# EDGAR Filing Document

**Accession Number:** 0001854139
**File Stem:** 0001104659-25-095653
**Filing Date:** 2025-10
**Character Count:** 13669
**Document Hash:** 8957a128cec6241b4df68ad79ad89f7e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-095653.hdr.sgml**: 20251001

**ACCESSION NUMBER**: 0001104659-25-095653

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20251001

**DATE AS OF CHANGE**: 20251001

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Zevia PBC
- **CENTRAL INDEX KEY:** 0001854139
- **STANDARD INDUSTRIAL CLASSIFICATION:** BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 862862492
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92745
- **FILM NUMBER:** 251365061

**BUSINESS ADDRESS:**
- **STREET 1:** 15821 VENTURA BLVD.
- **STREET 2:** SUITE 135
- **CITY:** ENCINO
- **STATE:** CA
- **ZIP:** 91436
- **BUSINESS PHONE:** 203-331-7639

**MAIL ADDRESS:**
- **STREET 1:** 15821 VENTURA BLVD.
- **STREET 2:** SUITE 135
- **CITY:** ENCINO
- **STATE:** CA
- **ZIP:** 91436
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CAISSE DE DEPOT ET PLACEMENT DU QUEBEC
- **CENTRAL INDEX KEY:** 0000898286

**ORGANIZATION NAME:**
- **EIN:** 980380483
- **STATE OF INCORPORATION:** A8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1000 PLACE JEAN-PAUL RIOPELLE
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Z2B3
- **BUSINESS PHONE:** 514 847-2353

**MAIL ADDRESS:**
- **STREET 1:** 1000 PLACE JEAN-PAUL RIOPELLE
- **CITY:** MONTREAL
- **STATE:** A8
- **ZIP:** H2Z2B3

## Ex-99.A

**<u>Annex A</u>**

**CDP INVESTISSEMENTS INC.**

**<u>Directors and Officers</u>**

---

| | | |
|:---|:---|:---|
| **Name** | **Business Address** | **Principal**<br> **Occupation or Employment**  |
| Kim Thomassin | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Corporate Director and President Canadian |
| Martin Longchamps | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Corporate Director and Vice-President Canadian |
| Christian Grimm | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Corporate Director and Vice-President Canadian |
| Alice Monet | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Corporate Secretary Canadian |

---

**CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC**

**<u>Directors and Officers</u>**

---

| | | | |
|:---|:---|:---|:---|
| **Name** | **Business Address** | **Principal Occupation or Employment** | **Citizenship** |
| Jean St-Gelais | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Chairman of the Board of Directors | Canadian |
| Jean-François Blais | 1000, place Jean-Paul-Riopelle Montréal, Québec<br> H2Z 2B3  | Corporate Director | Canadian |
| Ivana Bonnet Zivcevic | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Serbian, French |
| Alain Côté | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Wendy Murdock | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Lynn Jeanniot | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Florence Brun-Jolicoeur | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3 | Corporate Director<br> Senior Consultant, Strategy, Aviseo  | Canadian |
| René Dufresne | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director<br> President and General Manager, Retraite Québec  | Canadian |

---

---

| | | | |
|:---|:---|:---|:---|
| Olga Farman | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3 | Corporate Director<br> President and Chief Executive Officer, Port de Québec<br>| Canadian |
| Nelson Gentiletti | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Audrey Murray | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director<br> President and Chief Executive Officer, Commission de la construction du Québec | Canadian |
| Ghislain Parent | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Marc Tremblay | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Corporate Director | Canadian |
| Charles Emond | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | President, Chief Executive Officer and Corporate Director | Canadian |
| Pierre Beaulieu | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Digital Technology | Canadian |
| Sarah-Émilie Bouchard | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Global Strategy and Chief Operating Officer | Canadian |
| Vincent Delisle | 1000, place Jean-Paul-Riopelle <br> 7th floor<br> Montréal, Québec H2Z<br> 2B3 | Executive Vice-President and Head of Liquid Markets | Canadian |
| Ève Giard | 1000, place Jean-Paul-Riopelle 5th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Talent and Performance | Canadian |
| Emmanuel Jaclot | 1000, place Jean-Paul-Riopelle 8th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Infrastructure and Sustainability | French |

