PEP Earnings

mental Law ” means any federal, state, local or foreign statute, law, ordinance, rule, regulation, code, order, judgment, decree or judicial or agency interpretation, policy or guidance relating to the environment, health, safety or Hazardous Materials. “ Equivalent ” in Dollars of Euros on any date means the equivalent in Dollars of Euros determined by using

d, we aim to successfully execute our commercial plans and tightly manage costs to help fund investments to accelerate growth. Therefore, we are affirming fiscal 2026 financial guidance and expected cash returns to shareholders – including the previously announced 4 percent increase in the annualized dividend per share beginning with the June 2026 payment, whi

n the attached exhibits and to the Glossary for the definitions of non-GAAP financial measures, including “Organic revenue performance,” “Core” and “Constant currency,” and to “Guidance and Outlook” for additional information regarding PepsiCo’s full-year 2026 financial guidance. PepsiCo provides guidance on a non-GAAP basis as we cannot predict certain elemen

on of GAAP and non-GAAP information in the attached exhibits and to the Glossary for definitions of “Organic revenue performance,” “Core” and “Constant currency.” 3 Fiscal 2026 Guidance and Outlook The Company provides guidance on a non-GAAP basis as we cannot predict certain elements which are included in reported GAAP results, including the impact of foreign

er any obligation to oversee or monitor the performance of the Company or its designee. If the Calculation Agent at any time or times determines in its reasonable judgment that guidance is needed to perform its duties, including, without limitation, with respect to the manner or method of determining any component of the Alternative Rate, or it is required to

etermining any component of the Alternative Rate, or it is required to decide between alternative courses of action, the Calculation Agent may (but is not obligated to) request guidance in the form of written instructions from the Company or its designee on which the Calculation Agent shall be entitled to rely without liability on its part.