Presentation - PepsiCo

Our Businesses are Prolific Cash GeneratorsConsistently Delivering ~90% MOCF Conversion from Net Income90%2005 2006 2007 2008 2009 2010 2011 2012 2013+Note: The item above represents a non-GAAP financial measure that excludes certain items. Please refer to the “Reconciliation of GAAP and Non‐GAAP Information” attachment posted onMay 29, 2013 under the "Investors ‐ Investor Presentations” section on PepsiCo’s website at www.pepsico.com to find disclosure and a reconciliation of the above non‐GAAP financialmeasure.26