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PepsiCo, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and PepsiCo, Inc.’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 31Reported items
  • 1,702Asset managers
  • 27,208Fund votes
  • 2026-05-06Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore PepsiCo, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by PepsiCo, Inc.

These tallies are PepsiCo, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

PepsiCo, Inc. — official shareholder meeting results, meeting held 2026-05-06
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Jennifer Bailey 985,427,40615,993,4802,032,468 --168,077,892 Majority: yes
Elect Director: Cesar Conde 950,713,17050,520,6062,219,578 --168,077,892 Majority: yes
Elect Director: Ian Cook 966,847,04834,407,4772,198,829 --168,077,892 Majority: yes
Elect Director: Edith W. Cooper 978,844,36922,559,5812,049,404 --168,077,892 Majority: yes
Elect Director: Susan M. Diamond 978,952,45322,246,7042,254,197 --168,077,892 Majority: yes
Elect Director: Dina Dublon 925,174,90476,178,0472,100,403 --168,077,892 Majority: yes
Elect Director: Michelle Gass 988,042,23612,696,1552,714,963 --168,077,892 Majority: yes
Elect Director: David W. Gibbs 987,649,36713,634,0072,169,980 --168,077,892 Majority: yes
Elect Director: Ramon L. Laguarta 947,731,77249,828,7335,892,849 --168,077,892 Majority: yes
Elect Director: Sir Dave J. Lewis 993,210,4858,024,1332,218,736 --168,077,892 Majority: yes
Elect Director: Robert C. Pohlad 914,405,63286,817,5652,230,157 --168,077,892 Majority: yes
Elect Director: Daniel Vasella, MD 918,117,23883,114,9342,221,182 --168,077,892 Majority: yes
Elect Director: Alberto Weisser 964,298,72636,895,4582,259,170 --168,077,892 Majority: yes
(2) The shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for PepsiCo for fiscal year 2026: 1,082,112,77886,960,4652,458,003 ---- Majority: yes
(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation: 889,386,771109,646,8834,419,700 --168,077,892 Majority: yes
(4) The shareholders voted against a shareholder proposal regarding an independent board chair: 255,870,502735,873,52811,709,324 --168,077,892 Majority: no
(5) The shareholders voted against a shareholder proposal regarding a report on human rights oversight: 163,426,130825,383,05014,644,174 --168,077,892 Majority: no
(6) The shareholders voted against a shareholder proposal regarding a report evaluating the treatment of animals within supply chain: 87,251,346899,535,56416,666,444 --168,077,892 Majority: no

Source: PepsiCo, Inc., Form 8-K — read the filing on EDGAR.

How asset managers voted at the PepsiCo, Inc. 2025-2026 meeting

Each item below shows how the 1,702 asset managers that disclosed a PepsiCo, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of PepsiCo, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory approval of the Company's executive compensation.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 35 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 889,386,771AGAINST: 109,646,883

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 889,386,771 for, 109,646,883 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 65% for, 8% against (73% of the company cast a for/against vote).

The 1,610 asset managers below cast 95% of the shares they voted on this item FOR (884,597,058 for, 50,696,621 against).

FOR 95%
FOR: 884,597,058 (94.5%)AGAINST: 50,696,621 (5.4%)ABSTAIN: 127,334 (0.0%)NOT VOTED: 254,014 (0.0%)SPLIT: 62,112 (0.0%)UNKNOWN: 4,756 (0.0%)
Largest asset managers voting on “Advisory approval of the Company's executive compensation.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard142,907,612682 260For
BlackRock100,866,1089,158 00For
Invesco80,658,3900 00For
Charles Schwab57,761,0190 00For
Fidelity39,997,6110 00For
State Street36,427,530351,900 00For
GEODE CAPITAL MANAGEMENT, LLC34,157,0170 00For
Northern Trust13,519,132107,987 00For
JPMorgan013,423,778 00Against
FRANKLIN ADVISERS INC8,793,9030 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/8,752,4760 00For
Amundi08,446,882 00Against
Goldman Sachs7,909,4800 00For
BANK OF AMERICA NA7,333,3170 00For
WELLS FARGO CLEARING SERVICES, LLC7,275,8880 00For
Fisher Asset Management, LLC7,250,7800 00For
T. Rowe Price7,176,2550 00For
MELLON INVESTMENTS Corp7,082,4960 00For
Nuveen6,702,1900 00For
UBS6,076,2930 00For
TIAA5,627,1240 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC5,613,7910 00For
Capital Group5,598,7270 00For
Legal & General Investment Management Ltd166,1545,171,839 00Against
Columbia Threadneedle4,933,092193,188 00For

Showing the 25 largest of 1,610 asset managers. See all 1,610 in the interactive database.

