Splash Beverage Group (SBEV) Proxy Filing summary

Executive summary

• Special Meeting scheduled for August 29, 2025, to vote on increasing authorized common stock from 7,500,000 to 400,000,000 shares.

• Board unanimously recommends approval of the share increase to provide flexibility for future financings, equity awards, and general corporate purposes.

• The meeting will be held virtually, and shareholders can vote online, by mail, or by phone.

• The company recently filed late annual and quarterly reports, raising regulatory and listing risks.

• Currently not in compliance with NYSE American listing standards; appeal of delisting is pending.

Voting matters and shareholder proposals

• Only proposal is to amend the Articles of Incorporation to increase authorized common stock to 400,000,000 shares.

• Board recommends a vote "FOR" the proposal.

• Proposal requires approval by a majority of issued and outstanding shares entitled to vote.

• No other matters are expected to be presented at the meeting.

Board of directors and corporate governance

• Board and management believe the share increase is necessary for operational flexibility and future growth.

• Directors and executive officers may benefit from future equity awards if the amendment is approved.