Letter From CEO Worldwide Code of Conduct PBG

Worldwide Code of Conduct

The Pepsi Bottling Group has always had a strong commitment to customer service, product quality, employee development, and shareholder value – and we deliver, thanks to the effort and dedication you put forth day in and day out. Key to our performance in these areas is an equally strong commitment to doing business ethically and with integrity. PBG’s reputation and continued success depend largely on our support – yours and mine – to this commitment. No success is meaningful if it’s not achieved the right way.

Doing things the right way, ethically, with integrity, and in full compliance with the law, is not just a policy at PBG, it’s ingrained in our culture. PBG’s Worldwide Code of Conduct, which has been adopted by our Board of Directors, is the cornerstone of our culture and explains the principles that define our Company. Read the Code thoughtfully and reflect on its meaning. When you sign it, renew your personal commitment to practice and promote it every day. No excuses.

If you have questions about the Code – or if you have concerns about possible ethical violations in the workplace – I urge you to talk immediately with your supervisor or your Human Resources Manager. At any time, you can also call the PBG Business Ethics Line or write to PBG’s Office of Compliance. Contact information for your country is listed in the Code. All communications will be treated confidentially and without retaliation.

Every PBG employee, director, and officer, regardless of location or position in the Company, has an obligation to read this Code, understand it, and follow it every day, without exception. Everyone who works at or with PBG should feel confident about our high ethical standards, our honesty, and our integrity. That starts and ends with each of us. The Worldwide Code of Conduct is a living document. The example you set each day brings it to life.

Eric J. Foss signature

Eric J. Foss
President & Chief Executive Officer

Eric J. Foss

Eric J. Foss

President & Chief Executive Officer