FORT LAUDERDALE, FL - November 10, 2025 (NEWMEDIAWIRE) - Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of emerging beverage brands, today announced that its Founder, Chief Executive Officer, and Chairman of the Board, Robert Nistico, has resigned from his roles as CEO and Chairman. Bill Caple, a member of Splash’s Board of Directors for over two years, will succeed Mr. Nistico as Chairman of the Board. Mr. Caple brings decades of strategic and financial leadership, spanning investment banking, corporate development, and C-suite operations. Having guided global transactions, including the $1.8 billion acquisition of TaylorMade Golf by Korea’s Centroid Investment Partners, he combines deep capital-markets insight with hands-on experience, and a strong background in guiding growth-oriented companies through periods of transformation.

“We want to thank Robert for his years of leadership and dedication,” said Mr. Caple. “Under his direction, Splash completed a successful IPO in 2020, uplisted to the NYSE in 2021, and navigated several dynamic years of growth and expansion. The Company has now emerged from a very challenging period well positioned for its broader next phase of development. The Board’s focus ahead will be on accelerating strategic acquisitions beyond just beverage and driving long-term shareholder value.”

Mr. Nistico will transition out of the CEO role by November 14, 2025, but will continue to serve as a member of the Board of Directors, collaborating on special projects within the beverage sector. “I’m proud of what our team has built and the foundation we’ve laid,” said Mr. Nistico. “The timing is right for new leadership to carry Splash forward, and I have full confidence in Bill Caple and the reenergized Board as we guide the Company into its next chapter. ”William Meissner, as the Company’s President, will be taking on additional responsibilities as Mr. Nistico transitions out of the role, while the board finalizes its process of bringing on the new CEO.

About Splash Beverage Group, Inc.
Splash Beverage Group, Inc. owns and operates a portfolio of alcoholic and non-alcoholic beverage brands. The Company’s strategy includes developing early-stage brands, as well as acquiring and accelerating brands with established market presence or category innovation. Led by an experienced management team, Splash is focused on building its portfolio through acquisition and expanding its international distribution network.

For more information, visit:
www.SplashBeverageGroup.com

Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev

Forward-Looking Statements
This press release includes forward-looking statements within the meaning of U.S. federal securities laws. Forward-looking statements reflect management’s current expectations and assumptions regarding future events and performance, and they involve risks and uncertainties. Actual results may differ materially from those expressed or implied in these statements due to various factors, including but not limited to risks disclosed in the Company’s filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Contact Information:
Splash Beverage Group 954-745-5815 Info@SplashBeverageGroup.com
Dennis Burns 567-237-4132 dburns@SplashBeverageGroup.com

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