ZVIA

SEC source: 0000950142-21-002458 · es210172618_4-cdpq.xml · derivative · entry 3

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC · CIK 0000898286 · 10% owner

CDP Investissements Inc. · CIK 0001490160 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Zip Holding Inc.

Disclosed balance after: 0

Underlying: Class A Common Stock · 23,703,986 shares

Expires not disclosed

F3 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F1 · price: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F3 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F3 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · ownership.nature: Prior to the merger, Zip Holding Inc. was a wholly-owned subsidiary of CDP Investissements Inc., which is a wholly-owned subsidiary of Caisse De Depot Et Placement Du Quebec, as a result of which each of them might be deemed the beneficial owner of securities held by Zip Holding Inc.

SEC source: 0000950142-21-002458 · es210172618_4-cdpq.xml · nonDerivative · entry 2

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC · CIK 0000898286 · 10% owner

CDP Investissements Inc. · CIK 0001490160 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By CDP Investissements Inc.

Disclosed balance after: 22,022,092

F1 · kind: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F1 · price: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F2 · ownership.nature: Prior to the merger, Zip Holding Inc. was a wholly-owned subsidiary of CDP Investissements Inc., which is a wholly-owned subsidiary of Caisse De Depot Et Placement Du Quebec, as a result of which each of them might be deemed the beneficial owner of securities held by Zip Holding Inc.

SEC source: 0000950142-21-002458 · es210172618_4-cdpq.xml · nonDerivative · entry 1

CAISSE DE DEPOT ET PLACEMENT DU QUEBEC · CIK 0000898286 · 10% owner

CDP Investissements Inc. · CIK 0001490160 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · By Zip Holding Inc.

Disclosed balance after: 0

F1 · kind: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F2 · shares: Prior to the merger, Zip Holding Inc. was a wholly-owned subsidiary of CDP Investissements Inc., which is a wholly-owned subsidiary of Caisse De Depot Et Placement Du Quebec, as a result of which each of them might be deemed the beneficial owner of securities held by Zip Holding Inc.

F1 · price: Pursuant to an Agreement and Plan of Merger , among Zevia PBC (the "Issuer"), Zip Holding Inc. and other parties thereto, Zip Holding Inc. merged with and into the Issuer. As a result of the merger, all 23,703,986 shares of the Issuer's Class B Common Stock and 23,703,986 Class B units of Zevia LLC held by Zip Holding Inc. came to represent 22,022,092 shares of Class A Common Stock and $21,957,126.17 in cash. As a result, Zip Holding Inc. ceased to be a reporting person with respect to the Issuer's securities.

F2 · ownership.nature: Prior to the merger, Zip Holding Inc. was a wholly-owned subsidiary of CDP Investissements Inc., which is a wholly-owned subsidiary of Caisse De Depot Et Placement Du Quebec, as a result of which each of them might be deemed the beneficial owner of securities held by Zip Holding Inc.

SEC source: 0000899243-21-030377 · doc4.xml · derivative · entry 3

Gay Robert · CIK 0001871607 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Robert Gay Trust

Disclosed balance after: 172,284

Underlying: Class A Common Stock · 7,716 shares

Expires 2029-12-31

F3 · price: Represents 7,716 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $100,655.22 total as consideration for the cancellation.

F3 · derivative.exercise_date: Represents 7,716 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $100,655.22 total as consideration for the cancellation.

SEC source: 0000899243-21-030377 · doc4.xml · derivative · entry 2

Gay Robert · CIK 0001871607 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Robert Gay Trust

Disclosed balance after: 542,780

Underlying: Class A Common Stock · 41,454 shares

Expires not disclosed

F2 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F2 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0000899243-21-030377 · doc4.xml · nonDerivative · entry 1

Gay Robert · CIK 0001871607 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Robert Gay Trust

Disclosed balance after: 542,780

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F1 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0000899243-21-030376 · doc4.xml · derivative · entry 1

Margolis Harry · CIK 0001871729 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Margolis Family Trust

Disclosed balance after: 135,672

Underlying: Class A Common Stock · 4,920 shares

Expires 2028-12-31

F1 · price: Represents 4,920 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $64,181.40 total as consideration for the cancellation.

F1 · derivative.exercise_date: Represents 4,920 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $64,181.40 total as consideration for the cancellation.

SEC source: 0000899243-21-030379 · doc4.xml · nonDerivative · entry 1

Mikhail Hany · CIK 0001871742 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

F1 · shares: Represents shares purchased in the Issuer's reserved share program in connection with the closing of the Issuer's initial public offering (the "IPO").

