- This initiative is aligned with PepsiCo’s Performance with Purpose agenda, which aims to provide access to at least three billion servings of nutritious foods and beverages to under-served communities and consumers around the world.
- The PepsiCo Foundation provided a USD $500,000 grant to The Global FoodBanking Network which aims to provide 6.75 million nutritious servings over 18 months in the region.
- PepsiCo Latin America is committed to providing access to nutrition to communities where it operates, while transforming its food and beverage portfolio to meet changing consumer needs.
- Expanding its portfolio of nutritious, natural options – brands such as Tropicana, Naked, Kero Coco and Quaker Oats offer consumers such options.
- Reducing added sugars, saturated fat, sodium and calories in many of its products, while maintaining the classic taste that its customers have come to love and expect.
- Investing in Research & Development to continue innovating and providing its consumers with the products they love.
###
About PepsiCo PepsiCo products are enjoyed by consumers one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than US $63 billion dollars in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than US $1 billion dollars each in estimated annual retail sales. At the heart of PepsiCo is Performance with Purpose – our fundamental belief that the success of our company is inextricably linked to the sustainability of the world around us. We believe that continuously improving the products we sell, operating responsibly to protect our planet and empowering people around the world is what enables PepsiCo to run a successful global company that creates long-term value for society and our shareholders. For more information, visit www.pepsico.com. About PepsiCo Latin America PepsiCo Latin America is a division that includes all of its beverage, food and snack businesses in Latin America, comprising 34 emerging and developing markets. Our beverage, food and snacks businesses in Latin America include snacks, beverages, cookies & crackers and nutrition categories, which generated US $7.2 billion dollars in net revenue in 2017. Our Beverages business in the region operates through 12 major bottlers. About the PepsiCo Foundation Established in 1962, the PepsiCo Foundation works with non-profit partners to develop innovative, sustainable solutions that address challenges in under-served communities around the world. The Foundation, along with PepsiCo and its employees, seeks to catalyze efforts that advance our Performance with Purpose 2025 goals related to increasing access to nutritious servings, providing access to safe water, partnering to increase recycling rates, and enabling young women to progress through school and thrive in the workforce. For more information, please visit www.pepsico.com/Purpose/Global-Citizenship. About The Global FoodBanking Network The Global FoodBanking Network (GFN) is an international nonprofit organization that nourishes the world’s hungry through launching and strengthening food banks in 31 countries. Last year, 811 GFN member food banks across 31 countries rescued more than 1.04 billion pounds of food and redirected it to feed more than 7.8 million people through more than 55,000 social service and community-based organizations. PepsiCo Cautionary Statement Statements regarding PepsiCo in this communication that are “forward-looking statements” are based on currently available information, operating plans and projections about future events and trends. Terminology such as “expect,” “goal,” “intend,” “may,” “target,” “will” or similar statements or variations of such words and other similar expressions are intended to identify forward-looking statements, although not all forward looking statements contain such terms. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those predicted in such forward looking statements. Such risks and uncertainties include, but are not limited to: changes in demand for PepsiCo’s products, as a result of changes in consumer preferences or otherwise; imposition or proposed imposition of new or increased taxes aimed at PepsiCo’s products; imposition of labeling or warning requirements on PepsiCo’s products; and other factors that may adversely affect the price of PepsiCo’s publicly traded securities and financial performance. For additional information on these and other factors that could cause PepsiCo’s actual results to materially differ from those set forth herein, please see PepsiCo’s filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. For more information, contact: Valeria Rivas Executive and External Communications Sr. Manager PepsiCo Latin America valeria.rivas@pepsico.com Katie Lutz Acting Communications Manager The Global FoodBanking Network +1 312‐620‐9666 kelutz@foodbanking.org