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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, filed May 8, 2026 (Item 5.07 on EDGAR). Page generated October 13, 2026.

  • 18Ballot items
  • 1,671Asset managers
  • 26,996Fund votes
  • May 6, 2026Meeting date

Results at a glance

Meeting of May 6, 2026: 18 items on PepsiCo, Inc.’s Form 8-K, filed May 8, 2026: 13 elected · 2 approved · 3 not approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided · This season’s results screens

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, filed May 8, 2026 (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 May 6, 2026
Ballot itemForAgainst AbstainWithheldBroker non-votesSupport (of votes cast)Reported outcomeVoting standard
Elect Director: Jennifer Bailey 985,427,40615,993,4802,032,468 --168,077,892 98%Elected—
Elect Director: Cesar Conde 950,713,17050,520,6062,219,578 --168,077,892 95%Elected—
Elect Director: Ian Cook 966,847,04834,407,4772,198,829 --168,077,892 97%Elected—
Elect Director: Edith W. Cooper 978,844,36922,559,5812,049,404 --168,077,892 98%Elected—
Elect Director: Susan M. Diamond 978,952,45322,246,7042,254,197 --168,077,892 98%Elected—
Elect Director: Dina Dublon 925,174,90476,178,0472,100,403 --168,077,892 92%Elected—
Elect Director: Michelle Gass 988,042,23612,696,1552,714,963 --168,077,892 99%Elected—
Elect Director: David W. Gibbs 987,649,36713,634,0072,169,980 --168,077,892 99%Elected—
Elect Director: Ramon L. Laguarta 947,731,77249,828,7335,892,849 --168,077,892 95%Elected—
Elect Director: Sir Dave J. Lewis 993,210,4858,024,1332,218,736 --168,077,892 99.1%Elected—
Elect Director: Robert C. Pohlad 914,405,63286,817,5652,230,157 --168,077,892 91%Elected—
Elect Director: Daniel Vasella, MD 918,117,23883,114,9342,221,182 --168,077,892 92%Elected—
Elect Director: Alberto Weisser 964,298,72636,895,4582,259,170 --168,077,892 96%Elected—
2. 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 ---- 93%Approved—
3. PepsiCo's executive compensation 889,386,771109,646,8834,419,700 --168,077,892 89%Approved—
Proposal 4: The shareholders voted against a shareholder proposal regarding an independent board chair: 255,870,502735,873,52811,709,324 --168,077,892 26%Not approved—
Proposal 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 17%Not approved—
Proposal 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 9%Not approved—

Source: PepsiCo, Inc., Form 8-K, filed with the SEC on May 8, 2026 — read the filing on EDGAR.

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

Each item below shows how the 1,671 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.

1. Elect Director: Jennifer Bailey

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Jennifer Bailey

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,474,439 for, 1,836 against, 74,165 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,474,439AGAINST: 1,836ABSTAIN: 74,165UNKNOWN: 2,905NOT VOTED: 1,040
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.

2. Elect Director: Cesar Conde

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Cesar Conde

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 367,501,258 for, 12,975,015 against, 74,167 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 367,501,258AGAINST: 12,975,015ABSTAIN: 74,167UNKNOWN: 2,905NOT VOTED: 1,040
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 00Mixed
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.

3. Elect Director: Ian Cook

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Ian Cook

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,280,498 for, 195,775 against, 74,166 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,280,498AGAINST: 195,775ABSTAIN: 74,166UNKNOWN: 2,905NOT VOTED: 1,040
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.

4. Elect Director: Edith W. Cooper

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Edith W. Cooper

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,474,392 for, 1,880 against, 74,165 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,474,392AGAINST: 1,880ABSTAIN: 74,165UNKNOWN: 2,905NOT VOTED: 1,040
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.

5. Elect Director: Susan M. Diamond

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Susan M. Diamond

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,426,896 for, 1,876 against, 74,168 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,426,896AGAINST: 1,876ABSTAIN: 74,168UNKNOWN: 2,905NOT VOTED: 1,040
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.