F2 · balance_after: Includes 24,000 outstanding restricted stock units which vest in full on the earliest to occur of (i) the date that is six months after the IPO, (ii) the termination of the lockup period following the IPO or (iii) the consummation of a change in control of the Issuer, subject to the Reporting Person's continued service to the Issuer.

SEC source: 0000899243-21-030364 · doc4.xml · derivative · entry 2

Beech William D. · CIK 0001871624 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,610

Underlying: Class A Common Stock · 1,766 shares

Expires 2028-05-06

F2 · price: Represents 1,766 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.025 per stock option and $23,002.15 total as consideration for the cancellation.

F2 · derivative.exercise_date: Represents 1,766 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.025 per stock option and $23,002.15 total as consideration for the cancellation.

SEC source: 0000899243-21-030364 · doc4.xml · derivative · entry 1

Beech William D. · CIK 0001871624 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,292

Underlying: Class A Common Stock · 2,084 shares

Expires 2028-05-06

F1 · price: Represents 2,084 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $12.995 per stock option and $27,081.58 total as consideration for the cancellation.

F1 · derivative.exercise_date: Represents 2,084 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $12.995 per stock option and $27,081.58 total as consideration for the cancellation.

SEC source: 0000899243-21-030372 · doc4.xml · nonDerivative · entry 1

Simms Lorna R. · CIK 0001871807 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 52,150

F1 · shares: Represents shares purchased in the Issuer's reserved share program in connection with the closing of the Issuer's initial public offering (the "IPO").

F2 · balance_after: Includes 52,000 outstanding restricted stock units which vest in full on the earliest to occur of (i) the date that is six months after the IPO, (ii) the termination of the lockup period following the IPO or (iii) the consummation of a change in control of the Issuer, subject to the Reporting Person's continued service to the Issuer.

SEC source: 0001209191-21-048457 · doc4.xml · derivative · entry 2

White Pine, Inc./WA · CIK 0001872982 · 10% owner

Laird Norton Co LLC · CIK 0001536032 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,555,938

Underlying: Class A Common Stock · 577,072 shares

Expires not disclosed

F3 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Persons to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F3 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F3 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F3 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0001209191-21-048457 · doc4.xml · nonDerivative · entry 1

White Pine, Inc./WA · CIK 0001872982 · 10% owner

Laird Norton Co LLC · CIK 0001536032 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,555,938

F1 · security: This Form 4 is filed jointly by White Pine, Inc. ("White Pine") and Laird Norton Company LLC ("LNC"). The securities are directly owned by White Pine. White Pine is a wholly owned subsidiary of LNC, and accordingly LNC may be deemed to beneficially own the securities owned directly by White Pine.

F2 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Persons to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F2 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Persons to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0000899243-21-030378 · doc4.xml · derivative · entry 5

Ripley Rosemary L · CIK 0001829141 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,591,906

Underlying: Class A Common Stock · 274,324 shares

Expires not disclosed

F6 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F4 · kind: In connection with the closing of the Issuer's initial public offering (the "IPO"), (i) NGEN III transferred 75,264 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer and (ii) NGEN Zevia transferred 199,060 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer, each at a per-share/unit price of $13.055 (the per-share price paid by the underwriters for shares of Class A Common Stock in the IPO).

F6 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F6 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F6 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · ownership.nature: Represents securities owned directly by NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia") and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock and Class B Common Stock owned, directly or indirectly, by NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F5 · ownership.nature: Of the shares of Class B Common Stock and Class B Units reported, 872,648 are held by NGEN III, 2,493,594 are held by NGEN Zevia, and 225,664 shares are held by NGEN-Mantra.

F7 · ownership.nature: The Reporting Person's Form 3 filed on July 21, 2021 incorrectly reported Class B Units as directly held. The Class B Units reported as directly held on that Form 4 should have been reported as indirectly held as follows: 1,823,762 held by ZLLC, 947,912 held by NGEN III, 2,692,654 held by NGEN Zevia, and 225,664 shares held by NGEN-Mantra.

SEC source: 0000899243-21-030378 · doc4.xml · derivative · entry 4

Ripley Rosemary L · CIK 0001829141 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,866,230

Underlying: Class A Common Stock · 1,823,762 shares

Expires not disclosed

F6 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Pursuant to an Agreement and Plan of Merger, among Zevia PBC (the "Issuer"), NGEN ZLLC Investment Corp. ("ZLLC") and other parties thereto, ZLLC merged with and into the Issuer (the "Merger"). As a result of the Merger, all 1,823,762 shares of the Issuer's Class B Common Stock and 1,823,762 Class B Units of Zevia LLC held by ZLLC came to represent (i) 1,694,358 shares of Class A Common Stock and (ii) $1,689,369.22 in cash.

