Pepsi – Randy’s Donuts Takeover 2022 – Win $1000.00 awarded in the form of a pre-paid debit card or pre-paid debit cards in smaller denominations to total in aggregate $1000.00.

PEPSI® x RANDY’S DONUTS TAKEOVER 2022 PROMOTION (“PROMOTION”)

NO PURCHASE OR PAYMENT NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING.
INTERNET ACCESS REQUIRED. DATA RATES MAY APPLY IF PARTICIPATING VIA A MOBILE DEVICE.

1. PROMOTION PERIOD: The Promotion begins on January 23, 2022 at 12:00:00 p.m. Pacific Time
(“PT”) and ends on February 20, 2022 at 11:59:59 p.m. PT (the “Promotion Period”). The time clock of the Administrator’s
(“Administrator” as defined in Section 4) computer is the official timekeeping device for this Promotion.

2. PROMOTION OVERVIEW: : The Promotion consists of an instant-win game (“Instant-Win Game”) and a random
drawing (“Random Drawing”). For each valid Game Play (defined below) submitted for the Instant-Win Game, the participant
shall receive one (1) entry into the Random Drawing. See below for details.

3. HOW TO PARTICIPATE:During the Promotion Period, you can participate in the Instant-Win Game via
the following methods:

A. Purchase the Pepsi® ColaCream Combo Box at Randy’s Donuts/Code Entry: Visit Randy’s Donuts (at 805 West Manchester
Boulevard, Inglewood, CA 90301) and purchase the “Pepsi® ColaCream Combo Box”. Scan the code located on the Pepsi® donuts specially-marked
box to access the Promotion Web Site (defined in “B” below) using your mobile device. Upon accessing the Web Site for the first
time, follow the instructions to register. You will be required to create an account by entering your first and last name, date
of birth, complete mailing address (no P.O Boxes allowed), email address and phone number (“Account”); agree to these Official Rules;
and opt-in to receive emails about the Promotion. Once you have provided the required information, click “ENTER” to see if you have been
randomly selected to receive an Instant-Win Prize (a “Game Play”). Participants may opt out of future emails as indicated on promotional
emails you may receive.

A participant cannot participate solely by scanning the code. Participants must have a smart phone or other web-enabled device with a
camera feature or code reader application and may incur data charges from their wireless service provider for each use of the code,
depending on their service plan. Participants are solely responsible for any such wireless charges associated with such use, including
the downloading (if applicable) and use of the code reader. If you do not have a code scanner on your phone or device, search for one in
your mobile device’s application store to find available code readers for your phone or device. Code readers may not be available on
all devices.

B. To play via the Internet without making a purchase and scanning the code, visit PepsiRandysDonuts.com (“Web Site”)
and upon accessing the Web Site for the first time, follow the instructions to register. You will be required to create an account by
entering your first and last name, date of birth, complete mailing address (no P.O. Boxes allowed), email address and phone number
(also an “Account”); agree to these Official Rules; and opt-in to receive emails about the Promotion. Once you have provided the required
information, click “ENTER” to see if you have been randomly selected to receive an Instant-Win Prize (also a “Game Play”). Participants may
opt out of future emails as indicated on promotional emails you may receive.

Randomly-selected times, during the Promotion Period, will be chosen by the Administrator, and the first participant who completes a Game
Play in accordance with these Official Rules (whose Play is properly received and recorded by Administrator’s computer on or immediately
after a randomly selected time during the Promotion Period) will win an Instant-Win Prize (subject to verification). Odds of winning an
Instant-Win Prize depend on the number of eligible Game Plays received and the order in which they are received. For each valid Game Play,
participant receives one (1) entry into the Random Drawing.

Limit one (1) Account per person. Limit one (1) Game Play per person/Account per day. A “day” is defined as the twenty-four
(24) hours between 12:00:00 a.m. PT and 11:59:59 p.m. PT of the same day with the exception of the first day of the Promotion which shall
begin at 12:00:00 p.m. PT and end at 11:59:59 p.m. PT.