6. Elect Director: Dina Dublon

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 925,174,904AGAINST: 76,178,047
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Dina Dublon

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 367,822,422 for, 12,606,352 against, 74,165 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 367,822,422AGAINST: 12,606,352ABSTAIN: 74,165UNKNOWN: 2,905NOT VOTED: 1,040
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 00Mixed
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. Elect Director: David W. Gibbs

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: David W. Gibbs

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,426,955 for, 1,820 against, 74,166 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,426,955AGAINST: 1,820ABSTAIN: 74,166UNKNOWN: 2,905NOT VOTED: 1,040
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.

8. Elect Director: Ramon L. Laguarta

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Ramon L. Laguarta

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,017,233 for, 411,517 against, 74,190 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,017,233AGAINST: 411,517ABSTAIN: 74,190UNKNOWN: 2,905NOT VOTED: 1,040
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.

9. Elect Director: Sir Dave J. Lewis

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Dave J. Lewis

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 99.1% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,426,991 for, 1,782 against, 74,167 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,426,991AGAINST: 1,782ABSTAIN: 74,167UNKNOWN: 2,905NOT VOTED: 1,040
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.

10. Elect Director: Robert C. Pohlad

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 7 wordings of this item as funds reported it.

91% Majority: yes · of votes cast

FOR 91%
FOR: 914,405,632AGAINST: 86,817,565
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Robert C. Pohlad

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 91% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 364,163,880 for, 16,264,896 against, 74,167 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 364,163,880AGAINST: 16,264,896ABSTAIN: 74,167UNKNOWN: 2,905NOT VOTED: 1,040
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 00Mixed
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. Elect Director: Daniel Vasella, MD

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 8 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%
FOR: 918,117,238AGAINST: 83,114,934
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Daniel Vasella

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 367,604,206 for, 12,824,569 against, 74,167 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 367,604,206AGAINST: 12,824,569ABSTAIN: 74,167UNKNOWN: 2,905NOT VOTED: 1,040
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 00Mixed
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. Elect Director: Alberto Weisser

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 263 asset managers

Description as filed by funds: Election of Directors: Alberto Weisser

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 263 asset managers below reported 380,195,058 for, 233,715 against, 74,168 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,195,058AGAINST: 233,715ABSTAIN: 74,168UNKNOWN: 2,905NOT VOTED: 1,040
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.

13. Elect Director: Michelle Gass

Official resultDIRECTOR ELECTIONSReported outcome: Elected

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
Details: description as filed, official tally, votes by 262 asset managers

Description as filed by funds: Election of Directors: Michelle Gass

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 filed May 8, 2026 (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.

Reported outcome: Elected, in the filing’s own words: “(1) The following 13 persons were elected to serve as directors of PepsiCo:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 262 asset managers below reported 380,413,086 for, 10,435 against, 74,170 abstained, 1,040 not voted, 2,905 unknown.

FOR
FOR: 380,413,086AGAINST: 10,435ABSTAIN: 74,170UNKNOWN: 2,905NOT VOTED: 1,040
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.

14. 3. PepsiCo's executive compensation

Official resultFund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 34 wordings of this item as funds reported it.

89% Approved · of votes cast

FOR 89%
FOR: 889,386,771AGAINST: 109,646,883
Details: description as filed, official tally, votes by 1,608 asset managers

Description as filed by funds: Advisory approval of the Company's executive compensation.

PepsiCo, Inc.’s own tally for this item (“3. PepsiCo's executive compensation”): 889,386,771 for, 109,646,883 against — passed, per its Form 8-K filed May 8, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “(3) The shareholders approved, on an advisory basis, PepsiCo's executive compensation:”
Support: 89% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of PepsiCo, Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (59 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “Say on Pay” (6 managers, 602,507 for); “Advisory vote to approve named executive officer compensation” (3 managers, 40,878 for, 1,809 abstained); “COMPENSATION” (2 managers, 9,516 for); “To Approve, By An Advisory Vote, The Compensation Of The Company's Named Executives” (2 managers, 7,414 for, 321 not voted).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 245 asset managers voting on “Advisory approval of the Company's executive compensation.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard128,656,267682 260For
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 00Mixed
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

