agreement to merge snack food businesses in Europe.

New Products/Services

Year: 1991

Frito-Lay introduced Sunchips, its first multigrain snack.

Acquisitions/Mergers/Takeovers

Year: 1991

PepsiCo acquired an equity interest in Wedel SA, the leading manufacturer of chocolate and confectioner.

Corporate Changes/Expansions

Year: 1991

Pepsi-Cola formed a joint venture with Unilever to develop and market iced/rtd tea drinks.

Contracts/Agreements

Year: 1990

PepsiCo signed the largest commercial trade agreement in history with the Soviet Union.

Acquisitions/Mergers/Takeovers

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Year: 1990

PepsiCo acquired a controlling interest in Gamesa, largest cookie company in Mexico.

Acquisitions/Mergers/Takeovers

Year: 1989

PepsiCo acquired Walkers Crisps and Smith Crisps, UK based snack food companies.

Acquisitions/Mergers/Takeovers

Year: 1989

PepsiCo acquired Smartfood ready-to-eat popcorn business.

Contracts/Agreements

Year: 1988

Frito-Lay partnered with Hostess Foods in Canada.

Stock Listings/IPO

Year: 1986

PepsiCo was listed on the Tokyo stock exchange.

New Products/Services

Year: 1986

Frito-Lay introduced Santitas brand restaurant style tortilla chips.

Acquisitions/Mergers/Takeovers

Year: 1986

Pepsi-Cola acquired Mug Root Beer.

Acquisitions/Mergers/Takeovers

Year: 1986

The company acquired Kentucky Fried Chicken, a prominent company in the quick service chicken

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market.

Acquisitions/Mergers/Takeovers

Year: 1986

PepsiCo acquired 7Up International, the third largest franchise soft drink operation outside the US.

New Products/Services

Year: 1985

The company added its first line of sweet snacks, Sonrics to its product line, in Mexico.

New Products/Services

Year: 1984

The company introduced soft drinks with fruit juice such as Slice and Diet Slice.

New Products/Services

Year: 1982

The company introduced Pepsi Free and Diet Pepsi Free, the first major brand caffeine-free colas.

Corporate Changes/Expansions

Year: 1981

The company launched PepsiCo Food Systems (PFS), its restaurant supply company.

New Products/Services

Year: 1981

Frito-Lay introduced Tostitos brand crispy round tortilla chips.

Corporate Changes/Expansions

Year: 1980

The company established PepsiCo Food Service International (PFSI).

New Products/Services

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Year: 1979

The company introduced twelve-pack cans.

Research and Development

Year: 1979

The company started its PepsiCo Research and Technical Center in Valhalla, New York.

Acquisitions/Mergers/Takeovers

Year: 1978

The company acquired Taco Bell.

Acquisitions/Mergers/Takeovers

Year: 1977

The company acquired Pizza Hut, Inc.

New Products/Services

Year: 1976

The company introduced Pepsi Light.

Corporate Changes/Expansions

Year: 1973

The company established Foods International, later called PepsiCo Foods International (PFI) and subsequently named Frito-Lay International, to market snack foods around the world.

Contracts/Agreements

Year: 1972

The company was given exclusive rights to import Stolichnaya Russian vodka in the US.

New Products/Services

Year: 1970

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The company introduced the industry's first two-liter bottle.

Acquisitions/Mergers/Takeovers

Year: 1970

The company acquired Wilson Sporting Goods, a sports equipment company.

New Products/Services

Year: 1969

Frito-Lay, a sub-division of the company introduced Funyuns brand onion flavored snacks.

Acquisitions/Mergers/Takeovers

Year: 1968

The company acquired North American Van Lines (NAVL), a premier transportation company.

Corporate Changes/Expansions

Year: 1966

The company entered Japan and Eastern European market.

New Products/Services

Year: 1966

The company introduced Doritos brand tortilla chips.

Incorporation/Establishment

Year: 1965

PepisCo Inc was established as a result of the merger of Pepsi-Cola and Frito-Lay.

New Products/Services

Year: 1964

The company formulated Diet Pepsi.

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Others

Year: 1890

Pepsi-Cola was first created by Caleb Bradham, a pharmacist from New Bern, NY in the late 1890s.

