PEPSICO INC

PepsiCo, Inc. is a leading global beverage and convenient food company with a diverse portfolio of brands, including Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. The company operates in seven reportable segments: Frito-Lay North America, Quaker Foods North America, PepsiCo Beverages North America, Latin America, Europe, Africa, Middle East and South Asia, and Asia Pacific, Australia and New Zealand and China Region. PepsiCo's products are distributed through direct-store-delivery, customer warehouses, distributor networks, and e-commerce platforms. The company's brands and intellectual property rights include numerous trademarks and patents. PepsiCo's businesses are affected by seasonality, with highest sales in the third quarter and lowest sales in the first quarter. The company's customers include wholesale and other distributors, foodservice customers, grocery stores, and authorized independent bottlers. PepsiCo competes primarily on the basis of brand recognition and loyalty, taste, price, value, quality, product variety, innovation, distribution, shelf space, advertising, marketing and promotional activity, packaging, convenience, service, and the ability to anticipate and effectively respond to consumer preferences and trends. PepsiCo engages in research and development activities to meet customer and consumer needs and accelerate growth. The company is subject to various laws and regulations in the United States and other countries, including those related to food safety, international trade and tariffs, supply chains, competition, anti-corruption, and data privacy. PepsiCo's website is www.pepsico.com and its ticker symbol is PEP.