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PepsiCo Board of Directors Shona L. Brown Arthur C. Martinez Senior Vice President, Former Chairman of the Board, Business Operations, President and Chief Executive Officer, Google Inc. Sears, Roebuck and Co. 44. Elected 2009. 70. Elected 1999. Ian M. Cook Indra K. Nooyi Chairman of the Board, Chairman of the Board President and Chief Executive Officer, and Chief Executive Officer, Colgate-Palmolive Company PepsiCo, Inc. 57. Elected 2008. 54. Elected 2001. Dina Dublon Sharon Percy Rockefeller* Ray L. Hunt, Indra K. Nooyi, James J. Schiro, Daniel Vasella Consultant, Former Executive Vice President and Chief Executive Officer, President and Chief Financial Officer, WETA Public Stations JPMorgan Chase & Co. 65. Elected 1986. 56. Elected 2005. James J. Schiro Victor J. Dzau, M.D. Former Chief Executive Officer, Chancellor for Health Affairs, Zurich Financial Services Duke University and 64. Elected 2003. President and Chief Executive Officer, Duke University Health Systems Lloyd G. Trotter 64. Elected 2005. Managing Partner, GenNx360 Capital Partners Ray L. Hunt 64. Elected 2008. Chairman and Chief Executive Officer, Alberto Ibargüen, Lloyd G. Trotter, Shona L. Brown, Ian M. Cook Hunt Oil Company and Daniel Vasella Chairman of the Board, President Chairman of the Board and Chief Executive Officer, and Former Chief Executive Officer, Hunt Consolidated, Inc. Novartis AG 66. Elected 1996. 56. Elected 2002. Alberto Ibargüen President and Chief Executive Officer, John S. and James L. Knight Foundation 66. Elected 2005. List includes PepsiCo directors as of December 31, 2009 and references age and year elected as a PepsiCo director. Sharon Percy Rockefeller, Victor J. Dzau, Arthur C. Martinez, Dina Dublon * Presiding Director 94 PepsiCo, Inc. 2009 Annual Report

PepsiCo Leadership Our global leadership team is focused on long-term strategies to deliver sustainable growth for our shareholders, consistent with Performance with Purpose. Eric J. Foss, Zein Abdalla, Saad Abdul-Latif, Indra K. Nooyi, John C. Compton, Massimo F. d’Amore PepsiCo Executive Officers* Indra K. Nooyi John C. Compton Larry Thompson Chairman of the Board Chief Executive Officer, Senior Vice President, and Chief Executive Officer, PepsiCo Americas Foods Government Affairs, PepsiCo General Counsel and Secretary, PepsiCo Americas Beverages PepsiCo Zein Abdalla Massimo F. d’Amore Chief Executive Officer, Chief Executive Officer, Cynthia M. Trudell PepsiCo Europe PepsiCo Beverages Americas Senior Vice President and Chief Personnel Officer, Saad Abdul-Latif Eric J. Foss PepsiCo Chief Executive Officer, Chief Executive Officer, PepsiCo Asia, Middle East, Africa Pepsi Beverages Company Peter A. Bridgman Richard Goodman Donald M. Kendall Senior Vice President and Controller, Chief Financial Officer, Co-founder of PepsiCo PepsiCo PepsiCo Albert P. Carey Hugh Johnston President and Chief Executive Officer, Executive Vice President, * PepsiCo Executive Officers subject to Section 16 Frito-Lay North America PepsiCo Global Operations of the Securities and Exchange Act of 1934. PepsiCo, Inc. 2009 Annual Report 95

