PepsiCo and Americana reaffirm their longstanding and trusted business partnership by signing an extended 6-year agreement

The continued agreement reinforces Americana and PepsiCo’s joint commitment to providing unconventional and innovative F&B experiences to consumers across the region Dubai – PepsiCo, the global food and beverage company has announced the renewal of its 25-year partnership with Americana Group, one of MENA’s largest restaurant operators and food manufacturers. The renewal will see PepsiCo continuing its diverse and much-loved product offering to consumers across the region through Americana’s most loved restaurant brands. As the food and beverage landscape in the region continues to evolve, consumers are turning to more experiential offerings, discovering new tastes and increasingly demanding newer products, while still looking for convenient packaging and product delivery from brands they know and love. In parallel, the rise of e-commerce platforms and digital transformation is shaping the future of customer experience, with customers being exposed to a wide array of brand product offerings online. Americana and PepsiCo both pride themselves on remaining relevant to their consumers amidst rapidly changing preferences, habits and patterns and continuously strive to deliver on their customer promise. The partnership means that consumers will continue to have access to the entirety of PepsiCo’s beverage portfolio at their favorite Americana restaurants including KFC, Hardee’s, Pizza Hut, TGI Fridays and Krispy Kreme amongst others, across the MENA and Kazakhstan. Armed with an in-depth understanding of consumers’ desires and harnessing decades of experience, PepsiCo and Americana will jointly capture the growth of this digital transformation by delivering innovative and elevated food and beverages experiences through dedicated menus, promotions, and partnerships with delivery aggregators. “The PepsiCo and Americana partnership is a great deal for both our companies and our consumers. Consumer habits, along with food and beverage preferences, are shifting rapidly across the Middle East. Consumers are increasingly turning to “always on” mobile and online solutions, and our partnership will leverage technology to provide personalized and interactive experiences to diners. Our renewed partnership with Americana will bring more smiles to our consumers with every sip and bite by delivering superior food and beverages experiences.” said Eugene Willemsen, CEO, PepsiCo Africa, Middle East and South Asia. With more consumers turning to experiences over products, the partnership is another step in the journey to enhance F&B offerings, ultimately creating more unique tastes and flavors suited to the Middle East’s young and vibrant demographic. More importantly, in an era of aggressive technological revolution, digitally enabled stores complete with self-service kiosks, tablets, digital menu boards and futuristic technologies meet consumers’ desires for greater convenience and deeper interaction. “Americana, a market leader in the restaurant industry, operates close to 2,000 outlets in 13 countries across the Middle East, Africa and Kazakhstan, capturing a wide array of customer segments across generations and delighting customers with memorable experiences. The partnership exemplifies our pledge to reinvent our offerings to deepen our customer connect and engagement, whilst remaining at the forefront of changing customer behaviors. Americana’s deep industry know-how and expertise in managing scale and complexity coupled with PepsiCo’s global reach, positions this partnership as a strategic pillar in continuing to touch customer’s hearts and winning their trust and loyalty through consistently delivering differentiated offerings,” said Kesri Kapur, Group CEO of Americana. -Ends- About PepsiCo PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. "Winning with Purpose" reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com About Americana Group Americana Group was founded in 1964 in Kuwait. It employs more than 60,000 employees across its two divisions. Americana Restaurants Division operates close to 2,000restaurants of some of the world’s most popular brands. Americana Food Division has a wide foot-print, with 25 manufacturing sites and products distributed to more than 20 countries. Americana is one of the largest food companies in the Middle East & North Africa (MENA), with capabilities spanning manufacturing, distribution, marketing and restaurant operations. © Press Release 2020 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. 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PepsiCo and Americana reaffirm their longstanding and trusted business partnership by signing an extended 6-year agreement

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