1、Contents1.Financial Highlights2.Letter to Shareholders7.Questions&Answers10.Leadership Team12.PepsiCo Americas Foods14.PepsiCo Americas Beverages16.PepsiCo International19.Purpose:Human,Environment,Talent29.PepsiCo Board of Directors30.Executive Officers31.Financial ReviewCommon Stock InformationSto
2、ck Trading Symbol PEP Stock Exchange ListingsThe New York Stock Exchange is the principal market for PepsiCo common stock,which is also listed on the Chicago and Swiss Stock Exchanges.ShareholdersAs of February 8,2008,there were approximately 185,000 shareholders of record.Dividend PolicyWe target a
3、n annual dividend payout of 50%of prior years earnings,excluding certain items.Dividends are usually declared in late January or early February,May,July and November and paid at the end of March,June and September and the beginning of January.The dividend record dates for these payments are,subject
4、to approval of the Board of Directors,expected to be March 7,June 6,September 5 and December 5,2008.We have paid consecutive quarterly cash dividends since 1965.Stock PerformancePepsiCo was formed through the 1965 merger of Pepsi-Cola Company and Frito-Lay,Inc.A$1,000 investment in our stock made on
5、 December 31,2002 was worth about$1,964 on December 31,2007,assuming the reinvestment of dividends into PepsiCo stock.This performance repre-sents a compounded annual growth rate of 14%.The closing price for a share of PepsiCo common stock on the New York Stock Exchange was the price as reported by
6、Bloomberg for the years ending 2003-2007.Past performance is not necessarily indicative of future returns on investments in PepsiCo common stock.Shareholder InformationAnnual MeetingThe Annual Meeting of Shareholders will be held at Frito-Lay Corporate Headquarters,7701 Legacy Drive,Plano,Texas,on W