PepsiCo, Inc. Depositary Receipt

PepsiCo, Inc. Depositary Receipt represents an indirect ownership interest in shares of PepsiCo, Inc., one of the world's leading multinational food and beverage corporations. As a depositary receipt, this financial instrument is designed to facilitate investment in PepsiCo by providing access to its shares for investors outside the company's home country. Depositary receipts are issued by a qualified financial institution, which holds the underlying shares and issues the receipt as evidence of ownership. This structure allows for easier trading, settlement, and currency conversion on local markets, while giving investors exposure to the economic performance of PepsiCo. The company itself operates globally, manufacturing, marketing, and distributing a diverse portfolio of grain-based snacks, beverages, and other food products. PepsiCo’s depositary receipts play a key role in enabling cross-border investment and portfolio diversification, making shares of major U.S. companies accessible to international investors in a familiar and efficient format.