Form 424B2 PEPSICO INC

the Lipton model name) and Starbucks, respectively. More, PBNA manufactures and distributes particular makes licensed from Keurig Dr Pepper Inc., including Crush, Dr Pepper and Schweppes, and selected juice brands certified from Dole Foodstuff Organization, Inc. and Ocean Spray Cranberries, Inc. In the very first quarter of 2022, we marketed our Tropicana, Bare and other choose juice manufacturers to PAI Associates, when retaining a 39% noncontrolling curiosity in a newly formed joint undertaking that will operate throughout North America and Europe. In the U.S., PepsiCo functions as the exceptional distributor for the new joint venture’s portfolio of manufacturers for modest-format and foodservice clients with chilled immediate-retail store-shipping.

Latin America

Both independently or in conjunction with third parties, LatAm makes, marketplaces, distributes and sells a quantity of practical food manufacturers such as Cheetos, Doritos, Emperador, Lay’s, Mabel, Marias Gamesa, Ruffles, Sabritas, Saladitas and Tostitos, as very well as numerous Quaker-branded hassle-free foodstuff. LatAm also, possibly independently or in conjunction with 3rd functions, makes, markets, distributes and sells beverage concentrates, fountain syrups and concluded goods beneath many beverage brands which include 7UP, Gatorade, H2oh!, Manzanita Sol, Mirinda, Pepsi, Pepsi Black, San Carlos and Toddy. These branded solutions are sold to authorized and unbiased bottlers, unbiased distributors and vendors. LatAm also, either independently or in conjunction with third events, helps make, markets, distributes and sells completely ready-to-drink tea solutions by way of an international joint venture with Unilever (beneath the Lipton brand name identify).

Europe

Possibly independently or in conjunction with third parties, Europe makes, marketplaces, distributes and sells a range of easy meals makes which include Cheetos, Chipita, Doritos, Lay’s, Ruffles and Walkers, as properly as many Quaker-branded effortless foods, as a result of consolidated businesses, as effectively as by noncontrolled affiliates. Europe also, both independently or in conjunction with third functions, would make, markets, distributes and sells beverage concentrates, fountain syrups and completed merchandise beneath several beverage brands such as 7UP, Eating plan Pepsi, Lubimy Sad, Mirinda, Pepsi and Pepsi Max. These branded merchandise are sold to licensed and unbiased bottlers, unbiased distributors and stores. In specified markets, nonetheless, Europe operates its have bottling plants and distribution services. Europe also, as component of its beverage business, manufactures and distributes SodaStream glowing water makers and related goods. Even further, Europe can make, marketplaces, distributes and sells a quantity of dairy merchandise like Agusha, Chudo and Domik v Derevne. Europe also, possibly independently or in conjunction with 3rd parties, will make, marketplaces, distributes and sells completely ready-to-drink tea items via an worldwide joint undertaking with Unilever (less than the Lipton brand name title). In the first quarter of 2022, we sold our Tropicana, Naked and other pick out juice manufacturers to PAI Companions, when retaining a 39% noncontrolling curiosity in a newly formed joint undertaking that will run across North The united states and Europe.

Africa, Center East and South Asia

Possibly independently or in conjunction with third get-togethers, AMESA tends to make, marketplaces, distributes and sells a variety of handy foods models including Chipsy, Doritos, Kurkure, Lay’s, Sasko, Spekko and White Star, as very well as many Quaker-branded convenient foods, as a result of consolidated enterprises, as nicely as by means of noncontrolled affiliate marketers. AMESA also will make, markets, distributes and sells beverage concentrates, fountain syrups and concluded goods under numerous beverage brand names such as 7UP, Aquafina, Mirinda, Mountain Dew and Pepsi. These branded goods are sold to authorized and independent bottlers, unbiased distributors and vendors. In certain markets, nonetheless, AMESA operates its have bottling crops and distribution services. AMESA also, both independently or in conjunction with 3rd functions, will make, markets, distributes and sells prepared-to-drink tea solutions through an worldwide joint undertaking with Unilever (underneath the Lipton brand title).

Asia Pacific, Australia and New Zealand and China Area

Possibly independently or in conjunction with third functions, APAC makes, markets, distributes and sells a quantity of handy food stuff makes like BaiCaoWei, Cheetos, Doritos, Lay’s and Smith’s, as nicely as a lot of Quaker-branded hassle-free food items, by means of consolidated firms, as very well as by means of noncontrolled affiliates. APAC also makes, markets, distributes and sells beverage concentrates, fountain syrups and

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