Fort Lauderdale, FL – July 26, 2024 – Splash Beverage Group Inc. (NYSE American: SBEV), a leading beverage company known for acquiring and growing early-stage brands to national and international prominence, is thrilled to announce that its Chocolate SALT Tequila brand has received its authorization from the Pennsylvania Liquor Control Board (PLCB). This significant achievement allows Chocolate SALT Tequila to be available in nearly 600 fine wine and spirits stores across Pennsylvania starting in September.

The PLCB's mission is to responsibly sell wine and spirits as a retailer and wholesaler, regulate Pennsylvania's alcohol industry, promote alcohol education and social responsibility, and maximize financial returns for the benefit of all Pennsylvanians. Gaining authorization from the PLCB is a major achievement and first step in the state for Splash Beverage Group and its growing portfolio.

Chocolate SALT Tequila, a premium 100% Blue Agave Tequila, is produced in the renowned agave growing region of Jalisco, Mexico. SALT Chocolate is a craft 80 proof / 40% ABV Tequila with infused rich mocha dark chocolate and subtle Himalayan sea salt flavors. This unique blend sets it apart in the market and is expected to resonate strongly with Pennsylvania's discerning consumers.

"This authorization from the PLCB is a testament to the quality and appeal of our brand, SALT Tequila," said Robert Nistico, CEO of Splash Beverage Group. "We are excited to bring this exceptional product to Pennsylvania's state-operated fine wine and spirits stores. Our strategic approach to building a robust distribution network is proving effective, and this achievement aligns perfectly with our mission to scale our brands nationally. This would not have been possible without our new distributor relationship in Pennsylvania."

Correction Notice: An earlier version of this press release incorrectly named Johnson Brothers as the distributor assisting Splash Beverage Group with this authorization. The correct distributor is Breakthru Beverage.
Splash Beverage Group continues to build a comprehensive distribution network to access large retailers, restaurants, and venues, ensuring the scalability of its brands. The inclusion of Chocolate SALT Tequila in Pennsylvania’s fine wine and spirits stores is another significant milestone forward in this strategy.

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, and Pulpoloco sangria. 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.

Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev

For more information visit:
www.SplashBeverageGroup.com
www.copadivino.com
www.drinksalttequila.com
www.pulpo-loco.com

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.

Contact Information: Splash Beverage Group
[email protected]
954-745-5815