Quaker continually reviews our employee benefits package to ensure that our benefits provide you with great value. Our merger with PepsiCo creates an era of opportunity and future growth for both companies and for you as an individual. By combining Quaker’s benefits with PepsiCo’s programs, we achieve greater scale, allowing us to provide you with improved flexibility and more choice.

The freedom to select the benefits choices that meet your financial and healthcare needs is what makes the Quaker benefits package so attractive. Quaker empowers employees to select benefit choices when they are first eligible as new hires and during annual enrollment each fall. In addition, each year, Quaker allocates QuakerFlex credits to eligible employees, which they can use toward the cost of their benefits elections.

We all know that when we feel valued in the workplace, we are more committed to doing our very best. That’s why at Quaker we work hard to structure a benefits program that is highly competitive in the food and beverage industry.

Where you are on life’s journey determines the type and level of benefits coverage you need. The QuakerFlex benefits package is a diverse, well-rounded program that meets your individual needs. Whether you are thinking about starting a family or already caring for one, seeking support for education, or just need some time off, the QuakerFlex program is expansive enough to meet your diverse lifestyle. In addition to our core health and welfare plans and our savings/retirement plans, Quaker offers a range of other helpful benefits.

Quaker Adoption Assistance Quaker Education Assistance Quaker Student Loan Program Work/Life Balance Program Matching Gift Program	Employee Assistance Program Vacation Buy; Leaves of Absence and Holiday Policies Everyday Appropriate Dress Free oatmeal and grits in the morning! (some locations) Scholarship Awards Program

At Quaker, we work with employees to develop benefits that meet their individual needs.

Provide quality programs and flexible options Keep benefits costs at a competitive level Pay a portion of most benefits; 100% of your pension and SharePower Stock Option Grants Offer a range of benefits resources and easily accessible information Help you identify ways to create personal wealth Offer a toll-free customer service center to answer your benefits questions

Enroll in the PepsiCo 401(k) Plan and PepsiCo Stock Purchase Program to grow your personal wealth Increase the value of your SharePower options by contributing to Quaker’s success Provide eligible dependent and beneficiary information when you’re hired and when there is a change Review your benefits materials carefully Make informed benefits decisions Enroll in a timely manner Share in the cost of your benefits

QuakerFlex benefits are easy to use. We think it’s similar to going back to school. In the fall, you receive your benefits choices and their prices so you can shop for what you need in the year ahead. Quaker gives you "money" in the form of Flex credits at the time of the enrollment process to buy your medical, dental and other healthcare benefits.

No waiting period - most coverage starts on your first day of employment after you enroll
Flexible options - you can choose the benefits that suit your needs
If your total benefit price is more than the Flex credits you’ve received, you pay the difference through payroll deductions
If your total benefit price is less than your allocated credits, you keep the difference
Many benefits can be paid with pre-tax dollars, which saves you more money in 2003
You can change benefits elections once a year during the enrollment period

Quaker provides an expansive range of healthcare, savings/retirement, and other unique benefits for full-time and part-time, salaried employees of Quaker employed in the United States. You can choose or "purchase" these benefits with your QuakerFlex credits and, if necessary, your own contributions. Many plans are offered automatically at no cost to you.

This information is intended as a brief summary of the Company’s benefit plans. Your eligibility and level of benefits under each plan shall be determined by the official plan documents. In the event of a conflict between this information and the official plan documents, the official documents shall govern. The Company reserves the right to amend, modify or terminate each benefit plan at any time.

Quaker, a unit of PepsiCo Beverages & Foods, is an Equal Opportunity Employer.