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.
Our Commitment

We are committed to delivering sustained growth through empowered people

acting responsibly and building trust.
What It Means
Sustained Growth 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.
Empowered People 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.
Responsibility and Trust 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.
Guiding Principles
We uphold our commitment with six guiding principles.
We must always strive to:
1. Care for our customers, our consumers and the world we live in. 
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. Sell only products we can be proud of. 
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.
3. Speak with truth and candor. 
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.
4. Balance short term and long term. 
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.
5. Win with diversity and inclusion. 
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.
6. Respect others and succeed together. 
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.

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.
Our Mission
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.
Our Vision
"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.
Performance with Purpose
At PepsiCo, we're committed to achieving business and financial success while
leaving a positive imprint on society - delivering what we call Performance with
Purpose.
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.
Learn more about Performance with Purpose
 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.
1. PepsiCo Americas Beverages
2. PepsiCo Americas Foods
3. PepsiCo Europe
4. PepsiCo Asia, Middle East & Africa
PepsiCo Americas Beverages
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.
Pepsi Beverages Company
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.

Our Worldwide Code of Conduct

 PepsiCo is committed to "Performance with Purpose". Simply put, this means
doing business the right way: operating responsibly with integrity and with high
ethical standards.
Our Worldwide Code of Conduct embodies those principles. It is PepsiCo's
statement of how we expect our employees to do business. The Code of Conduct
provides guidance for dealing with other employees, customers, suppliers, our
shareholders, the public and our competitors in an ethical and appropriate manner.
The Code of Conduct, by its very nature, cannot describe every possible situation
that our employees may experience. What it does provide is the foundation for the
Purpose behind our Performance.
Our Worldwide Code of Conduct is available is 42 languages.
Use the form below to download PepsiCo's Worldwide Code of Conduct:

Our Brands
PepsiCo is home to hundreds of brands around the globe. Listed here are some of
our most recognized.

