PepsiCo Thailand Commits 18,000,000 Baht to Supporting COVID-19 Relief Efforts in Thailand

BANGKOK,June 2,2020 -- PepsiCo Thailand,Suntory PepsiCo Beverages Thailand,and The PepsiCo Foundation have partnered with Raks Thai Foundation to reach the most vulnerable communities nationwide. The project "Give for Hope"consists of the following activities:

Give Meals Give Hope,this project will operate for 3 months to distribute over 1 million meals to support vulnerable communities adversely impacted by the COVID-19 outbreak. PepsiCo's longstanding bottling partner,has joined this effort to support the nation.

Give Care to Farmers,to provide COVID-19 insuranceand health protective itemsto more than 3,900 farmers and their family members.

Give Care to Healthcare,which donates medical machine for hospital to support their COVID-19 relief efforts and donate funds to support essential medical equipment.

Providing 3,920 COVID-19 insurance policies to the PepsiCo’s Sustainable Farming Program farmers

Donation of the 650,000-baht worth ventilator to Thammasat University Hospital,Thailand

Donation of the 650,000-baht worth ventilator to Maharaj Nakorn Chiang Mai Hospital,Thailand

Ms. Wei Wei Yao,PepsiCo Senior Vice President & General Manager,Asia Business Unit,said,"Globally PepsiCo and the PepsiCo Foundation are committing more than US$45 million to help people and communities most affected by this devastating virus. In addition to funding vital support including protective gear for healthcare workers,testing and screening services,we are in the process of distributing more than 50 million nutritious meals to at-risk populations under the "Give Meals Give Hope" initiative."She further added that,"PepsiCo has been operating in Thailand for more than half a century,during this challenging time with major disruption and high uncertainty,PepsiCo is committed to support the most vulnerable in communities and we will stand together with people in Thailand in fight against COVID-19."

Ms. Wei Wei Yao,SVP & GM,Asia BU and China Beverages BU of Pepsi Cola (Thai) Trading Co.,Ltd.

Mr. Sudipto Mozumdar,General Manager at Pepsi-Cola (Thai) Trading Co.,Ltd.,"Like the rest of the world,PepsiCo Thailand is committed to supporting the nation in its fight against COVID-19 by providing over 1,000,000 nutritious meals and dried food bagsto benefit approximately 80,000people nationwide. Farmers are an important group of people that our company cares deeply about and will not leave behind. Through our partnership with Raks Thai,we will provide COVID-19 insurance for 12 months to help protect their health. In addition,PepsiCo is providing ventilators and financial assistance for essential medical equipment in support of frontline healthcare workers."

Mr. Sudipto Mozumdar,General Manager,COSO Foods Thailand & Vietnam of Pepsi Cola (Thai) Trading Co.,Ltd.

Mr. Omer Malik,Chief Executive Officer at Suntory PepsiCo Beverage Thailand,"COVID-19 is much more than a health crisis. It is causing a huge impact on people's lives,families and communities. Suntory PepsiCo Beverage Thailand has contributed THB 6 million to the program. We will be focusing on providing meals and relief bags to those impacted by the Covid-19. We will also provide essential personal protective equipment to hospitals in support of our medical professionals,who are working tirelessly during this challenging time."

Mr. Omer Malik,Chief Executive Officee of Suntory PepsiCo Beverage Thailand Co.,Ltd.

For more information aboutPepsiCo's COVID-19 relief efforts,visithttps://pepsi.co/3431Gzh

[1]Bank of Thailand exchange rate on April 14,2020 is 32.738 Baht/US Dollar

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019,driven by a complementary food and beverage portfolio that includes Frito-Lay,Gatorade,Pepsi-Cola,Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages,including 23 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to winsustainably in the marketplace and embed purpose into all aspects of the business. For more information,visit www.pepsico.com.

About The PepsiCo Foundation

Established in 1962,The PepsiCo Foundation,the philanthropic arm of PepsiCo,invests in the essential elements of a sustainable food system with a mission to support thriving communities. Working with non-profits and experts around the globe,we're focused on helping alleviate hunger,managing water and waste responsibly and supporting women as champions of nutrition from farm to family. We strive for tangible impact in the places where we live and work - collaborating with industry peers,local and international organizations,and our employees to affect large-scale change on the issues that matter to us and are of global importance. Learn more at www.pepsico.com/sustainability/philanthropy.

About Raks Thai Foundation

Raks Thai Foundation (A Member of CARE International) is a non-profit develop organization that is been operating in Thailand for over 30 years (including its years as CARE Thailand). Social development programs are in the areas of environment & natural resources management,livelihoods,Children & education (included stop bully in schools and social media),health and HIV prevention/care,women economic empowerment,and emergency preparedness and response.Raks Thai implements programs directly in over 40 provinces in Thailand through its 23 program offices with 277 staff across the country. Our vision is "A Society where people enjoy quality of life,rights and equality. Where people determine their own destinies and development is sustainable." The Chairperson is Prof Dr Krasae Chanawongse,the Executive Director is Promboon Panitchpak.

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