PEPSICO'S RACIAL EQUALITY JOURNEY HISPANIC INITIATIVE PROGRESS UPDATE A MESSAGE FROM OUR CEO At PepsiCo, we know that our company can only succeed when our associates and the societies we serve thrive. That’s why we are committed to fostering a diverse workforce that reflects our consumer base and society at all levels in the company and we are helping to build a more equitable and inclusive world, where everyone has a voice and an opportunity to achieve their full potential. This objective became even more critical last year after we witnessed the global pandemic disproportionally impact Black and Hispanic communities across the U.S. and the systemic inequities these communities continue to face. In response, we took a big and necessary step forward by announcing our Racial Equality Journey—an initiative to elevate diverse voices within our company, our supply chain partners, and our communities, whilst helping to dismantle longstanding racial barriers for Black and Hispanic Americans. We committed to invest $172 million over the next five years to increase Hispanic representation at PepsiCo and support Hispanic-owned businesses and communities, in addition to spending $224 million with Hispanic suppliers in 2020. Today, as we mark the one-year anniversary of the launch of our Hispanic Racial Equality Journey, I am proud to share some of the measurable progress we have made across our 3 pillars, People, Business and Communities. Continue Reading the Message SEE OUR RACIAL EQUALITY JOURNEY BLACK INITIATIVE REJ Black Commitments SEE OUR RACIAL EQUALITY JOURNEY HISPANIC INITIATIVE REJ Hispanic Commitments MISSION & VISION PHILANTHROPY HUMAN RIGHTS DIVERSITY & ENGAGEMENT TALENT © PepsiCo 2021 SITE MAP TERMS OF USE PRIVACY ANNUAL MODERN SLAVERY STATEMENT MORE SITES

SEC FILINGS SIGN UP FOR SEC ALERT REVIEW PEPSICO'S FILINGS WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION QUARTERLY EARNINGS ANNUAL REPORTS & PROXY INFORMATION CORPORATE GOVERNANCE GLOBAL CODE OF CONDUCT ABOUT THE COMPANY © PepsiCo 2021 SITE MAP TERMS OF USE PRIVACY ANNUAL MODERN SLAVERY STATEMENT MORE SITES

EVENTS AND PRESENTATIONS Explore an archive of PepsiCo's investor events and presentations 2021 Annual Shareholders' Meeting Consumer Analyst Group of New York Conference 2020 Annual Shareholders' Meeting Consumer Analyst Group of New York Conference 2019 Annual Shareholders' Meeting Consumer Analyst Group of New York Conference 2018 Annual Shareholders' Meeting Consumer Analyst Group of New York Conference 2017 Annual Shareholders' Meeting Consumer Analyst Group of New York Conference 2016 Barclays Back-to-School Consumer Conference Annual Shareholders' Meeting Consumer Analyst Group of New York Conference ANNUAL REPORTS & PROXY INFORMATION QUARTERLY EARNINGS ABOUT THE COMPANY LEADERSHIP SUSTAINABILITY REPORTING © PepsiCo 2021 SITE MAP TERMS OF USE PRIVACY ANNUAL MODERN SLAVERY STATEMENT MORE SITES