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Key Employees

KEY EMPLOYEES

Name Job Title Board Hugh F. Johnston Chief Financial Officer, Executive Vice

President, Vice Chairman Executive Board

Indra K. Nooyi Chairman Executive Board Mehmood Khan Chief Scientific Officer-Global Research

and Development, Executive Vice President, Vice Chairman

Executive Board

Alberto Weisser Director Non Executive Board Cesar Conde Director Non Executive Board Daniel Vasella Director Non Executive Board Darren Walker Director Non Executive Board David C. Page Director Non Executive Board Dina Dublon Director Non Executive Board George W. Buckley Director Non Executive Board Ian M. Cook Director Non Executive Board Richard W. Fisher Director Non Executive Board Robert C. Pohlad Director Non Executive Board Shona L. Brown Director Non Executive Board William R. Johnson Director Non Executive Board Albert P. Carey Chief Executive Officer-North America Senior Management Eugene Willemsen Executive Vice President-Global

Categories & Franchise Management Senior Management

Jon Banner Executive Vice President-Communications Senior Management Kirk Tanner President-North America Beverages, Chief

Operating Officer- North America Beverages

Senior Management

Laxman Narasimhan Chief Executive Officer-Latin America and Europe Sub-Saharan Africa

Senior Management

Marie T. Gallagher Controller, Senior Vice President Senior Management Ramon Laguarta Chief Executive Officer Senior Management Sanjeev Chadha Chairman-Asia, Middle East and North

Africa Senior Management

Vivek Sankaran President-Frito-Lay North America and Chief Operating Officer-Frito-Lay North America

Senior Management

Brian Newman Executive Vice President-Finance and Operations, Latin America

Senior Management

Jim Andrew Executive Vice President-Corporate Senior Management

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Strategy , Chief Venturing Officer Umran Beba Global Chief Diversity and Engagement

Officer, Senior Vice President-Talent Management

Senior Management

Jody Davids Chief Information Officer, Senior Vice President

Senior Management

Ruth Fattori Chief Human Resources Officer, Executive Vice President-Human Resources

Senior Management

Anne Fink President-Global Foodservice Senior Management Luis Montoya President- Latin America Beverages Senior Management Pedro Padierna Chairman-Mexico Senior Management Mike Spanos Chief Executive Officer-Asia, Middle East

and North Africa Senior Management

Grace Puma Whiteford Executive Vice President-Global Operations

Senior Management

David Yawman Executive Vice President-Government Affairs, General Counsel, Secretary

Senior Management

Paula Santilli President-PepsiCo Mexico Foods Senior Management Ram Krishnan President-Greater China Region Senior Management Silviu Popovici President-Europe Sub-Saharan Africa Senior Management Simon Lowden President-Global Snacks Group Senior Management

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Key Employee Biographies

KEY EMPLOYEE BIOGRAPHIES

Hugh F. Johnston

Board:Executive Board Job Title:Chief Financial Officer, Executive Vice President, Vice Chairman Since:2015 Age:56

Mr. Hugh F. Johnston has been the Chief Financial Officer, Executive Vice President and Vice Chairman of PepsiCo, Inc. since July 2015. Prior to this, he was Chief Financial Officer and Executive Vice President of the company from March 2010. He joined the company in 1987 and has held various senior management positions, including Chief Financial Officer of Beverages and Foods; Senior Vice President of Mergers and Acquisitions; President of Pepsi-Cola North America Beverages; and Executive Vice President of Global Operations. He also serves as Director of AOL, Inc. Previously, he served as Vice- Chairman and Director of the American Beverage Association and Director of Pepsi Bottling Group.

Indra K. Nooyi

Board:Executive Board Job Title:Chairman Since:2007 Age:62

Ms. Indra K. Nooyi has been the Chairman of the company since May 2007. Prior to this, she served as the Chief Executive Officer of the company from 2006 to 2018. She also served as the Director, President and Chief Financial Officer from May 2001- September 2006. Earlier, Ms. Nooyi served as the Senior Vice President and Chief Financial Officer from February 2000 to April 2001. She also served as PepsiCo's Senior Vice President, Corporate Strategy and Development from 1996 to February 2000, and as the Senior Vice President, Strategic Planning from 1994 to 1996. Prior to this, Ms. Nooyi worked for four years as the Senior Vice President of Strategy, Planning and Strategic Marketing for Asea Brown Boveri, Inc. She also served as the Vice President and a Director of Corporate Strategy and Planning at Motorola, Inc during 1986 -1990. Prior to this, she spent six years at The Boston Consulting Group.

Mehmood Khan

Board:Executive Board Job Title:Chief Scientific Officer-Global Research and Development, Executive Vice President, Vice Chairman Since:2015 Age:59

Mr. Mehmood Khan has been the Vice Chairman, Executive Vice President and Chief Scientific Officer of

PepsiCo Inc Key Employee Biographies