2. Ratification of appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 2025.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 12 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%7%
FOR: 1,082,112,778AGAINST: 86,960,465

PepsiCo, Inc.’s own tally for this item (“(2) The shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for PepsiCo for fiscal year 2026:”): 1,082,112,778 for, 86,960,465 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 79% for, 6% against (86% of the company cast a for/against vote).

The 268 asset managers below cast 99.3% of the shares they voted on this item FOR (377,910,884 for, 2,530,940 against).

FOR 99.3%
FOR: 377,910,884 (99.3%)AGAINST: 2,530,940 (0.7%)ABSTAIN: 72,772 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Ratification of appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 2” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard127,354,6031,302,362 90For
BlackRock44,004,8727,877 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,127,997374 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 268 asset managers. See all 268 in the interactive database.

3. Shareholder Proposal - Report on Human Rights Oversight.

HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEMajority of the votes cast: no

Meeting held 2026-05-06.

Combines 9 wordings of this item as funds reported it.

17% Majority: no · of votes cast

FOR 17%AGAINST 83%
FOR: 163,426,130AGAINST: 825,383,050

PepsiCo, Inc.’s own tally for this item (“(5) The shareholders voted against a shareholder proposal regarding a report on human rights oversight:”): 163,426,130 for, 825,383,050 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 12% for, 60% against (72% of the company cast a for/against vote).

The 268 asset managers below cast 1% of the shares they voted on this item FOR (4,360,819 for, 375,145,330 against).

AGAINST 99%
FOR: 4,360,819 (1.1%)AGAINST: 375,145,330 (98.6%)ABSTAIN: 982,643 (0.3%)UNKNOWN: 31,594 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Shareholder Proposal - Report on Human Rights Oversight.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard132,409128,524,476 890Against
BlackRock32,68943,980,060 00Against
Invesco037,992,507 00Against
Fidelity496,75534,280,495 00Against
Charles Schwab028,750,111 00Against
State Street7,16013,121,211 00Against
JPMorgan011,892,046 00Against
TIAA05,375,130 00Against
Franklin Custodian Funds05,000,000 00Against
MFS04,972,838 00Against
Columbia Threadneedle04,921,871 00Against
Capital Group04,230,905 00Against
First Trust04,094,266 00Against
ProShares03,251,883 00Against
Dimensional02,945,165 00Against
MASTER INVESTMENT PORTFOLIO02,094,396 00Against
American Century02,083,123 00Against
Jackson National01,942,169 00Against
INVESTMENT CO OF AMERICA01,844,209 00Against
Victory Capital01,677,965 00Against
AMG FUNDS01,663,500 00Against
Federated Hermes01,613,810 00Against
FRANKLIN MANAGED TRUST01,610,000 00Against
T. Rowe Price01,319,420 00Against
VanEck ETF Trust01,093,172 00Against

Showing the 25 largest of 268 asset managers. See all 268 in the interactive database.

4. Shareholder Proposal - Independent Board Chair.

CORPORATE GOVERNANCEMajority of the votes cast: no

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

26% Majority: no · of votes cast

FOR 26%AGAINST 74%
FOR: 255,870,502AGAINST: 735,873,528

PepsiCo, Inc.’s own tally for this item (“(4) The shareholders voted against a shareholder proposal regarding an independent board chair:”): 255,870,502 for, 735,873,528 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 19% for, 53.8% against (73% of the company cast a for/against vote).

The 265 asset managers below cast 11% of the shares they voted on this item FOR (41,426,424 for, 338,424,451 against).

11%AGAINST 89%
FOR: 41,426,424 (10.9%)AGAINST: 338,424,451 (89.0%)ABSTAIN: 171,106 (0.0%)UNKNOWN: 31,594 (0.0%)A: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Shareholder Proposal - Independent Board Chair.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard3,826,893124,830,018 670Against
BlackRock39,92043,972,829 00Against
Invesco037,992,507 00Against
Fidelity621,08134,156,169 00Against
Charles Schwab2,34528,747,766 00Against
State Street7,16013,121,211 00Against
JPMorgan11,892,0460 00For
TIAA05,375,130 00Against
Franklin Custodian Funds05,000,000 00Against
MFS04,972,838 00Against
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust04,094,266 00Against
ProShares03,251,883 00Against
Dimensional02,945,165 00Against
MASTER INVESTMENT PORTFOLIO02,094,396 00Against
American Century02,083,123 00Against
Jackson National119,7471,822,422 00Against
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital01,677,965 00Against
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price01,319,420 00Against
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 265 asset managers. See all 265 in the interactive database.

5. Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain.

DIVERSITY, EQUITY, AND INCLUSIONMajority of the votes cast: no

Meeting held 2026-05-06.

Combines 8 wordings of this item as funds reported it.

9% Majority: no · of votes cast

9%AGAINST 91%
FOR: 87,251,346AGAINST: 899,535,564

PepsiCo, Inc.’s own tally for this item (“(6) The shareholders voted against a shareholder proposal regarding a report evaluating the treatment of animals within supply chain:”): 87,251,346 for, 899,535,564 against, per its Form 8-K (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 6% for, 66% against (72% of the company cast a for/against vote).

The 265 asset managers below cast 0.7% of the shares they voted on this item FOR (2,458,691 for, 377,035,619 against).

AGAINST 99.0%
FOR: 2,458,691 (0.6%)AGAINST: 377,035,619 (99.1%)ABSTAIN: 982,657 (0.3%)UNKNOWN: 31,594 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard131,975128,524,898 1030Against
BlackRock32,68943,980,060 00Against
Invesco037,992,507 00Against
Fidelity034,777,250 00Against
Charles Schwab028,750,111 00Against
State Street7,16013,121,211 00Against
JPMorgan011,892,046 00Against
TIAA05,375,130 00Against
Franklin Custodian Funds05,000,000 00Against
MFS04,972,838 00Against
Columbia Threadneedle04,921,871 00Against
Capital Group04,230,905 00Against
First Trust04,094,266 00Against
ProShares03,251,883 00Against
Dimensional02,945,165 00Against
MASTER INVESTMENT PORTFOLIO02,094,396 00Against
American Century02,083,123 00Against
Jackson National01,942,169 00Against
INVESTMENT CO OF AMERICA01,844,209 00Against
Victory Capital01,677,965 00Against
AMG FUNDS01,663,500 00Against
Federated Hermes01,613,810 00Against
FRANKLIN MANAGED TRUST01,610,000 00Against
T. Rowe Price01,319,420 00Against
VanEck ETF Trust01,093,172 00Against

Showing the 25 largest of 265 asset managers. See all 265 in the interactive database.

6. Election of Directors: Jennifer Bailey

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 985,427,406AGAINST: 15,993,480

PepsiCo, Inc.’s own tally for this item (“Elect Director: Jennifer Bailey”): 985,427,406 for, 15,993,480 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 72% for, 1% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,474,439 for, 1,836 against).

FOR 99.9%
FOR: 380,474,439 (100.0%)AGAINST: 1,836 (0.0%)ABSTAIN: 74,165 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Jennifer Bailey” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,86799 120For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

7. Election of Directors: Cesar Conde

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 950,713,170AGAINST: 50,520,606

PepsiCo, Inc.’s own tally for this item (“Elect Director: Cesar Conde”): 950,713,170 for, 50,520,606 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 70% for, 4% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 97% of the shares they voted on this item FOR (367,501,258 for, 12,975,015 against).

FOR 97%
FOR: 367,501,258 (96.6%)AGAINST: 12,975,015 (3.4%)ABSTAIN: 74,167 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Cesar Conde” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,645319 140For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan011,892,046 00Against
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,822,422119,747 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

8. Election of Directors: Ian Cook

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 966,847,048AGAINST: 34,407,477

PepsiCo, Inc.’s own tally for this item (“Elect Director: Ian Cook”): 966,847,048 for, 34,407,477 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 71% for, 3% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,280,498 for, 195,775 against).

FOR 99.9%
FOR: 380,280,498 (99.9%)AGAINST: 195,775 (0.1%)ABSTAIN: 74,166 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Ian Cook” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,751212 130For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,127,997374 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

9. Election of Directors: Edith W. Cooper

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 978,844,369AGAINST: 22,559,581

PepsiCo, Inc.’s own tally for this item (“Elect Director: Edith W. Cooper”): 978,844,369 for, 22,559,581 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 72% for, 2% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,474,392 for, 1,880 against).

