Making the move to

Transition Guide

In January 2019 Manulife will be the new administrator for the PepsiCo Retirement Savings Program

Click on the tabs to learn more Steps Retirement Program® (Steps) This interactive, online planning tool will help you set a Welcome to Manulife retirement income goal, create a plan to achieve it, and track your progress. Steps will use Get ready for great services the information you provide to calculate an estimate of your First of all, you should know that the structure of the program isn’t annual retirement income. changing, you’ll still have access to the same account types and how much you contribute won’t change. You can expect to see lower management fees on the funds available to you to invest in.

With the move to Manulife, you’ll get to focus on what’s really important to you, your financial well-being. You’ll also enjoy awesome tools that will help you get one step closer to reaching your financial goals.

Manulife delivers reliable, trustworthy and forward-thinking solutions for Financial Wellness your most significant financial decisions. With innovative services Assessment and support you can easily manage your savings to help plan After answering a few simple for the future. questions, this online resource will give you a personalized action plan to help you tackle your financial priorities, reduce your stress and Manulife Mobile take control of your finances. Download the Manulife Mobile app to access your retirement savings account, as well as a variety of planning tools and calculators - from anywhere. Transition details

During the week of January 7, 2019 yy Your Registered Pension Plan (RPP), Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA) and/or Non-Registered Savings Account (NRSP) at Sun Life will transfer to accounts created for you at Manulife. yy Your at Sun Life will be transferred to comparable investments as outlined in the table on page 4. If you have not made an active investment selection, your money will be invested in the plan default fund, the Manulife BlackRock LifePath , closest to the year you turn 65. yy Current and future contributions you make to your program at Sun Life will be redirected to your new Manulife investments. yy Your beneficiary(ies) at Sun Life will be transfered to Manulife. yy If you and your spouse have an RRSP at Sun Life you’re contributing to, the savings and investment instructions in those accounts will be maintained and transferred to an account at Manulife. Want to learn more about investing?

View the online video at manulife.ca/investmentbasics Your new investment options Get ready for lower fees!

Fund Sun Life Fund Manulife Fund IMF* Code BlackRock Lifepath Index Retirement Segregated Fund Manulife BlackRock LifePath Index Retirement Fund 2321 0.268% BlackRock LifePath Index 2020 Segfund Manulife BlackRock LifePath Index 2020 Fund 2324 0.268% BlackRock LifePath Index 2025 Segfund Manulife BlackRock LifePath Index 2025 Fund 2325 0.268% BlackRock LifePath Index 2030 Segfund Manulife BlackRock LifePath Index 2030 Fund 2326 0.268% BlackRock LifePath Index 2035 Segfund Manulife BlackRock LifePath Index 2035 Fund 2327 0.268% BlackRock LifePath Index 2040 Segfund Manulife BlackRock LifePath Index 2040 Fund 2328 0.268% BlackRock LifePath Index 2045 Segfund Manulife BlackRock LifePath Index 2045 Fund 2329 0.268% BlackRock LifePath Index 2050 Segfund Manulife BlackRock LifePath Index 2050 Fund 2330 0.268% BlackRock LifePath Index 2055 Segfund Manulife BlackRock LifePath Index 2055 Fund 2331 0.268% Sun Life Assurance 1 year Guaranteed Fund Manulife BlackRock Short Term Index Fund 3321 0.208% Sun Life Assurance 3 year Guaranteed Fund Manulife BlackRock Short Term Index Fund 3321 0.208% Sun Life Assurance 5 year Guaranteed Fund Manulife BlackRock Short Term Index Fund 3321 0.208% Money Market Segregated Fund Manulife BlackRock Short Term Index Fund 3321 0.208% BlackRock Universe Bond Index Segregated Fund Manulife BlackRock Universe Bond Index Fund 4323 0.158% BlockRock S&P/TSX Composite Index Segregated Fund Manulife BlackRock Canadian Equity Index Fund 7322 0.158% MFS McLean Budden Candian Equity Core Segregated Fund Manulife MFS Canadian Research Equity Fund 7164 0.388% BlackRock EAFE Equity Index Segregated Fund Manulife BlackRock International Equity Index Fund 8321 0.218% BlackRock US Equity Index Segregated Fund Manulife BlackRock U.S. Equity Index Fund 8323 0.188% BlackRock US Equity Index Segregated Fund Manulife BlackRock U.S. Equity Index Fund 8322 0.188% (Registered only) (Not available on TFSA or NRSP) MFS International Equity Segregated Fund Manulife MFS International Equity Fund 8681 0.763%

*Investment Management Fee Your new account

Once your account has moved to Manulife, you’ll need to If you’d like to update your beneficiary or update your confirm a couple of things. You will receive an opening investment instructions, you can do it online. It’s quick statement that will contain the details of your Manulife and easy. account. You’ll need to make sure yy To change your beneficiary information, once in your yy Your personal information is correct Manulife account, select Forms from the Quick Links menu. Print it, complete it and send it back to Manulife. yy Your beneficiary is still the person you want yy To change your investment instructions once in your y y Your money is going to the funds you want Manulife account, click on My Investments and select You can confirm this information from your online Transfer Between Investments to transfer your current Manulife account. , and/or select Change My Investment Instructions.

Access it from MyPepsiCo.com > Pay, Benefits and Career > myHR. Week of Jan 14, 2019 yy You’ll receive an opening account statement from Manulife confirming your retirement savings account balance Key dates yy You’ll also be able to attend an information January 4, 2018 session to learn about your new account at Deadline for any Manulife changes or transactions yy If you had an NRSP, you’ll receive an NRSP (deposits/withdrawals) enrollment action form which you will to your retirement need to complete and return to Manulife accounts at Sun Life. Week of September 24, 2018 If you have an NRSP at Sun Life, you received a letter mailed to your home address.

On January 9, 2018 Week of You’ll be able to January 7, 2019 yy Access your online Manulife A Welcome Letter from retirement account Manulife will be mailed December 1, 2018 yy View your account balances to your home address. This is the deadline for online that were transferred Manulife to receive your NRSP from Sun Life to Manulife. transfer authorization forms yy Start making transactions if you want your account in your accounts balance transferred to Manulife in January 2019. Services and support

Manage and monitor your retirement account Contact Manulife’s Customer Service yy Check your account balance and view a summary Centre at 1-833-798-1828 of contributions yy Customer Service Representatives are available to answer general account questions, Monday to Friday, from 8 a.m. yy Transfer money between investments to 8 p.m. ET. yy Get current unit values yy Financial Education Specialists are available to answer yy Change the amount you contribute through questions about investment options, Monday to Friday, payroll deduction from 9 a.m. to 5 p.m. ET. yy View your personal rates of return for each individual Email: [email protected] investment and for your overall program You can also contact a Financial Counsellor through yy Get detailed investment information, such as fund the Healthy Money Program at 1-866-929-1724 or profiles, retirement planning tools and much more e-mail [email protected], or reach out to your local HR representative.

You’ll also have access to your investment line-up and other tools and resources at Manulife.ca/PepsiCo

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