On March 22, 2024, PepsiCo Inc announced that it has received a shareholder proposal from The Sisters of the Sorrowful Mother International Finance, Inc requesting that the Board of Directors issue a third-party assessment by November 1, 2024, at reasonable expense and excluding proprietary information, on PepsiCo?s efforts to assess and mitigate potential health harms associated with the use of non-sugar sweeteners (?NSS?). In addition, the Company urged the shareholders to vote against the shareholder proposal at its annual general meeting of shareholders scheduled to be held on May 1, 2024.