FORT LAUDERDALE, FL, April 26, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of leading beverage brands, today announced the appointment of F. William (Bill) Caple to the Company’s Board of Directors.  Mr. Caple brings over 30 years of experience in investment banking experience, particularly M&A and capital raises, management consulting and entrepreneurship.

Mr. Caple is the founder and managing director of Caple Advisory, an international growth strategies consulting practice and investment banking firm with a concentration in Asia. He has served in top executive and board positions with enterprise software organizations and other technology companies, both private and public. Mr. Caple devised, implemented, and grew multiple business development, sales (domestic and international), marketing, M&A, investor relations, and corporate finance strategies and programs, netting successful exits and public offerings of his companies. Most recently, Mr. Caple negotiated and closed the notable acquisition of TaylorMade Golf by the Korean private equity firm, Centroid Partners. Mr. Caple began his career as a corporate transactional attorney in the Washington, DC office of a national firm, working with numerous well known / large Wall Street financial institutions.

“We are thrilled to welcome Bill to our board of directors,” said Robert Nistico, CEO and Chairman of Splash Beverage Group. “His wealth of experience and success in corporate finance strategies and M&A, business development, sales and marketing will be invaluable to our company’s growth initiatives and we look forward to his contributions. Bill rounds out our Board perfectly as each member brings a top-tier level of expertise in every key subject to help guide us as we continue to grow.”

“I am excited to join the board of Splash Beverage Group and contribute to the company’s mission of becoming a leading global beverage company,” said Mr. Caple. “Splash’s innovative and premium portfolio of brands and its dedication to product quality and customer service are impressive. I look forward to working with the board and management team to drive growth and create value for shareholders.”

About Splash Beverage Group, Inc.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drink. Splash’s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.

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Forward-Looking Statement
This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the risks disclosed in the Company’s Annual Report on Form 10-K filed with the SEC on March 8, 2021, and in the Company’s other filings with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Except as required by law, the Company disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release.

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Splash Beverage Group