1. Pepsi-Cola Brands
2. Frito-Lay Brands
3. Gatorade Brands
4. Tropicana Brands
5. Quaker Brands
Pepsi
 Pepsi
 Pepsi Max
 Pepsi Max Cease Fire
 Pepsi Natural
 Pepsi One
 Pepsi Throwback
 Pepsi Wild Cherry
 Caffeine Free Pepsi
 Diet Pepsi
 Diet Pepsi Wild Cherry
 Caffeine Free Diet Pepsi
Sierra Mist
 Sierra Mist
 Diet Sierra Mist
 Sierra Mist Cranberry Splash
 Diet Sierra Mist Cranberry Splash
 Diet Sierra Mist Ruby Splash
Slice
 Slice - Diet Orange
 Slice - Grape
 Slice - Orange
 Slice - Peach
 Slice - Strawberry
Tropicana
 Tropicana Fruit Punch
 Tropicana Lemonade
 Tropicana Light - Lemonade
 Tropicana Light - Orangeade
 Tropicana Orangeade
 Tropicana Pink Lemonade
 Tropicana Strawberry Melon
 Tropicana Twister Soda - Diet Orange
 Tropicana Twister Soda - Grape
 Tropicana Twister Soda - Orange
 Tropicana Twister Soda - Strawberry
Ocean Spray (License)
 Ocean Spray Apple Juice
 Ocean Spray Blueberry Juice Cocktail
 Ocean Spray Cranberry Juice Cocktail
 Ocean Spray Cran-Grape Drink
 Ocean Spray Cran-Pomegranate Juice Drink
 Ocean Spray Orange Juice
 Ocean Spray Pineapple Peach Mango Juice Blend
 Ocean Spray Ruby Red Grapefrui Juice Drink
 Ocean Spray Strawberry Kiwi Juice Drink
More
 Fiesta Mirinda Mango
 Fiesta Mirinda Pina
Mountain Dew
 Mountain Dew
 Mountain Dew Code Red
 Mountain Dew Distortion
 Mountain Dew Live Wire
 Mountain Dew Throwback
 Mountain Dew Typhoon
 Mountain Dew Voltage
 Mountain Dew White Out
 Caffeine Free Mountain Dew
 Caffeine Free Diet Mountain Dew
 Diet Mountain Dew
 Diet Mountain Dew Code Red
AMP Energy
 AMP Energy
 AMP Energy - Elevate
 AMP Energy - Lightning
 AMP Energy - Lightning Sugar Free
 AMP Energy - Overdrive
 AMP Energy - ReLaunch
 AMP Energy - Sugar Free
 AMP Energy - Traction
 AMP Energy Juice - Mixed Berry
 AMP Energy Juice - Orange
 AMP Energy with Black Tea
 AMP Energy with Green Tea
Mug Root Beer
 Mug Root Beer
 Diet Mug Root Beer
 Mug Cream Soda
 Diet Mug Cream Soda
No Fear
 No Fear
 No Fear Motherload
 Sugar Free No Fear
Seattle's Best Coffee
 Seattle's Best Coffee - Iced Latte
 Seattle's Best Coffee - Iced Mocha
 Seattle's Best Coffee - Iced Vanilla Latte
Tazo
 Tazo Brambleberry
 Tazo Giant Peach
 Tazo Organic Iced Black
 Tazo Organic Iced Green
SoBe
 SoBe Adrenaline Rush
 SoBe Sugar Free Adrenaline Rush
 SoBe Energize Citrus Energy
 SoBe Energize Green Tea
 SoBe Energize Mango Melon
 SoBe Energize Power Fruit Punch
 SoBe Lean Fuji Apple Cranberry
 SoBe Lean Honey Green Tea
 SoBe Lean Raspberry Lemonade
 SoBe Lifewater Acai Fruit Punch
 SoBe Lifewater Agave Lemonade
 SoBe Lifewater B-Energy Black Cherry Dragonfruit
 SoBe Lifewater B-Energy Strawberry Apricot
 SoBe Lifewater Black and Blue Berry
 SoBe Lifewater Blackberry Grape
 SoBe Lifewater Cherimoya Punch
 SoBe Lifewater Fuji Apple Pear
 SoBe Lifewater Goji Melon
 SoBe Lifewater Mango Melon
 SoBe Lifewater Orange Tangerine
 SoBe Lifewater Pomegranate Cherry
 SoBe Lifewater Strawberry Dragonfruit
 SoBe Lifewater Strawberry Kiwi
 SoBe Smooth Black and Blue Berry Brew
 SoBe Smooth Orange Cream
 SoBe Smooth Pina Colada
 SoBe Smooth Strawberry Banana
 SoBe Smooth Strawberry Daiquiri
 SoBe Vita-Boom Cranberry Grapefruit
 SoBe Vita-Boom Orange Carrot
Aquafina
 Aquafina
 Aquafina FlavorSplash - Grape
 Aquafina FlavorSplash - Peach Mango
 Aquafina FlavorSplash - Raspberry
 Aquafina FlavorSplash - Strawberry Kiwi
 Aquafina FlavorSplash - Wild Berry
 Aquafina Sparkling - Berry Burst
 Aquafina Sparkling - Citrus Twist
Starbucks (Partnership)
 Frappuccino - Caramel
 Frappuccino - Coffee
 Frappuccino - Dark Chocolate Mocha
 Frappuccino - Light Vanilla
 Frappuccino - Light Mocha
 Frappuccino - Mocha
 Frappuccino - Vanilla
 DoubleShot Coffee Drink
 DoubleShot Light Coffee Drink
 DoubleShot Energy - Cinnamon Dulce
 DoubleShot Energy - Coffee
 DoubleShot Energy - Mocha
 DoubleShot Energy - Vanilla
 DoubleShot Energy - Vanilla Light
Lipton (Partnership)
 Lipton Brisk Lemon Iced Tea
 Lipton Brisk No Calorie Lemon Iced Tea
 Lipton Brisk Raspberry Iced Tea
 Lipton Brisk Sweet Iced Tea
 Lipton Diet Green Tea with Citrus
 Lipton Diet Green Tea with Mixed Berry
 Lipton Diet Iced Tea with Lemon
 Lipton Diet White Tea with Raspberry
 Lipton Green Tea with Citrus
 Lipton Iced Tea Lemonade
 Lipton Iced Tea with Lemon
 Lipton PureLeaf - Diet Lemon
 Lipton PureLeaf - Extra Sweet
 Lipton PureLeaf - Green Tea with Honey
 Lipton PureLeaf - Lemon
 Lipton PureLeaf - Peach
 Lipton PureLeaf - Raspberry
 Lipton PureLeaf - Sweetened
 Lipton PureLeaf - Unsweetened
 Lipton PureLeaf - White Tea with Tangerine
 Lipton PureLeaf-0Cal Naturally Sweet Raspberry
 Lipton PureLeaf-0Cal Naturally Sweetened Lemon
 Lipton Sparkling - Berry
 Lipton Sparkling - Diet Strawberry Kiwi
 Lipton Sparkling - Strawberry Kiwi
 Lipton Sweet Iced Tea
 Lipton White Tea with Raspberry
Outside North America
 Fiesta Mirinda Mango
 Fiesta Mirinda Pina
 Manzanita Sol
 Kas Mas
RELATED LINKS
1. The PepsiCo Family
2. Principal Business Units
OUR LEADERSHIP
1. Senior Leadership
2. Board of Directors
3. Corporate Officers
OUR BUSINESS
Meet the four major divisions of the PepsiCo family:
1. PepsiCo Americas Beverages
2. PepsiCo Americas Foods
3. PepsiCo Europe
4. PepsiCo Asia, Middle East & Africa
OUR HISTORY