C. Bonus Entry into the Random Drawing: During the Promotion Period, a participant may follow the online instructions at the
Web Site to access a custom AR filter on Instagram, capture Sponsor’s content, and post Sponsor’s content with #PepsiRandysSweepstakes
to receive one (1) additional entry into the Random Drawing (“Bonus Entry”). The post must appear in the main Instagram newsfeed, not on stories,
and your profile must be set to public. The post must be visible at the end of the Promotion Period. Limit one (1) Bonus Entry per person/Account
for the entire Promotion Period. Bonus Entry must include the hashtag #PepsiRandysSweepstakes to be considered valid. If you do not have an
Instagram account, one can be opened for free by visiting http://instagram.com and following the appropriate link to download the free Instagram application.

Incomplete, deceptive or garbled Bonus Entries are not eligible. Sponsor is not responsible for misspellings, typographical errors, or other
issues that may affect the ability to locate or record a Bonus Entry. Bonus Entry must comply with these Official Rules and the Instagram Terms
of Use and Community Guidelines found at https://www.instagram.com/legal/terms. In the event of a conflict between the Promotion Official Rules
and Instagram Terms of Use and Community Guidelines the Promotion Official Rules shall govern.

Any Bonus Entry or portion thereof that is, in the Sponsor’s sole discretion, inconsistent with Sponsor’s desired image, offensive, obscene,
profane, lewd, defamatory, contains any proper names, third party materials, or otherwise violates or infringes (or may infringe) any copyright,
trademark, logo, mark that identifies a brand (other than Sponsor’s) or other proprietary right of any entity or person living or deceased
(including but not limited to rights of privacy or publicity or portrayal in a false light), or is otherwise objectionable, will not be accepted
as a Bonus Entry and may disqualify participant from further participation in the Promotion.

All participants must have a valid email address. The name of the person submitting a Game Play or Bonus Entry must be the name of the authorized account
holder of the email address upon registration, otherwise, Game Play or Bonus Entry may be deemed void. Multiple participants may not share the same email
address. In the event of a dispute over the identity of a participant, the Game Play or Bonus Entry will be declared made by the authorized account holder
of the email address used. A potential winner may be required to provide identification sufficient to show that they are the authorized account holder of such
email address.

Each Game Play or Bonus Entry must be manually keystroked and/or manually entered by the individual participant. Automated and/or repetitive electronic submission
of entries (including but not limited to Game Plays or Bonus Entries made using any script, macro, bot or sweepstakes service) will be disqualified and transmissions
from any such scripts, macros, bots or sweepstakes services or related email addresses or IP addresses may be blocked. If it is discovered that a participant used
multiple email addresses, phone numbers and/or mailing addresses, and/or manipulated such information for the purpose of obtaining more than the stated number of Game
Plays or Bonus Entries or prizes, such person will be disqualified and any prize won, shall be forfeited.

Regardless of whether a participant is submitting a Game Play or a Bonus Entry, if he or she is participating with a mobile phone or other web-enabled device and using
a wireless carrier’s network, standard data charges from such wireless carrier may apply. Participant should check with their wireless service provider for details on
these and any other applicable charges. Participants are solely responsible for any such wireless charges. Mobile entry is not required to submit a Game Play or Bonus
Entry or win a prize in this Promotion.

4. ELIGIBILITY: Open only to legal U.S. residents who reside in California and are eighteen (18) years of age or older at the time of entry. The
following persons are not eligible to participate or win: employees, contractors, directors and officers of PepsiCo, Inc., Pepsi-Cola Company (“Sponsor”) and its
bottlers, Randy’s Donuts, Genesco Sports Enterprises, Inc. (“Administrator”), and each of their respective parent, subsidiary and affiliated companies, participating
locations, distributors, Web design, advertising, fulfillment, judging and promotion agencies involved in the administration, development, fulfillment and execution
of this Promotion (“Promotion Parties”), and the immediate family members (spouse, parent, child, sibling, grandparent, and/or “step”) of each and those living in
their same households (those persons whether related or not who live in the same residence for at least three months during the twelve-month period preceding the start
date of the Promotion).

