GOVERNANCE / Indra K. Nooyi

Indra K. Nooyi

Chairperson and CEO, PepsiCo

Indra Nooyi is Chairman and Chief Executive Officer of PepsiCo. In its global food and
beverage portfolio, PepsiCo has 22 brands that generate more than $1 billion each in annual
retail sales. PepsiCo’s main businesses include Quaker, Tropicana, Gatorade, Frito-Lay and
Pepsi-Cola. With more than $66 billion in annual net revenue, PepsiCo makes hundreds of
enjoyable foods and beverages that are loved throughout the world.

Mrs. Nooyi is the chief architect of Performance with Purpose, PepsiCo’s promise to do
what’s right for the business by doing what’s right for people and the planet. It’s the
company’s commitment to sustained growth with a focus on Performance, Human,
Environmental and Talent Sustainability. In keeping with this commitment, PepsiCo is proud
to be listed on the Dow Jones Sustainability North America Index and Dow Jones Sustainability
World Index.

Mrs. Nooyi was named President and CEO on October 1, 2006 and assumed the role of
Chairman on May 2, 2007. She has directed the company’s global strategy for more than a
decade and led its restructuring, including the divestiture of its restaurants into the successful
YUM! Brands, Inc., the acquisition of Tropicana and the merger with Quaker Oats that
brought the vital Quaker and Gatorade businesses to PepsiCo, the merger with PepsiCo’s
anchor bottlers, and the acquisition of Wimm-Bill-Dann, the largest international acquisition
in PepsiCo’s history.

Prior to becoming CEO, Mrs. Nooyi served as President and Chief Financial Officer
beginning in 2001, when she was also named to PepsiCo’s Board of Directors. In this
position, she was responsible for PepsiCo’s corporate functions, including finance, strategy,
business process optimization, corporate platforms and innovation, procurement, investor
relations and information technology. Between February 2000 and April 2001, Mrs. Nooyi
was Senior Vice President and Chief Financial Officer of PepsiCo. Mrs. Nooyi also served as
PepsiCo’s Senior Vice President, Corporate Strategy and Development from 1996 until
2000, and as PepsiCo’s Senior Vice President, Strategic Planning from 1994 until 1996.
Before joining PepsiCo in 1994, Mrs. Nooyi spent four years as Senior Vice President of
Strategy and Strategic Marketing for Asea Brown Boveri, a Zurich-based industrials
company. She was part of the top management team responsible for the company’s U.S.
business as well as its worldwide industrial businesses, representing about $10 billion of
ABB’s $30 billion in global sales.

Between 1986 and 1990, Mrs. Nooyi worked for Motorola, where she was Vice President
and Director of Corporate Strategy and Planning, having joined the company as the
business development executive for its automotive and industrial electronic group. Prior to
Motorola, she spent six years directing international corporate strategy projects at The
Boston Consulting Group. Her clients ranged from textiles and consumer goods companies
to retailers and specialty chemicals producers. Mrs. Nooyi began her career in India, where
she held product manager positions at Johnson & Johnson and at Mettur Beardsell, Ltd., a
textile firm.

In addition to being a member of the PepsiCo Board of Directors, Mrs. Nooyi serves as a
member of the boards of U.S.-China Business Council, U.S.-India Business Council, The
Consumer Goods Forum, Catalyst, Lincoln Center for the Performing Arts and Tsinghua
University. She is also a member of the Foundation Board of the World Economic Forum, the
American Academy of Arts & Sciences and was appointed to the U.S.-India CEO Forum by
the Obama Administration.

She holds a B.S. from Madras Christian College, an M.B.A. from the Indian Institute of
Management in Calcutta and a Master of Public and Private Management from Yale University.