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PepsiCo logoPepsiCo PEP

The company said it elected 15 directors at its May 7, 2025 annual shareholders meeting. Votes for each nominee ranged from 919,746,560 for Ramon L. Laguarta to 998,937,777 for Edith W. Cooper, and broker non-votes were 175,136,261.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it elected 15 directors at its May 7, 2025 annual shareholders meeting. Votes for each nominee ranged from 919,746,560 for Ramon L. Laguarta to 998,937,777 for Edith W. Cooper, and broker non-votes were 175,136,261.

  2. PepsiCo said shareholders approved KPMG LLP as its independent registered public accounting firm for fiscal 2025. Votes were 1,093,424,839 for, 85,680,360 against and 2,615,449 abstaining.

  3. The company said shareholders approved its executive compensation on an advisory basis. Votes were 866,270,459 for, 131,062,509 against, 9,251,419 abstaining and 175,136,261 broker non-votes.

  4. The company said shareholders voted against 4 shareholder proposals on a third-party assessment of non-sugar sweetener risks, a third-party racial equity audit, a report on risks related to biodiversity and nature loss, and sustainable packaging policies for plastics. Votes against were 875,831,227, 811,996,840, 815,059,599 and 835,765,524, respectively.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Elects 15 Directors

The company said it elected 15 directors at its May 7, 2025 annual shareholders meeting. Votes for each nominee ranged from 919,746,560 for Ramon L. Laguarta to 998,937,777 for Edith W. Cooper, and broker non-votes were 175,136,261.

Source · Based on the filing body and exhibits

Approves KPMG LLP as Auditor

PepsiCo said shareholders approved KPMG LLP as its independent registered public accounting firm for fiscal 2025. Votes were 1,093,424,839 for, 85,680,360 against and 2,615,449 abstaining.

Source · Based on the filing body and exhibits

Advisory Vote Approves Executive Compensation

The company said shareholders approved its executive compensation on an advisory basis. Votes were 866,270,459 for, 131,062,509 against, 9,251,419 abstaining and 175,136,261 broker non-votes.

Source · Based on the filing body and exhibits

4 Shareholder Proposals Rejected

The company said shareholders voted against 4 shareholder proposals on a third-party assessment of non-sugar sweetener risks, a third-party racial equity audit, a report on risks related to biodiversity and nature loss, and sustainable packaging policies for plastics. Votes against were 875,831,227, 811,996,840, 815,059,599 and 835,765,524, respectively.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.