F6 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F6 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F6 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · ownership.nature: Represents securities owned directly by NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia") and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock and Class B Common Stock owned, directly or indirectly, by NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F7 · ownership.nature: The Reporting Person's Form 3 filed on July 21, 2021 incorrectly reported Class B Units as directly held. The Class B Units reported as directly held on that Form 4 should have been reported as indirectly held as follows: 1,823,762 held by ZLLC, 947,912 held by NGEN III, 2,692,654 held by NGEN Zevia, and 225,664 shares held by NGEN-Mantra.

SEC source: 0000899243-21-030378 · doc4.xml · nonDerivative · entry 3

Ripley Rosemary L · CIK 0001829141 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 3,591,906

F4 · kind: In connection with the closing of the Issuer's initial public offering (the "IPO"), (i) NGEN III transferred 75,264 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer and (ii) NGEN Zevia transferred 199,060 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer, each at a per-share/unit price of $13.055 (the per-share price paid by the underwriters for shares of Class A Common Stock in the IPO).

F4 · shares: In connection with the closing of the Issuer's initial public offering (the "IPO"), (i) NGEN III transferred 75,264 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer and (ii) NGEN Zevia transferred 199,060 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer, each at a per-share/unit price of $13.055 (the per-share price paid by the underwriters for shares of Class A Common Stock in the IPO).

F4 · price: In connection with the closing of the Issuer's initial public offering (the "IPO"), (i) NGEN III transferred 75,264 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer and (ii) NGEN Zevia transferred 199,060 Class B Units and a corresponding number of shares of the Issuer's Class B Common Stock to the Issuer, each at a per-share/unit price of $13.055 (the per-share price paid by the underwriters for shares of Class A Common Stock in the IPO).

F2 · ownership.nature: Represents securities owned directly by NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia") and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock and Class B Common Stock owned, directly or indirectly, by NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F5 · ownership.nature: Of the shares of Class B Common Stock and Class B Units reported, 872,648 are held by NGEN III, 2,493,594 are held by NGEN Zevia, and 225,664 shares are held by NGEN-Mantra.

SEC source: 0000899243-21-030378 · doc4.xml · nonDerivative · entry 2

Ripley Rosemary L · CIK 0001829141 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 1,694,358

F1 · kind: Pursuant to an Agreement and Plan of Merger, among Zevia PBC (the "Issuer"), NGEN ZLLC Investment Corp. ("ZLLC") and other parties thereto, ZLLC merged with and into the Issuer (the "Merger"). As a result of the Merger, all 1,823,762 shares of the Issuer's Class B Common Stock and 1,823,762 Class B Units of Zevia LLC held by ZLLC came to represent (i) 1,694,358 shares of Class A Common Stock and (ii) $1,689,369.22 in cash.

F1 · price: Pursuant to an Agreement and Plan of Merger, among Zevia PBC (the "Issuer"), NGEN ZLLC Investment Corp. ("ZLLC") and other parties thereto, ZLLC merged with and into the Issuer (the "Merger"). As a result of the Merger, all 1,823,762 shares of the Issuer's Class B Common Stock and 1,823,762 Class B Units of Zevia LLC held by ZLLC came to represent (i) 1,694,358 shares of Class A Common Stock and (ii) $1,689,369.22 in cash.

F2 · ownership.nature: Represents securities owned directly by NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia") and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock and Class B Common Stock owned, directly or indirectly, by NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

F3 · ownership.nature: These shares are owned directly by NGEN III, which was the sole stockholder of ZLLC prior to the Merger.

SEC source: 0000899243-21-030378 · doc4.xml · nonDerivative · entry 1

Ripley Rosemary L · CIK 0001829141 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 3,866,230

F1 · kind: Pursuant to an Agreement and Plan of Merger, among Zevia PBC (the "Issuer"), NGEN ZLLC Investment Corp. ("ZLLC") and other parties thereto, ZLLC merged with and into the Issuer (the "Merger"). As a result of the Merger, all 1,823,762 shares of the Issuer's Class B Common Stock and 1,823,762 Class B Units of Zevia LLC held by ZLLC came to represent (i) 1,694,358 shares of Class A Common Stock and (ii) $1,689,369.22 in cash.