Common Stock Information InquIRIES REgARdIng youR StoCk holdIngS Registered Shareholders (shares held by you in your If using overnight or certified mail send to: Fidelity Investments StoCk tRAdIng Symbol – PEP name) should address communications concerning 100 Crosby Parkway transfers, statements, dividend payments, address StoCk ExChAngE lIStIngS Mail Zone KC1F-L changes, lost certificates and other administrative The New York Stock Exchange is the principal market Covington, KY 41015 matters to: for PepsiCo common stock, which is also listed on the Chicago and Swiss Stock Exchanges. PepsiCo, Inc. c/o BNY Mellon Shareowner Services Shareholder Services ShAREholdERS P.O. Box 358015 buydIRECt PlAn As of February 12, 2010, there were approximately Pittsburgh, PA 15252-8015 Interested investors can make their initial purchase 174,200 shareholders of record. Telephone: 800-226-0083 directly through BNY Mellon Shareowner Services, 201-680-6685 (Outside the U.S.) transfer agent for PepsiCo and Administrator for the dIvIdEnd PolICy E-mail: shrrelations@bnymellon.com Plan. A brochure detailing the Plan is available on our Dividends are usually declared in late January or early Website: www.bnymellon.com/shareowner/isd website www.pepsico.com or from our transfer agent: February, May, July and November and paid at the end or of March, June and September and the beginning of PepsiCo, Inc. Manager Shareholder Relations January. The dividend record dates for these payments c/o BNY Mellon Shareowner Services PepsiCo, Inc. are, subject to approval of the Board of Directors, P.O. Box 358015 700 Anderson Hill Road expected to be March 5, June 4, September 3 and Pittsburgh, PA 15252-8015 Purchase, NY 10577 December 3, 2010. We have paid consecutive quarterly Telephone: 800-226-0083 Telephone: 914-253-3055 cash dividends since 1965. 201-680-6685 (Outside the U.S.) In all correspondence or telephone inquiries, please E-mail: shrrelations@bnymellon.com StoCk PERfoRmAnCE mention PepsiCo, your name as printed on your stock Website: www.bnymellon.com/shareowner/isd PepsiCo was formed through the 1965 merger of certificate, your Investor ID (IID), your address and Other services include dividend reinvestment, optional Pepsi-Cola Company and Frito-Lay, Inc. A $1,000 telephone number. cash investments by electronic funds transfer or check investment in our stock made on December 31, 2004 drawn on a U.S. bank, sale of shares, online account was worth about $1,307 on December 31, 2009, ShAREPowER PARtICIPAntS (associates with access, and electronic delivery of shareholder assuming the reinvestment of dividends into PepsiCo SharePower Options) should address all questions materials. stock. This performance represents a compounded regarding your account, outstanding options or annual growth rate of 5.5%. shares received through option exercises to: fInAnCIAl And othER InfoRmAtIon Merrill Lynch PepsiCo’s 2010 quarterly earnings releases are CASh dIvIdEndS dEClAREd 1400 Merrill Lynch Drive expected to be issued the weeks of April 19, July 19 Per share (in $) 1.775 and October 4, 2010 and February 7, 2011. 1.65 MSC 04-3N-SOP Pennington, NJ 08534 Copies of PepsiCo’s SEC reports, earnings and other 1.425 Telephone: 800-637-6713 (U.S., Puerto Rico financial releases, corporate news and additional 1.16 and Canada) company information are available on our website 609-818-8800 (all other locations) www.pepsico.com. 1.01 If using overnight or certified mail send to: PepsiCo’s CEO and CFO Certifications required under Merrill Lynch Sarbanes-Oxley Section 302 were filed as an exhibit Client Account Services ESOP to our Form 10-K filed with the SEC on February 22, 1800 Merrill Lynch Drive 2010. PepsiCo’s 2008 Domestic Company Section 303A MSC 0802 CEO Certification was filed with the New York Stock Pennington, NJ 08534 Exchange (NYSE). In addition, we have a written 05 06 07 08 09 statement of Management’s Report on Internal Control In all correspondence, please provide your account over Financial Reporting on page 88 of this annual The closing price for a share of PepsiCo common stock number (for U.S. citizens, this is your Social Security on the New York Stock Exchange was the price as report. If you have questions regarding PepsiCo’s number), your address, your telephone number and financial performance contact: reported by Bloomberg for the years ending 2005–2009. mention PepsiCo SharePower. For telephone inquiries, Past performance is not necessarily indicative of future please have a copy of your most recent statement Lynn A. Tyson returns on investments in PepsiCo common stock. available. Senior Vice President, Investor Relations PepsiCo, Inc. yEAR-End mARkEt PRICE of StoCk ASSoCIAtE bEnEfIt PlAn PARtICIPAntS 700 Anderson Hill Road Based on calendar year-end (in $) PepsiCo 401(K) Plan and PepsiCo Stock Purchase Purchase, NY 10577 80 Program should contact: Telephone: 914-253-3035 E-mail: investor@pepsico.com 60 The PepsiCo Savings & Retirement Center at Fidelity P.O. Box 770003 IndEPEndEnt AudItoRS Cincinnati, OH 45277-0065 KPMG LLP 40 Telephone: 800-632-2014 345 Park Avenue (Overseas: Dial your country’s AT&T Access Number New York, NY 10154-1002 20 +800-632-2014. In the U.S., access numbers are Telephone: 212-758-9700 available by calling 800-331-1140. From anywhere 0 in the world, access numbers are available online CoRPoRAtE hEAdquARtERS 05 06 07 08 09 PepsiCo, Inc. at www.att.com/traveler.) Website: www.netbenefits.fidelity.com 700 Anderson Hill Road Shareholder Information PepsiCo Stock Purchase Program—for Canadian Purchase, NY 10577 Telephone: 914-253-2000 associates: AnnuAl mEEtIng The Annual Meeting of Shareholders will be held at Fidelity Stock Plan Services PEPSICo wEbSItE: www.PEPSICo.Com Frito-Lay corporate headquarters, 7701 Legacy Drive, P.O. Box 5000 © 2010 PepsiCo, Inc. Plano, Texas, on Wednesday, May 5, 2010, at 9:00 a.m. Cincinnati, OH 45273-8398 PepsiCo’s annual report contains many of the valuable local time. Proxies for the meeting will be solicited by Telephone: 800-544-0275 trademarks owned and/or used by PepsiCo and its an independent proxy solicitor. This Annual Report Website: www.iStockPlan.com/ESPP subsidiaries and affiliates in the United States and is not part of the proxy solicitation. internationally to distinguish products and services Please have a copy of your most recent statement of outstanding quality. All other trademarks featured available when calling with inquiries. herein are the property of their respective owners. 96 PepsiCo, Inc. 2009 Annual Report

PepsiCo Values Contribution Summary Our commitment: Contribution Summary (in millions) 2009 To deliver SUSTAINED GROWTH PepsiCo Foundation $ 27.9 through EMPOWERED PEOPLE acting with RESPONSIBILITY Corporate Contributions 3.0 and building TRUST Division Contributions 6.6 Estimated In-Kind Donations 39.0 Guiding Principles Total $76.5 We must always strive to: Care for customers, consumers and the world we live in Sell only products we can be proud of Environmental Profile Speak with truth and candor Balance short term and long term All of this annual report paper is Forest Stewardship Council (FSC) Win with diversity and inclusion certified, which promotes environmentally appropriate, socially Respect others and succeed together beneficial and economically viable management of the world’s forests. PepsiCo continues to reduce the costs and environmental impact of annual report printing and mailing by utilizing a distribution model that drives increased online readership and fewer printed copies. We hope you will agree this is truly Performance with Purpose in action. You can learn more about our environmental efforts at www.pepsico.com. Design: BCN Communications; Goodby, Silverstein & Partners Printing: Lithographix Photography: Todd Plitt; Four Square Studio; James Schnepf Photography Photo on bottom of page 29 property of YMCA of the USA © 2008.

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