FOR 99.9%
FOR: 380,474,392 (100.0%)AGAINST: 1,880 (0.0%)ABSTAIN: 74,165 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Edith W. Cooper” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,820143 120For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

10. Election of Directors: Susan M. Diamond

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 978,952,453AGAINST: 22,246,704

PepsiCo, Inc.’s own tally for this item (“Elect Director: Susan M. Diamond”): 978,952,453 for, 22,246,704 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 72% for, 2% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,426,896 for, 1,876 against).

FOR 99.9%
FOR: 380,426,896 (100.0%)AGAINST: 1,876 (0.0%)ABSTAIN: 74,168 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Susan M. Diamond” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,824139 150For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

11. Election of Directors: Dina Dublon

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 925,174,904AGAINST: 76,178,047

PepsiCo, Inc.’s own tally for this item (“Elect Director: Dina Dublon”): 925,174,904 for, 76,178,047 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 68% for, 6% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 97% of the shares they voted on this item FOR (367,822,422 for, 12,606,352 against).

FOR 97%
FOR: 367,822,422 (96.7%)AGAINST: 12,606,352 (3.3%)ABSTAIN: 74,165 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Dina Dublon” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,478486 120For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,127,997374 00For
JPMorgan011,892,046 00Against
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,822,422119,747 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

12. Election of Directors: David W. Gibbs

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 987,649,367AGAINST: 13,634,007

PepsiCo, Inc.’s own tally for this item (“Elect Director: David W. Gibbs”): 987,649,367 for, 13,634,007 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 72% for, 1.0% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,426,955 for, 1,820 against).

FOR 99.9%
FOR: 380,426,955 (100.0%)AGAINST: 1,820 (0.0%)ABSTAIN: 74,166 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: David W. Gibbs” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,88383 130For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

13. Election of Directors: Ramon L. Laguarta

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 8 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 947,731,772AGAINST: 49,828,733

PepsiCo, Inc.’s own tally for this item (“Elect Director: Ramon L. Laguarta”): 947,731,772 for, 49,828,733 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 69% for, 4% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.8% of the shares they voted on this item FOR (380,017,233 for, 411,517 against).

FOR 99.8%
FOR: 380,017,233 (99.9%)AGAINST: 411,517 (0.1%)ABSTAIN: 74,190 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Ramon L. Laguarta” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,621319 370For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,168203 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

14. Election of Directors: Dave J. Lewis

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 8 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%
FOR: 993,210,485AGAINST: 8,024,133

PepsiCo, Inc.’s own tally for this item (“Elect Director: Sir Dave J. Lewis”): 993,210,485 for, 8,024,133 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 73% for, 0.6% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,426,991 for, 1,782 against).

FOR 99.9%
FOR: 380,426,991 (100.0%)AGAINST: 1,782 (0.0%)ABSTAIN: 74,167 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Dave J. Lewis” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,91945 140For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

15. Election of Directors: Robert C. Pohlad

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%9%
FOR: 914,405,632AGAINST: 86,817,565

PepsiCo, Inc.’s own tally for this item (“Elect Director: Robert C. Pohlad”): 914,405,632 for, 86,817,565 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 67% for, 6% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 96% of the shares they voted on this item FOR (364,163,880 for, 16,264,896 against).

FOR 96%
FOR: 364,163,880 (95.7%)AGAINST: 16,264,896 (4.3%)ABSTAIN: 74,167 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Robert C. Pohlad” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard126,206,9382,450,028 140For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,751,06926,181 00For
Charles Schwab28,750,1110 00For
State Street13,127,997374 00For
JPMorgan011,892,046 00Against
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,822,422119,747 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

16. Election of Directors: Daniel Vasella

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 8 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 918,117,238AGAINST: 83,114,934

PepsiCo, Inc.’s own tally for this item (“Elect Director: Daniel Vasella, MD”): 918,117,238 for, 83,114,934 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 67% for, 6% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 97% of the shares they voted on this item FOR (367,604,206 for, 12,824,569 against).

FOR 97%
FOR: 367,604,206 (96.6%)AGAINST: 12,824,569 (3.4%)ABSTAIN: 74,167 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Daniel Vasella” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,429536 140For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,127,997374 00For
JPMorgan011,892,046 00Against
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,822,422119,747 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

17. Election of Directors: Alberto Weisser

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 8 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%
FOR: 964,298,726AGAINST: 36,895,458

PepsiCo, Inc.’s own tally for this item (“Elect Director: Alberto Weisser”): 964,298,726 for, 36,895,458 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 71% for, 3% against (73% of the company cast a for/against vote).