F1 · shares: Pursuant to an Agreement and Plan of Merger, among Zevia PBC (the "Issuer"), NGEN ZLLC Investment Corp. ("ZLLC") and other parties thereto, ZLLC merged with and into the Issuer (the "Merger"). As a result of the Merger, all 1,823,762 shares of the Issuer's Class B Common Stock and 1,823,762 Class B Units of Zevia LLC held by ZLLC came to represent (i) 1,694,358 shares of Class A Common Stock and (ii) $1,689,369.22 in cash.

F1 · price: Pursuant to an Agreement and Plan of Merger, among Zevia PBC (the "Issuer"), NGEN ZLLC Investment Corp. ("ZLLC") and other parties thereto, ZLLC merged with and into the Issuer (the "Merger"). As a result of the Merger, all 1,823,762 shares of the Issuer's Class B Common Stock and 1,823,762 Class B Units of Zevia LLC held by ZLLC came to represent (i) 1,694,358 shares of Class A Common Stock and (ii) $1,689,369.22 in cash.

F2 · ownership.nature: Represents securities owned directly by NGEN III, LP ("NGEN III"), NGEN Zevia SPV, LLC ("NGEN Zevia") and NGEN-Mantra Holdings LLC ("NGEN-Mantra"). Ms. Ripley directly (whether through ownership or position) or indirectly through one or more intermediaries, may be deemed for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, to be the indirect beneficial owner of the shares of Class A Common Stock and Class B Common Stock owned, directly or indirectly, by NGEN III, NGEN Zevia and NGEN-Mantra. Ms. Ripley disclaims beneficial ownership of the shares of Class A Common Stock and Class B Common Stock reported herein except to the extent of her pecuniary interest therein and this report shall not be deemed an admission that she is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

SEC source: 0000899243-21-030366 · doc4.xml · derivative · entry 9

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 229,710

Underlying: Class A Common Stock · 10,290 shares

Expires 2028-12-31

F3 · price: Represents 10,290 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $134,233.05 total as consideration for the cancellation.

F3 · derivative.exercise_date: Represents 10,290 vested options cancelled and cashed-out by mutual agreement of the Reporting Person and the Issuer. The Reporting Person received $13.045 per stock option and $134,233.05 total as consideration for the cancellation.

SEC source: 0000899243-21-030366 · doc4.xml · derivative · entry 8

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spence Family Trust

Disclosed balance after: 994,866

Underlying: Class A Common Stock · 75,982 shares

Expires not disclosed

F2 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F2 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0000899243-21-030366 · doc4.xml · derivative · entry 7

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By L&H Trust

Disclosed balance after: 371,618

Underlying: Class A Common Stock · 28,382 shares

Expires not disclosed

F2 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F2 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0000899243-21-030366 · doc4.xml · derivative · entry 6

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Green & Grand Trust II

Disclosed balance after: 37,162

Underlying: Class A Common Stock · 2,838 shares

Expires not disclosed

F2 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F2 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0000899243-21-030366 · doc4.xml · derivative · entry 5

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Green & Grand Trust I

Disclosed balance after: 37,162

Underlying: Class A Common Stock · 2,838 shares

Expires not disclosed

F2 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F2 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

F2 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer. Upon exchange of a Class B Unit, the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0000899243-21-030366 · doc4.xml · nonDerivative · entry 4

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Spence Family Trust

Disclosed balance after: 994,866

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F1 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0000899243-21-030366 · doc4.xml · nonDerivative · entry 3

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By L&H Trust

Disclosed balance after: 371,618

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F1 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0000899243-21-030366 · doc4.xml · nonDerivative · entry 2

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Green & Grand Trust II

Disclosed balance after: 37,162

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F1 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0000899243-21-030366 · doc4.xml · nonDerivative · entry 1

Spence Padraic L. · CIK 0001462709 · Director · See Remarks

10b5-1 filing: Not disclosed

Ownership: Indirect · By Green & Grand Trust I

Disclosed balance after: 37,162

F1 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F1 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0001209191-21-057228 · doc4.xml · derivative · entry 4

NORTHWOOD VENTURES LLC · CIK 0000902425 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 801,982

Underlying: Class A Common Stock · 61,250 shares

Expires not disclosed

F4 · security: Information for CP.

F5 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

F3 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F5 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

F5 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

F5 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0001209191-21-057228 · doc4.xml · derivative · entry 3

NORTHWOOD VENTURES LLC · CIK 0000902425 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,544,570

Underlying: Class A Common Stock · 347,082 shares

Expires not disclosed

F2 · security: Information for Ventures.

