{"url_path":"/sec/sbevw/8-k/2026-05-15/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers;","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/1553788/0001731122-26-000730-index.html","accession_number":"0001731122-26-000730","cik":"0001553788","ticker":"SBEV","issuer_name":"SPLASH BEVERAGE GROUP, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1553788/0001731122-26-000730-index.html","primary_entity_key":"0001553788","primary_entity_name":"SPLASH BEVERAGE GROUP, INC."},"word_count":392,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain Officers;\nElection of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\n**(c)**\n\n \n\nOn May 9, 2026, Splash Beverage\nGroup, Inc. (the “Company”) appointed Brady Cobb as the Company’s Interim Chief Executive Officer, effective immediately.\nBy virtue of this appointment, Mr. Cobb became the principal executive officer of the Company. Mr. Cobb has been a director of the Company\nsince February 2, 2026.\n\n \n\nMr. Cobb is a seasoned executive\nin both public and private companies, entrepreneur, attorney/lobbyist, and strategist with deep experience in emerging cannabinoid regulated\nmarkets, legal and regulatory matters, brand curation and expansion, and capital markets. He has founded, operated, and/or advised multiple\nhigh-growth platforms across cannabis, wellness, and consumer packaged goods, and brings a unique combination of operational, regulatory,\ngovernmental and transactional expertise to the Company. Mr. Cobb is admitted to practice law in the State of Florida and has experience\nas both a lawyer and lobbyist.\n\n \n\nThere are no arrangements\nor understandings between Mr. Cobb and any other person pursuant to which he was selected as an executive officer of the Company. Mr.\nCobb has no family relationships with any director or executive officer of the Company, and there are no transactions in which he has\nan interest requiring disclosure under Item 404(a) of Regulation S-K.\n\n** **\n\n**(b)**\n\n** **\n\nOn May 12, 2026, William\nMeissner notified the Company of his resignation as President and all other offices of and employment with the Company, which resignation\nwill become effective on June 1, 2026.\n\n \n\nOn May 12, 2026, the Company entered into a consulting agreement with Mr.\nMeissner pursuant to which, beginning on June 1, 2026, Mr. Meissner will provide consulting services to the Company for an initial term\nof six months for a consulting fee of $5,000 per month. The Company also agreed to grant Mr. Meissner a stock option to purchase 250,000\nshares of the Company’s common stock under the Company’s 2025 Equity Incentive Plan, which is subject to future vesting requirements.\nThe first vesting t: (1) 125,000 options vest immediately, and (2) 125,000 options will vest on at the end of the initial term of the\nconsulting agreement, subject to continued services as of each applicable vesting date. The consulting agreement provides that if Mr.\nMeissner is terminated for cause, he will not be entitled to any unearned or unvested compensation."}