Take a journey through our past and see the key milestones that define
PepsiCo. Read More »
 Board of Directors and Committees
PepsiCo's business strategy and affairs are overseen by our Board of Directors,
which is comprised of one executive director and eleven independent outside
directors. Only independent outside directors make up our three standing Board
Committees, 1) Nominating and Corporate Governance, 2) Audit, and 3)
Compensation.

1.
Shona L. Brown

Senior Vice President, Business Operations, Google Inc.

2.
Ian M. Cook

President and Chief Executive Officer, Colgate-Palmolive Company

3.
Dina Dublon

Consultant, Former Executive Vice President and Chief Financial Officer, JP

Morgan Chase & Co.

4.
Victor J. Dzau, M.D.

Chancellor for Health Affairs, Duke University and President & CEO, Duke
University Health Systems

5.
Ray L. Hunt

Chairman of the Board, President and Chief Executive Officer of Hunt

Consolidated, Inc.

6.
Alberto Ibargüen

President & Chief Executive Officer, John S. and James L. Knight Foundation
7.
Arthur C. Martinez

Former Chairman of the Board, President & Chief Executive Officer, Sears,
Roebuck and Co.

8.
Indra K. Nooyi

Chairman and Chief Executive Officer, PepsiCo

9.
Sharon Percy Rockefeller

President & Chief Executive Officer, WETA Public Stations

10.
James J. Schiro

Former Chief Executive Officer, Zurich Financial Services

11.
 Lloyd Trotter

Managing Partner, GenNx360 Capital Partners

12.
Daniel Vasella

Chairman of the Board, Novartis AG

Corporate Officers

1.
Indra K. NooyiChairman of the
Boardand Chief Executive OfficerPepsiCo

2.
Zein AbdallaChief Executive
Officer PepsiCo Europe

3.
Saad Abdul-Latif
Chief Executive Officer 
PepsiCo Asia, Middle East, Africa
4.
Peter A. Bridgman
Senior Vice President
and Controller
PepsiCo

5.
Albert P. Carey
President and Chief Executive Officer
Frito-Lay North America

6.
John Compton
Chief Executive Officer
PepsiCo Americas Foods

7.
Massimo d'Amore
Chief Executive Officer 
PepsiCo Beverages Americas

8.
 Eric Foss
Chief Executive Officer 
Pepsi Beverages Company

9.
Richard Goodman
Executive Vice President
PepsiCo Global Operations

10.
Hugh F. Johnston
Chief Financial Officer 
PepsiCo

11.
Mehmood Khan
CEO, Global Nutrition Group and SVP, Chief Scientific Officer 
PepsiCo

12.
Larry D. Thompson
Senior Vice President 
Government Affairs 
General Counsel and Secretary
13.
Cynthia M. Trudell
Senior Vice President 
PepsiCo Human Resource