Fund voting reports, all 245 managers: 366,354,545 for, 13,187,825 against, 97,465 abstained, 1,043 not voted. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 1,399 asset managers voting on “Advisory approval of the Company's executive compensation.” at PepsiCo, Inc., 2025-2026
Asset managerForAgainst AbstainWithheldVote
BlackRock56,853,3599,158 00For
Invesco42,665,8830 00For
GEODE CAPITAL MANAGEMENT, LLC34,157,0170 00For
Charles Schwab29,010,9070 00For
State Street23,299,533351,526 00For
Vanguard14,251,3450 00For
Northern Trust13,003,842107,987 00For
FRANKLIN ADVISERS INC8,793,9030 00For
MASSACHUSETTS FINANCIAL SERVICES CO /MA/8,752,4760 00For
Amundi08,446,882 00Against
Goldman Sachs7,363,9110 00For
BANK OF AMERICA NA7,333,3170 00For
WELLS FARGO CLEARING SERVICES, LLC7,275,8880 00For
Fisher Asset Management, LLC7,250,7800 00For
MELLON INVESTMENTS Corp7,082,4960 00For
Nuveen6,201,9220 00For
UBS6,075,9740 00For
T. Rowe Price5,856,8350 00For
PARAMETRIC PORTFOLIO ASSOCIATES LLC5,613,7910 00For
Legal & General Investment Management Ltd166,1545,171,839 00Against
Fidelity5,220,3610 00For
Capital Research Global Investors4,967,8500 00For
FLOSSBACH VON STORCH SE4,413,6260 00For
STIFEL NICOLAUS & CO INC \MO\4,200,0750 00For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO4,160,4410 00For

Institutional-manager reports, all 1,399 managers: 518,235,988 for, 37,508,796 against, 29,869 abstained, 252,971 not voted, 62,112 mixed, 4,756 unknown. Showing the 25 largest; see all in the interactive database.

15. 2. The appointment of KPMG LLP as the independent registered public accounting firm for PepsiCo for fiscal year 2026

Official resultAUDIT-RELATEDReported outcome: Approved

Combines 12 wordings of this item as funds reported it.

93% Approved · of votes cast

FOR 93%
FOR: 1,082,112,778AGAINST: 86,960,465
Details: description as filed, official tally, votes by 268 asset managers

Description as filed by funds: Ratification of appointment of KPMG LLP as our independent registered public accounting firm for fiscal year 2025.

PepsiCo, Inc.’s own tally for this item (“2. 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 — passed, per its Form 8-K filed May 8, 2026 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “(2) The shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for PepsiCo for fiscal year 2026:”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 268 asset managers below reported 377,910,884 for, 2,530,940 against, 72,772 abstained, 1,040 not voted.

FOR
FOR: 377,910,884AGAINST: 2,530,940ABSTAIN: 72,772NOT VOTED: 1,040
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.

16. Proposal 5: The shareholders voted against a shareholder proposal regarding a report on human rights oversight:

Official resultHUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCEReported outcome: Not approved

Combines 9 wordings of this item as funds reported it.

17% Not approved · of votes cast

FOR 17%AGAINST
FOR: 163,426,130AGAINST: 825,383,050
Details: description as filed, official tally, votes by 268 asset managers

Description as filed by funds: Shareholder Proposal - Report on Human Rights Oversight.

PepsiCo, Inc.’s own tally for this item (“Proposal 5: The shareholders voted against a shareholder proposal regarding a report on human rights oversight:”): 163,426,130 for, 825,383,050 against — failed, per its Form 8-K filed May 8, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “(5) The shareholders voted against a shareholder proposal regarding a report on human rights oversight:”
Support: 17% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 268 asset managers below reported 4,360,819 for, 375,145,330 against, 982,643 abstained, 1,040 not voted, 31,594 unknown.

AGAINST
FOR: 4,360,819AGAINST: 375,145,330ABSTAIN: 982,643UNKNOWN: 31,594NOT VOTED: 1,040
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.

17. Proposal 4: The shareholders voted against a shareholder proposal regarding an independent board chair:

Official resultCORPORATE GOVERNANCEReported outcome: Not approved

Combines 7 wordings of this item as funds reported it.

