1、 Corrected Transcript 1-877-FACTSET Total Pages:17 Copyright 2001-2025 FactSet CallStreet,LLC 04-Feb-2025 PepsiCo,Inc.(PEP)Q4 2024 Earnings Call PepsiCo,Inc.(PEP)Q4 2024 Earnings Call Corrected Transcript 04-Feb-2025 1-877-FACTSET 2 Copyright 2001-2025 FactSet CallStreet,LLC CORPORATE PARTICIPANTS R

2、avi Pamnani Senior Vice President,Investor Relations,PepsiCo,Inc.James T.Caulfield Chief Financial Officer&Executive Vice President,PepsiCo,Inc.Ramon L.Laguarta Chairman&Chief Executive Officer,PepsiCo,Inc.OTHER PARTICIPANTS Lauren R.Lieberman Analyst,Barclays Capital,Inc.Bonnie Herzog Analyst,Goldm

3、an Sachs&Co.LLC Kaumil Gajrawala Analyst,Jefferies LLC Dara Mohsenian Analyst,Morgan Stanley&Co.LLC Bryan D.Spillane Analyst,BofA Securities,Inc.Filippo Falorni Analyst,Citigroup Global Markets,Inc.Peter Grom Analyst,UBS Securities LLC Steve Powers Analyst,Deutsche Bank Securities,Inc.Michael S.Lave

4、ry Analyst,Piper Sandler&Co.Drew N.Levine Analyst,JPMorgan Securities LLC Gregory Porter Analyst,Evercore Group LLC Robert Moskow Analyst,TD Cowen Chris Carey Analyst,Wells Fargo Securities LLC Kevin Grundy Analyst,BNP Paribas Securities Corp.PepsiCo,Inc.(PEP)Q4 2024 Earnings Call Corrected Transcri

5、pt 04-Feb-2025 1-877-FACTSET 3 Copyright 2001-2025 FactSet CallStreet,LLC MANAGEMENT DISCUSSION SECTION Operator:Good morning and welcome to PepsiCos Fourth Quarter and Full Year 2024 Earnings Question and Answer Session.Your lines have been placed on listen-only until its your turn to ask a questio

6、n.Todays call is being recorded and will be archived at .It is now my pleasure to introduce Mr.Ravi Pamnani,Senior Vice President of Investor Relations.Mr.Pamnani,you may begin.Ravi Pamnani Senior Vice President,Investor Relations,PepsiCo,Inc.Thank you,Kevin,and good morning,everyone.I hope everyone