The 263 asset managers below cast 99.9% of the shares they voted on this item FOR (380,195,058 for, 233,715 against).

FOR 99.9%
FOR: 380,195,058 (99.9%)AGAINST: 233,715 (0.1%)ABSTAIN: 74,168 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Alberto Weisser” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,730233 150For
BlackRock44,012,7490 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,127,997374 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 263 asset managers. See all 263 in the interactive database.

18. Election of Directors: Michelle Gass

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 7 wordings of this item as funds reported it.

99% Majority: yes · of votes cast

FOR 99%
FOR: 988,042,236AGAINST: 12,696,155

PepsiCo, Inc.’s own tally for this item (“Elect Director: Michelle Gass”): 988,042,236 for, 12,696,155 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 72% for, 1.0% against (73% of the company cast a for/against vote).

The 262 asset managers below cast 99.9% of the shares they voted on this item FOR (380,413,086 for, 10,435 against).

FOR 99.9%
FOR: 380,413,086 (100.0%)AGAINST: 10,435 (0.0%)ABSTAIN: 74,170 (0.0%)UNKNOWN: 2,905 (0.0%)NOT VOTED: 1,040 (0.0%)
Largest asset managers voting on “Election of Directors: Michelle Gass” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,88378 170For
BlackRock44,004,8727,877 00For
Invesco37,992,5070 00For
Fidelity34,777,2500 00For
Charles Schwab28,750,1110 00For
State Street13,128,3710 00For
JPMorgan11,892,0460 00For
TIAA5,375,1300 00For
Franklin Custodian Funds5,000,0000 00For
MFS4,972,8380 00For
Columbia Threadneedle4,921,8710 00For
Capital Group4,230,9050 00For
First Trust4,094,2660 00For
ProShares3,251,8830 00For
Dimensional2,945,1650 00For
MASTER INVESTMENT PORTFOLIO2,094,3960 00For
American Century2,083,1230 00For
Jackson National1,942,1690 00For
INVESTMENT CO OF AMERICA1,844,2090 00For
Victory Capital1,677,9650 00For
AMG FUNDS1,663,5000 00For
Federated Hermes1,613,8100 00For
FRANKLIN MANAGED TRUST1,610,0000 00For
T. Rowe Price1,319,4200 00For
VanEck ETF Trust1,093,1720 00For

Showing the 25 largest of 262 asset managers. See all 262 in the interactive database.

19. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 2 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 889,386,771AGAINST: 109,646,883

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 889,386,771 for, 109,646,883 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 65% for, 8% against (73% of the company cast a for/against vote).

The 59 asset managers below cast 93% of the shares they voted on this item FOR (13,148,336 for, 920,475 against).

FOR 93%
FOR: 13,148,336 (93.1%)AGAINST: 920,475 (6.5%)NOT VOTED: 54,095 (0.4%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.3,378,6520 00For
NORDEA INVESTMENT MANAGEMENT AB2,691,0990 00For
Union Investment Management GmbH2,013,2750 00For
Lindsell Train Ltd1,170,3960 00For
STOREBRAND ASSET MANAGEMENT AS1,041,7190 00For
JPMorgan0448,229 00Against
Cardano Risk Management B.V.0456,707 00Against
Ilex Capital Partners (UK) LLP392,9920 00For
Erste Asset Management GmbH334,7980 00For
CAMBIAR INVESTORS LLC262,0040 00For
Swiss Life Asset Management Ltd235,8130 00For
Troy Asset Management Ltd234,4780 00For
Empower222,6820 00For
Lincoln Financial161,8900 00For
Life Cycle Investment Partners Ltd143,4890 00For
Wilshire Advisors LLC135,6470 00For
TD Waterhouse Canada Inc.131,6260 00For
Metzler Asset Management GmbH92,5040 00For
Vinva Investment Management Ltd85,5950 00For
Ninety One UK Ltd65,7410 00For
Wesleyan Assurance Society64,0000 00For
RWC Asset Management LLP50,6210 00For
WHITENER CAPITAL MANAGEMENT, INC.48,6520 00For
NORTHERN LIGHTS FUND TRUST II31,4000 00For
CLEARWATER INVESTMENT TRUST21,3840 00For

Showing the 25 largest of 59 asset managers. See all 59 in the interactive database.