5. RANDOM DRAWING: Potential Random Drawing Prize winners will be selected in a random drawing on or about February 21, 2022 from among all eligible
entries received by the Administrator whose decisions are final in all matters relating to the Promotion. Odds of winning a Random Drawing Prize depend on the number
of eligible entries received. Entries submitted during the Promotion Period are only eligible for this Promotion and do not remain eligible for any subsequent promotions.

6. PRIZE DETAILS:
RANDOM DRAWING PRIZES:

One (1) Grand Prize will be awarded, consisting of $1,000.00, awarded in the form of a pre-paid debit card or pre-paid debit cards in smaller
denominations to total in aggregate $1,000.00. Pre-paid debit card(s) is subject to terms and conditions as set by issuer. Approximate Retail Value (“ARV”): $1,000.00.

Twenty (20) First Prizes will be awarded, each consisting of one (1) pair of custom Pepsi® x Randy’s Donuts branded sneakers. Sponsor will use its best
efforts to accommodate winner’s shoe size. If Sponsor cannot fulfill winner’s shoe size, an alternate size will be awarded. ARV: $150.00 each.

INSTANT-WIN PRIZES: The following Instant-Win Prizes will be randomly awarded throughout the Promotion Period as described in Section 3. Instant-Win Prizes
are listed as follows: Prize Quantity / Prize Description / ARV of each prize. All Instant-Win Prizes feature Pepsi® and Randy’s Donuts logos. Winner does not receive their
choice of size; no substitutions allowed.

27 / Bucket Hat (one size) / ARV: $75.00 each.
26 / Hoodie (size L) / ARV: $75.00 each.
134 / Sling Bag / ARV: $30.00 each.
133 / Pair of Socks (size L) / ARV: $30.00 each.
100 / $5.00 Randy’s Donuts gift card (subject to terms and conditions as set by issuer). ARV: $5.00 each.

Prize Limits: Limit one (1) Random Drawing Prize per person/Account/household. Limit one (1) Instant- Win Prize per person/Account per day and a total of
three (3) Instant-Win Prizes per person/Account for the Promotion Period. Total ARV of all prizes is $16,485.00.

7. WINNER NOTIFICATION:

For Instant-Win Prize potential winners: In addition to the winning message displayed at the Web Site at the time of participant’s Game Play, each potential
winner will receive an email from the Administrator. The email will provide information regarding how to claim the Instant-Win Prize. All Instant-Win Prizes must be claimed
within five (5) calendar days of email notification or prize may be forfeited.

For Random Drawing Prize potential winners:The potential Random Drawing Prize winners will be notified by email. The email will provide information regarding
how to claim the Random Drawing Prize.

Grand Prize potential winner: The prize must be claimed within five (5) calendar days of email notification or prize may be forfeited and awarded to an
alternate winner. Additionally, the potential winner will be required to complete, sign and return an IRS Form W-9 (including their social security number) and an Affidavit
of Eligibility/Liability Release with (where lawful) a publicity release within seven (7) calendar days.

First Prize potential winners: The prize must be claimed within five (5) calendar days of email notification or prize may be forfeited and awarded to an
alternate winner.

Failure to return the Affidavit (if applicable) within the specified number of days may result in prize forfeiture. If any prize notification or prize is returned as undeliverable,
if the potential winner does not properly claim their prize (as instructed within the notification); if the potential winner cannot be verified or is otherwise unable to accept
the prize as stated, prize may be forfeited and awarded to an alternate winner. Upon forfeiture for any reason as stated within these Official Rules, no compensation will be given.
Prizes will only be awarded to eligible participants residing within California. Sneaker prizes will be shipped within ten (10) to twelve (12) weeks of winner verification. All
other prizes will be shipped within six (6) to eight (8) weeks of winner verification.

Sponsor and Promotion Parties are not responsible for suspended or discontinued Internet or wireless service or a change in winner’s email address, which may result in a potential
winner not receiving prize notification. Sponsor and Promotion Parties are not responsible for any undelivered emails, including without limitation, emails that are not received
because of the winner’s privacy or spam filter settings which may divert any Sweepstakes email, including any winner notification email, to a spam or junk folder.