26% Not approved · of votes cast

FOR 26%AGAINST
FOR: 255,870,502AGAINST: 735,873,528
Details: description as filed, official tally, votes by 265 asset managers

Description as filed by funds: Shareholder Proposal - Independent Board Chair.

PepsiCo, Inc.’s own tally for this item (“Proposal 4: The shareholders voted against a shareholder proposal regarding an independent board chair:”): 255,870,502 for, 735,873,528 against — failed, per its Form 8-K filed May 8, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “(4) The shareholders voted against a shareholder proposal regarding an independent board chair:”
Support: 26% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 265 asset managers below reported 41,426,424 for, 338,424,451 against, 171,106 abstained, 1,040 not voted, 34,499 unknown.

AGAINST
FOR: 41,426,424AGAINST: 338,424,451ABSTAIN: 171,106UNKNOWN: 34,499NOT VOTED: 1,040
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 00Mixed
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.

18. Proposal 6: The shareholders voted against a shareholder proposal regarding a report evaluating the treatment of…

Official resultDIVERSITY, EQUITY, AND INCLUSIONReported outcome: Not approved

Combines 8 wordings of this item as funds reported it.

9% Not approved · of votes cast

9%AGAINST
FOR: 87,251,346AGAINST: 899,535,564
Details: description as filed, official tally, votes by 265 asset managers

Description as filed by funds: Shareholder Proposal - Report Evaluating the Treatment of Animals within Supply Chain.

PepsiCo, Inc.’s own tally for this item (“Proposal 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 — failed, per its Form 8-K filed May 8, 2026 (Item 5.07).

Reported outcome: Not approved, in the filing’s own words: “(6) The shareholders voted against a shareholder proposal regarding a report evaluating the treatment of animals within supply chain:”
Support: 9% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 265 asset managers below reported 2,458,691 for, 377,035,619 against, 982,657 abstained, 1,040 not voted, 31,594 unknown.

AGAINST
FOR: 2,458,691AGAINST: 377,035,619ABSTAIN: 982,657UNKNOWN: 31,594NOT VOTED: 1,040
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.

Not shown here: this season’s fund filings also report 1 item from the meeting of May 7, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.

Largest PepsiCo, Inc. shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 1,366,768,315 shares outstanding at the time of that meeting.

Fund voting reports: top PepsiCo, Inc. shareholders by shares voted on “Advisory approval of the Company's executive compensation.”, 2025-2026
#Asset manager % of shares outstanding
1Vanguard 9.41%
2BlackRock 3.22%
3Invesco 2.78%
4Fidelity 2.54%
5Charles Schwab 2.10%
6State Street 0.96%
7JPMorgan 0.87%
8TIAA 0.39%
9Franklin Custodian Funds 0.37%
10MFS 0.36%
Institutional-manager reports: top PepsiCo, Inc. shareholders by shares voted on “Advisory approval of the Company's executive compensation.”, 2025-2026
#Asset manager % of shares outstanding
1BlackRock 4.16%
2Invesco 3.12%
3GEODE CAPITAL MANAGEMENT, LLC 2.50%
4Charles Schwab 2.12%
5State Street 1.73%
6Vanguard 1.04%
7Northern Trust 0.96%
8FRANKLIN ADVISERS INC 0.64%
9MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.64%
10Amundi 0.62%

Reported PepsiCo, Inc. holdings and ownership

As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.

PepsiCo, Inc. holdings and ownership disclosed 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 April 9, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 April 9, 2026. This page is a static snapshot rebuilt weekly on October 13, 2026; a live search always shows the current data.

At PepsiCo, Inc.'s shareholder meeting held May 6, 2026, in the 2025-2026 proxy season, 1,671 asset managers reported how they voted on 18 ballot items in their SEC Form N-PX filings, covering 26,996 separate fund positions. On the most widely held item on that ballot — Advisory approval of the Company's executive compensation. — PepsiCo, Inc.'s filing reports the proposal as approved, with 89% support 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). Source: PepsiCo, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 8, 2026.

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

Download data (CSV): ballot items · votes by manager · column guide.