PepsiCo, Inc. - PEP STOCK NEWS

Lay's has launched its new limited-edition "Flavor Swap®" lineup featuring two unique flavor mashups: Lay's Doritos Cool Ranch and Lay's Wavy Funyuns Onion. These innovative flavors combine popular snacks from PepsiCo's Frito-Lay division and are set to delight customers this summer. The chips will be available for $3.79 (7.5 oz) and $1.99 (2.625 oz) in grocery stores nationwide for a limited time.

This initiative highlights Lay's commitment to flavor innovation and consumer engagement.

Cheetos and Bad Bunny are launching the Deja tu Huella campaign's second phase with an exclusive adidas fashion collection and a student fund. The initiative offers fans early access to limited merchandise from August 6 by demonstrating Cheetle® on their fingers. Additionally, the Deja tu Huella Estudiante Fund will award $500,000 to students in the U.S. and Puerto Rico, with applications open until August 18. PepsiCo, the parent company, has pledged $275 million to Hispanic communities.

PepsiCo (NASDAQ: PEP) released its 2020 Diversity, Equity, and Inclusion (DEI) Report, highlighting its global strategy, 'A Space to be You'. Key achievements include:

• 41% gender parity
• 8% Black and 9% Hispanic representation, aiming for 10% managerial representation by 2025
• Over $35M investment in diverse suppliers in 2021
• $71 million for community support during COVID-19

The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.075 per share, marking a 5% increase from the previous year. This decision reflects the company's confidence, following an increase of the annual dividend to $4.30 from $4.09, beginning with the June 2021 payment. The dividend will be payable on September 30, 2021, to shareholders recorded by September 3, 2021. PepsiCo has maintained consecutive cash dividends since 1965 and celebrated its 49th consecutive annual dividend increase.

Gatorade has named Roisin Willis and Hobbs Kessler the 2020-21 Gatorade National Track and Field Players of the Year. Willis achieved multiple records, including an Under-18 world record in the 800m (2:00.78) and a state record in the 1,600m (4:41.46). Kessler broke the national prep record in the 1500m (3:34.6) and set a national record in the mile (3:57.66). Both athletes excelled academically, with Willis maintaining a 4.0 GPA and Kessler a 3.48 GPA. The award celebrates athletic excellence, character, and academic achievement.

Gatorade has named Dylan Lesko of Buford High School as the 2020-21 Gatorade National Baseball Player of the Year, honoring his outstanding athletic and academic achievements. Lesko, who has a 4.0 GPA, boasts an impressive 11-0 record with a 0.35 ERA and 112 strikeouts in 60 innings. He is recognized among the top prospects in his class and has committed to play at Vanderbilt University. The award highlights Lesko's contributions on and off the field, joining an elite list of previous award winners who have excelled in Major League Baseball.

Tostitos, a brand under Frito-Lay North America, is launching a new cooking series called "Next Day Delicious" in collaboration with celebrity chef Carla Hall. This initiative aims to help consumers creatively use their Fourth of July leftovers. Beginning July 5, 2021, Carla Hall will share recipes on social media, showcasing unique dishes such as Spicy Tostitos S'Mores and Tostitos Crusted Corn Dogs. This campaign is part of Tostitos' broader strategy to connect people through shared food experiences.

Doritos has launched the SOLID BLACK™ initiative to amplify the voices of Black innovators and creators. The campaign, which begins this summer, will invest over $5 million to support these changemakers, each receiving $50,000 for their efforts. The initiative, highlighted during the BET Awards, aims to spotlight stories of resilience through various public platforms. Additionally, Doritos is committing $100,000 to the National Urban League to support Black entrepreneurs, part of a larger $400 million commitment by PepsiCo for racial equality.