Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 18, 2022, the Board of Directors of Splash Beverage Group, Inc. (the "Company") appointed Ronald Wall to serve as Chief Financial Officer of the Company, effective May 2, 2022.

Mr. Wall, 55, is a collaborative finance executive with expertise leveraging analysis, insights and team approaches, driving organizational improvements, and implementing practices and controls. From 2016 to 2022, Mr. Wall served as the Chief Financial Officer for Americas of William Grant & Sons Inc., a premium spirits company. Previously, Mr. Wall served in various capacities at William Grant & Sons Inc., including Chief Financial Officer for North America, and Chief Financial Officer for the United States of America.

There is no arrangement or understanding between Mr. Wall and any other persons, pursuant to which he was selected as Chief Financial Officer. Mr. Wall has not engaged in any transaction, or any currently proposed transaction, in which the Company was or is to be a participant and the amount involved exceeds $120,000, and in which any related person had or will have a direct or indirect material interest. There are no family relationships between Mr. Wall and any director or executive officer of the Company.

Mr. Wall will receive $325,000 annually, with the ability to receive additional compensation bonuses, subject to certain terms and conditions, as compensation for his duties as Chief Financial Officer of the Company. Mr. Wall will serve as Chief Financial Officer until the next meeting of stockholders, or until his earlier death resignation or removal.

In connection with Mr. Wall's appointment as Chief Financial Officer, former Interim Chief Financial Officer, Fatima Dhalla, will continue with the Company as an independent consultant.

Item 7.01 Regulation FD Disclosure

On April 19, 2022, the Company issued a press release announcing the appointment of Mr. Wall as Chief Financial Officer.

A copy of the above-mentioned press release is attached herewith as Exhibit 99.1.





Item 9.01 Exhibits



Exhibit
No.       Description

99.1        Press Release dated April 19, 2022
104       Cover Page Interactive Data File (embedded within the Inline XBRL document)

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