Exhibit 22

Subsidiary Issuer of Guaranteed Securities

As of March 23, 2024, PepsiCo, Inc. fully and unconditionally guaranteed on a senior unsecured basis the following unsecured registered notes issued by PepsiCo Singapore Financing I Pte. Ltd., PepsiCo Inc.’s wholly-owned consolidated finance subsidiary incorporated as a private company limited by shares in the Republic of Singapore:

1.Floating Rate Notes due 2027

2.4.650% Senior Notes due 2027

3.4.550% Senior Notes due 2029

4.4.700% Senior Notes due 2034