8. GENERAL: This Promotion is governed by the laws of the United States and of the State of New York without respect to conflict of law doctrines. Void where prohibited.
Potential winners may be required to provide proof of legal U.S. residency, if requested by Sponsor, to determine eligibility and as a condition of prize award. No substitution of
prize is offered, no transfer of prize to a third party is permitted and non- cash prizes may not be redeemed for cash value, except as determined by Sponsor in its sole discretion.
Sponsor reserves the right to substitute a prize of equal or greater value in the event any portion of a prize becomes unavailable. Unclaimed prizes will not be awarded. As a condition
of participating in this Promotion, participant agrees that any and all disputes which cannot be resolved between the parties, and causes of action arising out of or in connection with
this Promotion, shall be resolved individually, without resort to any form of class action, exclusively before a court located in New York having jurisdiction. Further, in any such
dispute, under no circumstances will participants be permitted to obtain awards for, and hereby waive all rights to claim punitive, incidental or consequential damages, including
attorneys’ fees, other than participants’ actual out-of-pocket expenses (e.g. costs associated with participating), and participants further waive all rights to have damages multiplied
or increased. Prize winners will be solely responsible for paying all applicable federal, state and local taxes on prizes, if any. If applicable, winners will be required to give their
social security number to the Administrator as a condition of receiving the prize and will receive an IRS Form 1099 for the retail value of the prize. No groups, clubs or organizations
may enter or win a prize or reproduce or distribute any portion of these Official Rules to its members. All other expenses on the receipt and use of a prize not specifically mentioned
herein are solely the responsibility of the winner. Any portion of a prize not accepted or used by winner for any reason will be forfeited. Any difference between the stated value of
any prize and the actual retail value will not be awarded.

9. CONDUCT: By participating in this Promotion, participants agree to be bound by these Official Rules and the decisions of the Administrator which shall be final and
binding in all respects. Failure to comply with these Official Rules may result in disqualification. Sponsor and Promotion Parties reserve the right, at their sole discretion, to
disqualify any individual found to be tampering with the entry process or the operation of the Promotion or the Web Site; or to be acting in any manner deemed by Sponsor to be in violation
of the Official Rules; or to be acting in any manner deemed by Sponsor to be unsportsmanlike or disruptive, or with intent to annoy, abuse, threaten or harass any other person. CAUTION:
ANY ATTEMPT BY A USER OR PARTICIPANT OR ANY OTHER INDIVIDUAL TO DELIBERATELY DAMAGE, DESTROY, TAMPER OR VANDALIZE THE WEB SITE OR UNDERMINE THE LEGITIMATE OPERATION OF THE PROMOTION IS
A VIOLATION OF CRIMINAL AND CIVIL LAWS AND SHOULD SUCH AN ATTEMPT BE MADE, SPONSOR RESERVES THE RIGHT TO SEEK DAMAGES (INCLUDING ATTORNEYS’ FEES) AND OTHER REMEDIES FROM ANY SUCH PERSON
OR PERSONS RESPONSIBLE FOR THE ATTEMPT TO THE FULLEST EXTENT PERMITTED BY LAW.