---

---

| | | |
|:---|:---|:---|
| Kim Thomassin | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of QuébecCanadian |
| Rana Ghorayeb | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Real Estate Canadian |
| David Latour | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Chief Risk Officer Canadian |
| Martin Longchamps | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Private Equity and Private Credit Canadian |
| Philippe Tremblay | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President, Depositors and Total Portfolio Canadian |
| Michel Lalande | 1000, place Jean-Paul-Riopelle 11th floor<br> Montréal, Québec H2Z 2B3  | Executive Vice-President and Head of Legal and Global Affairs Canadian |

---

## Ex-99.B

**<u>Annex B</u>**

**<u>Schedule of Transactions</u>**

**CDP INVESTISSEMENTS INC.**

**None.**

**CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC**

**None.**

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Zevia PBC**

*(Name of Issuer)*

**Class A Common Stock**

*(Title of Class of Securities)*

**98955K104**

*(CUSIP Number)*

**Soulef Hadjoudj**<br>Caisse de depot et placement du Quebec<br>1000, place Jean-Paul-Riopelle<br>Montreal A8 H2Z 2B3<br>(514) 847-5998

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/30/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **98955K104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**CDP Investissements Inc.** | Name of reporting person<br>**CDP Investissements Inc.** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**QUEBEC** | Citizenship or place of organization<br>**QUEBEC** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**17050428.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**17050428.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**17050428.00** | Aggregate amount beneficially owned by each reporting person<br>**17050428.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**25.3%** | Percent of class represented by amount in Row (11)<br>**25.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**CO** | Type of Reporting Person (See Instructions)<br>**CO** | |

---

| **CUSIP No.** | **98955K104** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**CAISSE DE DEPOT ET PLACEMENT DU QUEBEC** | Name of reporting person<br>**CAISSE DE DEPOT ET PLACEMENT DU QUEBEC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[ ] (a)<br>[x] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**QUEBEC** | Citizenship or place of organization<br>**QUEBEC** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**17050428.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**17050428.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**17050428.00** | Aggregate amount beneficially owned by each reporting person<br>**17050428.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**25.3%** | Percent of class represented by amount in Row (11)<br>**25.3%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**OO** | Type of Reporting Person (See Instructions)<br>**OO** | |

---

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Common Stock

**(b) Name of Issuer:**
Zevia PBC

**(c) Address of Issuer's Principal Executive Offices:**
15821 Ventura Blvd., Suite 145, Encino, CA, 91436

This Amendment No. 2 (the "Amendment") amends the statement on Schedule 13D originally filed by the Reporting Persons on August 5, 2021 as amended by Amendment No. 1 filed by the Reporting Persons on July 2, 2025 (as amended, the "Schedule 13D"). Capitalized terms used but not otherwise defined in this Amendment shall have the meanings ascribed to such terms in the Schedule 13D. Except as otherwise provided herein, each Item of the Schedule 13D remains unchanged.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Item 5(a) is amended and restated as follows:

CDPI is the direct beneficial owner of 17,050,428 shares of Class A Common Stock, which represents approximately 25.3% of the Issuer's outstanding Class A Common Stock, based on 67,318,542 shares of Class A Common Stock outstanding as of August 6, 2025 as disclosed in the Issuer's quarterly report on Form 10-Q (File No. 001-40630) filed with the Securities and Exchange Commission on August 6, 2025.

**(b)**
Item 5(b) is amended and restated as follows:

CDPQ, though its ownership of CDPI, may be deemed to share voting and dispositive power over the shares of Class A Common Stock beneficially owned or deemed to be beneficially owned by CDPI.

**(c)**
Item 5(c) is amended and restated as follows:

The transactions by the Reporting Persons in the shares of Class A Common Stock during the past sixty days are set forth in Annex B. Except as otherwise disclosed therein, the Reporting Persons have not effected any transaction in the shares of Class A Common Stock in the last 60 days.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** CDP Investissements Inc.

**Signature:** /s/ Soulef Hadjoudj

**Name/Title:** Soulef Hadjoudj/Authorized Signatory

**Date:** 10/01/2025

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** CAISSE DE DEPOT ET PLACEMENT DU QUEBEC

**Signature:** /s/ Soulef Hadjoudj

**Name/Title:** Soulef Hadjoudj/Authorized Signatory

**Date:** 10/01/2025