F5 · derivative.exercise_price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

F3 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F5 · price: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

F5 · derivative.exercise_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

F5 · derivative.expiration_date: The Class B Units of Zevia LLC are exchangeable, at the holder's option, on a one-for-one basis into shares of Class A Common Stock of the Issuer, or, at the Issuer's election, cash. Upon exchange of a Class B Unit (or redemption for cash), the corresponding share of Class B Common Stock will be automatically cancelled.

SEC source: 0001209191-21-057228 · doc4.xml · nonDerivative · entry 2

NORTHWOOD VENTURES LLC · CIK 0000902425 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 801,982

F1 · security: This Form 4 is filed jointly by Northwood Ventures LLC ("Ventures") and Northwood Capital Partners LLC ("CP"). Ventures and CP may be deemed to be members of a "group".

F4 · security: Information for CP.

F3 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F3 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0001209191-21-057228 · doc4.xml · nonDerivative · entry 1

NORTHWOOD VENTURES LLC · CIK 0000902425 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,544,570

F1 · security: This Form 4 is filed jointly by Northwood Ventures LLC ("Ventures") and Northwood Capital Partners LLC ("CP"). Ventures and CP may be deemed to be members of a "group".

F2 · security: Information for Ventures.

F3 · kind: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

F3 · price: Represents Class B Units of Zevia LLC and a corresponding number of shares of Class B Common Stock of the Issuer transferred by the respective Reporting Person to the Issuer in connection with the closing of the Issuer's initial public offering ("IPO") at a price of $13.055 (the per-share price paid by the underwriters for shares of the Class A Common Stock in the IPO).

SEC source: 0000899243-21-029696 · doc4.xml · derivative · entry 1

Mikhail Hany · CIK 0001871742 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,000

Underlying: Class A Common Stock · 6,000 shares

Expires 2031-07-21

F1 · derivative.exercise_date: Represents options to purchase 6,000 shares of Class A Common Stock of the Issuer granted under the Zevia PBC 2021 Equity Incentive Plan. The options will vest as follows: (i) 25% on the first anniversary of the vesting commencement date of 5/31/2021 and (ii) 1/48 at the end of each one-month period thereafter over the following three years, subject to the Reporting Person's continued service to the Issuer.

SEC source: 0000899243-21-029708 · doc4.xml · derivative · entry 1

Taylor Amy · CIK 0001871800 · Director · President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 50,000

Underlying: Class A Common Stock · 50,000 shares

Expires 2031-07-21

F1 · derivative.exercise_date: Represents options to purchase 50,000 shares of Class A Common Stock of the Issuer granted under the Zevia PBC 2021 Equity Incentive Plan. The options will vest as follows: (i) 25% on the first anniversary of the vesting commencement date of 6/28/2021 and (ii) 1/48 at the end of each one-month period thereafter over the following three years, subject to the Reporting Person's continued service to the Issuer.

SEC source: 0000899243-21-029712 · doc4.xml · derivative · entry 1

Simms Lorna R. · CIK 0001871807 · See Remarks

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,000

Underlying: Class A Common Stock · 6,000 shares

Expires 2031-07-21

F1 · derivative.exercise_date: Represents options to purchase 6,000 shares of Class A Common Stock of the Issuer granted under the Zevia PBC 2021 Equity Incentive Plan. The options will vest as follows: (i) 25% on the first anniversary of the vesting commencement date of 5/10/2021 and (ii) 1/48 at the end of each one-month period thereafter over the following three years, subject to the Reporting Person's continued service to the Issuer.

SEC source: 0000899243-21-029713 · doc4.xml · nonDerivative · entry 1

Troupe Quincy B · CIK 0001665031 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,000

F1 · shares: Represents restricted stock units ("RSUs") granted under the Zevia PBC 2021 Equity Incentive Plan. Each RSU represents the right to receive one share of Class A Common Stock of the Issuer. The RSUs will vest in full on the earliest to occur of (i) the date that is six months after the initial public offering of the Issuer (the "IPO"), (ii) the termination of the lockup period following the IPO or (iii) the consummation of a change in control of the Issuer, subject to the Reporting Person's continued service to the Issuer.

F2 · balance_after: Includes 2,700 outstanding RSUs which vest in full on the earliest to occur of (i) the date that is six months after the initial public offering of the Issuer (the "IPO"), (ii) the termination of the lockup period following the IPO or (iii) the consummation of a change in control of the Issuer, subject to the Reporting Person's continued service to the Issuer.