Splash Beverage issues CEO 1,000 Series A preferred shares with 25M votes to secure authorized share increase

SPLASH BEVERAGE GROUP, INC.

CEO Robert Nistico purchased 1,000 Series A Preferred Shares for $1,000 total ($1.00/share) on June 9, 2025.
Each Series A share carries 25,000 votes, but voting limited only to the proposal to increase authorized shares at the special meeting.
Shares automatically redeem after shareholder approval of the authorized share increase or before the 2025 annual meeting record date.
CEO granted an irrevocable proxy to officers to vote the Series A shares proportionally to the common stock vote on the authorized share proposal.
The move aims to ensure passage of the authorized share increase, which is needed after the 1-for-40 reverse split on March 27, 2025.

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