20. Advisory approval of the Company's executive compensation.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-07 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 4 wordings of this item as funds reported it.

87% Majority: yes · of votes cast

FOR 87%13%
FOR: 866,270,459AGAINST: 131,062,509

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 866,270,459 for, 131,062,509 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 63% for, 10% against (73% of the company cast a for/against vote).

The 10 asset managers below cast 58% of the shares they voted on this item FOR (214,040 for, 156,863 against).

FOR 58%AGAINST 42%
FOR: 214,040 (57.7%)AGAINST: 156,863 (42.3%)
Largest asset managers voting on “Advisory approval of the Company's executive compensation.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
PENSIOENFONDS RAIL & OV0156,863 00Against
Investment Management Corp of Ontario62,7190 00For
OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC57,4060 00For
OSSIAM36,2760 00For
Philip James Wealth Mangement, LLC21,8520 00For
GLENMEDE FUND INC17,8540 00For
FIRST UNITED BANK & TRUST11,6870 00For
NORRIS PERNE & FRENCH LLP/MI5,7010 00For
ST. NICHOLAS PRIVATE ASSET MANAGEMENT, INC4000 00For
Slow Capital, Inc.1460 00For

21. Say on Pay

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-06.

Combines 2 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 889,386,771AGAINST: 109,646,883

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 889,386,771 for, 109,646,883 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 65% for, 8% against (73% of the company cast a for/against vote).

The 6 asset managers below cast 100% of the shares they voted on this item FOR (602,507 for, 0 against).

FOR 100%
FOR: 602,507 (100.0%)
Largest asset managers voting on “Say on Pay” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Empower552,7450 00For
Ramsay, Stattman, Vela & Price, Inc.47,6890 00For
CAPITAL MANAGEMENT CORP /VA1,0990 00For
CHELSEA COUNSEL CO7500 00For
Arista Wealth Management, LLC1240 00For
ArchPoint Investors1000 00For

22. S/H Proposal - Animal Rights

EXTRAORDINARY TRANSACTIONS

Meeting held 2026-05-06.

Combines 2 wordings of this item as funds reported it.

0% fund support · no official result

AGAINST 100%

The 4 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 17,938 against).

AGAINST: 17,938 (100.0%)
Largest asset managers voting on “S/H Proposal - Animal Rights” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
HARBOUR INVESTMENT MANAGEMENT LLC09,685 00Against
Ballew Advisors, Inc06,111 00Against
McGowan Group Asset Management, Inc.01,992 00Against
ESL Trust Services, LLC0150 00Against

23. Advisory vote to approve named executive officer compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-06.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 889,386,771AGAINST: 109,646,883

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 889,386,771 for, 109,646,883 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 65% for, 8% against (73% of the company cast a for/against vote).

The 3 asset managers below cast 100% of the shares they voted on this item FOR (40,878 for, 0 against).

FOR 96%
FOR: 40,878 (95.8%)ABSTAIN: 1,809 (4.2%)
Largest asset managers voting on “Advisory vote to approve named executive officer compensation” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
NTV ASSET MANAGEMENT LLC40,8430 00For
LATHROP INVESTMENT MANAGEMENT CO00 1,8090Abstain
Cannon Financial Strategists, Inc.350 00For

24. Election of Directors (Majority Voting)

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2026-05-06.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors (Majority Voting)” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
HARBOUR INVESTMENT MANAGEMENT LLC125,9050 00For
McGowan Group Asset Management, Inc.1,9920 00For
ESL Trust Services, LLC1500 00For

25. S/H Proposal - Establish Independent Chairman

EXTRAORDINARY TRANSACTIONS

Meeting held 2026-05-06.

0% fund support · no official result

AGAINST 100%

The 3 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 11,827 against).

AGAINST: 11,827 (100.0%)
Largest asset managers voting on “S/H Proposal - Establish Independent Chairman” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
HARBOUR INVESTMENT MANAGEMENT LLC09,685 00Against
McGowan Group Asset Management, Inc.01,992 00Against
ESL Trust Services, LLC0150 00Against

26. Shareholder Proposal Regarding Separation of CEO and Chair Positions

DIRECTOR ELECTIONS

Meeting held 2026-05-06.