10. LIMITATIONS OF LIABILITY: Sponsor and Promotion Parties assume no responsibility or liability for (a) any incorrect or inaccurate information submitted by participant,
or for any faulty or failed electronic data transmissions; (b) any unauthorized access to, or theft, destruction or alteration of entries at any point in the operation of this Promotion;
(c) any technical malfunction, failure, error, omission, interruption, deletion, defect, delay in operation or communications line failure, regardless of cause, with regard to any equipment,
systems, networks, lines, satellites, servers, computers or providers utilized in any aspect of the operation of the Promotion; (d) inaccessibility or unavailability of the Web Site or any
network or wireless service or any combination thereof; (e) suspended or discontinued Internet or wireless service; or (f) any injury or damage to participants or to any other person’s computer,
mobile phone or web- enabled device which may be related to or resulting from any attempt to participate in the Promotion or download of any materials in the Promotion. If, for any reason,
the Promotion is not capable of running as planned for reasons which may include without limitation, infection by computer virus, tampering, unauthorized intervention, fraud, technical failures,
or any other causes, including but not limited to Acts of God, pandemics, epidemics, weather, fire, strike, acts of war or terrorism, government restriction, or any other condition beyond their
control, which may corrupt or affect the administration, security, fairness, integrity or proper conduct of this Promotion, then Sponsor reserves the right at its sole discretion to cancel,
terminate, modify or suspend the Promotion in whole or in part. In such event, Sponsor shall immediately suspend all drawings and prize awards, and Sponsor reserves the right to award any
remaining prizes (up to the total set forth in these Official Rules) in a manner deemed fair and equitable by Sponsor, such as by way of example and not by way of limitation, in a random drawing
from among all eligible, non-suspect entries received up to the time of the impairment, and Sponsor shall not have any further liability to any participant in connection with the Promotion.
Sponsor may modify and amend these Official Rules as they appear online from time to time during the Promotion for clarification purposes without materially affecting the terms and conditions
of the Promotion. Sponsor reserves the right, at its sole discretion, to disqualify any participant (and all of his or her entries) from this Promotion or any other promotion conducted now or in
the future by Sponsor or any of its affiliates if he or she tampers with the entry process or if his/her fraud or misconduct affects the integrity of this Promotion. Sponsor reserves the right to
correct errors in promotional materials.

11. DISCLAIMER: No more than the stated number of prizes will be awarded. In the event that a programming, production, seeding or printing error or any other reason causes more
than the stated number of prizes, as set forth in these Official Rules, to be available, awarded, and/or claimed, Sponsor reserves right to award only the stated number of prizes. Screen shots
are not proof of entry or winning status.

12.RELEASE OF LIABILITY: All participants, as a condition of participation in the Promotion, and winners, by acceptance of a prize, agree to release Sponsor and Promotion Parties
from and against any and all liability, claims or actions of any kind whatsoever for injuries, damages, or losses to persons or property, including bodily injury and death, which may be sustained
in connection with accessing the Web Site, submitting a Game Play or Bonus Entry or otherwise participating in any aspect of the Promotion, the receipt, ownership or use or misuse of any prize
awarded, or while preparing for, participating in, and/or traveling to and from any prize-related activity or any typographical or other error in the printing of these Official Rules or the offering
or announcement of any prize. Winners shall bear all risk of loss or damage to their prize and/or prize documentation after it has been delivered. Prizes are awarded “as is” with no warranty or
guarantee, either expressed or implied by Sponsor, except manufacturer’s standard written warranty included in the prize packaging. Except where prohibited by law, each winner grants to Sponsor
and it’s designees, the right to print, publish, broadcast and use worldwide in any media now known or hereinafter known, his/her name, voice, statement, picture or other likeness, without additional
compensation, for public relations, advertising and promotional purposes as may be determined by Sponsor or Promotion Parties.
Sponsor’s use of your personal information is subject to the privacy policy located at http://policy.pepsi.com/privacy.htm. Any communication between participant and Sponsor or its agencies regarding
this Promotion (e.g. phone calls, text messages, chats, emails, etc.) may be recorded for quality assurance and training purposes. Winners’ names may be included in a publicly-available winners’ list.

13. WINNERS’ LIST: For the names of the winners, mail in a 3” x 5” card containing your name and address to be received by March 21, 2022 to: Pepsi x Randy’s Donuts Takeover 2022
Promotion Winner’s List Request, c/o GSE, PO Box 130, Dept. 21-8185, Glencoe, MN 55336-0130.

14. SPONSOR: Pepsi-Cola Company, 700 Anderson Hill Road, Purchase, New York 10577.

This Promotion is in no way sponsored, endorsed, or administered by, or associated with Instagram. You understand that you are providing your information to the Sponsor and not to Instagram.

All beverage related trademarks are owned by PepsiCo, Inc. ©2022