Splash Beverage submits NYSE compliance plan; LOI with Medterra expired; going concern noted

SPLASH BEVERAGE GROUP, INC.

Submitted compliance plan to NYSE American on May 28, 2026 to address stockholders' equity deficiency; decision pending.
Non-binding LOI with Medterra CBD expired May 4, 2026 without executing a definitive agreement.
Actively evaluating other cannabinoid wellness strategic opportunities; discussions with multiple counterparties.
2025 audited financials contain a going concern opinion; disclosure per NYSE American requirements.
Cure period for listing compliance could extend through January 29, 2027 if plan accepted.

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