0.2% fund support · no official result

AGAINST 99.8%

The 3 asset managers below cast 0.2% of the shares they voted on this item FOR (743 for, 456,707 against).

FOR: 743 (0.2%)AGAINST: 456,707 (99.8%)
Largest asset managers voting on “Shareholder Proposal Regarding Separation of CEO and Chair Positions” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Cardano Risk Management B.V.0456,707 00Against
Northern Lights Fund Trust IV5990 00For
PACE SELECT ADVISORS TRUST1440 00For

27. Advisory approval of the Company's executive compensation.

SECTION 14A SAY-ON-PAY VOTES

Reported under meeting date 2026-02-26; no official results on file for that date.

0.2% fund support · no official result

AGAINST 99.8%

The 2 asset managers below cast 0.2% of the shares they voted on this item FOR (1,309 for, 908,748 against).

FOR: 1,309 (0.1%)AGAINST: 908,748 (99.9%)
Largest asset managers voting on “Advisory approval of the Company's executive compensation.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
SCHRODER INVESTMENT MANAGEMENT GROUP0908,748 00Against
Robertson Stephens Wealth Management, LLC1,3090 00For

28. COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-06.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 889,386,771AGAINST: 109,646,883

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 889,386,771 for, 109,646,883 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 65% for, 8% against (73% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (9,516 for, 0 against).

FOR 100%
FOR: 9,516 (100.0%)
Largest asset managers voting on “COMPENSATION” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Members Trust Co8,4160 00For
Capital Group1,1000 00For

29. Director Elections

DIRECTOR ELECTIONS

Meeting held 2026-05-06.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (14,527 for, 0 against).

FOR: 14,527 (100.0%)
Largest asset managers voting on “Director Elections” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Members Trust Co8,4160 00For
Ballew Advisors, Inc6,1110 00For

30. Election of Directors

DIRECTOR ELECTIONS

Meeting held 2026-05-06.

All nominees (reported as one line). These filers reported the election of directors as a single line covering every nominee. It is not attributed to any one director, and no share total is shown for it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR.

FOR: 100.0%
Largest asset managers voting on “Election of Directors” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
X-Square Balanced Fund, LLC5,2020 00For
Rockport Wealth LLC140 00For

31. To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-06.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 889,386,771AGAINST: 109,646,883

PepsiCo, Inc.’s own tally for this item (“(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”): 889,386,771 for, 109,646,883 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 1,366,768,315 outstanding shares: 65% for, 8% against (73% of the company cast a for/against vote).

The 2 asset managers below cast 100% of the shares they voted on this item FOR (7,414 for, 0 against).

FOR 96%
FOR: 7,414 (95.9%)NOT VOTED: 321 (4.1%)
Largest asset managers voting on “To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Tandem Financial, LLC3,7070 00For
Modern Wealth Management, LLC3,7070 00For

Largest PepsiCo, Inc. shareholders voting in 2025-2026

Ranked by the number of PepsiCo, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 1,366,768,315 shares outstanding at the time of that meeting.

Top PepsiCo, Inc. shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 10.46%
2BlackRock 7.38%
3Invesco 5.90%
4Charles Schwab 4.23%
5Fidelity 2.93%
6State Street 2.69%
7GEODE CAPITAL MANAGEMENT, LLC 2.50%
8Northern Trust 1.00%
9JPMorgan 0.98%
10FRANKLIN ADVISERS INC 0.64%

Reported PepsiCo, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

PepsiCo, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
The Vanguard Group 10.07% DEF14A
BlackRock, Inc. 8.18% DEF14A
State Street 4.35% 13F
JPMorgan Chase 2.55% 13F
Geode Capital 2.53% 13F
Charles Schwab 2.21% 13F
Morgan Stanley 1.83% 13F
Northern Trust 1.09% 13F
Goldman Sachs 0.94% 13F
Franklin Templeton 0.89% 13F

Percentages above are of 1,366,768,315 shares outstanding, as reported by PepsiCo, Inc. on its Form 10-Q dated 2026-04-09 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from PepsiCo, Inc.’s 10-Q dated 2026-04-09. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At PepsiCo, Inc.'s shareholder meeting held 2026-05-06, in the 2025-2026 proxy season, 1,702 asset managers reported how they voted in their SEC Form N-PX filings, covering 27,208 separate fund positions. Their filings are grouped here into 31 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory approval of the Company's executive compensation. — FOR was 89% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: PepsiCo, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

PepsiCo, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).