Presentation - PepsiCo

Long-Term Goals• Revenue Growth MSD,mostly Organic• Balanced offeringsbetween FFY, BFY, GFY• Increased Emerging &Developing MarketFootprintTop Tier TSR• EPS HSD• Operating Margin+30-50 bps / year• ROIC 50+ bps / year• Core MOCF growth= Net Income growth• Strong returns toshareholders (dividendsand share repurchases)SupportingFundamentals:• World-Class Brand Building and Innovation• Excellence in Execution• Optimal Cost Structure and Capital Allocation• Best Place to WorkNote: certain of the above items are Non-GAAP financial measures that exclude certain items. For a description of these items, please refer to "Reconciliation of GAAPand non-GAAP Information" in the “Investors” section of PepsiCo’s website at www.pepsico.com37