On September 26, 2023, Ronald Wall resigned as Chief Financial Officer of Splash Beverage Group, Inc. (the Company"). Mr. Wall's resignation as Chief Financial Officer was not because of any disagreement with the Company on any matter relating to the Company's operations, policies or practices, including accounting principles and practices. Effective September 28, 2023, the Board of Directors of the Company appointed Fatima Dhalla as the Interim Chief Financial Officer.

Ms. Dhalla, 68, has previously served as the Interim Chief Financial Officer of the Company from February 18, 2022, until May 1, 2022, and is familiar with the company, aiding in a smooth transition. Ms. Dhalla has provided consulting services to clients on the Sarbanes-Oxley Act of 2002, system implementation and financial reporting since 2017. From 2015 to 2017, Ms. Dhalla served as the Chief Financial Officer of Maverick Brands, LLC, a beverage company producing and selling coconut water.

Ms. Dhalla is educated in the United Kingdom as a fellow of the Chartered Association of Certified Accountants in 1987. Ms. Dhalla will serve as Interim Chief Financial Officer until the Company appoints a full-time replacement as Chief Financial Officer.